Listed by Realogics Sotheby's Int'l Rlty, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

1852 40th Ave E Seattle, WA 98112

Madison Park Neighborhood

Estimated Value: $2,413,394 - $2,894,000

4 Beds
3 Baths
2,870 Sq Ft
$915/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $1,265,000 $441 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $15,738/month

6 Days on Market

About This Home

As of December 2014

Charming mid-century modern home in the heart of Madison Park. Updated systems & finishes. Main floor features spacious living & dining room w/ hardwood floors, kitchen with casual eating/entertainment space, master bed/bath & 1/2 bath & den. Lower level in/c 3 beds, full bath & play area. New Timber Tech backyard deck & Dream Turf yard for entertaining. Quiet street just blocks to McGilvra ES & "the village" with great parks, restaurants and shopping. An oasis in the middle of the city.

Last Agent to Sell the Property

John Madrid

Realogics Sotheby's Int'l Rlty License #18623 Listed on: 11/06/2014

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Liz Chalmers

Windermere Real Estate Co. License #17899

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM714550

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$20,864

Year Built

1951

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 2870
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1951

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Basement: Daylight, Fully Finished
  • Features: Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Security System, Skylights
  • Fireplaces: 1
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Roof: Composition
  • Site Features: Cable TV, Deck, Partial Fence, Natural Gas Available, Shop
  • View: Territorial
  • Lot Topography: Fruit Trees, Garden Space, Level

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 1

Utilities

  • Cooling: Central A/C, Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air
  • Power Company: Seattle City Light
  • Sewer: Connected
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Water Source: Public

Schools

  • School District: SEA
  • Elementary School: Mc Gilvra
  • Middle School: Wash Mid
  • High School: Garfield High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2014
Closed on
Dec 2, 2014
Sold by
Schaake Mark E and Schaake Caitlin
Bought by
Koenig Urs
Seller's Agent
John Madrid
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Liz Chalmers
Windermere Real Estate Co.
List Price
$1,149,000
Sold Price
$1,265,000
Premium/Discount to List
$116,000
10.1%
Current Estimated Value
$2,627,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,362,349
Avg. Annual Appreciation
7.14%
Original Mortgage
$1,000,000
Outstanding Balance
$776,189
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,887,391

Purchase Details

Listed on
Nov 2, 2011
Closed on
Jan 19, 2012
Sold by
Knox Brian K and Knox Ginger E
Bought by
Schaake Mark E and Schaake Caitlin
Seller's Agent
Linda Wyman
COMPASS
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Aug 22, 2003
Sold by
Pearson Philip G and Pearson Victoria R
Bought by
Knox Brian K and Knox Ginger E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1999
Sold by
Stjohn James D and Stjohn Mary L
Bought by
Pearson Philip G and Pearson Victoria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Interest Rate
7.55%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Koenig Urs $1,265,000 First American
Schaake Mark E $950,000 Chicago Title
Knox Brian K $845,000 Chicago Title
Pearson Philip G $470,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koenig Urs $1,000,000
Previous Owner Knox Brian K $100,000
Previous Owner Knox Brian K $270,000
Previous Owner Pearson Philip G $422,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2014 12/05/14 Sold $1,265,000 +10.1% $441 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $1,149,000 +20.9% $400 / Sq Ft
01/31/2012 01/31/12 Sold $950,000 0.0% $331 / Sq Ft
12/03/2011 12/03/11 Pending -- -- --
11/02/2011 11/02/11 For Sale $950,000 -- $331 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,864 $2,184,000 $1,421,000 $763,000
2023 $18,755 $1,991,000 $1,325,000 $666,000
2022 $16,596 $2,230,000 $1,325,000 $905,000
2021 $15,599 $1,806,000 $1,073,000 $733,000
2020 $16,348 $1,609,000 $1,102,000 $507,000
2018 $15,563 $1,689,000 $1,125,000 $564,000
2017 $13,513 $1,576,000 $997,000 $579,000
2016 $13,085 $1,413,000 $871,000 $542,000
2015 $10,185 $1,337,000 $825,000 $512,000
2014 -- $1,059,000 $655,000 $404,000
2013 -- $964,000 $655,000 $309,000
Source: Public Records

Agents Affiliated with this Home

  • John Madrid

    Seller's Agent in 2014

    John Madrid

    Reaologics Sothebys International Realty

    (206) 498-1880

    2 in this area

    100 Total Sales

    John Madrid
    Section Image

  • L

    Buyer's Agent in 2014

    Liz Chalmers

    Windermere Corporate

    Section Image
  • Linda Wyman

    Seller's Agent in 2012

    Linda Wyman

    Avenue Properties

    (206) 407-6200

    1 in this area

    4 Total Sales

    Linda Wyman
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM714550

Northwest Multiple Listing Service (NWMLS)

APN: 108400-0107

Washington King County Seattle 98112 Madison Park

1852 40th Ave E, Seattle, WA

This home is located at 1852 40th Ave E, Seattle, WA 98112 since 06 November 2014 and is currently estimated at $2,627,349, approximately $915 per square foot. This property was built in 1951. 1852 40th Ave E is a home located in King County with nearby schools including McGilvra Elementary School, Meany Middle School, and Garfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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