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16808 Northeast 88th Street

16808 Northeast 88th Street, Redmond, WA 98052
Property in Education Hill
Sold Apr 09, 2020
$850,000
$680,000 by Morgan Stanley Private Bank Na
Mortgage Due May 01, 2050
Local assessors in Redmond, WA have categorized 16808 Northeast 88th Street as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 10,800 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16808 Northeast 88th Street has a total of 2,460 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 390 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 16808 Northeast 88th Street sold most recently in Mar 31, 2020 for a total of $850,000. If you work out the math, that's approximately a cost of $345.53 per sqft. 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 $487 in taxes each year. 16808 Northeast 88th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,022,000. If we break it down further, the land itself was valued at $599,000. Improvements to the property, however, were assessed at a total of $423,000. 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: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 390
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,800
  • Total Building Area: 2,460
  • Gross Building Area: 2,460
  • Building Area: 2,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,460
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REDMOND GARDENS
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REDMOND GARDENS UNREC W 80.28 FT OF TR 27 LESS N 330 FT BEING DAF - E 50.28 FT OF W 80.28 FT OF W 1/2 OF W 1/2 OF W 3/4 OF NE 1/4 OF SW 1/4 SEC 01-25-05 LESS N 330 FT LESS S 851.08 FT TGW POR VAC ST ADJ

Ownership

  • Current Owner : NIEHAUS GRETA
  • Previous Owner : BAKER LEONARD J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Washington School District
  • Census Tract: 032324

Zoning

  • Zoning: R5

Geography

  • Account Number: 720000130503
  • District: REDMOND
  • Subdivision Tract Number: 27
  • Parcel: 720000-1305
  • Lot: 27
  • Meridian: SEC 01 TWN 25 RNG 05
  • Municipality: REDMOND
  • Latitude: 47.681
  • Longitude: -122.116

    Address

  • Full Address: 16808 Ne 88th St
  • Address - House Number: 16808
  • Street Direction: NE
  • Address - Street Name: 88th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Redmond
  • Carrier Code: C083
  • 4-Digit Zip Code: 3746
  • Zip Code: 98052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $487
  • Tax Rate Code Area: 2025

    Appraisal Valuation

  • Standard Deviation: 0.1581
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,320,439
  • High Value: 1,529,320
  • Low Value: 1,111,559

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $680,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 09, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $1,022,000
  • Market Land Value: $599,000
  • Market Improvement Value: $423,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,022,000
  • Assessed Land Value: $599,000
  • Assessed Improvements Value: $423,000

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Mar 31, 2020
  • Current Sale Recording Date: Apr 09, 2020
  • Current Sale Transaction ID: 11754448032
  • Current Sale Price: $850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200409000908

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Apr 09, 2020
  • First Mortgage Loan Amount: $680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 16808 Northeast 88th Street located in?
The 16808 Northeast 88th Street is a located in the neighborhood of Education Hill in Education Hill, Redmond.
What is the average sales price for listings in 16808 Northeast 88th Street?
The average sales price for units in 16808 Northeast 88th Street is $0 currently.

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