17160 Avondale Way
17160 Avondale Way
Redmond, WA 98052
$3,500,000
Last Sold Price
19
Beds
11
Baths
7,784 Sq. Ft.
$450 / Sq. Ft.
7,784
Sq. Ft.
$450
per Sq. Ft.
Sold 12/30/21
Sold 12/30/21
Listing provided courtesy of Real Property Associates, Pellego, Inc.
Description
The Cascadia Apartments are an updated and incredibly well located 11 unit apartment building across from Bear Creek Village and steps to Redmond Town Center and downtown Redmond. Three 1 bedroom/1 bath units; Eight 2 bedroom/1 bath units, with abundant parking. Apartments are on a BC zoned 17,424' lot and this sale includes a second 21,607' tax parcel zoned R5, which allow for overflow parking or future development. Unique opportunity for this size of an investment in this phenomenal location!The Cascadia Apartments are an updated and incredibly well located 11 unit apartment building across from Bear Creek Village and steps to Redmond Town Center and downtown Redmond. Three 1 bedroom/1 bath units; Eight 2 bedroom/1 bath units, with abundant parking. Apartments are on a BC zoned 17,424' lot and this sale includes a second 21,607' tax parcel zoned R5, which allow for overflow parking or future development. Unique opportunity for this size of an investment in this phenomenal location!
- Listed by Torrey Morales • Real Property Associates
- Listed by Gordon Stephenson • Real Property Associates
Property Details for 17160 Avondale Way
Community Name
Downtown Redmond
School DistrictLake Washington
Number of Assigned Spaces20
Total Covered Parking0
Entry Date08-24-2021
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Real Property Associates![]()
Sold By Pellego, Inc.
Add your commute
LISTING UPDATED: 12/31/2021 10:52 AM
Property Details for 17160 Avondale Way
| Status | Sold |
|---|---|
| MLS # | 1829784 |
| Days on Market | 69 |
| Cumulative Days on Market | 909 |
| Taxes | $26,621 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1968 |
| Lot Size | 0.90 AC / 39,031 SF |
| County | King County |
Location
Listing Courtesy of Real Property Associates![]()
Sold By Pellego, Inc.
Add your commute
Building Information for 17160 Avondale Way
Stories2Residences11Year Built1968Building Size-Lot Size0.90 AC / 39,031 SF
Payment Calculator
$21,319 per month
30 year fixed, 7.25% Interest
Principal and Interest
$19,101
Property Taxes
$2,218
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 17160 Avondale Way
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 550 - Redmond/Carnation
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: From I-5 S take exit 168B for WA-520 toward Bellevue/ Kirkland, turn left onto NE 80th St/ NE Union Hill Rd, left onto Avondale Way.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2021
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 20.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Laminate, Carpet
- Features: Laminate, Wall to Wall Carpet
- Amenities: Coin Op Laundry,Storage
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Flat
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Baseboard
- Water Source: Public
- Water/Sewer/Garbage: 5555
- Power Production Type: Electric
- Utilities: Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Business,Commercial,Multi-Family,Retail,See Remarks
- First Right Of Refusal: false
- Possible Use: Business, Commercial, Multi-Family, Retail, See Remarks
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1968
- Photos Count: 16
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Source: Public Records
- Parcel Number Free Text: 1225059064
- Building Condition: Good
- Calculated Square Footage: 7784
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 7784.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 20
- Number of Stories in Building: 2
- Vacancy Rate: 3
- Number Of Units Total: 11
- Units Below Grade: false
- Units In Building Total: 11
Financing / Income and Expenses
- Electric Expense: $1,188
- Total Expenses: 74379
- Gross Adjusted Income: 180132
- Gross Rent Multiplier: 24
- Gross Scheduled Income: $185,704
- Insurance Expense: $3,092
- Net Operating Income: $105,753
- Other Expenses: $37,923
- Total Monthly Income: 185704
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 715
- Rent Unit 1: $1,395.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 715
- Rent Unit 2: $1,495.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 715
- Rent Unit 3: $1,595.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 715
- Rent Unit 4: $1,450.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 5
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 715
- Rent Unit 5: $1,295.00
- Bedrooms Unit 5: 2
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 6
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Square Feet Unit 6: 715
- Rent Unit 6: $1,450.00
- Bedrooms Unit 6: 2
- Fireplaces Unit 6: 0
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 7
- Washer/Dryer Unit 7: false
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: true
- Square Feet Unit 7: 675
- Rent Unit 7: $1,295.00
- Bedrooms Unit 7: 1
- Fireplaces Unit 7: 0
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 8
- Washer/Dryer Unit 8: false
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: true
- Square Feet Unit 8: 675
- Rent Unit 8: $1,195.00
- Bedrooms Unit 8: 1
- Fireplaces Unit 8: 0
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 9
- Washer/Dryer Unit 9: false
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Dishwasher Unit 9: true
- Square Feet Unit 9: 675
- Rent Unit 9: $1,295.00
- Bedrooms Unit 9: 1
- Fireplaces Unit 9: 0
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 10
- Washer/Dryer Unit 10: false
- Range/Oven Unit 10: true
- Refrigerator Unit 10: true
- Dishwasher Unit 10: true
- Square Feet Unit 10: 715
- Rent Unit 10: $1,495.00
- Bedrooms Unit 10: 2
- Fireplaces Unit 10: 0
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: 11
- Washer/Dryer Unit 11: false
- Range/Oven Unit 11: true
- Refrigerator Unit 11: true
- Dishwasher Unit 11: true
- Square Feet Unit 11: 715
- Rent Unit 11: $1,495.00
- Bedrooms Unit 11: 2
- Fireplaces Unit 11: 0
- Bathrooms Unit 11: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 7784.0
- Leasable Area Units: Square Feet
Property History for 17160 Avondale Way
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 17160 Avondale Way
Taxable ValueLand$1,742,400Additions$1,419,600Total$3,162,000
Tax Record2022$23,227 ($1,936 / month)
Home Facts
Total Finished SqFt7,744 SqFtAbove Ground SqFt7,744 SqFtStories2Lot Size17,424 SqFtStyleMulti-Family Dwelling (2-4)Year Built1968Year Renovated1992ZoningBCCountyKINGAPN122505-9064
Schools near 17160 Avondale Way
This home is within Lake Washington School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Redmond Elementary School PublicK to 5 | ||
Redmond Middle School Public6 to 8 | ||
Redmond High School Public9 to 12 | ||
Contractual Schools PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Real Property Associates
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.