DEVELOPERS DREAM. Large Property allows for 3 Building Lots, each with two residences under new Mountlake Terrace Ordinance. Lot has been surveyed, and a Geotechnical Evaluation is available. Two preliminary designs are also available showing three building parcel configurations. Mountlake Terrace passed the new design ordinances this summer with a strong desire to expand building options. Existing House on property is a 4 Bedroom, 2 Bath 1,866 Sq Ft., which could be revitalized and then divide the property into two parcels.
Sold
Listed by: Windermere Real Estate GH LLC
Bought with: Blue Ridge Realty, Inc.
$825,000
23902 48th Avenue W, Mountlake Terrace, WA 98043
4beds
1,866sqft
Single Family Residence
Built in 1951
0.38 Acres Lot
$807,500 Zestimate®
$442/sqft
$3,437 Estimated rent
Home value
$807,500
$751,000 - $864,000
$3,437/mo
Zestimate® history
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$3,437/mo
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$4,931/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Barry Andersen,
Windermere Real Estate GH LLC
Bought with:
Jon B. Beahm, 12043
Blue Ridge Realty, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2463301
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Hot Water Recirc Pump, Radiator, Electric, Natural Gas
Cooling
- None
Appliances
- Included: See Remarks
Features
- Ceiling Fan(s), Dining Room
- Flooring: Hardwood, Laminate, Carpet
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,866
- Total interior livable area: 1,866 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Detached Garage, Off Street
- Has garage: Yes
- Covered spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Dining Room
Lot
- Size: 0.38 Acres
- Features: Corner Lot, Paved, Value In Land
Details
- Parcel number: 00463100000509
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1951
Utilities & green energy
- Electric: Company: Snohomish County PUD
- Sewer: Available, Sewer Connected, Company: City of Mountlake Terrace Water
- Water: Public, Company: City of Mountlake Terrace Water
Community & neighborhood
Location
- Region: Mountlake Terrace
- Subdivision: Mountlake Terrace
Other
Other facts
- Listing terms: Conventional,See Remarks
- Cumulative days on market: 95 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Sold | $825,000-2.8%$442/sqft |
Source:  NWMLS as distributed by MLS GRID #2463301 Report a problem | ||
| 1/29/2026 | Pending sale | $849,000$455/sqft |
Source: NWMLS as distributed by MLS GRID #2463301 Report a problem | ||
| 1/23/2026 | Listed for sale | $849,000$455/sqft |
Source: NWMLS as distributed by MLS GRID #2463301 Report a problem | ||
| 1/21/2026 | Pending sale | $849,000$455/sqft |
Source: NWMLS as distributed by MLS GRID #2463301 Report a problem | ||
| 1/8/2026 | Listed for sale | $849,000+324.6%$455/sqft |
Source: NWMLS as distributed by MLS GRID #2463301 Report a problem | ||
| 7/22/1999 | Sold | $199,950$107/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,000 +4.2% | $743,300 +4% |
| 2023 | $5,759 +3.7% | $714,900 -7.9% |
| 2022 | $5,551 +2.6% | $776,000 +24.7% |
| 2021 | $5,412 +12.5% | $622,200 +12% |
| 2020 | $4,809 -7% | $555,500 +6% |
| 2019 | $5,171 | $524,300 +3.7% |
| 2018 | -- | $505,800 +30.7% |
| 2017 | $4,889 +45.7% | $387,100 +9% |
| 2016 | $3,355 | $355,200 +16.1% |
| 2015 | $3,355 +18.1% | $305,900 +24.5% |
| 2013 | $2,840 | $245,800 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,202 -0.5% | $167,200 |
| 2000 | $2,212 | $167,200 |
Find assessor info on the county website
Neighborhood: 98043
Nearby schools
GreatSchools rating
- 8/10Terrace Park SchoolGrades: K-6Distance: 0.9 mi
- 7/10Brier Terrace Middle SchoolGrades: 7-8Distance: 1.5 mi
- 8/10Mountlake Terrace High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Terrace Park Sch
- Middle: Alderwood Mid
- High: Mountlake Terrace Hi
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$807,500
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
$807,500
- Washington
- Snohomish County
- Mountlake Terrace
- 98043
- 23902 48th Avenue W
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