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12207 137th Place NE #2603, Redmond, WA, 98052

2beds
3baths
1,539sqft
$949,900
$617price/sqft
$5,655/moest. monthly cost
$226,200/yrincome needed

About This Home

This stunning 2-bedroom, 2.5-bathroom townhome offers a spacious retreat with a touch of luxury. Sun-drenched and south-facing, the home features a covered patio overlooking a serene, treed setting, complemented by 9-foot ceilings and 8-foot doors throughout. The open-concept layout creates an inviting, airy atmosphere, perfect for entertaining. The stylish kitchen boasts upgraded JennAir appliances, 3cm quartz countertops, and a large island ideal for culinary enthusiasts. Contemporary design details, including a sleek metal open railing, enhance the home’s modern appeal. Convenience and comfort abound with a side-by-side washer and dryer, dual primary bedroom closets, and an oversized 2-car garage. Enjoy leisurely walks on the community trail or explore the Eastlink Trail just across the street, immersing yourself in nature right at your doorstep. Reg Policy #4675-Broker must accompany and personally register buyer at first visit, or no BBC will be paid. Call to schedule your tour!

Getting Around

20
WalkingCar-Dependent
32
TransitSome Transit
25
BikeSomewhat Bikeable

Schools

10/10
10/10
Rose Hill Middle SchoolGrades 6-82.7 mi
10/10

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Composition
  • Construction materials: Cement Planked,Cement Plank

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary,Condo (3 Levels)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater: Hybrid,Water Heater Location: Garage,Cooking - Electric Hookup,Cooking-Electric

Bathroom Full

  • Level: Third

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Lower

Features

  • Window features: Insulated Windows
  • Flooring: Ceramic Tile,Engineered Hardwood,Carpet

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Recirculation Pump,Electric
  • Cooling features: Ductless,Forced Air,Heat Pump

Interior Area

  • Total structure area: 1,539
  • Total interior livable area: 1,539 sqft

Kitchen With Eating Space

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Utility Room

  • Level: Second

Property

Details

  • Parcel number: 27260590262603
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Entry location: Lower
  • Patio & porch: Cooking-Electric,Insulated Windows,Primary Bathroom,Sprinkler System,Walk-In Closet(s),Water Heater

Lot

  • Features: Dead End Street,Paved,Sidewalk

Parking

  • Total spaces: 2
  • Parking features: Individual Garage
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,803$57,636
Home Insurance *$102$1,224
Property Taxes $601$7,212
Electricity $149$1,793
Total$5,655$67,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,885/yr
40% on housing$169,650/yr
45% on housing$150,800/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$617This listing

vs Other Active Listings

Avg $/sqft

ZIP 98052$514
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98052$672
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Price change$939,900
2026-06-05Listed for sale$949,900

New Construction

AgentJill Dianne Bullion
BrokerageTri Pointe Homes Real Estate

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