Neighborhood
Fairwood Greens
Mill Creek, Washington US
Fairwood Greens, Mill Creek, Washington is a balanced but softer-return investment profile with gross yield of 3.2 and prices in line with Mill Creek but about 35% above Washington. Prices have moved down 1.1% over the past year, while the neighborhood posts a Red Flag score of 52 and education in the 87th percentile. The main strength is the strong education percentile; the main risk is the above-state pricing and the recent price decline.
AI Summary•Updated June 2026
Area
0.01 mi²
ZIP Code
98012
County
Snohomish County
State
Washington
Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20FBI UCR — state crimeEPA — radon zonesUS Census ACS / TIGER 2024
Verified Price · Median Sale
$958,465
YoY-1.1%
Gross Rental Yield
3.3%
Listed rent · ZORI annualized
Red Flag Index
Moderate
52 / 100
Walkability Score
—
OpenStreetMap POI density · national percentile
Education Score
87 / 100
Pre-pandemic SEDA (2018/19) · district proxy
AI Score
45
DistrictScore attractiveness · national model
Fairwood Greens Property Prices & Rental Yield
Verified Redfin sale data and Zillow ZORI asking rent for Fairwood Greens, Mill Creek.
Unlock the Fairwood Greens 12-month price trend
See the full Verified vs Listed price history — free with a DistrictScore account.
Sign in to view — freeMarket Economics Snapshot
Jun 2026| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $958,465 | -1.1% |
| Price / Sq Ft (Verified) | $474/sqft | -1.6% |
| Asking Rent (Median) | $2,640/mo | +7.2% |
| Gross Rental Yield | 3.3% | — |
| Liquidity Score | 45 / 100 | Moderate |
| Homes Sold (Period) | 196 | -22.2% |
Is Fairwood Greens Safe? Natural-Hazard Risk
FEMA National Risk Index composite across eight hazards, plus inherited Washington crime context.
Unlock the Fairwood Greens risk report
See all eight FEMA hazard scores and the AI risk insights with Pro.
Unlock with ProFairwood Greens Environment & Safety
Satellite PM2.5 air-quality history, FBI UCR crime trend (Washington-level, the finest official aggregation), EPA radon potential and point-source hazard screening.
Unlock Fairwood Greens environment & safety
See air-quality history, crime trend, radon potential and hazard screening with Pro.
Unlock with ProFairwood Greens vs Mill Creek vs Washington
How Fairwood Greens benchmarks against its city and state medians.
Unlock the Fairwood Greens benchmark
Compare Fairwood Greens against Mill Creek and Washington medians with Pro.
Unlock with ProBuying Property in the US as a Foreigner
Federal & Washington tax facts for non-resident buyers, plus the latest local market news.
Buying as a Foreigner
US Tax & OwnershipApplies to everyone7
Capital Gains (Federal)
Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).
Property Tax
Property tax: ~0.74% average effective rate (statewide average; set and collected locally).
State Income Tax
No state income tax — rental income is not taxed at the state level.
State Capital Gains
No general income tax; the 7% capital gains tax exempts real estate.
Transfer Tax
Real estate transfer tax: REET graduated 1.1-3% (mansion-style).
Assessment Cap
No Proposition 13-style assessment cap; property is reassessed at market value.
Mansion Tax / Rent Control
Statewide rent control caps rent increases (HB 1217; 9.683% max for 2026); transfer tax is mansion-style.
US citizens & tax residents6
Primary-Home Exclusion
Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.
1031 Like-Kind Exchange
A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.
Depreciation Recapture
Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).
Mortgage Interest Deduction
Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).
Opportunity Zones
Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.
Rental Income (Resident)
Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.
Foreign buyers (non-residents)5
FIRPTA (Foreign Sellers)
FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.
Non-Resident Capital Gains
Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.
Non-Resident Rental Tax
Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).
Estate Tax (Non-Resident)
Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.
ITIN Requirement
Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.
Talk to a US real-estate tax advisor
FIRPTA, ITIN & Washington property-tax guidance for foreign buyers
Fairwood Greens Real Estate FAQ
Fairwood Greens, Mill Creek, Washington has a balanced but softer-return profile. Gross yield is 3.2, prices are in line with Mill Creek and about 35% above Washington, and values have fallen 1.1% over the past year. The Red Flag score is 52, with education in the 87th percentile.
Neighborhoods near Fairwood Greens
Compare Fairwood Greens with nearby neighborhoods in Mill Creek.
Unlock deeper insights on Fairwood Greens
Deeper data. Smarter decisions. Stronger returns.
Full Risk Reports
Tract-level hazards
Investment Score
AI-driven analysis
Export & Reports
PDF & Excel
Priority Support
Fast-track help