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10402 40th Avenue Northeast

10402 40th Avenue Northeast, Seattle, WA 98125
Property in Matthews Beach
Sold Aug 10, 2021
$1,465,000
$980,000 by Cornerstone Home Lending Inc
Mortgage Due Sep 01, 2051
Sold Jun 10, 2003
$605,000
$423,500 by Accubanc Mtg Corp
Mortgage Due Jul 01, 2033
10402 40th Avenue Northeast in Seattle, WA was first built in 1969 and is 55 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 10402 40th Avenue Northeast has 3,060 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,200 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 460 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10402 40th Avenue Northeast sold most recently in Aug 4, 2021 for a total of $1,465,000. If you work out the math, that's approximately a cost of $416.19 per sqft. Before that, the property was also sold for $605,000 in Jun 4, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,052 in taxes each year. 10402 40th Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,230,000. If we break it down further, the land itself was valued at $483,000. Improvements to the property, however, were assessed at a total of $747,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 3,520
  • Gross Building Area: 3,520
  • Building Area: 3,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 3,060
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MATTHEWS J G LK WN DIV NO. 04
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MATTHEWS J G LK WN DIV #4 UNREC S 72 FT OF FOLG DESC TR - POR OF NE 1/4 OF NW 1/4 DESC AS FOLG BEG AT NW COR SD SUBD TH ON N LN THOF S 89-14-14 E 30.02 FT TH S 01-19-52 E 30.01 FT TO TPOB TH CONTG S 01-19-52 E 300.11 FT TH S 89-14-14 E 100 FT TH N 01

Ownership

  • Current Owner : KIMERER PATRICIA M
  • Current Owner 2: KIMERER PAUL A
  • Previous Owner : LAWRENCE DAVID M
  • Previous Owner 2: LAWRENCE CARLA TACHAU
  • Owner Before Previous Owner: LABODA CHARLES
  • Owner Before Previous Owner 2: DAY MARGARET M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 002200

Zoning

  • Zoning: NR2

Geography

  • Account Number: 520920005607
  • District: SEATTLE
  • Subdivision Tract Number: -
  • Parcel: 520920-0056
  • Block: 31
  • Lot: 6-7
  • Meridian: SEC 34 TWN 26 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.7039
  • Longitude: -122.285

    Address

  • Full Address: 10402 40th Ave Ne
  • Address - House Number: 10402
  • Street Segment Direction: NE
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C051
  • 4-Digit Zip Code: 7837
  • Zip Code: 98125

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $12,052
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 1,489,145
  • High Value: 1,728,460
  • Low Value: 1,249,830

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $980,000
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $980,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $1,230,000
  • Market Land Value: $483,000
  • Market Improvement Value: $747,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,230,000
  • Assessed Land Value: $483,000
  • Assessed Improvements Value: $747,000

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11846893500
  • Current Sale Price: $1,465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210810001784
  • Previous Sale Recording Date: Jun 10, 2003
  • Previous Sale Contract Date: Jun 04, 2003
  • Previous Sale Amount: $605,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $980,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ACCUBANC MTG CORP
  • Previous Mortgage Transaction Date: Jun 10, 2003
  • Previous Mortgage Loan Amount: $423,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2033

About Lake City



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12033 23rd Ave Ne #12033 23rd Ave NE, Seattle, WA, 98125 Listing by Manager

Frequently Asked Questions

What neighborhood is 10402 40th Avenue Northeast located in?
The 10402 40th Avenue Northeast is a located in the neighborhood of Matthews Beach in Lake City, Seattle.
What is the average sales price for listings in 10402 40th Avenue Northeast?
The average sales price for units in 10402 40th Avenue Northeast is $0 currently.

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