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  • Listed by: Berkshire Hathaway HS NW • Cherry Che
    Bought with: Kelly Right RE of Seattle LLC
    $1,540,000

    5312 188th Street SW, Lynnwood, WA 98037

    --beds
    --baths
    3,968sqft
    Quadruplex, Multi Family
    Built in 1968
    -- sqft lot
    $1,447,300 Zestimate®
    $388/sqft
    $1,990 Estimated rent

    Home value

    $1,447,300

    $1.35M - $1.56M

    $1,990/mo

    Zestimate® history
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    What's special

    Renovated townhomesGuest parking spotsAffordable space
    4 renovated townhomes in 2018, 3 min to Alderwood Mall, 5 min to future light rail station! Each townhome has 2 bedrooms 1.5 bath, washer& dryer inside, its own backyard, balcony, 2 assigned ample parking for each unit plus guest parking spots. Perfect for combination of short-term or long-term rentals in order to maximize rental income. Located in upgrading area of Lynnwood city center, close to transportation, 5 min commute to I-5, affordable space with colorful city life!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cherry Che,

    Berkshire Hathaway HS NW

    Bought with:

    Anuraga Gowtham, 21022565

    Kelly Right RE of Seattle LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2197817MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Flooring: Ceramic Tile, Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 3,968
    • Total interior livable area: 3,968 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Open
    • Uncovered spaces: 10
    Features
    • Patio & porch: Ceramic Tile, Wall to Wall Carpet
    Lot
    • Size: 0.3 Acres
    • Features: Sidewalk
    Details
    • Parcel number: 00377900000500
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 4-Plex
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Wood Siding
    • Foundation: Block
    • Roof: Flat
    Condition
    • Good
    • Year built: 1968
    • Major remodel year: 2018

    Utilities & green energy

    • Electric: Company: PUD
    • Sewer: Available, Company: PUD
    • Water: Public, Company: Lynnwood utilities
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Subdivision: Downtown - Lynnwood
    Location
    • Region: Lynnwood

    Financial & listing details

    • Price per square foot: $388/sqft
    • Tax assessed value: $1,150,500
    • Annual tax amount: $7,704
    • Date on market: 4/18/2024
    • Cumulative days on market: 825 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    4/24/2024Sold$1,540,000-3.7%$388/sqft
    Source: NWMLS as distributed by MLS GRID #2197817 Report a problem
    3/5/2024Pending sale$1,599,000$403/sqft
    Source: NWMLS as distributed by MLS GRID #2197817 Report a problem
    2/21/2024Listed for sale$1,599,000+179.9%$403/sqft
    Source: NWMLS as distributed by MLS GRID #2197817 Report a problem
    10/13/2016Sold$571,350+3.9%$144/sqft
    Source: NWMLS as distributed by MLS GRID #1012981 Report a problem
    8/15/2016Pending sale$550,000$139/sqft
    Source: Sterling, Johnston & Assoc #1012981 Report a problem
    8/11/2016Listed for sale$550,000+10.7%$139/sqft
    Source: Sterling, Johnston & Assoc #1012981 Report a problem
    6/8/2005Sold$497,000$125/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,151 +18.8%$1,150,500 +15.8%
    2023$7,705 +13.6%$993,800 +9.5%
    2022$6,783 -8.6%$907,900 +11.3%
    2021$7,424 +15.1%$816,000 +14.9%
    2020$6,449 -6.3%$710,000 +6%
    2019$6,886 $670,000 +5.9%
    2018-- $632,500 +31.8%
    2017$6,347 +37.7%$480,000 +10.5%
    2016$4,608 $434,500 +6%
    2015$4,608 -0.3%$410,000 +5.1%
    2013$4,621 $390,000
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    2008-- --
    2007-- --
    2002-- --
    2001$2,835 -1%$228,000
    2000$2,864 $228,000
    Find assessor info on the county website

    Neighborhood: 98037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,447,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,447,300