Listed by Da Li International Realty LLC
$1,299,500

5030 212th St SW Mountlake Terrace, WA 98043

Cascade View Neighborhood

Estimated payment $8,493/month

Total Views 4,778
8 Beds
4 Baths
3,648 Sq Ft
$356 Price per Sq Ft

Highlights

  • Deck
  • Ceramic Tile Flooring
  • Baseboard Heating
  • Open Space

About This Home

Beautifully maintained 4-Plex in "The Village," offering a prime location just minutes from I-5, I-405, and shopping! New roof in 2024! Interior updates include kitchen cabinet, countertops and flooring. Each spacious 2BR/1BA unit features an in-unit washer and dryer. Long-term tenants provide stable income with potential future rent increases. The property includes 4 assigned parking spaces and 4 unassigned spaces. HOA dues cover common area maintenance, landscaping, insurance, garbage, and an on-site manager. Do not miss out on this incredible investment opportunity! Please do not disturb tenants.

Listing Agent

Joyce Liu

Da Li International Realty LLC License #101715

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2340239

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,750

Year Built

  • Built in 1969

Lot Details

  • 9,148 Sq Ft Lot
  • Open Space
  • Street terminates at a dead end
  • Property is in good condition

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • Mountlake Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27042800110600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,750

Year Built

Built in 1969

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3648
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 8100

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 525
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Multi-Family

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 27042800110600
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: SCR
  • MLSSquareFootageSource: SCR
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.15
  • LeasedItems: None
  • TotalMonthlyIncome: 7150

Multi Family

  • Gross Scheduled Income: 85800
  • Net Operating Income: 55220
  • Number Of Units Total: 4
  • Insurance Expense: 2000
  • Leasable Area: 3648
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8750

Map

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $8,840 $1,086,200 $448,600 $637,600
2024 $8,840 $1,100,500 $433,600 $666,900
2023 $7,230 $1,011,100 $419,400 $591,700
2022 $9,084 $1,045,000 $372,000 $673,000
2020 $8,585 $871,000 $362,800 $508,200
2019 $8,058 $822,000 $297,300 $524,700
2018 $8,051 $715,000 $195,000 $520,000
2017 $5,772 $540,000 $195,000 $345,000
2016 $3,816 $371,000 $176,200 $194,800
2015 $3,837 $350,000 $138,500 $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 For Sale $1,299,500 -- $356 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $710,000 Fidelity Natl Title Co Wa In
Interfamily Deed Transfer -- Fidelity Natl Title Co Wa In
Warranty Deed -- Fidelity Na Tional Title
Warranty Deed $530,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $426,000 Adjustable Rate Mortgage/ARM
Previous Owner $260,000 Future Advance Clause Open End Mortgage
Previous Owner $477,000 Unknown
Previous Owner $393,750 Credit Line Revolving
Source: Public Records

Similar Home in the area

  • 8912 229th Place SW Unit A & B, Edmonds, WA 98026

    $1,499,950

    • 7 Beds
    • 5 Baths
    • 3,287 Sq Ft
    • 8912 229th Place SW
    • Unit A & B
    • Edmonds, WA

    Unique opportunity in Edmonds! Exceptional property featuring 2 separate structures w/endless possibilities—live in one & rent the other, keep both as income-producing rentals, or create the perfect multi-generational living setup. Structure A is a spacious 2091 sqft home w/5 beds & 3 baths. It boasts beautiful hardwoods, a cozy gas FP & a remodeled kitchen w/an eating nook & French doors that

    Sam Mansour John L. Scott, Inc.

    Section Image
See All Homes in Mountlake Terrace

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2340239

Northwest Multiple Listing Service (NWMLS)

APN: 270428-001-106-00

Washington Snohomish County Mountlake Terrace 98036 Cascade View

5030 212th St SW, Mountlake Terrace, WA

Homes for Sale in Mountlake Terrace, WA

This home is located at 5030 212th St SW, Mountlake Terrace, WA 98043 and is currently priced at $1,299,500, approximately $356 per square foot. This property was built in 1969. 5030 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) 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. ©2025 NWMLS.

Listing Agent
Joyce Liu
Section Image
Da Li International Realty LLC
(425) 800-5171