Rare opportunity of close-in acreage, perfect for a custom home. Access from quiet cul-de-sac in Dorchester Ridge neighborhood. Newport Hills Creek on property and mature trees for privacy. Mirror-image property to the south (right) is already being developed and a new construction home is being built. Perfect example of how this property can be developed. The vision and access has been created. Talk with the City of Newcastle for details. Location! Just minutes to I-405, I-90, and Bellevue. Shopping nearby in Newcastle.
Property Details
Property Features
Listing Office:
Office Name: Windermere Bellevue Commons
Office Phone: (425) 462-8000
Listing Agent: Greg Abbott
Exterior Features
Exterior Information:
Waterfront: Creek
View: Territorial
Lot Features
Lot Information:
Lot: Dead End Street
Lot Size: 2.35 Acres
Other
Directions Information:
Directions: I-405 Exit NE 44th St, East over freeway, North on Lk. WA Blvd, R SE 76th St, R 116th Ave SE, L 80th St, R 119th Ave SE, L 120th Pl SE, road cut-in on R just past house #8200.
Price Information
Listing Price Info
Price Summary:
List Price: $389,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newcastle, WA.
This property is $1.2M less than the Median Sold Price in Newcastle, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2236793
Listing Office:
Office Name: Windermere Bellevue Commons
Office Phone: (425) 462-8000
Listing Agent: Greg Abbott
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 8:17:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,009
Per Month
Principal & Interest
$1,942
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,233
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Newcastle Elementary School
8400 136th Ave SE
Distance between this listing and this school0.66 miles
Public District Grades KG-5
8
/10
Hazelwood Elementary School
7100 116th Ave SE
Distance between this listing and this school0.77 miles
Public District Grades KG-5
4
/10
Sierra Heights Elementary School
9901 132nd Ave SE
Distance between this listing and this school1.12 miles
Public District Grades KG-5
Nearby Schools
4
/10
Ridson Middle School
6928 116th Ave SE
Distance between this listing and this school0.93 miles
Public District Grades 6-8
4
/10
McKnight Middle School
1200 Edmonds Ave NE
Distance between this listing and this school1.75 miles
Public District Grades 6-8
9
/10
Islander Middle School
8225 SE 72nd St
Distance between this listing and this school2.64 miles
Public District Grades 6-8
Nearby Schools
6
/10
Hazen High School
1101 Hoquiam Ave NE
Distance between this listing and this school2.17 miles
Public District Grades 9-12
10
/10
Newport High School
4333 Factoria Blvd SE
Distance between this listing and this school2.60 miles
Public District Grades 9-12
10
/10
Mercer Island High School
9100 SE 42nd St
Distance between this listing and this school3.62 miles
The neighbors living near this home have an average income of $93,611. Most Newcastle, WA residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 120XX SE 81st Ln
What is the listing price of this property?
The listing price of 120XX SE 81st Ln property is $389,000.
What type of property is this?
The property 120XX SE 81st Ln is land located in Newcastle, Washington, 98056.
Is this property for sale now?
Active Listing: 120XX SE 81st Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 120XX SE 81st Ln in Newcastle, WA and zip code 98056 in the Olympus neighborhood. This home sits on a 2.35 acre lot. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $389,000.
Over 5 listings were sold over their listed price in November 2024 in Newcastle, WA. In the same period over 6 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Newcastle, WA between October 2024 and November 2024 decreased by 2%. In November 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $1,635,975.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
Skiing/snowboarding
Skiing/snowboarding
Men's Tennis
Soccer
Nordstrom
Bloomingdales
The Container Store
California Pizza Kitchen
Bonefish Grill
Starbucks
BMW
Lexus
Acura
Talk/Personality
News
Alternative