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15416 40th Ave

Lynnwood, WA 98087

2 bd 2 ba 1,041 sqft Built 1980 condos
Most recent sale
$300,250
Dec 6, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2021 Sold $300,250 Public Record
Dec 3, 2021 Sold $299,950 MLS #1850210
Oct 7, 2021 Listed $299,950 MLS #1850210
Feb 7, 2020 Listed $235,000 MLS #1561785
Aug 20, 2018 Sold $220,000 MLS #1319172
Jun 28, 2018 Listed $225,000 MLS #1319172
Oct 1, 2013 Sold $120,000 Public Record
Aug 17, 2013 Listing removed $119,900 NWMLS
Aug 12, 2013 Listed $119,900 MLS #530006
Aug 10, 2013 Listing removed $119,900 NWMLS
Aug 5, 2013 Listed $119,900 MLS #527273
May 31, 2007 Sold $200,000 Public Record
Sep 29, 2006 Sold $167,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $285,000 $50,000 $335,000 $2,742
2025 $285,000 $50,000 $335,000 $2,857
2024 $252,000 $46,000 $298,000 $2,783
2023 $185,500 $37,500 $223,000 $2,463
2022 $172,500 $37,500 $210,000 $2,270
2021 $172,500 $37,500 $210,000 $2,155
2020 $172,500 $37,500 $210,000 $2,489
2019 $74,800 $145,000 $219,800 $2,221
2018 $74,300 $120,000 $194,300 $1,959
2017 $115,500 $19,500 $135,000 $1,713
2016 $115,500 $19,500 $135,000 $1,528
2015 $83,500 $17,500 $101,000 $1,366
2014 $83,500 $17,500 $101,000 $925
2013 $47,500 $17,500 $65,000 $1,195
2012 $65,500 $17,500 $83,000 $1,817
2011 $115,500 $19,500 $135,000 $1,898
2010 $135,500 $19,500 $155,000 $1,803
2009 $142,500 $23,000 $165,500 $1,879
2008 $144,800 $20,200 $165,000 $1,603

Property facts

Year built
1980
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,041 sqft
Lot size
ZIP code
98087
City
Lynnwood
Street
40th Ave
Coordinates
47.85891, -122.28875

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
$2,394
Gross rental yield
9.57%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 15416 40th Ave last sell?
15416 40th Ave most recently sold on Dec 6, 2021 for $300,250.
What is the current tax assessment for 15416 40th Ave?
The most recent total assessment for 15416 40th Ave (year 2026) is $335,000 with $2,742 in property tax.
How does 15416 40th Ave's assessment compare to its last sale price?
The current assessment is 11.6% above the last sale price of $300,250.
When was 15416 40th Ave built?
15416 40th Ave was built in 1980.
How does 15416 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 15416 40th Ave?
15416 40th Ave is a 2 bed, 2 bath, 1,041 sqft condos.
Is 15416 40th Ave a flip candidate?
No — 15416 40th Ave does not appear in our flips dataset.
Is 15416 40th Ave a tax-appeal candidate?
No — 15416 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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