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23948 115th Ln

Redmond, WA 98053

2 bd 2 ba 1,088 sqft Built 2006 condos
Most recent sale
$510,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Listed $525,000 NWMLS
Jun 24, 2022 Sold $510,000 MLS #1943618
Jun 1, 2022 Listed $450,000 MLS #1943618
Aug 29, 2006 Sold $240,240 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $433,100 $31,900 $465,000 $4,204
2024 $410,100 $31,900 $442,000 $4,664
2023 $355,700 $28,300 $384,000 $3,436
2022 $317,700 $28,300 $346,000 $3,605
2021 $290,700 $28,300 $319,000 $3,643
2020 $290,700 $28,300 $319,000 $3,731
2019 $302,700 $28,300 $331,000 $3,590
2018 $304,000 $23,000 $327,000 $3,203
2017 $239,000 $23,000 $262,000 $2,616
2016 $193,200 $24,800 $218,000 $2,410
2015 $172,200 $24,800 $197,000 $2,425
2014 $168,200 $24,800 $193,000 $2,033
2013 $124,200 $24,800 $149,000 $2,157
2012 $130,200 $24,800 $155,000 $2,341
2011 $140,400 $66,600 $207,000 $2,556
2010 $116,400 $66,600 $183,000 $2,141
2009 $161,300 $66,700 $228,000 $2,256

Property facts

Year built
2006
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,088 sqft
Lot size
ZIP code
98053
City
Redmond
Street
115th Ln
Coordinates
47.70095, -122.01978

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,502
Gross rental yield
5.89%
Implied cap rate
3.83%
Trend-extrapolated value

Frequently asked questions

When did 23948 115th Ln last sell?
23948 115th Ln most recently sold on Jun 24, 2022 for $510,000.
What is the current tax assessment for 23948 115th Ln?
The most recent total assessment for 23948 115th Ln (year 2025) is $465,000 with $4,204 in property tax.
How does 23948 115th Ln's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $510,000.
When was 23948 115th Ln built?
23948 115th Ln was built in 2006.
How does 23948 115th Ln compare to others on 115th Ln?
We track 8 other properties on 115th Ln. Browse the list under "Other properties on 115th Ln" to compare beds, baths, and sale history.
What are the property facts for 23948 115th Ln?
23948 115th Ln is a 2 bed, 2 bath, 1,088 sqft condos.
Is 23948 115th Ln a flip candidate?
No — 23948 115th Ln does not appear in our flips dataset.
Is 23948 115th Ln a tax-appeal candidate?
No — 23948 115th Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.2%
Implied 1-yr
+17.0%
2026 Q3
$2.49M
2026 Q4
$2.58M
ZIP 98053 — Median Price History + Forecast

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