7225 245th Way
Redmond, WA 98053
4 bd 3 ba 3,630 sqft Built 1996 Lot 48,576 sqft single_family
Most recent sale
$1,700,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 9, 2022 | Sold | $1,700,000 | MLS #1974699 |
| Jul 29, 2022 | Listed | $1,690,000 | MLS #1974699 |
| Apr 22, 2022 | Listed | $1,950,000 | MLS #1920607 |
| Dec 10, 2013 | Sold | $673,000 | Public Record |
| Aug 14, 2009 | Sold | $691,000 | Public Record |
| Jul 24, 2009 | Listing removed | $699,900 | NWMLS |
| Jul 15, 2009 | Price changed | $699,900 | MLS #29019485 |
| Feb 6, 2009 | Listed | $749,999 | MLS #29019485 |
| Apr 3, 1998 | Sold | $399,950 | Public Record |
| Mar 19, 1998 | Sold | $399,950 | Public Record |
| Jun 14, 1996 | Sold | $364,950 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,290,000 | $596,000 | $1,886,000 | $16,449 |
| 2024 | $1,182,000 | $596,000 | $1,778,000 | $13,002 |
| 2023 | $1,082,000 | $565,000 | $1,647,000 | $14,268 |
| 2022 | $747,000 | $391,000 | $1,138,000 | $11,604 |
| 2021 | $622,000 | $348,000 | $970,000 | $10,870 |
| 2020 | $610,000 | $345,000 | $955,000 | $10,583 |
| 2019 | $581,000 | $337,000 | $918,000 | $9,913 |
| 2018 | $616,000 | $308,000 | $924,000 | $11,058 |
| 2017 | $564,000 | $282,000 | $846,000 | $9,865 |
| 2016 | $530,000 | $266,000 | $796,000 | $9,507 |
| 2015 | $435,000 | $256,000 | $691,000 | $8,498 |
| 2014 | $379,000 | $224,000 | $603,000 | $8,009 |
| 2013 | $359,000 | $209,000 | $568,000 | $7,746 |
| 2012 | $401,000 | $236,000 | $637,000 | $7,987 |
| 2011 | $437,000 | $256,000 | $693,000 | $7,759 |
| 2010 | $437,000 | $256,000 | $693,000 | $7,966 |
| 2009 | $553,000 | $256,000 | $809,000 | $7,879 |
| 2007 | $498,000 | $231,000 | $729,000 | $7,377 |
Property facts
Year built
1996
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
3,630 sqft
Lot size
48,576 sqft
ZIP code
98053
City
Redmond
Street
245th Way
Coordinates
47.66949, -122.01305
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$8,349
Gross rental yield
5.89%
Implied cap rate
3.83%
Trend-extrapolated value
—
Frequently asked questions
When did 7225 245th Way last sell?
7225 245th Way most recently sold on Sep 9, 2022 for $1,700,000.
What is the current tax assessment for 7225 245th Way?
The most recent total assessment for 7225 245th Way (year 2025) is $1,886,000 with $16,449 in property tax.
How does 7225 245th Way's assessment compare to its last sale price?
The current assessment is 10.9% above the last sale price of $1,700,000.
When was 7225 245th Way built?
7225 245th Way was built in 1996.
How does 7225 245th Way compare to others on 245th Way?
We track 8 other properties on 245th Way. Browse the list under "Other properties on 245th Way" to compare beds, baths, and sale history.
What are the property facts for 7225 245th Way?
7225 245th Way is a 4 bed, 3 bath, 3,630 sqft, 48,576 sqft lot single_family.
Is 7225 245th Way a flip candidate?
No — 7225 245th Way does not appear in our flips dataset.
Is 7225 245th Way a tax-appeal candidate?
No — 7225 245th Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.2%
Implied 1-yr
+17.0%
2026 Q3
$2.49M
2026 Q4
$2.58M
ZIP 98053 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 245th Way