12840 40th Ct
Bellevue, WA 98006
2 bd 2 ba 1,061 sqft Built 1979 condos
Most recent sale
$600,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $600,000 | MLS #1925301 |
| May 4, 2022 | Listed | $549,000 | MLS #1925301 |
| Oct 12, 2015 | Listing removed | $275,000 | NWMLS |
| Oct 16, 2008 | Sold | $265,000 | Public Record |
| Jul 15, 2008 | Listed | $275,000 | MLS #28119902 |
| Dec 1, 1995 | Sold | $95,000 | Public Record |
| May 23, 1995 | Sold | $84,379 | Public Record |
| Feb 22, 1991 | Sold | $93,700 | Public Record |
| Mar 17, 1988 | Sold | $52,500 | Public Record |
| Oct 29, 1979 | Sold | $64,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $364,900 | $96,100 | $461,000 | $3,447 |
| 2024 | $375,900 | $92,100 | $468,000 | $3,665 |
| 2023 | $320,900 | $92,100 | $413,000 | $2,938 |
| 2022 | $316,900 | $92,100 | $409,000 | $3,371 |
| 2021 | $272,900 | $92,100 | $365,000 | $3,246 |
| 2020 | $272,900 | $92,100 | $365,000 | $3,247 |
| 2019 | $278,900 | $92,100 | $371,000 | $3,012 |
| 2018 | $274,900 | $90,100 | $365,000 | $2,670 |
| 2017 | $208,900 | $80,100 | $289,000 | $2,236 |
| 2016 | $178,900 | $76,100 | $255,000 | $2,033 |
| 2015 | $162,000 | $68,000 | $230,000 | $2,035 |
| 2014 | $170,000 | $58,000 | $228,000 | $1,560 |
| 2013 | $113,000 | $50,000 | $163,000 | $1,454 |
| 2012 | $98,000 | $50,000 | $148,000 | $1,881 |
| 2011 | $160,000 | $50,000 | $210,000 | $1,838 |
| 2010 | $177,000 | $50,000 | $227,000 | $1,804 |
| 2009 | $190,000 | $46,000 | $236,000 | $1,640 |
| 2007 | $152,000 | $40,000 | $192,000 | $1,288 |
Property facts
Year built
1979
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,061 sqft
Lot size
—
ZIP code
98006
City
Bellevue
Street
40th Ct
Coordinates
47.57469, -122.16758
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,440
Gross rental yield
4.88%
Implied cap rate
3.17%
Trend-extrapolated value
—
Frequently asked questions
When did 12840 40th Ct last sell?
12840 40th Ct most recently sold on May 31, 2022 for $600,000.
What is the current tax assessment for 12840 40th Ct?
The most recent total assessment for 12840 40th Ct (year 2025) is $461,000 with $3,447 in property tax.
How does 12840 40th Ct's assessment compare to its last sale price?
The current assessment is 23.2% below the last sale price of $600,000.
When was 12840 40th Ct built?
12840 40th Ct was built in 1979.
How does 12840 40th Ct compare to others on 40th Ct?
We track 8 other properties on 40th Ct. Browse the list under "Other properties on 40th Ct" to compare beds, baths, and sale history.
What are the property facts for 12840 40th Ct?
12840 40th Ct is a 2 bed, 2 bath, 1,061 sqft condos.
Is 12840 40th Ct a flip candidate?
No — 12840 40th Ct does not appear in our flips dataset.
Is 12840 40th Ct a tax-appeal candidate?
No — 12840 40th Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.2%
Implied 1-yr
-4.6%
2026 Q3
$1.78M
2026 Q4
$1.78M
ZIP 98006 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th Ct