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16517 48th Ave

Edmonds, WA 98026

3 bd 3 ba 1,555 sqft Built 1999 condos
Most recent sale
$595,000
Dec 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 3, 2021 Sold $595,000 MLS #1860580
Nov 3, 2021 Listed $575,000 MLS #1860580
Jan 9, 2020 Sold $450,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $473,500 $106,000 $579,500 $5,048
2025 $473,500 $106,000 $579,500 $4,826
2024 $430,500 $96,000 $526,500 $4,794
2023 $353,500 $81,500 $435,000 $4,234
2022 $356,500 $73,500 $430,000 $4,282
2021 $356,500 $73,500 $430,000 $4,252
2020 $356,500 $73,500 $430,000 $4,432
2019 $248,000 $152,000 $400,000 $4,448
2018 $248,000 $152,000 $400,000 $4,294
2017 $216,000 $29,000 $245,000 $3,015
2016 $216,000 $29,000 $245,000 $2,918
2015 $165,500 $25,000 $190,500 $2,475
2014 $165,500 $25,000 $190,500 $2,234
2013 $145,000 $25,000 $170,000 $1,884
2012 $111,000 $25,000 $136,000 $2,403
2011 $152,000 $29,500 $181,500 $2,726
2010 $190,500 $36,500 $227,000 $3,013
2009 $231,500 $52,500 $284,000 $3,190
2008 $257,500 $52,500 $310,000 $2,961

Property facts

Year built
1999
Property type
condos
Stories
Beds
3
Baths
3
Living area
1,555 sqft
Lot size
ZIP code
98026
City
Edmonds
Street
48th Ave
Coordinates
47.84874, -122.29729

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
$3,577
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 16517 48th Ave last sell?
16517 48th Ave most recently sold on Dec 3, 2021 for $595,000.
What is the current tax assessment for 16517 48th Ave?
The most recent total assessment for 16517 48th Ave (year 2026) is $579,500 with $5,048 in property tax.
How does 16517 48th Ave's assessment compare to its last sale price?
The current assessment is 2.6% below the last sale price of $595,000.
When was 16517 48th Ave built?
16517 48th Ave was built in 1999.
How does 16517 48th Ave compare to others on 48th Ave?
We track 8 other properties on 48th Ave. Browse the list under "Other properties on 48th Ave" to compare beds, baths, and sale history.
What are the property facts for 16517 48th Ave?
16517 48th Ave is a 3 bed, 3 bath, 1,555 sqft condos.
Is 16517 48th Ave a flip candidate?
Yes — 16517 48th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 16517 48th Ave a tax-appeal candidate?
No — 16517 48th 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
-2.6%
Implied 1-yr
-10.2%
2026 Q3
$804.8K
2026 Q4
$780.2K
ZIP 98026 — Median Price History + Forecast

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