Listed by RE/MAX Elite, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

5018 212th St SW Mountlake Terrace, WA 98043

Cascade View Neighborhood

Estimated Value: $535,000 - $613,000

2 Beds
1 Bath
816 Sq Ft
$700/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $535,000 $656 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,519/month

5 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Storm Windows
  • Territorial View
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of April 2024

First time on market in 50 years for this 2 bed/1 bath starter home or ideal rental! Newer roof & carpet, new hot water heater, fresh paint, new sewer line, updated plumbing - all that's left to do is move in. Tons of space for off-street parking with attached garage and long driveway. Fully fenced yard with low maintenance lawn and gardens. Great opportunity for a 1st time buyer or investors, one of the lowest price points for stand-alone home in the area. Big lot opens options for expansion/remodeling. Close to everything! Minutes from I-5 & 2024 MLT light rail! Easy access to Seattle, Bellevue, Everett, close to schools, parks, town center, restaurants, rec pavilion-pool center, transit center, shopping, etc! Pre-inspection attached.

Last Agent to Sell the Property

Vince Grant

RE/MAX Elite License #41821 Listed on: 03/21/2024

RE/MAX Elite

Co-Listed By

Cole Grant

RE/MAX Elite License #21030715

Last Buyer's Agent

Boney Mathew

John L. Scott, Inc License #26236

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2210793

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,723

Year Built

  • Built in 1952

Lot Details

  • 0.25 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Property is in good condition
  • Zoning described as RMM

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Territorial Views
  • Storm Windows
  • Stove

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

  • Mountlake Terrace El Elementary School
  • Brier Terrace Mid Middle School
  • Mountlake Terrace Hi High School

Utilities

  • Baseboard Heating
  • 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

$3,723

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1952
  • Buyer Agency Compensation: 3
  • Inclusions: Dryers,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cascade View
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 816
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2210793?w=Consumer&agent=51538
  • Special Features: None
  • Cumulative Days on Market: 470

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Double Pane/Storm Window, Fireplace, Water Heater
  • Living Area: 816
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 816
  • 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: Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Mountlake Terrace
  • WaterCompany: City of Mountlake Terrace
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

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: 27042800104900
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Zoning Description: RMM
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County
  • LotNumber: 49

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3723

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Mountlake Terrace El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 24, 2024
Sold by
Lorimor Richard A and Lorimor Diane
Bought by
Nair Renjini Ramadasan and Nair Ashok Gopala
Seller's Agent
Vince Grant
RE/MAX Elite
Buyer's Agent
Boney Mathew
John L. Scott, Inc
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
27
Current Estimated Value
$571,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,333
Avg. Annual Appreciation
7.50%
Original Mortgage
$401,200
Outstanding Balance
$397,651
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$189,247
Source: Public Records

Range of Values:

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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
Nair Renjini Ramadasan $535,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nair Renjini Ramadasan $401,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $535,000 +1.9% $656 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $525,000 -- $643 / 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 $4,362 $530,000 $477,400 $52,600
2024 $4,362 $541,700 $462,900 $78,800
2023 $3,723 $519,900 $447,600 $72,300
2022 $4,008 $460,600 $396,400 $64,200
2020 $4,164 $422,100 $389,200 $32,900
2019 $3,442 $350,700 $318,900 $31,800
2018 $2,791 $247,500 $217,000 $30,500
2017 $2,529 $236,300 $210,000 $26,300
2016 $2,197 $213,400 $185,300 $28,100
2015 -- $189,300 $142,500 $46,800
2013 -- $174,900 $129,500 $45,400
Source: Public Records

Agents Affiliated with this Home

  • Vince Grant

    Seller's Agent in 2024

    Vince Grant

    Realty World Performance

    (425) 483-4200

    2 in this area

    336 Total Sales

    Section Image
  • Cole Grant

    Seller Co-Listing Agent in 2024

    Cole Grant

    Realty World Performance

    (425) 308-5124

    1 in this area

    202 Total Sales

    Section Image
  • Boney Mathew

    Buyer's Agent in 2024

    Boney Mathew

    John L Scott

    (206) 724-5577

    1 in this area

    185 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2210793

Northwest Multiple Listing Service (NWMLS)

APN: 270428-001-049-00

Washington Snohomish County Mountlake Terrace 98036 Cascade View

5018 212th St SW, Mountlake Terrace, WA

This home is located at 5018 212th St SW, Mountlake Terrace, WA 98043 since 21 March 2024 and is currently estimated at $571,333, approximately $700 per square foot. This property was built in 1952. 5018 212th St 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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