tomo logo

$2,000,000

Beds
4
Baths
2.5
sq ft
2,830

11712 176th Ave NE, Redmond, WA 98052

11712 176th Ave NE

Redmond, WA 98052

  • 14 days on market
Attention builders/contractors/investors. Remodel, Demolish or subdivide. Lots of potential. This is an amazing property with 4 bed and 2.5 baths, and 1.5 acre lot in the sought after area of Education Hill! Zoned R4. Surrounded by new 2 million+ homes. Light-filled interior has vaulted ceiling and skylights. Desirable main floor master with private deck. Huge bonus room upstairs has exterior access. Few blocks from PCC. Top rated Lake Washington Schools! Reports upon request after showing include survey map, arborist Report and wetland study report. All Utilities on the property.

Details

Property type

Single Family Residence

Est. home value

$2,196,822

Lot size

1.5 acres

Price per sq ft

$707

Year built

1977

Annual property taxes

$11,771.28

Price History

06/18/2024
NorthwestMLS

NorthwestMLS #2253062

Listed
$2,000,000
+42.86%
07/27/2017
NorthwestMLS

NorthwestMLS #1139932

Sold
$1,400,000
+80.65%
09/24/2015
NorthwestMLS

NorthwestMLS #840097

Sold
$775,000

Schools & Community

Neighborhood: 

North Redmond

Elementary school: 

Einstein Elem

Middle school: 

Redmond Middle

High school: 

Redmond High

School district: 

Lake Washington

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,451,900
Asking price
$2,000,000
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$388,100
Cash to seller
$1,451,900

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Primelending

Loan start date

September 2015

Original loan amount

$475,000

Est. remaining balance

$388,100

Interest rate

3.91%

Loan type

New Conventional, 30 year

Seller

Maksym Kovalenko and Liliya Kovalenko

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/02/2024 at 4:35 PM

Listing updated: 06/22/2024 at 12:16 AM

Listed by: Qing Xia, Kelly Right RE of Seattle LLC Phone #: (206) 525-5235

MLS: NorthwestMLS #2253062

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