NOT LISTED FOR SALE

8915 228th Way NE Redmond, WA 98053

Union Hill-Novelty Hill Neighborhood

Estimated Value: $1,560,000 - $1,604,000

4 Beds
3 Baths
2,480 Sq Ft
$640/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $599,000 $242 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $9,903/month

105 Days on Market

About This Home

As of October 2014

Gorgeous East facing Greenbelt Home. New Exterior Paint, New Roof w/warranty. Living, Dining, Gleaming Hardwood. Chef’s Kitchen with Granite Counters, High End Steel Appliances, 4 Gas Burner CookTop, Dbl Oven, Maple Cabinets. Enter Large Pantry Utility Rm from 2-car Garage. Spacious Family Rm with Gas Fireplace. Top Floor Features Enormous Master Suite w/Double Doors, Upgraded Bath w/ Granite Counters, Huge Closet. All 4 bedrooms with Walk-In Closets. Washer Dryer, Elec Air Filter, Top Schools!

Last Agent to Sell the Property

Jay Jambotkar

RSVP Brokers ERA License #84752 Listed on: 06/11/2014

RSVP Brokers ERA

Last Buyer's Agent

Jing Liu

eXp Realty License #114528

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM650241

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Oct 28, 2014
Sold by
Madapaty Lakshmikanth and Vaidyanathan Aparna
Bought by
Guo Xin
Seller's Agent
Jay Jambotkar
RSVP Brokers ERA
Buyer's Agent
Jing Liu
eXp Realty
List Price
$599,000
Sold Price
$599,000
Total Days on Market
105
Current Estimated Value
$1,587,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$988,755
Avg. Annual Appreciation
9.32%
Original Mortgage
$359,400
Outstanding Balance
$274,537
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,267,707

Purchase Details

Closed on
Nov 1, 2006
Sold by
Lemarchand Remi and Lemarchand Courtney
Bought by
Madapaty Lakshmikanth and Vaidyanathan Aparna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.28%

Purchase Details

Closed on
Jul 6, 2004
Sold by
The Quadrant Corp
Bought by
Lemarchand Remi and Lemarchand Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,892
Interest Rate
6.31%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Guo Xin $599,000 Chicago Title
Madapaty Lakshmikanth $547,000 Chicago Title
Lemarchand Remi $379,865 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo Xin $359,400
Previous Owner Madapaty Lakshmikanth $401,665
Previous Owner Madapaty Lakshmikanth $75,000
Previous Owner Madapaty Lakshmikanth $417,000
Previous Owner Lemarchand Remi $303,892
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $599,000 0.0% $242 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/02/2014 09/02/14 Price Changed $599,000 0.0% $242 / Sq Ft
09/02/2014 09/02/14 For Sale $599,000 0.0% $242 / Sq Ft
07/19/2014 07/19/14 Off Market $599,000 -- --
07/01/2014 07/01/14 Pending -- -- --
06/29/2014 06/29/14 Price Changed $579,000 0.0% $233 / Sq Ft
06/29/2014 06/29/14 For Sale $579,000 +1.6% $233 / Sq Ft
06/21/2014 06/21/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $569,900 -- $230 / 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 $12,292 $1,318,000 $455,000 $863,000
2023 $11,968 $1,135,000 $372,000 $763,000
2022 $9,737 $1,375,000 $458,000 $917,000
2021 $9,128 $950,000 $317,000 $633,000
2020 $8,893 $810,000 $282,000 $528,000
2018 $7,784 $806,000 $274,000 $532,000
2017 $6,673 $644,000 $250,000 $394,000
2016 $6,415 $565,000 $229,000 $336,000
2015 $6,260 $532,000 $216,000 $316,000
2014 -- $505,000 $208,000 $297,000
2013 -- $427,000 $182,000 $245,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jay Jambotkar

    Steven M Kloetsch

    (425) 246-1259

    2 in this area

    8 Total Sales

    Jay Jambotkar
    Section Image

  • J

    Buyer's Agent in 2014

    Jing Liu

    eXp Realty

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM650241

Northwest Multiple Listing Service (NWMLS)

APN: 720234-0820

Washington King County Redmond 98053 Union Hill-Novelty Hill

8915 228th Way NE, Redmond, WA

This home is located at 8915 228th Way NE, Redmond, WA 98053 since 11 June 2014 and is currently estimated at $1,587,755, approximately $640 per square foot. This property was built in 2004. 8915 228th Way NE is a home located in King County with nearby schools including Rosa Parks Elementary School, Timberline Middle School, and Redmond High School.

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.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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