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$2,950,000

Beds
4
Baths
4.25
sq ft
5,286

4610 244th Ave NE, Redmond, WA 98053

4610 244th Ave NE

Redmond, WA 98053

  • 131 days on market
    • Price drop $300,000↓
This stunning 5-acre chateau style estate offers unparalleled privacy, luxury, and space with 4 bedrooms, 4.5 bathrooms, and 5,286 sq ft of elegant living space. The finished basement, of 1,673 sq ft presents endless possibilities with two large rooms, a recreational room perfect for a cinema or game room, and cozy lounge area ideal for relaxation. This expansive space could easily be converted into a perfect MIL suite. The estate's 5 acres of beautiful rolling lawns and lush surroundings provide a serene and peaceful atmosphere, while its location in a quiet dead end street ensures maximum privacy. Located in the exclusive Hidden Pond Community, within LWSD and with nearby parks and trails, this property has it all.

Details

Property type

Single Family Residence

Est. home value

$2,167,026

Lot size

5.01 acres

Price per sq ft

$559

Year built

1987

Annual property taxes

$17,720

Price History

09/05/2024
NorthwestMLS

NorthwestMLS #2231420

Listed
$2,950,000
06/21/2024
NorthwestMLS

NorthwestMLS #2231420

Pending
$2,950,000
05/29/2024
NorthwestMLS

NorthwestMLS #2231420

Price change
$2,950,000
-9.23%

Schools & Community

Elementary school: 

Alcott Elem

Middle school: 

Evergreen Middle

High school: 

Eastlake 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

$2,408,122
Asking price
$2,950,000
Closing costs (~8% of asking)
-$236,000
Est. remaining loan balance
-$305,878
Cash to seller
$2,408,122

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

Seller’s Loan History

Lender

First Technology Federal Cu

Loan start date

July 2020

Original loan amount

$335,000

Est. remaining balance

$305,878

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Ian Taylor and Mary Newman

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: 09/17/2024 at 8:30 PM

Listing updated: 09/12/2024 at 10:08 AM

Listed by: Robin Biden, Keller Williams Eastside Phone #: (425) 285-3200

MLS: NorthwestMLS #2231420

NorthwestMLS logo

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