NOT LISTED FOR SALE

16003 NE 40th Ct Unit 1C Redmond, WA 98052

Overlake Neighborhood

Estimated Value: $698,000 - $748,000

2 Beds
1.5 Baths
986 Sq Ft
$356/mo HOA Fee

Last Sold February 17, 2021

Last sale price $575,000 $583 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,772/month

37 Days on Market

Highlights

  • 2.81 Acre Lot
  • Property is near public transit
  • End Unit
  • John J. Audubon Elementary School Rated A
  • 1 Fireplace
  • 2-minute walk to Cascade View Neighborhood Park

About This Home

As of February 2021

Immaculate Like New Harper Hill Private 2 Bedroom End Unit, Just an Easy 1/3 mile Walk to the Microsoft Campus & The New Overlake Transit Bus & Future Light Rail Station. Nicely Updated Honey Oak Kitchen with New Countertops, Stainless Steel Refrigerator, Stove, Microwave and Dishwasher. SS Sink, Faucet and Disposal. All new Flooring throughout with Luxury Vinyl Plank on the Main level and New Carpet Upstairs. Also Updated Full and 1/2 Baths. Utility Room with New Washer and Dryer and lots of storage. The Garage is Sheet Rocked and Painted, including the Floor This Garage could double as additional Rec Room Space. All New Paint inside and out. Newer White Vinyl Frame Windows. All professionally Cleaned and ready for New Owners

Last Agent to Sell the Property

Jim Muir

RE/MAX Integrity License #12738 Listed on: 12/08/2020

RE/MAX Integrity

Last Buyer's Agent

Yu Song

Windermere Real Estate/East License #24005581

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1694857

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,318

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • North Facing Home
  • Private Yard
  • Yard

HOA Fees

  • $356 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 986 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Blinds

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

  • Audubon Elementary School
  • Rose Hill Middle School
  • Redmond High School

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3115000030

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, road maintenance, water/sewer
  • J Satrom Association
  • Harper Hill Condos
  • Microsoft Subdivision
  • Park Phone (206) 935-7951 | Manager Property Concepts/J.Satrom

Recreation

  • Trails

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,318

Year Built

Built in 1984

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1984
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Harper Hill
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 986
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Yard
  • Special Features: None
  • Cumulative Days on Market: 912

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Balcony/Deck/Patio, Yard
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Range/Oven,Refrigerator,Washer
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: Light rail + Bus

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Utilities: Electric, Common Area Maintenance, Garbage, Road Maintenance, Water/Sewer
  • HeatingCoolingType: Forced Air

Condo/Co-op/Association

  • Community Features: Cable TV, High Speed Int Avail, Trail(s)
  • Park Manager Name: Property Concepts/J.Satrom
  • Park Manager Phone: 206-935-7951
  • Senior Community: No
  • Association Fee: 356
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • AssociationContactName: J Satrom
  • CommonPropertyFeatures: Cable TV,High Speed Int Avail,Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Road Maintenance, Water/Sewer

Schools

  • Junior High Dist: Lake Washington
  • High School: Redmond High
  • Middle Or Junior School: Rose Hill Middle

Lot Info

  • Parcel Number: 3115000030
  • Lot Size Acres: 2.8113
  • Lot Size Sq Ft: 122462
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4318

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Audubon Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Feb 11, 2021
Sold by
Horner Chad and Estate Of Kenneth Lungcheung P
Bought by
Zhang Weitong
Seller's Agent
Jim Muir
RE/MAX Integrity
Buyer's Agent
Yu Song
Windermere Real Estate/East
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Total Days on Market
37
Current Estimated Value
$716,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,510
Avg. Annual Appreciation
5.21%
Original Mortgage
$456,000
Outstanding Balance
$411,164
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$305,346

Purchase Details

Closed on
Oct 5, 1984
Sold by
Centron Development Corp
Bought by
Pang Kenneth Lung Cheung
Source: Public Records

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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
Zhang Weitong $570,000 Old Republic Title Ltd
Pang Kenneth Lung Cheung $63,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Weitong $456,000
Previous Owner Pang Kenneth Lungcheung $98,051
Previous Owner Pang Kenneth Lungcheung $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $575,000 0.0% $583 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $574,950 -4.2% $583 / Sq Ft
12/08/2020 12/08/20 For Sale $599,900 -- $608 / 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 $4,954 $629,000 $150,200 $478,800
2023 $4,393 $706,000 $150,200 $555,800
2022 $4,559 $596,000 $133,500 $462,500
2021 $4,346 $529,000 $133,500 $395,500
2020 $4,318 $466,000 $133,500 $332,500
2018 $3,424 $418,000 $104,300 $313,700
2017 $3,041 $342,000 $75,100 $266,900
2016 $2,530 $317,000 $66,700 $250,300
2015 -- $261,000 $56,300 $204,700
2014 -- $255,000 $45,900 $209,100
2013 -- $190,000 $45,900 $144,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1694857

Northwest Multiple Listing Service (NWMLS)

APN: 311500-0030