7740 196th Ave NE Redmond, WA 98053
Union Hill-Novelty Hill NeighborhoodEstimated payment $10,271/month
Highlights
- RV Access or Parking
- 1.96 Acre Lot
- Territorial View
- Emily Dickinson Elementary School Rated A
- Property is near public transit
- Corner Lot
About This Home
Exceptional Investment Opportunity!This rare property offers limitless potential for investors, developers & visionaries.Situated on a prime shy 2-acre, flat, sun-filled corner lot. high-demand location.Water, gas, electricity & septic available on property. The vintage home, with some renovation,could generate rental income or serve as a transitional investment while planning future expansion.This highly visible site presents unparalleled value.No HOA.RA5P zoning. Immediate adjacent Lot 2 is for sale also- combining 2 lots / over 3 acres for any of your future endeavors.Whether you envision a custom home, business venture or long-term land appreciation,the possibilities are boundless- seize this investment before it’s gone!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2340879
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,972
Year Built
- Built in 1911
Lot Details
- 1.96 Acre Lot
- Corner Lot
- Level Lot
- Garden
- Value in Land
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1,280 Sq Ft Home
- 2-Story Property
- Territorial Views
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Parking
- Driveway
- RV Access or Parking
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Dickinson Elementary School
- Evergreen Middle School
- Eastlake High School
Additional Features
- Outbuilding
- Septic Tank
Community Details
- No Home Owners Association
- Union Hill Subdivision
Listing and Financial Details
- Assessor Parcel Number 0825069050
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 | $5,795 | $599,000 | $598,000 | $1,000 |
| 2023 | $4,972 | $479,000 | $472,000 | $7,000 |
| 2022 | $4,368 | $588,000 | $581,000 | $7,000 |
| 2021 | $4,282 | $409,000 | $402,000 | $7,000 |
| 2020 | $4,202 | $365,000 | $358,000 | $7,000 |
| 2018 | $4,463 | $354,000 | $347,000 | $7,000 |
| 2017 | $4,003 | $360,000 | $316,000 | $44,000 |
| 2016 | $3,827 | $330,000 | $290,000 | $40,000 |
| 2015 | $3,734 | $311,000 | $273,000 | $38,000 |
| 2014 | -- | $295,000 | $263,000 | $32,000 |
| 2013 | -- | $258,000 | $230,000 | $28,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $1,850,000 | -11.9% | -- |
| 03/10/2025 03/10/25 | For Sale | $2,100,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,100,000 | First American Title | |
| Bargain Sale Deed | -- | First American | |
| Interfamily Deed Transfer | -- | First American | |
| Warranty Deed | $305,000 | First American |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,025,000 | Seller Take Back | |
| Previous Owner | $200,000 | Seller Take Back |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2340879
APN: 082506-9050
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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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