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20535 Novelty Hill Rd

Redmond, WA 98053

4 bd 4 ba 4,600 sqft Built 2009 Lot 144,489 sqft single_family
Most recent sale
$2,740,000
Apr 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2022 Sold $2,740,000 MLS #1903557
Mar 22, 2022 Listed $2,195,000 MLS #1903557
Apr 29, 2016 Sold $1,350,000 MLS #903569
Mar 3, 2016 Listed $1,400,000 MLS #903569
Aug 20, 2012 Sold $975,000 Public Record
May 28, 2012 Listing removed $988,750 NWMLS
Mar 23, 2012 Relisted $988,750 MLS #262409
Dec 30, 2011 Listing removed $969,950 NWMLS
Dec 23, 2011 Relisted $969,950 MLS #262409
Dec 21, 2011 Listing removed $990,750 NWMLS
Dec 11, 2011 Relisted $990,750 MLS #262409
Dec 10, 2011 Listing removed $1,000,000 NWMLS
Nov 10, 2011 Price changed $1,000,000 MLS #262409
Oct 21, 2011 Price changed $1,050,000 MLS #262409
Aug 12, 2011 Listed $1,075,000 MLS #262409
Oct 22, 2007 Sold $399,000 Public Record
Jun 29, 2007 Sold $375,000 Public Record
Jan 5, 2006 Sold $495,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,967,000 $618,000 $2,585,000 $21,403
2024 $1,708,000 $618,000 $2,326,000 $20,280
2023 $1,824,000 $674,000 $2,498,000 $21,465
2022 $1,260,000 $466,000 $1,726,000 $17,442
2021 $1,056,000 $415,000 $1,471,000 $16,327
2020 $1,056,000 $415,000 $1,471,000 $15,889
2019 $1,036,000 $412,000 $1,448,000 $14,865
2018 $989,000 $402,000 $1,391,000 $14,895
2017 $916,000 $336,000 $1,252,000 $13,275
2016 $838,000 $308,000 $1,146,000 $12,811
2015 $788,000 $290,000 $1,078,000 $12,493
2014 $744,000 $279,000 $1,023,000 $11,776
2013 $649,000 $244,000 $893,000 $11,220
2012 $600,000 $228,000 $828,000 $11,850
2011 $640,000 $310,000 $950,000 $11,501
2010 $601,000 $336,000 $937,000 $10,728
2009 $336,000 $336,000 $3,234
2007 $303,000 $303,000 $3,565

Property facts

Year built
2009
Property type
single_family
Stories
Beds
4
Baths
4
Living area
4,600 sqft
Lot size
144,489 sqft
ZIP code
98053
City
Redmond
Street
Novelty Hill Rd
Coordinates
47.68819, -122.06579

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$10,580
Gross rental yield
4.63%
Implied cap rate
3.01%
Trend-extrapolated value

Frequently asked questions

When did 20535 Novelty Hill Rd last sell?
20535 Novelty Hill Rd most recently sold on Apr 12, 2022 for $2,740,000.
What is the current tax assessment for 20535 Novelty Hill Rd?
The most recent total assessment for 20535 Novelty Hill Rd (year 2025) is $2,585,000 with $21,403 in property tax.
How does 20535 Novelty Hill Rd's assessment compare to its last sale price?
The current assessment is 5.7% below the last sale price of $2,740,000.
When was 20535 Novelty Hill Rd built?
20535 Novelty Hill Rd was built in 2009.
How does 20535 Novelty Hill Rd compare to others on Novelty Hill Rd?
We track 8 other properties on Novelty Hill Rd. Browse the list under "Other properties on Novelty Hill Rd" to compare beds, baths, and sale history.
What are the property facts for 20535 Novelty Hill Rd?
20535 Novelty Hill Rd is a 4 bed, 4 bath, 4,600 sqft, 144,489 sqft lot single_family.
Is 20535 Novelty Hill Rd a flip candidate?
No — 20535 Novelty Hill Rd does not appear in our flips dataset.
Is 20535 Novelty Hill Rd a tax-appeal candidate?
No — 20535 Novelty Hill Rd 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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