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2440 72nd Avenue Southeast

2440 72nd Avenue Southeast, Mercer Island, WA 98040
Property in McGilvara
Sold Nov 22, 2021
$2,545,000
$2,000,000 by Key Bank Na
Mortgage Due Dec 01, 2051
Sold Nov 07, 1996
$335,000
$250,000 by Seattle Mtg Co
Mortgage Due Dec 01, 2026
2440 72nd Avenue Southeast in Mercer Island, WA was first built in 1978 and is 46 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2440 72nd Avenue Southeast has 3,030 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,290 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 14,406 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 550 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as unknown. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2440 72nd Avenue Southeast was last sold in Nov 18, 2021 for $2,545,000. According to our calculations, that's $691.58 per sqft. Prior to that sales transaction, the property was sold for $335,000 in Nov 1, 1996. Current property owners are expected to pay $14,494 in taxes per year. The property on 2440 72nd Avenue Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,104,000. To break that down further, the land itself was valued at $1,331,000. While improvements to the property were assessed at a total of $773,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,290
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,406
  • Total Building Area: 3,680
  • Gross Building Area: 3,680
  • Building Area: 3,030
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,030
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MC GILVRAS ISLAND ADD
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MC GILVRAS ISLAND ADD LOT B SHORT PLAT # MI 77-8-032 REC AF #7710130537 PLAT BLOCK: 5 PLAT LOT: 3

Ownership

  • Current Owner : LAM SERENA SZU MIN
  • Current Owner 2: GODWIN COLIN DOUGLAS
  • Previous Owner : CASEY KELLY L
  • Previous Owner 2: CASEY PATRICK A
  • Owner Before Previous Owner: FERGIN JAMES A
  • Owner Before Previous Owner 2: FERGIN JUDY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mercer Island School District
  • Census Tract: 024302

Zoning

  • Zoning: R-9.6

Geography

  • Account Number: 531510036100
  • District: MERCER ISLAN
  • Parcel: 531510-0361
  • Block: 5
  • Lot: 3
  • Meridian: SEC 12 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5881
  • Longitude: -122.242

    Address

  • Full Address: 2440 72nd Ave Se
  • Address - House Number: 2440
  • Street Segment Direction: SE
  • Address - Street Name: 72nd
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C001
  • 4-Digit Zip Code: 2617
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $14,494
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 2,414,063
  • High Value: 2,811,418
  • Low Value: 2,016,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $2,104,000
  • Market Land Value: $1,331,000
  • Market Improvement Value: $773,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,104,000
  • Assessed Land Value: $1,331,000
  • Assessed Improvements Value: $773,000

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869286652
  • Current Sale Price: $2,545,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211122001222
  • Previous Sale Recording Date: Nov 07, 1996
  • Previous Sale Contract Date: Nov 01, 1996
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SEATTLE MTG CO
  • Previous Mortgage Transaction Date: Nov 07, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2026

About McGilvara



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Nearby Rentals

Unit for rent at 7030 A N Mercer Way, Mercer Island, WA, 98040

$3,500 /mo

  • 1 Bed
  • 1 Bath
7030 A N Mercer Way, Mercer Island, WA, 98040 Listing by Jennifer C. Shepperd

Frequently Asked Questions

What neighborhood is 2440 72nd Avenue Southeast located in?
The 2440 72nd Avenue Southeast is a located in the neighborhood of McGilvara in McGilvara, Mercer Island.
What is the average sales price for listings in 2440 72nd Avenue Southeast?
The average sales price for units in 2440 72nd Avenue Southeast is $0 currently.

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