Listed by John L. Scott, Inc., Bought with Realty ONE Group Orca Gold
NOT LISTED FOR SALE

The Cleveland Condominiums 16141 Cleveland St Unit 501 Redmond, WA 98052

Downtown Redmond Neighborhood

Estimated Value: $567,000 - $597,000

1 Bed
1 Bath
759 Sq Ft
$483/mo HOA Fee

Last Sold March 08, 2023

Last sale price $605,000 $797 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,935/month

67 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Mountain View
  • Redmond Elementary School Rated A
  • Craftsman Architecture
  • 1-minute walk to Redmond Central Connector Park

About This Home

As of March 2023

Perfectly positioned 1 bedroom + den condo in the heart of downtown Redmond with sunny southern exposure. Move-in ready with new carpet and fresh paint. Open floor plan with high ceilings, beautiful finishes and contemporary details. Kitchen has granite countertops, Craftsman-style maple cabinets, moveable island & stainless appliances. Cozy fireplace with stone surround. Patio off of living room overlooks the courtyard and Redmond Connector trail. In-unit laundry and separate additional storage. Bike rack in parking space. Secure building & parking with media room and fitness center. Walk to shopping, restaurants, transit, parks & trails. Easy access to 520 and blocks away from upcoming light rail station. Solid HOA and no rental cap.

Last Agent to Sell the Property

Cindy Chase

John L. Scott, Inc. License #87866 Listed on: 12/03/2022

John L. Scott, Inc.

Last Buyer's Agent

Dominic Lau

Realty ONE Group Orca Gold License #23580

Realty ONE Group Orca Gold

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2020097

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,473

Year Built

  • Built in 2006

Lot Details

  • South Facing Home

HOA Fees

  • $483 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Craftsman Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof
  • Cement Board or Planked

Interior Spaces

  • 759 Sq Ft Home
  • Electric Fireplace
  • Insulated Windows
  • Blinds

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Redmond Elementary School
  • Redmond Middle School
  • Redmond High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1624000570

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, sewer, water
  • 88 Units
  • Luiza Limona Association
  • Secondary HOA Phone (425) 732-6560
  • The Cleveland Condos
  • Downtown Redmond Subdivision
  • Park Phone (425) 732-6560 | Manager Morris Mgmt
  • 6-Story Property

Amenities

  • Elevator
  • Lobby

Recreation

  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,473

Year Built

Built in 2006

Lot Details

0

HOA Fees

$483 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2006
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: The Cleveland
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 759
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Walk-in Closet
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 6
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 5
  • StorageNo: 52
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Mezzanine
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Flat, Torch Down
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Brick, Cement Planked
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 28

Utilities

  • Cooling: None
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • WaterHeaterLocation: Utility closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Elevator, Exercise Room, Fire Sprinklers, Gated, Lobby Entrance, Gated, Trail(s)
  • Park Manager Name: Morris Mgmt
  • Park Manager Phone: 425-732-6560
  • Senior Community: No
  • Association Fee: 483
  • Association Fee Frequency: Monthly
  • Phone: 425-732-6560
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Luiza Limona
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Exercise Room,Fire Sprinklers,Gated Entry,Lobby Entrance,Security Gate,Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1624000570
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4473

Multi Family

  • Number Of Units In Community: 88
  • EnergySource: Electric
  • UnitsInBuildingTotal: 88

MLS Schools

  • Elementary School: Redmond Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
Feb 27, 2023
Sold by
Ozawa Gregory E and Kim Lee
Bought by
Lam Otto P and Choi Janice Nga
Seller's Agent
Cindy Chase
John L. Scott, Inc.
Buyer's Agent
Dominic Lau
Realty ONE Group Orca Gold
List Price
$620,000
Sold Price
$605,000
Premium/Discount to List
-$15,000
-2.42%
Views
22
Current Estimated Value
$583,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,381
Avg. Annual Appreciation
-1.38%
Original Mortgage
$453,750
Outstanding Balance
$439,505
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$144,114

Purchase Details

Closed on
Aug 1, 2008
Sold by
Cleveland Street Development Inc
Bought by
Ozawa Gregory E and Ozawa Kim Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,757
Interest Rate
6.42%
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
Lam Otto P $605,000 Rainier Title
Ozawa Gregory E $338,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Otto P $453,750
Previous Owner Ozawa Gregory E $228,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2023 03/08/23 Sold $605,000 -1.6% $797 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $615,000 -0.8% $810 / Sq Ft
01/05/2023 01/05/23 For Sale $620,000 +2.5% $817 / Sq Ft
12/20/2022 12/20/22 Off Market $605,000 -- --
12/03/2022 12/03/22 For Sale $620,000 -- $817 / 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 $4,154 $527,000 $35,200 $491,800
2023 $4,092 $608,000 $35,200 $572,800
2022 $4,473 $555,000 $30,200 $524,800
2021 $4,513 $519,000 $30,200 $488,800
2020 $3,997 $484,000 $27,700 $456,300
2018 $3,154 $400,000 $20,600 $379,400
2017 $2,831 $315,000 $19,900 $295,100
2016 $2,510 $295,000 $16,600 $278,400
2015 $2,491 $259,000 $16,600 $242,400
2014 -- $248,000 $14,300 $233,700
2013 -- $188,000 $12,500 $175,500
Source: Public Records

Agents Affiliated with this Home

  • Cindy Chase

    Seller's Agent in 2023

    Cindy Chase

    John L Scott

    (425) 351-7752

    17 in this area

    69 Total Sales

    Cindy Chase
    Section Image
  • Dominic Lau

    Buyer's Agent in 2023

    Dominic Lau

    Realty Executives

    (206) 949-2832

    2 in this area

    43 Total Sales

    Dominic Lau
    Section Image
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About The Cleveland Condominiums

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2020097

Northwest Multiple Listing Service (NWMLS)

APN: 162400-0570

Washington King County Redmond 98052 Downtown Redmond

16141 Cleveland St Unit 501, Redmond, WA

This home is located at 16141 Cleveland St Unit 501, Redmond, WA 98052 since 03 December 2022 and is currently estimated at $583,619, approximately $768 per square foot. This property was built in 2006. 16141 Cleveland St Unit 501 is a home located in King County with nearby schools including Redmond Elementary School, Redmond Middle School, and Redmond High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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