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    10500 NE 221St Ln, Unit 202 Redmond, WA 98053

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    For Sale
    $749,000

    3-bed, 2-bath condo in Redmond near Microsoft.

    Property Features for 10500 NE 221St Ln

    General Information

    Exterior features
    1, : "Composition"
    Interior features
    1, : "Fireplace", "2": "Wall Unit(s)", "3": "Dishwasher(s)", "4": "Disposal", "5": "Dryer(s)", "6": "Microwave(s)", "7": "Refrigerator(s)", "8": "Stove(s)/Range(s)", "9": "Washer(s)"

    Building Details

    Year built
    2000

    Source: Keller Williams Bothell Agent Lizbeth Loreto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redmond Condo with Balcony

    This 3-bedroom, 2-bath condo is located in Redmond. The top unit features an open floor plan, a gas fireplace, and a private balcony. The kitchen connects to the dining and living areas. The master bedroom includes an en-suite bath and a walk-in closet. There are two additional bedrooms. The property features top-of-the-line extra padded, stain-resistant carpet. It includes a 1-car garage with extra storage, plus a second open parking spot. The community is well-maintained and is located minutes from Microsoft, golf, and multiple parks and trails. It offers easy access to dining, shopping centers, and commuter routes. This property is suitable for both homeowners and investors.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    King
    State
    Washington
    Longitude
    -122.044168
    Latitude
    47.693648

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    FAQs

    What type of property is this?
    Apartment building - 3-bed, 2-bath condo in Redmond near Microsoft.
    Where is this apartment building located?
    The property is located at 10500 NE 221St Ln, Unit 202 Redmond, WA.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Seller offering up to 3% credit toward interest rate buy-down.; - Prime location in the heart of Redmond, minutes from Microsoft, golf, parks, trails, dining, shopping, and commuter routes.; - No rental cap, making it suitable for both homeowners and investors.
    (425) 422-7886
    Request Owner's contact information
    10500 NE 221St Ln, Unit 202 Redmond, WA 98053
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10500 NE 221St Ln, Unit 202 Redmond, WA 98053
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