NOT LISTED FOR SALE

16727 NE 88th St Redmond, WA 98052

Education Hill Neighborhood

Estimated Value: $1,256,000 - $1,577,000

5 Beds
3 Baths
2,900 Sq Ft
$504/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $1,240,000 $428 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,981/month

5 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • No HOA
  • Redmond Elementary School Rated A
  • 2 Fireplaces
  • 2 Car Attached Garage

About This Home

As of January 2024

Opportunity awaits in this Education Hill mid century home! The spacious 2900 sf layout offers a primary bedroom + full bath and 2 BRs + 3/4 bath on main level, large living room with wood burning fireplace, kitchen with eating space and access to 2 car garage. 2 more BRs + 3/4 bath downstairs in the daylight basement, another large living area with bar and 2nd kitchen! Potential to create a separate apartment or Airbnb for extra income. Comfortably situated on a giant 12,000+ sf lot. So many possibilities for an investor or homeowner with a vision to bring this fantastic home back to life! Ideally located just moments to downtown Redmond, award winning Lake Washington schools and future light rail station. Sold as is.

Last Listed By

Monica Ulmer

Windermere West Metro License #112497 Listed on: 12/06/2023

Windermere West Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2184320

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,654

Year Built

  • Built in 1965

Lot Details

  • 0.29 Acre Lot
  • North Facing Home
  • Partially Fenced Property
  • Level Lot
  • Zoning described as R5

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Finished Basement
  • Natural lighting in basement
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating System
  • Water Heater

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Education Hill Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,654

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1965
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2900
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2184320?w=Consumer&agent=95056
  • Special Features: None
  • Cumulative Days on Market: 507

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Bath Off Primary, Fireplace, Water Heater
  • Living Area: 2900
  • Main Level Bedrooms: 3
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2900
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Washer
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 221

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Redmond
  • WaterCompany: City of Redmond
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 0528000105
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.2922
  • Lot Size Sq Ft: 12730
  • Zoning Description: R5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Gas Available
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 19

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Redmond Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Dec 21, 2023
Sold by
Sound Mental Health
Bought by
Mereddy Suresh and Mereddy Sirisha
Seller's Agent
Monica Ulmer
Windermere West Metro
Buyer's Agent
Hao Dang
Windermere Real Estate/East
List Price
$950,000
Sold Price
$1,240,000
Premium/Discount to List
$290,000
30.53%
Total Days on Market
5
Views
220
Current Estimated Value
$1,460,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,702
Avg. Annual Appreciation
10.02%
Original Mortgage
$1,116,000
Outstanding Balance
$1,101,033
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$313,596

Purchase Details

Closed on
Jun 1, 2001
Sold by
Mentor Health Northwest
Bought by
Seattle Mental Health Institute Inc

Purchase Details

Closed on
Aug 11, 1992
Sold by
Zeran John J and Zeran Clare T
Bought by
Eastside Mental Health

Range of Values:

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Average Value
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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
Mereddy Suresh $1,240,000 Chicago Title
Seattle Mental Health Institute Inc -- First American Title Ins Co
Eastside Mental Health $190,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mereddy Suresh $1,116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $1,240,000 +30.5% $428 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $950,000 -- $328 / 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 $9,654 $1,228,000 $729,000 $499,000
2023 $17 $1,062,000 $619,000 $443,000
2022 $18 $1,323,000 $775,000 $548,000
2021 $17 $926,000 $543,000 $383,000
2020 $17 $0 $0 $0
2018 $13 $0 $0 $0
2017 $13 $686,000 $309,000 $377,000
2016 $13 $598,000 $278,000 $320,000
2015 $13 $576,000 $269,000 $307,000
2014 -- $529,000 $250,000 $279,000
2013 -- $418,000 $219,000 $199,000
Source: Public Records

Agents Affiliated with this Home

  • Monica Ulmer

    Seller's Agent in 2024

    Monica Ulmer

    Windermere Corporate

    (206) 619-6173

    1 in this area

    59 Total Sales

    Monica Ulmer
    Section Image
  • Julia Tsurusaki

    Seller Co-Listing Agent in 2024

    Julia Tsurusaki

    The Saki Group

    (206) 778-5859

    1 in this area

    78 Total Sales

    Julia Tsurusaki
    Section Image
  • Hao Dang

    Buyer's Agent in 2024

    Hao Dang

    Windermere Corporate

    (206) 601-1548

    20 in this area

    775 Total Sales

    Hao Dang
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2184320

Northwest Multiple Listing Service (NWMLS)

APN: 052800-0105

Washington King County Redmond 98052 Education Hill

16727 NE 88th St, Redmond, WA

Homes for Sale in Redmond, WA

This home is located at 16727 NE 88th St, Redmond, WA 98052 since 06 December 2023 and is currently estimated at $1,460,702, approximately $503 per square foot. This property was built in 1965. 16727 NE 88th St 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) 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. ©2025 NWMLS.

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