Listed by CENTURY 21 Real Estate Center, Bought with The Preview Group
$785,000
SOLD OCT 31, 2024

7311 228th St SW Mountlake Terrace, WA 98043

Lake Ballinger Neighborhood
5 Beds
2 Baths
2,589 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$303 Per Sq Ft

7% Below List Price

60 Days on Market

Highlights

  • Second Kitchen
  • RV Access or Parking
  • Property is near public transit
  • Edmonds Woodway High School Rated A-
  • Contemporary Architecture
  • Territorial View

About This Home

As of October 2024

Rare single family home, 5 bedrooms, 2 baths, Mid Entry with permitted ADU, 2589 Sq Ft, 7,405 sq ft lot, 2 kitchens, 2 laundries, fireplace with huge fully fenced backyard w/ garden space. New Exterior paint.Commuters paradise with Bus stop right outside of property, closed to Park & Ride & new light rail, less than 20 minutes to Downtown Seattle. Perfect investment property, both levels are currently rented. Tenants are on month-to-month, but won't mind staying if allowed to do so by new owner(s)? Priced to sell, a rare find in today's market w/ great future expansion potentials. 2 driveway parkings, one of which is perfect for RV/boat with ample street parkings. Closed to schools, freeways, golf course, shopping with Easy freeway access.

Last Agent to Sell the Property

Basiru Kanyi

CENTURY 21 Real Estate Center License #24060

CENTURY 21 Real Estate Center

Last Buyer's Agent

Brent Madche

The Preview Group License #88857

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2275246

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,073

Year Built

  • Built in 1962

Lot Details

  • 7,405 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Property is in good condition
  • Zoning described as RS 7200

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,589 Sq Ft Home
  • Multi-Level Property
  • Wood Burning Fireplace
  • Dining Room
  • Territorial Views

Kitchen

  • Second Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Westgate Elemwg Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lake Ballinger Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,073

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1962
  • Buyer Agency Compensation: 2.25
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Lake Ballinger Homes 2
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2589
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: Thank you.
  • AccessoryDwellingUnit: Attached Dwelling
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2275246?w=Consumer&agent=56038
  • Special Features: None
  • Cumulative Days on Market: 239

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Washer(s)
  • Full Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Lower,Split
  • Fireplace Features: Wood Burning
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Second Kitchen, Dining Room, Laminate Hardwood, Wall to Wall Carpet
  • Living Area: 2589
  • Bathrooms: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 2589
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s)
  • NWM_NumberOfBathtubs: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, RV Parking

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City of Mountlake Terrace
  • WaterCompany: City of Mountlake Terrace

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Edmonds
  • High School: Edmonds Woodway High
  • Middle Or Junior School: College Pl Mid

Lot Info

  • Parcel Number: 00488300001400
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.17
  • Lot Size: 7405
  • Lot Size Sq Ft: 7405
  • Zoning Description: RS 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 14

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5073

Multi Family

  • Total Actual Rent: 4000
  • EnergySource: Electric

MLS Schools

  • Elementary School: Westgate ElemWg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Oct 23, 2024
Sold by
Sekhon Taranjit Singh and Sekhon Kamaljit Kaur
Bought by
Ogorodnik Marcelo
Seller's Agent
Basiru Kanyi
CENTURY 21 Real Estate Center
Buyer's Agent
Brent Madche
The Preview Group
List Price
$839,900
Sold Price
$785,000
Premium/Discount to List
-$54,900
-6.54%
Total Days on Market
60
Views
17
Current Estimated Value
$785,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89
Avg. Annual Appreciation
-0.57%
Original Mortgage
$745,750
Outstanding Balance
$741,316
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$41,085

Purchase Details

Listed on
Sep 26, 2019
Closed on
Nov 5, 2019
Sold by
Gallagher Anna E
Bought by
Sekhon Taranjit Singh and Sekhon Kamaljit Kaur
Seller's Agent
Larry Hinrichs
Brier Realty, Inc.
Buyer's Agent
Basiru Kanyi
CENTURY 21 Real Estate Center
List Price
$459,950
Sold Price
$452,500
Premium/Discount to List
-$7,450
-1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$339,375
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2013
Sold by
Gallagher James
Bought by
Gallagher Anna E

Map

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 Type Sale Price Title Company
Warranty Deed $785,000 Wfg National Title
Warranty Deed $452,500 Fidelity National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $745,750 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $336,900 New Conventional
Previous Owner $339,375 New Conventional
Previous Owner $339,375 New Conventional
Previous Owner $339,375 New Conventional
Previous Owner $418,200 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $785,000 -1.3% $303 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
08/30/2024 08/30/24 Price Changed $795,000 -5.3% $307 / Sq Ft
08/09/2024 08/09/24 For Sale $839,900 +85.6% $324 / Sq Ft
11/08/2019 11/08/19 Sold $452,500 -1.6% $175 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $459,950 -- $178 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $5,074 $630,800 $427,800 $203,000
2024 $5,074 $627,800 $424,800 $203,000
2023 $4,659 $651,100 $438,300 $212,800
2022 $4,127 $474,300 $294,100 $180,200
2020 $4,110 $352,100 $259,300 $92,800
2019 $3,228 $328,800 $240,600 $88,200
2018 $397 $285,500 $206,600 $78,900
2017 $425 $247,400 $177,700 $69,700
2016 $404 $219,500 $151,300 $68,200
2015 $1,076 $204,100 $137,700 $66,400
2013 $1,113 $168,900 $109,800 $59,100
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2275246

Northwest Multiple Listing Service (NWMLS)

APN: 004883-000-014-00

Washington Snohomish County Mountlake Terrace 98026 Lake Ballinger

7311 228th St SW, Mountlake Terrace, WA

Homes for Sale in Mountlake Terrace, WA

This home is located at 7311 228th St SW, Mountlake Terrace, WA 98043 and is currently priced at $785,000, approximately $303 per square foot. This property was built in 1962. 7311 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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