by RH Advisors

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Seattle 98125 Lake City
12042 40th Avenue NE
Listed by: Liz Nettles, RE/MAX Northwest, 206-522-5500, Listing Courtesy of NWMLS
$625,000
↑ $26K (4.3%)
House - For Sale

12042 40th Avenue NE

Seattle, WA 98125
bedrooms
2 Beds
bathrooms
1 Bath
$3,450
Estimated Monthly
3.40%
Cap Rate

About This Property

This sweet, move-in-ready 2 bedroom, 1 bathroom bungalow offers ample room for hobbies, WFH, and four-legged friends. If sprawling, fully fenced outdoor spaces are your thing, prepare to fall in love with this lush backyard complete w/a garden shed. And the coveted street-to-alley lot provides a little extra privacy from the neighbors. Admire the beautiful backyard from the adorable, light-filled kitchen. This charm-filled home has beautiful fir wood floors, period details, and a built-in wall closet in the primary bedroom. There's a huge amount of storage in the attic. This location is very convenient for transportation (new Northgate light rail station) & great shopping. Burke Gilman Trail & Thornton Creek nearby! Pre-inspected for you!
Unit Size
-
Days on Market
36 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1927

Listed By

Last updated: 26 days ago (NWMLS #NWM2226913)

Price History

Date / Event Date Event Price
May 1, 2024 Price Increased $625,000
↑ $26K (4.3%)
Price Increased
Apr 25, 2024 Listed by RE/MAX Northwest $599,000
Listed by RE/MAX Northwest
Feb 6, 1992 Sold to Carol L Johnson $106,000
Sold to Carol L Johnson

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details

Bathroom Information

Full Bathrooms: 1

Interior Information

Interior Features: Fir/Softwood, Hardwood, Double Pane/Storm Window, Water Heater
Appliances: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Flooring Type: Softwood, Hardwood

Room 1

Level: Main
Type: Entry Hall

Room 2

Level: Main
Type: Kitchen Without Eating Space

Room 3

Level: Main
Type: Living Room

Room 4

Level: Main
Type: Primary Bedroom

Room 5

Level: Lower
Type: Utility Room

Room 6

Level: Main
Type: Bathroom Full

Room 7

Level: Main
Type: Bedroom

Basement Information

Basement: Unfinished

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 450
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,121
  • Total Building Area: 1,140
  • Gross Building Area: 1,140
  • Building Area: 690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 690
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY LAKE SHORE DIV NO. 01-2-3
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY LAKE SHORE DIV #1-2-3 PLAT BLOCK: 12 PLAT LOT: 35

Ownership

  • Current Owner : JOHNSON CAROL L
  • Previous Owner : PETERS PHILIP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: NR2

Geography

  • Account Number: 882090150005
  • District: SEATTLE
  • Parcel: 882090-1500
  • Block: 12
  • Lot: 35
  • Meridian: SEC 27 TWN 26 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.7168
  • Longitude: -122.285

    Address

  • Full Address: 12042 40th Ave Ne
  • Address - House Number: 12042
  • Street Segment Direction: NE
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C072
  • 4-Digit Zip Code: 5729
  • Zip Code: 98125

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,572
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 589,378
  • High Value: 681,141
  • Low Value: 497,616

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: BOEING EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 26, 2046

    Market Valuation

  • Market Total Value: $445,000
  • Market Land Value: $314,000
  • Market Improvement Value: $131,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,000
  • Assessed Land Value: $314,000
  • Assessed Improvements Value: $131,000

    Sales

  • Current Sale Contract Date: Feb 06, 1992
  • Current Sale Recording Date: Feb 06, 1992
  • Current Sale Transaction ID: 1852705423
  • Current Sale Price: $106,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 199202241104

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
-
$639,000 Feb 15, 2024
$639,000 Mar 14, 2024
$122/mo
House
2 Beds
3 Baths
-
$510,000 Nov 9, 2023
$510,000 Apr 1, 2024
$352/mo
House
2 Beds
1 Bath
-
$639,000 Mar 21, 2024
$639,000 Apr 17, 2024
$455/mo
House
3 Beds
3 Baths
-
$558,000 Nov 14, 2019
$558,000 Feb 24, 2020
$365/mo
House
3 Beds
2 Baths
-
$510,000 Sep 21, 2016
$510,000 Nov 9, 2016
$328/mo
House
2 Beds
1 Bath
-
$560,000 Mar 7, 2024
$560,000 Apr 5, 2024
$101/mo
House
2 Beds
3 Baths
-
$499,950 Mar 27, 2024
-
$356/mo
House
2 Beds
1 Bath
-
$617,500 Apr 16, 2024
-
$404/mo
House
2 Beds
1 Bath
-
$699,000 Apr 26, 2024
-
$470/mo
Land
Loft
-
-
$550,000 Jul 27, 2023
-
$230/mo
Land
Loft
-
-
$700,000 Apr 23, 2024
-
-

About Lake City


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Frequently Asked Questions

When was property at 12042 40th Avenue Northeast built and last sold?
The property at 12042 40th Avenue Northeast was built in 1927 and last sold on Feb 6, 1992 for $106,000.
How much is this home worth?
The estimated value of the home located at 12042 40th Avenue Northeast is $604,990.
What are some comparable homes to 12042 40th Avenue Northeast?
Homes that are comparable to 12042 40th Avenue Northeast include a house property at 12042 35th Avenue Northeast, 3813 Northeast 123rd Street, 11740 35th Avenue Northeast.

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