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2068 42nd Avenue East

2068 42nd Avenue East, Seattle, WA 98112
Property in Madison Park
Sold Sep 07, 2023
$2,700,000
$2,295,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2053
Sold Feb 25, 2021
$2,180,000
$1,476,205 by Washington Federal Na
Mortgage Due Mar 01, 2051
Local assessors in Seattle, WA have categorized 2068 42nd Avenue East as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 4,437 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2068 42nd Avenue East has a total of 2,610 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 420 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. 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 - A. The home's a heat pump is the primary heating source. 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, 2068 42nd Avenue East sold most recently in Aug 31, 2023 for a total of $2,700,000. If you work out the math, that's approximately a cost of $891.09 per sqft. Before that, the property was also sold for $2,180,000 in Feb 22, 2021. 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 $19,029 in taxes each year. 2068 42nd Avenue East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,042,000. If we break it down further, the land itself was valued at $992,000. Improvements to the property, however, were assessed at a total of $1,050,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: A
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,437
  • Total Building Area: 3,030
  • Gross Building Area: 3,030
  • Building Area: 2,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOCH-GILVRA ADD
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOCH - GILVRA ADD W 71 FT OF LOT 1 TGW W 71 FT OF N 22.5 FT OF LOT 2 AKA PAR A OF SEATTLE LBA 9001768 PER REC #930624-0780

Ownership

  • Current Owner : KANKANALA SUNDEEP V
  • Current Owner 2: KANKANALA LISA C
  • Previous Owner : WEILAND THOMAS J
  • Previous Owner 2: WEILAND NANC D
  • Owner Before Previous Owner: COLE STEPHANIE JOYCE
  • Owner Before Previous Owner 2: COLE STEPHANIE J
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 006300

Zoning

  • Zoning: NR3

Geography

  • Account Number: 438570091001
  • Parcel: 438570-0910
  • Block: 35
  • Lot: 1-2
  • Municipality: SEATTLE
  • Latitude: 47.6389
  • Longitude: -122.278

    Address

  • Full Address: 2068 42nd Ave E
  • Address - House Number: 2068
  • Street Segment Direction: E
  • Address - Street Name: 42nd
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C026
  • 4-Digit Zip Code: 2714
  • Zip Code: 98112

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $19,029
  • Tax Rate Code Area: 0013

    Appraisal Valuation

  • Standard Deviation: 0.1619
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 2,431,775
  • High Value: 2,825,539
  • Low Value: 2,038,011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,295,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 07, 2023
  • First Open Lien Mortgage Loan Amount: $2,295,000
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $2,042,000
  • Market Land Value: $992,000
  • Market Improvement Value: $1,050,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,042,000
  • Assessed Land Value: $992,000
  • Assessed Improvements Value: $1,050,000

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Transaction ID: 11912229674
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202
  • Previous Sale Recording Date: Feb 25, 2021
  • Previous Sale Contract Date: Feb 22, 2021
  • Previous Sale Amount: $2,180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 07, 2023
  • First Mortgage Loan Amount: $2,295,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON FEDERAL NA
  • Previous Mortgage Transaction Date: Feb 25, 2021
  • Previous Mortgage Loan Amount: $1,476,205
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Capitol Hill



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Frequently Asked Questions

What neighborhood is 2068 42nd Avenue East located in?
The 2068 42nd Avenue East is a located in the neighborhood of Madison Park in Capitol Hill, Seattle.
What is the average sales price for listings in 2068 42nd Avenue East?
The average sales price for units in 2068 42nd Avenue East is $0 currently.

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