Zip Code
4802 228th Ave NE, Redmond, WA 98053
3 beds · 2 baths · 1,500 sq ft · Lot: 30,450 sq ft · Single Family Home · Last Sold: $748K in 2020 · Built: 1981
Est. Rent:
$2.9K/month

4802 228th Ave NE Redmond, WA 98053

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3 beds · 2 baths · 1,500 sq ft · Lot Size: 30,450 sq ft · Single Family Home

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4802 228th Ave NE is in the 98053 neighborhood of Redmond, WA. It is located in King County and ZIP code 98053. This Single Family Home was built in 1981 and is approximately 44 years old. The single family home spans 1500 sq ft with 3 bedrooms and 2 bathrooms and sits on a 30450 sq ft lot. According to public records, it was last sold in 2020 for $748,000 and has a tax-assessed value of $831,000. Analyze and compare real estate investment strategies for properties like this home at 4802 228th Ave NE Redmond, WA 98053 with Property Intel by Whitepages.

Investment Potential for 4802 228th Ave NE

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Long-Term

Gross Rental
$34,800 per year($2,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 98053 zip code
 
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Owners & Occupancy for 4802 228th Ave NE

This property is owned by Wesley Rogers Dorne. Owner contact information includes 6 phone numbers and 6 email addresses.

Property Owners

OccupationSenior Manager, Parks & Public Space Programming, Downtown Seattle Association
Cell Phone(617) ***-****View Cell Phone
Residence***********
Landline(617) 742-9180
Distance from Property**********
Email Address***********@gmail.comView Email

Property Ownership Information

Purchase DateJuly 08, 2020
Property Tax Amount$8,373 in 2024
Purchase Price$748,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 39
Resident 2******************* age 42
Resident 3***************
Resident 4************* age 68
Resident 5*************** age 70

Property Details for 4802 228th Ave NE

Property Details

Property Sq Ft

Living Area

1,500 sq ft

32% below market

Lot Size

30,450 sq ft

31% above market

Property condition, age, exterior, etc. for 4802 228th…
Longitude: -122.03507 Latitude: 47.651546 Parcel Number (APN): 133090-0490…
Mortgage originated on through lender: Homestreet Bk for$******View Mortgage Details
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Market Benchmarks

Compare data for 4802 228th Ave NE in King County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
YoY Price Change
Year Built
1981
1984
-3 years
Living Space
1,500 sq ft
1,695 sq ft
-195 (-12%)
$ Per Living Sq Ft
Lot Size
30,450 sq ft
9,815 sq ft
20635 (210%)
$ Per Lot Sq Ft

Net Operating Income
$22,862
-$1,133 (-5%)
Annual Revenue
$34,800
$36,000
-$1,200 (-3%)
$12,464
$607 (5%)
Net Operating Income
$22,862
-$1,133 (-5%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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