NOT LISTED FOR SALE

3107 W Ames Lake Dr NE Redmond, WA 98053

Estimated Value: $1,467,000 - $1,990,638

0.6 Acre
$3,006,100 Price per Acre
26,136 Sq Ft Lot

Last Sold April 30, 2019

Last sale price $177,000

Est. 919% increase in value since last sale

Current estimated payment $10,952/month

73 Days on Market

Highlights

  • Secluded Lot
  • Fall City Elementary School Rated A
  • Open Space

About This Lot

As of April 2019

0.6 acres, sunny, west facing building lot with partial Ames Lake view. Water, gas, power, DSL cable are available in the street. CAD from King County (2016) and soil study / feasibility (2015) are available. Just a great building lot and huge potential to create VALUE.

Last Agent to Sell the Property

Csaba Kiss

Sea Bell Brokers, Inc. License #7075 Listed on: 11/05/2018

Last Buyer's Agent

Lance Woodruff

Windermere Real Estate/East License #22175

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1383520

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,561

Year Built

  • 2021

Lot Details

  • Open Space
  • Secluded Lot

Utilities

  • Sewer Not Available

Community Details

  • Ames Lake Community

Listing and Financial Details

  • Assessor Parcel Number 0203101400

Property Details

Property Type

Land

Est. Annual Taxes

$16,561

Year Built

2021

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Dune Grasses, Evergreens, Heavily Forested
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Road Information: Paved

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: Not Available
  • Water: In Street

Condo/Co-op/Association

  • Community Name: Ames Lake
  • Project: Ames Lake Add

Schools

  • School District: SVS

Lot Info

  • Lot Number: 268
  • General Zoning Classification: Residential
  • Lot Details: Open Space, Paved Street, Secluded
  • Lot Dimensions: 84x332
  • Lot Sq Ft: 26311
  • Parcel Number: 0203101400
  • Zoning Jurisdiction: County
  • Zoning Remarks: RA5

Tax Info

  • Tax Amount: 3365

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Merugumaia Ram Bharat and Kotturu Keerthi
Bought by
Zhang Nan and Lou Yeqing
Total Days on Market
73
Current Estimated Value
$1,803,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,254,052
Outstanding Balance
$1,155,914
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$677,700

Purchase Details

Listed on
Nov 5, 2018
Closed on
Apr 25, 2019
Sold by
Smith Charles Michael
Bought by
Merugumala Ram Bharat and Kotturu Keerthi
Seller's Agent
Csaba Kiss
Sea Bell Brokers, Inc.
Buyer's Agent
Lance Woodruff
Windermere Real Estate/East
List Price
$199,950
Sold Price
$177,000
Premium/Discount to List
-$22,950
-11.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.80%
Original Mortgage
$726,525
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2016
Sold by
Smith Charles Michael
Bought by
Smith Charles Michael

Purchase Details

Closed on
Nov 1, 1982
Sold by
Smith Marjorie S
Bought by
Bender Erma L
Source: Public Records

Range of Values:

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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
Zhang Nan $1,585,500 Wfg National Title
Merugumala Ram Bharat $177,000 Cw Title
Smith Charles Michael $100,000 Rainier Title
Bender Erma L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Nan $1,254,052
Closed Zhang Nan $1,254,052
Previous Owner Merugumala Ram Bharat $726,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $177,000 -11.5% --
01/17/2019 01/17/19 Pending -- -- --
11/05/2018 11/05/18 For Sale $199,950 -- --
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 $16,561 $1,665,000 $424,000 $1,241,000
2023 $16,633 $1,570,000 $319,000 $1,251,000
2022 $15,599 $1,973,000 $392,000 $1,581,000
2021 $3,006 $1,363,000 $271,000 $1,092,000
2020 $2,937 $241,000 $241,000 $0
2018 $3,365 $234,000 $234,000 $0
2017 $3,007 $256,000 $256,000 $0
2016 $2,952 $235,000 $235,000 $0
2015 $2,608 $222,000 $222,000 $0
2014 -- $214,000 $214,000 $0
2013 -- $187,000 $187,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1383520

Northwest Multiple Listing Service (NWMLS)

APN: 020310-1400