NOT LISTED FOR SALE

5602 238th St SW Unit A Mountlake Terrace, WA 98043

Gateway Neighborhood

Estimated Value: $685,997 - $717,000

2 Beds
2.5 Baths
1,513 Sq Ft
$463/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $670,000 $443 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,374/month

9 Days on Market

Highlights

  • New Construction
  • Deck
  • 1 Car Attached Garage
  • City View
  • No HOA
  • Patio

About This Home

As of February 2024

Last one available! Excellent location near new light rail, big garage, den/office/work from home space, great room, separate living room & large, comfortable bedrooms. EZ walkability to restaurants and the new MLT light rail station! Eat out, in or take out with a French bakery, Texas barbecue, Mazatlan Restaurant, Zeeks, Pagliacci Pizza, Bahn mi, Amorn Thai & more all nearby. Dick's is close and the food & movies at Cinebarre are too! All the PNW has to offer is in easy reach with the Burke Gilman & Interurban Trails, Lake Washington, Edmonds beach nearby & concerts,hockey, ballgames only a lightrail ride away. Energy efficient ductless mini-tech's keep you warm in the winter & cool in the summer! Time2buy, Last UNIT In The Community

Last Agent to Sell the Property

Leif Stenfjord

Windermere R.E. Shoreline License #1152 Listed on: 01/02/2024

Windermere R.E. Shoreline

Co-Listed By

Saihou Drammeh

Windermere R.E. Shoreline License #82875

Last Buyer's Agent

Devereux Riddell

COMPASS License #102301

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2188127

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,271

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 436 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Property is in very good condition

Parking

  • 1 Car Attached Garage

Property Views

  • City
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,513 Sq Ft Home
  • Multi-Level Property

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gustavson Townhomes Condos
  • Built by WGC Holdings, LLC
  • Mountlake Terrace Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,271

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 32 - Townhouse
  • Year Built: 2023
  • Buyer Agency Compensation: 3.5
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gustavson Townhomes
  • Unit Levels: Multi/Split
  • New Construction: Yes
  • CalculatedSquareFootage: 1513
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-03-01
  • NewConstruction: Completed
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2188127?w=Consumer&agent=86540
  • Special Features: NewHome
  • Cumulative Days on Market: 789

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Lower
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet, Bath Off Primary, High Tech Cabling
  • Living Area: 1513
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1513
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: WGC Holdings, LLC
  • Direction Faces: East
  • Exterior Features: Cement/Concrete, Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Townhouse

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: See Remarks
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Edmonds
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 01216500000100
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.01
  • Lot Size Sq Ft: 436
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: Unit A

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2022

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Jan 23, 2024
Sold by
Wgc Holdings Llc
Bought by
Gebreyesus Yemane and Kwok Yan Yee
Seller's Agent
Leif Stenfjord
Windermere R.E. Shoreline
Buyer's Agent
Devereux Riddell
COMPASS
List Price
$690,000
Sold Price
$670,000
Premium/Discount to List
-$20,000
-2.9%
Total Days on Market
9
Views
25
Current Estimated Value
$700,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,999
Avg. Annual Appreciation
3.54%
Original Mortgage
$536,000
Outstanding Balance
$529,117
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$171,882
Source: Public Records

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Range of Values:

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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
Gebreyesus Yemane $670,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebreyesus Yemane $536,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $670,000 -2.9% $443 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $690,000 -- $456 / 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 $5,271 $684,600 $405,000 $279,600
2024 $5,271 $654,400 $375,000 $279,400
2023 $3,614 $504,700 $405,000 $99,700
2022 $507 $58,400 $53,600 $4,800
Source: Public Records

Agents Affiliated with this Home

  • Leif Stenfjord

    Seller's Agent in 2024

    Leif Stenfjord

    Windermere Corporate

    (206) 512-6505

    6 in this area

    35 Total Sales

    Leif Stenfjord
    Section Image
  • Saihou Drammeh

    Seller Co-Listing Agent in 2024

    Saihou Drammeh

    Windermere Corporate

    (206) 291-4450

    6 in this area

    59 Total Sales

    Saihou Drammeh
    Section Image
  • Devereux Riddell

    Buyer's Agent in 2024

    Devereux Riddell

    COMPASS

    (206) 321-0775

    1 in this area

    178 Total Sales

    Devereux Riddell
    Section Image
  • Mark Williams

    Buyer Co-Listing Agent in 2024

    Mark Williams

    COMPASS

    (206) 355-0229

    1 in this area

    67 Total Sales

    Mark Williams
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2188127

Northwest Multiple Listing Service (NWMLS)

APN: 012165-000-001-00

Washington Snohomish County Mountlake Terrace 98043 Gateway

5602 238th St SW Unit A, Mountlake Terrace, WA

This home is located at 5602 238th St SW Unit A, Mountlake Terrace, WA 98043 since 02 January 2024 and is currently estimated at $700,999, approximately $463 per square foot. This property was built in 2023. 5602 238th St SW Unit A 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.

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