Listed by Real Property Associates, Bought with Seattle Works Real Estate
NOT LISTED FOR SALE

17160 Avondale Way NE Redmond, WA 98052

Education Hill Neighborhood
-- Bed
-- Bath
7,784 Sq Ft
0.9 Acres

Last Sold December 30, 2021

Last sale price $3,500,000 $450 Per Sq Ft

69 Days on Market

Highlights

  • 0.9 Acre Lot
  • Wood Siding
  • 3-minute walk to Bear Creek Park
  • Redmond Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of December 2021

The Cascadia Apartments are an updated and incredibly well located 11 unit apartment building across from Bear Creek Village and steps to Redmond Town Center and downtown Redmond. Three 1 bedroom/1 bath units; Eight 2 bedroom/1 bath units, with abundant parking. Apartments are on a BC zoned 17,424' lot and this sale includes a second 21,607' tax parcel zoned R5, which allow for overflow parking or future development. Unique opportunity for this size of an investment in this phenomenal location!

Last Agent to Sell the Property

Torrey Morales

Real Property Associates License #134003 Listed on: 08/24/2021

Co-Listed By

Gordon Stephenson

Real Property Associates License #13279

Last Buyer's Agent

Danny Alhadeff

Seattle Works Real Estate License #135598

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1829784

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,621

Year Built

  • Built in 1968

Lot Details

  • 0.9 Acre Lot
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 7,784 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 20 Parking Spaces
  • Open Parking

Community Details

  • Downtown Redmond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1225059064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,621

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7784
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 440

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Retail, See Remarks
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 20
  • Open Parking: Yes
  • Total Parking Spaces: 20
  • ParkingUncoveredSpaces: 20

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 5555

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lake Washington
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 1225059064
  • Lot Size Acres: 0.896
  • Lot Size Sq Ft: 39031
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Business,Commercial,Multi-Family,Retail,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 24
  • LeasedItems: None
  • TotalMonthlyIncome: 185704

Multi Family

  • Gross Scheduled Income: 185704
  • Net Operating Income: 105753
  • Number Of Units Total: 11
  • Electric Expense: 1188
  • Insurance Expense: 3092
  • Leasable Area: 7784
  • EnergySource: Electric
  • UnitsInBuildingTotal: 11
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 26621

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $3,500,000 -12.5% $450 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $4,000,000 -- $514 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Torrey Morales

    Seller's Agent in 2021

    Torrey Morales

    Real Property Associates

    (206) 948-3601

    1 in this area

    19 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Gordon Stephenson

    Real Property Associates

    (206) 999-1982

    1 in this area

    171 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    Danny Alhadeff

    Seattle Works Real Estate

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1829784

Northwest Multiple Listing Service (NWMLS)

Washington King County Redmond 98052 Education Hill

17160 Avondale Way NE, Redmond, WA

This home is located at 17160 Avondale Way NE, Redmond, WA 98052 since 24 August 2021. This property was built in 1968. 17160 Avondale Way NE is a home located in King County with nearby schools including Redmond Elementary School, Redmond Middle School, and Redmond High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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