NOT LISTED FOR SALE

5514 162nd Ave NE Redmond, WA 98052

Overlake Neighborhood

Estimated Value: $1,392,000 - $1,541,000

3 Beds
2 Baths
1,220 Sq Ft
$1,215/Sq Ft Est. Value

About This Home

This home is located at 5514 162nd Ave NE, Redmond, WA 98052 and is currently estimated at $1,482,556, approximately $1,215 per square foot. 5514 162nd Ave NE is a home located in King County with nearby schools including Benjamin Rush Elementary School, Rose Hill Middle School, and Lake Washington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2016
Sold by
Ramil Sovita
Bought by
Poudyal Neeraj and Rimal Sovita
Current Estimated Value
$1,482,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2004
Sold by
Srinivasan Nagasundram and Natarajan Vijayalakshmi
Bought by
Rimal Sovita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
6.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 23, 2002
Sold by
Favro Paul A and Favro Kathryn Schinke
Bought by
Nagasundram Srinivasan and Natarajan Vijayalakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
7.08%

Purchase Details

Closed on
Aug 1, 1990
Sold by
Favro Paul A
Bought by
Favro Paul A and Kathryn Schink
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Poudyal Neeraj -- Old Republic T
Rimal Sovita $298,000 Pacific Nw Tit
Nagasundram Srinivasan $264,500 Washington Title
Favro Paul A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poudyal Neeraj $250,000
Open Poudyal Neeraj $776,200
Closed Poudyal Neeraj $165,000
Closed Poudyal Neeraj $405,000
Previous Owner Rimal Sovita $360,000
Previous Owner Rimal Sovita $48,000
Previous Owner Rimal Sovita $100,000
Previous Owner Rimal Sovita $64,500
Previous Owner Rimal Sovita $223,500
Previous Owner Nagasundram Srinivasan $251,200
Closed Rimal Sovita $44,700
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 $9,544 $1,214,000 $876,000 $338,000
2023 $8,277 $1,000,000 $735,000 $265,000
2022 $7,023 $1,190,000 $649,000 $541,000
2021 $6,659 $816,000 $448,000 $368,000
2020 $6,506 $715,000 $393,000 $322,000
2018 $5,957 $680,000 $385,000 $295,000
2017 $4,561 $596,000 $340,000 $256,000
2016 $4,468 $476,000 $264,000 $212,000
2015 $4,439 $462,000 $258,000 $204,000
2014 -- $443,000 $247,000 $196,000
2013 -- $366,000 $210,000 $156,000
Source: Public Records

Map

Washington King County Redmond 98052 Overlake

5514 162nd Ave NE, Redmond, WA

This home is located at 5514 162nd Ave NE, Redmond, WA 98052 and is currently estimated at $1,482,556, approximately $1,215 per square foot. 5514 162nd Ave NE is a home located in King County with nearby schools including Benjamin Rush Elementary School, Rose Hill Middle School, and Lake Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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