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15416 40th Ave

Lynnwood, WA 98087

2 bd 2 ba 1,128 sqft Built 1980 condos
Most recent sale
$343,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $343,000 MLS #1938359
May 25, 2022 Listed $325,000 MLS #1938359
Dec 12, 2019 Sold $221,000 Public Record
Oct 18, 2019 Price changed $221,000 MLS #1486951
Oct 14, 2019 Price changed $214,950 MLS #1486951
Aug 22, 2019 Price changed $224,950 MLS #1486951
Jul 13, 2019 Listed $229,000 MLS #1486951
Sep 12, 2016 Sold $189,900 Public Record
Aug 18, 2016 Listed $189,900 MLS #1015498
Sep 3, 2014 Sold $119,950 Public Record
Oct 6, 2011 Sold $59,500 Public Record
Jul 31, 2006 Sold $166,725 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $295,000 $50,000 $345,000 $2,808
2025 $295,000 $50,000 $345,000 $2,939
2024 $259,000 $46,000 $305,000 $2,881
2023 $195,500 $37,500 $233,000 $2,519
2022 $182,500 $37,500 $220,000 $2,366
2021 $182,500 $37,500 $220,000 $2,252
2020 $182,500 $37,500 $220,000 $2,538
2019 $79,400 $145,000 $224,400 $2,270
2018 $78,900 $120,000 $198,900 $2,007
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 $3,444
2012 $65,500 $17,500 $83,000 $1,829
2011 $116,500 $19,500 $136,000 $1,944
2010 $139,500 $19,500 $159,000 $1,839
2009 $146,000 $23,000 $169,000 $2,858
2008 $149,800 $20,200 $170,000 $1,650

Property facts

Year built
1980
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,128 sqft
Lot size
ZIP code
98087
City
Lynnwood
Street
40th Ave
Coordinates
47.85892, -122.28876

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
$2,594
Gross rental yield
9.08%
Implied cap rate
5.90%
Trend-extrapolated value

Frequently asked questions

When did 15416 40th Ave last sell?
15416 40th Ave most recently sold on Jun 30, 2022 for $343,000.
What is the current tax assessment for 15416 40th Ave?
The most recent total assessment for 15416 40th Ave (year 2026) is $345,000 with $2,808 in property tax.
How does 15416 40th Ave's assessment compare to its last sale price?
The current assessment is 0.6% above the last sale price of $343,000.
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, 1,128 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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