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5315 216th Street Southwest

5315 216th Street Southwest, Mountlake Terrace, WA 98043
Property in North Terrace
Sold Jun 18, 2020
$400,000
$388,000 by Broker Solutions Inc
Mortgage Due Jul 01, 2050
Sold Oct 22, 1999
$139,000
$32,600 by Washington Mutual Bank
Mortgage Due Nov 01, 2029
5315 216th Street Southwest has been categorized by the local assessors in Mountlake Terrace, WA as a residential type of property. The building on the property was first built in 1953 and is 71 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5315 216th Street Southwest has 840 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 280 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5315 216th Street Southwest sold most recently in Jun 15, 2020 for a total of $400,000. If you work out the math, that's approximately a cost of $476.19 per sqft. Before that, the property was also sold for $139,000 in Oct 18, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,182 in taxes each year. 5315 216th Street Southwest was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $536,600. If we break it down further, the land itself was valued at $438,000. Improvements to the property, however, were assessed at a total of $98,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 840
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MOUNTLAKE TERRACE DIV 32
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MOUNTLAKE TERRACE DIV 32 BLK 000 D-00 - TR 1

Ownership

  • Current Owner : ROBINSON NICOLE JEAN
  • Current Owner 2: DOLAN CARMEN
  • Previous Owner : DELAN CAMEN
  • Owner Before Previous Owner: MCNEIL DAN A
  • Owner Before Previous Owner 2: MCNEIL NINA G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Edmonds School District
  • School Tax School District: EDMONDS
  • Census Tract: 051200

Zoning

  • Zoning: RS 7200

Geography

  • Account Number: 1123951
  • Subdivision Tract Number: 1
  • Parcel: 005238-000-001-00
  • Block: 000 D
  • Lot: 1
  • Meridian: SEC 28TWN 27RNG 04
  • Municipality: MOUNTLAKE TERR
  • Latitude: 47.8032
  • Longitude: -122.306

    Address

  • Full Address: 5315 216th St Sw
  • Address - House Number: 5315
  • Street Segment Direction: SW
  • Address - Street Name: 216th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Mountlake Terrace
  • Carrier Code: C015
  • 4-Digit Zip Code: 3040
  • Zip Code: 98043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,182
  • Tax Rate Code Area: 00610

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 602,286
  • High Value: 706,285
  • Low Value: 498,288

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jun 18, 2020
  • First Open Lien Mortgage Loan Amount: $388,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $536,600
  • Market Land Value: $438,000
  • Market Improvement Value: $98,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $536,600
  • Assessed Land Value: $438,000
  • Assessed Improvements Value: $98,600

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 18, 2020
  • Current Sale Transaction ID: 11769326908
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202006181143
  • Previous Sale Recording Date: Oct 22, 1999
  • Previous Sale Contract Date: Oct 18, 1999
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Jun 18, 2020
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Oct 22, 1999
  • Previous Mortgage Loan Amount: $32,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2029

About Mount Lake Terrace



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Frequently Asked Questions

What neighborhood is 5315 216th Street Southwest located in?
The 5315 216th Street Southwest is a located in the neighborhood of North Terrace in Mount Lake Terrace, Mountlake Terrace.
What is the average sales price for listings in 5315 216th Street Southwest?
The average sales price for units in 5315 216th Street Southwest is $0 currently.

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