7435 159th Pl NE, Redmond, WA 98052

Multifamily · Redmond · Seattle-Bellevue metro, WA

Imagery suggests: garden apartments, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 131 reachable multifamily buildings in Redmond. Larger than 47% of multifamily buildings in Redmond (median 129,112 SF), derived from assessor records.

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Building size: 123,294 SF, King County Assessor
Lot size: 256,568 SF, King County Assessor
Year built: 1988, King County Assessor
Stories: 3, King County Assessor
Predominant use: The Peloton, King County Assessor
Units: 150, King County Assessor
Assessed value: $54,633,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $443.11/SF, derived from assessor records
Lot coverage: 48%, derived from assessor records
Vintage: 1980s vintage
Zoning: DTE, King County
County use code: Apartment
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

7601 159th Pl NE, Redmond · 0.1 mi · 197,657 SF · built 2018 · assessed $260.26/SF
7508 159th Pl NE, Redmond · 0.1 mi · 216,220 SF · built 2016 · assessed $317.74/SF
7662 159th Pl NE, Redmond · 0.1 mi · 156,113 SF · built 2017 · assessed $243.02/SF
15808 Bear Creek Pkwy, Redmond · 0.1 mi · 437,265 SF · built 2018 · assessed $283.74/SF
16015 Cleveland St, Redmond · 0.2 mi · 203,235 SF · built 2010 · assessed $286.05/SF
16095 Cleveland St, Redmond · 0.2 mi · 165,296 SF · built 2009 · assessed $299.60/SF

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Sale history and market context

MakeMe Estimate: $61,583,895 (estimated market value), with a likely range of $56,251,001 to $63,555,085 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $411K per unit at the midpoint (150 units).

Last sold: 2015-06-30 for $42,751,202 (recorded arm's-length sale).

Current ownership dates to 2015 (about 11 years) per recorded transfers.

2021-12-28: transfer from G W Williams CO to G W Williams CO (non-market transfer), rec.

2015-06-30: $42,751,202 from 7435 159th PL NE LLC to G W Williams CO, rec. 20150630001136

2007-04-27: $28,855,000 from SBL Riverside LLC to 7435 159th Place NE LLC, rec. 20070503002284

2 administrative transfers (no consideration), 1998 to 2005

1996-11-22: $9,635,000 from Riverside Properties to SBL Investment Company, rec. 199611271356

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $18,819,000 (2011) to $54,633,000 (2026), up 190% over 15 years, per county tax rolls. The 2026 roll splits $54,633,000 into $35,919,500 land and $18,713,500 improvements.

Zoning: DTE (per King County)

Lot: 256,568 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Multiple Residence (Low Rise) 123,294 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2025-06-23: Other, declared value $26,298, permit BLDG-2025-04609

2025-05-21: Other, declared value $14,516 (Screened), permit BLDG-2025-03600

2011-10-20: Other, declared value $22,000 (Complete), permit B110539

2011-10-20: Other, declared value $21,000 (Complete), permit B110541

2011-10-20: Other, declared value $21,000 (Complete), permit B110540

2011-09-19: Other, declared value $22,000 (Complete), permit B110482

2011-09-19: Other, declared value $18,000 (Complete), permit B110483

2011-09-06: Other, declared value $222,000 (Complete), permit B110458

Source: King County permit records (newest first).