NOT LISTED FOR SALE

17466 NE 40th Place Unit F3 Redmond, WA 98052

Viewpoint Neighborhood

Estimated Value: $914,000 - $1,035,000

2 Beds
2 Baths
1,572 Sq Ft
$818/mo HOA Fee

Last Sold October 06, 2023

Last sale price $925,000 $588 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,746/month

5 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Waterfront
  • John J. Audubon Elementary School Rated A
  • Lake View
  • Clubhouse

About This Home

As of October 2023

Rare deeded Boat slip comes with unit. Welcome to Lake Villas, a waterfront resort-like community on West Lake Sammamish, walking distance to the new light rail station. This special unit boasts tremendous views of the lake while maintaining privacy; includes deeded moorage and one covered parking space. (other spaces available to rent from HOA) Updated kitchen and bathrooms, large primary en-suite with walk-in closet, extra bedroom and bathroom, plus a laundry room, dining room, wet bar, and breakfast nook; truly everything you need to enjoy lake life at its finest. The gated community features a mature landscape design, outdoor pool, hot tub, sauna, clubhouse, gym, and private dock, all viewable from your large patio. Welcome home.

Last Listed By

Berkeley Lipetz

COMPASS License #22021446 Listed on: 08/17/2023

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2152058

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,230

Year Built

  • Built in 1975

Lot Details

  • Waterfront
  • Open Space
  • Street terminates at a dead end

HOA Fees

  • $818 Monthly HOA Fees

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,572 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Parking

  • 1 Parking Space
  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, road maintenance, sewer, water
  • 60 Units
  • Tyler Weaver Association
  • Secondary HOA Phone (425) 466-8133
  • Lake Villas Condos
  • Idylwood Subdivision
  • Park Phone (425) 466-8133 | Manager Tyler Weaver

Amenities

  • Community Garden
  • Sauna
  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Mooring Area
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,230

Year Built

Built in 1975

Lot Details

0

HOA Fees

$818 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1975
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Villas
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1572
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Detached
  • NumberOfAccessStairs: 4
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Primary Bath,Walk-in Closet
  • DetachedDwellingSqFtFinished: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2152058?w=Consumer&agent=120073
  • Special Features: None
  • Cumulative Days on Market: 151

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Fireplace, Wall to Wall Carpet, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • StorageNo: F-3
  • StorageLocation: Bottom floor
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street, Open Space, Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront Features: Bank-Medium
  • Waterfront: Yes
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • ViewFrom: Unit
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach,Deeded Access

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport, Off Street
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: F-3

Utilities

  • Security: SecurityGate
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterHeaterLocation: Laundry room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Club House, Exercise Room, Game/Rec Rm, Garden Space, Gated, High Speed Int Avail, Hot Tub, Moorage, Outside Entry, Pool, Sauna
  • Park Manager Name: Tyler Weaver
  • Park Manager Phone: 425-466-8133
  • Senior Community: No
  • Association Fee: 818
  • Association Fee Frequency: Monthly
  • Phone: 425-466-8133
  • Association: Yes
  • Pets Allowed: No Dogs or Cats
  • AssociationContactName: Tyler Weaver
  • CommonPropertyFeatures: Clubhouse,Exercise Room,Game/Rec Rm,Garden Space,Gated Entry,High Speed Int Avail,Hot Tub,Moorage,Outside Entry,Pool-Outdoor,Sauna,Security Gate

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Road Maintenance, Sewer, Water

Schools

  • Junior High Dist: Lake Washington

Lot Info

  • Parcel Number: 4099700330
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5230

Multi Family

  • Number Of Units In Community: 60
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 25, 2020
Sold by
Baermann Gary A
Bought by
Skinner Jacob Reed and Larson Kelsey
Seller's Agent
Kimberly Coulson
Every Door Real Estate
Buyer's Agent
TJ Navilio
eXp Realty
List Price
$707,000
Sold Price
$697,000
Premium/Discount to List
-$10,000
-1.41%
Total Days on Market
5
Current Estimated Value
$965,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,043
Avg. Annual Appreciation
7.00%
Original Mortgage
$627,300
Outstanding Balance
$564,218
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$388,691

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 3, 2020
Sold by
Baermann Gary and Baermann Robert Michael
Bought by
Baermann Gary
Seller's Agent
Kimberly Coulson
Every Door Real Estate
Buyer's Agent
TJ Navilio
eXp Realty
List Price
$707,000
Sold Price
$697,000
Premium/Discount to List
-$10,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,300
Outstanding Balance
$564,218
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$388,691

Purchase Details

Closed on
Mar 2, 2000
Sold by
Kerr Joanne
Bought by
Baermann Gary A and Baermann Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.5%

Purchase Details

Closed on
Dec 22, 1997
Sold by
Benson John H
Bought by
Kerr Joanne

Range of Values:

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Average Value
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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
Skinner Jacob Reed $697,000 Fidelity National Title
Baermann Gary -- Fidelity National Title
Baermann Gary A $210,000 Transnation Title Insurance
Kerr Joanne $174,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skinner Jacob Reed $627,300
Previous Owner Baermann Gary A $208,000
Previous Owner Baermann Gary A $270,000
Previous Owner Baermann Gary A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $925,000 -2.4% $588 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $948,000 +36.0% $603 / Sq Ft
09/25/2020 09/25/20 Sold $697,000 -1.4% $443 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $707,000 -- $449 / 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 $6,923 $880,000 $185,900 $694,100
2023 $5,230 $827,000 $185,900 $641,100
2022 $5,417 $710,000 $165,200 $544,800
2021 $5,609 $629,000 $165,200 $463,800
2020 $6,138 $602,000 $165,200 $436,800
2018 $5,159 $610,000 $144,500 $465,500
2017 $4,790 $516,000 $123,900 $392,100
2016 $4,304 $500,000 $107,400 $392,600
2015 $4,139 $445,000 $103,200 $341,800
2014 -- $413,000 $103,200 $309,800
2013 -- $341,000 $103,200 $237,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2152058

Northwest Multiple Listing Service (NWMLS)

APN: 409970-0330