Provided by NWMLS, Listed by Skyline Properties, Inc.

Pending

17229 NE 40th Street

Redmond WA, 98052

$2,350,000


$564.90 per sqft

Pending

4,160 sqft

Multi-family

Built in 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.

2072269

MLS ID

May 29, 2023

Listed

February 16, 2024

Updated

Map

17229 NE 40th Street
Redmond WA, 98052

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.59 Acres


Exterior Features

Wood


Lot Features

Paved, Value In Land


Roof

Composition, Flat, Torch Down


Sewer

Available

School Information

School District

Lake Washington


High School

Lake Wash High


Elementary School

Audubon Elem

Other Property Details

Area Name

530 - Bellevue/East of 405


Taxes

$11,032


Tax Frequency

Annually


Garage

No


Parking

RV Parking


Parking Total

7


View

Yes


View Description

Lake


County

King


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

1/23/2024

Pending

1/11/2024

Price Change

$2,350,000

-3%

12/28/2023

Active

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 2/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/16/2024 at 11:35 PM UTC

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