Sold105d on marketHistoric · 100 yrs
12031 40th Avenue NE
Seattle, WA, 98125 • Cedar Park • King County
$1,240,000
$932/sqft
2Beds
2Baths
1,330Sqft
0.24 acLot
1926Built
Property DNA
Territorial Views
Territorial
Craftsman Style
Built 1926 · 100 years of history
Lake City
Cedar Park
Outdoor Living
Ceramic Tile · Wall to Wall Carpet · Ceiling Fan(s) · Double Pane/Storm Window · Skylight(s) · Vaulted Ceiling(s) · Water Heater
1-Car Garage
RV Parking · Detached Garage · Off Street
Ceramic Tile Floors
Quality flooring throughout
This home is getting attention
Listed 105 days ago · 6 views
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
105 days on market
Established listing
$932/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 25% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1926 · Historic
INVESTMENT OPPORTUNITY! Excellent opportunity to develop this .24 acre property in the Cedar Park community. This predominantly level lot has a slight slope at the rear of property, and is located north of Matthews Beach and close to Burke Gilman Trail. This offers a fantastic opportunity for the right buyer looking to see their dream home come to life. Rear ally access available via 120th St. to provide a second entrance at the back of the property for development of a second lot or separate ADU access, if permitted. Property will require cash/private money to finance. Property sold in as-is condition. Value is in the land. Buyer to confirm all information to their satisfaction.
Estimated monthly payment
Based on current rates
$7,674/month
Principal & Interest$6,021
Property Tax$1,240
Insurance$413
Down payment20% ($248,000)
3%50%
Est. 6.12% rate · 30yr fixed · $992,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1926
HeatingBaseboard, Forced Air, Electric, Natural Gas
CoolingNone
Parking1 Garage space
Lot10,445 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleCraftsman
ConditionFixer
Year built1926
Stories1
Systems
HeatingBaseboard, Forced Air, Electric, Natural Gas
CoolingNone
RoofComposition,Torch Down
ConstructionWood Siding, Wood Products
Water / SewerPublic, Company: Seattle Public Utilities / Sewer Connected, Company: Seattle Public Utilities
Parking & Outdoor
ParkingRV Parking, Detached Garage, Off Street
Garage1 spaces
BasementPartially Finished
Lot10,445 sqft
Location & Tax
NeighborhoodCedar Park
Annual tax$1,463
Parcel8820901170
Bathrooms & Fees
Full baths1
Features & details
13 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Appliances
GarbageDisposal_
Garbage Disposal
Water Heater: Electric
Water Heater Location: Basement
Flooring
Ceramic Tile
Vinyl
Carpet
Heating
Baseboard
Forced Air
Electric
Natural Gas
Cooling
None
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
RV Parking
Detached Garage
Off Street
Construction
Wood Siding
Wood Products
Patio & Porch
Ceramic Tile
Wall to Wall Carpet
Ceiling Fan(s)
Double Pane/Storm Window
Skylight(s)
Vaulted Ceiling(s)
Water Heater
Lot Features
Paved
Value In Land
Cable TV
Deck
Fenced-Partially
Gas Available
Outbuildings
RV Parking
Shop
Views
Territorial
Utilities
Xfinity/Comcast
Xfinity/Comcast
Other Equipment
Leased Equipment: N/A
Room details
10 rooms detailed
Master Bedroom
MainBedroom
MainBathroom Full
MainOther
LowerOther
MainEntry Hall
MainListing insights
Market data and value estimates
StatusSold
Days on market105
Est. value$1,258,600
Est. rent$3,250/mo
Tax rate0.82%
Price/sqft$932
On marketMar 11, 2024
PostedFeb 15, 2024
Last sold$1,240,000
MLS statusSold
MLS updatedMar 15, 2024
Tour days6
Views6
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98125
Price history
4 events
DateEventPrice$/sqftSource
Dec 23, 2025Sold$1,240,000$932Public Record
Mar 14, 2024Sold$639,000$480NWMLS as distributed by MLS GRID
Feb 19, 2024Pending Sale$639,000$480NWMLS as distributed by MLS GRID
Feb 15, 2024Listed For Sale$639,000$480NWMLS as distributed by MLS GRID
Sold$1,240,000
Dec 23, 2025•$932/sqft•Public Record
Sold$639,000
Mar 14, 2024•$480/sqft•NWMLS as distributed by MLS GRID
Pending Sale$639,000
Feb 19, 2024•$480/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$639,000
Feb 15, 2024•$480/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$6,789$629,000
Apr 8, 2023$1,539$308,000
Apr 8, 2022—$308,000
Apr 8, 2021$1,500$308,000
Apr 8, 2020$1,473$308,000
Apr 8, 2019$1,409$308,000
Apr 8, 2018$1,376$308,000
Apr 8, 2017$1,416$425,000
Apr 8, 2016$1,235$355,000
Apr 8, 2015$1,235$325,000
Apr 8, 2014$1,235$285,000
Apr 8, 2013$1,235$265,000
Apr 8, 2012—$236,000
Apr 8, 2011—$265,000
Apr 8, 2010—$308,000
Apr 8, 2009—$308,000
Apr 8, 2007—$272,000
Apr 8, 2006—$246,000
Apr 8, 2005—$233,000
Apr 8, 2001$2,303$192,000
Apr 8, 2000$2,232$177,000
Nearby homes
Neighborhood details
Local context around this listing
Seattle, WA • King County
Nearby neighborhoods
AdamsCapitol HillFirst HillFremontGreenwoodMagnoliaMinorRavennaUniversity DistrictWallingford
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040981039810598109981159811798118981229812598133
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Based on information submitted to the MLS GRID as of 2026-04-07 21:08:57 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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