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JRJeff ReynoldsCompass · Seattle

Listed by Dru Hill, KW Greater Seattle

2
Bedrooms
1
Bathrooms
856
Square feet
$310
Per sq ft
Condominium
Type
1981
Year built
186
Days on market

About this property

Remodeled 2 bed/1 bath ground-floor condo in the heart of Mountlake Terrace. Updated interior with access to a community pool. Ideally situated minutes from I-5 and SR-99, with the Mountlake Terrace Light Rail Station just moments away — connecting residents to downtown Seattle, the University District, and Sea-Tac Airport with ease. Surrounded by parks, trails, shopping, dining, and top employers across Seattle's Eastside and Snohomish County corridors. Strong, consistent rental demand makes this a smart addition to any investment portfolio. Cash or hard money financing only. Low HOA reserves and pending common area repairs make this unit ineligible for conventional, FHA, and VA financing. Pricing reflects the HOA's current financial position. For the positioned investor, this is a compelling entry point into one of the most connected and in-demand communities in South Snohomish County — with upside potential as the HOA completes repairs and reserves rebuild.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2516566
Listed
May 1, 2026
Days on market
186 (includes a prior listing period)
Price per sq ft
$310
Original list price
$299,000

Unit & building

Unit
C103
Floor
1
Building
Wildemere
Stories in building
2
Unit levels
One
Units in building
40

Homeowners association

HOA dues
$628 monthly
Dues include
Common Area MaintenanceLawn ServiceRoad MaintenanceSewerSnow RemovalTrashWater

Parking

Parking
Uncovered

Construction

Year built
1981
Style
30 - Condo (1 Level)
Structure
Condominium
Roof
Composition

Heating & cooling

Heating
Forced AirHeat Pump
Cooling
Heat Pump
Energy source
Electric

Interior features

Features
Cooking-ElectricDryer-ElectricFireplaceGround FloorInsulated WindowsWalk-In Closet(s)WasherWater Heater
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
Vinyl PlankCarpet

Appliances

Appliances
DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Features
High Speed Int AvailPool

Terms

Terms offered
Cash

Utilities

Water
Paid by HOA
Sewer
Paid by HOA
Power
Snohomish County PUD

Schools

District
Edmonds

What stands out to you?

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

  • One
  • Common Area Maintenance
  • Lawn Service
  • Road Maintenance
  • Sewer
  • Snow Removal
  • Trash
  • Water
  • Uncovered
  • Condominium
  • Composition
  • Forced Air

Listing history

  1. Listed

    $299,000

    May 1, 2026

  2. Current price

    $265,000

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

$2,171

Principal & interest
$1,340
Property tax (est.)
$203
HOA dues
$628

Assumes $53,000 down (20%), a $212,000 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.

More in this building

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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.