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JRJeff ReynoldsCompass · Seattle

Listed by Wendy Britton, eXp Realty

4
Bedrooms
2
Bathrooms
1,344
Square feet
$409
Per sq ft
Single Family Residence
Type
1949
Year built
14,375 sq ft
Lot
115
Days on market

About this property

Owned by one family for over 50 years! Huge lot over 14,000 sq ft with small fir tree forest behind home and value in land and location near light rail station for easy commute to downtown events or airport. Home is a great project for a handyman refresher, fix and flipper, or a total new build with ADU possibilities. It has a giant detached shop/garage out back for the weekend tinkerer or inventor in you. Tons of potential here, come and check it out! Home has red tag for unpermitted work that was done on the main house 48 years ago...see details in listing docs, call for more info, this is already a remodel home, several lending ideas/options listed below! Seller would like to TRANSFER PERMIT TO BUYER and allow buyer comply with the code items and also simultaneously remodel as they like. Seller does not want to remodel, PRICED to sell AS IS. Property priced to be sold "as is", seller prefers buyer to take over the permit and do repairs to their liking. Pre-inspection available, all systems working when occupant vacated just before listing date, buyer to verify all information to their satisfaction. An FHA 203K financing loan can be done to allow up to $75K in remodeling & up to 110% of completed value & optionally even 6 months of mortgage payments & then could even refi to Conventional loan after work done. Or a rehab loan. Both of these can potentially be done in tandem w/the red tag & should be no issues with the appraisal as per lender consultations.

Location & commute

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Directions

Property details

Listing details

Listing number
#2487388
Listed
March 11, 2026
Days on market
115
Price per sq ft
$409

Unit & building

Unit levels
One

Parking

Parking
DrivewayDetached Garage
Covered spaces
2
Total spaces
4

Views

View
Territorial

Construction

Year built
1949
Style
16 - 1 Story w/Bsmnt.
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced AirStove/Free Standing
Cooling
None
Energy source
ElectricNatural GasWood

Interior features

Features
Bath Off PrimaryDining RoomFrench DoorsSolarium/Atrium
Fireplace type
GasWood Burning

Flooring

Flooring
Engineered HardwoodHardwoodLaminateVinylVinyl PlankCarpet

Appliances

Appliances
DryerRefrigeratorStove(s)/Range(s)Washer

Community & building features

Features
ParkPlaygroundTrail(s)

Lot

Lot features
Open SpaceValue In Land
Lot size
14,375 sq ft

Terms

Terms offered
CashConventionalFHARehab LoanVA Loan

Utilities

Water
City of Mountlake Terrace
Sewer
City of Mountlake Terrace
Power
Snohomish PUD

Schools

District
Edmonds
Elementary
Mountlake Terrace El
Middle
Brier Terrace Mid
High
Mountlake Terrace Hi

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Driveway
  • Detached Garage
  • Territorial
  • House
  • Composition
  • Forced Air
  • Stove/Free Standing
  • None
  • Electric
  • Natural Gas
  • Wood

Listing history

  1. Listed

    $550,000

    March 11, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,203

Principal & interest
$2,781
Property tax (est.)
$422

Assumes $110,000 down (20%), a $440,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.