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5614 40th Avenue West

5614 40th Avenue West, Seattle, WA 98199
Property in Lawton Park
Sold Nov 10, 2015
$1,475,000
$736,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2030
Sold Apr 11, 2014
$428,000
$342,400 by Pacific Crest Savings Bank
Mortgage Due May 01, 2016
5614 40th Avenue West in Seattle, WA was first built in 2015 and is 9 years old. This has been categorized as a residential property type. There are a total of 3 floors. 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. 5614 40th Avenue West has 3,870 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 920 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 4,700 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 detached garage. The garage is 640 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 A. The condition of the building has been evaluated as average. As for heating, the home is utilizing a hot water heating system 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. 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, 5614 40th Avenue West sold most recently in Nov 6, 2015 for a total of $1,475,000. If you work out the math, that's approximately a cost of $381.14 per sqft. Before that, the property was also sold for $428,000 in Apr 7, 2014. 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 $19,183 in taxes each year. 5614 40th Avenue West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,059,000. If we break it down further, the land itself was valued at $627,000. Improvements to the property, however, were assessed at a total of $1,432,000. 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: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 920
  • Garage Type: Detached
  • Garage Square Area: 640
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,700
  • Total Building Area: 3,870
  • Gross Building Area: 3,870
  • Building Area: 3,870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,870
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BAY TERRACE ADD
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAY TERRACE ADD AND POR VAC ST LESS FOR ST

Ownership

  • Current Owner : MALLEY PATRICK S
  • Current Owner 2: BITTNER KELLY G
  • Previous Owner : BARTANEN CONSTRUCTION LLC
  • Owner Before Previous Owner: PERKINSON SUZANNA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 005700

Zoning

  • Zoning: NR3

Geography

  • Account Number: 057300059003
  • District: SEATTLE
  • Parcel: 057300-0590
  • Block: 8
  • Lot: 6-7
  • Meridian: SEC 10 TWN 25 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.67
  • Longitude: -122.409

    Address

  • Full Address: 5614 40th Ave W
  • Address - House Number: 5614
  • Street Segment Direction: W
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C088
  • 4-Digit Zip Code: 1035
  • Zip Code: 98199

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $19,183
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 2,367,780
  • High Value: 2,716,338
  • Low Value: 2,019,222

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $736,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 10, 2015
  • First Open Lien Mortgage Loan Amount: $736,000
  • 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: Dec 01, 2030

    Market Valuation

  • Market Total Value: $2,059,000
  • Market Land Value: $627,000
  • Market Improvement Value: $1,432,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,059,000
  • Assessed Land Value: $627,000
  • Assessed Improvements Value: $1,432,000

    Sales

  • Current Sale Contract Date: Nov 06, 2015
  • Current Sale Recording Date: Nov 10, 2015
  • Current Sale Transaction ID: 1349013392
  • Current Sale Price: $1,475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20151110001778
  • Previous Sale Recording Date: Apr 11, 2014
  • Previous Sale Contract Date: Apr 07, 2014
  • Previous Sale Amount: $428,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 10, 2015
  • First Mortgage Loan Amount: $736,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC CREST SAVINGS BANK
  • Previous Mortgage Transaction Date: Apr 11, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $342,400
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2016

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Frequently Asked Questions

What neighborhood is 5614 40th Avenue West located in?
The 5614 40th Avenue West is a located in the neighborhood of Lawton Park in Magnolia - Queen Anne, Seattle.
What is the average sales price for listings in 5614 40th Avenue West?
The average sales price for units in 5614 40th Avenue West is $0 currently.

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