Listed by Ballpark Realty
$825,000
$100K PRICE DROP

15330 40th Ave W Unit A & B Lynnwood, WA 98087

North Lynnwood Neighborhood

Estimated payment $4,997/month

Total Views 6,678
5 Beds
2 Baths
2,288 Sq Ft
$361 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Property is near public transit
  • 2 Fireplaces
  • Deck
  • Territorial View
  • No HOA

About This Home

Excellent investment opportunity! This beautifully updated duplex offers flexibility and income potential. Live in one unit and rent out the other to offset your mortgage. Unit A features 3 bedrooms, each with a walk-in closet, plus new floors, fresh paint, tile backsplash, a wood-burning fireplace, and a newly sealed deck. A new roof was installed in 2023. Unit B includes 2 bedrooms, new flooring and carpet, sleek quartz countertops, and abundant natural light. Both units are move-in ready and designed for comfort and functionality. Whether you're house-hacking or building your rental portfolio, this is a smart, versatile investment you won't want to miss! This home appraised at 925K in 2023 prior to updates so its priced to sell!

Listing Agent

Tyler Ware

Ballpark Realty License #21010375 Listed on: 06/05/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2387088

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,209

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Open Space
  • Partially Fenced Property
  • Level Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,288 Sq Ft Home
  • Multi-Level Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Territorial Views
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lynnwood Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,209

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 15 - Multi Level
  • Year Built: 1955
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2288
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2387088?w=Consumer&agent=133336
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Double Pane/Storm Window, Fireplace, Walk-In Closet(s)
  • Living Area: 2288
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 2288
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Open Space, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, Off Street, RV Parking

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: Alderwood Water District
  • WaterCompany: Alderwood Water District

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Edmonds
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00372901102101
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Matrix

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2025
  • Tax Annual Amount: 7209

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,256 $858,500 $397,700 $460,800
2024 $4,256 $487,200 $333,100 $154,100
2023 $3,905 $463,900 $323,100 $140,800
2022 $4,871 $482,000 $301,100 $180,900
2020 $4,696 $412,000 $192,200 $219,800
2019 $3,954 $342,000 $167,100 $174,900
2018 $3,838 $292,000 $151,900 $140,100
2017 $3,587 $282,000 $138,100 $143,900
2016 $3,205 $251,000 $131,500 $119,500
2015 $3,235 $241,000 $125,000 $116,000
2013 $3,124 $221,000 $125,000 $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $825,000 -2.9% $361 / Sq Ft
07/22/2025 07/22/25 Price Changed $849,999 -2.3% $372 / Sq Ft
07/18/2025 07/18/25 Price Changed $869,999 -0.6% $380 / Sq Ft
07/09/2025 07/09/25 Price Changed $874,999 0.0% $382 / Sq Ft
06/30/2025 06/30/25 Price Changed $875,000 -2.8% $382 / Sq Ft
06/20/2025 06/20/25 Price Changed $900,000 -2.7% $393 / Sq Ft
06/05/2025 06/05/25 For Sale $925,000 0.0% $404 / Sq Ft
08/28/2023 08/28/23 Sold $925,000 0.0% $404 / Sq Ft
08/28/2023 08/28/23 For Sale $925,000 -- $404 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $925,000 Old Republic Title
Warranty Deed $135,000 Transamerica Title Ins Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $786,250 New Conventional
Previous Owner $79,640 New Conventional
Previous Owner $90,616 Fannie Mae Freddie Mac
Previous Owner $108,000 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2387088

Northwest Multiple Listing Service (NWMLS)

APN: 003729-011-021-01