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16514 40th Ave

Arlington, WA 98223

3 bd 3 ba 1,366 sqft Built 1998 Lot 3,366 sqft condos
Most recent sale
$420,000
Nov 28, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 28, 2023 Sold $420,000 NWMLS
Nov 13, 2020 Sold $335,000 NWMLS
Dec 1, 2005 Sold $183,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $217,600 $207,000 $424,600 $3,974
2025 $217,600 $207,000 $424,600 $3,955
2024 $214,900 $188,000 $402,900 $3,301
2023 $172,400 $157,000 $329,400 $3,164
2022 $160,300 $131,000 $291,300 $3,100
2021 $160,300 $131,000 $291,300 $2,073
2020 $150,800 $120,000 $270,800 $2,643
2019 $142,400 $102,000 $244,400 $2,236
2018 $134,800 $89,000 $223,800 $2,478
2017 $125,700 $67,000 $192,700 $2,143
2016 $114,100 $57,000 $171,100 $1,898
2015 $101,400 $37,000 $138,400 $1,605
2014 $96,500 $23,000 $119,500 $1,331
2013 $88,100 $27,000 $115,100 $1,311
2012 $105,300 $40,000 $145,300 $1,663
2011 $100,700 $62,000 $162,700 $1,656
2010 $100,700 $89,000 $189,700 $1,685
2009 $101,800 $105,000 $206,800 $1,656
2008 $110,100 $105,000 $215,100 $1,600

Property facts

Year built
1998
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,366 sqft
Lot size
3,366 sqft
ZIP code
98223
City
Arlington
Street
40th Ave
Coordinates
48.14642, -122.17680

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,142
Gross rental yield
8.98%
Implied cap rate
5.84%
Trend-extrapolated value

Frequently asked questions

When did 16514 40th Ave last sell?
16514 40th Ave most recently sold on Nov 28, 2023 for $420,000.
What is the current tax assessment for 16514 40th Ave?
The most recent total assessment for 16514 40th Ave (year 2026) is $424,600 with $3,974 in property tax.
How does 16514 40th Ave's assessment compare to its last sale price?
The current assessment is 1.1% above the last sale price of $420,000.
When was 16514 40th Ave built?
16514 40th Ave was built in 1998.
How does 16514 40th Ave compare to others on 40th Ave?
We track 8 other properties on 40th Ave. Browse the list under "Other properties on 40th Ave" to compare beds, baths, and sale history.
What are the property facts for 16514 40th Ave?
16514 40th Ave is a 3 bed, 3 bath, 1,366 sqft, 3,366 sqft lot condos.
Is 16514 40th Ave a flip candidate?
No — 16514 40th Ave does not appear in our flips dataset.
Is 16514 40th Ave a tax-appeal candidate?
No — 16514 40th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.4%
2026 Q3
$589.4K
2026 Q4
$573.1K
ZIP 98223 — Median Price History + Forecast

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