Listed by Coldwell Banker Danforth, Bought with Real Broker LLC
$395,000
SOLD MAY 21, 2025

5229 188th St SW Unit 10 Lynnwood, WA 98037

Cedarwood Neighborhood
2 Beds
1.5 Baths
1,200 Sq Ft
$394/mo HOA Fee

Recently Sold

$329 Per Sq Ft

7% Below List Price

27 Days on Market

Highlights

  • Bathroom on Main Level
  • Ceramic Tile Flooring
  • 2 Car Garage

About This Home

As of May 2025

This beautifully updated condo is located in the highly sought-after Lynnwood area, just moments from Alderwood Mall, an array of restaurants, shopping, and more. The spacious kitchen, newer cabinetry all overlooking the dining and living area. Fresh paint throughout gives the home a clean, modern feel. Upstairs, you'll find two generous bedrooms, bathroom, and a convenient utility room. Enjoy the added convenience of a private attached 2-car attached garage. Perfectly situated with easy access to I-5, I-405, and Highway 99, this condo offers both comfort and convenience in a vibrant community.

Last Agent to Sell the Property

Alex Zeiady

Coldwell Banker Danforth License #79601 Listed on: 03/27/2025

Coldwell Banker Danforth

Last Buyer's Agent

Dustin Comey

Real Broker LLC License #129763

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2350220

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 1973

HOA Fees

  • $394 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Community Details

  • Association fees include common area maintenance, sewer, trash, water
  • 16 Units
  • Theresa Beers Association
  • Secondary HOA Phone (425) 949-4581
  • Royal Crest Condos
  • Lynnwood Subdivision
  • Park Phone (425) 949-4581 | Manager T Square

Listing and Financial Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,729

Year Built

Built in 1973

Lot Details

0

HOA Fees

$394 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1973
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Royal Crest
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1200
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2350220?w=Consumer&agent=44860
  • Special Features: None
  • Cumulative Days on Market: 78

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceramic Tile, Cooking-Electric
  • Main Level Bathrooms: 1
  • Stories: 1
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric

Condo/Co-op/Association

  • Community Features: See Remarks
  • Park Manager Name: T Square
  • Park Manager Phone: 425-949-4581
  • Senior Community: No
  • Association Fee: 394
  • Association Fee Frequency: Monthly
  • Phone: 425-949-4581
  • Association: Yes
  • Pets Allowed: See Remarks
  • Common Interest: Condominium
  • AssociationContactName: Theresa Beers
  • CommonPropertyFeatures: See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Sewer, Trash, Water

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 01045100001000
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2729

Multi Family

  • Number Of Units In Community: 16
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
May 16, 2025
Sold by
Clark Stephen Edward
Bought by
Alcala Oscar and Alcala Angelica
Seller's Agent
Alex Zeiady
Coldwell Banker Danforth
Buyer's Agent
Dustin Comey
Real Broker LLC
List Price
$425,000
Sold Price
$395,000
Premium/Discount to List
-$30,000
-7.06%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%
Original Mortgage
$403,492
Outstanding Balance
$403,492
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$8,730

Purchase Details

Closed on
Dec 5, 2019
Sold by
Clark Janice and Clark Stephen Edward
Bought by
Clark Stephen Edward

Purchase Details

Closed on
Dec 2, 2015
Sold by
Clark Martin H and Clark Janice M
Bought by
Martin & Janice Clark Living Trust

Purchase Details

Listed on
Nov 14, 2012
Closed on
Dec 18, 2012
Sold by
Fannie Mae
Bought by
Clark Martin H and Clark Janice M
Seller's Agent
Terry Vehrs
Windermere Real Estate/M2, LLC
Buyer's Agent
Alex Zeiady
Coldwell Banker Danforth
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
Aug 15, 2012
Sold by
Graham Michael A
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 15, 2006
Sold by
Lilly Charles D and Petty Eric J
Bought by
Graham Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2006
Sold by
Royal Crest Holdings Llc
Bought by
Lilly Charles D and Petty Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,950
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 19, 1996
Sold by
Davis Blaine E
Bought by
Davis Blaine E and Davis Jerri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.3%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $395,000 Cw Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $125,000 None Available
Trustee Deed $185,665 Accommodation
Warranty Deed $230,000 The Talon Group
Warranty Deed $214,950 Stewart Title
Gift Deed -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,492 New Conventional
Previous Owner $184,000 Purchase Money Mortgage
Previous Owner $42,950 Stand Alone Second
Previous Owner $171,950 Fannie Mae Freddie Mac
Previous Owner $240,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $395,000 0.0% $329 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $395,000 -7.1% $329 / Sq Ft
03/27/2025 03/27/25 For Sale $425,000 +240.0% $354 / Sq Ft
12/27/2012 12/27/12 Sold $125,000 0.0% $104 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
11/14/2012 11/14/12 For Sale $125,000 -- $104 / 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 $2,729 $365,000 $64,000 $301,000
2024 $2,729 $347,500 $60,500 $287,000
2023 $2,418 $319,000 $58,000 $261,000
2022 $2,626 $285,000 $49,000 $236,000
2020 $2,677 $260,000 $88,000 $172,000
2019 $2,380 $232,000 $88,000 $144,000
2018 $2,335 $202,000 $30,000 $172,000
2017 $1,802 $170,000 $30,000 $140,000
2016 $1,525 $144,000 $23,500 $120,500
2015 $1,139 $101,000 $21,000 $80,000
2013 $1,224 $103,000 $21,000 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2350220

Northwest Multiple Listing Service (NWMLS)

APN: 010451-000-010-00