Attention Investors: two unbelievalbly updated ramblers on one large lot with views of Halls Lake. 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
$990,000
5700 212th Street SW, Mountlake Terrace, WA 98043
4beds
1,464sqft
Single Family Residence
Built in 1957
0.38 Acres Lot
$948,900 Zestimate®
$676/sqft
$-- HOA
What's special
Woodstove fireplaceDeck overlooking the lakeViews of halls lakeFully fenced yardLvp flooring
- 1 day |
- 93 |
- 1 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Offers reviewed: Jul 14
Listed by:
Jeremy Steiner,
Pacific Northwest Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2533110
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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
Heating
- Fireplace, Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s), Water Heater: eletric
Features
- 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
- Patio & porch: 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: Composition
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: $676/sqft
- Tax assessed value: $669,000
- Annual tax amount: $5,391
- Offers reviewed: 07/14/2026
- Date on market: 7/8/2026
- Cumulative days on market: 2 days
- Listing terms: Conventional,FHA
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 2200
Estimated market value
Zestimate®
$948,900
Estimated sales range
$901,000 - $996,000
Rent Zestimate®
$2,363/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $990,000+204.6%$676/sqft |
Source: | ||
| 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 |
|---|---|---|
| 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 | $197,500 |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
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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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- 5700 212th Street SW
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