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8615 40th Avenue Northeast

8615 40th Avenue Northeast, Seattle, WA 98115
Property in Wedgewood
Sold Feb 27, 1998
$136,300
$198,000 by Loandepot.com Llc
Mortgage Due Oct 01, 2051
8615 40th Avenue Northeast has been categorized by the local assessors in Seattle, WA as a residential type of property. The building on the property was first built in 1946 and is 78 years old. However, we must point out that the home was most recently renovated and altered in 2003. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8615 40th Avenue Northeast has 2,810 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 7,140 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 340 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 8615 40th Avenue Northeast was last sold in Feb 23, 1998 for $136,300. According to our calculations, that's $43.27 per sqft. Current property owners are expected to pay $11,772 in taxes per year. The property on 8615 40th Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,199,000. To break that down further, the land itself was valued at $714,000. While improvements to the property were assessed at a total of $485,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1946
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 340
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,140
  • Total Building Area: 3,150
  • Gross Building Area: 3,150
  • Building Area: 2,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,810
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PONTIAC ADD
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PONTIAC ADD E 10 FT OF 8 ALL OF 9-10

Ownership

  • Current Owner : LEE CHI CHUNG
  • Current Owner 2: LEE HUI LING
  • Previous Owner : LEE CHI CHANG
  • Previous Owner 2: LEE MEICHEN

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 002200

Zoning

  • Zoning: NR3

Geography

  • Account Number: 684470232506
  • District: SEATTLE
  • Parcel: 684470-2325
  • Block: 47
  • Lot: 8-10
  • Meridian: SEC 34 TWN 26 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6914
  • Longitude: -122.286

    Address

  • Full Address: 8615 40th Ave Ne
  • Address - House Number: 8615
  • Street Segment Direction: NE
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C045
  • 4-Digit Zip Code: 3704
  • Zip Code: 98115

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $11,772
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,536,812
  • High Value: 1,782,587
  • Low Value: 1,291,037

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Sep 27, 2021
  • First Open Lien Mortgage Loan Amount: $198,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $1,199,000
  • Market Land Value: $714,000
  • Market Improvement Value: $485,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,199,000
  • Assessed Land Value: $714,000
  • Assessed Improvements Value: $485,000

    Sales

  • Current Sale Contract Date: Feb 23, 1998
  • Current Sale Recording Date: Feb 27, 1998
  • Current Sale Transaction ID: 1016546370
  • Current Sale Price: $136,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 9802272059

About Northeast Seattle



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7040 21st Avenue Ne, Seattle, WA, 98115 Listing by David N. Drake

Frequently Asked Questions

What neighborhood is 8615 40th Avenue Northeast located in?
The 8615 40th Avenue Northeast is a located in the neighborhood of Wedgewood in Northeast Seattle, Seattle.
What is the average sales price for listings in 8615 40th Avenue Northeast?
The average sales price for units in 8615 40th Avenue Northeast is $0 currently.

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