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22850 Northeast 8th Street

22850 Northeast 8th Street, Sammamish, WA 98074
Property in King
Refi Dec 05, 2016
Transfer
$26,750,000 by Allianz Life Insurance Company
Mortgage
Local assessors in Sammamish, WA have categorized 22850 Northeast 8th Street as a residential type of property. The home was built in 2000 and is 24 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 184,259 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis.

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 covered garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. 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 - B. Residents rely on a wall air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $480,746 in taxes per year. The property on 22850 Northeast 8th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $54,336,000. To break that down further, the land itself was valued at $6,449,000. While improvements to the property were assessed at a total of $47,887,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2010
  • Building Count: 5
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 4
  • Living Units: 99
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Type: Covered
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 184,259
  • Total Building Area: 82,863
  • Gross Building Area: 224,845
  • Building Area: 130,062
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 4.23
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: POR OF W 1/2 OF SW 1/4 OF SW 1/4 LY ELY OF LN-BEG AT PT 158.50 FT E OF NW COR TH S 18-41-00 E 633.12 FT TH ALG CURVE TO RGT RAD 446.35 FT DIST OF 99.59 FT TH S 05-54-00 E 17.69 FT TH ALG CURVE TO RGT RAD OF 140.32 FT DIST OF 96.06 FT TH S 33-19-30 W

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Washington School District
  • Census Tract: 032318

Zoning

  • Zoning: CB

Geography

  • Account Number: 272506905806
  • District: SAMMAMISH
  • Parcel: 272506-9058
  • Block: 58
  • Lot: L
  • Meridian: SEC 27 TWN 25 RNG 06
  • Municipality: SAMMAMISH
  • Latitude: 47.6172
  • Longitude: -122.034

    Address

  • Full Address: 22850 Ne 8th St
  • Address - House Number: 22850
  • Street Direction: NE
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Sammamish
  • Carrier Code: C050
  • 4-Digit Zip Code: 7256
  • Zip Code: 98074

Valuation

    Tax

  • Total Area: 130,062
  • Tax Year: 2024
  • Tax Amount: $480,746
  • Tax Rate Code Area: 2209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $26,750,000
  • First Open Lien Mortgage Lender: ALLIANZ LIFE INSURANCE COMPANY
  • First Open Lien Mortgage Recording Date: Dec 05, 2016
  • First Open Lien Mortgage Loan Amount: $26,750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $54,336,000
  • Market Land Value: $6,449,000
  • Market Improvement Value: $47,887,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,336,000
  • Assessed Land Value: $6,449,000
  • Assessed Improvements Value: $47,887,000

About Sammamish



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 22850 Northeast 8th Street located in?
The 22850 Northeast 8th Street is a located in the neighborhood of King in Sammamish, Sammamish.
What is the average sales price for listings in 22850 Northeast 8th Street?
The average sales price for units in 22850 Northeast 8th Street is $0 currently.

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