9387 Redmond Woodinville Rd Redmond WA 98052
$1,650,000 For Sale (33 Days Online)
4 beds
2 Bath
2,000 SQFT
Built 1951
Lot 20,473 sqft
1-Car Garage
2 Bedrooms Up, 0 Main, 2 Down
Rare opportunity to develop close-in townhomes. Just minutes to downtown Redmond with convenient proximity to Microsoft, Redmond Town Center, Marymoor Park, and 520, with easy access to Seattle and Woodinville's Wine Country. The site is currently utilized as a duplex but is Zoned R-12. Current preliminary feasibility study indicates the potential to construct a 5 unit townhome building, each on a separate lot. Rental income will reduce holding costs while going through development phases. Adjacent Rivertrail townhomes are selling in the low $900,000s. The site sits above the valley, so townhomes should have wonderful territorial views. Existing duplex is well maintained and consistently rented. Perfect 1031 exchange property or investment.
Offer Review Plan
Will review an offer when submitted
NWMLS Listing #
1874062
Listed by
Jim McCarthy, Coldwell Banker Danforth
Contact
John L Scott
Phone...
Listing Details
  • Status
    For Sale
  • Price
    $1,650,000
  • Original Price
    Same as current
  • List Date
    December 17, 2021
  • Last Update
    December 23, 2021
  • Days on Market
    33 Days
  • Cumulative DOM
    33 Days
  • $/sqft (Total)
    $825/sqft
  • $/sqft (Finished)
    Same
  • Listing Source
  • MLS Number
    1874062
  • Listing Broker
    Jim McCarthy
  • Listing Office
    Coldwell Banker Danforth
Monthly Payment Estimate
  • TOTAL
    $6,140 / month

  • Principal and Interest
    $5,565 / month
  • Property Taxes
    $433 / month
  • Homeowners Insurance
    $142 / month

  • based on 20% down
    ($330,000)
  • and a
    3% Interest Rate
House Details
  • Sqft (Total)
    2,000 sqft
  • Sqft (Finished)
    2,000 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    House
  • Sub Type
    1 Story + Basement
  • Bedrooms
    4 Bedrooms
  • Bathrooms
    2 Bathrooms
  • Lot Size
    20,473 sqft
  • Lot Size Source
    KCR
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    2 stories
  • Basement
    Finished
  • Sqft Source
    Owner
Layout
  • Upper Floor
    2 Bedrooms
    1 Bathroom
  • Lower Floor
    2 Bedrooms
    1 Bathroom
Property Tax Info
  • 2021 Property Taxes
    $5,201 / year
  • Senior Exemption
    No
Parcel
Schools
  • School District
    Lake Washington
  • Elementary
    Rockwell Elem
  • Middle
    Redmond Middle
  • High School
    Redmond High
HOA
  • HOA Dues
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    1-Car
Views
  • Territorial
Construction
  • Year Built
    1951
  • Home Builder
    Unspecified
  • Roof
    Composition
  • Exterior
    Metal/Vinyl
    Wood
  • Foundation
    Poured Concrete
HVAC
  • Includes
    Forced Air
Interior
  • Flooring
    Vinyl
    Carpet
Property
  • Lot Features
    Paved
  • Property Features
    Forced Air
    Wall to Wall Carpet
    Double Pane/Storm Window
    Dining Room
    Water Heater
    Paved
    Forced Air
    Barn
    Deck
    Fenced-Partially
    Gas Available
    High Speed Internet
    Patio
    RV Parking
    RV Parking
    Driveway
    Attached Garage
    Off Street
  • Site Features
    Barn
    Deck
    Fenced-Partially
    Gas Available
    High Speed Internet
    Patio
    RV Parking
Appliances
  • Included
    Dishwasher
    Dryer
    Disposal
    Microwave
    Refrigerator
    Stove/Range
    Washer
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Energy
    Electric
    Natural Gas
  • Sewer
    Available
    Septic Tank
Additional Info
  • Zoning Type
    R-12
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • MLS Area #
    Area 550
  • Landcast ID
    5010698
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.