Sold

Listed by: Windermere Real Estate GH LLC • Adam E. Cobb

Bought with: CENTURY 21 North Homes Realty

$2,232,000

21220 52nd Avenue W, Mountlake Terrace, WA 98043

14beds

13baths

6,952sqft

Multi Family

Built in 1962

-- sqft lot

$-- Zestimate^®

$321/sqft

$1,921 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,921/mo

Zestimate^® history

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$1,921/mo

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$13,425/mo

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$13,425/mo

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What's special

Mountlake Terrace Townhomes a premier investment opportunity w/well-maintained 6-plex offering spacious 2-bed units, each featuring their own washer and dryer, private fully fenced backyards, and 2 assigned parking spaces. The property includes a SFR that has been fully renovated, adding valuable rental income potential. 3 townhome units recently updated w/ modern plank flooring, new appliances, & cabinetry. Thriving location, minutes from Lynnwood Light Rail. Zoned RMM w/ potential for redevelopment up to 4 stories (50 feet). Savvy investors will appreciate the combination of current rental income & future growth potential in this prime location.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 14
Bathrooms: 13

Heating

Forced Air, Wall Unit(s), Geothermal

Cooling

None

Features

Flooring: Vinyl Plank, Carpet
Has fireplace: No

Interior area

Total structure area: 6,952
Total interior livable area: 6,952 sqft

Property

Parking

Total spaces: 18
Parking features: Open
Uncovered spaces: 18

Features

Patio & porch: Wall to Wall Carpet

Lot

Size: 0.78 Acres

Details

Parcel number: 27042800201000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 5-9 Units
Property subtype: Multi Family

Materials

Brick, Wood Siding, Wood Products
Roof: Composition,See Remarks

Condition

Year built: 1962
Major remodel year: 1962

Utilities & green energy

Sewer: Sewer Connected
Water: Public

Community & HOA

Community

Subdivision: Mountlake Terrace

Location

Region: Mountlake Terrace

Financial & listing details

Price per square foot: $321/sqft
Tax assessed value: $2,209,500
Annual tax amount: $18,261
Offers reviewed: 09/05/2024
Date on market: 11/28/2024
Cumulative days on market: 601 days
Listing terms: Conventional

Price history

Date	Event	Price
11/12/2024	Sold	$2,232,000+1.5%$321/sqft
Source: NWMLS as distributed by MLS GRID #2279045 Report a problem
9/8/2024	Pending sale	$2,200,000$316/sqft
Source: NWMLS as distributed by MLS GRID #2279045 Report a problem
8/23/2024	Listed for sale	$2,200,000+29.4%$316/sqft
Source: NWMLS as distributed by MLS GRID #2279045 Report a problem
5/4/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
4/19/2022	Listed for rent	$1,900
Source: Zillow Rental Manager Report a problem
10/21/2019	Sold	$1,700,000-1.6%$245/sqft
Source: NWMLS as distributed by MLS GRID #1446092 Report a problem
7/23/2019	Pending sale	$1,728,000$249/sqft
Source: Paragon Real Estate Advisors #1446092 Report a problem
6/19/2019	Price change	$1,728,000-1.3%$249/sqft
Source: Paragon Real Estate Advisors #1446092 Report a problem
4/25/2019	Listed for sale	$1,750,000+80.9%$252/sqft
Source: Paragon Real Estate Advisors #1446092 Report a problem
11/3/2015	Sold	$967,500$139/sqft
Source: Public Record Report a problem
3/16/2015	Sold	$967,500$139/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$18,162 -0.5%	$2,209,500 -1.4%
2023	$18,261 +16%	$2,240,300 +1.7%
2022	$15,739 +4.2%	$2,202,700 +26.7%
2021	$15,102 +13.6%	$1,738,000 +13.1%
2020	$13,291 +1.5%	$1,537,000 +15.7%
2019	$13,095	$1,329,000 +6%
2018	--	$1,254,000 +33.4%
2017	$12,383 +80.8%	$940,000 +44.6%
2016	$6,849	$650,000 +4%
2015	$6,849 +7.9%	$625,000 +13.6%
2013	$6,349	$550,000
2011	--	--
2010	--	--