NOT LISTED FOR SALE

19501 40th Ave W Lynnwood, WA 98036

-- Bed
-- Bath
337,473 Sq Ft
1.74 Acres

About This Home

This home is located at 19501 40th Ave W, Lynnwood, WA 98036. 19501 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
Mar 7, 2019
Sold by
Lynnwood City Center Senior Living Assoc
Bought by
Cpi Grep Aa I Lynnwood Owner Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800,000
Outstanding Balance
$10,666,571
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 11, 2016
Sold by
Lynnwood City Center Senior Living Assoc
Bought by
Lynnwood City Center Senior Living Assoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,576,000
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2013
Sold by
Washington Federal
Bought by
Lynnwood City Center Senior Living Assoc

Purchase Details

Closed on
Jun 24, 2010
Sold by
Mastro Michael R
Bought by
Washington Federal Savings

Purchase Details

Closed on
Jan 16, 2007
Sold by
Lctr Llc
Bought by
Mastro Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 1996
Sold by
Lynn Enterprises Iii
Bought by
Jfx Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Cpi Grep Aa I Lynnwood Owner Lp -- Stewart Title Guaranty Co
Lynnwood City Center Senior Living Assoc -- Stewart Title Guaranty Co
Lynnwood City Center Senior Living Assoc $1,650,000 First American Title Ins Co
Washington Federal Savings $5,399,999 1St American
Mastro Michael R $6,975,000 Pnwt
Jfx Llc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cpi Grep Aa I Lynnwood Owner Lp $46,800,000
Previous Owner Lynnwood City Center Senior Living Assoc $39,576,000
Previous Owner Lynnwood City Center Senior Living Assoc $1,000,000
Previous Owner Mastro Michael R $1,000,000
Previous Owner Mastro Michael R $6,500,000
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 $1,246 $65,753,900 -- $65,753,900
2024 $1,246 $70,119,900 -- $70,119,900
2023 $1,203 $67,939,500 $0 $67,939,500
2022 $1,261 $68,729,000 $0 $68,729,000
2020 $0 $55,337,000 $0 $55,337,000
2019 $487,481 $48,622,000 $2,127,100 $46,494,900
2018 $487,481 $42,280,000 $2,051,100 $40,228,900
2017 $14,172 $1,340,100 $1,340,100 $0
2016 $14,148 $1,339,800 $1,339,800 $0
2015 $15,281 $1,360,600 $1,290,000 $70,600
2013 $6,171 $521,000 $465,500 $55,500
Source: Public Records

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