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8516 196th St

Edmonds, WA 98026

2 bd 2 ba 1,114 sqft Built 1979 Lot 1,114 sqft condos
Most recent sale
$397,000
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2022 Sold $397,000 MLS #1888797
Feb 16, 2022 Listed $329,950 MLS #1888797
Jul 27, 2006 Sold $193,000 Public Record
Aug 16, 1995 Sold $87,000 Public Record
May 9, 1979 Sold $53,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $342,500 $66,000 $408,500 $3,296
2025 $342,500 $66,000 $408,500 $2,882
2024 $261,000 $60,500 $321,500 $2,684
2023 $226,000 $51,000 $277,000 $2,196
2022 $228,000 $49,000 $277,000 $2,299
2021 $228,000 $49,000 $277,000 $2,281
2020 $217,500 $46,500 $264,000 $2,457
2019 $215,000 $44,000 $259,000 $2,390
2018 $190,500 $29,000 $219,500 $2,344
2017 $143,000 $28,000 $171,000 $1,744
2016 $113,000 $35,000 $148,000 $1,523
2015 $95,000 $33,500 $128,500 $1,404
2014 $61,500 $33,500 $95,000 $1,049
2013 $67,000 $28,000 $95,000 $1,100
2012 $98,500 $28,000 $126,500 $1,396
2011 $136,000 $32,500 $168,500 $1,681
2010 $154,500 $39,000 $193,500 $1,699
2009 $169,000 $39,000 $208,000 $1,686
2008 $154,000 $39,000 $193,000 $1,527

Property facts

Year built
1979
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,114 sqft
Lot size
1,114 sqft
ZIP code
98026
City
Edmonds
Street
196th St
Coordinates
47.82095, -122.34867

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
$2,562
Gross rental yield
7.74%
Implied cap rate
5.03%
Trend-extrapolated value

Frequently asked questions

When did 8516 196th St last sell?
8516 196th St most recently sold on Mar 4, 2022 for $397,000.
What is the current tax assessment for 8516 196th St?
The most recent total assessment for 8516 196th St (year 2026) is $408,500 with $3,296 in property tax.
How does 8516 196th St's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $397,000.
When was 8516 196th St built?
8516 196th St was built in 1979.
How does 8516 196th St compare to others on 196th St?
We track 8 other properties on 196th St. Browse the list under "Other properties on 196th St" to compare beds, baths, and sale history.
What are the property facts for 8516 196th St?
8516 196th St is a 2 bed, 2 bath, 1,114 sqft, 1,114 sqft lot condos.
Is 8516 196th St a flip candidate?
No — 8516 196th St does not appear in our flips dataset.
Is 8516 196th St a tax-appeal candidate?
No — 8516 196th St 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
-2.6%
Implied 1-yr
-10.2%
2026 Q3
$804.8K
2026 Q4
$780.2K
ZIP 98026 — Median Price History + Forecast

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