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7040 26th Avenue Northeast

7040 26th Avenue Northeast, Seattle, WA 98115
Property in Ravenna
Sold Jan 29, 2016
$808,000
$500,000 by The Lee Living Trust
Mortgage Due Feb 01, 2046
Sold Jun 19, 2015
$808,000
Local assessors in Seattle, WA have categorized 7040 26th Avenue Northeast as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 8,736 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, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7040 26th Avenue Northeast has a total of 1,920 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 620 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 average. 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 - B. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 7040 26th Avenue Northeast sold most recently in Jan 23, 2016 for a total of $808,000. If you work out the math, that's approximately a cost of $210.42 per sqft. Before that, the property was also sold for $808,000 in Jun 15, 2015. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $10,685 in taxes each year. 7040 26th Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,079,000. If we break it down further, the land itself was valued at $752,000. Improvements to the property, however, were assessed at a total of $327,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,300
  • Garage Type: Attached
  • Garage Square Area: 620
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,736
  • Total Building Area: 3,840
  • Gross Building Area: 3,840
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,920
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEDGWOOD ROCK DIV NO. 03
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEDGWOOD ROCK DIV # 3 1 & N 20 FT OF 2

Ownership

  • Current Owner : LEE STEPHANIE Y
  • Current Owner 2: JAECH KRISTIAN
  • Previous Owner : LEE SHI CHUAN
  • Previous Owner 2: LEE SHWU CHING
  • Owner Before Previous Owner: MARIER THOMAS R
  • Owner Before Previous Owner 2: MARIER FRANK A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 003800

Zoning

  • Zoning: NR3

Geography

  • Account Number: 921540034508
  • District: SEATTLE
  • Parcel: 921540-0345
  • Block: L
  • Lot: 1-2
  • Meridian: SEC 04 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6806
  • Longitude: -122.299

    Address

  • Full Address: 7040 26th Ave Ne
  • Address - House Number: 7040
  • Street Segment Direction: NE
  • Address - Street Name: 26th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C033
  • 4-Digit Zip Code: 5816
  • Zip Code: 98115

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $10,685
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,333,822
  • High Value: 1,547,653
  • Low Value: 1,119,992

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $948,857
  • First Open Lien Mortgage Lender: THE LEE LIVING TRUST
  • First Open Lien Mortgage Recording Date: Jan 29, 2016
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2046
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Lender: LEE LIVING TRUST
  • Second Open Lien Mortgage Recording Date: Jun 30, 2020
  • Second Open Lien Mortgage Loan Amount: $448,857
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $1,079,000
  • Market Land Value: $752,000
  • Market Improvement Value: $327,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,079,000
  • Assessed Land Value: $752,000
  • Assessed Improvements Value: $327,000

    Sales

  • Current Sale Contract Date: Jan 23, 2016
  • Current Sale Recording Date: Jan 29, 2016
  • Current Sale Transaction ID: 1417057623
  • Current Sale Price: $808,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20160129000749
  • Previous Sale Recording Date: Jun 19, 2015
  • Previous Sale Contract Date: Jun 15, 2015
  • Previous Sale Amount: $808,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE LEE LIVING TRUST
  • First Mortgage Transaction Date: Jan 29, 2016
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Feb 01, 2046

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Frequently Asked Questions

What neighborhood is 7040 26th Avenue Northeast located in?
The 7040 26th Avenue Northeast is a located in the neighborhood of Ravenna in Northeast Seattle, Seattle.
What is the average sales price for listings in 7040 26th Avenue Northeast?
The average sales price for units in 7040 26th Avenue Northeast is $0 currently.

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