NOT LISTED FOR SALE

Estimated Value: $1,472,000 - $1,547,000

5 Beds
4 Baths
3,900 Sq Ft
$390/Sq Ft Est. Value

About This Home

This home is located at 18618 40th Ave W, Lynnwood, WA 98037 and is currently estimated at $1,520,923, approximately $389 per square foot. 18618 40th Ave W is a home located in Snohomish County with nearby schools including Lynnwood Elementary School, Alderwood Middle School, and Lynnwood High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2022
Sold by
Yi Jay G
Bought by
Cho Mikyung
Current Estimated Value
$1,520,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$976,659
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$434,576

Purchase Details

Closed on
Jan 10, 2022
Sold by
Mikyung Cho
Bought by
Menegestu Wondlfraw and Kassahun Hirut Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$976,659
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$434,576

Purchase Details

Closed on
Jan 14, 2019
Sold by
Cho Ki Doo and Cho Young Hee
Bought by
Yi Jay G and Yi Mi Kyung

Purchase Details

Closed on
Mar 15, 2011
Sold by
Yi Jay G and Yi Mikyung
Bought by
Cho Ki Doo and Cho Young Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2004
Sold by
Cho Ki Doo and Cho Young Hee
Bought by
Yi Jay G and Yi Mikyung

Purchase Details

Closed on
Jul 8, 2004
Sold by
Cho Young Hee
Bought by
Cho Ki Doo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
5.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cho Mikyung $313 None Listed On Document
Menegestu Wondlfraw $1,300,000 Chicago Title
Yi Jay G -- None Available
Cho Ki Doo -- Commonwealth Land Title
Yi Jay G -- Chicago Title Insurance Co
Cho Ki Doo $11,235 Ticor Title
Cho Ki Doo $450,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menegestu Wondlfraw $1,040,000
Previous Owner Cho Ki Doo $401,000
Previous Owner Cho Ki Doo $145,000
Previous Owner Yi Jay G $417,000
Previous Owner Cho Ki Doo $314,500
Source: Public Records

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
2025 $7,795 $1,016,800 $458,600 $558,200
2024 $7,795 $1,004,400 $446,200 $558,200
2023 $8,006 $1,073,000 $453,000 $620,000
2022 $7,646 $839,700 $313,500 $526,200
2020 $7,360 $716,200 $262,200 $454,000
2019 $7,022 $685,900 $236,600 $449,300
2018 $7,070 $612,700 $207,100 $405,600
2017 $5,817 $549,800 $172,000 $377,800
2016 $5,087 $481,400 $152,000 $329,400
2015 $5,025 $447,100 $134,000 $313,100
2013 $4,615 $389,500 $110,000 $279,500
Source: Public Records

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