NOT LISTED FOR SALE

5001 240th Place SW Mountlake Terrace, WA 98043

Gateway Neighborhood

Estimated Value: $694,000 - $723,016

4 Beds
2 Baths
2,104 Sq Ft
$337/Sq Ft Est. Value

About This Home

This home is located at 5001 240th Place SW, Mountlake Terrace, WA 98043 and is currently estimated at $709,004, approximately $336 per square foot. 5001 240th Place SW is a home located in Snohomish County with nearby schools including Terrace Park Elementary School, Brier Terrace Middle School, and Mountlake Terrace High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2013
Sold by
Zerom Seare G and Tesfai Almaz H
Bought by
Zerom Seare G
Current Estimated Value
$709,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$80,902
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$628,102

Purchase Details

Closed on
Nov 20, 1995
Sold by
Adams Patricia A and Adams Barbara
Bought by
Zerom Seare G and Tesfai Almaz H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.51%

Purchase Details

Closed on
Nov 14, 1995
Sold by
Mcaleer Julie A
Bought by
Adams Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.51%

Purchase Details

Closed on
Nov 6, 1995
Sold by
Adams David A
Bought by
Adams Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.51%

Purchase Details

Closed on
Sep 11, 1995
Sold by
Bartlett Laurie A and Adams Laurie A
Bought by
Adams Patricia A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Zerom Seare G -- Service Link
Zerom Seare G $129,375 Transamerica Title Ins Compa
Adams Patricia A -- Stewart Title Company
Adams Patricia A -- Stewart Title Company
Adams Patricia A -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zerom Seare G $115,000
Closed Zerom Seare G $114,000
Source: Public Records

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 $5,591 $665,600 $452,000 $213,600
2024 $5,591 $693,500 $473,000 $220,500
2023 $5,308 $741,900 $483,000 $258,900
2022 $4,950 $569,100 $350,000 $219,100
2020 $4,709 $477,400 $285,000 $192,400
2019 $3,999 $407,600 $271,000 $136,600
2018 $3,912 $347,200 $225,000 $122,200
2017 $3,241 $303,000 $195,000 $108,000
2016 $2,836 $275,600 $172,000 $103,600
2015 $2,699 $246,000 $146,000 $100,000
2013 $2,363 $204,400 $116,000 $88,400
Source: Public Records

Map

Washington Snohomish County Mountlake Terrace 98043 Gateway

5001 240th Place SW, Mountlake Terrace, WA

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