Listed by HomeSmart Real Estate Assoc, Bought with Windermere RE Greenwood
NOT LISTED FOR SALE

5503 228th St SW Mountlake Terrace, WA 98043

Town Center Neighborhood

Estimated Value: $754,000 - $785,000

4 Beds
2 Baths
1,800 Sq Ft
$426/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $392,000 $218 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,443/month

4 Days on Market

Highlights

  • 2 Fireplaces
  • Patio
  • Ceramic Tile Flooring
  • Attached Garage
  • Disabled Access
  • 3-minute walk to City Light Park

About This Home

As of March 2016

Beautifully maintained classic rambler! Home w/unique layout & great flow to floor plan. 1800 SF ramblers are hard to find these days. 3 bedrooms w/home office, 2 full bath & spacious laundry. Some features of home are original and w/a little updating this home will be amazing. New carpet/paint 2016. Potential for home office w/separate entrance in back. All rooms are good size. Open and Bright Kitchen with tons of cabinets and use of space. Large, private back yard oasis. Great location!

Last Agent to Sell the Property

Leslie Goulden

HomeSmart Real Estate Assoc License #17173 Listed on: 01/27/2016

HomeSmart Real Estate Assoc

Last Buyer's Agent

Suzanne Spano

Windermere RE Greenwood License #43237

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM885846

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1952

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Garden
  • Property is zoned RS7200

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Additional Features

  • 2 Fireplaces
  • Disabled Access

Community Details

  • Mountlake Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 005234001037

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,973

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
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Disabled Access, Skylights
  • Floor Covering: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1800
  • Square Footage Finished: 1800

Exterior Features

  • 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: MtlkTerrace Utilities
  • Water Company: MtlkTerrace Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mountlake Terrace

Schools

  • School District: ED

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 68X138X69X142
  • Lot Sq Ft: 9147
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 005234001037
  • Zoning Code: RS7200
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 3041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
Mar 1, 2016
Sold by
Lawson Carol J
Bought by
Underbrink Evan A and Underbrink Kinsey N
Seller's Agent
Leslie Goulden
HomeSmart Real Estate Assoc
Buyer's Agent
Suzanne Spano
Windermere RE Greenwood
List Price
$350,000
Sold Price
$392,000
Premium/Discount to List
$42,000
12%
Current Estimated Value
$765,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,996
Avg. Annual Appreciation
7.17%
Original Mortgage
$384,120
Outstanding Balance
$305,636
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$460,360
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
Underbrink Evan A $396,000 Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Underbrink Evan A $384,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2016 03/08/16 Sold $392,000 +12.0% $218 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $350,000 -- $194 / 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 $4,973 $634,400 $450,800 $183,600
2024 $4,973 $616,200 $432,600 $183,600
2023 $4,886 $682,800 $456,900 $225,900
2022 $4,707 $541,100 $349,600 $191,500
2020 $4,453 $451,400 $285,000 $166,400
2019 $4,261 $434,300 $264,100 $170,200
2018 $4,249 $377,100 $225,200 $151,900
2017 $3,844 $359,500 $190,000 $169,500
2016 $3,395 $330,000 $167,200 $162,800
2015 $3,041 $277,300 $144,400 $132,900
2013 $2,194 $189,800 $101,700 $88,100
Source: Public Records

Agents Affiliated with this Home

  • Leslie Goulden

    Seller's Agent in 2016

    Leslie Goulden

    HomeSmart Real Estate Associates

    (425) 503-8862

    43 Total Sales

    Leslie Goulden
    Section Image
  • Suzanne Spano

    Buyer's Agent in 2016

    Suzanne Spano

    Windermere Corporate

    (206) 718-8855

    23 Total Sales

    Suzanne Spano
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM885846

Northwest Multiple Listing Service (NWMLS)

APN: 005234-001-037-00

Washington Snohomish County Mountlake Terrace 98043 Town Center

5503 228th St SW, Mountlake Terrace, WA

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Based on information submitted to the MLS GRID

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