NOT LISTED FOR SALE

8850 Redmond Woodinville Rd NE Unit 501 Redmond, WA 98052

Education Hill Neighborhood

Estimated Value: $973,000 - $1,047,000

2 Beds
2 Baths
1,646 Sq Ft
1.03 Acres

Last Sold July 15, 2019

Last sale price $775,000 $471 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,087/month

7 Days on Market

About This Home

As of July 2019

Stunning! Sun-filled top floor luxury condo in the heart of Redmond. Enjoy gorgeous sunsets w/ city and valley views. Wonderful 1650 SF 2 bd + den floor plan featuring a Chef’s kitchen with granite counters, eating bar and tons of storage. Open floor dining & living rooms with gas fireplace & large deck perfect for relaxing & entertaining. Master w/ views and beautiful 5pc bath! Secure building & garage w/ 2-car parking. Blocks from Bella Bottega, RTC and 520! EZ Commute to MS, Google and D/T.

Last Agent to Sell the Property

Naushad Ali

John L. Scott, Inc. License #18367 Listed on: 06/06/2019

John L. Scott, Inc.

Co-Listed By

James McPherson

John L. Scott, Inc. License #2113

Last Buyer's Agent

Craig Avis

John L. Scott, Inc. License #102064

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1470113

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,245

Year Built

2007

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 5
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Storage: Balcony
  • Estimated Sq Ft: 1646

Exterior Features

  • Exterior: Cement Planked, Stone, Wood
  • Roof: Torch Down
  • View: City, Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 17, 27

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units in Building: 20
  • Numberof Units In Complex: 20
  • HOA Fees: 618
  • Community Name: Downtown Redmond
  • Project: Towne Pointe
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: PSW Real Estate (206) 355-2626
  • Association Contact: Rob Garner (206) 355-2626
  • Common Property Features: Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Snow Removal, Common Area Maintenance, Security Services, Lawn Service
  • Unit Features: Balcony/Deck/Patio, French Doors, Master Bath, Penthouse, Top Floor

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 45069
  • Parcel Number: 8664600150

Tax Info

  • Tax Amount: 5708

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 8, 2019
Sold by
Krumm Ellen J and Krumm John C
Bought by
Krumm John C and Krumm Ellen J
Seller's Agent
Naushad Ali
John L. Scott, Inc.
Buyer's Agent
Craig Avis
John L. Scott, Inc.
List Price
$775,000
Sold Price
$775,000
Total Days on Market
7
Current Estimated Value
$992,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,797
Avg. Annual Appreciation
4.81%
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 3, 2019
Sold by
Basci Edward and Basci Hulya
Bought by
Krumm John C
Seller's Agent
Naushad Ali
John L. Scott, Inc.
Buyer's Agent
Craig Avis
John L. Scott, Inc.
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2010
Sold by
Frazer Towne Point Llc
Bought by
Basci Erdinc and Basci Hulya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,800
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Krumm John C -- First American Title
Krumm John C $775,000 First American Title
Basci Erdinc $481,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krumm John C $404,000
Closed Krumm John C $400,000
Previous Owner Basci Erdinc $384,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $775,000 0.0% $471 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $775,000 -- $471 / 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 $7,245 $921,000 $105,000 $816,000
2023 $5,575 $915,000 $105,000 $810,000
2022 $6,233 $757,000 $93,300 $663,700
2021 $6,185 $724,000 $93,300 $630,700
2020 $5,844 $664,000 $93,300 $570,700
2018 $5,708 $636,000 $77,000 $559,000
2017 $4,733 $571,000 $65,300 $505,700
2016 $4,352 $494,000 $56,000 $438,000
2015 $4,539 $450,000 $56,000 $394,000
2014 -- $453,000 $56,000 $397,000
2013 -- $372,000 $49,000 $323,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1470113

Northwest Multiple Listing Service (NWMLS)

APN: 866460-0150