This is a well maintained Fourplex in a great location. Property has a new roof and crawl space insulation (2024) New paint (2021). The seller has completed a pre-sale property inspection and addressed the maintenance punch list. Long term tenants enjoy below market rents, strong upside in bring rents to market. all units on month to month agreements. Four townhome style apartments. Each unit is two bedrooms, one- and one-half baths, washer dryer, dishwashers and disposers. Fully fenced with covered and uncovered parking for nine vehicles. Seller Financing offered.
Sold
Listed by: Raven Commercial Real Estate • Jason D. Wilcox
Bought with: Kelly Right RE of Seattle LLC
$1,440,000
15618 Admiralty Way, Lynnwood, WA 98087
8beds
8baths
4,128sqft
Quadruplex, Multi Family
Built in 1987
-- sqft lot
$1,405,500 Zestimate®
$349/sqft
$2,117 Estimated rent
Home value
$1,405,500
$1.29M - $1.52M
$2,117/mo
Zestimate® history
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$8,709/mo
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List your homeWhat's special
Covered and uncovered parkingTownhome style apartmentsWasher dryerCrawl space insulationTwo bedroomsOne- and one-half bathsNew roof
Zillow last checked:
Listing updated:
Listed by:
Jason D. Wilcox,
Raven Commercial Real Estate
Bought with:
Satish Kanchukatla, 24035454
Kelly Right RE of Seattle LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2301793
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 4,128
- Total interior livable area: 4,128 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Carport spaces: 4
- Uncovered spaces: 4
Features
- Patio & porch: Wall to Wall Carpet
Lot
- Size: 9,583 Square Feet
- Features: Cul-De-Sac
Details
- Parcel number: 73580000050008
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1987
- Major remodel year: 1987
Utilities & green energy
- Sewer: Sewer Connected
- Water: Community
Community & HOA
Community
- Subdivision: Lynnwood
Location
- Region: Lynnwood
Financial & listing details
- Price per square foot: $349/sqft
- Tax assessed value: $1,048,700
- Annual tax amount: $8,672
- Date on market: 12/27/2024
- Cumulative days on market: 572 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2025 | Sold | $1,440,000-1.7%$349/sqft |
Source:  NWMLS as distributed by MLS GRID #2301793 Report a problem | ||
| 1/25/2025 | Pending sale | $1,465,000$355/sqft |
Source: NWMLS as distributed by MLS GRID #2301793 Report a problem | ||
| 1/9/2025 | Price change | $1,465,000-2%$355/sqft |
Source: NWMLS as distributed by MLS GRID #2301793 Report a problem | ||
| 11/27/2024 | Price change | $1,495,000-2%$362/sqft |
Source: NWMLS as distributed by MLS GRID #2301793 Report a problem | ||
| 10/18/2024 | Listed for sale | $1,525,000+193.6%$369/sqft |
Source: NWMLS as distributed by MLS GRID #2301793 Report a problem | ||
| 12/30/2004 | Sold | $519,500+23.7%$126/sqft |
Source: NWMLS as distributed by MLS GRID #24159371 Report a problem | ||
| 2/3/2004 | Sold | $420,000-1.1%$102/sqft |
Source: Public Record Report a problem | ||
| 3/5/2002 | Sold | $424,640$103/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,032 +4.1% | $1,048,700 +4.7% |
| 2023 | $8,672 +12.3% | $1,002,100 +8.4% |
| 2022 | $7,722 -17.5% | $924,100 -0.6% |
| 2021 | $9,365 +4.1% | $930,000 +4.7% |
| 2020 | $8,998 -6.7% | $888,000 +4.7% |
| 2019 | $9,642 | $848,000 +28.5% |
| 2018 | -- | $660,000 +23.1% |
| 2017 | $7,597 +35.4% | $536,000 +18.1% |
| 2016 | $5,609 | $454,000 +9.9% |
| 2015 | $5,609 +5.7% | $413,000 +11.6% |
| 2013 | $5,307 | $370,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $3,777 -0.6% | $265,800 |
| 2000 | $3,801 | $265,800 |
Find assessor info on the county website
Neighborhood: North Lynnwood
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Nearby schools
GreatSchools rating
- 4/10Spruce Primary SchoolGrades: K-6Distance: 1.2 mi
- 9/10Meadowdale Middle SchoolGrades: 7-8Distance: 2.2 mi
- 8/10Meadowdale High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$1,405,500
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Estimated market value
$1,405,500
- Washington
- Snohomish County
- Lynnwood
- 98087
- North Lynnwood
- 15618 Admiralty Way
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