5032 212th Street Southwest, Unit AD

Mountlake Terrace, WA 98043

$900,000
Last Sold Price
8
Beds
4
Baths
3,648 Sq. Ft.
$247 / Sq. Ft.
3,648
Sq. Ft.
$247
per Sq. Ft.

Description

Super Convenient Location, minutes to I-5 & 405, Shopping & everything! This 4-plex located at end of entire complex w/sprawling lawns & extra space! Exterior of all buildings in ‘The Village’ rebuilt last 10 years & continue well maintained by HOA. Ceiling Fans,Storage,Deck,Patio, Washer & Dryer! Each unit with 1 parking & 1 unassigned spot! HOD includes common ground insurance,garbage,property manager, landscape maintenance! One of the best investment opportunities! Please do not disturb Tenants.Super Convenient Location, minutes to I-5 & 405, Shopping & everything! This 4-plex located at end of entire complex w/sprawling lawns & extra space! Exterior of all buildings in ‘The Village’ rebuilt last 10 years & continue well maintained by HOA. Ceiling Fans,Storage,Deck,Patio, Washer & Dryer! Each unit with 1 parking & 1 unassigned spot! HOD includes common ground insurance,garbage,property manager, landscape maintenance! One of the best investment opportunities! Please do not disturb Tenants.
  1. Listed by Bob Patera • RE/MAX Town Center
  2. Listed by Katherine Patera • RE/MAX Town Center

Property Details for 5032 212th Street Southwest, Unit AD

Community Name
Mountlake Terrace
School District
Edmonds
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
07-12-2020
Sewer
Sewer Connected

Location

Listing Courtesy of RE/MAX Town Center

Sold By The Preview Group

Add your commute
LISTING UPDATED: 05/14/2021 04:28 AM

Property Details for 5032 212th Street Southwest, Unit AD

StatusSold
MLS #1627956
Days on Market82
Cumulative Days on Market1234
Taxes$8,585 / year
HOA Fees$5,640 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.19 AC / 8,276 SF
CountySnohomish County

Location

Listing Courtesy of RE/MAX Town Center

Sold By The Preview Group

Add your commute

Building Information for 5032 212th Street Southwest, Unit AD

Stories2Residences4Year Built1969Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$6,097 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$715

HOA Dues

$470

The Payment Calculator is for illustrative purposes only.

Property Information for 5032 212th Street Southwest, Unit AD

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Fenced-Partially, Patio
  • Area: 730 - Southwest Snohomish
  • Elementary School: Mountlake Terrace El
  • Middle Or Junior School: Brier Terrace Mid
  • High School: Mountlake Terrace Hi
  • Effective Year Built Source: Public Records
  • Directions: I-5, 44th St Exit, South 212th St SW to 50th. See 'The Village' Monument. This 4-plex 5032 located at the very far end of the complex. No Sign.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 2190
  • Power Company: PUD
  • Sewer Company: City of Mountlake Terrace
  • Water Company: Public
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1969
  • Photos Count: 1
Lot Information
  • Lot Details: Dead End Street, Open Space, Paved
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 27042800110700
  • Building Condition: Good
  • Calculated Square Footage: 3648
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3648.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Unit Number: A-D
  • Vacancy Rate: 2
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 19024
  • Gross Adjusted Income: 63200
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $69,600
  • Insurance Expense: $2,609
  • Net Operating Income: $50,576
  • Other Expenses: $5,640
  • Total Monthly Income: 5800
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 912
  • Rent Unit 1: $1,600.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 912
  • Rent Unit 2: $1,350.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 912
  • Rent Unit 3: $1,350.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 912
  • Rent Unit 4: $1,500.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3648.0
  • Leasable Area Units: Square Feet

Property History for 5032 212th Street Southwest, Unit AD

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5032 212th Street Southwest, Unit AD

This home is within Edmonds School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Mountlake Terrace Elementary School
PublicK to 6

Brier Terrace Middle School
Public7 to 8

Mountlake Terrace High School
Public9 to 12

Challenge Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Town Center

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.