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Listing Firm: Skyline Properties, Inc.: Fred Grunewald

Bought With: RE/MAX Eastside Brokers, Inc. : Cassandra H. Kerk

SOLD On March 14, 2024
NWMLS # 2072269

$2,172,000

  • Sold Price
  • - Beds
  • - Baths
  • 4160 Sq.ft.

17229 NE 40th Street , Redmond, WA 98052

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Buyer's Agent: Cassandra H. Kerk • RE/MAX Eastside Brokers, Inc.

Listed by: Fred Grunewald • Skyline Properties, Inc.

Aris360 Last Checked: 4 Minutes Ago (Jun 21, 2025 12:36 AM)

  • Source: NWMLS as Distributed by MLS Grid #2072269

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 40th
  • Zip/Postal Code: 98052
  • City: Redmond

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$3,847 per month
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Property Features

  • County
    • Microsoft
  • Community
    • 530 - Bellevue/East of 405
  • MLS Area
    • 530 - Bellevue/East of 405
  • Longitude
    • -122.109761
  • Latitude
    • 47.645823
  • Project
    • Harrisons Acreage
  • Directions
    • from Bell-Red road headed north, turn right on NE 40th, go 2 blocks, on right side, 2 large boulders in front yard, no sign

  • Power Production Type
    • Electric
    • Natural Gas

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 7
  • Lot Description
    • Paved,
    • Value In Land,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Exterior
    • Wood
  • Site Description
    • Gas Available,High Speed Internet,Outbuildings,RV Parking,Shop
  • Roof
    • Composition,
    • Flat,
    • Torch Down,
  • Septic or Sewer
    • Available,
  • Lot Size in Acres
    • 1

  • Condition
    • Good,
  • Water
    • public
  • Building Total Area (Sq. Ft.)
    • 25900
  • Has View
    • Yes
  • Parking Description
    • RV Parking,
  • View Description
    • Lake,

  • High School District
    • Lake Washington
  • Jr. High School
    • Rose Hill Middle
  • Elementary School
    • Audubon Elem
  • High School
    • Lake Wash High

  • Possession
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Condominium,
  • Tax Amount
    • $11032
  • Year Built
    • 1951
  • Effective Year Built
    • 1980
  • Status
    • Sold
  • Project
    • Harrisons Acreage

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 21 2025 . 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.

Jun 21, 2025 12:36 AM