NOT LISTED FOR SALE

17504 NE 40th Place Unit I-4 Redmond, WA 98052

Viewpoint Neighborhood

Estimated Value: $1,123,000 - $1,374,000

3 Beds
1 Bath
1,840 Sq Ft
6 Acres

Last Sold June 16, 2021

Last sale price $981,500 $533 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,414/month

3 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • 1 Fireplace
  • John J. Audubon Elementary School Rated A
  • Secluded Lot
  • Open Space

About This Home

As of June 2021

Welcome to Lake Villas, a gated resort like community on West Lake Sammamish where the beauty never ends. Enjoy the largest floor plan with 3 bedrooms, 2 baths, and one of the best views in the complex! This remodeled unit boasts a spacious living space, new quartz countertops, all new appliances, new cabinets, new carpet, updated bathrooms, a fireplace, and fresh paint. Also included is deeded moorage with a boat lift, additional large storage room, 2 parking spots (one covered), a spacious cabana, outdoor pool, sauna, gym, and meticulously manicured grounds; all viewable from your oversized deck. With so much space, imagine entertaining and waking up to lush lake views every morning, WELCOME HOME.

Last Listed By

Berkeley Lipetz

COMPASS License #22021446 Listed on: 05/12/2021

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1772829

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,607

Year Built

  • Built in 1975

Lot Details

  • Low Bank Waterfront Property
  • Open Space

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • 1 Fireplace
  • Wall to Wall Carpet
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 4099700520

Community Details

Overview

  • 6 Units
  • West Lake Sammamish Community

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,607

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Unit Floor Number: 2
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Wall To Wall Carpet, S
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • 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
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Bottom Floor
  • Storage Number: I-4
  • Estimated Sq Ft: 1840

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Lake

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Carport, Off Street, Uncovered
  • Parking Space Number: 53, I-4

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: Laundry room-Gas

Condo/Co-op/Association

  • Numberof Units in Building: 6
  • Numberof Units In Complex: 60
  • HOA Fees: 796
  • Community Name: West Lake Sammamish
  • Project: Lake Villas
  • Cats And Dogs: Cats Only
  • Manager Contact Information: Tyler Weaver (425) 786-4017
  • Common Property Features: Aa, Ab, Cable Tv, Club House, Dock, Exercise Room, Game/Rec Rm, High Speed Int Avail, Hot Tub, Moorage, Pool-Outdoor, Sauna, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Snow Removal, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, French Doors, Master Bath, Walk-In Closet

Schools

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

Lot Info

  • Lot Details: Open Space, Paved Street, Secluded, Sidewalk
  • Lot Sq Ft: 251900
  • Parcel Number: 4099700520

Tax Info

  • Tax Amount: 7370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Sullivan Joanna L
Bought by
Sullivan Kraig M
Total Days on Market
3
Current Estimated Value
$1,246,169

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 9, 2021
Sold by
Wang Jiahui and Wu Huihui
Bought by
Tift Joanna L
Seller's Agent
Berkeley Lipetz
COMPASS
Buyer's Agent
Joanna Tift
COMPASS
List Price
$819,000
Sold Price
$981,500
Premium/Discount to List
$162,500
19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$531,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2014
Sold by
Oehrlein Burke and Oehrlein Suzanne
Bought by
Wang Jiahui and Wu Huihui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 21, 2003
Sold by
Moore Louise
Bought by
Oehrlein Burke and Oehrlein Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.6%

Purchase Details

Closed on
Jan 23, 1984
Sold by
Wagner Martha
Bought by
Wagner Martha $T

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
Sullivan Kraig M -- --
Kraig M And Joanna L Sullivan Trust -- None Listed On Document
Tift Joanna L $981,500 Cw Title
Wang Jiahui $470,000 First American
Oehrlein Burke $297,500 Commonwealth L
Wagner Martha $T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Ty $750,000
Previous Owner Tift Joanna L $531,500
Previous Owner Wang Jiahui $376,000
Previous Owner Oehrlein Burke M $250,000
Previous Owner Oehrlein Burke $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $981,500 +19.8% $533 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $819,000 -- $445 / 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 $9,607 $1,222,000 $199,500 $1,022,500
2023 $9,987 $1,207,000 $199,500 $1,007,500
2022 $6,284 $935,000 $177,300 $757,700
2021 $6,807 $730,000 $177,300 $552,700
2020 $7,370 $731,000 $177,300 $553,700
2018 $6,137 $752,000 $155,100 $596,900
2017 $5,459 $614,000 $133,000 $481,000
2016 $4,661 $570,000 $115,200 $454,800
2015 $4,699 $482,000 $110,800 $371,200
2014 -- $469,000 $110,800 $358,200
2013 -- $393,000 $110,800 $282,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1772829

Northwest Multiple Listing Service (NWMLS)

APN: 409970-0520