NOT LISTED FOR SALE

16261 Redmond Way Redmond, WA 98052

Downtown Redmond Neighborhood

Estimated Value: $5,289,410

-- Bed
1 Bath
7,329 Sq Ft
$722/Sq Ft Est. Value

About This Home

This home is located at 16261 Redmond Way, Redmond, WA 98052 and is currently estimated at $5,289,410, approximately $721 per square foot. 16261 Redmond Way is a home located in King County with nearby schools including Redmond Elementary School, Redmond Middle School, and Redmond High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2019
Sold by
Tye River Llc
Bought by
City Of Redmond
Current Estimated Value
$5,289,410

Purchase Details

Closed on
May 21, 2019
Sold by
City Of Redmond
Bought by
Tye River Llc

Purchase Details

Closed on
Jul 23, 2013
Sold by
Redmond Building A Llc
Bought by
Tye River Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,302,500
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2011
Sold by
The Buty Limited Partnership
Bought by
City Of Redmond

Purchase Details

Closed on
Aug 16, 2011
Sold by
Kitsap Bank
Bought by
Buty Limited Partnership

Purchase Details

Closed on
Mar 30, 2007
Sold by
Shriner Craig and Shriner Rosalie
Bought by
Redmond Building A Llc

Purchase Details

Closed on
Mar 24, 2003
Sold by
Belvin David S and Belvin Helen B
Bought by
Shriner Craig and Shriner Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,267,200
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1997
Sold by
Stone House Development Llc
Bought by
Belvin David S and Belvin Helen B

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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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
City Of Redmond -- First American Title
Tye River Llc -- First American Title
Tye River Llc $2,275,000 Chicago Title
City Of Redmond -- Pacific Nw Tit
Buty Limited Partnership -- None Available
Redmond Building A Llc -- Chicago Title
Shriner Craig $1,584,000 Chicago Title
Belvin David S $1,250,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tye River Llc $2,350,000
Previous Owner Tye River Llc $1,073,000
Previous Owner Tye River Llc $1,302,500
Previous Owner Redmond Building A Llc $1,800,000
Previous Owner Shriner Craig $1,267,200
Closed Shriner Craig $316,800
Source: Public Records

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 $22,449 $2,858,900 $2,470,300 $388,600
2023 $20,245 $2,944,500 $2,470,300 $474,200
2022 $22,728 $2,755,700 $2,280,300 $475,400
2021 $23,817 $2,645,500 $2,280,300 $365,200
2020 $21,634 $2,562,200 $2,032,300 $529,900
2018 $19,919 $2,090,200 $1,551,900 $538,300
2017 $18,180 $1,995,900 $1,478,000 $517,900
2016 $17,898 $1,901,400 $1,256,300 $645,100
2015 $17,199 $1,854,700 $1,256,300 $598,400
2014 -- $1,720,100 $1,090,000 $630,100
2013 -- $1,705,800 $942,200 $763,600
Source: Public Records

Map

Washington King County Redmond 98052 Downtown Redmond

16261 Redmond Way, Redmond, WA

Homes for Sale in Redmond, WA

This home is located at 16261 Redmond Way, Redmond, WA 98052 and is currently estimated at $5,289,410, approximately $721 per square foot. 16261 Redmond Way 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.

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