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Listed by Amy Barry • HomeSmart One Realty.
FOR SALE

$350,000

Est. $1,939/mo

Price reduced $50,000 from the original $400,000 asking price

2 bd•1.5 ba•1,180 sq ft

5229 188th Street SW #12, Lynnwood, WA 98037

• Listed Aug 11, 2026•69 days active · 69 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: HomeSmart One Realty; Amy Barry; 714-362-4406; amynicassio@gmail.com

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Listing Broker: HomeSmart One Realty; Amy Barry; 714-362-4406; amynicassio@gmail.com

About this home

MAJOR PRICE REDUCTION!!!! Welcome to this well-located 2-bedroom, 1.5-bath townhome in the heart of Lynnwood, featuring a rare and highly desirable two-car garage with a large dedicated storage room. Whether you need secure parking for two vehicles, space for bikes and outdoor gear, a workshop, or simply extra room for all your belongings, this oversized garage offers exceptional flexibility and convenience. Inside, the inviting living space features a cozy wood-burning fireplace, creating the perfect spot to relax on cool evenings. The functional layout includes two bedrooms upstairs, with a spacious primary suite featuring a walk-in closet, plus a convenient half bath on the main floor. Located just minutes from the Lynnwood Light Rail Station, Alderwood Mall, shopping, dining, and everyday amenities—and only a 10-minute drive to downtown Edmonds—this home offers easy access to transit, major commuter routes, and nearby waterfront charm. With two-car garage parking, abundant storage, and no rental cap, this property is an excellent opportunity for first-time buyers, downsizers, commuters, or investors. NO RENTAL CAP!! Opportunities like this don’t come up often—especially with a true two-car garage in this location. Schedule your private showing today and see firsthand the space, convenience, and value this home has to offer before it’s gone!

Property type
Townhouse
Year built
1973
Interior
1,180 sq ft
Lot size
Not listed
Parking
2-car garage
Price / sq ft
$297
HeatingBaseboard
CoolingNone
Property taxes$3,019.76/yr (est.)
HOA dues$502/mo
School districtEdmonds

Listed by Amy Barry • HomeSmart One Realty

Listing updated: September 22, 2026 at 04:57pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2566702

Around this home

RexMont OfferEdge™

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5229 188th Street SW #12, Lynnwood, WA 98037

List price
$350,000
Down payment
$70,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Cooking-Electric
  • Dryer-Electric
  • Fireplace
  • Ground Floor
  • Ice Maker
  • Insulated Windows
  • Walk-In Closet(s)
  • Washer
  • Water Heater
  • Fireplace (wood burning)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 upstairs

Bathrooms

  • 1 full bathroom
  • 1 half bathroom
  • 1.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • Condo (2 Levels)

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Flooring

  • Ceramic Tile
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Royal Crest
Floor of unit
1
Units in building
16
Stories in building
3
Common interest community
No
HOA dues
$502
Dues frequency
Monthly
Dues include
Common Area Maintenance, Lawn Service, Road Maintenance, Sewer, Trash, Water
Association contact
T Square Property Management

Rules

Pets
Yes
55+ community
No

Unit

Assigned parking
2
Unit features
Ground Floor,Insulated Windows,Walk-in Closet
Common property features
Garden Space
Entry location
Main
Access stairs
3
Laundry
Electric Dryer Hookup, Washer Hookup

Systems

Energy source
Electric,Wood
Power production
Electric, Wood
Water heater
tank
Water heater location
Garage
Power company
snohomish pud
Water company
included in hoa
Sewer company
hoa
Garbage service
hoa
Irrigation water rights
No
Internet connected
tmobile
Cable connected
xfinity

Green & certifications

Energy-efficient features
Insulated Windows

Rooms & extras

Window coverings
wood composite
Bathtubs
1
Showers
1
Fireplaces lower level
1

New construction

Square footage source
Realist

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 5229 188th Street SW #12

NWMLS via MLS Grid · Snohomish County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 22, 2026
    Price reduced
    NWMLS via MLS Grid · #2566702
    $350,000
    $297/sq ft
  2. Aug 11, 2026
    Listed
    NWMLS via MLS Grid · #2566702
    $400,000
    $339/sq ft
  3. Aug 18, 2017
    Sold
    NWMLS via MLS Grid · #1140012
    $231,000
    $196/sq ft
  4. Jul 13, 2017
    Pending
    NWMLS via MLS Grid · #1140012
    $229,900
    $195/sq ft
  5. Jul 13, 2017
    Price reduced
    NWMLS via MLS Grid · #1140012
    $229,900
    $195/sq ft
  6. Jun 9, 2017
    Listed
    NWMLS via MLS Grid · #1140012
    $239,900
    $203/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Check eligibility

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$2,780 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: HomeSmart One Realty; Amy Barry; 714-362-4406; amynicassio@gmail.com

Market pulse

Lynnwood is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market

  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 51 days.

Want a deeper read on this market?

Ask a RexMont agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 19, 2026 at 11:09 PM PT (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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