Listed by COMPASS, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

15406 40th Ave W Unit 5 Lynnwood, WA 98087

North Lynnwood Neighborhood

Estimated Value: $599,000 - $657,247

4 Beds
3 Baths
1,996 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $440,000 $220 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,738/month

1 Day on Market

Highlights

  • 1 Fireplace
  • Garage
  • Wood Siding
  • Double Oven
  • Dogs and Cats Allowed
  • Wall to Wall Carpet

About This Home

As of March 2020

Sundrenched Airy & Bright! This Townhome is in a great community near parks with easy freeway access to I-5, 405, 99 & Paine Field. Featuring a large, bright, & open contemporary floor plan with 3 levels of updated modern living. Kitchen is spacious & features plenty of counter space, tons of storage, plus high end appliances. You'll love the 2 car garage & massive storage! 4th bedroom could be a large entertaining bonus/Rec room downstairs. Plus, peak-a-boo views of the Olympic Mountains.

Last Agent to Sell the Property

Justin Gazabat

COMPASS License #82534 Listed on: 02/13/2020

COMPASS

Last Buyer's Agent

Tan Vo Nguyen

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1563603

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,346

Year Built

  • Built in 2006

Lot Details

  • Street terminates at a dead end

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 01043000000500

Community Details

Overview

  • North Lynnwood Community

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,346

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Townhouse
  • Entrance Level: Lower
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 3.00
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1996

Exterior Features

  • Exterior: Metal/Vinyl, Wood, Wood Products
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage, Off Street, Uncovered
  • Parking Space Number: Garage

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: Garage-Gas

Condo/Co-op/Association

  • HOA Fees: 125
  • Community Name: North Lynnwood
  • Project: Madelaine Court Condo
  • Cats And Dogs: Cats Only, Dogs Only, No Restrictions
  • Common Property Features: Fire Sprinklers, High Speed Int Avail, Outside Entry
  • Home Owner Dues Included: Road Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Master Bath

Schools

  • School District: ED

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 22343
  • Parcel Number: 01043000000500

Tax Info

  • Tax Amount: 3792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 12, 2020
Sold by
Hartman Nicholas S
Bought by
Le Chau Ngoc
Seller's Agent
Justin Gazabat
COMPASS
Buyer's Agent
Tan Vo Nguyen
John L. Scott, Inc
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Current Estimated Value
$629,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,062
Avg. Annual Appreciation
6.56%
Original Mortgage
$308,000
Outstanding Balance
$272,778
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$356,284

Purchase Details

Closed on
Jul 14, 2010
Sold by
Procore Holdings Llc
Bought by
Hartman Nicholas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,010
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2010
Sold by
Schneider Christine M
Bought by
Procore Holdings Llc

Purchase Details

Closed on
Jul 10, 2006
Sold by
G S Development Corp
Bought by
Schneider Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,302
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Le Chau Ngoc $440,000 Wfg Natl Ttl Co Of Wa Llc
Hartman Nicholas S $225,000 First American Title Ins Co
Procore Holdings Llc $155,000 None Available
Schneider Christine M $312,950 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Chau Ngoc $308,000
Previous Owner Hartman Nicholas S $222,010
Previous Owner Schneider Christine M $297,302
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2020 03/12/20 Sold $440,000 +3.5% $220 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $425,000 -- $213 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

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 $5,346 $642,000 $95,000 $547,000
2024 $5,346 $642,000 $80,000 $562,000
2023 $4,161 $516,000 $78,000 $438,000
2022 $4,441 $451,000 $64,500 $386,500
2020 $4,166 $375,300 $200,000 $175,300
2019 $3,792 $339,400 $170,000 $169,400
2018 $3,717 $293,100 $130,000 $163,100
2017 $3,358 $274,000 $36,000 $238,000
2016 $2,812 $229,000 $32,500 $196,500
2015 $2,816 $218,000 $32,500 $185,500
2013 $2,795 $206,000 $32,500 $173,500
Source: Public Records

Agents Affiliated with this Home

  • Justin Gazabat

    Seller's Agent in 2020

    Justin Gazabat

    Avenue Properties

    (253) 312-8444

    44 Total Sales

    Justin Gazabat
    Section Image

  • T

    Buyer's Agent in 2020

    Tan Vo Nguyen

    John L. Scott, Inc

  • T

    Buyer's Agent in 2020

    Tan Nguyen

    Liberty Real Estate, LLC

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1563603

Northwest Multiple Listing Service (NWMLS)

APN: 010430-000-005-00

Washington Snohomish County Lynnwood 98087 North Lynnwood

15406 40th Ave W Unit 5, Lynnwood, WA

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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