Seller's Agent in 2017
James Gardiner
Best Choice Realty Brokerage
(206) 359-5721
40 Total Sales
Listed by Best Choice Realty LLC, Bought with RSVP Real Estate
16605 NE 40th St Redmond, WA 98052
Overlake NeighborhoodEstimated Value: $1,170,000 - $1,544,000
3
Beds
2
Baths
2,190
Sq Ft
$621/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Attached Garage
- Ardmore Elementary School Rated A-
- 3 Fireplaces
- 5-minute walk to Cascade View Neighborhood Park
About This Home
As of March 2017Investor Alert: 1/4 mile from Microsoft minutes to Marymoor, Grass Lawn Parks, and Lake Sammamish. Zoned R12 (high density) currently being rented out as a Air BNB with gross monthly income of $3200 @ 60% occupancy averaged over 12 months, could easily increase income potential with better marketing and/or increasing the daily rate. R12 zoning gives you lots of usage options. Rehab for easy equity increase homes in this area go for 800k and up. Buyer to verify
Last Agent to Sell the Property
Best Choice Realty LLC License #123177 Listed on: 02/17/2017
Last Buyer's Agent
Bonnie Chan
RSVP Real Estate
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1078642
Home Details
Home Type
- Single Family
Year Built
- Built in 1953
Lot Details
- 0.32
Parking
- Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2 Bathrooms
- 3 Fireplaces
- Natural lighting in basement
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Laundry
- Dryer
- Washer
Community Details
- East Bellevue Community
Listing and Financial Details
- Assessor Parcel Number 2425059081
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2017
Closed on
Mar 20, 2017
Sold by
Mueller Eberstein Mark A
Bought by
Louie William and Louie Pui Ling
Seller's Agent
James Gardiner
Best Choice Realty LLC
Buyer's Agent
Bonnie Chan
RSVP Real Estate
List Price
$650,000
Sold Price
$800,000
Premium/Discount to List
$150,000
23.08%
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
$560,196
Avg. Annual Appreciation
6.28%
Original Mortgage
$584,000
Outstanding Balance
$484,284
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$875,912
Purchase Details
Closed on
Dec 18, 2007
Sold by
Handley Llc
Bought by
Mueller Eberstein Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 27, 2001
Sold by
Handley Charles T and Handley Brenda L
Bought by
Handley Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,250
Interest Rate
6.51%
Purchase Details
Closed on
Apr 30, 1998
Sold by
Larson Clayton L and Larson Marianne J
Bought by
Handley Charles and Handley Brenda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.06%
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 |
|---|---|---|---|
| Louie William | $800,000 | Chicago Title | |
| Mueller Eberstein Mark A | $473,000 | Rainier Title | |
| Handley Llc | -- | Pacific Nw Title | |
| Handley Charles | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Louie William | $584,000 | |
| Previous Owner | Mueller Eberstein Mark A | $50,000 | |
| Previous Owner | Mueller Eberstein Mark A | $352,050 | |
| Previous Owner | Handley Llc | $764,250 | |
| Previous Owner | Handley Charles | $126,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2017 03/24/17 | Sold | $800,000 | +23.1% | $365 / Sq Ft |
| 02/22/2017 02/22/17 | Pending | -- | -- | -- |
| 02/17/2017 02/17/17 | For Sale | $650,000 | -- | $297 / 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 | $7,315 | $1,017,000 | $843,000 | $174,000 |
| 2023 | $6,475 | $839,000 | $696,000 | $143,000 |
| 2022 | $6,090 | $1,052,000 | $683,000 | $369,000 |
| 2021 | $5,772 | $727,000 | $472,000 | $255,000 |
| 2020 | $5,607 | $637,000 | $414,000 | $223,000 |
| 2018 | $5,023 | $635,000 | $413,000 | $222,000 |
| 2017 | $4,234 | $532,000 | $348,000 | $184,000 |
| 2016 | $4,130 | $471,000 | $321,000 | $150,000 |
| 2015 | $3,817 | $443,000 | $299,000 | $144,000 |
| 2014 | -- | $404,000 | $273,000 | $131,000 |
| 2013 | -- | $363,000 | $245,000 | $118,000 |
Source: Public Records
Agents Affiliated with this Home
-
James Gardiner
-
B
Buyer's Agent in 2017
Bonnie Chan
RSVP Real Estate
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1078642
APN: 242505-9081
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Based on information submitted to the MLS GRID
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