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$620,000

Beds
1
Baths
1.0
sq ft
758

16141 Cleveland St Unit 517, Redmond, WA 98052

16141 Cleveland St Unit 517

Redmond, WA 98052

  • 22 days on market
Discover the dynamic urban living experience in the heart of downtown Redmond with this 1 bedroom, 1 bathroom unit. Boasting an open floor plan and contemporary finishes, the kitchen is equipped with granite countertops, Craftsman-style cherry cabinets, and SS appliances. The cozy living room features a fireplace and a patio that offers views of the Redmond Connector Trail & Park. Included are dedicated parking and a private storage unit. The building ensures security with controlled access and provides amenities including a media room and a fitness center. Conveniently located near 520 and Microsoft, and just one block from the new light rail station. No rental cap, making this an attractive option for investors and homeowners alike.

Details

Property type

Condominium

Est. home value

$588,814

Lot size

Unknown

Price per sq ft

$818

Year built

2006

Annual property taxes

$4,092

Monthly HOA fee

$498

Price History

06/13/2024
NorthwestMLS

NorthwestMLS #2250111

Listed
$620,000
+269.05%
09/28/2011
NorthwestMLS

NorthwestMLS #225658

Sold
$168,000
-50.15%
07/27/2007
NorthwestMLS

NorthwestMLS #25177642

Sold
$337,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Redmond Elem

Middle school: 

Redmond Middle

High school: 

Redmond High

Community features: 

Gated

School district: 

Lake Washington

Number of units in community: 

88

Seller’s Loan History

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

Lender

Provident Funding Associates Lp

Loan start date

September 2011

Original loan amount

$125,850

Est. remaining balance

Not provided

Interest rate

3.54%

Loan type

Commercial, 10 year

Seller

Yang Du

Lender

United Wholesale Mortgage

Loan start date

July 1920

Original loan amount

$119,600

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Commercial, 107 year

Seller

Yang Du

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: 07/04/2024 at 6:40 PM

Listing updated: 07/03/2024 at 11:54 AM

Listed by: Ron Harmon, 1 Percent Lists NW Phone #: (425) 270-5000

MLS: NorthwestMLS #2250111

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