Listed by Specialty Real Estate Group
$400,000

4823 40th Ave SW Unit B&C Seattle, WA 98116

Fairmount Park Neighborhood

Estimated payment $2,900/month

Total Views 8,805
0.07 Acre
$6,042,296 Price per Acre
2,883 Sq Ft Lot

Highlights

  • Territorial View
  • No HOA
  • Level Lot
  • Fairmount Park Elementary Rated A-

About This Lot

Attention Builders, Developers, and Investors! Alaska Junction site with plans and permits at closing for TWO 4 bed / 3.5 bath townhomes (1784 SF each) + TWO lower level 1 bed/1 bath ADUs (519 SF each) along with 3 off street parking spaces per plan. Highly efficient floor plans designed by award winning CB Anderson Architects. Buyer to pay for MHA contribution ($68,109) and final permit fees. Seller is finalizing unit lot subdivision with surveyor and closing shall take place after. Existing home on property not included in sale. Enjoy stunning views from finished homes.

Listing Agent

Adrian Chu

Specialty Real Estate Group License #26434

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2319243

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,064

Year Built

  • 1918

Lot Details

  • 2,883 Sq Ft Lot
  • Level Lot

Additional Features

  • Territorial Views
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Alaska Junction Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 7579200715

Property Details

Property Type

Land

Est. Annual Taxes

$8,064

Year Built

1918

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None
  • Year Built (Public Record): 1918
  • Cumulative Days on Market: 120

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement
  • WaterJurisdiction: SPU

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7579200715
  • Topography: Level,Sloped
  • Lot Size Acres: 0.0662
  • Lot Size Sq Ft: 2883
  • Zoning Description: Residential
  • Zoning: RSL(M)
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Plan Map
  • ZoningJurisdiction: City

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8064

Map

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,976 $891,000 $555,000 $336,000
2023 $8,064 $810,000 $489,000 $321,000
2022 $6,663 $772,000 $342,000 $430,000
2021 $6,595 $681,000 $317,000 $364,000
2020 $6,445 $642,000 $296,000 $346,000
2018 $5,686 $640,000 $297,000 $343,000
2017 $5,152 $543,000 $261,000 $282,000
2016 $4,804 $509,000 $253,000 $256,000
2015 $3,795 $464,000 $229,000 $235,000
2014 -- $370,000 $207,000 $163,000
2013 -- $337,000 $207,000 $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 For Sale $400,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $313 None Listed On Document
Quit Claim Deed $313 Rainier Title Company
Quit Claim Deed $313 Rainier Title Company
Interfamily Deed Transfer -- Cw Title Co
Interfamily Deed Transfer -- Cw Title Co
Interfamily Deed Transfer -- Cw Title Co
Interfamily Deed Transfer -- Cw Title Co
Warranty Deed $701,000 Cw Title Co
Warranty Deed $400,000 First American
Trustee Deed $331,500 1St Am
Quit Claim Deed -- None Available
Quit Claim Deed -- Lawyers Title
Warranty Deed $345,000 Lawyers Title
Warranty Deed $187,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $522,260 New Conventional
Previous Owner $560,800 New Conventional
Previous Owner $254,871 Seller Take Back
Previous Owner $119,000 Credit Line Revolving
Previous Owner $69,000 Stand Alone Second
Previous Owner $241,500 Fannie Mae Freddie Mac
Previous Owner $185,967 FHA
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2319243

Northwest Multiple Listing Service (NWMLS)

APN: 757920-0715