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12437 232nd Way

Redmond, WA 98053

2 bd 2 ba 1,365 sqft Built 2003 Lot 3,905 sqft townhomes
Most recent sale
$887,500
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2022 Sold $887,500 MLS #1968247
Jul 15, 2022 Listed $875,000 MLS #1968247
Sep 14, 2018 Sold $600,000 Public Record
Jul 22, 2018 Relisted $615,000 MLS #1308059
Jun 15, 2018 Listed $628,000 MLS #1308059
Jan 28, 2011 Price changed $299,900 MLS #137657
Jan 1, 2011 Relisted $309,900 MLS #137657
Dec 4, 2010 Price changed $325,000 MLS #137657
Nov 4, 2010 Price changed $339,900 MLS #137657
Sep 30, 2010 Listed $352,000 MLS #137657
Aug 14, 2010 Price changed $379,000 MLS #95145
Jun 28, 2010 Listed $394,000 MLS #95145
Sep 24, 2007 Sold $417,000 Public Record
Aug 15, 2003 Sold $287,528 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $479,000 $364,000 $843,000 $7,131
2024 $400,000 $347,000 $747,000 $6,565
2023 $463,000 $366,000 $829,000 $7,351
2022 $351,000 $260,000 $611,000 $6,372
2021 $266,000 $257,000 $523,000 $6,002
2020 $266,000 $257,000 $523,000 $6,085
2019 $271,000 $266,000 $537,000 $4,934
2018 $229,000 $241,000 $470,000 $915
2017 $218,000 $230,000 $448,000 $979
2016 $202,000 $208,000 $410,000 $1,026
2015 $191,000 $200,000 $391,000 $1,041
2014 $178,000 $190,000 $368,000 $1,118
2013 $154,000 $164,000 $318,000 $4,193
2012 $152,000 $150,000 $302,000 $4,380
2011 $172,000 $172,000 $344,000 $4,257
2010 $166,000 $186,000 $352,000 $4,107
2009 $225,000 $186,000 $411,000 $4,063
2007 $203,000 $168,000 $371,000 $3,665

Property facts

Year built
2003
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
1,365 sqft
Lot size
3,905 sqft
ZIP code
98053
City
Redmond
Street
232nd Way
Coordinates
47.70996, -122.03072

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,140
Gross rental yield
4.25%
Implied cap rate
2.76%
Trend-extrapolated value

Frequently asked questions

When did 12437 232nd Way last sell?
12437 232nd Way most recently sold on Aug 30, 2022 for $887,500.
What is the current tax assessment for 12437 232nd Way?
The most recent total assessment for 12437 232nd Way (year 2025) is $843,000 with $7,131 in property tax.
How does 12437 232nd Way's assessment compare to its last sale price?
The current assessment is 5.0% below the last sale price of $887,500.
When was 12437 232nd Way built?
12437 232nd Way was built in 2003.
How does 12437 232nd Way compare to others on 232nd Way?
We track 8 other properties on 232nd Way. Browse the list under "Other properties on 232nd Way" to compare beds, baths, and sale history.
What are the property facts for 12437 232nd Way?
12437 232nd Way is a 2 bed, 2 bath, 1,365 sqft, 3,905 sqft lot townhomes.
Is 12437 232nd Way a flip candidate?
No — 12437 232nd Way does not appear in our flips dataset.
Is 12437 232nd Way a tax-appeal candidate?
No — 12437 232nd 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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