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$565,000
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Property Description
Attention Investors and future Homeowners looking for quick sweat equity! This could be your next great cosmetic fixer project! A wonderful opportunity less than 1.5 miles to the new Lynnwood light rail station. Open and bright main floor living areas w/18' vaulted ceilings at the entry, kitchen w/stainless appliances, and breakfast nook opens to a fenced backyard and patio. 3 bedrooms, 2.5 baths, main floor laundry/powder room, storage options throughout, and a new roof installed in November of 2024. Oversized primary bedroom suite w/private bath and walk-in closet. 2 car garage w/gas furnace and water heater. Just minutes to Lynnwood's City Center w/shopping, restaurants, coffee shops, and easy access to I5 & I405 North or South.
Full Property Details
Full Property Details for 21407 40th Ave W
General
- Sold For: $565,000
- HOA FEE: $385/month
- Taxes: $5,129 (2024)
- Status: Closed
- Type: Single Family
- Source: NWMLS
- MLS ID: 2331529
- Added to Site: 371 day(s) ago
Interior
- Interior Features: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Hardwood, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wall to Wall Carpet, Water Heater
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Hardwood, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Upper - Full Baths: 2
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
Additional Information
- Amenities: Cabana/Gazebo, Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached Garage
Location
- Area: 730 - Southwest Snohomish
- County: Snohomish
- Subdivision: Mountlake Terrace
- Building Name: Laurel Ridge
- Driving Directions: From 196th St SW, South on 44th Ave W, East on 214th St SW, Right on 40th into Laurel Ridge neighborhood, home is the 4th on the Left.
- Direction Faces: West
School Information
- High School District: Edmonds
- Elementary School: Cedar Way Elem
- Middle School: Brier Terrace Mid
- High School: Mountlake Terrace Hi
Community
- Association: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Water Heater: Gas
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Brick, Metal/Vinyl
- Basement Desc.: None
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 1,515
- Living Area: 1,515 Sq. Ft.
- Finished Total: 1,515 Sq. Ft.
- Year Built: 1999
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size Source: Public Records
- Topography: Level
- Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
Financial Considerations
- Association Fee: $385
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,129
- Tax Year: 2024
- Terms: Cash Out, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 879700000400
- Lot Number: 4
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Schools
Schools serving 21407 40th Ave W
School District:Edmonds School District
| Name | Grades | Distance |
|---|---|---|
Cedar Way Elementary School 22222 39th Ave W, Mountlake Terrace, WA 98043 | K-6 | 0.5 mi |
Brier Terrace Middle School 22200 Brier Road, Brier, WA 98036 | 7-8 | 0.6 mi |
Mountlake Terrace High School 21801 44th Ave W, Mountlake Terrace, WA 98043 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21407 40th Ave W
Date
Details
Price
Change
Source
3/12/2025
Sold
$565,000
7.62%
MLS
2/21/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
21407 40th Avenue W, Mountlake Terrace, WA 98043 (MLS# 2331529) is a Single Family property that was sold at $565,000 on March 12, 2025. Want to learn more about 21407 40th Avenue W? Do you have questions about finding other Single Family real estate for sale in Mountlake Terrace? You can browse all Mountlake Terrace real estate or contact a Coldwell Banker agent to request more information.

