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8740 228th Way

Redmond, WA 98053

4 bd 3 ba 2,620 sqft Built 2004 Lot 7,722 sqft single_family
Most recent sale
$1,530,000
Nov 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 10, 2021 Sold $1,530,000 MLS #1826752
Oct 16, 2021 Listed $1,259,950 MLS #1826752
Jul 13, 2004 Sold $383,235 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,186,000 $434,000 $1,620,000 $13,557
2024 $1,024,000 $434,000 $1,458,000 $11,446
2023 $956,000 $436,000 $1,392,000 $12,111
2022 $660,000 $302,000 $962,000 $9,856
2021 $551,000 $269,000 $820,000 $9,236
2020 $551,000 $269,000 $820,000 $9,001
2019 $541,000 $267,000 $808,000 $8,845
2018 $555,000 $261,000 $816,000 $8,018
2017 $414,000 $250,000 $664,000 $6,877
2016 $354,000 $229,000 $583,000 $6,614
2015 $333,000 $216,000 $549,000 $6,453
2014 $313,000 $208,000 $521,000 $5,893
2013 $258,000 $182,000 $440,000 $5,609
2012 $238,000 $170,000 $408,000 $5,253
2011 $228,000 $187,000 $415,000 $5,106
2010 $221,000 $203,000 $424,000 $4,922
2009 $292,000 $203,000 $495,000 $4,869
2007 $263,000 $183,000 $446,000 $4,471

Property facts

Year built
2004
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,620 sqft
Lot size
7,722 sqft
ZIP code
98053
City
Redmond
Street
228th Way
Coordinates
47.68016, -122.03450

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
$6,026
Gross rental yield
4.73%
Implied cap rate
3.07%
Trend-extrapolated value

Frequently asked questions

When did 8740 228th Way last sell?
8740 228th Way most recently sold on Nov 10, 2021 for $1,530,000.
What is the current tax assessment for 8740 228th Way?
The most recent total assessment for 8740 228th Way (year 2025) is $1,620,000 with $13,557 in property tax.
How does 8740 228th Way's assessment compare to its last sale price?
The current assessment is 5.9% above the last sale price of $1,530,000.
When was 8740 228th Way built?
8740 228th Way was built in 2004.
How does 8740 228th Way compare to others on 228th Way?
We track 8 other properties on 228th Way. Browse the list under "Other properties on 228th Way" to compare beds, baths, and sale history.
What are the property facts for 8740 228th Way?
8740 228th Way is a 4 bed, 3 bath, 2,620 sqft, 7,722 sqft lot single_family.
Is 8740 228th Way a flip candidate?
No — 8740 228th Way does not appear in our flips dataset.
Is 8740 228th Way a tax-appeal candidate?
No — 8740 228th Way 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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