NOT LISTED FOR SALE

4907 216th Place SW Mountlake Terrace, WA 98043

Cascade View Neighborhood

Estimated Value: $931,000

0.6 Acre
$1,551,667 Price per Acre
26,136 Sq Ft Lot

Last Sold October 03, 2016

Last sale price $600,000 $354 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,073/month

98 Days on Market

About This Lot

As of October 2016

This property is located in the City of Mountlake Terrace surrounded by single residential houses/Townhouses. Existing house is in v.good shape with 1800 sqft rented for $1710/month but Value is on the Land. Initial meeting with City of Mountlake Terrace was done potentially 5 single residential houses OR up to 12 Town houses can be built buyer to verify.

Last Agent to Sell the Property

Zerai Mahangel

AgencyOne License #13548 Listed on: 05/10/2016

AgencyOne

Last Buyer's Agent

Zerai Mahangel

AgencyOne License #13548 Listed on: 05/10/2016

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM940229

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,386

Lot Details

  • Corner Lot
  • Level Lot

Community Details

  • Mountlake Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 00471500000701

Property Details

Property Type

Land

Est. Annual Taxes

$3,386

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: South & West
  • Water Jurisdiction: City of Mountlake Terrace

Utilities

  • Electricity: On Property
  • Gas Available: On Property
  • Sewer: On Property
  • Water: Available, On Property

Condo/Co-op/Association

  • Community Name: Mountlake Terrace

Schools

  • School District: ED

Lot Info

  • Lot Number: 7
  • General Zoning Classification: Multi-Family, Residential
  • Improvements: Cable Tv Available, Fenced-Fully, Shop
  • Lot Details: Corner Lot, Paved Street
  • Lot Sq Ft: 26136
  • Parcel Number: 00471500000701
  • Topography: Level, Rolling
  • Zoning Jurisdiction: County
  • Zoning Remarks: RMM

Tax Info

  • Tax Amount: 2660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Huali Development Llc
Bought by
Landsverk Quality Homes Inc
Current Estimated Value
$931,000

Purchase Details

Closed on
Oct 10, 2017
Sold by
Jas Group Llc
Bought by
Huali Development Llc

Purchase Details

Listed on
May 10, 2016
Closed on
Sep 27, 2016
Sold by
Mahangel Zerai and Ogbazghi Zaid
Bought by
Jas Group Llc
Seller's Agent
Zerai Mahangel
AgencyOne
Buyer's Agent
Zerai Mahangel
AgencyOne
List Price
$649,990
Sold Price
$600,000
Premium/Discount to List
-$49,990
-7.69%

Purchase Details

Closed on
Jul 14, 2005
Sold by
Puttmann Douglas and Puttmann Sandra E
Bought by
Mahangel Zerai and Ogbazght Zaid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Landsverk Quality Homes Inc $970,831 Chicago Title
Huali Development Llc -- None Available
Jas Group Llc $600,000 Rainier Title Llc
Mahangel Zerai $399,000 Lawyers Title Agency Of Wash
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landsverk Quality Homes Inc $4,592,000
Previous Owner Mahangel Zerai $319,200
Previous Owner Puttman Douglas C $94,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $600,000 -7.7% $354 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $649,990 -- $383 / 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
2020 $3,386 $343,000 $343,000 $0
2019 $3,824 $389,700 $317,300 $72,400
2018 $3,807 $337,800 $270,800 $67,000
2017 $2,661 $286,500 $229,000 $57,500
2016 $2,661 $258,600 $201,400 $57,200
2015 $2,791 $254,400 $193,800 $60,600
2013 $2,516 $217,700 $140,000 $77,700
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2016

    Zerai Mahangel

    AgencyOne Realty

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM940229

Northwest Multiple Listing Service (NWMLS)

APN: 004715-000-007-01

Washington Snohomish County Mountlake Terrace 98043 Cascade View

4907 216th Place SW, Mountlake Terrace, WA

This home is located at 4907 216th Place SW, Mountlake Terrace, WA 98043 since 10 May 2016 and is currently priced at $931,000, approximately $548 per square foot. 4907 216th Place SW is a home located in Snohomish County with nearby schools including Mountlake Terrace Elementary School, Brier Terrace Middle School, and Mountlake Terrace High School.

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.

Northwest Multiple Listing Service (NWMLS) 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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