NOT LISTED FOR SALE

5907 40th Ave SW Unit BD Seattle, WA 98136

Fairmount Park Neighborhood

Estimated Value: $430,000 - $566,000

2 Beds
1 Bath
778 Sq Ft
$622/Sq Ft Est. Value

About This Home

This home is located at 5907 40th Ave SW Unit BD, Seattle, WA 98136 and is currently estimated at $484,222, approximately $622 per square foot. 5907 40th Ave SW Unit BD is a home located in King County with nearby schools including Madison Middle School, West Seattle High School, and Hope Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2020
Sold by
Farmer Debra V
Bought by
Smith Erika Renee and Farmer Debra V
Current Estimated Value
$484,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$292,559
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$173,879

Purchase Details

Closed on
Mar 27, 2020
Sold by
Farmer Debra V
Bought by
Smith Erika Renee and Farmer Debra V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$292,559
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$173,879

Purchase Details

Closed on
Sep 23, 2013
Sold by
Zynger Ryan Clare
Bought by
Farmer Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
4.46%

Purchase Details

Closed on
May 3, 2005
Sold by
Harper Joseph
Bought by
Zynger Ryan Clare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.75%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Smith Erika Renee $360,000 Wfg National Title Insurance
Smith Erika Renee $360,000 Wfg National Title Insurance
Farmer Debra $230,000 Stewart Title
Zynger Ryan Clare $218,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Erika Renee $324,000
Closed Smith Erika Renee $324,000
Previous Owner Farmer Debra $218,500
Previous Owner Zynger Ryan Clare $138,000
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
2024 $3,917 $402,000 $154,000 $248,000
2023 $3,083 $378,000 $154,000 $224,000
2022 $3,289 $356,000 $148,500 $207,500
2021 $3,681 $352,000 $132,000 $220,000
2020 $3,537 $377,000 $132,000 $245,000
2018 $2,881 $357,000 $132,000 $225,000
2017 $2,373 $287,000 $110,000 $177,000
2016 $2,326 $243,000 $88,000 $155,000
2015 $2,239 $233,000 $66,000 $167,000
2014 -- $230,000 $66,000 $164,000
2013 -- $154,000 $66,000 $88,000
Source: Public Records

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