Listed by Lumin Brokers of Washington, Bought with Lumin Brokers
NOT LISTED FOR SALE

Mountlake Terrace, WA 98043

Town Center Neighborhood

Estimated Value: $555,000 - $695,000

2 Beds
1 Bath
672 Sq Ft
$931/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $190,000 $283 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $3,605/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • High Speed Internet
  • Territorial View
  • 1-Story Property
  • Level Lot

About This Home

As of October 2016

This is a great opportunity to own a solid home at a great price. Either live in it yourself or retain the current tenant. Bring your best offer as this property will sell quick.

Last Agent to Sell the Property

Richard Kim

Lumin Brokers of Washington License #50106 Listed on: 06/10/2016

Last Buyer's Agent

Nichole Beal

Lumin Brokers License #27003

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 968241

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1951

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Terrace Park Sch Elementary School
  • Brier Terrace Mid Middle School
  • Mountlake Terrace Hi High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mountlake Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 004
  • Assessor Parcel Number 00521900400500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,118

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1951
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: MOUNTLAKE TERRACE DIV 15 BLK 004 D-00 - LOT 5
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 672
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: 12

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet, Laminate
  • Living Area: 672
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 672
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BedroomsLower: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Edmonds
  • High School: Mountlake Terrace Hi
  • Middle Or Junior School: Brier Terrace Mid

Lot Info

  • Parcel Number: 00521900400500
  • Topography: Level
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2118

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Terrace Park Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2025
Sold by
Tang Peter and Tang Jia
Bought by
Nest Three Llc
Current Estimated Value
$625,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$348,500
Interest Rate
6.83%
Mortgage Type
Seller Take Back
Estimated Equity
$276,956

Purchase Details

Closed on
Jan 27, 2025
Sold by
Tang Peter and Tang Jia
Bought by
City Of Mountlake Terrace

Purchase Details

Listed on
Jun 10, 2016
Closed on
Oct 1, 2016
Sold by
Catanzaro John and Catanzaro Annamarie
Bought by
Tang Peter and Tang Jia
Seller's Agent
Richard Kim
Lumin Brokers of Washington
Buyer's Agent
Nichole Beal
Lumin Brokers
List Price
$199,950
Sold Price
$190,000
Premium/Discount to List
-$9,950
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%

Purchase Details

Closed on
Jul 25, 2006
Sold by
Roberge Robert W and Roberge Tara Rai
Bought by
Catanzaro John and Catanzaro Annamaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,250
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2001
Sold by
Dabela Tadesse and Scheuffele Jennifer
Bought by
Roberge Robert W and Roberge Tara Rai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,205
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1999
Sold by
Bevers Kent E and Bevers Jeanie
Bought by
Dabela Tadesse and Scheuffele Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,338
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 1995
Sold by
Clarke John I and Clarke Carol
Bought by
Bevers Kent E and Bevers Jeanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,554
Interest Rate
9.29%
Mortgage Type
FHA
Source: Public Records

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 Buyer Sale Price Title Company
Nest Three Llc $700,000 Old Republic Title
City Of Mountlake Terrace $313 First American Title
Tang Peter $190,000 Wfg Natl Title Co Of Wa Llc
Catanzaro John $257,500 Ort Cs
Roberge Robert W $148,150 --
Dabela Tadesse $126,000 First American Title Ins Co
Bevers Kent E $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nest Three Llc $350,000
Previous Owner Catanzaro John $77,250
Previous Owner Catanzaro John $180,250
Previous Owner Roberge Robert W $146,205
Previous Owner Dabela Tadesse $124,338
Previous Owner Bevers Kent E $86,554
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2016 10/03/16 Sold $190,000 -5.0% $283 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $199,950 -- $298 / 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 $3,784 $476,300 $448,000 $28,300
2024 $3,784 $470,300 $442,000 $28,300
2023 $3,553 $496,100 $467,000 $29,100
2022 $3,322 $381,600 $357,000 $24,600
2020 $3,126 $316,600 $291,000 $25,600
2019 $2,902 $295,600 $270,000 $25,600
2018 $2,858 $253,500 $230,000 $23,500
2017 $2,463 $230,200 $194,000 $36,200
2016 $2,118 $205,700 $171,000 $34,700
2015 $1,920 $174,900 $147,000 $27,900
2013 $1,716 $148,300 $111,000 $37,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Richard Kim

    Lumin Brokers of Washington

    (425) 301-1111

    61 Total Sales

    Richard Kim
    Section Image

  • N

    Buyer's Agent in 2016

    Nichole Beal

    Lumin Brokers

    Section Image
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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 968241

Northwest Multiple Listing Service (NWMLS)

APN: 005219-004-005-00

Washington Snohomish County Mountlake Terrace 98043

Town Center

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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