by RH Advisors

Check Availability
Listed by: Bob C. Lee, Better Properties - Metro, 206-445-0995, Listing Courtesy of NWMLS
$1,000,000
Land - For Sale

15207 40 Avenue W

Lynnwood, WA 98087
bedrooms
Studio
bathrooms
0 Bath
$5,291
Estimated Monthly
$0
HOA / Fees
0.74%
Cap Rate

About This Property

Attention Builders / Developers. 27007 sf lot in Snohomish County. Zoned PCB. Buyer to do own due diligence . Sold as-is. Easy access to I-5, public transit, restaurants, shops & parks! . Great opportunity to step in and make this project your own.
Unit Size
-
Days on Market
68 days
Land Size
0.62 acres
Price per sqft
-
Property Type
Land
Property Taxes
$380
HOA Dues
-
Year Built
1930
Listed By
Bob Lee
Better Properties - Metro
Last updated: 2 months ago (NWMLS #NWM2199937)

Price History

Date / Event Date Event Price
Mar 21, 2024 Relisted $1,000,000
Relisted
Mar 5, 2024 In contract -
In contract
Feb 22, 2024 Listed by Better Properties - Metro $1,000,000
Listed by Better Properties - Metro

Property Highlights

Exterior Details

Property Information

Style Code: 42 - Multi-Family
Property Type: Land
Property Sub Type: Land

Building Information

Structure Type: Multi Family
Building Area Units: Square Feet

Lot Information

Zoning Jurisdiction: County
Lot Size Acres: 0.6198
Lot Size Square Feet: 27000
Elevation Units: Feet

Land Information

Water Source: On Property
Financial Details
Tax Year: 2023
Tax Annual Amount: $4,564

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Square Area: 312
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 826
  • Gross Building Area: 826
  • Building Area: 826
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 826
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: ALDERWOOD MANOR
  • Land Acres: 0.62
  • Legal Description 1: SECTION 03 TOWNSHIP 27 RANGE 04 QUARTER NW -- ALDERWOOD MANOR 04 BLK 010 D-05 -- LOT 1 OF SNO CO SP PFN 99-102845-SP REC AFN 200406105373 BEING A PTN OF LOT 5 SD PLAT

Ownership

  • Current Owner : FANG DONG YA
  • Current Owner 2: FANG JENNY CHAN
  • Previous Owner : KINGS LAND INVESTMENT & DEVELOPMENT INC
  • Owner Before Previous Owner: FONG JOHN D G
  • Owner Before Previous Owner 2: FONG MARY L

Neighborhood

  • School District Name: Edmonds School District
  • School Tax School District: EDMONDS
  • Census Tract: 050102

Zoning

  • Zoning: UC

Geography

  • Account Number: 4356826
  • Parcel: 003729-010-005-05
  • Block: 010 D
  • Lot: 1
  • Meridian: SEC 03 TWN 27 RNG 04
  • Municipality: EDMONDS
  • Latitude: 47.8608
  • Longitude: -122.287

    Address

  • Full Address: 15207 40th Ave W
  • Address - House Number: 15207
  • Street Segment Direction: W
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Lynnwood
  • Carrier Code: C083
  • 4-Digit Zip Code: 6105
  • Zip Code: 98087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,564
  • Tax Rate Code Area: RFASCO

    Appraisal Valuation

  • Standard Deviation: 0.1592
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 80
  • Final Value: 566,736
  • High Value: 656,991
  • Low Value: 476,480

    Market Valuation

  • Market Total Value: $586,600
  • Market Land Value: $585,900
  • Market Improvement Value: $700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $586,600
  • Assessed Land Value: $585,900
  • Assessed Improvements Value: $700

    Sales

  • Current Sale Contract Date: Mar 29, 2017
  • Current Sale Recording Date: Apr 21, 2017
  • Current Sale Transaction ID: 1811142596
  • Current Sale Price: $158,450
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 201704210412
  • Previous Sale Recording Date: Nov 07, 2005
  • Previous Sale Contract Date: Sep 29, 2005
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
-
$929,900 Nov 11, 2023
$929,900 Mar 18, 2024
$90/mo
House
4 Beds
3 Baths
-
$915,000 Feb 8, 2023
$915,000 May 1, 2023
$667/mo
House
2 Beds
2 Baths
-
$860,000 Oct 27, 2023
$860,000 Jan 5, 2024
$570/mo
Condo
4 Beds
4 Baths
-
$859,900 Dec 12, 2023
$859,900 Mar 21, 2024
$326/mo
House
3 Beds
3 Baths
-
$700,000 Apr 28, 2022
$700,000 Oct 11, 2023
$100/mo
House
3 Beds
3 Baths
-
$700,000 May 20, 2022
$700,000 Oct 11, 2023
$100/mo
Land
Loft
-
-
$1,200,000 Jul 31, 2023
-
$335/mo
House
3 Beds
2 Baths
-
$1,099,900 Aug 11, 2023
-
$588/mo
House
5 Beds
4 Baths
-
$1,095,000 Mar 6, 2024
-
$586/mo
House
3 Beds
3 Baths
-
$895,000 Mar 14, 2024
-
$512/mo
House
4 Beds
3 Baths
-
$899,000 Mar 5, 2024
-
$439/mo
Condo
3 Beds
3 Baths
-
$830,000 Mar 1, 2024
-
$610/mo

About Picnic Point-North Lynnwood


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Nearby Rentals



Frequently Asked Questions

When was property at 15207 40th Avenue West built and last sold?
The property at 15207 40th Avenue West was built in 1930 and last sold on Mar 29, 2017 for $158,450.
How much is this home worth?
The estimated value of the home located at 15207 40th Avenue West is $1,010,000.
What are some comparable homes to 15207 40th Avenue West?
Homes that are comparable to 15207 40th Avenue West include a land property at 14814 Manor Way, a house property at 14502 43rd Avenue West, 14816 40th Avenue West.

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