NOT LISTED FOR SALE

Estimated Value: $2,003,000 - $2,253,000

2.31 Acres
$908,194 Price per Acre
100,624 Sq Ft Lot

Last Sold February 03, 2021

Last sale price $1,400,000

Est. 50% increase in value since last sale

Current estimated payment $12,389/month

Highlights

  • Territorial View
  • Open Space
  • Level Lot
  • Redmond Elementary School Rated A

About This Lot

As of February 2021

THE TOTAL SITE IS APPROXIMATELY 100,816 S.F. OR 2.31 ACRES PROJECT AREA: APPROXIMATELY 28,196 S.F. OR 0.65 ACRES* (REMAINING 72,622 S.F. IS WITHIN A TDR EASEMENT) CURRENT ZONING: R-18 FOR PROJECT AREA (28,196± S.F.) R-5 FOR REMAINDER R-18 * 10 FT FRONT SETBACK/ 5 FT SIDE SETBACKS * 45 FT MAXIMUM HEIGHT SURROUNDING ZONING SPECIAL SITE FEATURES: THERE IS A TDR EASEMENT OVER THE ENTIRE R-5 PORTION OF THE SITE. 18 TDR CERTIFICATES TRANSFER WITH SALE PROPOSED PROPERTY USE: CONDOMINIUM OR APARTMENT DEVELOPMENT [ ±14,700 GSF/ ±12,700 NSF ] ELEVEN UNITS =[2] 3 BDRMS UNITS, [6] 2 BDRM UNITS, [3]* 1 BDRM UNITS * (INCLUDING ONE AFFORDABLE UNIT).

Last Listed By

Sam Cunningham

COMPASS License #23132 Listed on: 02/03/2021

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1725231

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,748

Lot Details

  • Open Space
  • Level Lot

Additional Features

  • Territorial Views
  • Sewer in Street

Community Details

  • Education Hill Community

Listing and Financial Details

  • Assessor Parcel Number 0125059114

Property Details

Property Type

Land

Est. Annual Taxes

$7,748

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Heavily Forested, Lightly Treed
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: West
  • View: Territorial
  • Water Jurisdiction: Redmond

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • Community Name: Education Hill
  • Project: Maplewood

Schools

  • Elementary School: Redmond Elem
  • Middle School: Redmond Middle
  • High School: Redmond High
  • School District: LKW

Lot Info

  • General Zoning Classification: Multi-Family, Residential
  • Lot Details: Curbs, Open Space, Paved Street, Sidewalk
  • Lot Sq Ft: 100816
  • Parcel Number: 0125059114
  • Slopeof Property: Slopes East to West
  • Topography: Level, Rolling, Sloped
  • Zoning Jurisdiction: City
  • Zoning Remarks: R5

Tax Info

  • Tax Amount: 2812

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Build Sound Llc
Bought by
Tran Thien Thuy Nhi
Total Days on Market
0
Current Estimated Value
$2,097,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 3, 2021
Sold by
Ibbo Llc
Bought by
Adamo Homes Llc
Seller's Agent
Sam Cunningham
COMPASS
Buyer's Agent
Sam Cunningham
COMPASS
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$900,000
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 3, 2021
Closed on
Jan 26, 2021
Sold by
Amalani Llc
Bought by
Adamo Homes Llc
Seller's Agent
Sam Cunningham
COMPASS
Buyer's Agent
Sam Cunningham
COMPASS
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2017
Sold by
Ibbo Llc Amalani Llc
Bought by
Fairfield Bear Creek Lp

Purchase Details

Closed on
May 30, 2012
Sold by
Ibbo Llc
Bought by
Hillcrest 2 Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600,000
Interest Rate
3.84%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 15, 2010
Sold by
Umpqua Bank
Bought by
Amalani Llc and Ibbo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2008
Sold by
Shaughnessy Heights Llc
Bought by
Evergreen Bank

Purchase Details

Closed on
Nov 8, 2004
Sold by
Battrum Herbert A and Semenoff Angela
Bought by
Shaughnessy Heights Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,242,411
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1986
Sold by
Corbett James T and Corbett Wylene E
Bought by
Battrum Herbert

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
Tran Thien Thuy Nhi $699,950 First American Title
Adamo Homes Llc $89,100 First American Title
Amalani Llc $33,727 First American
Adamo Homes Llc $1,310,900 First American Title
Fairfield Bear Creek Lp $94,520 First American Title Insuran
Hillcrest 2 Lp $4,730,000 Chicago Title
Amalani Llc $1,600,000 Old Republic T
Evergreen Bank $3,715,948 None Available
Shaughnessy Heights Llc -- Chicago Title
Battrum Herbert -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Adamo Homes Llc $1,250,000
Closed Adamo Homes Llc $1,055,000
Closed Tran Thien Thuy Nhi $559,960
Previous Owner Adamo Homes Llc $900,000
Previous Owner Hillcrest 2 Lp $6,600,000
Previous Owner Amalani Llc $625,000
Previous Owner Shaughnessy Heights Llc $3,242,411
Closed Shaughnessy Heights Llc $303,222
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $1,400,000 0.0% --
02/03/2021 02/03/21 For Sale $1,400,000 -- --
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 $7,748 $985,000 $985,000 --
2023 $6,932 $837,000 $837,000 $0
2022 $6,319 $1,048,000 $1,048,000 $0
2021 $5,833 $734,000 $734,000 $0
2020 $2,812 $626,000 $626,000 $0
2018 $2,555 $276,000 $276,000 $0
2017 $2,209 $255,000 $255,000 $0
2016 $2,152 $230,000 $230,000 $0
2015 -- $222,000 $222,000 $0
2014 -- $207,000 $207,000 $0
2013 -- $455,000 $455,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1725231

Northwest Multiple Listing Service (NWMLS)

APN: 012505-9114