Renovated townhome style fourplex close to the future light rail station and upcoming Lynnwood City Center. Each unit has 2 bedrooms and 1.5 baths; all units equipped with washers and dryers, private balconies, individual backyards, and two off-street parking spots. Units completely renovated in 2017; quartz countertops, new soft-close wood cabinets, new fixers, and double sinks in the full bath were introduced. Brand new vinyl plank flooring installed in two units this year. Minimal updates could increase rents significantly. rents for similar units in the area range between $2,200 to $2,400. Easy to rent units. An ideal investment for those looking to capitalize on a growing area. Interior Inspections upon mutual acceptance
Sold
Listed by: Windermere R E Mount Baker • Marcus Williams
Bought with: Pellego, Inc.
$1,440,000
5332 188th st SW, Lynnwood, WA 98037
--beds
--baths
3,968sqft
Quadruplex, Multi Family
Built in 1968
-- sqft lot
$1,364,100 Zestimate®
$363/sqft
$2,297 Estimated rent
Home value
$1,364,100
$1.27M - $1.46M
$2,297/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Marcus Williams,
Windermere R E Mount Baker
Bought with:
Zhilmil Dhillon, 24005455
Pellego, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2232479
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,968
- Total interior livable area: 3,968 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Features
- Patio & porch: Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.3 Acres
- Features: Sidewalk, Cable TV, Fenced-Partially, High Speed Internet
Details
- Parcel number: 00377900000300
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Products
- Foundation: Slab
- Roof: Flat
Condition
- Average
- Year built: 1968
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Alderwood Manor
Location
- Region: Lynnwood
Financial & listing details
- Price per square foot: $363/sqft
- Tax assessed value: $992,700
- Annual tax amount: $7,779
- Date on market: 6/13/2024
- Cumulative days on market: 769 days
- Listing terms: Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2024 | Sold | $1,440,000-2.7%$363/sqft |
Source:  NWMLS as distributed by MLS GRID #2232479 Report a problem | ||
| 5/22/2024 | Pending sale | $1,480,000$373/sqft |
Source: NWMLS as distributed by MLS GRID #2232479 Report a problem | ||
| 5/11/2024 | Listed for sale | $1,480,000$373/sqft |
Source: NWMLS as distributed by MLS GRID #2232479 Report a problem | ||
| 5/7/2024 | Pending sale | $1,480,000$373/sqft |
Source: NWMLS as distributed by MLS GRID #2232479 Report a problem | ||
| 5/4/2024 | Listed for sale | $1,480,000+135.9%$373/sqft |
Source: NWMLS as distributed by MLS GRID #2232479 Report a problem | ||
| 6/24/2016 | Sold | $627,500+2.9%$158/sqft |
Source: NWMLS as distributed by MLS GRID #948904 Report a problem | ||
| 12/23/2015 | Listing removed | $610,000$154/sqft |
Source: John L Scott Real Estate #809459 Report a problem | ||
| 8/13/2015 | Price change | $610,000-4.7%$154/sqft |
Source: John L Scott Real Estate #809459 Report a problem | ||
| 8/7/2015 | Pending sale | $640,000$161/sqft |
Source: John L Scott Real Estate #809459 Report a problem | ||
| 7/3/2015 | Listed for sale | $640,000$161/sqft |
Source: John L Scott Real Estate #809459 Report a problem | ||
| 6/30/2015 | Pending sale | $640,000$161/sqft |
Source: John L Scott Real Estate #809459 Report a problem | ||
| 6/26/2015 | Listed for sale | $640,000+9.4%$161/sqft |
Source: John L Scott Real Estate #809459 Report a problem | ||
| 4/1/2014 | Listing removed | $585,000$147/sqft |
Source: Preview Properties, Inc. #559016 Report a problem | ||
| 10/28/2013 | Listed for sale | $585,000+16.5%$147/sqft |
Source: Preview Properties, Inc. #559016 Report a problem | ||
| 4/3/2006 | Sold | $502,000$127/sqft |
Source: NWMLS as distributed by MLS GRID #26024951 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,911 +2.7% | $992,700 -0.1% |
| 2023 | $7,702 +13.6% | $993,500 +9.5% |
| 2022 | $6,781 -17.7% | $907,600 +0.1% |
| 2021 | $8,240 +15.2% | $907,000 +15% |
| 2020 | $7,155 -6.4% | $789,000 +6% |
| 2019 | $7,645 | $744,000 +6.1% |
| 2018 | -- | $701,500 +46.1% |
| 2017 | $7,039 +52.8% | $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
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Nearby schools
GreatSchools rating
- 3/10Cedar Valley Community SchoolGrades: K-6Distance: 0.4 mi
- 7/10Alderwood Middle SchoolGrades: 7-8Distance: 2.7 mi
- 6/10Lynnwood High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$1,364,100
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Estimated market value
$1,364,100
- Washington
- Snohomish County
- Lynnwood
- 98037
- 5332 188th st SW
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