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Listed by Tristan Hoyle • eXp Realty.
FOR SALE

$669,000

Est. $3,706/mo

Price reduced $30,000 from the original $699,000 asking price

3 bd•2.5 ba•1,088 sq ft

12040 5th Avenue NE, Seattle, WA 98125

• Listed Aug 21, 2026•41 days active · 41 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: eXp Realty; Tristan Hoyle; 702-343-5475; tristan@tristanhoylerealty.com

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Listing Broker: eXp Realty; Tristan Hoyle; 702-343-5475; tristan@tristanhoylerealty.com

About this home

Welcome to this beautifully designed new-construction 3-bedroom, 2.5-bath home where modern comfort meets everyday convenience.The open-concept main level features a spacious kitchen with a large island, flowing seamlessly into the living and dining areas—perfect for entertaining or relaxing at home. Engineered hardwood floors throughout add warmth, style, and durability. Upstairs, the generous primary suite comfortably fits a king-size bed and features a large ensuite bath. Two additional bedrooms offer flexibility for guests, work-from-home, or whatever your lifestyle needs. Step outside to a low-maintenance, usable yard with space to enjoy without the constant upkeep. Commuters will love the easy access to the city and nearby transit station. Best of all, enjoy the confidence that comes with new construction and a 1/2/10 builder's warranty for added peace of mind. Modern design, smart layout, easy living, and excellent connectivity—all in one. Welcome home.

Property type
Condo
Year built
2026
Interior
1,088 sq ft
Lot size
0.0408 acres
Parking
1-car garage
Price / sq ft
$615
HeatingDuctless
CoolingDuctless
Property taxes$6,042/yr (est.)
HOA dues$14/mo
School districtSeattle

Listed by Tristan Hoyle • eXp Realty

Listing updated: September 22, 2026 at 06:49pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2570490

Around this home

RexMont OfferEdge™

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12040 5th Avenue NE, Seattle, WA 98125

List price
$669,000
Down payment
$133,800

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Cooking-Electric
  • Dryer-Electric
  • Primary Bathroom
  • Walk-In Closet(s)
  • Washer

Bedrooms

  • 3 bedrooms total
  • 3 upstairs

Bathrooms

  • 2 full bathrooms
  • 1 half bathroom
  • 2.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • Condo (2 Levels)

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Heating & cooling

  • Ductless heating
  • Ductless cooling

Schools

Ratings via SchoolDigger

Seattle School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
12042 5th Ave NE Condo
Floor of unit
1
Units in building
1
Stories in building
2
FHA-approved project
Yes
Common interest community
No
HOA dues
$14
Dues frequency
Monthly
Dues include
See Remarks

Rules

Rental cap
No Rental Cap
Short-term rentals allowed
No
Pets
Yes
55+ community
No

Unit

Unit features
Primary Bath,Walk-in Closet,Yard
Common property features
Outside Entry
Entry location
Main
Laundry
Electric Dryer Hookup, Washer Hookup

Systems

Energy source
Electric
Power production
Electric
Power company
Seattle City Light
Water company
Seattle Public Utilities
Sewer company
Seattle Public Utilities
Garbage service
Seattle Public Utilities
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
2

New construction

New construction state
Completed
Estimated completion
Aug 1, 2026
Square footage source
Public Records
Lot size source
Condo Map

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 12040 5th Avenue NE

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 23, 2026
    Price reduced
    NWMLS via MLS Grid · #2570490
    $669,000
    $615/sq ft
  2. Aug 21, 2026
    Listed
    NWMLS via MLS Grid · #2570490
    $699,000
    $642/sq ft

Down payment assistance

7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,391 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

Commute times

Driving times to major Puget Sound employers, modeled at a typical Tuesday 8:30am rush hour. Powered by Google Maps live traffic data.

Microsoft (Redmond)

20 min16.5 mi

Peak (Tue 8:30am)

Amazon HQ (Seattle)

13 min9.1 mi

Peak (Tue 8:30am)

Google (Kirkland)

22 min17.4 mi

Peak (Tue 8:30am)

Downtown Bellevue

18 min13 mi

Peak (Tue 8:30am)

Downtown Seattle

16 min9.8 mi

Peak (Tue 8:30am)

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Listing Broker: eXp Realty; Tristan Hoyle; 702-343-5475; tristan@tristanhoylerealty.com

Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 52 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $739,000 Sold

    1 week ago

    3 bd•3 ba•Condo

    813 NE 125th Street, Seattle, WA 98125

    0%

    Over list

    51

    Days on market

    0.2 mi

    Distance

  • $799,000 Sold

    1 week ago

    3 bd•3.5 ba•Condo

    13321 3rd Avenue NE #B, Seattle, WA 98125

    0%

    Over list

    42

    Days on market

    0.6 mi

    Distance

  • $321,500 Sold

    3 weeks ago

    2 bd•1 ba•Condo

    10501 8th Avenue NE #406, Seattle, WA 98125

    1%

    Under list

    25

    Days on market

    0.8 mi

    Distance

  • $599,950 Sold

    4 weeks ago

    2 bd•2.25 ba•Condo

    2028 NE 123rd Street, Seattle, WA 98125

    0%

    Over list

    117

    Days on market

    0.8 mi

    Distance

  • $289,500 Sold

    7 weeks ago

    1 bd•1 ba•Condo

    10501 8th Avenue NE #128, Seattle, WA 98125

    0%

    Over list

    118

    Days on market

    0.8 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

Want a deeper read on this market?

Ask a RexMont agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 22, 2026 at 06:49pm (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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