Listing provided courtesy of Windermere Real Estate GH LLC. Bought with Windermere Real Estate GH LLC.

Off market jul 2008 for $1.2M

—

Est. refi paymentEst. refi $8,136/mo

Studio

•

— ba

•

7,529

sq ft

527 Forsyth Ln, Edmonds, WA 98020

About this home

Rare investment opportunity in the Edmonds Bowl! Solid bldg with great tenants. Six units including an amazing VIEW 3 bdrm/2 bath PENTHOUSE with approximately 2516 square feet (per appraisal). PH has fireplace, one person elevator & pvt laundry area. Absolutely ideal for a savvy investor who wants to create the perfect penthouse environment in the Bowl for his/her own use. There is a shared pay W&D, pvt. sauna & a shop/storage area on the basement level. Great bones- just needs some updates!

Multi-familyProperty Type

1977Year Built

9,148 sq ftLot Size

$159Price/Sq.Ft.

9 spacesParking

Listed by • Windermere Real Estate GH LLC

Bought with Jim Wilkinson • Windermere Real Estate GH LLC

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #28059691

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 98020, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.9%

0.8% MoM

Median sale price

$1.2M

$13K MoM

Avg. days on market

16d

3 days MoM

Recently sold homes

12 MoM

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Jenn Flynn • Quorum-Laurelhurst, Inc
See all

Provided by Redfin

Sale history for 527 Forsyth Ln

Date

Event

Price

Jul 16, 2008

Sold (MLS)

NWMLS as Distributed by MLS Grid #28059691

$1,200,000

$159/sq ft

Apr 11, 2008

Delisted

NWMLS as Distributed by MLS Grid #28059691

—

Apr 8, 2008

Listed

NWMLS as Distributed by MLS Grid #28059691

$1,200,000

$159/sq ft

Sep 27, 2004

Sold

Public Records

$825,000

$110/sq ft

Mar 15, 2002

Sold (MLS)

NWMLS as Distributed by MLS Grid #22013234

$795,000

$106/sq ft

Jan 26, 2002

Listed

NWMLS as Distributed by MLS Grid #22013234

$850,000

$113/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$16,034 (+16.3%)

$831,600 + $1,109,700

$1,941,300

2025

$13,791 (−0.3%)

$831,600 + $1,109,700

$1,941,300

2024

$13,828 (+11.7%)

$831,600 + $1,110,500

$1,942,100

2023

$12,377 (−8.3%)

$831,600 + $969,600

$1,801,200

2022

$13,499 (+1.4%)

$620,500 + $994,900

$1,615,400

2021

$13,318 (+11.9%)

$620,500 + $989,900

$1,610,400

2020

$11,900 (+17.9%)

$620,500 + $989,900

$1,610,400

2019

$10,094 (−7.6%)

$520,500 + $753,000

$1,273,500

2018

$10,930 (+10.8%)

$634,800 + $326,200

$961,000

2017

$9,860 (+8.6%)

$634,800 + $326,200

$961,000

2016

$9,082 (−2.9%)

$634,800 + $326,200

$961,000

2015

$9,349 (−1.0%)

$469,000 + $381,000

$850,000

2014

$9,447 (−2.2%)

$469,000 + $381,000

$850,000

2013

$9,657 (+4.9%)

$469,000 + $381,000

$850,000

2012

$9,207 (+1.7%)

$521,100 + $306,900

$828,000

2011

$9,055 (+2.2%)

$615,800 + $212,200

$828,000

2010

$8,859

$852,700 + $147,300

$1,000,000

2009

$8,859

$852,700 + $147,300

$1,000,000

Tax history for 527 Forsyth Ln

Year

Property tax

Land + Additions

Assessment*

2026

$16,034 (+16.3%)

$831,600 + $1,109,700

$1,941,300

2025

$13,791 (−0.3%)

$831,600 + $1,109,700

$1,941,300

2024

$13,828 (+11.7%)

$831,600 + $1,110,500

$1,942,100

2023

$12,377 (−8.3%)

