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15026 40th Ave

Lynnwood, WA 98087

2 bd 2 ba 1,042 sqft Built 2002 condos
Most recent sale
$465,000
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2022 Sold $465,000 MLS #1944696
Jun 4, 2022 Listed $420,000 MLS #1944696
Feb 28, 2007 Sold $250,000 Public Record
Sep 30, 2003 Sold $179,046 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $322,000 $58,000 $380,000 $3,381
2025 $322,000 $58,000 $380,000 $3,221
2024 $296,000 $55,000 $351,000 $3,181
2023 $273,500 $44,500 $318,000 $2,875
2022 $255,500 $44,500 $300,000 $3,168
2021 $255,500 $44,500 $300,000 $3,010
2020 $255,500 $44,500 $300,000 $3,479
2019 $156,600 $155,000 $311,600 $3,166
2018 $151,600 $130,000 $281,600 $2,835
2017 $175,500 $23,500 $199,000 $2,470
2016 $175,500 $23,500 $199,000 $2,223
2015 $115,000 $21,000 $136,000 $1,800
2014 $115,000 $21,000 $136,000 $1,673
2013 $104,000 $21,000 $125,000 $1,871
2012 $114,000 $21,000 $135,000 $2,144
2011 $137,500 $23,500 $161,000 $2,335
2010 $169,500 $23,500 $193,000 $2,314
2009 $188,000 $27,500 $215,500 $2,386
2008 $203,600 $24,400 $228,000 $2,193

Property facts

Year built
2002
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,042 sqft
Lot size
ZIP code
98087
City
Lynnwood
Street
40th Ave
Coordinates
47.86189, -122.28874

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
$2,397
Gross rental yield
6.19%
Implied cap rate
4.02%
Trend-extrapolated value

Frequently asked questions

When did 15026 40th Ave last sell?
15026 40th Ave most recently sold on Jul 5, 2022 for $465,000.
What is the current tax assessment for 15026 40th Ave?
The most recent total assessment for 15026 40th Ave (year 2026) is $380,000 with $3,381 in property tax.
How does 15026 40th Ave's assessment compare to its last sale price?
The current assessment is 18.3% below the last sale price of $465,000.
When was 15026 40th Ave built?
15026 40th Ave was built in 2002.
How does 15026 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 15026 40th Ave?
15026 40th Ave is a 2 bed, 2 bath, 1,042 sqft condos.
Is 15026 40th Ave a flip candidate?
No — 15026 40th Ave does not appear in our flips dataset.
Is 15026 40th Ave a tax-appeal candidate?
No — 15026 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
-6.5%
Implied 1-yr
-26.1%
2026 Q3
$504.4K
2026 Q4
$447.3K
ZIP 98087 — Median Price History + Forecast

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