About this home

Owned by one family for over 50 years! Huge lot over 14,000 sq ft with small fir tree forest behind home and value in land and location near light rail station for easy commute to downtown events or airport. Home is a great project for a handyman refresher, fix and flipper, or a total new build with ADU possibilities. It has a giant detached shop/garage out back for the weekend tinkerer or inventor in you. Tons of potential here, come and check it out! Home has red tag for unpermitted work that was done on the main house 48 years ago...see details in listing docs, call for more info, this is already a remodel home, several lending ideas/options listed below! Seller would like to TRANSFER PERMIT TO BUYER and allow buyer comply with the code items and also simultaneously remodel as they like. Seller does not want to remodel, PRICED to sell AS IS. Property priced to be sold "as is", seller prefers buyer to take over the permit and do repairs to their liking. Pre-inspection available, all systems working when occupant vacated just before listing date, buyer to verify all information to their satisfaction. An FHA 203K financing loan can be done to allow up to $75K in remodeling & up to 110% of completed value & optionally even 6 months of mortgage payments & then could even refi to Conventional loan after work done. Or a rehab loan. Both of these can potentially be done in tandem w/the red tag & should be no issues with the appraisal as per lender consultations.

Interior features

Exterior features

Appliances

Schools

Property details

Heating

Forced Air, Stove/Free Standing

Cooling

None

Flooring

Engineered Hardwood, Hardwood, Laminate, Vinyl, Vinyl Plank, Carpet

Parking

Driveway, Detached Garage

View

Territorial

Lot

Open Space, Value In Land

Water source

Public

Sewer

Sewer Connected

Style

Mid-Century Modern

Levels

One

Costs

Price / sq ft

$409

Annual taxes

$4,822 (2025)

Location

Mountlake Terrace, WA 98043