NOT LISTED FOR SALE

2509 248th Place NE Redmond, WA 98074

Estimated Value: $1,415,000 - $1,830,000

3 Beds
3 Baths
2,550 Sq Ft
$652/Sq Ft Est. Value

About This Home

This home is located at 2509 248th Place NE, Redmond, WA 98074 and is currently estimated at $1,661,892, approximately $651 per square foot. 2509 248th Place NE is a home located in King County with nearby schools including Fall City Elementary School, Chief Kanim Middle School, and Mount Si High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2002
Sold by
Bay Development Corp
Bought by
Mareddy Mangamma and Mareddy Sudhakar R
Current Estimated Value
$1,661,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Outstanding Balance
$117,650
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,544,242
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
Mareddy Mangamma $386,950 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mareddy Mangamma $300,700
Closed Mareddy Mangamma $47,500
Source: Public Records

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 $12,524 $1,345,000 $486,000 $859,000
2023 $13,458 $1,212,000 $427,000 $785,000
2022 $9,998 $1,582,000 $550,000 $1,032,000
2021 $9,149 $909,000 $349,000 $560,000
2020 $8,875 $753,000 $291,000 $462,000
2018 $8,635 $761,000 $291,000 $470,000
2017 $7,474 $686,000 $261,000 $425,000
2016 $7,327 $611,000 $230,000 $381,000
2015 $6,626 $587,000 $226,000 $361,000
2014 -- $581,000 $221,000 $360,000
2013 -- $483,000 $201,000 $282,000
Source: Public Records

Map

Washington King County Redmond 98074

2509 248th Place NE, Redmond, WA

This home is located at 2509 248th Place NE, Redmond, WA 98074 and is currently estimated at $1,661,892, approximately $651 per square foot. 2509 248th Place NE is a home located in King County with nearby schools including Fall City Elementary School, Chief Kanim Middle School, and Mount Si High School.

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