NOT LISTED FOR SALE

7573 Old Redmond Rd Unit 7 Redmond, WA 98052

Grass Lawn Neighborhood

Estimated Value: $508,000 - $568,000

2 Beds
2 Baths
1,001 Sq Ft
$497/mo HOA Fee

Last Sold September 27, 2023

Last sale price $470,000 $470 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,698/month

8 Days on Market

Highlights

  • Property is near public transit
  • Secluded Lot
  • Ground Level Unit
  • Benjamin Rush Elementary School Rated A
  • Territorial View
  • Balcony

About This Home

As of September 2023

Centrally located and well cared for condo near downtown Redmond and Microsoft. This condo offers 2 bedrooms, 1.75 bath, 1,001 sq ft. Ground floor unit with a covered carport. Galley style kitchen, large living area with cozy wood fireplace and window seat to enjoy the lush greenery and privacy. Eating bar/pass through off kitchen. Newer wall to wall carpet and paint throughout. New water heater and stacking washer and dryer. Large windows and lovely patio for gardening. Large Primary Bedroom with private bathroom & large closet. Relaxing setting. Just minutes and short distance to Redmond Town Center, Burke Gilman Trail, bus routes, carport parking. Strong HOA. Extensive exterior work recently completed. No rental cap!

Last Listed By

Maria Quinteiro

John L. Scott, Inc. License #71186 Listed on: 08/24/2023

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2154494

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 1979

Lot Details

  • West Facing Home

HOA Fees

  • $497 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,001 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Utilities

  • Baseboard Heating
  • Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, garbage, sewer, water
  • 78 Units
  • The Management Trust Association
  • Secondary HOA Phone (425) 897-3400
  • Gull Val Condos
  • Microsoft Subdivision
  • Park Phone (425) 897-3400 | Manager The Management Trust

Recreation

  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,116

Year Built

Built in 1979

Lot Details

0

HOA Fees

$497 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1979
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gull Val
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1001
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 4
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Primary Bath
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2154494?w=Consumer&agent=35661
  • Special Features: None
  • Cumulative Days on Market: 592

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • 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: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • StorageLocation: Patio of Unit
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Carport
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 7

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Bathroom
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, See Remarks, Trail(s)
  • Park Manager Name: The Management Trust
  • Park Manager Phone: 425-897-3400
  • Senior Community: No
  • Association Fee: 497
  • Association Fee Frequency: Monthly
  • Phone: 425-897-3400
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: The Management Trust
  • CommonPropertyFeatures: Cable TV,See Remarks,Trails

Fee Information

  • Association Fee Includes: Cable TV, Garbage, Sewer, Water

Schools

  • Junior High Dist: Lake Washington

Lot Info

  • Parcel Number: 2953900400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: County Records

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3116

Multi Family

  • Number Of Units In Community: 78
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 19, 2023
Sold by
Wang Xiaoda
Bought by
Ring Gunjan and Ring Andrew
Seller's Agent
Maria Quinteiro
John L. Scott, Inc.
Buyer's Agent
William Orzechowski
Skyline Properties, Inc.
List Price
$450,000
Sold Price
$470,000
Premium/Discount to List
$20,000
4.44%
Total Days on Market
8
Views
54
Current Estimated Value
$527,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,203
Avg. Annual Appreciation
7.44%
Original Mortgage
$423,000
Outstanding Balance
$416,551
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$110,652

Purchase Details

Listed on
May 7, 2013
Closed on
May 17, 2013
Sold by
Samal Savyasachi and Pani Sukanya
Bought by
Wang Xiaoda
Seller's Agent
Michael Schafer
RE/MAX Northwest
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%

Purchase Details

Closed on
Sep 1, 2006
Sold by
Higgins Casey Delia
Bought by
Samal Savyasachi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,800
Interest Rate
6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 10, 2004
Sold by
Olson Dane K
Bought by
Higgins Casey Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1999
Sold by
Watkins Joann P
Bought by
Olsen Dane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.87%

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
Ring Gunjan $470,000 Ticor Title
Wang Xiaoda $190,000 First American
Samal Savyasachi $231,000 First American
Samal Savyasachi -- First American
Higgins Casey Delia $149,000 Old Republic T
Olsen Dane K -- Washington Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ring Gunjan $423,000
Previous Owner Samal Savyasachi $181,000
Previous Owner Samal Savyasachi $184,800
Previous Owner Samal Savyasachi $34,650
Previous Owner Higgins Casey Delia $119,200
Previous Owner Olsen Dane K $104,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $470,000 +4.4% $470 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $450,000 +136.8% $450 / Sq Ft
05/22/2013 05/22/13 Sold $190,000 0.0% $190 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $190,000 -- $190 / 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 $3,338 $423,000 $95,000 $328,000
2023 $3,116 $459,000 $95,000 $364,000
2022 $3,134 $422,000 $84,400 $337,600
2021 $3,055 $363,000 $84,400 $278,600
2020 $2,894 $327,000 $84,400 $242,600
2018 $2,227 $289,000 $73,800 $215,200
2017 $2,162 $222,000 $61,200 $160,800
2016 $2,173 $225,000 $50,600 $174,400
2015 $2,001 $224,000 $42,200 $181,800
2014 -- $199,000 $42,200 $156,800
2013 -- $140,000 $42,200 $97,800
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2154494

Northwest Multiple Listing Service (NWMLS)

APN: 295390-0400