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4608 223 Street SW, Mountlake Terrace, WA, 98043

8beds
5baths
3,372sqft
$1,399,000
$415price/sqft
$8,418/moest. monthly cost
$336,720/yrincome needed

About This Home

Modern 2019-built home with a permitted 2-bedroom ADU 800 SF with full kitchen, private entrance, and its own laundry, offering flexible living options or rental income potential. 3,372 SF of light-filled living across three levels on a 9,148 SF lot with unfinished 470 SF basement. 6 total bedrooms + 4 bathroom. Elevated main living upstairs: open-concept great room, kitchen with quartz counters, island, double oven, and eating space, flowing to the dining room and a covered balcony. The primary suite offers a walk-in closet and ensuite bath; two additional bedrooms and a second full bath complete the upper level. Entry level adds a another bedroom/office plus the full ADU; the 470 SF daylight basement is ready for a gym, media room, future finished space — or explore a second ADU unit under Washington’s new ADU rules. Three balconies — one covered, two open — bring in light and air on every level. High-efficiency gas furnace, tankless water heater, SMART wiring, security system. South-facing backyard with patio, garden space, and fruit trees. All appliances stay, including both washer/dryer sets. 2-car garage + generous driveway parking. Minutes to Mountlake Terrace Link light rail, I-5, and Town Center shops and dining. Edmonds School District. No HOA. Newer construction with a permitted ADU rarely comes available here.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

4/10
7/10
8/10

Construction

Condition

  • Property condition: Very Good
  • Year built: 2019

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Stone,Wood Siding

Notable Dates

  • Major remodel year: 2019

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,2 Stories w/Bsmnt
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Double Oven,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Tankless Water Heater,Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Gas,Water Heater Location: Utility Room

Basement

  • Has basement: Yes
  • Basement: Daylight,Unfinished

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 4
  • 3/4 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Second

Entry Hall

  • Level: Main

Features

  • Bath Off Primary,Ceiling Fan(s),Dining Room,High Tech Cabling
  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Electric,Upper Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Forced Air,High Efficiency (Unspecified),Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,372
  • Total interior livable area: 3,372 sqft

Kitchen With Eating Space

  • Level: Second

Living Room

  • Level: Second

Master Bedroom

  • Level: Second

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 00524500005901
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Second Kitchen,Bath Off Primary,Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,High Tech Cabling,Security System,SMART Wired,Vaulted Ceiling(s),Walk-In Closet(s),Water Heater
  • Topography of land: Level,Partial Slope
  • Residential vegetation: Fruit Trees,Garden Space

Lot

  • Lot size: 9,147 sqft
  • Features: Curbs,Open Lot,Paved,Sidewalk,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio

Parking

  • Total spaces: 6
  • Parking features: Driveway,Attached Garage,Off Street
  • Has garage: Yes
  • Covered spaces: 2
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Ice Storm
Landslide

FEMA Declared Disasters in Snohomish County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,074$84,888
Home Insurance *$248$2,976
Property Taxes $866$10,392
Electricity $230$2,767
Total$8,418$101,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$288,617/yr
40% on housing$252,540/yr
45% on housing$224,480/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$415This listing

vs Other Active Listings

Avg $/sqft

ZIP 98043$295
Snohomish County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 98043$519
Snohomish County$396

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-08Pending sale$1,399,000
2026-07-17Listed for sale$1,399,000
2014-10-10Sold$370,759
1998-08-14Sold$132,500

For Sale by Agent

AgentMirza Polovina
BrokerageNorth Pacific Properties

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