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2518 265th Avenue Northeast

2518 265th Avenue Northeast, Redmond, WA 98053
Property in King
Sold Oct 29, 2021
$1,520,000
$1,064,000 by Crosscountry Mortgage Llc
Mortgage Due Nov 01, 2051
Sold Jul 21, 1994
$325,000
2518 265th Avenue Northeast in Redmond, WA was first built in 1994 and is 30 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2518 265th Avenue Northeast has 2,930 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. In total, the area measurement of the land is 29,179 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 920 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. 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, 2518 265th Avenue Northeast sold most recently in Oct 22, 2021 for a total of $1,520,000. If you work out the math, that's approximately a cost of $394.81 per sqft. Before that, the property was also sold for $325,000 in Jul 11, 1994. 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 $11,568 in taxes each year. 2518 265th Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,066,000. If we break it down further, the land itself was valued at $364,000. Improvements to the property, however, were assessed at a total of $702,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 920
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 29,179
  • Total Building Area: 3,850
  • Gross Building Area: 3,850
  • Building Area: 2,930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,930
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: AMESBURY
  • Land Acres: 0.67
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AMESBURY TGW UND INT IN TRACTS C & E

Ownership

  • Current Owner : COLE FENNY FRANSISCA
  • Current Owner 2: COLE JONATHAN WILLIAM
  • Previous Owner : MCNAUGHTON MICHAEL
  • Previous Owner 2: MCNAUGHTON JENNIFER
  • Owner Before Previous Owner: WILLIAM E BUCHAN INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Snoqualmie Valley School District
  • Census Tract: 032315

Zoning

  • Zoning: RA5

Geography

  • Account Number: 020500007008
  • District: KING COUNTY
  • Subdivision Tract Number: C,E
  • Parcel: 020500-0070
  • Lot: 7
  • Meridian: SEC 24 TWN 25 RNG 06
  • Municipality: KING COUNTY
  • Latitude: 47.6313
  • Longitude: -121.985

    Address

  • Full Address: 2518 265th Ave Ne
  • Address - House Number: 2518
  • Street Segment Direction: NE
  • Address - Street Name: 265th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Redmond
  • Carrier Code: C002
  • 4-Digit Zip Code: 9094
  • Zip Code: 98053

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $11,568
  • Tax Rate Code Area: 6641

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,463,194
  • High Value: 1,697,491
  • Low Value: 1,228,896

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,164,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $1,064,000
  • 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: Nov 01, 2051
  • Second Open Lien Mortgage Lender: UMPQUA BANK
  • Second Open Lien Mortgage Recording Date: Dec 14, 2023
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 08, 2053

    Market Valuation

  • Market Total Value: $1,066,000
  • Market Land Value: $364,000
  • Market Improvement Value: $702,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,066,000
  • Assessed Land Value: $364,000
  • Assessed Improvements Value: $702,000

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11862168643
  • Current Sale Price: $1,520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211029001508
  • Previous Sale Recording Date: Jul 21, 1994
  • Previous Sale Contract Date: Jul 11, 1994
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $1,064,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Ames Lake



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Frequently Asked Questions

What neighborhood is 2518 265th Avenue Northeast located in?
The 2518 265th Avenue Northeast is a located in the neighborhood of King in Ames Lake, Redmond.
What is the average sales price for listings in 2518 265th Avenue Northeast?
The average sales price for units in 2518 265th Avenue Northeast is $0 currently.

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