NOT LISTED FOR SALE

8488 169th Place NE Unit Lot 5 Redmond, WA 98052

Education Hill Neighborhood

Estimated Value: $1,786,000 - $2,120,000

3 Beds
3 Baths
2,583 Sq Ft
$760/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $869,900 $337 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $11,773/month

5 Days on Market

Highlights

  • City View
  • Deck
  • Wooded Lot
  • Redmond Elementary School Rated A
  • Northwest Architecture
  • Wood Flooring

About This Home

As of September 2016

The LAST available free-standing home at The Rise, just a short walk from downtown Redmond. Choose your finishes & personalize to fit your lifestyle. 10ft ceilings on main, tons of natural light, wood floors, slab stone counters, shaker-style cabinetry. Gourmet kitchen w/grand center island, professional series SS appliances, gas range. Master ensuite w/ double vanities & soaking tub. Surrounded by designated green space excellent territorial views & walking trails. Move-in ready by Summer!

Last Agent to Sell the Property

James Garner

Lennar Sales Corp. Listed on: 01/02/2016

Last Buyer's Agent

Marty Naatz

Coldwell Banker Bain License #49743

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM880376

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,886

Year Built

  • Built in 2016

Lot Details

  • Sloped Lot
  • Wooded Lot
  • Garden

Parking

  • Attached Garage

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Stone

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Downtown Redmond Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 7326100050

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,886

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Nw Contemporary
  • New Construction: Completed
  • Homebuilder: Element Residential
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Loft, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2583
  • Square Footage Finished: 2583

Exterior Features

  • Construction Methods: Double Wall, Standard Frame
  • Exterior: Cement Planked, Stone, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, 90%+ High Efficiency
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Waste Management
  • Water Company: City of Redmond
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 82
  • Community Name: Downtown Redmond
  • Project: The Rise
  • Community Features: Ccrs

Schools

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

Lot Info

  • Lot Number: Lot 5
  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 4229
  • Lot Topography Vegetation: Garden Space, Partial Slope, Wooded
  • Parcel Number: 7326100050
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Partial Slope, Wooded

Tax Info

  • Tax Amount: 2509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Saxena Ashish and Challa Vennela
Bought by
Huang Jiaxing and Li Jiayuan
Current Estimated Value
$1,963,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,283
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 2, 2016
Closed on
Sep 7, 2016
Sold by
Ora The Rise 61 Llc
Bought by
Saxena Ashish and Challa Vennela
Seller's Agent
James Garner
Lennar Sales Corp.
Buyer's Agent
Marty Naatz
Coldwell Banker Bain
List Price
$869,900
Sold Price
$869,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$695,200
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Huang Jiaxing $1,185,000 Wfg National Title Company
Saxena Ashish $869,900 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Jiaxing $930,000
Closed Huang Jiaxing $118,283
Closed Huang Jiaxing $946,266
Previous Owner Saxena Ashish $695,200
Previous Owner Ora The Rise 61 Llc $12,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2016 09/12/16 Sold $869,900 0.0% $337 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $869,900 -- $337 / 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 $12,886 $1,640,000 $625,000 $1,015,000
2023 $12,636 $1,380,000 $531,000 $849,000
2022 $10,345 $1,719,000 $665,000 $1,054,000
2021 $9,529 $1,203,000 $466,000 $737,000
2020 $9,235 $1,024,000 $398,000 $626,000
2018 $9,348 $903,000 $335,000 $568,000
2017 $6,013 $936,000 $309,000 $627,000
2016 $2,605 $628,000 $278,000 $350,000
2015 $2,509 $269,000 $269,000 $0
2014 -- $250,000 $250,000 $0
2013 -- $196,000 $196,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM880376

Northwest Multiple Listing Service (NWMLS)

APN: 732610-0050