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17229 NE 40th Street, Redmond, WA 98052
$2,172,000
17229 NE 40th Street, Redmond, WA 98052View this property at 17229 NE 40th Street, Redmond, WA 98052
17229 NE 40th StreetRedmondWA98052
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Property Description
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.
Full Property Details
Full Property Details for 17229 NE 40th St
General
- Sold For: $2,172,000
- Taxes: $11,032 (2022)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2072269
- Added to Site: 374 day(s) ago
Additional Information
- Amenities: Gas Available, High Speed Internet, Outbuildings, RV Parking, Shop
Parking
- Carport Spaces: 2
- Uncovered Spaces: 5
- Parking Features: RV Parking
Location
- Area: 530 - Bellevue/East of 405
- County: King
- Subdivision: Microsoft
- Building Name: Harrisons Acreage
- Driving Directions: from Bell-Red road headed north, turn right on NE 40th, go 2 blocks, on right side, 2 large boulders in front yard, no sign
School Information
- High School District: Lake Washington
- Elementary School: Audubon Elem
- Middle School: Rose Hill Middle
- High School: Lake Wash High
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Available
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Composition, Flat, Torch Down
- Stories in Building: 2
- Square Feet: 4,160
- Aprox. Leasable: 4,100 Sq. Ft.
- Year Built: 1951
- Property Condition: Good
Unit Information
- Units in Building: 4
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.5946
- Lot Size (Sq. Ft.): 25,900
- Lot Size Source: KCR
- Lot Dimensions: 185 x 140
- Lot Features: Paved, Value In Land
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $11,032
- Tax Year: 2022
- Terms: Cash Out, Conventional, Owner Financing
Disclosures and Reports
- Special Conditions: None
- Property ID: 3134100193
- Lot Number: tract 19
Listed by Fred Grunewald | Skyline Properties, Inc. | (425) 455-2065
Sold by Cassandra H. Kerk | RE/MAX Eastside Brokers, Inc.
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Schools
Schools serving 17229 NE 40th St
School District:Lake Washington School District
Rating | Name | Grades | Distance |
---|---|---|---|
3045 180th Ave Ne, Redmond, WA 98052 | K-5 | 0.7 mi | |
13505 Ne 75th St, Redmond, WA 98052 | 6-8 | 2.9 mi | |
12033 Ne 80th St, Kirkland, WA 98033 | 9-12 | 3.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17229 NE 40th St
Date
Details
Price
Change
Source
3/14/2024
Sold
$2,172,000
-7.57%
MLS
1/10/2024
Price Reduced
$2,350,000
-2.08%
MLS
10/02/2023
Price Reduced
$2,400,000
-4%
MLS
9/19/2023
Price Reduced
$2,500,000
-7.41%
MLS
8/14/2023
Price Reduced
$2,700,000
-10%
MLS
5/29/2023
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
17229 NE 40th Street, Redmond, WA 98052 (MLS# 2072269) is a Multi-Family property that was sold at $2,172,000 on March 14, 2024. Want to learn more about 17229 NE 40th Street? Do you have questions about finding other Multi-Family real estate for sale in Redmond? You can browse all Redmond real estate or contact a Coldwell Banker agent to request more information.