15416 40th Ave
Lynnwood, WA 98087
2 bd 2 ba 1,041 sqft Built 1980 condos
Most recent sale
$324,950
Feb 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 8, 2022 | Sold | $324,950 | MLS #1872654 |
| Dec 16, 2021 | Listed | $319,950 | MLS #1872654 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax 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
—
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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,394
Gross rental yield
8.84%
Implied cap rate
5.75%
Trend-extrapolated value
—
Frequently asked questions
When did 15416 40th Ave last sell?
15416 40th Ave most recently sold on Feb 8, 2022 for $324,950.
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 3.1% above the last sale price of $324,950.
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 valuationQuarterly trend
-6.5%
Implied 1-yr
-26.1%
2026 Q3
$504.4K
2026 Q4
$447.3K
ZIP 98087 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th Ave