Listed by James & Associates R.E. Inc., Bought with Marketplace Sotheby's Intl Rty
$1,600,000
SOLD SEP 24, 2025

7962 170th Ave Ne (Homesite #1) Redmond, WA 98052

Downtown Redmond Neighborhood
3 Beds
3.5 Baths
2,622 Sq Ft
$232/mo HOA Fee

Recently Sold

$610 Per Sq Ft

Highlights

  • New Construction
  • Deck
  • Property is near public transit and bus stop
  • Redmond Elementary School Rated A
  • Contemporary Architecture
  • 3-minute walk to Anderson Park

About This Home

As of September 2025

Live at Penny Lane in Downtown Redmond and enjoy a lifestyle with exceptional walkability, Redmond light rail and Anderson park. Ichijo's spectacular corner home (Nottingham A plan), 2622 sqft/3 beds/3.25 baths/amazing bonus space/private 1st floor bedroom with full bath/2-car tandem garage. Large open main floor: den area-kitchen-dining-living. Solar and EV charger ready. Highly rated Lake Washington School District. Fenced outdoor living. Ichijo's own piano finish cabinets with organizers, pull down shelves. Visit Model (Mansfield plan) 7994 170th Ave NE, Redmond with KeyBox. If represented by a broker, broker must accompany or buyer must register broker at 1st visit. BUILDER OFFERS $25,000 FLEX CASH INCENTIVE, use preferred lender.

Last Agent to Sell the Property

Loan Trieu

James & Associates R.E. Inc. License #119424 Listed on: 01/22/2025

Last Buyer's Agent

Tanya Franzen-Garrett

Marketplace Sotheby's Intl Rty License #101909

Marketplace Sotheby's Intl Rty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2324993

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 2,263 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Zero Lot Line
  • Property is in very good condition

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Stone Siding
  • Cement Board or Planked
  • Stone

Interior Spaces

  • 2,622 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit and bus stop

Schools

  • Redmond Elementary School
  • Redmond Middle School
  • Redmond High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet
  • High Tech Cabling

Community Details

  • Mgt. Trust Janice Vanhook Association
  • Secondary HOA Phone (425) 897-3400
  • Penny Lane II Condos
  • Built by Ichijo USA
  • Downtown Redmond Subdivision
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 6705910010

Property Details

Home Type

Co-Op

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$232 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 32 - Townhouse
  • Year Built: 2025
  • Inclusions: Dishwasher(s),Garbage Disposal,Leased Equipment,Microwave(s),See Remarks,Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Penny Lane II
  • Unit Levels: Multi/Split
  • New Construction: Yes
  • CalculatedSquareFootage: 2622
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • NewConstruction: Under Construction
  • NWM_ExcludedItemsYN: false
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Microwave(s), See Remarks, Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Lower
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Main Level Bathrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 2622
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 1
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),See Remarks,Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Ichijo USA
  • Construction Type: Cement Plank, Stone
  • Direction Faces: West
  • Exterior Features: Cement Planked, Stone
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Townhouse
  • BusLineNearby: true
  • ConstructionMethods: Double Wall

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Redmond
  • WaterCompany: City of Redmond
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Recirculating Tank
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 232
  • Association Fee Frequency: Monthly
  • Phone: 425-897-3400
  • Association: Yes
  • AssociationContactName: Mgt. Trust - Janice VanHook

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Lake Washington
  • High School: Redmond High
  • Middle Or Junior School: Redmond Middle

Lot Info

  • Parcel Number: 6705910010
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.052
  • Lot Size Sq Ft: 2263
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Electric Car Charging,Fenced-Partially,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Builder
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Efficiency: Double Wall
  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Redmond Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Sep 2, 2025
Sold by
Ichijo Usa Co Ltd
Bought by
Wu Tiebo and Cheng Zhuowei
Seller's Agent
Loan Trieu
James & Associates R.E. Inc.
Buyer's Agent
Tanya Franzen-Garrett
Marketplace Sotheby's Intl Rty
List Price
$1,600,000
Sold Price
$1,600,000
Views
27
Current Estimated Value
$1,185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$415,000
Avg. Annual Appreciation
-56.57%
Original Mortgage
$950,000
Outstanding Balance
$946,652
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$238,348
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,600,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2025 09/24/25 Sold $1,600,000 0.0% $610 / Sq Ft
07/03/2025 07/03/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $1,600,000 0.0% $610 / Sq Ft
02/23/2025 02/23/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $1,600,000 -- $610 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $3,855 $489,000 $489,000 --
2023 $4,077 $410,000 $410,000 $0
2022 $3,297 $553,000 $553,000 $0
2021 $0 $382,000 $382,000 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Loan Trieu

    James & Associates R.E. Inc.

    (206) 510-4494

    15 in this area

    19 Total Sales

    Loan Trieu
    Section Image
  • Tanya Franzen-Garrett

    Buyer's Agent in 2025

    Tanya Franzen-Garrett

    Marketplace Sothebys International Realty

    (206) 226-3723

    1 in this area

    98 Total Sales

    Tanya Franzen-Garrett
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2324993

Northwest Multiple Listing Service (NWMLS)

APN: 670591-0010

Washington King County Redmond 98052 Downtown Redmond

7962 170th Ave Ne (Homesite #1), Redmond, WA

Sold

Coop

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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. ©2026 NWMLS.
Based on information submitted to the MLS GRID

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