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14931 2nd Avenue West

14931 2nd Avenue West, Lynnwood, WA 98087
Property in Martha Lake
Sold Mar 05, 2014
$480,430
$384,120 by Alaska Usa Mortgage Co Llc
Mortgage Due Apr 01, 2029
Sold Oct 08, 2009
$420,880
Local assessors in Lynnwood, WA have categorized 14931 2nd Avenue West as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 43,560 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 14931 2nd Avenue West has a total of 2,024 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 672 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 14931 2nd Avenue West sold most recently in Feb 27, 2014 for a total of $480,430. If you work out the math, that's approximately a cost of $237.37 per sqft. Before that, the property was also sold for $420,880 in Oct 8, 2009. 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 $7,737 in taxes each year. 14931 2nd Avenue West was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $869,000. If we break it down further, the land itself was valued at $535,000. Improvements to the property, however, were assessed at a total of $334,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1948
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 3
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,024
  • Gross Building Area: 2,024
  • Building Area: 2,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,024
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MARTHA LAKE EAST SHORE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARTHA LAKE EAST SHORE DIV 4 LOT 2 OF ZA8810446SP REC AF NO 8812160170 BEING A PTN OF LOT 43

Ownership

  • Current Owner : GALLACCI JEFFERY K
  • Current Owner 2: GALLACCI ANDREA D KIRBY
  • Previous Owner : PETTERSSON PER
  • Previous Owner 2: PETTERSSON KELSIE
  • Owner Before Previous Owner: EGELAND ODA L
  • Owner Before Previous Owner 2: CHAMBERS MARK C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Edmonds School District
  • School Tax School District: EDMONDS
  • Census Tract: 041703

Zoning

  • Zoning: R-7,200

Geography

  • Account Number: 1117961
  • Subdivision Tract Number: 43
  • Parcel: 005095-000-043-01
  • Lot: 2
  • Meridian: SEC 01TWN 27RNG 04
  • Municipality: EDMONDS
  • Latitude: 47.862
  • Longitude: -122.235

    Address

  • Full Address: 14931 2nd Ave W
  • Address - House Number: 14931
  • Street Segment Direction: W
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Lynnwood
  • Carrier Code: C081
  • 4-Digit Zip Code: 2155
  • Zip Code: 98087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,737
  • Tax Rate Code Area: RFASCO

    Appraisal Valuation

  • Standard Deviation: 0.1424
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 83
  • Final Value: 1,022,367
  • High Value: 1,167,989
  • Low Value: 876,744

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $719,320
  • First Open Lien Mortgage Lender: ALASKA USA MORTGAGE CO LLC
  • First Open Lien Mortgage Recording Date: Mar 05, 2014
  • First Open Lien Mortgage Loan Amount: $384,120
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2029
  • Second Open Lien Mortgage Lender: STIFEL BANK & TRUST
  • Second Open Lien Mortgage Recording Date: Feb 22, 2018
  • Second Open Lien Mortgage Loan Amount: $335,200
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2048

    Market Valuation

  • Market Total Value: $869,000
  • Market Land Value: $535,000
  • Market Improvement Value: $334,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $869,000
  • Assessed Land Value: $535,000
  • Assessed Improvements Value: $334,000

    Sales

  • Current Sale Contract Date: Feb 27, 2014
  • Current Sale Recording Date: Mar 05, 2014
  • Current Sale Transaction ID: 1039846601
  • Current Sale Price: $480,430
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201403050246
  • Previous Sale Recording Date: Oct 08, 2009
  • Previous Sale Contract Date: Oct 08, 2009
  • Previous Sale Amount: $420,880
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALASKA USA MORTGAGE CO LLC
  • First Mortgage Transaction Date: Mar 05, 2014
  • First Mortgage Loan Amount: $384,120
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2029

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Frequently Asked Questions

What neighborhood is 14931 2nd Avenue West located in?
The 14931 2nd Avenue West is a located in the neighborhood of Martha Lake in Martha Lake, Lynnwood.
What is the average sales price for listings in 14931 2nd Avenue West?
The average sales price for units in 14931 2nd Avenue West is $0 currently.

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