NOT LISTED FOR SALE

22603 40th Place W Mountlake Terrace, WA 98043

Estimated Value: $763,000 - $918,961

5 Beds
3 Baths
2,639 Sq Ft
$325/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $798,000 $302 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,050/month

6 Days on Market

Highlights

  • Fruit Trees
  • Territorial View
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • 5-minute walk to Firefighter Memorial Park

About This Home

As of November 2021

This beautiful home is drenched in natural light, has 5 bedrooms, 3 baths, and its sits on a quiet street in sought after Mountlake Terrace neighborhood. The lower level can be Mother in Law, nanny's quarters, or so much more with its separate entrance, a bedroom, an office and a full kitchen. The backyard is huge, fully fenced for your furry friends, and overlooks a greenbelt. You can sit on your deck and sip your coffee while enjoying the serene 7400 sq foot oasis. Pride of ownership shines through in this home and it's close to everything!

Last Agent to Sell the Property

Christine Andreasen

eXp Realty License #89537 Listed on: 09/23/2021

eXp Realty

Last Buyer's Agent

Anthony Gladis

HomeSmart One Realty License #116311

HomeSmart One Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1843743

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,973

Year Built

  • Built in 1964

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is zoned RS7200

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Built-Up Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet

Community Details

  • Mountlake Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 00406600011500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,973

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors
  • Floor Covering: Hardwood, Laminate Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Bedrooms: 5.00
  • Lower Level Bedroom: 1
  • Bathrooms: 3.00
  • Total Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Lower
  • Dining Room: Upper
  • Living Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 2639
  • Square Footage Finished: 2639

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Built-Up
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, K
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Snohomish County PUD
  • Water Company: City of Mountlake Terrace
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mountlake Terrace
  • Project: Cedar Park Estates

Schools

  • Elementary School: Cedar Way Elem
  • Middle School: Brier Terrace Mid
  • High School: Mountlake Terrace Hi
  • School District: ED

Lot Info

  • Lot Number: 115
  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 7405
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 00406600011500
  • Zoning Code: RS7200
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 4768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 28, 2021
Sold by
Mamo Sara
Bought by
Popach Katerina and Serebour Kofi
Seller's Agent
Christine Andreasen
eXp Realty
Buyer's Agent
Anthony Gladis
HomeSmart One Realty
List Price
$798,000
Sold Price
$798,000
Total Days on Market
6
Current Estimated Value
$857,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,740
Avg. Annual Appreciation
2.37%
Original Mortgage
$758,100
Outstanding Balance
$700,255
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$167,416

Purchase Details

Closed on
Sep 20, 2000
Sold by
Haile Derege
Bought by
Mamo Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,200
Interest Rate
8.2%

Purchase Details

Closed on
Aug 29, 2000
Sold by
Anderson Shannon D and Anderson Tammy L
Bought by
Haile Derege and Mamo Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,200
Interest Rate
8.2%

Purchase Details

Closed on
Aug 28, 2000
Sold by
Darbe Genet
Bought by
Bezuenh Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,200
Interest Rate
8.2%

Purchase Details

Closed on
Aug 12, 1997
Sold by
Hak Hak and Hak Lynn S
Bought by
Anderson Shannon D and Anderson Tammy L
Source: Public Records

Similar Homes in Mountlake Terrace, WA

  • 3507 222nd St SW, Mountlake Terrace, WA 98043

    $849,000

    • 4 Beds
    • 2 Baths
    • 2,328 Sq Ft
    • 3507 222nd St SW
    • Mountlake Terrace, WA

    This charming split entry home features 4 bedrooms, 2 baths and an extra flex space making it a perfect blend of comfort and convenience. Featuring an updated kitchen and refreshed flooring, this home exudes warmth and style. The level backyard boasts a sports court and hot tub, making it an entertainer’s dream. A newer furnace and hot water tank ensure year-round efficiency, while the one-car

    Kristal Swenson John L. Scott Woodinville

    Section Image
  • 4407 229th Place SW, Mountlake Terrace, WA 98043

    $700,000

    • 3 Beds
    • 2 Baths
    • 1,313 Sq Ft
    • 4407 229th Place SW
    • Mountlake Terrace, WA

    With fresh landscaping, charming exterior & welcoming presence, this Mountlake Terrace home stands out the moment you arrive. Step into a light-filled, open-concept living space. The spacious kitchen features sleek quartz countertops, SS appliances & an effortless flow to the living room—perfect for hosting or cozy nights by the fireplace. Bonus room off the garage offering its own bath &

    Beau Breda Wilson Realty Exchange, Inc.