$831,600 + $969,600

$1,801,200

2022

$13,499 (+1.4%)

$620,500 + $994,900

$1,615,400

2021

$13,318 (+11.9%)

$620,500 + $989,900

$1,610,400

2020

$11,900 (+17.9%)

$620,500 + $989,900

$1,610,400

2019

$10,094 (−7.6%)

$520,500 + $753,000

$1,273,500

2018

$10,930 (+10.8%)

$634,800 + $326,200

$961,000

2017

$9,860 (+8.6%)

$634,800 + $326,200

$961,000

2016

$9,082 (−2.9%)

$634,800 + $326,200

$961,000

2015

$9,349 (−1.0%)

$469,000 + $381,000

$850,000

2014

$9,447 (−2.2%)

$469,000 + $381,000

$850,000

2013

$9,657 (+4.9%)

$469,000 + $381,000

$850,000

2012

$9,207 (+1.7%)

$521,100 + $306,900

$828,000

2011

$9,055 (+2.2%)

$615,800 + $212,200

$828,000

2010

$8,859

$852,700 + $147,300

$1,000,000

2009

$8,859

$852,700 + $147,300

$1,000,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

9,148 Sq. Ft.

Year renovated

—

Sq. Ft.

5,183

Year built

1977

Style

Multi-Family (5+ Unit)

County

Snohomish County

APN

27032500213300

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

RM-1.5

Multiple Residential Zone

The RM zone has the following specific purposes in addition to the general purposes for residential zones; To reserve and regulate areas for a variety of housing types, and a range of greater densities than are available in the middle housing residential zones, while still maintaining a residential environment; To provide for those additional uses which complement and are compatible with multiple residential uses.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Public service
Educational/school
Park & open space

Property details

Parking

Parking Information
Parking Uncovered Spaces: 5
Open Parking Spaces: 5
Carport Spaces: 4
Has Open Parking

Interior

Heating & Cooling
Has Heating

Interior Features
Interior Features: Ceramic Tile, Wall to Wall Carpet
Flooring: Ceramic Tile, Vinyl, Carpet

Multi-Family Financial Information
Electric Expense: $3,240
Insurance Expense: $3,400
Net Operating Income: $52,570
Gross Adjusted Income: 70673
Gross Scheduled Income: $70,680
Total Monthly Income: 5890
Gross Rent Multiplier: 16
Total Expenses: 18103

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 6
# of Units (Total): 6
Furnished: Unfurnished

Exterior

Exterior Features
Exterior Features: Brick, Stucco

Property Information
Style Code: 55 - 5-9 Units
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Has View

Land Information
Possible Use: Multi-Family

Lot Information
Site Features: Deck
Zoning Jurisdiction: City
Lot Features: Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.21
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $7,683
Tax Year: 2008

Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Public
Water Company: City of Edmonds
Power Company: SNohomish PUD
Sewer: Sewer Connected
Sewer Company: City of Edmonds
Utilities: Sewer Connected, Electric
Water Sewer Garbage: 3780

Location

HOA Information
Association Fee Frequency: Annually

School Information
High School District: Edmonds

Location Information
Directions: Forsyth is a small street just south of Pine. Go up slight hill east from 5th Avenue S. in the Bowl.

Community Information
Amenities: Coin Op Laundry,Elevator,See Remarks,Storage

Public facts

Beds: —
Baths: 6.0
Sq. Ft.: 5,183
Stories: 2.0
Lot Size: 9,148 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1977
Year Renovated: —
County: Snohomish County
APN: 27032500213300

Home facts updated by county records on Oct 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Tuesday, April 8, 2008

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 7529
Building Area Total: 7529
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: The Airing Apartments
Structure Type: Multi Family
Stories Total: 3

Around this home

Schools

Sherwood Elementary School

Public K-6 • Assigned • 0.8mi

9/10

College Place Middle School

Public 7-8 • Assigned • 2.1mi

4/10

Edmonds Woodway High School

Public 9-12 • Assigned • 1.8mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 86° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

8 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Edmonds, WA • 98020

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

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