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12840 SE 40th Court #A4, Bellevue, WA, 98006

2beds
2baths
1,101sqft
$446,500
$406price/sqft
$2,508/moest. monthly cost
$100,320/yrincome needed

About This Home

Live in the heart of Factoria! Perfectly located across from Factoria Mall and just steps to shops, restaurants, movie theaters, Newport HS, and everyday conveniences. This refreshed 1,100 sq ft condo features updated flooring, fresh paint, brand-new kitchen appliances and new washer/ductless dryer. The spacious, light-filled great room welcomes you with a cozy wood-burning fireplace and opens to a sunny west-facing covered balcony—perfect for morning coffee or relaxing evenings with views toward Bellevue and Seattle. The kitchen flows easily into the dining area for comfortable everyday living and entertaining. The primary suite includes a fully updated brand new shower in the en-suite bathroom, while the generous second bedroom offers flexibility for guests, a home office, or both. Easy access to I-90 and I-405 with a walkscore of 87! Located in the highly rated Bellevue School District. Fresh updates, fantastic location, and move-in ready convenience.

Getting Around

87
WalkingVery Walkable
44
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

9/10
8/10
Tyee Middle SchoolGrades 6-80.4 mi
10/10

Construction

Condition

  • Year built: 1979

Materials

  • Roof: Composition
  • Construction materials: Wood Siding,Wood Products

Type & Style

  • Home type: Condo
  • Architectural style: Condo (1 Level)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Kitchen Cabinet,Cooking - Electric Hookup,Cooking-Electric,Dryer-Electric
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Window features: Coverings: Blinds
  • Flooring: Hardwood,Laminate,Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,101
  • Total interior livable area: 1,101 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 1530500040
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Cooking-Electric,Dryer-Electric,Fireplace,Primary Bathroom,Washer,Water Heater
  • Has view: Yes
  • View description: Territorial

Lot

  • Features: Curbs,Dead End Street,Paved

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,257$27,084
Home Insurance *$48$576
Property Taxes $54$648
Electricity $149$1,793
Total$2,508$30,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,988/yr
40% on housing$75,240/yr
45% on housing$66,880/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$406This listing

vs Other Active Listings

Avg $/sqft

ZIP 98006$647
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98006$707
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-08Listed for sale$470,000
1989-04-07Sold$62,500

For Sale by Agent

AgentElaine Shankland
BrokerageKW Greater Seattle

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