NOT LISTED FOR SALE

22207 38th Ave W Mountlake Terrace, WA 98043

Estimated Value: $618,000 - $765,000

3 Beds
1 Bath
1,449 Sq Ft
$493/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $250,000 $173 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $4,449/month

101 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Fireplaces
  • Detached Carport Space
  • Wood Flooring
  • Patio
  • Partially Fenced Property

About This Home

As of April 2016

This is a diamond in the rough due to former health and financial issues. See before pictures. Excellent opportunity for real sweat equity. This is perfect for a 203K loan. Garage is 1/2 shop and half garage. Brick patio and other nice finishes under the overgrown foliage. Price subject to bank approval. As Is sale. Back on market for 5 days per bank requirement. $11,000 judgement lien needs to be paid in cash at closing by buyer.

Last Agent to Sell the Property

Frank Young

Brier Realty, Inc. Listed on: 08/31/2015

Last Buyer's Agent

Tim Nabakowski

HomeSmart One Realty License #7583

HomeSmart One Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM840268

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,270

Year Built

  • Built in 1961

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Property is zoned RS7200

Parking

  • Detached Carport Space

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Mountlake Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 00386500301400

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,270

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1961
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1449
  • Square Footage Finished: 1449

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Power Company: PUD
  • Sewer: Sewer Connected
  • Sewer Company: City of MLT
  • Water Company: City of MLT
  • Water Heater: Closet-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mountlake Terrace

Schools

  • School District: ED

Lot Info

  • Lot Details: Curbs, Paved Street
  • Lot Sq Ft: 7840
  • Lot Topography Vegetation: Level
  • Parcel Number: 00386500301400
  • Zoning Code: RS7200
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 2897

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2015
Closed on
Apr 4, 2016
Sold by
Tremain Russell and Tremain Donna
Bought by
Spencer Kristina N and Becker Adam C
Seller's Agent
Frank Young
Brier Realty, Inc.
Buyer's Agent
Tim Nabakowski
HomeSmart One Realty
List Price
$279,000
Sold Price
$250,000
Premium/Discount to List
-$29,000
-10.39%
Total Days on Market
101
Current Estimated Value
$714,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,286
Avg. Annual Appreciation
11.85%
Original Mortgage
$262,061
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 1994
Sold by
Thompson David E and Thompson Patricia A
Bought by
Tremain Russell and Tremain Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,828
Interest Rate
8.7%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spencer Kristina N $250,000 Fidelity National Title
Tremain Russell $132,950 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Kristina N $125,000
Open Spencer Kristina N $338,700
Closed Spencer Kristina N $310,000
Closed Spencer Kristina N $293,250
Closed Spencer Kristina N $262,061
Previous Owner Tremain Russell $265,600
Previous Owner Tremain Russell $16,600
Previous Owner Tremain Russell P $265,600
Previous Owner Tremain Russell P $25,000
Previous Owner Tremain Russell P $208,000
Previous Owner Tremain Russell $130,828
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $250,000 -10.4% $173 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
12/03/2015 12/03/15 For Sale $279,000 0.0% $193 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $279,000 -- $193 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,270 $634,100 $443,000 $191,100
2024 $5,270 $654,000 $463,500 $190,500
2023 $4,971 $694,800 $473,300 $221,500
2022 $4,602 $529,000 $339,500 $189,500
2020 $4,375 $443,500 $276,500 $167,000
2019 $3,460 $352,500 $271,000 $81,500
2018 $3,369 $298,900 $225,000 $73,900
2017 $3,565 $333,300 $195,000 $138,300
2016 $3,141 $305,300 $172,000 $133,300
2015 $2,897 $264,100 $146,000 $118,100
2013 $2,506 $216,800 $116,000 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM840268

Northwest Multiple Listing Service (NWMLS)

APN: 003865-003-014-00