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5541 163rd Court Northeast

5541 163rd Court Northeast, Redmond, WA 98052
Property in Overlake
Sold Oct 15, 2014
$817,500
$317,500 by First Technology Federal Cu
Mortgage Due Nov 01, 2044
Sold Dec 30, 2005
$840,000
$650,000 by Washington Mutual Bank
Mortgage Due Jan 01, 2036
5541 163rd Court Northeast has been categorized by the local assessors in Redmond, WA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5541 163rd Court Northeast has 3,600 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 920 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,312 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 580 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 5541 163rd Court Northeast sold most recently in Oct 9, 2014 for a total of $817,500. If you work out the math, that's approximately a cost of $195.57 per sqft. Before that, the property was also sold for $840,000 in Dec 27, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $15,859 in taxes each year. 5541 163rd Court Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,918,000. If we break it down further, the land itself was valued at $735,000. Improvements to the property, however, were assessed at a total of $1,183,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 920
  • Garage Type: Attached
  • Garage Square Area: 580
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,312
  • Total Building Area: 4,180
  • Gross Building Area: 4,180
  • Building Area: 3,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,600
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SP 00002
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 REDMOND SP #SPL-00-002 REC #20040708900002 SD SP DAF POR NE 1/4 OF NE1/4 STR 14-25-05 DAF - BEG ON SWLY MGN ST HWY 2-D AT PT 699.56 FT S & 186.37 FT W OF NE COR OF SEC THS 61-40-54 W 210.56 FT TH N 20-35-47 W 43.71 FT TH S 62-57-42 W 96.90 FT T

Ownership

  • Current Owner : UMAY MEHMET KADRI
  • Current Owner 2: UMAY ULKU TUNA
  • Previous Owner : KIM ADAM
  • Previous Owner 2: KIM KELLY
  • Owner Before Previous Owner: HEISER BUILDING CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Washington School District
  • Census Tract: 022802

Zoning

  • Zoning: R4

Geography

  • Account Number: 142505919308
  • District: REDMOND
  • Parcel: 142505-9193
  • Block: 193
  • Lot: 8
  • Meridian: SEC 14 TWN 25 RNG 05
  • Municipality: REDMOND
  • Latitude: 47.6583
  • Longitude: -122.122

    Address

  • Full Address: 5541 163rd Ct Ne
  • Address - House Number: 5541
  • Street Segment Direction: NE
  • Address - Street Name: 163rd
  • Address - Suffix Type: Ct
  • State: WA
  • City Name: Redmond
  • Carrier Code: C038
  • 4-Digit Zip Code: 7043
  • Zip Code: 98052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $15,859
  • Tax Rate Code Area: 2025

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 2,046,783
  • High Value: 2,370,671
  • Low Value: 1,722,894

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $317,500
  • First Open Lien Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Open Lien Mortgage Recording Date: Oct 15, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $317,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2044

    Market Valuation

  • Market Total Value: $1,918,000
  • Market Land Value: $735,000
  • Market Improvement Value: $1,183,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,918,000
  • Assessed Land Value: $735,000
  • Assessed Improvements Value: $1,183,000

    Sales

  • Current Sale Contract Date: Oct 09, 2014
  • Current Sale Recording Date: Oct 15, 2014
  • Current Sale Transaction ID: 1009791404
  • Current Sale Price: $817,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20141015000890
  • Previous Sale Recording Date: Dec 30, 2005
  • Previous Sale Contract Date: Dec 27, 2005
  • Previous Sale Amount: $840,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Mortgage Transaction Date: Oct 15, 2014
  • First Mortgage Loan Amount: $317,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Dec 30, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Overlake



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Frequently Asked Questions

What neighborhood is 5541 163rd Court Northeast located in?
The 5541 163rd Court Northeast is a located in the neighborhood of Overlake in Overlake, Redmond.
What is the average sales price for listings in 5541 163rd Court Northeast?
The average sales price for units in 5541 163rd Court Northeast is $0 currently.

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