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16407 40th Dr

Arlington, WA 98223

3 bd 1 ba 948 sqft Built 1998 Lot 3,920 sqft condos
Most recent sale
$410,000
Oct 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2026 Price changed $460,000 NWMLS
Mar 20, 2026 Listed $475,000 NWMLS
Oct 12, 2024 Listed $449,950 NWMLS
Jul 13, 2022 Listed $449,000 MLS #1967197
Jul 9, 2022 Listed $449,000 MLS #1964771
Oct 29, 2021 Sold $410,000 MLS #1836931
Sep 9, 2021 Listed $399,950 MLS #1836931
Aug 6, 2021 Listed $399,950 MLS #1820077
Apr 17, 2020 Sold $250,000 MLS #1546265
Jul 29, 2004 Sold $164,000 Public Record
Apr 26, 2000 Sold $133,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $108,100 $139,000 $247,100 $1,760
2020 $108,100 $139,000 $247,100 $2,147
2019 $92,800 $127,000 $219,800 $2,047
2018 $109,700 $114,000 $223,700 $2,232
2017 $96,400 $77,000 $173,400 $1,930
2016 $96,400 $77,000 $173,400 $1,717
2015 $75,400 $59,000 $134,400 $1,559
2014 $75,400 $59,000 $134,400 $1,191
2013 $65,800 $41,000 $106,800 $1,225
2012 $70,500 $37,000 $107,500 $1,594
2011 $87,200 $52,000 $139,200 $1,662
2010 $95,200 $68,000 $163,200 $1,751
2009 $95,200 $102,000 $197,200 $1,790

Property facts

Year built
1998
Property type
condos
Stories
1
Beds
3
Baths
1
Living area
948 sqft
Lot size
3,920 sqft
ZIP code
98223
City
Arlington
Street
40th Dr
Coordinates
48.14559, -122.17568

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
$2,180
Gross rental yield
6.38%
Implied cap rate
4.15%
Trend-extrapolated value

Frequently asked questions

When did 16407 40th Dr last sell?
16407 40th Dr most recently sold on Oct 29, 2021 for $410,000.
What is the current tax assessment for 16407 40th Dr?
The most recent total assessment for 16407 40th Dr (year 2021) is $247,100 with $1,760 in property tax.
How does 16407 40th Dr's assessment compare to its last sale price?
The current assessment is 39.7% below the last sale price of $410,000.
When was 16407 40th Dr built?
16407 40th Dr was built in 1998.
How does 16407 40th Dr compare to others on 40th Dr?
We track 8 other properties on 40th Dr. Browse the list under "Other properties on 40th Dr" to compare beds, baths, and sale history.
What are the property facts for 16407 40th Dr?
16407 40th Dr is a 3 bed, 1 bath, 948 sqft, 3,920 sqft lot condos.
Is 16407 40th Dr a flip candidate?
Yes — 16407 40th Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 16407 40th Dr a tax-appeal candidate?
No — 16407 40th Dr 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

Explore nearby