The perfect, level corner lot in the new Downtown Core, roughly 8,000 square feet, zoned Town Center-1 for a minimum of 6 stories to a maximum of 12 stories - the highest density zone in the city. The structure on the property could be renovated and rented out during the design & permitting phase, it has been used as an office. Amazing location less than a block from the Mountlake Terrace Transit Center and Light Rail Station. TC1 zoning allows multifamily plus an array of commercial uses. This would be an ideal part of a Transit Oriented Development project.
Sold
Listed by:
Jonathan E. Selin,
John L. Scott, Inc.,
Alan Arafat,
John L. Scott, Inc.
Bought with: John L. Scott, Inc.
$620,000
5800 236th Street SW, Mountlake Terrace, WA 98043
--beds
--baths
7,840.8Square Feet
Unimproved Land
Built in ----
7,840.8 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,977 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,977/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 08, 2023 at 04:43pm
Listed by:
Jonathan E. Selin,
John L. Scott, Inc.,
Alan Arafat,
John L. Scott, Inc.
Bought with:
Alan Arafat
John L. Scott, Inc.
Jonathan E. Selin, 19983
John L. Scott, Inc.
Source: NWMLS,MLS#: 2006791
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 7,840 sqft
- Dimensions: 133 x 61
- Features: Corner Lot, Evergreens
- Topography: Level
Details
- Parcel number: 00520900102000
- Zoning description: TC1,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: In Street
- Sewer: On Property
- Water: On Property, Jurisdiction: City of MLT
- Utilities for property: Natural Gas Available, Electricity Connected
Community & neighborhood
Location
- Region: Mountlake Terrace
- Subdivision: Mountlake Terrace
Other
Other facts
- Listing terms: Cash Out
- Cumulative days on market: 863 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2023 | Sold | $620,000-22.5% |
Source:  NWMLS #2006791 | ||
| 2/20/2023 | Pending sale | $800,000 |
Source: NWMLS #NWM2006791 | ||
| 2/20/2023 | Listed for sale | $800,000 |
Source: NWMLS #2006791 | ||
| 2/1/2023 | Listing removed | -- |
Source: John L Scott Real Estate | ||
| 10/24/2022 | Listed for sale | $800,000 |
Source: John L Scott Real Estate #2006791 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,902 -0.2% | $607,700 -0.5% |
| 2023 | $4,913 +25.6% | $611,000 +11.9% |
| 2022 | $3,910 -2% | $546,200 +19.2% |
Find assessor info on the county website
Neighborhood: 98043
Nearby schools
GreatSchools rating
- 4/10Mountlake Terrace Elementary SchoolGrades: K-6Distance: 1.1 mi
- 5/10Alderwood Middle SchoolGrades: 7-8Distance: 4.8 mi
- 8/10Mountlake Terrace High SchoolGrades: 9-12Distance: 1.6 mi