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8160 Northeast 24th Street

8160 Northeast 24th Street, Medina, WA 98039
Property in King
Sold Jul 23, 2021
$2,400,000
$1,889,000 by Us Bank Na
Mortgage Due Aug 01, 2051
Sold Feb 16, 2018
$1,960,000
$1,176,000 by East West Bank
Mortgage Due Mar 01, 2048
Local assessors in Medina, WA have categorized 8160 Northeast 24th Street as a residential type of property. The home was built in 1965 and is 59 years old. It was most recently renovated and altered in 2007. The property's lot size has been calculated to be 8,750 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 are 2 full bathrooms. There are also 3 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 8160 Northeast 24th Street has a total of 2,100 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 1,050 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 550 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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 - B. 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, 8160 Northeast 24th Street sold most recently in Jul 19, 2021 for a total of $2,400,000. If you work out the math, that's approximately a cost of $905.66 per sqft. Before that, the property was also sold for $1,960,000 in Feb 5, 2018. 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 $16,011 in taxes each year. 8160 Northeast 24th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,132,000. If we break it down further, the land itself was valued at $1,767,000. Improvements to the property, however, were assessed at a total of $365,000. 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: 1965
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,050
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,750
  • Total Building Area: 2,650
  • Gross Building Area: 2,650
  • Building Area: 2,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,100
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEDINA MANOR ADD TO BELLEVUE
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MEDINA MANOR ADD TO BELLEVUE PLAT BLOCK: 2 PLAT LOT: 32

Ownership

  • Current Owner : XIONG PENG
  • Current Owner 2: ZHANG CHEN
  • Previous Owner : TANG YONG
  • Previous Owner 2: LU YANFEI
  • Owner Before Previous Owner: SIDDIQUI FAIZ
  • Owner Before Previous Owner 2: SIDDIQUI FAIZI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bellevue School District
  • Census Tract: 024200

Zoning

  • Zoning: R16

Geography

  • Account Number: 542570025503
  • District: MEDINA
  • Parcel: 542570-0255
  • Block: 2
  • Lot: 32
  • Meridian: SEC 24 TWN 25 RNG 04
  • Municipality: MEDINA
  • Latitude: 47.6322
  • Longitude: -122.232

    Address

  • Full Address: 8160 Ne 24th St
  • Address - House Number: 8160
  • Street Direction: NE
  • Address - Street Name: 24th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Medina
  • Carrier Code: C021
  • 4-Digit Zip Code: 2345
  • Zip Code: 98039

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $16,011
  • Tax Rate Code Area: 1836

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 2,498,319
  • High Value: 2,901,952
  • Low Value: 2,094,686

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,889,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Loan Amount: $1,889,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $2,132,000
  • Market Land Value: $1,767,000
  • Market Improvement Value: $365,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,132,000
  • Assessed Land Value: $1,767,000
  • Assessed Improvements Value: $365,000

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Transaction ID: 11844792387
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210723002165
  • Previous Sale Recording Date: Feb 16, 2018
  • Previous Sale Contract Date: Feb 05, 2018
  • Previous Sale Amount: $1,960,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 23, 2021
  • First Mortgage Loan Amount: $1,889,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EAST WEST BANK
  • Previous Mortgage Transaction Date: Feb 16, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,176,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Medina



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Frequently Asked Questions

What neighborhood is 8160 Northeast 24th Street located in?
The 8160 Northeast 24th Street is a located in the neighborhood of King in Medina, Medina.
What is the average sales price for listings in 8160 Northeast 24th Street?
The average sales price for units in 8160 Northeast 24th Street is $0 currently.

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