Sold753d on market
17229 NE 40th Street
Redmond, WA, 98052 • Idylwood • King County
$2,172,000
$522/sqft
4,160Sqft
0.59 acLot
1951Built
Property DNA
Waterfront Property
Direct water access
Lake Views
Lake
Microsoft
Idylwood
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
753 days on market
Established listing
$522/sqft
Price per square foot
About this home
Multi Family · Built 1951
4plex on large lot, 2 min from Microsoft. Value in land, Excellent development site for 2 luxury homes or long term hold with income stream. Views of Lake Sammamish from upper floor. Zoned R-4, Development site suitable for two large view homes with ADU units. Triplex has some remodel and updating.4th unit is spacious remodeled 2 bedroom/2 bath detached house. Property is well maintained and all systems are functioning and operable. Income producing property can generate $9,020 per month, during lot line adjustment process and approval through the city of Redmond. Highly desirable schools. 2 blocks from waterfront and Idylwood Park, lot is 25, 900 sq feet; 140 x 185, zoned R-4, 1 mile to Microsoft and light rail.
Estimated monthly payment
Based on current rates
$13,525/month
Principal & Interest$10,629
Property Tax$2,172
Insurance$724
Down payment20% ($434,400)
3%50%
Est. 6.19% rate · 30yr fixed · $1,737,600 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1951
HeatingBaseboard, Electric, Natural Gas
CoolingNone
Parking2 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionGood
Year built1951
Systems
HeatingBaseboard, Electric, Natural Gas
CoolingNone
RoofComposition,Flat,Torch Down
ConstructionWood Siding
Water / SewerCompany: public / Available, Company: public
Parking & Outdoor
ParkingRV Parking
Lot0.59 Acres
Location & Tax
NeighborhoodIdylwood
Annual tax$11,032
Parcel3134100193
Features & details
7 categories of property features
Interior Features
Heating
Baseboard
Electric
Natural Gas
Cooling
None
Exterior Features
Parking
RV Parking
Construction
Wood Siding
Lot Features
Paved
Value In Land
Gas Available
High Speed Internet
Outbuildings
RV Parking
Shop
Views
Lake
Utilities
Verizon
Listing insights
Market data and value estimates
StatusSold
Days on market753
Est. value$2,183,200
Est. rent$3,293/mo
Tax rate0.82%
Price/sqft$522
On marketOct 3, 2023
PostedMay 29, 2023
Last sold$2,172,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
Views4
How are the schools in Redmond?
3 schools rated nearby
Location
Redmond, WA, 98052
Price history
9 events
DateEventPrice$/sqftSource
Mar 14, 2024Sold$2,172,000$522NWMLS as distributed by MLS GRID
Jan 23, 2024Pending Sale$2,350,000$565NWMLS as distributed by MLS GRID
Jan 11, 2024Price Change$2,350,000$565NWMLS as distributed by MLS GRID
Dec 27, 2023Listed For Sale$2,400,000$577NWMLS as distributed by MLS GRID
Oct 12, 2023Pending Sale$2,400,000$577NWMLS as distributed by MLS GRID
Oct 2, 2023Price Change$2,400,000$577NWMLS as distributed by MLS GRID
Sep 19, 2023Price Change$2,500,000$601NWMLS as distributed by MLS GRID
Aug 14, 2023Price Change$2,700,000$649NWMLS as distributed by MLS GRID
May 29, 2023Listed For Sale$3,000,000$721NWMLS as distributed by MLS GRID
Sold$2,172,000
Mar 14, 2024•$522/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,350,000
Jan 23, 2024•$565/sqft•NWMLS as distributed by MLS GRID
Price Change$2,350,000
Jan 11, 2024•$565/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,400,000
Dec 27, 2023•$577/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,400,000
Oct 12, 2023•$577/sqft•NWMLS as distributed by MLS GRID
Price Change$2,400,000
Oct 2, 2023•$577/sqft•NWMLS as distributed by MLS GRID
Price Change$2,500,000
Sep 19, 2023•$601/sqft•NWMLS as distributed by MLS GRID
Price Change$2,700,000
Aug 14, 2023•$649/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$3,000,000
May 29, 2023•$721/sqft•NWMLS as distributed by MLS GRID
Tax history
13 years of records
YearTax paidAssessed value
Apr 7, 2024$13,192$1,679,000
Apr 7, 2023$11,457$1,385,000
Apr 7, 2022$13,649$1,857,000
Apr 7, 2021$11,032$1,283,000
Apr 7, 2020$10,458$1,124,000
Apr 7, 2019$10,201$1,108,000
Apr 7, 2018$9,955$1,122,000
Apr 7, 2017$9,428$944,000
Apr 7, 2016$6,617$779,000
Apr 7, 2015$6,617$725,000
Apr 7, 2014$6,617$661,000
Apr 7, 2013$6,617$595,000
Apr 7, 2000$3,496$280,000
Nearby homes
Neighborhood details
Local context around this listing
Redmond, WA • King County
Nearby neighborhoods
Bear CreekDowntownEducation HillGrass LawnIdylwoodNorth RedmondOverlakeRose HillSE RedmondSammamish Valley
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
980529805398073
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Based on information submitted to the MLS GRID as of 2026-04-07 13:48:49 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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