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12420 240th Pl

Redmond, WA 98053

2 bd 2 ba 1,510 sqft Built 2011 Lot 3,949 sqft townhomes
Most recent sale
$1,307,500
Mar 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 17, 2022 Sold $1,307,500 MLS #1884628
Feb 10, 2022 Listed $958,000 MLS #1884628
Sep 25, 2018 Sold $682,000 MLS #1343423
Sep 8, 2018 Relisted $685,000 MLS #1343423
Aug 16, 2018 Listing removed $685,000 NWMLS
Aug 9, 2018 Listed $685,000 MLS #1343423
Sep 12, 2011 Sold $404,075 Public Record
Jan 4, 2008 Sold $11,606,784 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $569,000 $383,000 $952,000 $8,008
2024 $479,000 $365,000 $844,000 $7,367
2023 $550,000 $385,000 $935,000 $8,247
2022 $416,000 $273,000 $689,000 $7,146
2021 $325,000 $271,000 $596,000 $6,797
2020 $332,000 $280,000 $612,000 $6,891
2019 $281,000 $254,000 $535,000 $5,903
2018 $268,000 $242,000 $510,000 $6,217
2017 $247,000 $219,000 $466,000 $5,547
2016 $235,000 $210,000 $445,000 $5,396
2015 $204,000 $199,000 $403,000 $5,032
2014 $202,000 $172,000 $374,000 $5,035
2013 $198,000 $157,000 $355,000 $4,900
2012 $198,000 $198,000 $4,226
2011 $215,000 $215,000 $2,378
2010 $215,000 $215,000 $2,445
2009 $215,000 $215,000 $2,073

Property facts

Year built
2011
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
1,510 sqft
Lot size
3,949 sqft
ZIP code
98053
City
Redmond
Street
240th Pl
Coordinates
47.70846, -122.01868

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
$7,845
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 12420 240th Pl last sell?
12420 240th Pl most recently sold on Mar 17, 2022 for $1,307,500.
What is the current tax assessment for 12420 240th Pl?
The most recent total assessment for 12420 240th Pl (year 2025) is $952,000 with $8,008 in property tax.
How does 12420 240th Pl's assessment compare to its last sale price?
The current assessment is 27.2% below the last sale price of $1,307,500.
When was 12420 240th Pl built?
12420 240th Pl was built in 2011.
How does 12420 240th Pl compare to others on 240th Pl?
We track 8 other properties on 240th Pl. Browse the list under "Other properties on 240th Pl" to compare beds, baths, and sale history.
What are the property facts for 12420 240th Pl?
12420 240th Pl is a 2 bed, 2 bath, 1,510 sqft, 3,949 sqft lot townhomes.
Is 12420 240th Pl a flip candidate?
No — 12420 240th Pl does not appear in our flips dataset.
Is 12420 240th Pl a tax-appeal candidate?
No — 12420 240th Pl 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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