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  • Listed by: Redfin • Rick Wright
    Bought with: Tribeca NW Real Estate
    $320,000

    5502 220th Street SW #D201, Mountlake Terrace, WA 98043

    2beds
    888sqft
    Condominium
    Built in 1978
    -- sqft lot
    $319,100 Zestimate®
    $360/sqft
    $2,173 Estimated rent

    Home value

    $319,100

    $300,000 - $338,000

    $2,173/mo

    Zestimate® history
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    What's special

    Cozy wood-burning fireplaceSunny condoKitchen sink and disposalRefreshed primary bathroomLarge private balconyVaulted ceilingsNewer carpet
    Priced well below market value, this 2 bedroom 2 bath home is an easy win! Situated on the top floor at the end of this well-managed community, you'll enjoy a large, private balcony with a peaceful view of the forest and trails just down the steps! Truly move-in ready with recent updates like fresh paint throughout, newer carpet, slate tile and LVP floors, refrigerator, kitchen sink and disposal, a refreshed primary bathroom and some electrical updates and lighting. The sunny condo lives large with vaulted ceilings, skylights and a cozy wood-burning fireplace. Enjoy scenic wooded walking trails, a private outdoor pool with cabana, and a tranquil setting that makes this community especially desirable. Convenient parking, too!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick Wright,

    Redfin

    Bought with:

    Benjamin Meadow, 21011510

    Tribeca NW Real Estate

    Source: NWMLS as distributed by MLS GRID,MLS#: 2516226MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Great room
    • Level: Main
    Kitchen without eating space
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Water Heater: Electric, Water Heater Location: Utility Closet, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric, Ice Maker, Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Carpet
    • Windows: Skylight(s), Coverings: Blinds
    • Has fireplace: No
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 888
    • Total interior livable area: 888 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street
    • Uncovered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Cooking-Electric, Dryer-Electric, End Unit, Ice Maker, Skylight(s), Top Floor, Vaulted Ceiling(s), Washer, Water Heater
    • Has view: Yes
    • View description: See Remarks
    Lot
    • Features: Secluded, Sidewalk
    Details
    • Parcel number: 00677600420100
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional,Condo (1 Level)
    • Property subtype: Condominium
    Materials
    • Wood Products
    • Roof: Composition
    Condition
    • Year built: 1978
    • Major remodel year: 1981

    Utilities & green energy

    • Electric: Company: Snohomish PUD
    • Sewer: Company: HOA
    • Water: Company: HOA
    • Utilities for property: Comcast, Comcast

    Community & HOA

    Community
    • Features: Pool, Trail(s)
    • Security: Security Service
    • Subdivision: Mountlake Terrace
    HOA
    • Services included: Maintenance Grounds, Security, See Remarks, Sewer, Water
    • HOA fee: $516 monthly
    • HOA phone: 425-562-1200
    Location
    • Region: Mountlake Terrace

    Financial & listing details

    • Price per square foot: $360/sqft
    • Tax assessed value: $367,000
    • Annual tax amount: $2,978
    • Date on market: 4/13/2026
    • Cumulative days on market: 87 days
    • Listing terms: Conventional
    • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s)

    Price history

    DateEventPrice
    6/8/2026Sold$320,000-0.9%$360/sqft
    Source: NWMLS as distributed by MLS GRID #2516226 Report a problem
    5/12/2026Pending sale$323,000$364/sqft
    Source: NWMLS as distributed by MLS GRID #2516226 Report a problem
    4/30/2026Listed for sale$323,000+29.2%$364/sqft
    Source: NWMLS as distributed by MLS GRID #2516226 Report a problem
    11/7/2025Listing removed$2,300$3/sqft
    Source: Zillow Rentals Report a problem
    10/28/2025Price change$2,300-4.2%$3/sqft
    Source: Zillow Rentals Report a problem
    10/17/2025Listed for rent$2,400$3/sqft
    Source: Zillow Rentals Report a problem
    4/22/2019Sold$250,000-2.9%$282/sqft
    Source: NWMLS as distributed by MLS GRID #1414929 Report a problem
    4/10/2019Pending sale$257,500$290/sqft
    Source: Levin Davidoff Real Estate #1414929 Report a problem
    3/29/2019Price change$257,500+0.2%$290/sqft
    Source: Levin Davidoff Real Estate #1414929 Report a problem
    3/21/2019Price change$257,000-3.4%$289/sqft
    Source: Levin Davidoff Real Estate #1414929 Report a problem
    3/9/2019Price change$265,950-1.5%$299/sqft
    Source: Levin Davidoff Real Estate #1414929 Report a problem
    2/24/2019Listed for sale$269,950+193.4%$304/sqft
    Source: Levin Davidoff Real Estate #1414929 Report a problem
    10/15/2012Sold$92,000$104/sqft
    Source: NWMLS as distributed by MLS GRID #397930 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,978 +1.2%$367,000 +1%
    2023$2,942 +33.2%$363,500 +18%
    2022$2,210 -7.8%$308,000 +12%
    2021$2,397 +6.3%$275,000 +5.8%
    2020$2,255 -12.2%$260,000
    2019$2,568 $260,000 +10.6%
    2018-- $235,000 +74.1%
    2017$1,694 +40.7%$135,000 +12.5%
    2016$1,204 $120,000 +9.6%
    2015$1,204 +11.7%$109,500 +17.7%
    2013$1,078 $93,000
    2011-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 98043

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $319,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $319,100