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Overlake Neighborhood Homes in Redmond WA

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Real Estate Agent with Global Home Brokers

Overlake Neighborhood Homes in Redmond WA

Find Homes for sale in Overlake Neighborhood in Redmond WA

The Overlake neighborhood is located in the southwest corner of the city of Redmond. The neighborhood is bound on the north by SR 520, on the south by Bel-Red Road/NE 20th St,on the east by Bel-Red Road and on the west by 140th Ave NE.

Overlake is a hub of urban activity, with excellent access via SR 520 and public transit to Downtown Redmond, Downtown Bellevue, and Seattle. It is the third largest employment center in the region with about 46,000 jobs. Residents and people who work in Overlake have their pick of a wide variety of restaurants and shops. Business owners choose Overlake in part because of its proximity to Microsoft and Nintendo campuses, world leaders in software and digital media.

Although highly developed and with plans of continued growth, Overlake still is a walking-friendly neighborhood and offers many nearby open areas. The Microsoft campus offers several public and well maintained trails while Westside Park, Cascade View Park and Redmond West Wetlands are among the many green spaces that residents of this neighborhood enjoy.

Living in Overlake Neighborhood in Redmond WA

While Overlake is already a comfortable and well-developed neighborhood, the city of Redmond is planning for significant urban growth within the area, which will offer its resident many advantages and comforts in the next few years. When these plans are realized, thousands of new residents will walk from their homes to their jobs or to patronize neighborhood shops and services. Residents and employees will relax in one of three major parks, two of which are also regional stormwater facilities.

Beginning in 2023, light rail will quickly and conveniently transports residents, employees, and visitors between two Overlake stations and regional destinations. Complete streets and new nonmotorized crossings of State Route 520 will make transit more convenient to more people, and provide new connections between Overlake Village and the Employment Area to the north.

Overlake is also served by the coveted Lake Washington School District. The neighborhood includes schools like Benjamin Rush Elementary School and Highland Middle School.

Selling in Overlake? Request a custom evaluation for your home at Home for Sale in Overlake Neighborhood in Redmond WA.

 

Affordable Spacious Single Family Homes or Condos

The one and two story homes you would expect to find for sale in Overlake, Redmond WA are generally going to range between 900 and 6,600 square feet and mostly single family houses. The average home is about 1,200 square feet and Average price per square foot was $297, an increase of 28.6% compared to the same period last year. The median sales price for homes in Overlake, Redmond for Dec 13 to Mar 14 was $349,000.

The smallest homes in the neighborhood start with 1 bedrooms/1 bathrooms while the larger floor plans have a five or six bedroom layout.  Floor plans feature spacious and kitchens, formal dining rooms, fireplaces, and spacious master bedrooms. 

Prices vary depending upon floor plan, size, view, age, condition, updating and remodeling.  The average listing price for Overlake Redmond Average Home prices range between $100,000 to $600,000. The average listing price for homes for sale in Overlake was $345,131 while the median sales price in Overlake, Redmond was $349,000 based on 15 sales.

Short Sale Homes in Overlake Neighborhood in Redmond WA

Foreclosure Homes in Overlake Neighborhood in Redmond WA.

Resale Homes in Overlake Neighborhood in Redmond WA

 

Low or No Down Payment Options!

Homes in Overlake, Redmond WA are approved for FHA 3.5% down payment financing, Conventional 3% down payment financing, VA zero down payment financing, and WSHF Washington State Housing Finance. Apply online to see which Low Down Payment Mortgage in Overlake, Redmond options you qualify for.

What is a FHA-Insured Loans?? The FHA-insured loan was created to protect lenders from losses should the economy once again tank. That said, the borrower does receive benefits from the loan. First, she benefits from the meticulous appraisal of the home, and second, from the low down payment requirements and attractive interest rates offered by lenders. Read the Complete FHA Guide 

Good tip for Budgeting to Buy a House: The best way to start is by coming up with a budget that is realistic enough for you to stick with and by using other tips to help you get ahead financially… read more.

Learn more about Mortgage and Loan Process in Overlake Neighborhood in Redmond WA.

 

STEPS OF THE HOME BUYING PROCESS

The home-buying process is complex, especially for the first-time buyer. Even those moving up to their next home have the challenge of both buying and selling a home at the same time while avoiding a housing gap.  Even those who have purchased homes before may need guidance with some of the challenging steps. Follow this link to find the process boiled down as much as possible while still maintaining all the important parts. Enjoy!

 

If you are already preapproved, remember this 10 THINGS NOT TO DO AFTER LOAN APPLICATION. Never assume that your lender will go over this information, and cover these points if they do not.

Get to know your future neighbors!

Each neighborhood is unique. Each has a distinct history and identity and each offers something special in the way of amenities for its residents. We provide a glimpse into the character of Overlake, Neighborhood Information and Home for Sale in Overlake, Redmond WA: OVERLAKE NEIGHBORHOODS AND VISITORS’ GUIDES  &HELPFULL LINKS IN OVERLAKE NEIGHBORHOOD IN REDMOND WA

Get all the information for Overlake Neighborhood in Redmond WA with our customized Community Information tools including:

·         Neighborhood crime rate

·         The household incomes of your future neighbors

·         Education levels for the community

·         Potential for extreme weather and natural events

 

 

 

 

 

 

Find exclusive information and searches for Neighborhood Information and Home for Sale in Overlake, Redmond WA to help you make more informed decisions. All the information is up current and is updated every day. Each month we publish market updates for Overlake, Redmond. You can see the latest information in Sold vs Listing pricing, Market Inventory Trends, Home Ownership in Overlake, Redmond, Income by household, Crime and Weather Risk, Everything that is near Overlake, Redmond, Local Schools Ratings, and much more. You can also compare all these characteristics in Overlake, Redmond with other nearby cities. In Global Home Brokers Real Estate Team we invest in this research and our clients always have the latest insights to make the best decisions with confidence.

 

Conveniently Located Overlake, Redmond WA

Overlake offers residents a bustling area filled with shops, dining and entertainment options.

Close to Overlake WA are several shops, restaurants and cafes, all within a few miles of Home for Sale in Overlake Neighborhood Homes in Redmond WA.

The Houses in Overlake, Redmond WA are a great place to call home. You will not be disappointed if you end up living here. You can find homes for sale in Overlake Neighborhood Information and Home for Sale in Overlake, Redmond WA on my website.

 

Free Community and Demographic Reports for Overlake, Redmond WA

Schools serving the homes in include Stevenson Elementary, Overlake Elementary and St. Louise Parish School. The quality of a school can greatly influence home values in an area. Access detailed information on Overlake, Redmond’s School Districts, school ratings, test scores by grade, student-teacher ratio, and much more.

Free Market Report For Homes Near Top School Districts in Overlake, Redmond WA

The Community data in this Free Market Report is a consolidated from multiple sources and includes current listings, recent sales, and more. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.

Call or email anytime to discuss how this information can benefit you!

Thank you for reading about the Overlake Neighborhood Homes in Redmond WA!

 

Provided courtesy of the Global Home Brokers Team 
Keller Williams Realty Redmond 

Our goal is to be a resource for our clients and serve the community.

 

Give me a call and let's go find your home!
425-298-7318425-298-7318 for information on Buyer's Representation Services
(NO COST TO HOME BUYERS) 


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Provided courtesy of the Global Home Brokers Team 
Keller Williams Realty Bellevue

 

Our goal is to be a resource for our clients and serve the community.

 

 

 

Give me a call and let's go find your home!
425-298-7318 for information on Buyer's Representation Services 
(NO COST TO HOME BUYERS)