Listed by John L. Scott, Inc, Bought with Pellego, Inc.
$355,000
SOLD FEB 7, 2025

21240 40th Place S Unit E Seatac, WA 98198

Riverfront Neighborhood
2 Beds
1 Bath
972 Sq Ft
$457/mo HOA Fee

Recently Sold

$365 Per Sq Ft

5% Below List Price

Highlights

  • Unit is on the top floor
  • 35.04 Acre Lot
  • Traditional Architecture
  • Kentridge High School Rated A
  • Property is near public transit
  • Balcony

About This Home

As of February 2025

Centrally nestled in a convenient location just minutes to amenities and hwys. Embracing an airy layout, discover a generously sized kitchen w/ sleek shaker cabinets, ss appliances, and abundant storage. The primary suite boasts a spacious closet and bath, while the sizable second bedroom offers versatile usage. Step onto your private covered deck, an idyllic space for year-round enjoyment. Convenience is key with a connected 1-car garage and an additional space right at your doorstep. Situated in a tranquil, well-kept community mere moments from Southcenter, the Airport, and major freeways, this residence presents an ideal hub for commuters and investors alike. No rental cap!

Last Agent to Sell the Property

Derek Tu

John L. Scott, Inc License #118536 Listed on: 11/07/2024

John L. Scott, Inc

Co-Listed By

Bryan Asher

John L. Scott, Inc

Last Buyer's Agent

Eddie Edwards

Pellego, Inc. License #103842

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2308933

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,073

Year Built

  • Built in 2006

Lot Details

  • West Facing Home
  • Sprinkler System

HOA Fees

  • $457 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Metal Construction or Metal Frame
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 972 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Neely O Brien Elementary School
  • Mill Creek Mid Sch Middle School
  • Kent-Meridian High School

Utilities

  • Baseboard Heating
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, sewer, snow removal, water
  • 190 Units
  • Kwasi Okyere Association
  • Secondary HOA Phone (425) 283-5858
  • Viewcrest Condos
  • Seatac Subdivision
  • Park Phone (425) 283-5858 | Manager Kwasi Okyere
  • Property is near a preserve or public land

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,073

Year Built

Built in 2006

Lot Details

0

HOA Fees

$457 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 2006
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Viewcrest
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 972
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 15
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Sprinkler System,Top Floor,Walk-in Closet
  • DetachedDwellingSqFtFinished: 0
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2308933?w=Consumer&agent=102353
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Fireplace, Wall to Wall Carpet, Washer, Water Heater
  • Stories: 2
  • Bathrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)
  • FireplacesUpper: 1
  • StorageLocation: Garage
  • WindowCoverings: Curtains
  • NWM_NumberOfBathtubs: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Adjacent to Public Land, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl, Wood
  • Direction Faces: West
  • Exterior Features: Metal/Vinyl, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 161

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • ParkingSpaceNumbers: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • PowerCompany: PSE
  • SewerCompany: HOA
  • WaterCompany: HOA
  • WaterHeaterLocation: Utility Closet
  • WaterHeaterType: Tank
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Park Manager Name: Kwasi Okyere
  • Park Manager Phone: 425-283-5858
  • Senior Community: No
  • Association Fee: 457
  • Association Fee Frequency: Monthly
  • Phone: 425-283-5858
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Kwasi Okyere
  • CoOp: false

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, Sewer, Snow Removal, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Kent
  • High School: Kent-Meridian High
  • Middle Or Junior School: Mill Creek Mid Sch

Lot Info

  • Parcel Number: 8937801190
  • Lot Size Acres: 35.0368
  • Lot Size Sq Ft: 1526204
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4073

Multi Family

  • Number Of Units In Community: 190
  • EnergySource: Electric
  • UnitsInBuildingTotal: 44

MLS Schools

  • Elementary School: Neely O Brien Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Feb 5, 2025
Sold by
Yurina Gary
Bought by
Morris Mignon
Seller's Agent
Derek Tu
John L. Scott, Inc
Buyer's Agent
Eddie Edwards
Pellego, Inc.
List Price
$374,900
Sold Price
$355,000
Premium/Discount to List
-$19,900
-5.31%
Views
34
Current Estimated Value
$363,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,055
Avg. Annual Appreciation
3.41%
Original Mortgage
$343,151
Outstanding Balance
$341,088
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$21,967

Purchase Details

Closed on
Feb 12, 2021
Sold by
Madson Shawna
Bought by
Yurina Gary

Purchase Details

Listed on
Sep 13, 2013
Closed on
Dec 12, 2013
Sold by
Fannie Mae
Bought by
Madson Shawna
Seller's Agent
Chad Beckwith
eXp Realty
Buyer's Agent
Chuck Walle
Crestview Realty Advisors
List Price
$161,000
Sold Price
$138,900
Premium/Discount to List
-$22,100
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$136,383
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 2013
Sold by
Kapala Marcin S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 2007
Sold by
St Multi 1 Llc
Bought by
Kapala Marcin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,404
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $355,000 None Listed On Document
Warranty Deed $290,000 First American Title
Bargain Sale Deed -- Chicago Title
Trustee Deed $284,439 None Available
Warranty Deed $238,404 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $343,151 FHA
Previous Owner $136,383 FHA
Previous Owner $238,404 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2025 02/07/25 Sold $355,000 0.0% $365 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
12/09/2024 12/09/24 Price Changed $355,000 -5.3% $365 / Sq Ft
11/07/2024 11/07/24 For Sale $374,900 +169.9% $386 / Sq Ft
12/18/2013 12/18/13 Sold $138,900 -7.3% $143 / Sq Ft View Prior Sale
11/14/2013 11/14/13 Pending -- -- --
10/20/2013 10/20/13 Price Changed $149,900 -6.9% $154 / Sq Ft
09/13/2013 09/13/13 For Sale $161,000 -- $166 / 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 $3,684 $363,000 $34,700 $328,300
2023 $4,073 $386,000 $33,900 $352,100
2022 $3,321 $322,000 $32,700 $289,300
2021 $3,249 $273,000 $31,100 $241,900
2020 $3,155 $260,000 $29,500 $230,500
2018 $2,771 $234,000 $23,400 $210,600
2017 $2,347 $207,000 $23,400 $183,600
2016 $2,190 $173,000 $22,200 $150,800
2015 $2,054 $153,000 $22,200 $130,800
2014 -- $140,000 $20,200 $119,800
2013 -- $104,000 $16,100 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2308933

Northwest Multiple Listing Service (NWMLS)

APN: 893780-1190