    Section Image
  • 22508 51st Ave W, Mountlake Terrace, WA 98043

    $805,000

    • 3 Beds
    • 2 Baths
    • 2,016 Sq Ft
    • 22508 51st Ave W
    • Mountlake Terrace, WA

    LOCATION LOCATION LOCATION!!! This 3-bedroom, 1.75-bathroom split-entry home is just minutes from I-5, walkable to schools, and close to all your everyday conveniences. The spacious great room is perfect for entertaining. The home also backs to a serene greenbelt, offering peace and privacy in a suburban setting. This is a perfect home for those looking to escape the busyness of the city

    Tor Patsiga Best Choice Realty LLC

    Section Image
  • 4311 238th Place SW, Mountlake Terrace, WA 98043

    $925,000

    • 3 Beds
    • 2.5 Baths
    • 2,971 Sq Ft
    • 4311 238th Place SW
    • Mountlake Terrace, WA

    Welcome to this unique, custom-built home—originally the first constructed in this quiet cul-de-sac of a desirable Mountlake Terrace neighborhood. Featuring a PRIVATE GREEN BELT, this home offers rare seclusion and a peaceful setting. Expansive windows invite natural light throughout the open-concept living, dining, and kitchen areas, creating a bright and airy atmosphere. French doors open to a

    Ilisapesi Tokomaata Best Choice Network LLC

    Section Image
  • 5207 230th St SW, Mountlake Terrace, WA 98043

    $869,950

    • 5 Beds
    • 2 Baths
    • 1,836 Sq Ft
    • 5207 230th St SW
    • Mountlake Terrace, WA

    Imagine waking to the gentle chorus of birds, sipping your morning coffee overlooking a lush greenbelt, and having instant access to miles of parks and walking trails. Home features 4 bed+office, 1 bath on main. Open-concept kitchen/living is a chef’s dream, stainless steel appliances, expansive quartz countertops, gas furnace/central AC. Ascend to the upper level to find a stunning master

    Simon Hatzey eXp Realty

    Section Image
  • 5003 219th St SW, Mountlake Terrace, WA 98043

    $725,000

    • 3 Beds
    • 2 Baths
    • 1,606 Sq Ft
    • 5003 219th St SW
    • Mountlake Terrace, WA

    You found your new home! This home is fully updated and ready for you to move in. This rambler sits on a large corner lot with a private, fully fenced back yard on a quiet street with great neighbors. Less than five minutes to I-5 and the Lynnwood light rail station. Inside you'll find fully updated kitchen with quartz countertops and updated bathrooms too. The extra large primary suite features

    Jeremy Kuhn Every Door Real Estate

    Section Image
  • 23702 48th Ave W, Mountlake Terrace, WA 98043

    $800,000

    • 4 Beds
    • 2 Baths
    • 1,428 Sq Ft
    • 23702 48th Ave W
    • Mountlake Terrace, WA

    Look no further!! Charming home features a beautiful park-like shy quarter acre! Features well-sized 4 bedrooms and 1.75 baths. Ample living spaces created with a Great room with large kitchen, slab granite island and SS/Blk appliances and includes Living room with cozy wood burning Fireplace. Home has updated plumbing, counters, vinyl windows, doors, baths, interior & exterior paint. 4th Bedroom

    Sheri Nickel Coldwell Banker Bain

    Section Image
  • 21602 49th Place W, Mountlake Terrace, WA 98043

    $950,000

    • 5 Beds
    • 3 Baths
    • 2,016 Sq Ft
    • 21602 49th Place W
    • Mountlake Terrace, WA

    Nothing like it on the market! Every inch of this modern remodel has been thoughtfully reimagined—and it shows! Starting w/ the custom covered front porch, flowing into a bright living room w/refinished hardwoods, quartz countertops, open-concept kitchen, SS appliances, and designer tiled bathrooms w/ on-trend brass + matte black fixtures. It even has a new roof! Soaked in sunshine and cooled by

    J. Richard Glass Pellego, Inc.

    Section Image
  • 21707 51st Ave W, Mountlake Terrace, WA 98043

    $640,000

    • 4 Beds
    • 2 Baths
    • 1,371 Sq Ft
    • 21707 51st Ave W
    • Mountlake Terrace, WA

    Originally built in 1953, this charming 1,371 sq.ft. rambler in Mountlake Terrace features 3 bedrooms and a 4th bonus room, 2 full baths and driveway parking. Nestled in a vibrant neighborhood, close to link rail station, and you'll enjoy the convenience of nearby shops, parks, and excellent schools. The property boasts a level front and back yard, perfect for gardening or outdoor activities.

    Paul Bichay Coldwell Banker Danforth

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Popach Katerina $798,000 Wfg Natl Ttl Co Of Wa Llc
Mamo Sara -- Chicago Title Insurance Co
Haile Derege $218,000 --
Bezuenh Tomas -- --
Anderson Shannon D $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popach Katerina $758,100
Previous Owner Mamo Sara $255,969
Previous Owner Mamo Sara $262,000
Previous Owner Mamo Sara $32,000
Previous Owner Haile Derege $196,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $798,000 0.0% $302 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $798,000 -- $302 / 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 $5,973 $719,200 $452,000 $267,200
2024 $5,973 $740,200 $473,000 $267,200
2023 $5,699 $796,700 $483,000 $313,700
2022 $5,353 $615,500 $350,000 $265,500
2020 $5,127 $519,900 $285,000 $234,900
2019 $4,860 $495,500 $271,000 $224,500
2018 $4,798 $425,900 $225,000 $200,900
2017 $4,061 $379,800 $195,000 $184,800
2016 $3,619 $351,800 $172,000 $179,800
2015 $3,374 $307,700 $146,000 $161,700
2013 $2,878 $249,100 $116,000 $133,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1843743

Northwest Multiple Listing Service (NWMLS)

APN: 004066-000-115-00