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5038 197th St

Lake Forest Park, WA 98155

4 bd 2 ba 1,715 sqft Built 1960 Lot 15,500 sqft single_family
Most recent sale
$1,100,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2022 Sold $1,100,000 MLS #1940449
May 26, 2022 Listed $1,175,000 MLS #1940449
May 14, 2022 Listed $1,250,000 MLS #1933801
Oct 28, 2021 Sold $640,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $557,000 $503,000 $1,060,000 $9,582
2024 $487,000 $475,000 $962,000 $8,929
2023 $477,000 $480,000 $957,000 $8,931
2022 $274,000 $379,000 $653,000 $7,201
2021 $230,000 $320,000 $550,000 $6,730
2020 $230,000 $320,000 $550,000 $6,626
2019 $231,000 $320,000 $551,000 $6,006
2018 $218,000 $295,000 $513,000 $5,647
2017 $200,000 $271,000 $471,000 $4,915
2016 $180,000 $243,000 $423,000 $4,763
2015 $196,000 $194,000 $390,000 $4,707
2014 $184,000 $181,000 $365,000 $4,425
2013 $152,000 $151,000 $303,000 $4,343
2012 $137,000 $151,000 $288,000 $4,214
2011 $134,000 $182,000 $316,000 $4,359
2010 $152,000 $182,000 $334,000 $4,452
2009 $182,000 $215,000 $397,000 $4,527
2007 $159,000 $192,000 $351,000 $3,835

Property facts

Year built
1960
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,715 sqft
Lot size
15,500 sqft
ZIP code
98155
City
Lake Forest Park
Street
197th St
Coordinates
47.77166, -122.27402

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,945
Gross rental yield
4.30%
Implied cap rate
2.80%
Trend-extrapolated value

Frequently asked questions

When did 5038 197th St last sell?
5038 197th St most recently sold on Jun 21, 2022 for $1,100,000.
What is the current tax assessment for 5038 197th St?
The most recent total assessment for 5038 197th St (year 2025) is $1,060,000 with $9,582 in property tax.
How does 5038 197th St's assessment compare to its last sale price?
The current assessment is 3.6% below the last sale price of $1,100,000.
When was 5038 197th St built?
5038 197th St was built in 1960.
How does 5038 197th St compare to others on 197th St?
We track 8 other properties on 197th St. Browse the list under "Other properties on 197th St" to compare beds, baths, and sale history.
What are the property facts for 5038 197th St?
5038 197th St is a 4 bed, 2 bath, 1,715 sqft, 15,500 sqft lot single_family.
Is 5038 197th St a flip candidate?
Yes — 5038 197th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5038 197th St a tax-appeal candidate?
No — 5038 197th 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
-0.7%
Implied 1-yr
-3.0%
2026 Q3
$882.9K
2026 Q4
$876K
ZIP 98155 — Median Price History + Forecast

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