HUGE PRICE REDUCTION! Attention Investors: 2 updated ramblers on a large lot with views of Halls Lake; each separate house has two bedrooms with full bathrooms. For over 25 years this property has been a wildly successful investment; and now even more with close proximiety to Link light rail. Zoned RMM - Medium Density Multi-Family. Options: rent both, live in one/lease the other or build a potential multi-unit complex? The first house, 5700: is 768 sf featuring two bedrooms and one full bathroom with a woodstove fireplace, deck overlooking the lake, plus fully fenced yard and shed. The 2nd upper house, 5702: is 696 sf with two bedroom and a one full bathroom with another half bath. Total square footage for both is 1,464 and the lot size is 16,553. Everything is updated -- these include: new kitchen quartz coutertops and cabinets, LVP flooring, fixtures, bathrooms, roofs, lawns, painting, fencing and driveway. Why buy one home when two are available for sale? Welcome to Halls Lake, an amazing opportunity.
Active
Listed by: Pacific Northwest Realty • Jeremy Steiner
Price cut: $95K (7/29)
$895,000
5700 212th Street SW, Mountlake Terrace, WA 98043
4beds
1,464sqft
Single Family Residence
Built in 1957
0.38 Acres Lot
$865,500 Zestimate®
$611/sqft
$-- HOA
What's special
Woodstove fireplaceDeck overlooking the lakeViews of halls lakeLarge lotFully fenced yardLvp flooring
- 49 days |
- 379 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Jeremy Steiner,
Pacific Northwest Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2533110
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Description: 5700
- Level: Main
Bedroom
- Description: 5700
- Level: Main
Bathroom full
- Description: 5700
- Level: Main
Other
- Description: 5702
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: eletric
Features
- Ceiling Fan(s)
- Flooring: Vinyl Plank
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Electric, Main Level: 1, Fireplace
Interior area
- Total structure area: 768
- Total interior livable area: 1,464 sqft
Property
Parking
- Total spaces: 4
- Parking features: None
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Water Heater
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.38 Acres
- Features: Value In Land, Cable TV, Deck, Fenced-Fully, High Speed Internet
- Topography: Level,Sloped
- Residential vegetation: Garden Space
Details
- Additional structures: ADU Beds: 2, ADU Baths: 2
- Parcel number: 00619900003000
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: See Remarks
Condition
- Good
- Year built: 1957
- Major remodel year: 1957
Utilities & green energy
- Electric: Company: PUD
- Sewer: Sewer Connected, Company: MLT
- Water: Public, Company: MLT
Community & HOA
Community
- Subdivision: Halls Lake
Location
- Region: Mountlake Terrace
Financial & listing details
- Price per square foot: $611/sqft
- Tax assessed value: $669,000
- Annual tax amount: $5,391
- Date on market: 7/8/2026
- Cumulative days on market: 51 days
- Listing terms: Conventional,FHA
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 2200
Estimated market value
$865,500
$822,000 - $909,000
$3,449/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $895,000-9.6%$611/sqft |
Source:  NWMLS as distributed by MLS GRID #2533110 Report a problem | ||
| 7/9/2026 | Listed for sale | $990,000+204.6%$676/sqft |
Source: NWMLS as distributed by MLS GRID #2533110 Report a problem | ||
| 12/2/2022 | Price change | $1,845-2.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/21/2022 | Price change | $1,895-1.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/21/2022 | Listed for rent | $1,925+20.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/16/2020 | Listing removed | $1,595$1/sqft |
Source: Milbourn Properties Report a problem | ||
| 3/30/2020 | Price change | $1,595-5.9%$1/sqft |
Source: Milbourn Properties Report a problem | ||
| 3/4/2020 | Price change | $1,695-1.7%$1/sqft |
Source: Milbourn Properties Report a problem | ||
| 2/22/2020 | Price change | $1,725-2.8%$1/sqft |
Source: Milbourn Properties Report a problem | ||
| 2/17/2020 | Listed for rent | $1,775+4.7%$1/sqft |
Source: Milbourn Properties Report a problem | ||
| 2/15/2018 | Listing removed | $1,695$1/sqft |
Source: Milbourn Properties Report a problem | ||
| 1/15/2018 | Listed for rent | $1,695+35.6%$1/sqft |
Source: Milbourn Properties Report a problem | ||
| 2/23/2015 | Listing removed | $1,250$1/sqft |
Source: Owner Report a problem | ||
| 2/13/2015 | Listed for rent | $1,250+28.2%$1/sqft |
Source: Owner Report a problem | ||
| 9/10/2011 | Listing removed | $975$1/sqft |
Source: Milbourn Properties Report a problem | ||
| 8/28/2011 | Listed for rent | $975$1/sqft |
Source: Milbourn Properties Report a problem | ||
| 3/29/2011 | Listing removed | $325,000$222/sqft |
Source: Pacific NW Realty Report a problem | ||
| 1/29/2011 | Price change | $325,000+8.4%$222/sqft |
Source: Pacific NW Realty Report a problem | ||
| 1/8/2011 | Listed for sale | $299,950+79.6%$205/sqft |
Source: Reachoo LLC Report a problem | ||
| 9/14/1999 | Sold | $167,000$114/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,391 -0.1% | $669,000 |
| 2024 | $5,394 +0.4% | $669,000 +0.2% |
| 2023 | $5,371 +31.4% | $667,900 +17% |
| 2022 | $4,087 -1.9% | $571,000 +19.3% |
| 2021 | $4,165 +15.7% | $478,700 +15.2% |
| 2020 | $3,600 -6.6% | $415,700 +6.4% |
| 2019 | $3,855 | $390,700 +9.2% |
| 2018 | -- | $357,700 +43.4% |
| 2017 | $3,277 +50.5% | $249,400 +2% |
| 2016 | $2,177 | $244,500 +23.2% |
| 2015 | $2,177 -4.6% | $198,400 +0.5% |
| 2013 | $2,283 | $197,500 |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98043
Nearby schools
GreatSchools rating
- 7/10Mountlake Terrace Elementary SchoolGrades: K-6Distance: 0.6 mi
- 7/10Brier Terrace Middle SchoolGrades: 7-8Distance: 1.7 mi
- 8/10Mountlake Terrace High SchoolGrades: 9-12Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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