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  • Listed by: Realty One Group Orca
    Bought with: Wilson Realty Exchange, Inc.
    $439,950

    21308 48th Avenue W #D1, Mountlake Terrace, WA 98043

    2beds
    1,125sqft
    Condominium
    Built in 1985
    -- sqft lot
    $436,400 Zestimate®
    $391/sqft
    $2,522 Estimated rent

    Home value

    $436,400

    $406,000 - $467,000

    $2,522/mo

    Zestimate® history
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    What's special

    Cozy wood-burning fireplaceStylish tile flooringRoomy primary suiteCustom closet built-insPrivate outdoor patioBeautifully updated kitchenSoaring vaulted ceilings
    Welcome to this beautifully updated end-unit townhouse in Mountlake Terrace where you’re just minutes from the Lynnwood and Mountlake Terrace light rail stations, I-5, shopping, dining, and everyday amenities. The main level features a stylish updated kitchen, modern tile flooring, and an inviting sunken living room with cozy wood-burning fireplace, perfect for relaxing or entertaining. Upstairs you’ll find a spacious primary suite with vaulted ceilings, custom closet built-ins, and an attached full bath, along with a second bedroom and convenient upstairs laundry. Step outside to your private patio with storage shed, ideal for outdoor enjoyment and extra storage. The home includes two dedicated parking spaces (one covered carport just steps from your front door) and is part of a small, well-maintained 15-home community with low turnover. No rental cap makes this an excellent opportunity for long-term rental or future flexibility. Low HOA dues cover water, sewer, garbage, and common area maintenance, helping keep operating costs predictable. Community amenities include a gazebo, outdoor fireplace, and grill area, and the HOA is pet-friendly, increasing rental desirability. Whether you’re a homeowner seeking comfort and convenience or an investor looking for a light-rail-accessible, no-rental-cap property in a high-demand area, this one checks all the boxes.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathleen Lantz,

    Realty One Group Orca

    Bought with:

    Joanna L. Beecher, 21001091

    Wilson Realty Exchange, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2439139MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Other
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen without eating space
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Fireplace, Wall Furnace, Electric, Wood
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Primary Bath Closet, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric, Ice Maker
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
    • Windows: Insulated Windows, Skylight(s), Coverings: Blinds
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Lower Level: 1, Fireplace
    Interior area
    • Total structure area: 1,125
    • Total interior livable area: 1,125 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport, Uncovered
    • Has carport: Yes
    • Covered spaces: 1
    Features
    • Levels: Multi/Split
    • Entry location: Main
    • Patio & porch: Cooking-Electric, Dryer-Electric, End Unit, Fireplace, Ice Maker, Insulated Windows, Primary Bathroom, Skylight(s), Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Washer, Water Heater
    • Has view: Yes
    • View description: Territorial
    Lot
    • Features: Curbs, Dead End Street, Paved, Sidewalk
    Details
    • Parcel number: 00738200400100
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Townhouse
    • Property subtype: Condominium
    Materials
    • Metal/Vinyl
    • Roof: Composition
    Condition
    • Year built: 1985

    Utilities & green energy

    • Electric: Company: Snohomish County PUD
    • Sewer: Company: HOA
    • Water: Company: HOA
    • Utilities for property: Xfinity, Xfinity
    Green energy
    • Energy efficient items: Insulated Windows

    Community & neighborhood

    Community
    • Community features: Garden Space, See Remarks
    Location
    • Region: Edmonds
    • Subdivision: Mountlake Terrace

    HOA & financial

    HOA
    • HOA fee: $400 monthly
    • Services included: Common Area Maintenance, Maintenance Grounds, Sewer, Water

    Other

    Other facts
    • Listing terms: Conventional
    • Cumulative days on market: 38 days

    Price history

    DateEventPrice
    3/13/2026Sold$439,950$391/sqft
    Source: NWMLS as distributed by MLS GRID #2439139 Report a problem
    2/14/2026Pending sale$439,950$391/sqft
    Source: NWMLS as distributed by MLS GRID #2439139 Report a problem
    2/10/2026Price change$439,950-2.2%$391/sqft
    Source: NWMLS as distributed by MLS GRID #2439139 Report a problem
    2/2/2026Listed for sale$449,950$400/sqft
    Source: NWMLS as distributed by MLS GRID #2439139 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$563 -82.7%$401,000 +0.1%
    2023$3,246 +24.4%$400,500 +10%
    2022$2,609 -7.8%$364,000 +12%
    2021$2,831 +5.3%$325,000 +4.8%
    2020$2,687 -9.9%$310,000 +2.6%
    2019$2,982 $302,000 +4%
    2018-- $290,500 +35.1%
    2017$2,684 +92.3%$215,000 +36.9%
    2016$1,396 $157,000 +23.6%
    2015$1,396 +7.1%$127,000 +12.9%
    2013$1,303 $112,500
    2012-- --
    2011-- --
    2010-- --

    Find assessor info on the county website

    Neighborhood: 98043

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $436,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $436,400