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21415 40th Avenue West

21415 40th Avenue West, Mountlake Terrace, WA 98043
Property in Laurel Ridge
Sold Mar 18, 2021
$630,000
$588,050 by Guild Mortgage Co
Mortgage Due Apr 01, 2051
Sold Apr 17, 2017
$429,000
21415 40th Avenue West has been categorized by the local assessors in Mountlake Terrace, WA as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 21415 40th Avenue West has 1,600 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,356 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 418 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Mar 8, 2021 for $630,000. That's $312.19 per sqft. Prior to that sales transaction, the property was also sold in Apr 15, 2017 for $429,000. 21415 40th Avenue West was last assessed in 2024. The total value of the property was assessed at $625,100. Specifically, the land the property is located on was valued at $388,000. While improvements on the property were assessed at a total of $237,100. 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 $4,808. 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. 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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 2,018
  • Gross Building Area: 2,018
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,600
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAUREL RIDGE
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAUREL RIDGE BLK 000 D-00 LOT 8

Ownership

  • Current Owner : SUH ANDREW
  • Current Owner 2: KIM HANNAH
  • Previous Owner : LY FUN
  • Owner Before Previous Owner: JUNG KWANG H
  • Owner Before Previous Owner 2: JUNG HEE SEUNG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Edmonds School District
  • School Tax School District: EDMONDS
  • Census Tract: 051301

Zoning

  • Zoning: RML

Geography

  • Assessors Map Reference: MB 008797
  • Account Number: 1224027
  • Parcel: 008797-000-008-00
  • Block: 000 D
  • Lot: 8
  • Meridian: SEC 27TWN 27RNG 04
  • Municipality: MOUNTLAKE TERR
  • Latitude: 47.8038
  • Longitude: -122.287

    Address

  • Full Address: 21415 40th Ave W
  • Address - House Number: 21415
  • Street Segment Direction: W
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Mountlake Terrace
  • Carrier Code: C010
  • 4-Digit Zip Code: 3580
  • Zip Code: 98043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,808
  • Tax Rate Code Area: 00610

    Appraisal Valuation

  • Standard Deviation: 0.1434
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 82
  • Final Value: 719,933
  • High Value: 823,228
  • Low Value: 616,638

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $588,050
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Mar 18, 2021
  • First Open Lien Mortgage Loan Amount: $588,050
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $625,100
  • Market Land Value: $388,000
  • Market Improvement Value: $237,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $625,100
  • Assessed Land Value: $388,000
  • Assessed Improvements Value: $237,100

    Sales

  • Current Sale Contract Date: Mar 08, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Transaction ID: 11826228850
  • Current Sale Price: $630,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202103180862
  • Previous Sale Recording Date: Apr 17, 2017
  • Previous Sale Contract Date: Apr 15, 2017
  • Previous Sale Amount: $429,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Mar 18, 2021
  • First Mortgage Loan Amount: $588,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Mount Lake Terrace



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Frequently Asked Questions

What neighborhood is 21415 40th Avenue West located in?
The 21415 40th Avenue West is a located in the neighborhood of Laurel Ridge in Mount Lake Terrace, Mountlake Terrace.
What is the average sales price for listings in 21415 40th Avenue West?
The average sales price for units in 21415 40th Avenue West is $0 currently.

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