Listed by Skyline Properties, Inc., Bought with Pacific Ridge - DRH, LLC
NOT LISTED FOR SALE

5003 241st St SW Mountlake Terrace, WA 98043

Gateway Neighborhood

Estimated Value: $684,000 - $806,382

4 Beds
1 Bath
2,104 Sq Ft
$355/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $338,000 $161 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,425/month

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Corner Lot
  • Deck
  • 1 Fireplace
  • Attached Garage

About This Home

As of February 2016

Located on a large corner lot in a quiet neighborhood of good homes is this OPPORTUNITY for those not afraid to expend "ELBOW GREASE" and use some "HANDYMAN SKILLS". Great location close to Freeway exit to Seattle/Lynnwood. Home needs some cleanup and updating (i.e. Kitchen floor, range...) but the rooms are all completed. New roof less than 4 years ago. Gas forced Air heat and Hot Water tank, house has good bones & comfortable rooms. Looking for more space? This could be your chance.

Last Agent to Sell the Property

Dan Bovey

Skyline Properties, Inc. License #4331 Listed on: 01/06/2016

Skyline Properties, Inc.

Co-Listed By

Leonard Bluhm

Leonard Bluhm Realty

Last Buyer's Agent

Judee Sola

Pacific Ridge - DRH, LLC License #102585

Pacific Ridge - DRH, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM880222

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,310

Year Built

  • Built in 1961

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • 1 Fireplace
  • Deck
  • Cable TV Available

Community Details

  • Mountlake Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 00489400003200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,310

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s)
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 3
  • Lower Level Bedroom: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2104
  • Square Footage Finished: 2104

Exterior Features

  • Construction Methods: Double Wall, Standard Frame
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PUD
  • Sewer: Sewer Connected
  • Sewer Company: Alderwood Manor
  • Water Company: Alderwood Manor
  • Water Heater: Utility Room-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mountlake Terrace

Schools

  • School District: ED

Lot Info

  • Lot Number: 32
  • Lot Details: Corner Lot, Curbs, Paved Street
  • Lot Dimensions: IRREGULAR
  • Lot Sq Ft: 8276
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 00489400003200
  • Zoning Code: SFR
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 2724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2017
Sold by
Hansen Edgar and Man5bn Louise Varnb
Bought by
Hansen Erik C
Current Estimated Value
$730,744

Purchase Details

Listed on
Jan 6, 2016
Closed on
Feb 10, 2016
Sold by
Greb Dorothy G
Bought by
Hansen Edgar and Hansen Louise Varne
Seller's Agent
Dan Bovey
Skyline Properties, Inc.
Buyer's Agent
Judee Sola
Pacific Ridge - DRH, LLC
List Price
$305,000
Sold Price
$338,000
Premium/Discount to List
$33,000
10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$253,500
Outstanding Balance
$206,448
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$520,610
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
Hansen Erik C -- None Available
Hansen Edgar $338,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Edgar $253,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $338,000 +10.8% $161 / Sq Ft
01/06/2016 01/06/16 For Sale $305,000 -- $145 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
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 $5,310 $637,100 $452,000 $185,100
2024 $5,310 $658,100 $473,000 $185,100
2023 $4,845 $677,100 $483,000 $194,100
2022 $4,475 $514,300 $350,000 $164,300
2020 $4,248 $430,600 $285,000 $145,600
2019 $4,025 $410,200 $271,000 $139,200
2018 $3,938 $349,500 $225,000 $124,500
2017 $3,263 $305,100 $195,000 $110,100
2016 $2,856 $277,500 $172,000 $105,500
2015 -- $248,300 $146,000 $102,300
2013 $2,388 $206,600 $116,000 $90,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dan Bovey

    Skyline Properties, Inc

    (425) 353-6777

    16 Total Sales

    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Leonard Bluhm

    Leonard Bluhm Realty

  • Judee Sola

    Buyer's Agent in 2016

    Judee Sola

    Pacific Ridge - DRH, LLC

    (425) 286-9281

    350 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM880222

Northwest Multiple Listing Service (NWMLS)

APN: 004894-000-032-00

Washington Snohomish County Mountlake Terrace 98043 Gateway

5003 241st St SW, Mountlake Terrace, WA

This home is located at 5003 241st St SW, Mountlake Terrace, WA 98043 since 06 January 2016 and is currently estimated at $746,596, approximately $354 per square foot. This property was built in 1961. 5003 241st St 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.

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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