tomo logo

$499,900

Beds
2
Baths
1.75
sq ft
987

8845 166th Ave NE Unit B202, Redmond, WA 98052

8845 166th Ave NE Unit B202

Redmond, WA 98052

  • <1 day on market
    • Open house Oct 19
Prime Location in Education Hill, Redmond! This beautifully updated 2-bed, 2-bath condo is just minutes from Redmond Town Center, Microsoft, parks, 520 access and the upcoming light rail (ETA 2025). Enjoy a stylish new kitchen with new stainless steel appliances, new bathrooms, new washer/dryer, modern flooring, and upgraded lighting. Bright living room with a cozy wood-burning fireplace and functional office area, opens to a charming dining area and an oversized balcony, perfect for relaxation. The spacious primary suite features an en-suite bath. Home faces south, offers abundant natural light through expanded floor-to-ceiling windows. No rental cap, and HOA covers water, sewer and garbage. Ideal for first-time home buyers and investors!

Details

Property type

Condominium

Est. home value

$502,170

Lot size

Unknown

Price per sq ft

$507

Year built

1979

Annual property taxes

$3,801.31

Monthly HOA fee

$638

Price History

10/17/2024
NorthwestMLS

NorthwestMLS #2302564

Listed
$499,900
+47.03%
06/14/2019
NorthwestMLS

NorthwestMLS #1448313

Sold
$340,000

Schools & Community

Neighborhood: 

Education Hill

Elementary school: 

Redmond Elem

Middle school: 

Redmond Middle

High school: 

Redmond High

High school district: 

Lake Washington

Number of units in community: 

54

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

$361,308
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$98,600
Cash to seller
$361,308

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

May 2019

Original loan amount

$140,000

Est. remaining balance

$98,600

Interest rate

3.6%

Loan type

New Conventional, 15 year

Seller

Xun Zhang

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: 10/18/2024 at 4:25 AM

Listing updated: 10/17/2024 at 1:40 PM

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

MLS: NorthwestMLS #2302564

NorthwestMLS logo

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