NOT LISTED FOR SALE

22407 40th Place W Mountlake Terrace, WA 98043

Estimated Value: $850,000 - $898,509

4 Beds
2 Baths
1,786 Sq Ft
$490/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $535,000 $300 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,194/month

45 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Patio
  • Wood Flooring
  • Attached Garage
  • 5-minute walk to Firefighter Memorial Park

About This Home

As of June 2017

Exceptionally remodeled rambler features 4 beds, 2 baths, wood floors, upgraded doors and millwork and nearly 1800 sq ft of living space. Beautiful kitchen includes quartz slab counter tops, soft close cabinets, full backsplash and stainless steel appliances. Gorgeous bathrooms feature tile showers and quartz countertops. Spacious floor plan offers plenty of room and natural light. Large level lot with patios excellent for entertaining. Great location close to schools highways and shopping.

Last Agent to Sell the Property

Jesse Le

Inspire Realty License #79516 Listed on: 04/06/2017

Co-Listed By

Pamela Dorgan

Realty One Group Imagine License #18412

Last Buyer's Agent

Ted Meenk

RE/MAX Northwest License #2796

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1096268

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,604

Year Built

  • Built in 1964

Lot Details

  • 7,405

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Deck
  • Patio

Community Details

  • Mountlake Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 00406600005400

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,604

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Estimated Sq Ft: 1786
  • Square Footage Finished: 1786

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mountlake Terrace
  • Water Company: City of Mountlake Terrace
  • Water Heater: gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mountlake Terrace
  • Project: Cedar Park Estates

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: ED

Lot Info

  • Lot Number: 54
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 7405
  • Parcel Number: 00406600005400
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 3343

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jun 5, 2017
Sold by
Le Phong
Bought by
Stevenson Sandra E and Carlton Mykal
Seller's Agent
Jesse Le
Inspire Realty
Buyer's Agent
Ted Meenk
RE/MAX Northwest
List Price
$485,000
Sold Price
$535,000
Premium/Discount to List
$50,000
10.31%
Total Days on Market
45
Current Estimated Value
$875,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,127
Avg. Annual Appreciation
6.25%
Original Mortgage
$424,100
Outstanding Balance
$357,052
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$510,887

Purchase Details

Closed on
Oct 7, 2016
Sold by
Condon Brian
Bought by
Le Phong

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
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2016
Sold by
Estate Of James L Hurd and Condon Brian
Bought by
Condon Brian

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
3.43%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Stevenson Sandra E $535,000 Old Republic Title Ltd
Le Phong $300,000 Rainier Title Llc
Condon Brian -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Sandra E $25,000
Open Stevenson Sandra E $424,100
Previous Owner Le Phong $270,000
Previous Owner Hurd James Leith $185,000
Previous Owner Hurd James L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $535,000 +10.3% $300 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $485,000 0.0% $272 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $485,000 -- $272 / 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
2025 $6,604 $800,300 $452,000 $348,300
2024 $6,604 $821,300 $473,000 $348,300
2023 $5,959 $833,100 $483,000 $350,100
2022 $5,626 $646,900 $350,000 $296,900
2020 $5,333 $540,800 $285,000 $255,800
2019 $5,005 $510,300 $271,000 $239,300
2018 $3,512 $311,600 $225,000 $86,600
2017 $3,342 $312,500 $195,000 $117,500
2016 $2,953 $287,000 $172,000 $115,000
2015 $2,819 $257,000 $146,000 $111,000
2013 $2,462 $213,000 $116,000 $97,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1096268

Northwest Multiple Listing Service (NWMLS)

APN: 004066-000-054-00