5723 198th St SW Lynnwood, WA 98036
Scriber Lake NeighborhoodEstimated Value: $1,576,141
--
Bed
--
Bath
1,746
Sq Ft
$903/Sq Ft
Est. Value
About This Home
This home is located at 5723 198th St SW, Lynnwood, WA 98036 and is currently estimated at $1,576,141, approximately $902 per square foot. 5723 198th St SW is a home located in Snohomish County with nearby schools including College Place Elementary School, College Place Middle School, and Edmonds Woodway High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2005
Sold by
Kim Joung Shick and Kim Chung Hee
Bought by
Zainab Organization Of Greater Seattle
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$137,921
Interest Rate
6.35%
Mortgage Type
Commercial
Estimated Equity
$1,402,116
Purchase Details
Closed on
Mar 29, 1999
Sold by
I A Leasing Llc
Bought by
Kim Joung Shick and Kim Chung Hee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,639
Interest Rate
6.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 24, 1998
Sold by
Mcnamara William H
Bought by
I A Leasing Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zainab Organization Of Greater Seattle | $620,000 | Transnation Title | |
| Kim Joung Shick | $270,000 | Chicago Title Insurance Co | |
| I A Leasing Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zainab Organization Of Greater Seattle | $235,000 | |
| Previous Owner | Kim Joung Shick | $226,000 | |
| Previous Owner | Kim Joung Shick | $281,639 |
Source: Public Records
Tax History Compared to Growth
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 | -- | $899,800 | $681,200 | $218,600 |
| 2024 | -- | $895,600 | $678,000 | $217,600 |
| 2023 | -- | $844,000 | $643,100 | $200,900 |
| 2022 | -- | $741,400 | $573,500 | $167,900 |
| 2020 | $0 | $606,000 | $322,000 | $284,000 |
| 2019 | $0 | $606,000 | $322,000 | $284,000 |
| 2018 | $0 | $606,000 | $320,400 | $285,600 |
| 2017 | -- | $564,000 | $298,900 | $265,100 |
| 2016 | -- | $517,000 | $210,200 | $306,800 |
| 2015 | -- | $497,000 | $199,300 | $297,700 |
| 2013 | -- | $473,800 | $167,000 | $306,800 |
Source: Public Records
Map
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