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  • Listed by: KW Greater Seattle • Andrew Hill
    Price cut: $10K (6/1)
    $265,000

    4118 212th Street SW #C103, Mountlake Terrace, WA 98043

    2beds
    856sqft
    : 
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    Condominium
    Built in 1981
    -- sqft lot
    $263,200 Zestimate®
    $310/sqft
    $629/mo HOA

    What's special

    Updated interior
    Remodeled 2 bed/1 bath ground-floor condo in the heart of Mountlake Terrace. Updated interior with access to a community pool. Ideally situated minutes from I-5 and SR-99, with the Mountlake Terrace Light Rail Station just moments away — connecting residents to downtown Seattle, the University District, and Sea-Tac Airport with ease. Surrounded by parks, trails, shopping, dining, and top employers across Seattle's Eastside and Snohomish County corridors. Strong, consistent rental demand makes this a smart addition to any investment portfolio. Cash or hard money financing only. Low HOA reserves and pending common area repairs make this unit ineligible for conventional, FHA, and VA financing. Pricing reflects the HOA's current financial position. For the positioned investor, this is a compelling entry point into one of the most connected and in-demand communities in South Snohomish County — with upside potential as the HOA completes repairs and reserves rebuild.
    81 days
    |
    421
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Hill,

    KW Greater Seattle

    Source: NWMLS as distributed by MLS GRID,MLS#: 2516566MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Heating
      • Fireplace, Forced Air, Heat Pump, Electric
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Bath, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Vinyl Plank, Carpet
      • Windows: Insulated Windows
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 856
      • Total interior livable area: 856 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Uncovered
      • Uncovered spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Cooking-Electric, Dryer-Electric, Fireplace, Ground Floor, Insulated Windows, Walk-In Closet(s), Washer, Water Heater
      Details
      • Parcel number: 00714400310300
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Condo (1 Level)
      • Property subtype: Condominium
      Materials
      • Wood Siding
      • Roof: Composition
      Condition
      • Year built: 1981

      Utilities & green energy

      • Electric: Company: Snohomish County PUD
      • Sewer: Company: Paid by HOA
      • Water: Company: Paid by HOA
      Green energy
      • Energy efficient items: Insulated Windows

      Community & HOA

      Community
      • Features: Pool
      • Subdivision: Mountlake Terrace
      HOA
      • Services included: Common Area Maintenance, Maintenance Grounds, Road Maintenance, Sewer, Snow Removal, Water
      • HOA fee: $629 monthly
      • HOA phone: 425-750-7855
      Location
      • Region: Mountlake Terrace

      Financial & listing details

      • Price per square foot: $310/sqft
      • Annual tax amount: $2,683
      • Date on market: 1/7/2026
      • Cumulative days on market: 196 days
      • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $263,200

        $250,000 - $276,000

        $1,996/mo

        Price history

        DateEventPrice
        6/1/2026Price change$265,000-3.6%$310/sqft
        Source: NWMLS as distributed by MLS GRID #2516566 Report a problem
        5/15/2026Price change$275,000-8%$321/sqft
        Source: NWMLS as distributed by MLS GRID #2516566 Report a problem
        5/1/2026Listed for sale$299,000+7.6%$349/sqft
        Source: NWMLS as distributed by MLS GRID #2516566 Report a problem
        8/25/2020Sold$278,000+5.9%$325/sqft
        Source: NWMLS as distributed by MLS GRID #1627752 Report a problem
        8/27/2018Sold$262,500+162.6%$307/sqft
        Source: NWMLS as distributed by MLS GRID #1333594 Report a problem
        5/31/2001Sold$99,950$117/sqft
        Source: NWMLS as distributed by MLS GRID #21039641 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98043

        Getting around

        60 / 100
        Somewhat Walkable
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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