NOT LISTED FOR SALE

17498 NE 40th Place Unit I-1 Redmond, WA 98052

Viewpoint Neighborhood

Estimated Value: $304,000 - $838,000

2 Beds
1 Bath
1,600 Sq Ft
6 Acres

Last Sold August 11, 2020

Last sale price $760,000 $475 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $3,032/month

4 Days on Market

Highlights

  • Lake View
  • 1 Fireplace
  • Wood Siding
  • John J. Audubon Elementary School Rated A
  • Ceramic Tile Flooring

About This Home

As of August 2020

The lake is at your fingertips from this Lake Villas sanctuary w/ deeded moorage. Walk out your door & hop in your boat, lounge by the pool & watch the sunset paddle in hand. This sleek remodeled unit shines w/ quality upgrades throughout incl. a brand new kitchen, baths, flooring, lighting & more. Begin & end your day w/ soothing lake views from the luxe master suite. Private gated community w/ pool, cabana & exercise facility. 2 dedicated parking spaces. Located just 1 mile from Microsoft.

Last Listed By

John Kritsonis

Windermere Real Estate/East License #11374 Listed on: 06/25/2020

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1620742

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $255

Year Built

  • Built in 1975

Lot Details

  • Street terminates at a dead end

Property Views

  • Lake
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 4099701050

Community Details

Overview

  • 6 Units
  • Lake Sammamish Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$255

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Senior Exemption: Y
  • Unit Floor Number: 1
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1600
  • Window Coverings: Included

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Lake, Territorial
  • Waterfront: Lake, No Bank

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Carport, Uncovered
  • Parking Space Number: 34 and I-1

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: Utility Room-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 6
  • Numberof Units In Complex: 60
  • HOA Fees: 617
  • Community Name: Lake Sammamish
  • Project: Lake Villas
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Best Management (425) 786-4017
  • Association Contact: Tyler Weaver
  • Common Property Features: Club House, Exercise Room, Game/Rec Rm, High Speed Int Avail, Hot Tub, Moorage, Pool-Outdoor, Security Gate
  • Home Owner Dues Included: Garbage, Water/Sewer, Snow Removal, Common Area Maintenance, Security Services, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Ground Floor, Insulated Windows, Master Bath, Walk-In Closet, Yard

Schools

  • Elementary School: Audubon Elem
  • Middle School: Rose Hill Middle
  • High School: Lake Wash High
  • School District: LKW

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 251900
  • Parcel Number: 4099701050

Tax Info

  • Tax Amount: 6130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jul 30, 2020
Sold by
Quick Dale and Quick Karen
Bought by
Lipetz Berkeley J and Lipetz Janus L
Seller's Agent
John Kritsonis
Windermere Real Estate/East
Buyer's Agent
Berkeley Lipetz
COMPASS
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%
Total Days on Market
4
Current Estimated Value
$567,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$192,780
Avg. Annual Appreciation
-5.99%
Original Mortgage
$722,000
Outstanding Balance
$648,720
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
-$81,500

Purchase Details

Closed on
Mar 5, 2014
Sold by
Nielsen Darren and Nielsen Jessica A
Bought by
Quick Dale and Quick Karen

Purchase Details

Closed on
Sep 10, 1987
Sold by
Pace Equity Plus I Ltd Ps
Bought by
Storms Thomas R and Storms Christine L

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
Lipetz Berkeley J $760,000 Fidelity National Title
Quick Dale -- Fidelity National Title
Storms Thomas R $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipetz Berkeley J $722,000
Previous Owner Nielsen Darren C $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $760,000 +1.3% $475 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $750,000 -- $469 / 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 $255 $30,000 $3,900 $26,100
2023 $239 $30,000 $3,900 $26,100
2022 $275 $30,000 $3,500 $26,500
2021 $119 $30,000 $3,500 $26,500
2020 $118 $11,000 $3,500 $7,500
2018 $122 $11,000 $3,000 $8,000
2017 $118 $11,000 $2,600 $8,400
2016 $119 $11,000 $2,200 $8,800
2015 $123 $11,000 $2,200 $8,800
2014 -- $11,000 $2,200 $8,800
2013 -- $11,000 $2,200 $8,800
Source: Public Records

Agents Affiliated with this Home

  • John Kritsonis

    Seller's Agent in 2020

    John Kritsonis

    Windermere Corporate

    (206) 498-0288

    2 in this area

    168 Total Sales

    John Kritsonis
    Section Image
  • Karl Lindor

    Seller Co-Listing Agent in 2020

    Karl Lindor

    Windermere Corporate

    (206) 890-8227

    6 in this area

    203 Total Sales

    Karl Lindor
    Section Image
  • Berkeley Lipetz

    Buyer's Agent in 2020

    Berkeley Lipetz

    Avenue Properties

    (425) 200-9420

    11 in this area

    72 Total Sales

    Berkeley Lipetz
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1620742

Northwest Multiple Listing Service (NWMLS)

APN: 409970-1050

Washington King County Redmond 98052 Viewpoint

17498 NE 40th Place Unit I-1, Redmond, WA

Homes for Sale in Redmond, WA

This home is located at 17498 NE 40th Place Unit I-1, Redmond, WA 98052 since 25 June 2020 and is currently estimated at $567,220, approximately $354 per square foot. This property was built in 1975. 17498 NE 40th Place Unit I-1 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) 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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