Listed by Northland Real Estate, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $2,596,229

4 Beds
3 Baths
4,920 Sq Ft
$528/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $2,900,000 $589 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $14,930/month

125 Days on Market

Highlights

  • Barn
  • Stables
  • RV Access or Parking
  • Albert Einstein Elementary School Rated A
  • Home fronts a creek
  • 7.63 Acre Lot

About This Home

As of September 2023

Don't miss this opportunity! 7.6 one of a kind, multi opportunity investment property, Additional adjoining 20 acres available. 2 Blocks from Starbucks & PCC. 4920 SF, 4 BDRM, 3 BTH Private Estate, ADU with 2 Apartments or Multi-Generational Living, and Office. Rustic Barn w/incredible views, Additional 4000 SF 9 Car Garage,2 acres of parking,2 tax parcels potential for Several Building Lots. Endless income producing property, previously Events/Wedding Venue many amenities already in place for Private Retreat, Winery, School, Home Occupation, Veterinary, ETC. 360' serene creek for great summer floating. Great location Close to high tech corridor Microsoft, Amazon, Google, Facebook, Nintendo, Downtown Redmond, Bellevue,17 minutes to Seattle.

Last Agent to Sell the Property

Sandra Pelan

Northland Real Estate License #13853 Listed on: 04/10/2023

Last Buyer's Agent

Pranathi Nandivada

Kelly Right RE of Seattle LLC License #102572

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2051490

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,683

Year Built

  • Built in 1924

Lot Details

  • 7.63 Acre Lot
  • Home fronts a creek
  • South Facing Home
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden
  • Zoning described as RA2.5 RA2.5P

Parking

  • 11 Car Attached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,920 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Territorial Views
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Additional Homes

  • 1,120 SF Accessory Dwelling Unit
  • ADU includes 3 Bedrooms and 2 Bathrooms

Location

  • Property is near public transit

Schools

  • Einstein Elementary School
  • Redmond High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Generator Hookup
  • Private Water Source
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Avondale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7273100180

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,683

Year Built

Built in 1924

Lot Details

0

Parking

11

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1924
  • Inclusions: Dishwasher,DoubleOven,Refrigerator,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 6040
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • AccessoryDwellingUnit: DetachedDwelling
  • DetachedDwellingSqFtFinished: 1120
  • Special Features: None
  • Cumulative Days on Market: 813

Interior Features

  • Fireplaces: 3
  • Basement: Finished
  • Appliances: Dishwasher, Double Oven, Refrigerator
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Dining Room, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wired for Generator, Fireplace, Water Heater
  • Living Area: 4920
  • Main Level Bedrooms: 2
  • Bathrooms: 3
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 4920
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Double Oven,Refrigerator
  • FireplacesUpper: 1
  • ADUBaths: 2
  • ADUBeds: 3

Exterior Features

  • Roof: Composition
  • View: See Remarks, Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Direction Faces: South
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 11
  • Garage Spaces: 11
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 11

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Sound
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Washington
  • High School: Redmond High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7273100180
  • Topography: Equestrian,Level
  • Land Lease: No
  • Lot Size Acres: 7.6286
  • Lot Size Sq Ft: 332304
  • Zoning Description: RA2.5 RA2.5P
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Barn,Cable TV,Deck,High Speed Internet,Outbuildings,Patio,RV Parking,Shop,Stable
  • MLSLotSizeSource: King County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 14683
  • AdditionalTaxIds: 727310-0120

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Einstein Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Sep 27, 2023
Sold by
Bostic David H
Bought by
Lanka Ramesh and Lanka Kiranmaye
Seller's Agent
Sandra Pelan
Northland Real Estate
Buyer's Agent
Pranathi Nandivada
Kelly Right RE of Seattle LLC
List Price
$3,199,000
Sold Price
$2,900,000
Premium/Discount to List
-$299,000
-9.35%
Views
72
Current Estimated Value
$2,596,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$303,771
Avg. Annual Appreciation
-13.79%
Original Mortgage
$2,242,411
Outstanding Balance
$2,208,224
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$27,056

Purchase Details

Closed on
Oct 7, 1992
Sold by
Bostic David
Bought by
King County

Purchase Details

Closed on
Aug 22, 1991
Sold by
Nowogroski Nowogroski and Nowogroski Beatrice M
Bought by
Bostic David H
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lanka Ramesh $2,900,000 Wfg National Title Company Of
King County -- --
Bostic David H $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanka Ramesh $2,242,411
Previous Owner Bostic David H $400,000
Previous Owner Bostic David $359,650
Previous Owner Bostic David H $300,000
Previous Owner Bostic David H $300,000
Previous Owner Bostic David H $184,600
Previous Owner Bostic David H $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $2,900,000 -9.3% $589 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $3,199,000 0.0% $650 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $3,199,000 -7.3% $650 / Sq Ft
05/01/2023 05/01/23 For Sale $3,450,000 0.0% $701 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $3,450,000 -- $701 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,726 -- -- --
2023 $9,726 $1,560,000 $969,000 $591,000
2022 $9,484 $2,054,000 $1,214,000 $840,000
2021 $8,870 $1,438,000 $850,000 $588,000
2020 $10,168 $772,224 $273,224 $499,000
2018 $9,216 $815,713 $109,713 $706,000
2017 $8,101 $876,000 $226,000 $650,000
2016 $7,819 $788,000 $204,000 $584,000
2015 $7,473 $760,000 $197,000 $563,000
2014 -- $707,000 $184,000 $523,000
2013 -- $644,000 $337,000 $307,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2051490

Northwest Multiple Listing Service (NWMLS)

APN: 727310-0180