NOT LISTED FOR SALE

6707 228th St SW Mountlake Terrace, WA 98043

Lake Ballinger Neighborhood

Estimated Value: $790,000 - $940,516

5 Beds
2 Baths
2,586 Sq Ft
$340/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $470,000 $182 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,170/month

16 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Wood Flooring
  • Edmonds Woodway High School Rated A-
  • Territorial View
  • 2 Fireplaces

About This Home

As of November 2019

Don't miss this one, 1st time on market in almost 50 years! This diamond in the rough has loads of potential, great opportunity for instant equity. New plumbing, newer roof and H2O heater. Spacious Family Room and large decks are great for entertaining. Set in a terrific neighborhood walking distance to Lake Ballinger and close proximity to both I-5 and Hwy 99. Comparable homes selling in high 600s +. THIS IS AN ESTATE SALE AND SELLER WILL MAKE NO REPAIRS. Price is set to sell home AS-IS.

Last Agent to Sell the Property

Jefferson Bush

HomeSmart ION Realty Group Listed on: 09/24/2019

Last Buyer's Agent

Steven Colony

RE/MAX Elite License #124507

RE/MAX Elite

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1521683

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,026

Year Built

  • Built in 1960

Lot Details

  • Corner Lot
  • Level Lot
  • Property is zoned RS7200

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Territorial Views
  • Washer
  • Finished Basement

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Garage
  • Attached Carport
  • RV Access or Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Sw Mountlake Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 00586100101000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,026

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Dining Room
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 3
  • Lower Level Bedroom: 2
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2586
  • Square Footage Finished: 2586

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Carport-Attached, Garage-Attached, Garage-Detached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Snohomish PUD
  • Sewer: Sewer Connected
  • Sewer Company: City of Mountlake Terrace
  • Water Company: City of Mountlake Terrace
  • Water Heater: Basement-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: SW Mountlake Terrace

Schools

  • Elementary School: Mountlake Terrace El
  • Middle School: Brier Terrace Mid
  • High School: Mountlake Terrace Hi
  • School District: ED

Lot Info

  • Lot Details: Corner Lot
  • Lot Sq Ft: 10019
  • Lot Topography Vegetation: Level
  • Parcel Number: 00586100101000
  • Zoning Code: RS7200
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 623

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 7, 2019
Sold by
Mund Vicky L and Estate Of Nancy J Carney
Bought by
Colehamer Philip Stelan and Colehamer Sue Jade
Seller's Agent
Jefferson Bush
HomeSmart ION Realty Group
Buyer's Agent
Steven Colony
RE/MAX Elite
List Price
$499,119
Sold Price
$470,000
Premium/Discount to List
-$29,119
-5.83%
Total Days on Market
16
Current Estimated Value
$879,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,629
Avg. Annual Appreciation
11.94%
Original Mortgage
$485,510
Outstanding Balance
$434,813
Interest Rate
3.65%
Mortgage Type
VA
Estimated Equity
$444,150
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
Colehamer Philip Stelan $470,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colehamer Philip Stelan $485,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $470,000 -2.0% $182 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $479,500 -3.9% $185 / Sq Ft
09/24/2019 09/24/19 For Sale $499,119 -- $193 / 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 $6,026 $733,300 $450,200 $283,100
2024 $6,026 $746,300 $454,100 $292,200
2023 $5,804 $811,400 $468,400 $343,000
2022 $5,277 $606,700 $317,700 $289,000
2020 $5,235 $530,800 $279,900 $250,900
2019 $623 $442,000 $260,100 $181,900
2018 $669 $386,100 $223,200 $162,900
2017 $1,785 $335,600 $191,700 $143,900
2016 $3,106 $301,900 $163,800 $138,100
2015 $1,552 $283,100 $148,500 $134,600
2013 $2,945 $254,900 $113,400 $141,500
Source: Public Records

Agents Affiliated with this Home

  • Jefferson Bush

    Seller's Agent in 2019

    Jefferson Bush

    HomeSmart ION Realty Group

    Section Image
  • Steven Colony

    Buyer's Agent in 2019

    Steven Colony

    Realty World Performance

    (425) 750-9199

    53 Total Sales

    Steven Colony
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1521683

Northwest Multiple Listing Service (NWMLS)

APN: 005861-001-010-00

Washington Snohomish County Mountlake Terrace 98043 Lake Ballinger

6707 228th St SW, Mountlake Terrace, WA

This home is located at 6707 228th St SW, Mountlake Terrace, WA 98043 since 24 September 2019 and is currently estimated at $879,629, approximately $340 per square foot. This property was built in 1960. 6707 228th St SW is a home located in Snohomish County with nearby schools including Westgate Elementary School, College Place Middle School, and Edmonds Woodway 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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