NOT LISTED FOR SALE

7945 112th Ln SE Newcastle, WA 98056

Estimated Value: $1,786,000 - $2,134,000

6 Beds
4 Baths
3,530 Sq Ft
$568/Sq Ft Est. Value

About This Home

This home is located at 7945 112th Ln SE, Newcastle, WA 98056 and is currently estimated at $2,006,087, approximately $568 per square foot. 7945 112th Ln SE is a home with nearby schools including Hazelwood Elementary School, Risdon Middle School, and Hazen Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Quadrant Corporation
Bought by
Ramkumar Ravi Shankar and Patel Bindi Mayankkumar
Current Estimated Value
$2,006,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,449,424
Outstanding Balance
$1,335,825
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$670,262
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ramkumar Ravi Shankar $1,811,780 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramkumar Ravi Shankar $1,449,424
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 $15,451 $1,627,000 $726,000 $901,000
2023 $16,123 $1,371,000 $613,000 $758,000
2022 $9,613 $1,797,000 $744,000 $1,053,000
2021 $3,631 $905,000 $560,000 $345,000
2020 $9,613 $337,000 $337,000 $0
Source: Public Records

Map

Washington King County Newcastle 98056

7945 112th Ln SE, Newcastle, WA

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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