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16221 Northeast 109th Street

16221 Northeast 109th Street, Redmond, WA 98052
Property in Education Hill
Sold Sep 09, 2020
$850,000
$680,000 by Fairway Independent Mortgage C
Mortgage Due Oct 01, 2050
Sold Oct 04, 2011
$65,000
16221 Northeast 109th Street in Redmond, WA was first built in 1980 and is 44 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 4 partial bathrooms. 16221 Northeast 109th Street has 1,440 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 440 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 8,723 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16221 Northeast 109th Street sold most recently in Sep 8, 2020 for a total of $850,000. If you work out the math, that's approximately a cost of $452.13 per sqft. Before that, the property was also sold for $65,000 in Sep 19, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,592 in taxes each year. The initial year of tax delinquency occurred in 2020. 16221 Northeast 109th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $917,000. If we break it down further, the land itself was valued at $577,000. Improvements to the property, however, were assessed at a total of $340,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: C
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 440
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,723
  • Total Building Area: 1,880
  • Gross Building Area: 1,880
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,440
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REDMOND ESTATES DIV NO. 10
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REDMOND ESTATES #10

Ownership

  • Current Owner : LI HUI
  • Previous Owner : BENSON NICHOLAS P
  • Previous Owner 2: BENSON JUBILEE G
  • Owner Before Previous Owner: BENSON NICHOLAS P
  • Owner Before Previous Owner 2: BENSON JUBILEE G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Washington School District
  • Census Tract: 032323

Zoning

  • Zoning: R6

Geography

  • Account Number: 719936036008
  • District: REDMOND
  • Parcel: 719936-0360
  • Lot: 36
  • Meridian: SEC 35 TWN 26 RNG 05
  • Municipality: REDMOND
  • Latitude: 47.6979
  • Longitude: -122.123

    Address

  • Full Address: 16221 Ne 109th St
  • Address - House Number: 16221
  • Street Direction: NE
  • Address - Street Name: 109th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Redmond
  • Carrier Code: C035
  • 4-Digit Zip Code: 2689
  • Zip Code: 98052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,592
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 2025

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,117,019
  • High Value: 1,293,779
  • Low Value: 940,259

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $680,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Sep 09, 2020
  • First Open Lien Mortgage Loan Amount: $680,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $917,000
  • Market Land Value: $577,000
  • Market Improvement Value: $340,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $917,000
  • Assessed Land Value: $577,000
  • Assessed Improvements Value: $340,000

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Transaction ID: 11786803613
  • Current Sale Price: $850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200909002786
  • Previous Sale Recording Date: Oct 04, 2011
  • Previous Sale Contract Date: Sep 19, 2011
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Sep 09, 2020
  • First Mortgage Loan Amount: $680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Education Hill



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Frequently Asked Questions

What neighborhood is 16221 Northeast 109th Street located in?
The 16221 Northeast 109th Street is a located in the neighborhood of Education Hill in Education Hill, Redmond.
What is the average sales price for listings in 16221 Northeast 109th Street?
The average sales price for units in 16221 Northeast 109th Street is $0 currently.

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