tomo logo

$634,900

Beds
1
Baths
1.0
sq ft
720

16141 Cleveland St Unit 608, Redmond, WA 98052

16141 Cleveland St Unit 608

Redmond, WA 98052

  • 15 days on market
Penthouse condo with stunning views of the park & Downtown Redmond. The bright, open floor plan includes one bedroom & versatile den area. The kitchen features craftsman maple cabinets, granite countertops, stainless steel appliances & a breakfast bar. Enjoy high ceilings, beautiful finishes, and contemporary details throughout. Relax by the cozy fireplace with a stone surround or step out onto the balcony from the living room. Additional highlights include in-unit laundry, extra storage, a bike rack in the dedicated parking in garage, and a secure building with a media room & fitness center. Urban living at it's best here with a 95 walk score, you can stroll to shopping, restaurants, transit, parks, trails & only 2 blocks to light rail.

Details

Property type

Condominium

Est. home value

$583,580

Lot size

Unknown

Price per sq ft

$882

Year built

2006

Annual property taxes

$4,150

Monthly HOA fee

$427

Price History

06/20/2024
NorthwestMLS

NorthwestMLS #2254381

Listed
$634,900
+5.99%
10/13/2022
NorthwestMLS

NorthwestMLS #1979862

Sold
$599,000
+93.91%
09/30/2008
NorthwestMLS

NorthwestMLS #28025709

Sold
$308,900

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

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

$318,128
Asking price
$634,900
Closing costs (~8% of asking)
-$50,792
Est. remaining loan balance
-$265,980
Cash to seller
$318,128

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

October 2022

Original loan amount

$273,000

Est. remaining balance

$265,980

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Farzaneh Mazkoori

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?

Status: Active

Tomo last checked: 07/04/2024 at 7:40 PM

Listing updated: 06/29/2024 at 8:33 AM

Listed by: Bev Watson, RE/MAX Eastside Brokers, Inc. Phone #: (425) 453-7000

MLS: NorthwestMLS #2254381

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