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23304 55th Avenue W, Mountlake Terrace, WA, 98043

4beds
3baths
1,667sqft
$714,000
$428price/sqft
$4,363/moest. monthly cost
$174,520/yrincome needed

About This Home

Versatile 4 bed, 2 bath home offering flexibility, space, and future potential. The main living area features an open kitchen and living space, ideal for everyday living and entertaining, along with a full-size washer and dryer. A standout feature of the home is the expansive secondary living area complete with its own kitchenette, bathroom, and separate washer/dryer—perfect for a primary suite, multi-generational living, guest space, home office, or more. Situated on a large quarter acre lot with a huge backyard, this property offers room to enjoy now while also providing long-term upside. Conveniently located near the Mountlake Terrace Transit Station with easy access to I-5, and just minutes to parks, the library, and other local amenities. Located within the Town Center (TC) zoning district, allowing for potential 4-6 story residential and mixed-use development (buyer to verify). A rare combination of move-in ready living, flexible layout, and future potential in a growing area.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

6/10
Terrace Park SchoolGrades K-60.4 mi
6/10
8/10

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement/Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s)

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Window features: Dbl Pane/Storm Window
  • Flooring: Vinyl Plank

Heating & Cooling

  • Heating features: Forced Air,Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,667
  • Total interior livable area: 1,667 sqft

Kitchen With Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 00521000101400
  • Zoning: BC/D
  • Zoning description: Jurisdiction: See Remarks
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dbl Pane/Storm Window
  • Topography of land: Level

Lot

  • Lot size: 0.25 Acres
  • Features: Curbs,Paved,Value In Land,Cable TV,Fenced-Partially,High Speed Internet

Parking

  • Parking features: Driveway

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
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Ice Storm
Landslide
Winter Weather

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 $3,610$43,320
Home Insurance *$126$1,512
Property Taxes $478$5,736
Electricity $149$1,793
Total$4,363$52,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$149,588/yr
40% on housing$130,890/yr
45% on housing$116,346/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

$428This listing

vs Other Active Listings

Avg $/sqft

ZIP 98043$300
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)

Price History

DateEventPrice
2026-05-07Price change$765,000
2026-04-17Listed for sale$779,000
2022-10-14Listing removed--
2022-10-11Listed for rent$1,175
2020-08-08Listing removed$1,935
2020-08-06Listed for rent$1,935
2019-06-08Listing removed$1,935
2019-06-06Listed for rent$1,935
2018-03-18Listing removed$1,935
2018-03-09Price change$1,935
2018-02-07Listed for rent$2,125
2017-08-30Sold$365,000
2013-10-12Listing removed$284,000
2013-09-21Price change$284,000
2013-07-12Price change$299,000
2013-06-24Listed for sale$349,000
2011-03-31Sold$214,000
2011-02-28Pending sale$224,950
2011-02-21Price change$224,950
2011-01-09Price change$239,950
2010-10-09Price change$269,950
2010-08-26Listed for sale$284,500
2007-12-18Sold$325,000

For Sale by Agent

AgentChad Ozog
BrokerageKeller Williams Downtown Sea

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