Sold712d on market
5312 188th Street SW
Lynnwood, WA, 98037 • 98037 • Snohomish County
$1,540,000
$388/sqft
3,968Sqft
0.3 acLot
1968Built
Property DNA
Downtown - Lynnwood
98037
Outdoor Living
Ceramic Tile · Wall to Wall Carpet
Ceramic Tile Floors
Quality flooring throughout
This home is getting attention
Listed 712 days ago · 9 views
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
712 days on market
Established listing
$388/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 32% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1968
4 renovated townhomes in 2018, 3 min to Alderwood Mall, 5 min to future light rail station! Each townhome has 2 bedrooms 1.5 bath, washer& dryer inside, its own backyard, balcony, 2 assigned ample parking for each unit plus guest parking spots. Perfect for combination of short-term or long-term rentals in order to maximize rental income. Located in upgrading area of Lynnwood city center, close to transportation, 5 min commute to I-5, affordable space with colorful city life!
Standout features identified
Our analysis highlights renovated townhomes, guest parking spots, and affordable space as key attractions of this home.
Estimated monthly payment
Based on current rates
$9,589/month
Principal & Interest$7,536
Property Tax$1,540
Insurance$513
Down payment20% ($308,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,232,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1968
HeatingBaseboard, Electric
CoolingNone
Parking10 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionGood
Year built1968
Systems
HeatingBaseboard, Electric
CoolingNone
RoofFlat
ConstructionWood Siding
Water / SewerPublic, Company: Lynnwood utilities / Available, Company: PUD
Parking & Outdoor
ParkingOpen
Lot0.30 Acres
Location & Tax
Neighborhood98037
Annual tax$7,704
Parcel00377900000500
Features & details
8 categories of property features
Interior Features
Flooring
Ceramic Tile
Vinyl Plank
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Wood Siding
Patio & Porch
Ceramic Tile
Wall to Wall Carpet
Lot Features
Sidewalk
Utilities
Xfinity
Xfinity
Listing insights
Market data and value estimates
StatusSold
Days on market712
Est. value$1,505,300
Est. rent$1,845/mo
Tax rate0.77%
Price/sqft$388
On marketApr 18, 2024
PostedFeb 21, 2024
Last sold$1,540,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
Views9
How are the schools in Lynnwood?
3 schools rated nearby
Location
Lynnwood, WA, 98037
Price history
7 events
DateEventPrice$/sqftSource
Apr 24, 2024Sold$1,540,000$388NWMLS as distributed by MLS GRID
Mar 5, 2024Pending Sale$1,599,000$403NWMLS as distributed by MLS GRID
Feb 21, 2024Listed For Sale$1,599,000$403NWMLS as distributed by MLS GRID
Oct 13, 2016Sold$571,350$144NWMLS as distributed by MLS GRID
Aug 15, 2016Pending Sale$550,000$139Sterling, Johnston & Assoc
Aug 11, 2016Listed For Sale$550,000$139Sterling, Johnston & Assoc
Jun 8, 2005Sold$497,000$125Public Record
Sold$1,540,000
Apr 24, 2024•$388/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,599,000
Mar 5, 2024•$403/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,599,000
Feb 21, 2024•$403/sqft•NWMLS as distributed by MLS GRID
Sold$571,350
Oct 13, 2016•$144/sqft•NWMLS as distributed by MLS GRID
Pending Sale$550,000
Aug 15, 2016•$139/sqft•Sterling, Johnston & Assoc
Listed For Sale$550,000
Aug 11, 2016•$139/sqft•Sterling, Johnston & Assoc
Sold$497,000
Jun 8, 2005•$125/sqft•Public Record
Tax history
20 years of records
YearTax paidAssessed value
Apr 7, 2024$9,151$1,150,500
Apr 7, 2023$7,705$993,800
Apr 7, 2022$6,783$907,900
Apr 7, 2021$7,424$816,000
Apr 7, 2020$6,449$710,000
Apr 7, 2019$6,886$670,000
Apr 7, 2018—$632,500
Apr 7, 2017$6,347$480,000
Apr 7, 2016$4,608$434,500
Apr 7, 2015$4,608$410,000
Apr 7, 2013$4,621$390,000
Apr 7, 2012——
Apr 7, 2011——
Apr 7, 2010——
Apr 7, 2009——
Apr 7, 2008——
Apr 7, 2007——
Apr 7, 2002——
Apr 7, 2001$2,835$228,000
Apr 7, 2000$2,864$228,000
Nearby homes
Neighborhood details
Local context around this listing
Lynnwood, WA • Snohomish County
Nearby neighborhoods
Alderwood ManorMartha LakeNorth Lynnwood
Nearby cities
ArlingtonBothellEdmondsEverettLake StevensLynnwoodMarysvilleMonroe
Nearby zip codes
98036980379804698087
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 09:58:37 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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