Listed by VMA Properties, LLC, Bought with PRO RLTYSRVCS Eastside
NOT LISTED FOR SALE

Estimated Value: $1,407,000 - $1,944,000

3.34 Acres
$521,164 Price per Acre
145,490 Sq Ft Lot

Last Sold April 30, 2013

Last sale price $500,000 $336 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $10,453/month

541 Days on Market

About This Lot

As of April 2013

Price Reduced!! 8-Lot Preliminary plat approval on 3.34 acres known as Avondale Villas in an excellent Redmond location. Average lot sizes are approximately 5,200 sq. ft. This site offers prospective buyers with excellent visibility from Avondale Road and great access to WA-520.

Last Agent to Sell the Property

Mark Bertoldi

VMA Properties, LLC License #24770 Listed on: 10/26/2011

Co-Listed By

Chris Foster

Primestreet Real Estate LLC License #24758

Last Buyer's Agent

Ravichandra Gadde

PRO RLTYSRVCS Eastside License #105677

PRO RLTYSRVCS Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 289520

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,844

Lot Details

  • 3.34 Acre Lot

Schools

  • Einstein Elementary School
  • Evergreen Middle School
  • Redmond High School

Community Details

  • Avondale Villas Condos
  • Redmond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3126069079

Property Details

Property Type

Land

Est. Annual Taxes

$11,844

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Avondale Villas
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 2,018

Interior Features

  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Road Surface Type: Gravel
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Gravel

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lake Washington
  • High School: Redmond High
  • Middle Or Junior School: Evergreen Middle

Lot Info

  • Parcel Number: 3126069079
  • Lot Size Acres: 3.34
  • Lot Size Sq Ft: 145490
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningJurisdiction: See Remarks

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Einstein Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2011
Closed on
Apr 29, 2013
Sold by
Eurimbla Developments Llc
Bought by
Prasad Vishwa
Seller's Agent
Mark Bertoldi
VMA Properties, LLC
Buyer's Agent
Ravichandra Gadde
PRO RLTYSRVCS Eastside
List Price
$699,000
Sold Price
$500,000
Premium/Discount to List
-$199,000
-28.47%
Current Estimated Value
$1,740,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,240,687
Avg. Annual Appreciation
11.10%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Eurimbla Llc
Bought by
Virtus Global Llc

Purchase Details

Closed on
Apr 20, 2006
Sold by
Venugopal Srinivasan and Srinivasan Sujatha
Bought by
Eurimbla Developments Llc

Purchase Details

Closed on
Jul 14, 2005
Sold by
Kan Ling Chuan and Zee Kevin D
Bought by
Venugopal Srinivasan and Srinivasan Sujatha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,950
Interest Rate
5.64%

Purchase Details

Closed on
Mar 20, 2002
Sold by
Kan Ling Chuan
Bought by
Kan Kevin D and Zee Ling Chuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.78%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Zee Kevin Due Yuen
Bought by
Kan Ling Chuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.98%

Purchase Details

Closed on
Feb 25, 1994
Sold by
Patterson Stan
Bought by
Mcdonald Tom and Mcdonald Vibeke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,700
Interest Rate
6.98%
Source: Public Records

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
Prasad Vishwa $500,000 Chicago Title
Virtus Global Llc $90,000 Accommodation
Eurimbla Developments Llc -- Old Republic T
Venugopal Srinivasan $500,000 Stewart Title
Kan Kevin D -- Commonwealth Land Title
Kan Ling Chuan $50,000 --
Kan Ling Chuan -- --
Kan Ling Chuan $350,000 --
Mcdonald Tom $185,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venugopal Srinivasan $74,950
Previous Owner Venugopal Srinivasan $375,000
Previous Owner Kan Ling Chuan $225,000
Previous Owner Kan Ling Chuan $240,000
Previous Owner Mcdonald Tom $175,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $500,000 -28.5% $336 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
10/26/2011 10/26/11 For Sale $699,000 -- $469 / 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 $11,844 $1,507,000 $1,507,000 --
2023 $11,786 $1,280,000 $1,280,000 $0
2022 $9,651 $1,603,000 $1,603,000 $0
2021 $8,908 $1,122,000 $1,122,000 $0
2020 $9,375 $957,000 $957,000 $0
2018 $8,491 $923,000 $923,000 $0
2017 $7,332 $850,000 $850,000 $0
2016 $7,140 $766,000 $765,000 $1,000
2015 $6,878 $739,000 $738,000 $1,000
2014 -- $687,000 $686,000 $1,000
2013 -- $464,000 $463,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 289520

Northwest Multiple Listing Service (NWMLS)

APN: 312606-9079