Seller's Agent in 2023
Joe Mustach
Windermere Corporate
(425) 996-9554
38 in this area
239 Total Sales
Listed by Windermere Real Estate/M2, LLC, Bought with COMPASS
4657 240th St SW Mountlake Terrace, WA 98043
Gateway NeighborhoodEstimated Value: $617,000 - $843,000
2
Beds
1
Bath
1,000
Sq Ft
$701/Sq Ft
Est. Value
Highlights
- New Construction
- Property is near public transit
- Vaulted Ceiling
- Deck
- Territorial View
- 1 Car Attached Garage
About This Home
As of February 2023Velorum is a gorgeous new community of cottage-style homes in Mountlake Terrace. Beautiful landscaping accents a lovely communal outdoor space. The Lotus Floor Plan features a 1,000 sqft home with 2 Bedrooms, and an incredible covered deck. This Carriage House provides a great Condo alternative. Open Great Room and big bright windows give a feeling of luxury in the main living area. The Kitchen has stunning quartz counters & stainless appliances. Also includes an attached 1-Car Garage with extra storage space. Nice location with tons of amazing restaurants and shops, plus great commuting options including a Light Rail station in less than 2 years! It is very rare to find a new construction home in this area for under $600,000 - don't wait!
Last Agent to Sell the Property
Windermere Real Estate/M2, LLC License #10020 Listed on: 11/18/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2018023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,000
Year Built
- Built in 2023 | New Construction
Lot Details
- 1,834 Sq Ft Lot
- Street terminates at a dead end
- West Facing Home
- Level Lot
- Sprinkler System
HOA Fees
- $131 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Poured Concrete
- Composition Roof
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Electric Fireplace
- Territorial Views
- Storm Windows
Kitchen
- Oven or Range
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Schools
- Terrace Park Sch Elementary School
- Brier Terrace Mid Middle School
- Mountlake Terrace Hi High School
Utilities
- Mini Split Air Conditioners
- Water Heater
- High Speed Internet
- High Tech Cabling
Additional Features
- Deck
- Property is near public transit
Community Details
- Landsverk Quality Homes, Inc Association
- Built by Landsverk Quality Homes, Inc
- Mountlake Terrace Subdivision
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 01214700000900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2022
Closed on
Feb 13, 2023
Sold by
Landsverk Quality Homes Inc
Bought by
Marion Christine
Seller's Agent
Joe Mustach
Windermere Real Estate/M2, LLC
Buyer's Agent
Michael Orbino
COMPASS
List Price
$589,950
Sold Price
$580,000
Premium/Discount to List
-$9,950
-1.69%
Views
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,021
Avg. Annual Appreciation
8.04%
Original Mortgage
$215,000
Outstanding Balance
$191,170
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$510,320
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marion Christine | $580,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marion Christine | $215,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2023 02/22/23 | Sold | $580,000 | -1.7% | $580 / Sq Ft |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- |
| 11/18/2022 11/18/22 | For Sale | $589,950 | -- | $590 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $5,570 | $658,400 | $380,000 | $278,400 |
| 2024 | $5,570 | $693,400 | $415,000 | $278,400 |
| 2023 | $3,467 | $484,100 | $425,000 | $59,100 |
| 2022 | $885 | $101,900 | $80,600 | $21,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Michael Orbino
COMPASS
(425) 269-3445
1 in this area
111 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2018023
APN: 012147-000-009-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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