Listed by Dynasty Realty, Inc., Bought with The Preview Group
NOT LISTED FOR SALE

16416 NE 40th St Redmond, WA 98052

Overlake Neighborhood

Estimated Value: $2,476,000 - $3,261,000

5 Beds
6 Baths
4,410 Sq Ft
$679/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $1,240,000 $281 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $17,501/month

195 Days on Market

About This Home

As of June 2014

Stunning Custom build for the most discriminating buyer! Walk to Microsoft, True Chefs kitchen exquisite craftsmanship w/extensive stonework travertine/hardwood flooring custom cabinets with pullout drawers granite slab counter tops throughout exceptional millwork high ceilings Mud room lower/upper utility rooms Generator backup with auto on/off 4 zone sound system+surround sound cat 5 wiring throughout room wired for theater/workout equip walk to park & lake buyer to verify all info.

Last Agent to Sell the Property

Farid Mohajerjasbi

Dynasty Realty, Inc. License #648 Listed on: 10/28/2013

Last Buyer's Agent

Stephen Hjertstedt

The Preview Group License #111576

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM560141

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$20,308

Year Built

2006

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 4410
  • Form 17: Provided
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 3
  • Features: 2nd Master BR, Wired for Generator, Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, High Tech Cabling, Jetted Tub, Loft, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 3
  • Floor: Hardwood
  • Water Heater Location: Garage-2 Gas

Exterior Features

  • Roof: Composition
  • Homebuilder: Archit Nash, Jones Assos.
  • Community Features: CCRs
  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Roof: Composition
  • Site Features: Cable TV, Natural Gas Available, High Speed Internet, Patio, RV Parking
  • Construction: SF
  • Lot Topography: Level, Terraces

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 3

Utilities

  • Cooling: Central A/C, Forced Air, High Efficiency (Unspecified)
  • Heating: Forced Air, High Efficiency (Unspecified), Hot Water Recirc Pump
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air, High Efficiency (Unspecified), Hot Water Recirc Pump
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Redmond
  • Water Company: Redmond
  • Water Source: Public

Schools

  • School District: LKW
  • Elementary School: Audubon Elem
  • Middle School: Redmond Jnr High
  • High School: Redmond High

Lot Info

  • Lot Dimensions: 90 x 131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2013
Closed on
Jun 12, 2014
Sold by
Golshan Hamed and Golshan Rita
Bought by
Srivastava Pankaj and Srivastava Dipti
Seller's Agent
Farid Mohajerjasbi
Dynasty Realty, Inc.
Buyer's Agent
Stephen Hjertstedt
The Preview Group
List Price
$1,349,000
Sold Price
$1,240,000
Premium/Discount to List
-$109,000
-8.08%
Current Estimated Value
$2,993,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,753,627
Avg. Annual Appreciation
8.61%
Original Mortgage
$992,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2005
Sold by
Bayani Nazari Shahin and Nazari Mehrdad
Bought by
Golshan Hamed and Golshan Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Srivastava Pankaj $1,240,000 Rainier Title
Golshan Hamed $265,000 Old Republic T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srivastava Pankaj $776,250
Closed Srivastava Pankaj $933,000
Closed Srivastava Pankaj $992,000
Previous Owner Golshan Hamed $954,650
Previous Owner Golshan Hamed $967,000
Previous Owner Golshan Hamed $965,000
Previous Owner Golshan Hamed $945,000
Previous Owner Golshan Hamed $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $1,240,000 0.0% $281 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
01/14/2014 01/14/14 Off Market $1,240,000 -- --
10/28/2013 10/28/13 For Sale $1,349,000 -- $306 / 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 $20,308 $2,586,000 $811,000 $1,775,000
2023 $18,919 $2,130,000 $680,000 $1,450,000
2022 $15,178 $2,575,000 $601,000 $1,974,000
2021 $14,387 $1,766,000 $415,000 $1,351,000
2020 $14,061 $1,547,000 $364,000 $1,183,000
2018 $12,859 $1,470,000 $356,000 $1,114,000
2017 $11,325 $1,288,000 $315,000 $973,000
2016 $11,074 $1,184,000 $254,000 $930,000
2015 $10,983 $1,147,000 $248,000 $899,000
2014 -- $1,098,000 $238,000 $860,000
2013 -- $906,000 $202,000 $704,000
Source: Public Records

Agents Affiliated with this Home

  • Farid Mohajerjasbi

    Seller's Agent in 2014

    Farid Mohajerjasbi

    Dynasty Realty, Inc.

    (425) 736-3259

    25 Total Sales

    Farid Mohajerjasbi
    Section Image

  • S

    Buyer's Agent in 2014

    Stephen Hjertstedt

    The Preview Group

    (206) 696-5924

    56 Total Sales

    Stephen Hjertstedt
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM560141

Northwest Multiple Listing Service (NWMLS)

APN: 555630-0098

Washington King County Redmond 98052 Overlake

16416 NE 40th St, Redmond, WA

This home is located at 16416 NE 40th St, Redmond, WA 98052 since 28 October 2013 and is currently estimated at $2,993,627, approximately $678 per square foot. This property was built in 2006. 16416 NE 40th St is a home located in King County with nearby schools including John J. Audubon Elementary School, Rose Hill Middle School, and Lake Washington 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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