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← Back to search results/Mountlake Terrace, WA/4118 212th Street SW #C103
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Listed by Dru Hill • KW Greater Seattle.
FOR SALE

$265,000

Est. $1,468/mo

Price reduced $34,000 from the original $299,000 asking price

2 bd•1 ba•856 sq ft

4118 212th Street SW #C103, Mountlake Terrace, WA 98043

• Listed May 1, 2026•259 days active · 259 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: KW Greater Seattle; Dru Hill; 206-771-9373; druhilltherealtor@gmail.com

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Listing Broker: KW Greater Seattle; Dru Hill; 206-771-9373; druhilltherealtor@gmail.com

About this home

Remodeled 2 bed/1 bath ground-floor condo in the heart of Mountlake Terrace. Updated interior with access to a community pool. Ideally situated minutes from I-5 and SR-99, with the Mountlake Terrace Light Rail Station just moments away — connecting residents to downtown Seattle, the University District, and Sea-Tac Airport with ease. Surrounded by parks, trails, shopping, dining, and top employers across Seattle's Eastside and Snohomish County corridors. Strong, consistent rental demand makes this a smart addition to any investment portfolio. Cash or hard money financing only. Low HOA reserves and pending common area repairs make this unit ineligible for conventional, FHA, and VA financing. Pricing reflects the HOA's current financial position. For the positioned investor, this is a compelling entry point into one of the most connected and in-demand communities in South Snohomish County — with upside potential as the HOA completes repairs and reserves rebuild.

Property type
Condo
Year built
1981
Interior
856 sq ft
Lot size
Not listed
Parking
Uncovered
Price / sq ft
$310
HeatingForced Air, Heat Pump
CoolingHeat Pump
Property taxes$2,683/yr (est.)
HOA dues$629/mo
School districtEdmonds

Listed by Dru Hill • KW Greater Seattle

Listing updated: September 21, 2026 at 09:34am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2516566

Around this home

RexMont OfferEdge™

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4118 212th Street SW #C103, Mountlake Terrace, WA 98043

List price
$265,000
Down payment
$53,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Cooking-Electric
  • Dryer-Electric
  • Fireplace
  • Ground Floor
  • Insulated Windows
  • Walk-In Closet(s)
  • Washer
  • Water Heater
  • Fireplace (wood burning)

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 on the main level

Layout

  • Condo (1 Level)

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Flooring

  • Vinyl Plank
  • Carpet

Heating & cooling

  • Forced Air heating
  • Heat Pump heating
  • Heat Pump cooling

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Wildemere
Floor of unit
1
Units in building
14
Stories in building
2
FHA-approved project
No
Common interest community
No
HOA dues
$629
Dues frequency
Monthly
Dues include
Common Area Maintenance, Lawn Service, Road Maintenance, Sewer, Snow Removal, Trash, Water
Other dues or fees
Yes
Association contact
Jeanmarie Trapp

Rules

Pets
Yes
55+ community
No

Unit

Assigned parking
1
Parking space numbers
49
Unit features
Ground Floor,Insulated Windows,Walk-in Closet
Common property features
High Speed Int Avail,Pool-Outdoor
Entry location
Main
Access stairs
2
Laundry
Electric Dryer Hookup, Washer Hookup

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Water heater location
Bath
Power company
Snohomish County PUD
Water company
Paid by HOA
Sewer company
Paid by HOA
Irrigation water rights
No

Green & certifications

Energy-efficient features
Insulated Windows

Rooms & extras

Fireplaces on main
1

New construction

Square footage source
Realist

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.

Sales & Tax Records for 4118 212th Street SW #C103

NWMLS via MLS Grid

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 21, 2026
    Price reduced
    NWMLS via MLS Grid · #2516566
    $265,000
    $310/sq ft
  2. May 1, 2026
    Listed
    NWMLS via MLS Grid · #2516566
    $299,000
    $349/sq ft
  3. Aug 25, 2020
    Sold
    NWMLS via MLS Grid · #1627752
    $278,000
    $325/sq ft
  4. Jul 16, 2020
    Pending
    NWMLS via MLS Grid · #1627752
    $278,000
    $325/sq ft
  5. Jul 9, 2020
    Listed
    NWMLS via MLS Grid · #1627752
    $278,000
    $325/sq ft
  6. Aug 27, 2018
    Sold
    NWMLS via MLS Grid · #1333594
    $262,500
    $307/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$2,387 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: KW Greater Seattle; Dru Hill; 206-771-9373; druhilltherealtor@gmail.com

Market pulse

Mountlake Terrace is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 50 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $599,950 Sold

    1 week ago

    4 bd•2.5 ba•Condo

    21416 50th Avenue W #3, Mountlake Terrace, WA 98043

    0%

    Over list

    33

    Days on market

    0.6 mi

    Distance

  • $600,000 Sold

    6 weeks ago

    3 bd•2.5 ba•Condo

    21410 50th Avenue W #2, Mountlake Terrace, WA 98043

    1%

    Under list

    49

    Days on market

    0.6 mi

    Distance

  • $268,000 Sold

    2 months ago

    1 bd•1 ba•Condo

    21303 52nd Avenue W #C220, Mountlake Terrace, WA 98043

    1%

    Over list

    42

    Days on market

    0.6 mi

    Distance

  • $585,000 Sold

    3 months ago

    3 bd•2.5 ba•Condo

    4126 214th Street SW #B, Mountlake Terrace, WA 98043

    1%

    Under list

    36

    Days on market

    0.1 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

Want a deeper read on this market?

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 21, 2026 at 09:34am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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