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5015 40th Ave

Vancouver, WA 98661

4 bd 2 ba 2,200 sqft Built 1954 Lot 43,560 sqft single_family
Most recent sale
$560,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $560,000 MLS #22182839
Sep 10, 2022 Price changed $560,000 MLS #22182839
Aug 13, 2022 Listed $560,000 MLS #22182839
Dec 5, 2006 Listing removed $449,900 RMLS
Apr 27, 2006 Listed $449,900 MLS #6031596

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $313,347 $326,025 $639,372 $6,249
2025 $313,347 $326,025 $639,372 $5,874
2024 $276,674 $302,738 $579,412 $5,446
2023 $269,802 $302,738 $572,540 $5,432
2022 $232,613 $258,750 $491,363 $304
2021 $232,613 $258,750 $491,363 $327
2020 $210,716 $245,219 $455,935 $332
2019 $193,700 $208,786 $402,486 $335
2018 $208,748 $208,786 $417,534 $361
2017 $188,510 $173,755 $362,265 $375
2016 $173,227 $161,144 $334,371 $401
2015 $155,113 $140,125 $295,238 $425
2014 $146,747 $85,800 $232,547 $442
2013 $105,656 $82,500 $188,156 $461
2012 $99,441 $77,000 $176,441 $446
2011 $105,826 $88,000 $193,826 $421
2010 $109,099 $88,000 $197,099 $415
2009 $124,339 $110,000 $234,339 $358
2007 $158,300 $161,400 $319,700

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,200 sqft
Lot size
43,560 sqft
ZIP code
98661
City
Vancouver
Street
40th Ave
Coordinates
45.65840, -122.62981

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,060
Gross rental yield
10.84%
Implied cap rate
7.05%
Trend-extrapolated value

Frequently asked questions

When did 5015 40th Ave last sell?
5015 40th Ave most recently sold on Sep 16, 2022 for $560,000.
What is the current tax assessment for 5015 40th Ave?
The most recent total assessment for 5015 40th Ave (year 2026) is $639,372 with $6,249 in property tax.
How does 5015 40th Ave's assessment compare to its last sale price?
The current assessment is 14.2% above the last sale price of $560,000.
When was 5015 40th Ave built?
5015 40th Ave was built in 1954.
How does 5015 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 5015 40th Ave?
5015 40th Ave is a 4 bed, 2 bath, 2,200 sqft, 43,560 sqft lot single_family.
Is 5015 40th Ave a flip candidate?
No — 5015 40th Ave does not appear in our flips dataset.
Is 5015 40th Ave a tax-appeal candidate?
No — 5015 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
+1.7%
Implied 1-yr
+6.9%
2026 Q3
$520.7K
2026 Q4
$528.8K
ZIP 98661 — Median Price History + Forecast

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