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12513 232nd Ter

Redmond, WA 98053

2 bd 2 ba 1,855 sqft Built 2003 Lot 6,162 sqft single_family
Most recent sale
$950,000
Jan 25, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 26, 2023 Listing removed NWMLS
Jan 25, 2023 Sold $950,000 Public Record
Oct 25, 2022 Price changed $998,000 NWMLS
Oct 6, 2022 Price changed $1,078,000 NWMLS
Sep 23, 2022 Listed $1,125,000 NWMLS
Sep 5, 2008 Sold $549,000 Public Record
Oct 10, 2003 Sold $374,159 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $734,000 $451,000 $1,185,000 $9,870
2024 $620,000 $430,000 $1,050,000 $9,088
2023 $669,000 $454,000 $1,123,000 $9,837
2022 $506,000 $322,000 $828,000 $8,526
2021 $420,000 $301,000 $721,000 $8,158
2020 $430,000 $311,000 $741,000 $8,279
2019 $392,000 $282,000 $674,000 $7,358
2018 $373,000 $269,000 $642,000 $7,760
2017 $343,000 $244,000 $587,000 $6,922
2016 $326,000 $234,000 $560,000 $6,743
2015 $305,000 $232,000 $537,000 $6,645
2014 $263,000 $200,000 $463,000 $6,191
2013 $241,000 $183,000 $424,000 $5,822
2012 $264,000 $187,000 $451,000 $5,702
2011 $258,000 $203,000 $461,000 $5,535
2009 $335,000 $203,000 $538,000 $5,280
2007 $302,000 $183,000 $485,000 $4,747

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,855 sqft
Lot size
6,162 sqft
ZIP code
98053
City
Redmond
Street
232nd Ter
Coordinates
47.71072, -122.02968

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,267
Gross rental yield
5.39%
Implied cap rate
3.50%
Trend-extrapolated value

Frequently asked questions

When did 12513 232nd Ter last sell?
12513 232nd Ter most recently sold on Jan 25, 2023 for $950,000.
What is the current tax assessment for 12513 232nd Ter?
The most recent total assessment for 12513 232nd Ter (year 2025) is $1,185,000 with $9,870 in property tax.
How does 12513 232nd Ter's assessment compare to its last sale price?
The current assessment is 24.7% above the last sale price of $950,000.
When was 12513 232nd Ter built?
12513 232nd Ter was built in 2003.
How does 12513 232nd Ter compare to others on 232nd Ter?
We track 8 other properties on 232nd Ter. Browse the list under "Other properties on 232nd Ter" to compare beds, baths, and sale history.
What are the property facts for 12513 232nd Ter?
12513 232nd Ter is a 2 bed, 2 bath, 1,855 sqft, 6,162 sqft lot single_family.
Is 12513 232nd Ter a flip candidate?
No — 12513 232nd Ter does not appear in our flips dataset.
Is 12513 232nd Ter a tax-appeal candidate?
Yes — 12513 232nd Ter appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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