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11524 40th Avenue Northeast

11524 40th Avenue Northeast, Seattle, WA 98125
Property in Matthews Beach
Sold Dec 16, 2021
$610,000
$700,000 by Daniel Nieder
Mortgage
Sold Dec 16, 2021
$610,000
$700,000 by Nieder Daniel
Mortgage
11524 40th Avenue Northeast has been categorized by the local assessors in Seattle, WA as a residential type of property. The building on the property was first built in 1947 and is 77 years old. However, we must point out that the home was most recently renovated and altered in 2021. The home has a total of 5 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 11524 40th Avenue Northeast has 1,960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 980 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 5,923 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 310 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Dec 8, 2021 for $610,000. That's $311.22 per sqft. Prior to that sales transaction, the property was also sold in Dec 8, 2021 for $610,000. 11524 40th Avenue Northeast was last assessed in 2023. The total value of the property was assessed at $975,000. Specifically, the land the property is located on was valued at $375,000. While improvements on the property were assessed at a total of $600,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,558. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Living Units: 1
  • Basement Area: 980
  • Garage Type: Attached
  • Garage Square Area: 310
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,923
  • Total Building Area: 1,960
  • Gross Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE CITY ADD
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE CITY ADD LESS S 285 FT

Ownership

  • Current Owner : CAMPUS SOUTH LLC
  • Previous Owner : SCHATZ BRIAN
  • Previous Owner 2: SCHATE STANLEY W
  • Owner Before Previous Owner: BRIAN SCHATZ
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 000800

Zoning

  • Zoning: NR2

Geography

  • Account Number: 399270045707
  • Parcel: 399270-0457
  • Block: 5
  • Municipality: SEATTLE
  • Latitude: 47.7129
  • Longitude: -122.285

    Address

  • Full Address: 11524 40th Ave Ne
  • Address - House Number: 11524
  • Street Segment Direction: NE
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C082
  • 4-Digit Zip Code: 5725
  • Zip Code: 98125

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $9,558
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.0746
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 95
  • Final Value: 1,106,140
  • High Value: 1,188,751
  • Low Value: 1,023,529

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: DANIEL NIEDER
  • First Open Lien Mortgage Recording Date: Dec 16, 2021
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $975,000
  • Market Land Value: $375,000
  • Market Improvement Value: $600,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $975,000
  • Assessed Land Value: $375,000
  • Assessed Improvements Value: $600,000

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Transaction ID: 11874880813
  • Current Sale Price: $610,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211216000860
  • Previous Sale Recording Date: Dec 16, 2021
  • Previous Sale Contract Date: Dec 08, 2021
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DANIEL NIEDER
  • First Mortgage Transaction Date: Dec 16, 2021
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: NIEDER DANIEL
  • Previous Mortgage Transaction Date: Dec 16, 2021
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 11524 40th Avenue Northeast located in?
The 11524 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 11524 40th Avenue Northeast?
The average sales price for units in 11524 40th Avenue Northeast is $0 currently.

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