Cottage / Storybook home in Bellevue, WA
A Cottage home in Bellevue, WA, it offers 4 bedrooms and 3 bathrooms across 2,430 square feet. Standout details include hot tub / spa, attached garage, deck / patio, and fireplace.
| Price | $1,400,000 |
|---|
| Beds | 4 |
|---|
| Baths | 3 |
|---|
| Sqft | 2430 |
|---|
| Architectural style | Cottage / Storybook (44% match) |
|---|
| Address | 16931 SE Newport Way, Bellevue, WA 98006 |
|---|
Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage, deck / patio, fireplace, hot tub / spa.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $1.4M, this home is 40% above the $1000K median for 348 similar Cottage / Storybook homes in Seattle, WA.
- That works out to $576 per square foot, 2% above the $567 comparable rate.
| This home | $1,400,000 |
|---|
| Cottage / Storybook median in Seattle, WA | $999,500 (348 homes) |
|---|
| Price per sq ft | $576 vs. $567 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $9,285/month with 20% down at a 7.28% 30-year fixed rate. You would need about $397,922 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $7,663/mo |
|---|
| Property tax (new-buyer reassessed rate) | $1,097/mo |
|---|
| Homeowners insurance | $525/mo |
|---|
| Total monthly | $9,285/mo |
|---|
| Down payment (20%) | $280,000 |
|---|
| Income needed | $397,922/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B+ (77 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B+ (77/100) |
|---|
| Beats renting in | 40% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $888,476 |
|---|
| Range (10th to 90th pct) | $581,663 to $1,257,971 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Seattle, WA where local data is thin.
Local home values
Typical home values in Seattle, WA have risen about 10% over the past 5 years (-1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately