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5308 245th Ave

Redmond, WA 98053

3 bd 2 ba 2,021 sqft Built 1996 Lot 72,353 sqft single_family
Most recent sale
$1,437,000
Nov 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2025 Sold $1,355,000 NWMLS
Oct 21, 2025 Price changed $1,398,000 NWMLS
Sep 11, 2025 Price changed $1,425,000 NWMLS
Aug 27, 2025 Price changed $1,495,000 NWMLS
Aug 19, 2025 Price changed $1,525,000 NWMLS
Aug 13, 2025 Price changed $1,535,000 NWMLS
Jul 17, 2025 Listed $1,550,000 NWMLS
Nov 22, 2021 Sold $1,437,000 Public Record
Nov 19, 2021 Sold $1,437,000 MLS #1856394
Oct 22, 2021 Listed $1,225,000 MLS #1856394
Apr 7, 2017 Sold $786,000 MLS #1084004
Mar 2, 2017 Listed $689,000 MLS #1084004
Apr 30, 1996 Sold $74,500 Public Record
Nov 9, 1994 Sold $169,528 Public Record
Oct 29, 1993 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $683,000 $551,000 $1,234,000 $10,900
2024 $613,000 $551,000 $1,164,000 $9,968
2023 $674,000 $578,000 $1,252,000 $10,928
2022 $465,000 $400,000 $865,000 $8,894
2021 $381,000 $356,000 $737,000 $8,333
2020 $373,000 $353,000 $726,000 $8,119
2019 $353,000 $345,000 $698,000 $7,610
2018 $278,000 $260,000 $538,000 $6,544
2017 $255,000 $238,000 $493,000 $5,854
2016 $240,000 $224,000 $464,000 $5,619
2015 $241,000 $216,000 $457,000 $5,683
2014 $210,000 $189,000 $399,000 $5,360
2013 $200,000 $176,000 $376,000 $5,181
2012 $170,000 $205,000 $375,000 $4,775
2011 $186,000 $222,000 $408,000 $4,617
2010 $186,000 $222,000 $408,000 $4,731
2009 $255,000 $222,000 $477,000 $4,686
2007 $230,000 $200,000 $430,000 $4,302

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,021 sqft
Lot size
72,353 sqft
ZIP code
98053
City
Redmond
Street
245th Ave
Coordinates
47.65559, -122.01164

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,648
Gross rental yield
3.88%
Implied cap rate
2.52%
Trend-extrapolated value

Frequently asked questions

When did 5308 245th Ave last sell?
5308 245th Ave most recently sold on Nov 22, 2021 for $1,437,000.
What is the current tax assessment for 5308 245th Ave?
The most recent total assessment for 5308 245th Ave (year 2025) is $1,234,000 with $10,900 in property tax.
How does 5308 245th Ave's assessment compare to its last sale price?
The current assessment is 14.1% below the last sale price of $1,437,000.
When was 5308 245th Ave built?
5308 245th Ave was built in 1996.
How does 5308 245th Ave compare to others on 245th Ave?
We track 6 other properties on 245th Ave. Browse the list under "Other properties on 245th Ave" to compare beds, baths, and sale history.
What are the property facts for 5308 245th Ave?
5308 245th Ave is a 3 bed, 2 bath, 2,021 sqft, 72,353 sqft lot single_family.
Is 5308 245th Ave a flip candidate?
No — 5308 245th Ave does not appear in our flips dataset.
Is 5308 245th Ave a tax-appeal candidate?
No — 5308 245th 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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