Listed by Redfin, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

22675 NE Alder Crest Dr Unit 202 Redmond, WA 98053

Union Hill-Novelty Hill Neighborhood

Estimated Value: $752,000 - $948,000

3 Beds
2.5 Baths
1,655 Sq Ft
$450/mo HOA Fee

Last Sold October 24, 2022

Last sale price $805,000 $486 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,710/month

Highlights

  • Unit is on the top floor
  • Vaulted Ceiling
  • 1 Fireplace
  • Rosa Parks Elementary School Rated A
  • Traditional Architecture
  • 3-minute walk to Cascara Circle Park

About This Home

As of October 2022

Move in ready penthouse corner unit on Redmond Ridge in the Compass Point Condo community! Two story 3 bedroom condo with soaring ceilings and windows to let in an abundance of light. Spacious main floor great room with cozy fireplace, updated kitchen with granite counters, stainless steel appliances, and bar for extra seating. Main floor primary suite features a walk-in closet and en-suite bathroom. Enjoy morning coffee on the covered patio and extra storage options in the large attached garage. Convenient to SpaceX, Microsoft, downtown Redmond, and freeway. Easily accessible local trails for year round outdoor activities. Highly rated local schools. No rental cap. Great investment opportunity!

Last Agent to Sell the Property

Christy Beach

Redfin License #127813 Listed on: 08/25/2022

Redfin

Last Buyer's Agent

Caroline Xu

Kelly Right RE of Seattle LLC License #20117291

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1986764

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 2002

Lot Details

  • 5.59

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,655 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • End Unit
  • Unit is on the top floor
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1725990520

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, sewer, water
  • Chelsea Webster Association
  • Secondary HOA Phone (425) 559-7648
  • Compass Point Condos
  • Redmond Subdivision

Recreation

  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,766

Year Built

Built in 2002

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 2002
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Compass Point
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1655
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath,Top Floor,Vaulted Ceilings
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood, Balcony/Deck/Patio, Water Heater
  • Main Level Bedrooms: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: Forced Air
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Trail(s)
  • Senior Community: No
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Phone: 425-559-7648
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Chelsea Webster
  • CoOp: false
  • CommonPropertyFeatures: Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1725990520
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist - Buyer to Verify

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5766

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 21, 2022
Sold by
Redfinnow Borrower Llc
Bought by
Wang Qi and Chen Liqun
Seller's Agent
Christy Beach
Redfin
Buyer's Agent
Caroline Xu
Kelly Right RE of Seattle LLC
List Price
$849,900
Sold Price
$805,000
Premium/Discount to List
-$44,900
-5.28%
Current Estimated Value
$877,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,320
Avg. Annual Appreciation
2.89%
Original Mortgage
$644,000
Outstanding Balance
$616,745
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$260,575

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 19, 2022
Sold by
Varshini Pydiganta Vandana and Varshini Sai Venkata
Bought by
Redfinnow Borrower Llc
Seller's Agent
Andrea Blackhurst
Real Broker LLC
Buyer's Agent
Tracy Wade
Redfin
List Price
$979,000
Sold Price
$790,000
Premium/Discount to List
-$189,000
-19.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Oct 10, 2016
Sold by
Macpherson Jennifer D and Upadhyayula Kumar
Bought by
Raghunathan Vandana Varshini and Pydiganta Venkata Saikalyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,100
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2008
Sold by
Logan Doreen A and Adamson Doreen L
Bought by
Macpherson Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,400
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2003
Sold by
Carino Homes Inc
Bought by
Adamson Doreen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
4.22%
Source: Public Records

Range of Values:

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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
Wang Qi $805,000 None Listed On Document
Redfinnow Borrower Llc $790,000 New Title Company Name
Raghunathan Vandana Varshini $498,000 Fidelity Natio
Macpherson Jennifer D $386,000 Commonwealth L
Adamson Doreen L $257,950 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Qi $644,000
Previous Owner Raghunathan Vandana Varshini $473,100
Previous Owner Macpherson Jennifer D $347,400
Previous Owner Adamson Doreen L $218,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2022 10/24/22 Sold $805,000 -3.6% $486 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $835,000 -1.8% $505 / Sq Ft
08/25/2022 08/25/22 For Sale $849,900 +7.6% $514 / Sq Ft
07/20/2022 07/20/22 Sold $790,000 -10.1% $477 / Sq Ft View Prior Sale
07/01/2022 07/01/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $879,000 -5.5% $531 / Sq Ft
06/11/2022 06/11/22 Price Changed $929,750 -5.0% $562 / Sq Ft
06/03/2022 06/03/22 For Sale $979,000 -- $592 / 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 $7,905 $845,000 $60,900 $784,100
2023 $6,399 $900,000 $60,900 $839,100
2022 $5,766 $744,000 $54,100 $689,900
2021 $6,098 $571,000 $54,100 $516,900
2020 $6,456 $551,000 $47,400 $503,600
2018 $5,552 $577,000 $44,000 $533,000
2017 $4,644 $468,000 $44,000 $424,000
2016 $4,242 $393,000 $47,400 $345,600
2015 $4,729 $357,000 $47,400 $309,600
2014 -- $382,000 $47,400 $334,600
2013 -- $293,000 $47,400 $245,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1986764

Northwest Multiple Listing Service (NWMLS)

APN: 172599-0520