NOT LISTED FOR SALE

517 225th Ln NE Unit E204 Sammamish, WA 98074

Estimated Value: $527,000 - $642,000

2 Beds
2 Baths
1,047 Sq Ft
$485/mo HOA Fee

Last Sold July 13, 2023

Last sale price $550,000 $525 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,041/month

4 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Territorial View
  • Margaret Mead Elementary School Rated A
  • Property is near public transit
  • End Unit

About This Home

As of July 2023

Turnkey 2Bed/2Bath CORNER condo unit, rare opportunity on the Sammamish Plateau. Spacious & bright, cool 9-ft ceilings. Whole new carpet. SS appliances stay, most wanted Gas cook. Slab granite, breakfast bar & pantry. Dining area open to the X-large, covered deck. Family room w/gas fireplace. Primary Bedrm w/ensuite bath, double sinks & huge WIC. Jr. Suite/2nd Bed has hall of closets and attached full bath. Laundry rm w/full size W/D. Cost effective radiant floor heat. 2 assigned parking spots in the secured common garage. Clubhouse & Big Toy Play Area. Close to Parks/Trails/Lakes. Long term investment opportunity. NO RENTAL CAP! Easy commute in the coveted LWSD, close to Sammamish down grocery/dining/services. Pre-inspected. Move-in ready!

Last Listed By

Stephanie Han

Skyline Properties, Inc. License #119761 Listed on: 06/07/2023

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2077438

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,596

Year Built

  • Built in 1999

Lot Details

  • 9

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Uncovered Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1,047 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Blinds
  • Territorial Views

Kitchen

  • Gas Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Mead Elementary School
  • Inglewood Middle School
  • Eastlake High School

Utilities

  • Hot Water Circulator
  • Water Heater

Additional Features

  • End Unit
  • Property is near public transit

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 7574601150

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance
  • 158 Units
  • Nichole Street Association
  • Secondary HOA Phone (206) 641-9631
  • Saxony Condos
  • Sammamish Subdivision
  • Park Phone (206) 641-9631 | Manager Nichole Street

Amenities

  • Clubhouse

Recreation

  • Community Playground

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,596

Year Built

Built in 1999

Lot Details

0

HOA Fees

$485 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1999
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Saxony
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1047
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 12
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath,Walk-in Closet
  • Special Features: VirtualTour
  • Cumulative Days on Market: 668

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • WindowCoverings: blinds
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Metal/Vinyl, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage, Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 36,37

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water Recirc Pump
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: laundry room
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Club House, Playground
  • Park Manager Name: Nichole Street
  • Park Manager Phone: 206-641-9631
  • Senior Community: No
  • Association Fee: 485
  • Association Fee Frequency: Monthly
  • Phone: 206-641-9631
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Nichole Street
  • CommonPropertyFeatures: Club Houses,Playground

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance

Schools

  • Junior High Dist: Lake Washington
  • High School: Eastlake High
  • Middle Or Junior School: Inglewood Middle

Lot Info

  • Parcel Number: 7574601150
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: KCR

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3596

Multi Family

  • Number Of Units In Community: 158
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 18

MLS Schools

  • Elementary School: Mead Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2009
Sold by
Chen Rong Chao and Chen Rong C
Bought by
Chen Rong Chao and Liu Ping
Total Days on Market
4
Current Estimated Value
$575,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.92%

Purchase Details

Closed on
Mar 1, 2007
Sold by
Wcc Saxony Llc
Bought by
Chen Rong C and Liu Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,760
Interest Rate
5.87%

Range of Values:

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Average Value
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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
Chen Rong Chao -- The Talon Grou
Chen Rong Chao -- Northpoint Esc
Chen Rong C $300,950 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Rong Chao $200,000
Previous Owner Chen Rong C $240,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $550,000 +1.9% $525 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $540,000 -- $516 / 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 $4,399 $521,000 $82,100 $438,900
2023 $3,818 $553,000 $82,100 $470,900
2022 $3,888 $479,000 $73,300 $405,700
2021 $4,029 $416,000 $70,400 $345,600
2020 $4,117 $396,000 $70,400 $325,600
2018 $3,372 $380,000 $58,600 $321,400
2017 $2,507 $308,000 $51,300 $256,700
2016 $2,223 $232,000 $46,900 $185,100
2015 $1,942 $206,000 $44,000 $162,000
2014 -- $173,000 $44,000 $129,000
2013 -- $136,000 $44,000 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2077438

Northwest Multiple Listing Service (NWMLS)

APN: 757460-1150