Attention investors, builders, and developers! Rare chance to scoop up a usable lot in a prime Mountlake Terrace location. Full teardown—no interior access. Value is in the land. Zoned RS7200 with utilities on site—perfect for a new build, duplex, or potential multi-unit (buyer to verify). Minutes to I-5, light rail, shopping, and more. Surrounded by growth and opportunity. Sold strictly AS-IS. No repairs or warranties. Bring your vision and build equity from the ground up!
Last Agent to Sell the Property
HomeSmart Real Estate Assoc License #6337 Listed on: 06/13/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2392625
Home Type
Est. Annual Taxes
Year Built
Parking
Home Design
Interior Spaces
Bedrooms and Bathrooms
Additional Features
Community Details
Listing and Financial Details
$525,000
Attention investors, builders, and developers! Rare chance to scoop up this fixer in a prime Mountlake Terrace location. Lots of potential here. One story home with detached building could be made in to a ADU, shop, studio, etc... Wood structure "not concrete blocks" Quiet street. Close to I-5, light rail, shopping. Surrounded by growth and opportunity. Sold AS-IS. No repairs or warranties.
Alex Kobzar Zonda Real Estate
$515,000
Welcome home to this move-in-ready 2-bedroom gem in Mountlake Terrace—an ideal condo alternative with the bonus of a spacious lot and no HOA! Recent updates include exterior paint, plush new carpet, and refreshed landscaping, making this home feel bright, clean, and inviting. Perfectly situated for commuters with quick access to I-5, I-405, Hwy 99, and the nearby light rail station. Located in
Ruby Manuel Redfin
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $457,000 | First American Title Insurance |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $461,000 | New Conventional | |
| Previous Owner | $108,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $525,000 | +14.9% | $364 / Sq Ft |
| 07/01/2025 07/01/25 | Sold | $457,000 | +17.2% | $316 / Sq Ft |
| 06/16/2025 06/16/25 | Pending | -- | -- | -- |
| 06/13/2025 06/13/25 | For Sale | $389,900 | -- | $270 / Sq Ft |
| 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 | $4,093 | $502,600 | $427,800 | $74,800 |
| 2024 | $4,093 | $502,700 | $427,800 | $74,900 |
| 2023 | $3,926 | $545,100 | $465,500 | $79,600 |
| 2022 | $3,707 | $423,200 | $354,800 | $68,400 |
| 2020 | $3,796 | $382,900 | $312,400 | $70,500 |
| 2019 | $3,391 | $345,500 | $275,500 | $70,000 |
| 2018 | $3,399 | $301,600 | $236,800 | $64,800 |
| 2017 | $2,823 | $263,900 | $208,300 | $55,600 |
| 2016 | $2,399 | $233,100 | $177,800 | $55,300 |
| 2015 | $2,367 | $215,700 | $157,600 | $58,100 |
| 2013 | $1,844 | $159,400 | $101,700 | $57,700 |
A
Seller's Agent in 2025
Alex Kobzar
Zonda Real Estate
(206) 660-1078
1 in this area
36 Total Sales
Seller's Agent in 2025
Angie Foy
HomeSmart Real Estate Associates
(206) 235-0678
1 in this area
10 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2392625
APN: 005222-000-022-00
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