Listed by COMPASS, Bought with Infiniti Real Estate & Dev
NOT LISTED FOR SALE

4101 225th Place SW Mountlake Terrace, WA 98043

Estimated Value: $676,000 - $806,000

3 Beds
2 Baths
1,246 Sq Ft
$607/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $555,000 $445 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,503/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Property is near public transit
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • Corner Lot

About This Home

As of May 2020

Welcome home to this newly remodeled immaculate 3 Bed/1.75 Bath rambler with timeless updates and modern open floor plan. Features include spacious living room, dining room, warm family room, gourmet style kitchen w/island & stainless-steel appliances, hardwood floors, beautiful tile work, oversized entertainment deck, fully fenced yard & 2 car garage. Close to schools, future light rail, I-5, & 60-acre Terrace Creek Park w/walking trails, pool, dog park, sports court, athletic field & pavilion.

Last Agent to Sell the Property

Stephen Macdonald

COMPASS License #25670 Listed on: 04/08/2020

COMPASS

Co-Listed By

Kathy Stewart

CW Realty Group License #86766

Last Buyer's Agent

Eva Otto

Infiniti Real Estate & Dev License #24664

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1585919

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,157

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Irrigation

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,246 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Cedar Way Elementary School
  • Brier Terrace Mid Middle School
  • Mountlake Terrace Hi High School

Utilities

  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • Mountlake Terrace Subdivision

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 00406600007300

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,157

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1964
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cedar Park Estates
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1246
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Water Heater
  • Living Area: 1246
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1246
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Snohomish County PUD
  • WaterCompany: City of Mountlake Terrace
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Schools

  • Junior High Dist: Edmonds
  • High School: Mountlake Terrace Hi
  • Middle Or Junior School: Brier Terrace Mid

Lot Info

  • Parcel Number: 00406600007300
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Irrigation,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • LotNumber: 73

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4157

MLS Schools

  • Elementary School: Cedar Way Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
May 6, 2020
Sold by
Payne Douglas and Payne Ji Hye
Bought by
Brassell Anne C and Brassell William H
Seller's Agent
Stephen Macdonald
COMPASS
Buyer's Agent
Eva Otto
Infiniti Real Estate & Dev
List Price
$515,000
Sold Price
$555,000
Premium/Discount to List
$40,000
7.77%
Current Estimated Value
$755,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,934
Avg. Annual Appreciation
5.84%
Original Mortgage
$426,400
Outstanding Balance
$379,258
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$376,676

Purchase Details

Closed on
Feb 29, 2020
Sold by
Keiser Kathryn
Bought by
Payne Douglas and Payne Ji Hye

Purchase Details

Closed on
Feb 6, 2018
Sold by
Payne Douglas and Payne Ji Heye
Bought by
Payne Douglas and Payne Ji Hye

Purchase Details

Closed on
Jan 23, 2017
Sold by
Payne Douglas F and Kim Ji Hye
Bought by
Payne Douglas F and Payne Ji Hye Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,900
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2014
Sold by
Claridge Sarah C and Ellis Sarah C
Bought by
Payne Douglas F and Kim Ji Hve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Ellis Sarah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,970
Interest Rate
4.26%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2010
Sold by
Hanson Travis J and Hanson Karlene J
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 15, 2006
Sold by
Schindler Shannon Dewyer
Bought by
Hanson Travis and Hanson Karlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 27, 2002
Sold by
Hoskins Joseph Bernard
Bought by
Dewyer Schindler Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,991
Interest Rate
6.16%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Brassell Anne C $555,000 Stewart
Payne Douglas -- None Available
Payne Douglas -- None Available
Payne Douglas F -- Nextitle
Payne Douglas F $270,000 Fidelity National Title
Ellis Sarah C $228,000 First American
Hsbc Bank Usa National Association $221,850 None Available
Hanson Travis $320,600 The Talon Group
Dewyer Schindler Shannon $181,800 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brassell Anne C $426,400
Previous Owner Payne Douglas F $262,900
Previous Owner Payne Douglas F $265,109
Previous Owner Ellis Sarah C $224,970
Previous Owner Hanson Travis $64,000
Previous Owner Hanson Travis $256,000
Previous Owner Dewyer Schindler Shannon $178,991
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2020 05/12/20 Sold $555,000 +7.8% $445 / Sq Ft
04/12/2020 04/12/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $515,000 -- $413 / 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 $5,892 $711,800 $452,000 $259,800
2024 $5,892 $732,800 $473,000 $259,800
2023 $5,324 $744,200 $483,000 $261,200
2022 $4,970 $571,400 $350,000 $221,400
2020 $4,260 $431,800 $276,500 $155,300
2019 $4,157 $423,700 $271,000 $152,700
2018 $4,070 $361,200 $225,000 $136,200
2017 $3,425 $320,200 $195,000 $125,200
2016 $3,025 $294,000 $172,000 $122,000
2015 $2,968 $270,600 $141,600 $129,000
2013 $2,330 $201,600 $112,500 $89,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1585919

Northwest Multiple Listing Service (NWMLS)

APN: 004066-000-073-00