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5311 188th Street SW #C-10, Lynnwood, WA, 98037

2beds
2baths
1,004sqft
$379,050
$378price/sqft
$2,363/moest. monthly cost
$94,520/yrincome needed

About This Home

5% PRICE IMPROVEMENT! This is your chance to own a fully remodeled home in one of Lynnwood's most exciting and rapidly evolving locations. Every major update has already been done, including new luxury vinyl plank flooring, updated bathrooms, new cabinetry, fresh interior paint, and new trim, creating a bright, move-in-ready home from day one. Located in a 14-unit, pet-friendly HOA, this end unit overlooks a grassy common area, offering extra privacy and a peaceful setting. Just minutes from Highway 99, the Lynnwood Light Rail Station, Trader Joe's, Wilcox Park, restaurants, and the exciting new District, where nearly 9 acres in the heart of Lynnwood (just 1 mile from this condo!) are being transformed into vibrant public spaces with festival streets, pop-up events, gathering places, and beautiful green spaces designed to bring the community together. This is an investment not just in the neighborhood, but in the community's future. You're also just a short drive from the Edmonds waterfront, with beaches, boutique shopping, coffee shops, the summer farmers market, and the ferry terminal. One dedicated parking space plus ample guest parking make everyday living easy, while NO RENTAL CAP offers incredible flexibility for homeowners and investors alike. Similar units rent for approximately $2,500/month. Don't miss this opportunity!

Getting Around

67
WalkingSomewhat Walkable
37
TransitSome Transit
52
BikeBikeable

Schools

3/10
7/10
Alderwood Middle SchoolGrades 7-82.7 mi
6/10
Lynnwood High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1969

Materials

  • Construction materials: Brick,Wood Siding

Notable Dates

  • Major remodel year: 1969

Type & Style

  • Home type: Townhouse
  • Architectural style: Townhouse,Townhouse
  • Property subType: Townhouse,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Washer(s),Water Heater: Electric,Water Heater Location: Entryway closet,Cooking - Electric Hookup,Cooking-Electric,Dryer-Electric
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Entry Hall

  • Level: Main

Features

  • Window features: Insulated Windows,Coverings: Yes
  • Flooring: Vinyl Plank

Heating & Cooling

  • Heating features: Baseboard,Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,004
  • Total interior livable area: 1,004 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Property

Details

  • Parcel number: 00672400001000
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Entry location: Main
  • Patio & porch: Cooking-Electric,Dryer-Electric,End Unit,Ground Floor,Insulated Windows,Primary Bathroom,Walk-In Closet(s),Washer,Water Heater

Lot

  • Features: Corner Lot,Paved

Parking

  • Total spaces: 1
  • Parking features: Off Street,Uncovered
  • Uncovered spaces: 1

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 $1,916$22,992
Home Insurance *$62$744
Property Taxes $236$2,832
Electricity $149$1,793
Total$2,363$28,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,017/yr
40% on housing$70,890/yr
45% on housing$63,013/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

$378This listing

vs Other Active Listings

Avg $/sqft

ZIP 98037$337
Snohomish County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 98037$438
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
2026-07-21Listed for sale$379,050
2006-07-28Sold$176,000
2003-06-20Sold$117,450
2000-01-12Sold$98,950

For Sale by Agent

AgentErin Olnon
BrokerageWindermere RE North, Inc.

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