tomo logo

$620,000

Beds
2
Baths
2.0
sq ft
1,014

8805 166th Ave NE Unit 301, Redmond, WA 98052

8805 166th Ave NE Unit 301

Redmond, WA 98052

  • 45 days on market
Experience the ideal mix of suburban serenity and urban accessibility on Education Hill. This roomy 2 bed 2 bath corner unit boasts stunning views and a private deck with storage. Featuring high ceilings and a gourmet kitchen with granite countertops and stainless appliances. Enjoy sunsets from the living areas and relax by the cozy fireplace. The laundry room has a full-size washer and dryer for added convenience. The primary bedroom features an en suite bath and walk-in closet. Located near the Microsoft campus and Facebook/Meta offices, Redmond Town Center, Bella Bottega, shopping, dining, schools, parks, and the soon-to-open light rail. Offering easy access to 520, 405, Woodinville Wine District, Bellevue, and Kirkland. Schedule a tour!

Details

Property type

Condominium

Est. home value

$540,207

Lot size

Unknown

Price per sq ft

$612

Year built

1990

Annual property taxes

$3,549

Monthly HOA fee

$386

Price History

05/21/2024
NorthwestMLS

NorthwestMLS #2239872

Listed
$620,000
+22.77%
01/13/2023
NorthwestMLS

NorthwestMLS #1985652

Sold
$505,000
+55.38%
08/10/2016
NorthwestMLS

NorthwestMLS #967715

Sold
$325,000
+4.5%

Schools & Community

Neighborhood: 

Education Hill

Elementary school: 

Redmond Elem

Middle school: 

Redmond Middle

High school: 

Redmond High

School district: 

Lake Washington

Number of units in community: 

25

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

$61,954
Asking price
$620,000
Closing costs (~8% of asking)
-$49,600
Est. remaining loan balance
-$508,446
Cash to seller
$61,954

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

January 2023

Original loan amount

$516,615

Est. remaining balance

$508,446

Interest rate

6.58%

Loan type

VA, 30 year

Seller

Jason Gold and Ju Hyeon Hwang

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 7:55 PM

Listing updated: 05/30/2024 at 12:14 PM

Listed by: Gordon Ronstadt, Redfin Phone #: (425) 418-7628

MLS: NorthwestMLS #2239872

NorthwestMLS logo

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