INVESTORS DREAM! This in-city Lynnwood rambler sits on a nearly 20,000 sq ft flat lot, offering exciting potential for subdivision, expansion, or redevelopment (buyer to verify). The single-level home is livable and light-filled, with easy access to I-5, Alderwood Mall, schools, and an easy walk to the light rail. Whether you’re looking to build, hold, or refresh for future gain, this rare flat parcel in a prime, fast-growing area delivers the perfect blend of opportunity and location.
Sold
Listed by: eXp Realty • Marv Nicholson
Bought with: John L. Scott Everett
$770,000
18640 48th Avenue W, Lynnwood, WA 98037
3beds
1,328sqft
Single Family Residence
Built in 1952
0.45 Acres Lot
$776,900 Zestimate®
$580/sqft
$2,884 Estimated rent
Home value
$776,900
$723,000 - $839,000
$2,884/mo
Zestimate® history
Owner options
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$2,884/mo
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$2,884/mo
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$4,674/mo
Est. payment
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$4,674/mo
Est. payment
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Single-level home
Zillow last checked:
Listing updated:
Listed by:
Marv Nicholson,
eXp Realty,
Nathan Nicholson,
eXp Realty
Bought with:
Bruce Hoffman, 110831
John L. Scott Everett
Source: NWMLS as distributed by MLS GRID,MLS#: 2443507
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Gas, Water Heater Location: garage
Features
- Ceiling Fan(s), Dining Room
- Flooring: Ceramic Tile, Hardwood
- Windows: Double Pane/Storm Window
- Has fireplace: No
Interior area
- Total structure area: 1,328
- Total interior livable area: 1,328 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Attached Garage, RV Parking
- Attached garage spaces: 2
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Water Heater
Lot
- Size: 0.45 Acres
- Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, RV Parking
- Topography: Partial Slope
Details
- Parcel number: 00494700002500
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1952
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Lynnwood
Location
- Region: Lynnwood
Financial & listing details
- Price per square foot: $580/sqft
- Tax assessed value: $687,100
- Annual tax amount: $5,472
- Date on market: 1/6/2026
- Cumulative days on market: 197 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Sold | $770,000-1.3%$580/sqft |
Source:  NWMLS as distributed by MLS GRID #2443507 Report a problem | ||
| 10/16/2025 | Pending sale | $780,000$587/sqft |
Source: NWMLS as distributed by MLS GRID #2443507 Report a problem | ||
| 10/10/2025 | Listed for sale | $780,000+293.9%$587/sqft |
Source: NWMLS as distributed by MLS GRID #2443507 Report a problem | ||
| 6/17/2011 | Sold | $198,000-0.5%$149/sqft |
Source: NWMLS as distributed by MLS GRID #211882 Report a problem | ||
| 4/26/2011 | Listed for sale | $198,900+6%$150/sqft |
Source: Bing Real Estate #211882 Report a problem | ||
| 12/27/2010 | Sold | $187,646-1.2%$141/sqft |
Source: Public Record Report a problem | ||
| 3/6/2001 | Sold | $190,000$143/sqft |
Source: NWMLS as distributed by MLS GRID #21009875 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,472 +5.2% | $687,100 +2.4% |
| 2023 | $5,201 -3.8% | $671,100 -7.5% |
| 2022 | $5,405 +7.2% | $725,500 +30.9% |
| 2021 | $5,041 +9.5% | $554,400 +9.2% |
| 2020 | $4,603 -5.2% | $507,500 +7.5% |
| 2019 | $4,855 | $472,200 +7.7% |
| 2018 | -- | $438,300 +31.4% |
| 2017 | $4,465 +56.6% | $333,600 +9.5% |
| 2016 | $2,851 | $304,600 +20.2% |
| 2015 | $2,851 +13.8% | $253,500 +20% |
| 2013 | $2,506 | $211,300 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,825 -1% | $146,800 |
| 2000 | $1,844 | $146,800 |
Find assessor info on the county website
Neighborhood: 98037
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Nearby schools
GreatSchools rating
- 6/10Lynnwood ElementaryGrades: K-6Distance: 0.3 mi
- 7/10Alderwood Middle SchoolGrades: 7-8Distance: 2.4 mi
- 6/10Lynnwood High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$776,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$776,900
- Washington
- Snohomish County
- Lynnwood
- 98037
- 18640 48th Avenue W
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