NOT LISTED FOR SALE

5602 232nd St SW Mountlake Terrace, WA 98043

Town Center Neighborhood

Estimated Value: $4,185,285

-- Bed
-- Bath
18,000 Sq Ft
$233/Sq Ft Est. Value

About This Home

This home is located at 5602 232nd St SW, Mountlake Terrace, WA 98043 and is currently estimated at $4,185,285, approximately $232 per square foot. 5602 232nd St SW is a home located in Snohomish County with nearby schools including Terrace Park Elementary School, Brier Terrace Middle School, and Mountlake Terrace High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2011
Sold by
Seattle Washington Korean Association
Bought by
West Plaza Llc
Current Estimated Value
$4,185,285

Purchase Details

Closed on
Jun 5, 2007
Sold by
Davis Richard J
Bought by
Seattle Washington Korean Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2002
Sold by
Calvary Fellowship Of Seattle
Bought by
Davis Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.6%
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

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.

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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
West Plaza Llc -- Chicago Title
Seattle Washington Korean Assn $1,950,000 Stewart
Davis Richard J $1,300,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seattle Washington Korean Assn $1,250,000
Previous Owner Davis Richard J $900,000
Closed Davis Richard J $500,000
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 $30,867 $3,699,300 $1,958,800 $1,740,500
2024 $30,867 $3,809,700 $1,998,800 $1,810,900
2023 $24,886 $3,483,600 $1,883,800 $1,599,800
2022 $23,344 $2,687,000 $1,507,000 $1,180,000
2020 $23,560 $2,391,800 $1,404,100 $987,700
2019 $20,291 $2,070,900 $1,176,100 $894,800
2018 $22,877 $2,032,700 $1,068,200 $964,500
2017 $20,929 $1,959,200 $1,004,300 $954,900
2016 $19,627 $1,910,200 $956,700 $953,500
2015 $19,214 $1,754,300 $829,300 $925,000
2013 $17,306 $1,500,000 $1,073,100 $426,900
Source: Public Records

Map

Washington Snohomish County Mountlake Terrace 98043 Town Center

5602 232nd St SW, Mountlake Terrace, WA

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