Listed by Lake & Company, Bought with Wilson Realty Exchange, Inc.
$1,200,000
SOLD MAY 12, 2025
5 Beds
3 Baths
1,920 Sq Ft
6,650 Sq Ft Lot

Recently Sold

$625 Per Sq Ft

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Wood Siding
  • View Ridge Elementary School Rated A
  • Bathroom on Main Level

About This Home

As of May 2025

This home is located at 7340 40th Ave NE, Seattle, WA 98115 and is currently priced at $1,200,000, approximately $625 per square foot. This property was built in 1947. 7340 40th Ave NE is a home located in King County with nearby schools including View Ridge Elementary School, Eckstein Middle School, and Roosevelt High School.

Last Agent to Sell the Property

Sarah Nickel Smith

Lake & Company License #121670 Listed on: 05/12/2025

Lake & Company

Last Buyer's Agent

Christian Nossum

Wilson Realty Exchange, Inc. License #80532

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2376034

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,412

Year Built

  • Built in 1947

Lot Details

  • 6,650 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • Bathroom on Main Level

Community Details

  • No Home Owners Association
  • View Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7176300020

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,412

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1947
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1920
  • EffectiveYearBuiltSource: Public Records
  • DetachedDwellingSqFtFinished: 0
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: No
  • Living Area: 1920
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 2.75
  • BathsFullMain: 1
  • SquareFootageFinished: 1920
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel Number: 7176300020
  • Land Lease: No
  • Lot Size Acres: 0.1527
  • Lot Size Sq Ft: 6650
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2025
Closed on
May 1, 2025
Sold by
Foss Erik and Foss Cynthia H
Bought by
Nossum Shannon and Nossum Christian
Seller's Agent
Sarah Nickel Smith
Lake & Company
Buyer's Agent
Christian Nossum
Wilson Realty Exchange, Inc.
List Price
$1,200,000
Sold Price
$1,200,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.52%
Original Mortgage
$1,484,976
Outstanding Balance
$1,484,976
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
-$195,494

Purchase Details

Closed on
Apr 24, 1997
Sold by
Foss Erik W and Foss Cynthia H E
Bought by
Foss Erik W and Foss Cynthia H E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6%

Purchase Details

Closed on
Mar 27, 1996
Sold by
Rea Caroline M and Auerswald Caroline M
Bought by
Eckman Cynthia H and Foss Erik W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.98%
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 Type Sale Price Title Company
Warranty Deed $1,200,000 Ticor Title
Interfamily Deed Transfer -- Pacific Northwest Title Co
Warranty Deed $128,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,484,976 Construction
Previous Owner $350,000 New Conventional
Previous Owner $281,900 New Conventional
Previous Owner $299,000 Unknown
Previous Owner $275,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $130,500 No Value Available
Previous Owner $128,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $1,200,000 0.0% $625 / Sq Ft
05/12/2025 05/12/25 For Sale $1,200,000 -- $625 / 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 $11,412 $1,138,000 $638,000 $500,000
2023 $9,838 $1,006,000 $595,000 $411,000
2022 $9,444 $1,189,000 $662,000 $527,000
2021 $8,597 $996,000 $565,000 $431,000
2020 $8,393 $857,000 $467,000 $390,000
2018 $7,407 $795,000 $400,000 $395,000
2017 $6,688 $723,000 $364,000 $359,000
2016 $6,227 $675,000 $340,000 $335,000
2015 $5,482 $614,000 $309,000 $305,000
2014 -- $552,000 $279,000 $273,000
2013 -- $475,000 $231,000 $244,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2376034

Northwest Multiple Listing Service (NWMLS)

APN: 717630-0020