2701 40th St E, Tacoma, WA 98404 Property Records

Pierce County property record for 2701 40th St E, Tacoma, WA 98404

Property Summary

Property Type	Multi-Family Dwellings
Details	1 sqft · built 1951
Lot Size	1.28 acres (56,192 sqft)
Owner	Company Name on File
Last Sale	$1,919,519 (Oct 2018)
Tax Bill	$3,751 (2025)
Deeds & Mortgages	Apr 2020 Line of Credit Oct 2018 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`032014-2-101`

Property Details

APN / Parcel Number

Primary APN	`032014-2-101`

Interior

Stories	1 Story
Building Area	1 sqft Total Area

Exterior

Year Built	Built 1951
Effective Year Built	Effective 2005
Roof Material	Composition Shingle
Lot Area	56,192 sqft
Lot Width	400 ft Width
Terrain	Low
Utility Building	615 sqft

Utilities, Heating & Cooling

Cooling System	None
Sewer	Connected

Location & Zoning

Street Address	2701 40TH ST E
City	TACOMA
State	WA
Zip	98404-5327
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	RSEP
Legal Description	SECTION 14 TOWNSHIP 20 RANGE 03 QUARTER 24 : S 336 FT OF E 318 FT OF SW OF SE OF NW OF SEC EXC W 220 FT OF E 330 FT OF S 185 FT EXC RDS OUT OF 03-20-14-2-089 SEG K-2023 MF DDC JS (DC 4-10-01 CK)
Legal Range	03
Legal Township	20
Legal Section	14
Jurisdiction	PIERCE WA
Township / Civil Division	TACOMA
Census Block Group	4
Census Block	4011
Census Tract	940004

Owner

2701 40th St E, a residential property, is owned by a company that bought it in October 2018.

Source: Pierce County records, as of July 15, 2026

Owner of Record	Company Name on File
Mailing Address	1120 E TERRACE ST, 300, SEATTLE, WA 98122-7405
Owner Type	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Apr 16, 2020	Deed of Trust, Mortgage · Line of Credit BANNER BK
Oct 22, 2018	Warranty Deed, Transfer · Commercial Mortgage COLUMBIA STATE BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 22, 2018 · Amount on File
Deed Sale	Oct 22, 2018 · Amount on File
Deed Document Number	2018498
Record Updated	Oct 29, 2026

April 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	PIERCE WA
Property Address	2701 40TH ST E, TACOMA, WA 98404-5327
Document Number	2004210618
Instrument Date	Apr 16, 2020
Transaction Type	Mortgage
Record Updated	May 11, 2020
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1120 E TERRACE ST #300 SEATTLE WA 981227405, 300, SEATTLE, WA 98122-7405

Mortgage

Document Number	2004210618
Date	Apr 21, 2020
Instrument	202004210618

Lender

Name	BANNER BK
Type	Bank
Address	3130 WILSHIRE BLVD # 250, SANTA MONICA, CA 90403-2359

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Apr 20, 2050

Interest

Rate Type	Adjustable Rate

October 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	PIERCE WA
Recording Date	Oct 22, 2018
Property Address	2701 40TH ST E, TACOMA, WA 98404-5327
Document Number	0010220498
Instrument Date	Oct 19, 2018
Instrument	201810220498
Transaction Type	Transfer
Record Updated	Sep 15, 2021
Title Company	FIDELITY NATIONAL TITLE COMP

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$34,172.44
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1120 E TERRACE ST STE 300, 300, SEATTLE, WA 98122-7405

Mortgage

Document Number	0010220499
Date	Oct 22, 2018
Instrument	201810220499

Lender

Name	COLUMBIA STATE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Mortgage

Document Number	0010220502
Date	Oct 22, 2018
Instrument	201810220502

Lender

Name	FIRST FEDERAL SAVINGS & LOAN ASSOCIATION
Type	Non-Lending Institution
Address	BELLINGHAM, WA 98225

Agreement

Type	Construction Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 2701 40th St E was $3,751, up 11.1% from the year before.

Source: Pierce County assessment roll, as of July 15, 2026

Property Jurisdictions

Type	Name
State	Washington
County	Pierce County
Unified School District	Puyallup School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$480,700 (+38.17%) Land $398,500 Building $82,200	$480,700 (+38.17%) Land $398,500 Building $82,200
2025	$3,751.00 (+11.11%)	$347,900 (+8.65%) Land $304,500 Building $43,400	$347,900 (+8.65%) Land $304,500 Building $43,400
2024	$3,376.00 (+2.33%)	$320,200 (-) Land $276,800 Building $43,400	$320,200 (-) Land $276,800 Building $43,400
2023	$3,299.00	$320,200 Land $276,800 Building $43,400	$320,200 Land $276,800 Building $43,400

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 2701 40th St E in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective February 27, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 10 policies
Community Rating System	Class 2 (40% premium discount)
Nearby Flood Policies	10 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 2701 40th St E is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 94% of the US · lower than 96% of Washington
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SUMMIT WATER & SUPPLY CO private · serves 19,125 people · EPA ID WA5385050
Water Source	Groundwater
Last State Inspection	May 2021
Lead	2 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 123 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: CenturyLink.

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