NOT LISTED FOR SALE

4008 227th Place SW Mountlake Terrace, WA 98043

Estimated Value: $781,000 - $847,000

3 Beds
2 Baths
1,764 Sq Ft
$460/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $645,025 $366 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,005/month

4 Days on Market

Highlights

  • 1 Fireplace
  • Patio
  • Level Lot
  • Attached Garage
  • Property is Fully Fenced
  • 5-minute walk to Firefighter Memorial Park

About This Home

As of January 2021

Thoughtfully designed and meticulously maintained 3-bed, 2-bath, 1764 sq ft rambler in the Cedar Park Estates neighborhood of Mountlake Terrace. Centrally located with nearby grocery, coffee shops, restaurants, parks, and bus lines. Generous open-concept floorplan offers plenty of room to relax; cook a favorite meal in your updated kitchen with large center island, curl up with a good book by the fireplace in the adjoining family room and retire at the end of the day to your expansive main suite with walk-in closet and five-piece bath - added in 2014. Living space opens to a private patio and fully-fenced backyard making it ideal for entertaining.

Last Agent to Sell the Property

Rose Johnson

eXp Realty License #26265 Listed on: 12/18/2020

eXp Realty

Last Buyer's Agent

Richard DeCoy

Skyline Properties, Inc. License #128193

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1698232

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,390

Year Built

  • Built in 1964

Lot Details

  • Property is Fully Fenced
  • Level Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outbuilding

Additional Features

  • 1 Fireplace
  • Cable TV Available

Community Details

  • Mountlake Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 00406600012600

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,390

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Walk-In Closet
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1764
  • Square Footage Finished: 1764

Exterior Features

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

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Snohomish PUD
  • Sewer: Sewer Connected
  • Sewer Company: City of Mountlake Terrace
  • Water Company: City of Mountlake Terrace
  • Water Heater: Garage-Electric
  • 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 Details: Paved Street, Sidewalk
  • Lot Sq Ft: 8276
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 00406600012600
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 4474

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 12, 2021
Sold by
Peterson Beverly J
Bought by
Merrill David D and Merrill Julie G
Seller's Agent
Rose Johnson
eXp Realty
Buyer's Agent
Richard DeCoy
Skyline Properties, Inc.
List Price
$599,950
Sold Price
$645,025
Premium/Discount to List
$45,075
7.51%
Total Days on Market
4
Current Estimated Value
$811,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,680
Avg. Annual Appreciation
5.31%
Original Mortgage
$545,025
Outstanding Balance
$491,974
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$316,134

Purchase Details

Closed on
Apr 25, 1998
Sold by
Peterson Robert Norman
Bought by
Peterson Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,950
Interest Rate
6.66%
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
Merrill David D $645,025 Chicago Title Company Of Wa
Peterson Beverly J -- Chicago Title Insurance Co
Peterson Beverly J $149,950 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill David D $85,000
Open Merrill David D $545,025
Previous Owner Peterson Beverly J $100,000
Previous Owner Peterson Beverly J $37,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $645,025 +7.5% $366 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $599,950 -- $340 / 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 $5,390 $653,800 $425,200 $228,600
2024 $5,390 $668,800 $440,400 $228,400
2023 $5,130 $717,000 $449,700 $267,300
2022 $4,675 $537,400 $305,600 $231,800
2020 $4,474 $453,500 $248,800 $204,700
2019 $5,004 $510,200 $271,000 $239,200
2018 $4,942 $438,700 $225,000 $213,700
2017 $4,226 $395,200 $195,000 $200,200
2016 $3,748 $364,400 $172,000 $192,400
2015 $3,483 $317,600 $146,000 $171,600
2013 $2,095 $181,200 $110,200 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1698232

Northwest Multiple Listing Service (NWMLS)

APN: 004066-000-126-00