NOT LISTED FOR SALE

Estimated Value: $1,405,000 - $1,796,732

6 Beds
4 Baths
3,030 Sq Ft
$548/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $1,515,000 $500 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,188/month

10 Days on Market

Highlights

  • No HOA
  • Albert Einstein Elementary School Rated A
  • Wood Siding

About This Home

As of July 2022

Opportunity abounds. Rarely available large DUPLEX. Each side has 3BR/1.5BA with extra loft area, spacious LR, gas FP, beautiful stonework, private FF backyards, and patio, perfect for entertaining guests. 1-car garage, W&D, bright primary BR with vaulted ceilings and tons of light. Newly remodeled kitchens and breakfast nooks! All new windows 2018, roof 2019, floors/carpets 2021, completely updated landscaping, and fence repairs! Located in top school district, near DT Redmond, Microsoft, 520 & 405, shops, restaurants, parks, bus lines, trails, mountains, and so much more! Rare investor opportunity! Live in the owner unit and rent the other. $100K invested in recent upgrades. Pre-inspected & move-in-ready! Don’t let this one slip away!

Last Agent to Sell the Property

Ann Marie Rigali

Redfin License #132899 Listed on: 04/15/2022

Redfin

Last Buyer's Agent

Cristina Zalavarria

Windermere RE North, Inc. License #116519

Windermere RE North, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1916440

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,560

Year Built

  • Built in 1978

Lot Details

  • 8,400

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,030 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Outbuilding
  • 8,400 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Education Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3375100100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,560

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3030
  • Special Features: VirtualTour
  • Cumulative Days on Market: 288

Interior Features

  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Redmond
  • WaterCompany: City of Redmond
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Washington
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3375100100
  • Lot Size Acres: 0.1928
  • Lot Size Sq Ft: 8400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings
  • MLSLotSizeSource: Realist- Buyer to Verify
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 27.22
  • LeasedItems: None
  • TotalMonthlyIncome: 4590

Multi Family

  • Gross Scheduled Income: 55080
  • Net Operating Income: 45720
  • Number Of Units Total: 2
  • Insurance Expense: 1800
  • Leasable Area: 3030
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7560

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 8, 2022
Sold by
Zarbl and Wen
Bought by
Devarapalli Venkatnath and Vedire Anusha
Seller's Agent
Ann Marie Rigali
Redfin
Buyer's Agent
Cristina Zalavarria
Windermere RE North, Inc.
List Price
$1,499,000
Sold Price
$1,515,000
Premium/Discount to List
$16,000
1.07%
Total Days on Market
10
Current Estimated Value
$1,661,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,683
Avg. Annual Appreciation
3.20%
Original Mortgage
$1,212,000
Outstanding Balance
$1,159,827
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$501,856

Purchase Details

Closed on
Apr 25, 2005
Sold by
Sigari John E and Sigari Socorro
Bought by
Zarbi Helmut and Luo Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,250
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Devarapalli Venkatnath $1,515,000 New Title Company Name
Zarbi Helmut $519,000 Ticor National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devarapalli Venkatnath $1,212,000
Previous Owner Luo Wen $510,400
Previous Owner Luo Wen $385,000
Previous Owner Zarbi Helmut $129,750
Previous Owner Zarbi Helmut $362,500
Previous Owner Zarbi Helmut $389,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $1,515,000 +1.1% $500 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $1,499,000 -- $495 / 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 $10,736 $1,366,000 $677,000 $689,000
2023 $10,023 $1,094,000 $575,000 $519,000
2022 $8,207 $1,363,000 $720,000 $643,000
2021 $7,560 $954,000 $504,000 $450,000
2020 $7,498 $812,000 $430,000 $382,000
2018 $6,665 $733,000 $321,000 $412,000
2017 $6,433 $667,000 $296,000 $371,000
2016 $6,252 $672,000 $267,000 $405,000
2015 $5,948 $647,000 $258,000 $389,000
2014 -- $594,000 $240,000 $354,000
2013 -- $550,000 $219,000 $331,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1916440

Northwest Multiple Listing Service (NWMLS)

APN: 337510-0100