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Off market
  • $2,948,500

    5230 40th Ave W, Seattle, WA 98199

    4beds
    2baths
    3,000sqft
    SingleFamily
    Built in 1948
    0.3 Acres Lot
    $2,948,500 Zestimate®
    $983/sqft
    $4,681 Estimated rent

    Home value

    $2,948,500

    $2.71M - $3.18M

    $4,681/mo

    Zestimate® history
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    Owner options

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    $4,681/mo

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    $4,681/mo

    Rent Zestimate®

    Refinance and save

    $14,480/mo

    Est. payment

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    $14,480/mo

    Est. payment

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    What's special

    Magnolia Waterfront 4Bed/2Bath Home for Rent - A Boater's Paradise! Private Dock + Beach! - A boater's absolute paradise! This exceptional home rental includes it's own private dock, deep water buoy, boathouse, 55 feet of sandy beach & ramp! Located just outside of The Locks on saltwater Salmon Bay, this home boasts the Seattle "dream" lifestyle that only movies are made of. Make your new daily hobbies catching crab 30 feet off the dock, paddle boarding with the sea lions or exploring the Puget Sound via kayak. Embrace the gorgeous panoramic Bay views from the wall of windows inside the living room or outside on either the expansive deck or spacious backyard lawn. Nestled among the quaint neighborhood of Magnolia, this 4bed/2bath 3,000 square foot home features a new kitchen, recreation + bonus rooms, and vaulted ceiling in the main-level Great room; the ideal space for year-round entertaining! Whether walking just a few steps to Seattle's largest park (Discovery) or across The Locks to Ballard's downtown Market Street, this ideal location provides a desirable balance of both tranquil home ambiance and easily accessible City living. Home features include: - French oak flooring throughout main level - full appliance package including brand new, full size W/D - Sonos sound system - large driveway w/ ample room to comfortable park 4 vehicles - remote controlled driveway security gate - monthly landscaping (costs covered by owner) - water toys for renter's use: 2 paddle boards, 1 canoe, 1 dinghy w/ outboard motor, life jackets, crab pots - upstairs/downstairs wood burning fireplaces - lot located at end of private, paved street - den/office on lower level - full size second fridge + wine fridge - use of detached greenhouse (at-home garden or additional storage) - sizable 0.30 acre lot - all new interior and exterior paint - home security system use (+ monthly cost of $90) - fully finished basement To see this rare Seattle waterfront gem, call/text Katie @ 206.643. Tours conducted via appointment only. **AVAILABLE MID-JULY** Flexible 9-12 month lease options. Furnished home options (partial or full) available upon request for an additional premium monthly rate. Utility costs = resident responsibility (water, sewer, garbage, internet, electric) Refundable security deposit = 50% of 1 months' rent Pets permitted on an approval basis! $300 refundable deposit required + $50/month pet rent (per pet) Application fee = $47/person All payments and maintenance work orders conveniently submitted online. ~13 min drive to Expedia campus (Seattle) ~15 min drive to South Lake Union Amazon campus ~18 min drive to Pioneer Square/Downtown ~18 min drive to the Stadiums/SODO ~22 min drive to Pike/Corridor (Capitol Hill) ~33 min drive to Microsoft campus (Redmond) (RLNE5870225)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Trash compactor, Washer
    Features
    • Flooring: Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Attached
    Features
    • Exterior features: Wood, Brick
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.30 Acres
    Details
    • Parcel number: 1025039125

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1948

    Community & neighborhood

    Location
    • Region: Seattle

    Other

    Other facts
    • Cats Allowed
    • Dogs Allowed
    • Large Dogs Allowed
    • Small Dogs Allowed
    • View
    • boathouse
    • private beach
    • renovated

    Price history

    DateEventPrice
    8/27/2021Sold$2,805,000+0.5%$935/sqft
    Source: NWMLS as distributed by MLS GRID #1779942 Report a problem
    7/3/2021Pending sale$2,790,000$930/sqft
    Source: NWMLS as distributed by MLS GRID #1779942 Report a problem
    6/16/2021Listed for sale$2,790,000$930/sqft
    Source: NWMLS as distributed by MLS GRID #1779942 Report a problem
    6/16/2021Pending sale$2,790,000$930/sqft
    Source: NWMLS as distributed by MLS GRID #1779942 Report a problem
    6/9/2021Listed for sale$2,790,000+28.9%$930/sqft
    Source: NWMLS as distributed by MLS GRID #1779942 Report a problem
    7/9/2020Listing removed$8,995$3/sqft
    Source: Peak Living Property Services LLC Report a problem
    6/18/2020Listed for rent$8,995+15.3%$3/sqft
    Source: Peak Living Property Services LLC Report a problem
    12/28/2017Sold$2,165,000-5.7%$722/sqft
    Source: NWMLS as distributed by MLS GRID #1217048 Report a problem
    11/21/2017Pending sale$2,295,000$765/sqft
    Source: Ewing & Clark, Inc. #1217048 Report a problem
    11/10/2017Price change$2,295,000-8%$765/sqft
    Source: Ewing & Clark, Inc. #1217048 Report a problem
    8/8/2017Listed for sale$2,495,000-15.4%$832/sqft
    Source: Ewing & Clark, Inc. #1173593 Report a problem
    7/13/2017Listing removed$7,800$3/sqft
    Source: Owner Report a problem
    6/13/2017Listed for rent$7,800$3/sqft
    Source: Owner Report a problem
    3/14/2017Listing removed$2,950,000$983/sqft
    Source: MLS4owners.com #1027194 Report a problem
    11/23/2016Price change$2,950,000-9.2%$983/sqft
    Source: MLS4owners.com #1027194 Report a problem
    9/14/2016Listed for sale$3,250,000+209.5%$1,083/sqft
    Source: MLS4owners.com #1027194 Report a problem
    9/28/2001Sold$1,050,000$350/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,133 +10%$2,489,000 +2.4%
    2024$23,751 +3.8%$2,431,000 +2.7%
    2023$22,871 +2.7%$2,367,000 -8.1%
    2022$22,264 +18.4%$2,575,000 +29.7%
    2021$18,809 +4.9%$1,985,000 +10.5%
    2020$17,928 -3.2%$1,797,000 -4.8%
    2019$18,529 +15%$1,887,000 +3.6%
    2018$16,117 +8.9%$1,821,000 +25.8%
    2017$14,806 +32.2%$1,447,000 +9.8%
    2016$11,204 $1,318,000
    2015$11,204 $1,318,000 +16.6%
    2014$11,204 $1,130,000 -2.5%
    2013$11,204 $1,159,000 +13.6%
    2012-- $1,020,000 +4.5%
    2011-- $976,000 -5.5%
    2010-- $1,033,000
    2009-- $1,033,000 -6.3%
    2007-- $1,103,000 +40.7%
    2006-- $784,000 +8.4%
    2005-- $723,000 -11.3%
    2001$9,436 -20.6%$815,000 -16%
    2000$11,882 $970,000

    Find assessor info on the county website

    Neighborhood: Magnolia

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Seattle

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,948,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,948,500