Listed by Windermere Real Estate/M2, LLC, Bought with KW Greater Seattle
NOT LISTED FOR SALE

Estimated Value: $1,002,000 - $1,174,000

4 Beds
2.5 Baths
2,162 Sq Ft
$498/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $985,000 $456 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,517/month

7 Days on Market

Highlights

  • New Construction
  • Territorial View
  • 2 Car Detached Garage
  • Property is near public transit
  • Vaulted Ceiling
  • Storm Windows

About This Home

As of April 2023

This beautiful 4 Bedroom home is part of a gorgeous new community of cottage-style homes in Mountlake Terrace. Lush landscaping accents a lovely outdoor space with picnic tables, benches and walkways. The floor plan features 2,162 sqft with 4 Bedrooms and 2.5 Baths, including a fantastic main-level Primary Suite w/ huge walk-in closet. Soaring two-story ceilings in the Great Room give an incredible feeling of luxury in the main living area. Large windows create a bright atmosphere any time of day. The Kitchen has stunning quartz counters & top of the line stainless appliances. Nice location with tons of amazing restaurants and shops, plus great commuting options including a Light Rail station in less than 2 years!

Last Agent to Sell the Property

Joe Mustach

Windermere Real Estate/M2, LLC License #10020 Listed on: 03/21/2023

Windermere Real Estate/M2, LLC

Last Buyer's Agent

Karen Leitner

KW Greater Seattle License #112752

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2047087

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,858

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,024 Sq Ft Lot
  • Street terminates at a dead end
  • North Facing Home
  • Level Lot
  • Sprinkler System

HOA Fees

  • $131 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,162 Sq Ft Home
  • 2-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

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Schools

  • Terrace Park Sch Elementary School
  • Brier Terrace Mid Middle School
  • Mountlake Terrace Hi High School

Utilities

  • Ductless Heating Or Cooling System
  • Water Heater
  • High Speed Internet
  • High Tech Cabling

Additional Features

  • Patio
  • 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 4
  • Assessor Parcel Number 01214700000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,858

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$131 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2023
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Velorum
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 2162
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-02-28
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 851

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Sprinkler System, High Tech Cabling, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 2162
  • Main Level Bedrooms: 1
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2162
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Stove/Range
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Landsverk Quality Homes, Inc
  • Direction Faces: North
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame
  • BusRouteNumber: MLT FWS

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: Sno Co PUD
  • SewerCompany: City of MLT
  • WaterCompany: City of MLT
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 131
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: Landsverk Quality Homes, Inc

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 01214700000400
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.0465
  • Lot Size Sq Ft: 2024
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Electric Car Charging,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Builder
  • MLSSquareFootageSource: Builder
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 8858

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Terrace Park Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Apr 17, 2023
Sold by
Landsverk Quality Homes Inc
Bought by
Jha Aashish and Gautam Nivedita
Seller's Agent
Joe Mustach
Windermere Real Estate/M2, LLC
Buyer's Agent
Karen Leitner
KW Greater Seattle
List Price
$999,950
Sold Price
$985,000
Premium/Discount to List
-$14,950
-1.5%
Views
7
Current Estimated Value
$1,062,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,490
Avg. Annual Appreciation
3.96%
Original Mortgage
$935,750
Outstanding Balance
$912,243
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$164,319
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
Jha Aashish -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jha Aashish $935,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $985,000 -1.5% $456 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $999,950 -- $463 / 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 $7,161 $853,000 $397,000 $456,000
2024 $7,161 $891,000 $435,000 $456,000
2023 $4,855 $678,500 $445,000 $233,500
2022 $885 $101,900 $80,600 $21,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2047087

Northwest Multiple Listing Service (NWMLS)

APN: 012147-000-004-00