$525,000

21407 40th Ave W Mountlake Terrace, WA 98043

$6,234
Closing credit¹
3 beds
2 full, 1 partial
1,515 sqft
0.07 acres
$347 / sqft
House

Property details

About 21407 40th Ave W

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.

Highlights

HeatingForced Air
StatusActive
Size1,515 sqft
Lot size0.07 Acres
Year built1999
ParkingAttached Garage
MLS #2331529
Attached garage2 spaces
FireplaceGas
ViewTerritorial

Summary

  • MLS Number: 2331529
  • MLS Name: NWMLS
  • Office Name: Coldwell Banker Bain
  • Office Phone: (425) 771-6444
  • Listing Agent: Tyler J. Echelbarger

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 1:47:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a shingled roof, brick siding, and an attached garage

$525,000

21407 40th Ave W

$6,234

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 20, 1999
Home Sold
$174,990

Tax history

YearAssessmentProperty Tax
2023$648,100$4,672
2022$529,800$4,678
2021$529,800$4,609
2020$460,100$4,312
2019$460,100$4,538
2018$424,500$4,164
2017$372,900$4,201

History based on county public records data.

Nearby schools

5

Cedar Way Elementary School

Public District KG-6

0.5 mi

22222 39th Ave W

6

Mountlake Terrace Elementary School

Public District KG-6

0.7 mi

22001 52nd Ave W

4

Hazelwood Elementary School

Public District KG-6

0.8 mi

3300 204th St SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,200. The most common annual income of people living in Mountlake Terrace, WA is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

23%
<35k
59%
35k-100k
17%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
9%
Single, with Kids
29%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
48%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • TennisTennis
  • SoccerSoccer

Where do the neighbors shop?

  • Chico'sChico's
  • IKEAIKEA
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • JeepJeep
  • BMWBMW

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • Active RockActive Rock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 21407 40th Ave W

This home is located at 21407 40th Ave W in Mountlake Terrace, WA and zip code 98043 in the Laurel Ridge neighborhood. This 1,515 square foot home, which was built in 1999, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $525,000.

In January 2025, from all listings sold in Mountlake Terrace, WA there were more than 3 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Mountlake Terrace, WA between December and January 2025 decreased by 15.6%. In January 2025, listings were on the market for 12 days. During the same period, the median list price in this real estate market was $651,050.

From Rocket Homes Real Estate and based on county public records data.

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