NOT LISTED FOR SALE

5504 240th St SW Unit B2 Mountlake Terrace, WA 98043

Gateway Neighborhood

Estimated Value: $611,000 - $747,000

3 Beds
3 Baths
1,554 Sq Ft
$440/Sq Ft Est. Value

About This Home

This home is located at 5504 240th St SW Unit B2, Mountlake Terrace, WA 98043 and is currently estimated at $683,503, approximately $439 per square foot. 5504 240th St SW Unit B2 is a home located in Snohomish County with nearby schools including Mountlake Terrace Elementary School, Brier Terrace Middle School, and Mountlake Terrace High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2007
Sold by
Spicka Martin M and Reid Philip A
Bought by
Legesse Esayas Tilahun and Abbay Frehiwet Z
Current Estimated Value
$685,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,500
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2002
Sold by
Cnss Inc
Bought by
Spicka Martin M and Reid Philip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,452
Interest Rate
5.12%
Source: Public Records

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.

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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.

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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.

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Quantarium

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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
Legesse Esayas Tilahun $365,000 Pacific Northwest Title Comp
Spicka Martin M $229,950 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legesse Esayas Tilahun $297,700
Closed Legesse Esayas Tilahun $36,500
Closed Legesse Esayas Tilahun $292,000
Closed Legesse Esayas Tilahun $36,500
Previous Owner Spicka Martin M $30,000
Previous Owner Spicka Martin M $205,500
Previous Owner Spicka Martin M $218,452
Source: Public Records

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 $5,300 $630,500 $93,500 $537,000
2024 $5,300 $657,000 $88,000 $569,000
2023 $3,855 $538,500 $76,500 $462,000
2022 $3,873 $445,000 $65,000 $380,000
2020 $4,144 $420,000 $109,000 $311,000
2019 $3,533 $360,000 $109,000 $251,000
2018 $3,269 $290,000 $40,500 $249,500
2017 $3,049 $285,000 $40,500 $244,500
2016 $2,727 $265,000 $37,500 $227,500
2015 $1,921 $175,000 $33,500 $141,500
2013 $1,799 $155,500 $33,500 $122,000
Source: Public Records

Map

Washington Snohomish County Mountlake Terrace 98043 Gateway

5504 240th St SW Unit B2, Mountlake Terrace, WA

This home is located at 5504 240th St SW Unit B2, Mountlake Terrace, WA 98043 and is currently estimated at $683,503, approximately $439 per square foot. 5504 240th St SW Unit B2 is a home located in Snohomish County with nearby schools including Mountlake Terrace Elementary School, Brier Terrace Middle School, and Mountlake Terrace High School.

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