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$799,000
Listing Price4beds
1baths
1,100sqft
7,841sqft lot
5507 240th Street Sw, Mountlake Terrace, WA 98043
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Exceptional redevelopment opportunity in the heart of Mountlake Terrace. This 7,800+ SF corner property is located just blocks from the Mountlake Terrace Link light rail station and downtown, with desirable BC/D zoning offering significant long-term potential. The property is currently improved with an existing residence and occupied by a long-standing month-to-month tenant, providing income while a buyer evaluates future plans. An excellent opportunity for a developer, investor, or owner looking to secure a strategically located property in one of Mountlake Terrace's evolving transit-oriented areas. Buyer to verify zoning, development potential, permitted uses, and all information to buyer's satisfaction. Please do not disturb tenant or walk the property without prior permission.
Interior Details
1100
4
1
Has Heating:
Yes
Heating Type:
Baseboard
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
Yes
Fuel Type:
Electric
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
Carpet
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7841
Yes
Yes
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
2
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Concrete Block
N/A
Gable
Metal
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,962
$352,500
$50,400
--%
$402,900
2020
$2,962
$274,400
$25,600
--%
$300,000
2019
$2,416
$221,200
$24,800
--%
$246,000
2018
$2,534
$201,000
$23,700
--%
$224,700
2017
$2,236
$188,900
$20,000
--%
$208,900
2015
$2,100
$138,400
$53,000
--%
$191,400
2014
$2,121
$138,400
$53,000
--%
$191,400
2012
$2,196
$120,200
$55,900
--%
$176,100
Average Home Price in 98043
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