5607 230th St SW Mountlake Terrace, WA 98043
Property details
About 5607 230th St SW
Attention Builders / Investors: Excellent development opportunity to build for rent or spec project. This premium 16,193 sqft site is two parcels located 1 block from MLT town center core and 5 blocks to new MLT light rail station. TC-R zoning allows flexible development options for smaller scale mixture of multifamily, townhouses or professional retail / office use. Building height allowance of 2-4 stories. Preliminary studies shows 11 unit townhome feasible with no commercial space requirement. MLT offers MFTE (multifamily tax exemption) program on qualifying projects. Great opportunity for owner operator to use or rent 1323 sqft office building and 672 sqft SFR during permit process. The office building is also listed under MLS #2342783.
Highlights
Summary
- MLS Number: 2343858
- MLS Name: NWMLS
- Office Name: Pellego, Inc.
- Office Phone: (425) 441-3180
- Listing Agent: Peter N Tang
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
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Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 2:47:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,650,000
5607 230th St SW
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 03, 2016 | Home Sold | $190,000 |
| Jul 27, 2006 | Home Sold | $257,500 |
| Dec 03, 2001 | Home Sold | $148,500 |
| Oct 22, 1999 | Home Sold | $125,955 |
| Jan 13, 1995 | Home Sold | $87,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $496,100 | $3,552 |
| 2022 | $381,600 | $3,322 |
| 2021 | $381,600 | $3,322 |
| 2020 | $316,600 | $2,877 |
| 2019 | $316,600 | $3,125 |
| 2018 | $295,600 | $2,902 |
| 2017 | $253,500 | $2,858 |
History based on county public records data.
Nearby schools
7
Terrace Park Elementary School
Public District KG-6
0.2 mi
•5409 228th St SW
9
Challenge Elementary School
Public District KG-6
0.2 mi
•5409 228th St SW
6
Mountlake Terrace Elementary School
Public District KG-6
0.7 mi
•22001 52nd Ave W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,640. Most Mountlake Terrace, WA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Symphony or Opera
Tennis
Minor League Baseball Games
Where do the neighbors shop?
Chico's
IKEA
New York & Company
Where do the neighbors go to eat?
Boston Market
Chipotle
Chick-fil-A
What do the neighbors drive?
Volvo
Jeep
Kia
What do the neighbors listen to?
Talk/Personality
Alternative
Active Rock
Frequently asked questions
About 5607 230th St SW
This home is located at 5607 230th St SW in Mountlake Terrace, WA and zip code 98043 in the Town Center neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $1,650,000.
In March 2025, from all listings sold in Mountlake Terrace, WA there were more than 8 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. In March 2025 in Mountlake Terrace, WA there were 16% more homes for sale than in February. Listings spent 42 days on the market in March 2025, and had a median list price of $662,500 during the same period.