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Listed by Michelle Thomas • COMPASS.Some photos are virtually staged
FOR SALE

$319,950

Est. $1,772/mo

Price reduced $10,000 from the original $329,950 asking price

2 bd•1.75 ba•1,041 sq ft

15416 40th Avenue W #59, Lynnwood, WA 98087

• Listed Sep 10, 2026•77 days active · 77 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: COMPASS; Michelle Thomas; 925-301-5888; MichelleThomas@compass.com

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Listing Broker: COMPASS; Michelle Thomas; 925-301-5888; MichelleThomas@compass.com

About this home

***Nearly $10,000 toward your home purchase! Qualified buyers may receive a combined seller and lender credit of up to 3% of the purchase price toward an interest rate buydown and closing costs. Contact your broker for eligibility and details.*** Room to live. Fewer chores. A place of your own. With 1,041 sq. ft., 2 bedrooms, 1.75 baths and two dedicated parking spaces, this updated condo offers comfortable space and everyday convenience. Ground floor living means no access stairs, while HOA maintained landscaping gives you more time to enjoy life. An updated kitchen with stainless steel appliances and a breakfast bar opens to the dining area. Relax by the wood burning fireplace or step onto your large private deck with extra storage. Updated bathrooms and full size laundry add everyday convenience. HOA dues include water, sewer, garbage, landscaping and common area maintenance. Enjoy an outdoor pool, playground and athletic court, plus nearby shopping, dining, transit and freeway access. With 83% owner occupancy and no rental cap, you can settle in now with the flexibility to potentially keep it as a rental later. A practical first home or a comfortable next chapter.

Property type
Condo
Year built
1980
Interior
1,041 sq ft
Lot size
Not listed
Parking
Carport, Off Street
Price / sq ft
$307
HeatingBaseboard
CoolingNone
Property taxes$2,858/yr (est.)
HOA dues$456/mo
School districtEdmonds

Listed by Michelle Thomas • COMPASS

Listing updated: October 8, 2026 at 01:13pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2580573

Around this home

RexMont OfferEdge™

How much should you offer?

15416 40th Avenue W #59, Lynnwood, WA 98087

List price
$319,950
Down payment
$63,990

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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
  • Insulated Windows
  • Washer
  • Water Heater
  • Fireplace (wood burning)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Refrigerator
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Condo (1 Level)
  • Remodeled / updated: true

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Flooring

  • Vinyl
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Northridge Condominium
Floor of unit
1
Units in building
16
Stories in building
3
FHA-approved project
No
Co-op
No
Common interest community
No
HOA dues
$456
Dues frequency
Monthly
Dues include
Common Area Maintenance, Lawn Service, Road Maintenance, Sewer, Trash, Water
Special assessment
false
Other dues or fees
No
Association contact
VIS Group Inc
First right of refusal
No

Rules

Rental cap
No Rental Cap
Short-term rentals allowed
No
Pets
See Remarks, Subject to Restrictions
55+ community
No

Unit

Assigned parking
2
Parking space numbers
63&85
Storage location
on deck
Unit features
Balcony/Deck/Patio,Ground Floor,Insulated Windows
Common property features
Athletic Court,High Speed Int Avail,Playground,Pool-Outdoor
Entry location
Main
Laundry
Electric Dryer Hookup, Washer Hookup

Systems

Energy source
Electric
Power production
Electric
Water heater
electric
Water heater location
closet
Power company
Snohomish Public Utilities
Water company
HOA
Sewer company
HOA
Garbage service
HOA
Irrigation water rights
No

Green & certifications

Energy-efficient features
Insulated Windows

Rooms & extras

Window coverings
yes
Bathtubs
1
Showers
2
Fireplaces on main
1
Excluded items
No

New construction

Construction methods
Standard Frame
Square footage source
Realist
Lot size source
Realist

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Edmonds School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Sales & Tax Records for 15416 40th Avenue W #59

NWMLS via MLS Grid

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. Oct 8, 2026
    Price reduced
    NWMLS via MLS Grid · #2580573
    $319,950
    $307/sq ft
  2. Sep 10, 2026
    Listed
    NWMLS via MLS Grid · #2580573
    $329,950
    $317/sq ft
  3. Apr 20, 2023
    Sold
    NWMLS via MLS Grid · #2043611
    $345,000
    $331/sq ft
  4. Mar 19, 2023
    Pending
    NWMLS via MLS Grid · #2043611
    $339,900
    $327/sq ft
  5. Mar 16, 2023
    Listed
    NWMLS via MLS Grid · #2043611
    $339,900
    $327/sq ft
  6. Apr 30, 2019
    Sold
    NWMLS via MLS Grid · #1423862
    $225,950
    $217/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

$2,546 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

Get pre-approved
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: COMPASS; Michelle Thomas; 925-301-5888; MichelleThomas@compass.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 41 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $344,000 Sold

    2 weeks ago

    2 bd•2 ba•Condo

    14814 29th Avenue W #A102, Lynnwood, WA 98087

    4%

    Under list

    92

    Days on market

    0.8 mi

    Distance

  • $585,000 Sold

    6 weeks ago

    3 bd•2.25 ba•Condo

    15720 Manor Way #D5, Lynnwood, WA 98087

    0%

    Over list

    38

    Days on market

    0.8 mi

    Distance

  • $509,950 Sold

    6 weeks ago

    2 bd•2.25 ba•Condo

    15720 Manor Way #E4, Lynnwood, WA 98087

    0%

    Over list

    60

    Days on market

    0.8 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

Want a deeper read on this market?

Ask a RexMont agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 8, 2026 at 01:13pm (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.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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