Listed by Lennar Sales Corp., Bought with Better Properties Covington
NOT LISTED FOR SALE

5045 40th St NE Tacoma, WA 98422

Northeast Tacoma Neighborhood

Estimated Value: $668,423 - $766,000

4 Beds
3 Baths
2,219 Sq Ft
$326/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $319,995 $144 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,497/month

88 Days on Market

About This Home

As of October 2014

September move-in & $5,000 BB with preferred lender! Brand new WELLINGTON offers amazing design, function, & energy efficiency! Included features Stainless steel GE appliances, rich granite slab, 5"premium laminate floors, stately maple cabinets, 5 piece master suite, just to name a few! 3 bedroom + Bonus Rm/4th bedroom + main floor Den. 2+ Car Garage means extra storage! Private cul-de-sac location! Ask about our 10 yr limited warranty. Photos are of similar home and for illustration only.

Last Agent to Sell the Property

Fay Sargent

Lennar Sales Corp. License #44470 Listed on: 05/19/2014

Lennar Sales Corp.

Co-Listed By

Brian Nelson

The Excell Group, Inc.

Last Buyer's Agent

Derek Kim

Better Properties Covington License #92105

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM628217

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$6,597

Year Built

2014

Lot Details

0

Listing Details

  • Sq Ft Finished: 2219
  • Form 17: Not Provided
  • Special Features: NewHome
  • Year Built: 2014

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Fireplaces: 1
  • Features: Bath Off Master, Double Pane/Storm Window, Walk-in Closet
  • Fireplaces: 1
  • Floor: Laminate, Vinyl, Wall to Wall Carpet
  • Water Heater Location: Garage-Tankless

Exterior Features

  • Roof: Composition
  • Homebuilder: D.R. Horton Homes
  • Community Features: CCRs
  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Lot Details: Cul-de-sac, Curbs, Dead End Street, Paved Street, Sidewalk
  • Roof: Composition
  • Site Features: Cable TV, Partial Fence, Natural Gas Available, High Speed Internet, Patio

Garage/Parking

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

Utilities

  • Cooling: Forced Air, High Efficiency (Unspecified)
  • Heating: Forced Air, High Efficiency (Unspecified), Tankless Water Heater
  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Heating and Cooling: Forced Air, High Efficiency (Unspecified), Tankless Water Heater
  • Power Company: Tacoma Power/PSE
  • Sewer: Connected
  • Sewer Company: Tacoma Water
  • Water Company: Tacoma Water
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 23
  • HOA Fee Frequency: Annual

Schools

  • School District: TAC
  • Elementary School: Crescent Heights
  • Middle School: Meeker
  • High School: Stadium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2014
Closed on
Sep 10, 2014
Sold by
Sshi Llc
Bought by
Lee Dale and Lee Kyoung Hee
Seller's Agent
Fay Sargent
Lennar Sales Corp.
Buyer's Agent
Derek Kim
Better Properties Covington
List Price
$329,995
Sold Price
$319,995
Premium/Discount to List
-$10,000
-3.03%
Current Estimated Value
$724,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,361
Avg. Annual Appreciation
7.80%
Original Mortgage
$220,000
Outstanding Balance
$152,065
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$573,334
Source: Public Records

Range of Values:

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ICE

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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
Lee Dale $319,714 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Dale $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $319,995 0.0% $144 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
08/13/2014 08/13/14 Price Changed $319,995 -3.0% $144 / Sq Ft
05/19/2014 05/19/14 For Sale $329,995 -- $149 / 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 $6,597 $613,000 $261,200 $351,800
2024 $6,597 $596,300 $216,300 $380,000
2023 $6,597 $592,900 $210,300 $382,600
2022 $5,938 $620,800 $192,300 $428,500
2021 $5,722 $455,500 $144,200 $311,300
2019 $5,171 $418,000 $117,800 $300,200
2018 $5,693 $398,100 $109,800 $288,300
2017 $5,279 $360,600 $93,700 $266,900
2016 $2,969 $177,700 $73,600 $104,100
2014 -- $170,700 $66,600 $104,100
2013 -- $53,500 $53,500 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2014

    Fay Sargent

    Lennar Sales Corp.

    (253) 528-8860

    191 Total Sales

    Fay Sargent
    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Brian Nelson

    The Excell Group, Inc.

  • Derek Kim

    Buyer's Agent in 2014

    Derek Kim

    Better Properties Covington

    (206) 550-3657

    11 Total Sales

    Derek Kim
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM628217

Northwest Multiple Listing Service (NWMLS)

APN: 500481-0160

Washington Pierce County Tacoma 98023 Northeast Tacoma

5045 40th St NE, Tacoma, WA

This home is located at 5045 40th St NE, Tacoma, WA 98422 since 19 May 2014 and is currently estimated at $724,356, approximately $326 per square foot. This property was built in 2014. 5045 40th St NE is a home located in Pierce County with nearby schools including Crescent Heights Elementary, Meeker Middle School, and Stadium High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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