Seller's Agent in 2022
Tana Whitehead
Coldwell Banker Bain
(425) 466-1303
1 in this area
20 Total Sales
Listed by Coldwell Banker Bain, Bought with Terry Wise & Associates
18844 NE Novelty Hill Rd Redmond, WA 98052
Union Hill-Novelty Hill NeighborhoodEstimated Value: $1,148,000 - $1,880,000
3
Beds
3
Baths
2,430
Sq Ft
$659/Sq Ft
Est. Value
Highlights
- Barn
- Stables
- 3.16 Acre Lot
- Albert Einstein Elementary School Rated A
- RV Access or Parking
- Fruit Trees
About This Home
As of November 2022In Redmond equestrian property. Complete with barn and corrals. Minutes to Microsoft, Google, Costco, Trader Joes, many restaurants. Rambler with daylight basement. Main floor consists of family room, kitchen, dining, breakfast room, owner suite with attached 3/4 bath, 2 bedrooms and a full bath. 2nd family room, office and 3/4 bath in daylight basement. New roof & exterior paint. Home just needs a little TLC. Property is fully fenced. Private drive with electric gate at entry.
Last Agent to Sell the Property
Coldwell Banker Bain License #113586 Listed on: 05/24/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1932306
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,235
Year Built
- Built in 1966
Lot Details
- 3.16 Acre Lot
- Gated Home
- Property is Fully Fenced
- Fruit Trees
- Garden
- Zoning described as 2.5
Parking
- 2 Car Attached Garage
- RV Access or Parking
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,430 Sq Ft Home
- 1-Story Property
- 2 Fireplaces
- Wood Burning Fireplace
- Finished Basement
- Natural lighting in basement
Kitchen
- Double Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Gazebo
- Outbuilding
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Einstein Elementary School
- Redmond Middle School
- Redmond High School
Farming
- Barn
- Pasture
Horse Facilities and Amenities
- Horses Allowed On Property
- Stables
Utilities
- Propane
- Water Heater
- Septic Tank
- Septic System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 3126069087
Community Details
Overview
- No Home Owners Association
- Novelty Hill Subdivision
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2022
Closed on
Oct 27, 2022
Sold by
Palmer James W and Palmer Susan D
Bought by
Nemani Srinivasa Sankar and Mutnuri Sunitha
Seller's Agent
Tana Whitehead
Coldwell Banker Bain
Buyer's Agent
Jeffrey McCann
Terry Wise & Associates
List Price
$1,995,500
Sold Price
$1,300,000
Premium/Discount to List
-$695,500
-34.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,981
Avg. Annual Appreciation
7.44%
Original Mortgage
$910,000
Outstanding Balance
$880,467
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$721,514
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nemani Srinivasa Sankar | $1,300,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nemani Srinivasa Sankar | $910,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $1,300,000 | -23.5% | $535 / Sq Ft |
| 09/18/2022 09/18/22 | Pending | -- | -- | -- |
| 08/31/2022 08/31/22 | Price Changed | $1,699,990 | -14.8% | $700 / Sq Ft |
| 05/24/2022 05/24/22 | For Sale | $1,995,500 | -- | $821 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $11,588 | $1,240,000 | $595,000 | $645,000 |
| 2023 | $10,335 | $1,034,000 | $507,000 | $527,000 |
| 2022 | $9,013 | $1,255,000 | $627,000 | $628,000 |
| 2021 | $8,453 | $877,000 | $445,000 | $432,000 |
| 2020 | $8,571 | $748,000 | $333,000 | $415,000 |
| 2018 | $7,878 | $698,000 | $312,000 | $386,000 |
| 2017 | $6,911 | $652,000 | $297,000 | $355,000 |
| 2016 | $6,732 | $586,000 | $269,000 | $317,000 |
| 2015 | $6,573 | $559,000 | $258,000 | $301,000 |
| 2014 | -- | $531,000 | $252,000 | $279,000 |
| 2013 | -- | $458,000 | $218,000 | $240,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tana Whitehead
-
Coco Carino Groth
Seller Co-Listing Agent in 2022
Coco Carino Groth
Coldwell Banker Bain
(206) 459-8875
1 in this area
53 Total Sales
-
Jeffrey McCann
Buyer's Agent in 2022
Jeffrey McCann
Terry Wise & Associates
(206) 499-3443
1 in this area
61 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1932306
APN: 312606-9087
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Based on information submitted to the MLS GRID
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