NOT LISTED FOR SALE

3705 225th Place SW Mountlake Terrace, WA 98043

Estimated Value: $787,000 - $826,000

4 Beds
1 Bath
2,016 Sq Ft
$397/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $625,000 $310 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,708/month

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • 2 Fireplaces
  • Deck
  • Wood Flooring
  • Attached Carport

About This Home

As of June 2021

Charming split level home on a large lot with fenced backyard. Close to parks, schools and a casual walk to Cedar Plaza shopping center(QFC, Bartells, ACE Hardware, Starbucks). 3 bedrooms and 1 full bath upstairs. Bedroom/Den , Large family/rec room and laundry room downstairs. 2 car carport plus off street parking. Easy access to I-5 and future light rail station. Seller to provide one year home warranty policy. Don't miss out on the opportunity to make this house your home today.

Last Agent to Sell the Property

Chuck Easter

Coldwell Banker Bain License #118937 Listed on: 04/28/2021

Coldwell Banker Bain

Last Buyer's Agent

Scott Nicholson

Keller Williams Rlty Bellevue License #109205

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1756763

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,591

Year Built

  • Built in 1963

Lot Details

  • Property is Fully Fenced
  • Property is zoned RS7200

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Carport
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mountlake Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 00371800200700

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,591

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: French Doors
  • Floor Covering: Concrete, Hardwood, Vinyl
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 3
  • Lower Level Bedroom: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Family Room: Lower
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2016
  • Square Footage Finished: 2016

Exterior Features

  • Exterior: Wood
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Type: Carport-Attached, K
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: 90%+ High Efficiency
  • Sewer: Sewer Connected
  • Water Heater: Down stairs Bathroom Closet-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mountlake Terrace
  • Project: Albert Balchs Cedar Grove 3

Schools

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

Lot Info

  • Lot Number: 7
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 60x145x80x115
  • Lot Sq Ft: 8712
  • Parcel Number: 00371800200700
  • Zoning Code: RS7200
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 4212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 24, 2021
Sold by
Velten Paul E and Velten Deanna L
Bought by
Burkland Sophie
Seller's Agent
Chuck Easter
Coldwell Banker Bain
Buyer's Agent
Scott Nicholson
Keller Williams Rlty Bellevue
List Price
$579,500
Sold Price
$625,000
Premium/Discount to List
$45,500
7.85%
Current Estimated Value
$800,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,071
Avg. Annual Appreciation
5.83%
Original Mortgage
$312,506
Outstanding Balance
$285,998
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$512,719

Purchase Details

Closed on
Nov 22, 1993
Sold by
Bryant Jay Michael and Bryant Debra A
Bought by
Velten Paul E and Velten Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,637
Interest Rate
6.74%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Burkland Sophie $625,000 Rainier Title
Velten Paul E $135,900 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkland Sophie $312,506
Previous Owner Velten Paul E $139,637
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $625,000 +7.9% $310 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $579,500 -- $287 / 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 $5,591 $672,200 $452,000 $220,200
2024 $5,591 $693,200 $473,000 $220,200
2023 $5,305 $741,500 $483,000 $258,500
2022 $4,442 $510,600 $350,000 $160,600
2020 $4,212 $426,900 $285,000 $141,900
2019 $3,977 $405,300 $271,000 $134,300
2018 $3,890 $345,200 $225,000 $120,200
2017 $3,244 $303,300 $195,000 $108,300
2016 $2,839 $275,900 $172,000 $103,900
2015 $2,701 $246,200 $146,000 $100,200
2013 $2,132 $184,400 $116,000 $68,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1756763

Northwest Multiple Listing Service (NWMLS)

APN: 003718-002-007-00