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8303 261st Ave

Redmond, WA 98053

4 bd 2 ba 2,930 sqft Built 1986 Lot 1,126,461 sqft single_family
Most recent sale
$2,000,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $2,000,000 MLS #1924133
May 5, 2022 Listed $2,188,500 MLS #1924133
Aug 16, 1991 Sold $500,000 Public Record
Mar 16, 1990 Sold $469,120 Public Record
Apr 4, 1984 Sold $185,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,551,000 $717,000 $2,268,000 $20,436
2024 $1,421,000 $717,000 $2,138,000 $16,513
2023 $1,265,000 $758,000 $2,023,000 $18,350
2022 $874,000 $524,000 $1,398,000 $15,492
2021 $725,000 $466,000 $1,191,000 $14,611
2020 $725,000 $466,000 $1,191,000 $14,508
2019 $711,000 $462,000 $1,173,000 $13,663
2018 $676,000 $451,000 $1,127,000 $13,197
2017 $525,000 $477,000 $1,002,000 $12,180
2016 $480,000 $437,000 $917,000 $11,952
2015 $451,000 $412,000 $863,000 $11,736
2014 $454,000 $396,000 $850,000 $11,176
2013 $396,000 $346,000 $742,000 $10,673
2012 $375,000 $323,000 $698,000 $10,533
2011 $366,000 $414,000 $780,000 $10,522
2010 $400,000 $448,000 $848,000 $10,467
2009 $542,000 $448,000 $990,000 $10,415
2007 $488,000 $404,000 $892,000 $9,266

Property facts

Year built
1986
Property type
single_family
Stories
Beds
4
Baths
2
Living area
2,930 sqft
Lot size
1,126,461 sqft
ZIP code
98053
City
Redmond
Street
261st Ave
Coordinates
47.67629, -121.99135

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,739
Gross rental yield
4.04%
Implied cap rate
2.63%
Trend-extrapolated value

Frequently asked questions

When did 8303 261st Ave last sell?
8303 261st Ave most recently sold on May 31, 2022 for $2,000,000.
What is the current tax assessment for 8303 261st Ave?
The most recent total assessment for 8303 261st Ave (year 2025) is $2,268,000 with $20,436 in property tax.
How does 8303 261st Ave's assessment compare to its last sale price?
The current assessment is 13.4% above the last sale price of $2,000,000.
When was 8303 261st Ave built?
8303 261st Ave was built in 1986.
How does 8303 261st Ave compare to others on 261st Ave?
We track 1 other property on 261st Ave. Browse the list under "Other properties on 261st Ave" to compare beds, baths, and sale history.
What are the property facts for 8303 261st Ave?
8303 261st Ave is a 4 bed, 2 bath, 2,930 sqft, 1,126,461 sqft lot single_family.
Is 8303 261st Ave a flip candidate?
No — 8303 261st Ave does not appear in our flips dataset.
Is 8303 261st Ave a tax-appeal candidate?
No — 8303 261st 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

Explore nearby

Other properties on 261st Ave