7330 151st Ave NE Redmond, WA 98052
Grass Lawn NeighborhoodEstimated payment $10,220/month
Highlights
- No HOA
- Garage
- Level Lot
- Benjamin Rush Elementary School Rated A
About This Lot
This property offers a prime investment opportunity with exceptional development potential, featuring preliminary short plat approval for 2 buildable lots. The existing tenant-occupied home provides immediate rental income while you move forward with the project. The short plat is approved for one 6,412 sq ft lot & one 6,058 sq ft lot, with zoning that allows homes up to 4,500 sq ft and up to 3 stories each. Architect drawings and preliminary designs have already been completed, plans have not been submitted yet, giving flexibility to revise or create your own vision. With rental income in place and significant groundwork already done, this property is ideal! Buyers/agents to do their due diligence. Lots are next to other luxury new homes.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2460130
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,356
Lot Details
- 0.29 Acre Lot
- Level Lot
Parking
- Garage
Community Details
- No Home Owners Association
- Osborne Subdivision Condos
- Grass Lawn Park Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / 7
- Assessor Parcel Number 6421100590
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,356 | $1,190,000 | $1,178,000 | $12,000 |
| 2023 | $7,432 | $812,000 | $669,000 | $143,000 |
| 2022 | $6,035 | $1,010,000 | $832,000 | $178,000 |
| 2021 | $5,646 | $701,000 | $581,000 | $120,000 |
| 2020 | $5,568 | $606,000 | $497,000 | $109,000 |
| 2018 | $3,454 | $611,000 | $508,000 | $103,000 |
| 2017 | $2,984 | $345,000 | $296,000 | $49,000 |
| 2016 | $2,722 | $311,000 | $267,000 | $44,000 |
| 2015 | $2,600 | $281,000 | $241,000 | $40,000 |
| 2014 | -- | $259,000 | $227,000 | $32,000 |
| 2013 | -- | $231,000 | $203,000 | $28,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2025 12/09/25 | For Sale | $1,800,000 | +69.8% | -- | |
| 04/09/2021 04/09/21 | Sold | $1,060,000 | +28.5% | $841 / Sq Ft | View Prior Sale |
| 02/04/2021 02/04/21 | Pending | -- | -- | -- | |
| 01/28/2021 01/28/21 | For Sale | $825,000 | +153.8% | $655 / Sq Ft | |
| 10/07/2016 10/07/16 | Sold | $325,000 | -7.1% | $560 / Sq Ft | View Prior Sale |
| 04/07/2016 04/07/16 | Pending | -- | -- | -- | |
| 03/12/2016 03/12/16 | For Sale | $350,000 | 0.0% | $603 / Sq Ft | |
| 12/22/2015 12/22/15 | Pending | -- | -- | -- | |
| 12/05/2015 12/05/15 | For Sale | $350,000 | 0.0% | $603 / Sq Ft | |
| 10/21/2015 10/21/15 | Pending | -- | -- | -- | |
| 08/31/2015 08/31/15 | For Sale | $350,000 | 0.0% | $603 / Sq Ft | |
| 08/11/2015 08/11/15 | Pending | -- | -- | -- | |
| 07/14/2015 07/14/15 | For Sale | $350,000 | 0.0% | $603 / Sq Ft | |
| 06/17/2015 06/17/15 | Pending | -- | -- | -- | |
| 06/06/2015 06/06/15 | For Sale | $350,000 | -- | $603 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,060,000 | Chicago Title Company Of Wa | |
| Interfamily Deed Transfer | -- | Nextitle | |
| Warranty Deed | $260,000 | American Title Ins Co | |
| Quit Claim Deed | -- | American Title Ins Co | |
| Warranty Deed | $135,950 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $677,170 | New Conventional | |
| Previous Owner | $218,000 | FHA | |
| Previous Owner | $256,378 | FHA | |
| Previous Owner | $108,750 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2460130
APN: 642110-0590
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