Listed by The Preview Group, Bought with Real Residential
NOT LISTED FOR SALE

4503 225th Place SW Mountlake Terrace, WA 98043

Estimated Value: $819,000 - $922,000

5 Beds
2 Baths
2,160 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $845,000 $391 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,100/month

15 Days on Market

Highlights

  • Craftsman Architecture
  • Deck
  • Wood Flooring
  • Fruit Trees
  • Property is near public transit
  • No HOA

About This Home

As of April 2022

This welcoming split level sits in on a huge lot, minutes from local schools, parks, freeways and Light-Rail. Recently updated light-filled open concept floor-plan. Dinning room French doors opens up to a huge entertaining deck that overlooks a lush lawn with matured fruit trees. Lower level could be turned into an income generating Mother-In-Law rental. Additional parking in driveway. A must see, move in ready.

Last Agent to Sell the Property

Kamal Gounder

The Preview Group License #52818 Listed on: 03/02/2022

The Preview Group

Last Buyer's Agent

Steve Snider

Real Residential License #93853

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1896051

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,561

Year Built

  • Built in 1962

Lot Details

  • 9,563 Sq Ft Lot
  • Lot Dimensions are 77'x 125'
  • Fruit Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Split Foyer
  • Planned Development
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,160 Sq Ft Home
  • Multi-Level Property
  • Gas Fireplace
  • French Doors
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

Location

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

Schools

  • Mountlake Terrace El Elementary School
  • Mountlake Terrace Hi High School

Additional Features

  • Deck
  • Water Heater

Community Details

  • No Home Owners Association
  • Mountlake Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / 000 D-00
  • Assessor Parcel Number 00616000002100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,561

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1962
  • Inclusions: Dishwasher,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: WOODLARK DIV B
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2160
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,013

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Forced Air, Hardwood, Laminate Hardwood, Wall to Wall Carpet, French Doors, Water Heater
  • Living Area: 2160
  • Bathrooms: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 2160
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Refrigerator
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: Ronald Wastewater
  • WaterCompany: Mountlake Terrace
  • WaterHeaterLocation: lower
  • WaterHeaterType: gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Residential

Schools

  • Junior High Dist: Edmonds
  • High School: Mountlake Terrace Hi
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00616000002100
  • Land Lease: No
  • Lot Size Acres: 0.2195
  • Lot Size: 77'x 125'
  • Lot Size Sq Ft: 9563
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: 9563
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 21

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4561

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Mountlake Terrace El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 7, 2022
Sold by
Kamlawanti Gounder
Bought by
Donovan Kyle Bruce and Donovan Janelle
Seller's Agent
Kamal Gounder
The Preview Group
Buyer's Agent
Steve Snider
Real Residential
List Price
$859,000
Sold Price
$845,000
Premium/Discount to List
-$14,000
-1.63%
Current Estimated Value
$854,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,352
Avg. Annual Appreciation
0.25%
Original Mortgage
$676,000
Outstanding Balance
$639,596
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$212,664

Purchase Details

Closed on
Jun 14, 2005
Sold by
Gounder Kamlawanti
Bought by
Gounder Kamlawanti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,113
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
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
Donovan Kyle Bruce $845,000 Old Republic Title
Gounder Kamlawanti $11,235 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Kyle Bruce $676,000
Previous Owner Gounder Kamlawanti $182,113
Previous Owner Gounder Kamlawanti $80,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $845,000 -1.6% $391 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $859,000 -- $398 / 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 $5,452 $657,600 $452,000 $205,600
2024 $5,452 $676,000 $473,000 $203,000
2023 $5,497 $768,400 $483,000 $285,400
2022 $5,146 $591,600 $350,000 $241,600
2020 $4,862 $492,900 $285,000 $207,900
2019 $607 $470,000 $271,000 $199,000
2018 $651 $403,100 $225,000 $178,100
2017 $698 $361,800 $195,000 $166,800
2016 $664 $332,000 $172,000 $160,000
2015 $696 $287,300 $146,000 $141,300
2013 $2,412 $208,700 $116,000 $92,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1896051

Northwest Multiple Listing Service (NWMLS)

APN: 006160-000-021-00