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15416 40th Ave

Lynnwood, WA 98087

2 bd 2 ba 1,041 sqft Built 1980 Lot 129,036 sqft condos
Most recent sale
$340,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2022 Sold $340,000 Public Record
Mar 31, 2022 Sold $340,000 MLS #1895912
Mar 7, 2022 Listed $325,000 MLS #1895912
Jun 3, 2019 Sold $213,000 MLS #1409528
May 31, 2019 Relisted $213,000 MLS #1409528
May 7, 2019 Price changed $209,000 MLS #1409528
Apr 13, 2019 Relisted $219,950 MLS #1409528
Mar 20, 2019 Price changed $219,950 MLS #1409528
Feb 12, 2019 Listed $229,000 MLS #1409528
Apr 16, 2015 Listing removed $1,150 HeroPM
Apr 7, 2015 Price changed for rent $1,150 HeroPM
Apr 6, 2015 Price changed for rent $1,150 Appfolio
Mar 12, 2015 Price changed for rent $1,195 HeroPM
Feb 26, 2015 Listed for rent $1,250 Appfolio
Feb 22, 2015 Listed for rent $1,250 HeroPM
Jan 29, 2015 Sold $122,000 MLS #713586
Nov 3, 2014 Listed $124,900 MLS #713586
Sep 14, 2014 Listing removed $117,000 NWMLS
Jul 30, 2014 Relisted $117,000 MLS #518314
May 15, 2014 Listing removed $99,950 NWMLS
May 12, 2014 Price changed $99,950 MLS #518314
Mar 5, 2014 Relisted $113,000 MLS #518314
Feb 10, 2014 Listing removed $113,000 NWMLS
Dec 11, 2013 Relisted $113,000 MLS #518314
Oct 17, 2013 Listing removed $99,950 NWMLS
Sep 17, 2013 Relisted $99,950 MLS #518314
Aug 5, 2013 Listing removed $99,950 NWMLS
Jul 17, 2013 Listed $99,950 MLS #518314
Jun 30, 2006 Sold $159,500 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 $74,800 $145,000 $219,800 $2,488
2019 $74,300 $120,000 $194,300 $2,220
2018 $67,000 $83,000 $150,000 $1,959
2017 $115,500 $19,500 $135,000 $1,712
2016 $102,500 $17,500 $120,000 $1,528
2015 $83,500 $17,500 $101,000 $1,366
2014 $47,500 $17,500 $65,000 $924
2013 $65,500 $17,500 $83,000 $1,194
2012 $115,500 $19,500 $135,000 $1,816
2011 $135,500 $19,500 $155,000 $1,897
2010 $142,500 $23,000 $165,500 $1,803
2009 $164,500 $20,500 $185,000 $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
129,036 sqft
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
8.45%
Implied cap rate
5.49%
Trend-extrapolated value

Frequently asked questions

When did 15416 40th Ave last sell?
15416 40th Ave most recently sold on Apr 1, 2022 for $340,000.
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 1.5% below the last sale price of $340,000.
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, 129,036 sqft lot 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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