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20822 Damson Rd, Lynnwood, WA, 98036

2beds
1baths
1,064sqft
$650,000
$611price/sqft
$3,973/moest. monthly cost
$158,920/yrincome needed

About This Home

An exceptional opportunity to build in one of Lynnwood's most desirable locations. Located in unincorporated Snohomish County, this 12,000+ square-foot flat lot features LDMR zoning, allowing up to 4 Units to be built, or keep the existing home and build detached ADUs up to 1,200 sq ft each. All the prep work has been completed. A survey of boundary lines and showing all utilities (all located on the street: gas, electricity, water/sewer) has been completed and can be shared with interested parties. A County Pre-App meeting has been completed, and this project is ready for you to submit your building designs. Pre-App site plan has been designed for demolition of the existing house. Plans for a 5,500 square-foot custom duplex along with two 1,200-square-foot ADUs, providing the opportunity to move into the permitting process more quickly while potentially saving significant time and expense. Ideally located within the highly sought-after Brier School District, the property is just minutes from parks, shopping, restaurants, and major commuter routes, with convenient access to I-5, I-405, Downtown Bothell, Mill Creek, and Alderwood. Buyer to verify all information to their own satisfaction.

Getting Around

38
WalkingCar-Dependent
25
TransitSome Transit
20
BikeSomewhat Bikeable

Schools

8/10
Brier Elementary SchoolGrades K-62.2 mi
7/10
8/10

Construction

Condition

  • Year built: 1947

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • 1/2 bathrooms: 1

Interior Area

  • Total structure area: 1,064
  • Total interior livable area: 1,064 sqft

Property

Details

  • Parcel number: 00373002700103

Lot

  • Lot size: 0.28 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Ice Storm
Landslide
Winter Weather

FEMA Declared Disasters in Snohomish County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$106$1,272
Property Taxes $432$5,184
Electricity $149$1,793
Total$3,973$47,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$136,217/yr
40% on housing$119,190/yr
45% on housing$105,946/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$611This listing

vs Other Active Listings

Avg $/sqft

ZIP 98036$378
Snohomish County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 98036$473
Snohomish County$396

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$650,000
2025-11-25Sold$460,000
2025-10-13Pending sale$449,500
2025-10-10Listed for sale$449,500

For Sale by Owner

AgentWilson

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