Listed by Windermere Real Estate/East, Bought with Summit Properties NW LLC
NOT LISTED FOR SALE

Estimated Value: $558,000 - $594,000

2 Beds
1 Bath
624 Sq Ft
$920/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $532,000 $853 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,394/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Burning Stove
  • No HOA
  • Fruit Trees
  • Territorial View
  • 2-minute walk to Terrace Ridge Park

About This Home

As of November 2023

A rare find: Turn-key yet affordable one-level living on a huge 7481 sq ft lot! This well-cared for home is just 2 blocks from the Lake Forest Park border & features a large kitchen w/ SS appliances, granite counters & plenty of cabinet space. The freshly painted white & bright interior includes a cozy gas fireplace, newer vinyl windows & LVP flooring. 2012 roof, rewired in 2014, & exterior paint completed in 2016. Enjoy the expansive fully-fenced yard w/ detached shop & electricity. Future DADU here? A quiet & peaceful neighborhood with easy accessibility to commutes, shops, restaurants & parks. Best of all, the future Mountlake Terrace Light Rail station is slated for 2024, making this an Investor worthy offering.

Last Agent to Sell the Property

Eva Croasdale

Windermere Real Estate/East License #123376 Listed on: 10/19/2023

Windermere Real Estate/East

Last Buyer's Agent

Nida Cayetano

Summit Properties NW LLC License #39098

Summit Properties NW LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2172682

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,864

Year Built

  • Built in 1942

Lot Details

  • 7,841 Sq Ft Lot
  • North Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Attached Carport
  • Driveway

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mountlake Terrace Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,864

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1942
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Gemmet's Park
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 624
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2172682?w=Consumer&agent=107481
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Double Pane/Storm Window, Dining Room, Fireplace, Water Heater
  • Living Area: 624
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 624
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove/Free Standing, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD / PSE
  • SewerCompany: Mountlake Terrace
  • WaterCompany: Mountlake Terrace
  • WaterHeaterLocation: Utility Closet
  • WaterHeaterType: Standard

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 00454700100500
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: County Records
  • MLSSquareFootageSource: County Records
  • LotNumber: 5

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3864

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Terrace Park Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 13, 2023
Sold by
Makowski Sara Elizabeth
Bought by
Magpoc Arlo Q
Seller's Agent
Eva Croasdale
Windermere Real Estate/East
Buyer's Agent
Nida Cayetano
Summit Properties NW LLC
List Price
$525,000
Sold Price
$532,000
Premium/Discount to List
$7,000
1.33%
Views
27
Current Estimated Value
$574,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,139
Avg. Annual Appreciation
1.77%
Original Mortgage
$478,800
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2012
Closed on
Jan 25, 2012
Sold by
8 Eighteen Holdings Llc
Bought by
Makowski Sara Elizabeth
Seller's Agent
Troy Anderson
eXp Realty
Buyer's Agent
Gregory Gillis
Keller Williams Realty Bothell
List Price
$147,500
Sold Price
$147,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%
Original Mortgage
$118,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2011
Sold by
Buchele Heather A
Bought by
8 Eighteen Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,035
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 5, 2011
Sold by
Redmond Funding Group Llc
Bought by
8Eighteen Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,035
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 23, 1997
Sold by
Slabaugh Erick W and Hodges Montessa
Bought by
Buchele Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,716
Interest Rate
8.13%
Mortgage Type
FHA
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
Magpoc Arlo Q $532,000 Chicago Title
Makowski Sara Elizabeth $147,780 Chicago Title
8 Eighteen Holdings Llc $81,538 First American
8Eighteen Holdings Llc -- First American
Buchele Heather A $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magpoc Arlo $488,500
Closed Magpoc Arlo Q $478,800
Previous Owner Makowski Sara Elizabeth $118,000
Previous Owner 8Eighteen Holdings Llc $64,035
Previous Owner Buchele Heather A $193,600
Previous Owner Buchele Heather A $192,000
Previous Owner Buchele Heather A $180,000
Previous Owner Buchele Heather A $165,000
Previous Owner Buchele Heather A $101,716
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $532,000 +1.3% $853 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $525,000 +255.9% $841 / Sq Ft
01/30/2012 01/30/12 Sold $147,500 0.0% $236 / Sq Ft
01/02/2012 01/02/12 Pending -- -- --
01/01/2012 01/01/12 For Sale $147,500 -- $236 / 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 $4,023 $495,600 $428,300 $67,300
2024 $4,023 $499,800 $433,200 $66,600
2023 $3,864 $539,700 $457,700 $82,000
2022 $3,619 $415,800 $346,300 $69,500
2020 $3,382 $342,600 $282,300 $60,300
2019 $3,266 $332,700 $261,900 $70,800
2018 $3,226 $286,200 $223,100 $63,100
2017 $2,646 $247,300 $188,200 $59,100
2016 $2,293 $222,700 $165,900 $56,800
2015 $2,043 $186,100 $142,600 $43,500
2013 $1,714 $148,200 $105,700 $42,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2172682

Northwest Multiple Listing Service (NWMLS)

APN: 004547-001-005-00