Listed by Windermere Real Estate/PSR Inc, Bought with RE/MAX Northwest
$105,000
SOLD MAY 21, 2012

5026 242nd St SW Mountlake Terrace, WA 98043

Gateway Neighborhood
3 Beds
1 Bath
882 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$119 Per Sq Ft

6 Days on Market

Highlights

  • RV Access or Parking
  • Level Lot
  • 5-minute walk to Terrace Ridge Park
  • Property is Fully Fenced

About This Home

As of April 2022

This bank-owned property sold "As-Is".

Last Agent to Sell the Property

Joe Galindo

Windermere Real Estate/PSR Inc License #5633 Listed on: 04/19/2012

Windermere Real Estate/PSR Inc

Last Buyer's Agent

Karen Schweinfurth

RE/MAX Northwest License #27816

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM345688

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,055

Year Built

  • Built in 1942

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Value in Land

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Vinyl Construction Material

Outdoor Features

  • Outbuilding

Listing and Financial Details

  • Assessor Parcel Number 45470001016

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,055

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Building Information: Built On Lot
  • Year Built: 1942
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 882
  • Square Footage Finished: 882

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Composition

Utilities

  • Heating And Cooling: Baseboard
  • Sewer: Sewer Connected
  • Sewer Company: MLT
  • Water Company: MLT
  • Water Source: Public

Schools

  • School District: ED

Lot Info

  • Lot Details: Value In Land
  • Lot Sq Ft: 7841
  • Lot Topography Vegetation: Level
  • Parcel Number: 45470001016
  • Lot Topography: Level

Tax Info

  • Tax Amount: 1665

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 28, 2022
Sold by
Umayam Charlene R and Umayam Edwin E
Bought by
Harvey Jacob G and Deforge Dan
Seller's Agent
Tim Lenihan
Windermere Real Estate Midtown
Buyer's Agent
Samuel Hilbert
Windermere RE/Capitol Hill,Inc
List Price
$975,000
Sold Price
$1,300,000
Premium/Discount to List
$325,000
33.33%
Current Estimated Value
$1,145,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$154,023
Avg. Annual Appreciation
-3.75%
Original Mortgage
$1,170,000
Outstanding Balance
$1,100,214
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$45,763

Purchase Details

Listed on
May 13, 2012
Closed on
Oct 24, 2012
Sold by
53Rd Avenue West Llc
Bought by
Umayam Charlene R and Umayam Edwin E
Seller's Agent
Emmett Lane
Homes & Equity Real Estate Grp
Buyer's Agent
Tim Lenihan
Windermere Real Estate Midtown
List Price
$352,000
Sold Price
$352,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%
Original Mortgage
$339,850
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2012
Closed on
May 15, 2012
Sold by
Alaska Usa Federal Credit Union
Bought by
53Rd Avenue West Llc
Seller's Agent
Joe Galindo
Windermere Real Estate/PSR Inc
Buyer's Agent
Karen Schweinfurth
RE/MAX Northwest
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1566.30%

Purchase Details

Closed on
Apr 27, 2011
Sold by
Sughrue Michael P
Bought by
Alaska Usa Federal Credit Union

Purchase Details

Closed on
Sep 7, 2007
Sold by
Demuth James M
Bought by
Sughrue Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1997
Sold by
Maddox Jason H and Maddox Nedean
Bought by
Demuth James
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Warranty Deed $1,300,000 First American Title
Warranty Deed $352,280 First American Title Insuran
Special Warranty Deed $105,280 Cw Title
Trustee Deed $129,600 Northwest Title
Warranty Deed $160,000 Transnation Title Ins Co
Quit Claim Deed $98,602 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,170,000 New Conventional
Previous Owner $292,000 New Conventional
Previous Owner $339,850 New Conventional
Previous Owner $25,000 Unknown
Previous Owner $160,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $1,300,000 +33.3% $578 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $975,000 +177.0% $433 / Sq Ft
10/24/2012 10/24/12 Sold $352,000 +235.2% $156 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
05/21/2012 05/21/12 Sold $105,000 -70.2% $119 / Sq Ft
05/13/2012 05/13/12 For Sale $352,000 +235.2% $156 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $105,000 -- $119 / 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 $7,055 $889,200 $439,000 $450,200
2024 $7,055 $877,000 $433,200 $443,800
2023 $6,440 $900,500 $457,700 $442,800
2022 $6,279 $722,100 $346,300 $375,800
2020 $5,925 $600,900 $282,300 $318,600
2019 $5,695 $580,700 $261,900 $318,800
2018 $5,716 $507,500 $223,100 $284,400
2017 $5,067 $474,000 $188,200 $285,800
2016 $4,522 $439,700 $165,900 $273,800
2015 $4,521 $412,400 $142,600 $269,800
2013 $1,224 $105,700 $105,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Lenihan

    Seller's Agent in 2022

    Tim Lenihan

    Windermere Corporate

    (206) 280-5859

    2 in this area

    233 Total Sales

    Tim Lenihan
    Section Image
  • Samuel Hilbert

    Buyer's Agent in 2022

    Samuel Hilbert

    Windermere Corporate

    (206) 395-8767

    1 in this area

    28 Total Sales

    Samuel Hilbert
    Section Image
  • Emmett Lane

    Seller's Agent in 2012

    Emmett Lane

    Homes & Equity Real Estate Grp

    (425) 239-4097

    3 Total Sales

    Emmett Lane
    Section Image
  • Joe Galindo

    Seller's Agent in 2012

    Joe Galindo

    Windermere Corporate

    (206) 200-9720

    2 Total Sales

    Joe Galindo
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM345688

Northwest Multiple Listing Service (NWMLS)

APN: 004547-001-016-00

Washington Snohomish County Mountlake Terrace 98043 Gateway

5026 242nd St SW, Mountlake Terrace, WA

This home is located at 5026 242nd St SW, Mountlake Terrace, WA 98043 and is currently priced at $105,000, approximately $119 per square foot. This property was built in 1942. 5026 242nd 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.

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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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