Listed by Skyline Properties, Inc., Bought with Matrix Real Estate, LLC
NOT LISTED FOR SALE

5408 228th St SW Mountlake Terrace, WA 98043

Town Center Neighborhood

Estimated Value: $555,000 - $635,000

2 Beds
1 Bath
1,092 Sq Ft
$553/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $320,000 $293 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,518/month

16 Days on Market

Highlights

  • Corner Lot
  • Property is Fully Fenced
  • 3-minute walk to City Light Park
  • Garden
  • Wall to Wall Carpet

About This Home

As of January 2018

Picture the Holidays in your new home! Large, corner lot in Mountlake Terrace close to I-5,Park & Ride & Future Light Rail Station.Perfect for a 1st time buyer, investor or downsizer. Your new home offers room for expansion & opportunity to personalize & make it your dream home. Fenced lot is flat & has room to garden,relax & play. The Rec Pavilion is steps away& offers great classes plus pool. Walkscrore 71. Come see all that Mountlake Terrace offers & be part of this growing community.No HOA

Last Agent to Sell the Property

Natalia von Somoff

Skyline Properties, Inc. License #49680 Listed on: 11/16/2017

Skyline Properties, Inc.

Last Buyer's Agent

Patricia Love

Matrix Real Estate, LLC License #10878

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1218737

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,068

Year Built

  • Built in 1952

Lot Details

  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Composition Roof

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Cable TV Available

Community Details

  • Mountlake Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 00521700200100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,068

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1092
  • Square Footage Finished: 1092

Exterior Features

  • Exterior: Cement/Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Sewer Connected
  • Water Heater: Kitchen-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mountlake Terrace

Schools

  • School District: ED

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 6970
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 00521700200100
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Dec 26, 2017
Sold by
Cote William F
Bought by
James Joshua S
Seller's Agent
Natalia von Somoff
Skyline Properties, Inc.
Buyer's Agent
Patricia Love
Matrix Real Estate, LLC
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%
Current Estimated Value
$604,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,315
Avg. Annual Appreciation
8.48%
Original Mortgage
$256,000
Outstanding Balance
$215,923
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$388,392
Source: Public Records

Range of Values:

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ICE

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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
James Joshua S $320,000 First Amer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Joshua S $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $320,000 -4.5% $293 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $335,000 -- $307 / 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 $4,068 $508,100 $428,300 $79,800
2024 $4,068 $504,700 $424,900 $79,800
2023 $3,849 $537,600 $449,100 $88,500
2022 $3,548 $407,600 $332,500 $75,100
2020 $3,324 $336,800 $270,800 $66,000
2019 $3,126 $318,400 $250,800 $67,600
2018 $144 $274,400 $213,800 $60,600
2017 $153 $234,200 $180,500 $53,700
2016 $146 $211,300 $159,600 $51,700
2015 $156 $179,200 $136,800 $42,400
2013 $170 $132,900 $107,000 $25,900
Source: Public Records

Agents Affiliated with this Home

  • Natalia von Somoff

    Seller's Agent in 2018

    Natalia von Somoff

    Skyline Properties, Inc

    (206) 979-0753

    31 Total Sales

    Natalia von Somoff
    Section Image
  • Patricia Love

    Buyer's Agent in 2018

    Patricia Love

    Matrix Real Estate, LLC

    (425) 445-0507

    21 Total Sales

    Patricia Love
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1218737

Northwest Multiple Listing Service (NWMLS)

APN: 005217-002-001-00

Washington Snohomish County Mountlake Terrace 98043 Town Center

5408 228th St SW, Mountlake Terrace, WA

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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