Seller's Agent in 2014
CL Tang
eXp Realty
(206) 972-2702
136 Total Sales
Listed by eXp Realty
16518 NE 85th St Redmond, WA 98052
Downtown Redmond NeighborhoodEstimated Value: $1,697,492 - $2,064,000
--
Bed
--
Bath
3,976
Sq Ft
$473/Sq Ft
Est. Value
Highlights
- 0.3 Acre Lot
- Deck
- Corner Lot
- Redmond Elementary School Rated A
- Territorial View
- Wood Siding
About This Home
As of August 2014Prime location in Downtown Redmond! This 4 plex consists of 4 2bed/1ba units. Corner lot, 12,950sqft (EH zoning). 30 yr comp roof was replaced just 2 yrs ago. 2 units have been updated w/ newer carpet, vinyl, cabinets, slab granite & appliances. Large bedrms. 2 parking per unit, in unit w/d, fireplace & deck in each unit. Stable tenants and rent has been kept low, potential for increased rent in the future. Walking distance to Redmond transit center, RTC, library. Easy Access to 520, 202.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 669178
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,222
Year Built
- Built in 1978
Lot Details
- 0.3 Acre Lot
- Corner Lot
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3,976 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 8 Parking Spaces
- Open Parking
Outdoor Features
- Deck
Schools
- Redmond Elementary School
- Redmond Middle School
- Redmond High School
Community Details
- Downtown Redmond Subdivision
Listing and Financial Details
- Assessor Parcel Number 0125059177
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2014
Closed on
Aug 22, 2014
Sold by
Ip Family Charitable Trust
Bought by
Siddique Alan and Jebbari Fatima
Seller's Agent
CL Tang
eXp Realty
List Price
$760,000
Sold Price
$772,000
Premium/Discount to List
$12,000
1.58%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,108,746
Avg. Annual Appreciation
8.34%
Original Mortgage
$579,000
Outstanding Balance
$441,486
Interest Rate
4.11%
Estimated Equity
$1,439,260
Purchase Details
Closed on
Jun 26, 2014
Sold by
Ip Wallace W and Ip Hermia K
Bought by
Ip Family Charitable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,000
Outstanding Balance
$441,486
Interest Rate
4.11%
Estimated Equity
$1,439,260
Purchase Details
Closed on
Apr 11, 2000
Sold by
Owen James C and Koepke Blake B
Bought by
Ip Wallace W and Ip Hermia K
Purchase Details
Closed on
Sep 24, 1993
Sold by
Lising Melissa Ann J
Bought by
Owen James C and Koepke Blake K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Siddique Alan | $772,000 | First American | |
| Ip Family Charitable Trust | -- | None Available | |
| Ip Wallace W | $481,000 | First American | |
| Owen James C | -- | First American Title Ins Co | |
| Owen James C | $285,000 | -- | |
| Owen James C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Siddique Alan | $579,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2014 08/27/14 | Sold | $772,000 | +1.6% | $194 / Sq Ft |
| 07/24/2014 07/24/14 | Pending | -- | -- | -- |
| 07/17/2014 07/17/14 | For Sale | $760,000 | -- | $191 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $17,299 | $2,202,500 | $2,201,500 | $1,000 |
| 2023 | $14,759 | $2,137,700 | $2,136,700 | $1,000 |
| 2022 | $15,034 | $2,008,200 | $2,007,200 | $1,000 |
| 2021 | $14,462 | $1,749,200 | $1,748,200 | $1,000 |
| 2020 | $11,928 | $1,555,000 | $1,554,000 | $1,000 |
| 2018 | $10,356 | $1,218,300 | $1,217,300 | $1,000 |
| 2017 | $8,436 | $1,037,000 | $1,036,000 | $1,000 |
| 2016 | $8,514 | $881,600 | $880,600 | $1,000 |
| 2015 | -- | $881,600 | $880,600 | $1,000 |
| 2014 | -- | $765,000 | $764,000 | $1,000 |
| 2013 | -- | $661,400 | $660,400 | $1,000 |
Source: Public Records
Agents Affiliated with this Home
-
CL Tang
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 669178
APN: 012505-9177
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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Based on information submitted to the MLS GRID
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