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5110 240th Ave

Redmond, WA 98053

4 bd 3 ba 3,150 sqft Built 1988 Lot 58,806 sqft single_family
Most recent sale
$2,350,000
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $2,350,000 MLS #1902804
Mar 31, 2022 Listed $1,998,000 MLS #1902804
Mar 18, 1988 Sold $175,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,302,000 $557,000 $1,859,000 $15,501
2024 $1,116,000 $557,000 $1,673,000 $13,766
2023 $1,144,000 $538,000 $1,682,000 $14,564
2022 $719,000 $372,000 $1,091,000 $11,137
2021 $599,000 $331,000 $930,000 $10,434
2020 $587,000 $329,000 $916,000 $10,163
2019 $559,000 $321,000 $880,000 $9,515
2018 $496,000 $334,000 $830,000 $9,959
2017 $454,000 $306,000 $760,000 $8,888
2016 $427,000 $288,000 $715,000 $8,558
2015 $402,000 $277,000 $679,000 $8,354
2014 $351,000 $242,000 $593,000 $7,879
2013 $324,000 $226,000 $550,000 $7,506
2012 $314,000 $255,000 $569,000 $7,152
2011 $306,000 $276,000 $582,000 $6,946
2010 $306,000 $276,000 $582,000 $6,710
2009 $404,000 $276,000 $680,000 $6,642
2007 $364,000 $249,000 $613,000 $6,221

Property facts

Year built
1988
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,150 sqft
Lot size
58,806 sqft
ZIP code
98053
City
Redmond
Street
240th Ave
Coordinates
47.65221, -122.01742

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,245
Gross rental yield
3.70%
Implied cap rate
2.40%
Trend-extrapolated value

Frequently asked questions

When did 5110 240th Ave last sell?
5110 240th Ave most recently sold on May 11, 2022 for $2,350,000.
What is the current tax assessment for 5110 240th Ave?
The most recent total assessment for 5110 240th Ave (year 2025) is $1,859,000 with $15,501 in property tax.
How does 5110 240th Ave's assessment compare to its last sale price?
The current assessment is 20.9% below the last sale price of $2,350,000.
When was 5110 240th Ave built?
5110 240th Ave was built in 1988.
How does 5110 240th Ave compare to others on 240th Ave?
We track 8 other properties on 240th Ave. Browse the list under "Other properties on 240th Ave" to compare beds, baths, and sale history.
What are the property facts for 5110 240th Ave?
5110 240th Ave is a 4 bed, 3 bath, 3,150 sqft, 58,806 sqft lot single_family.
Is 5110 240th Ave a flip candidate?
No — 5110 240th Ave does not appear in our flips dataset.
Is 5110 240th Ave a tax-appeal candidate?
No — 5110 240th Ave 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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