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← Back to search results/Mountlake Terrace, WA/5502 220th Street SW #D 205
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Listed by Paul Bichay • Coldwell Banker Danforth.
FOR SALE

$420,000

Est. $2,326/mo

2 bd•1.75 ba•888 sq ft

5502 220th Street SW #D 205, Mountlake Terrace, WA 98043

• Listed Sep 30, 2026•8 days active · 8 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Coldwell Banker Danforth; Paul Bichay; 206-790-9316; Paul@bichayhomes.com

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Listing Broker: Coldwell Banker Danforth; Paul Bichay; 206-790-9316; Paul@bichayhomes.com

About this home

Fully and newly updated with all new appliances. New water heater. Upper-level 888 sf Condo unit boasting 2 bedrooms, 1.75-bathroom featuring a cozy fireplace, and a peaceful balcony view of the natural reserve. Located in a well-maintained complex with a strong HOA that recently invested in new roofing and fresh exterior paint and parking. Residents enjoy excellent community amenities, including a cabana, swimming pool, and walking trails. Conveniently situated close to freeway access, bus lines, shopping, schools, and parks. Not staged and vacant. Must see!

Property type
Condo
Year built
1978
Interior
888 sq ft
Lot size
2.6016 acres
Parking
Off Street, Uncovered
Price / sq ft
$473
HeatingBaseboard
CoolingNone
Property taxes$2,999/yr (est.)
HOA dues$516/mo
School districtEdmonds

Listed by Paul Bichay • Coldwell Banker Danforth

Listing updated: October 8, 2026 at 10:57am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2524859

Around this home

RexMont OfferEdge™

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5502 220th Street SW #D 205, Mountlake Terrace, WA 98043

List price
$420,000
Down payment
$84,000

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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
  • Top Floor
  • Vaulted Ceiling(s)
  • Washer

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Condo (1 Level)
  • Remodeled / updated: true

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Flooring

  • Ceramic Tile
  • Laminate
  • Vinyl
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Parkside.
Floor of unit
2
Units in building
4
Stories in building
2
Co-op
No
Common interest community
No
HOA dues
$516
Dues frequency
Monthly
Dues include
Lawn Service, Security, See Remarks, Sewer, Trash, Water
Special assessment
false
Association contact
Julie Kipper

Rules

Pets
Yes
55+ community
No

Unit

Assigned parking
1
Parking space numbers
47
Unit features
Balcony/Deck/Patio,Top Floor,Vaulted Ceilings
Common property features
Clubhouse,Pool-Outdoor,Trails
Entry location
Main
Access stairs
20
Laundry
Electric Dryer Hookup, Washer Hookup

Systems

Energy source
Electric
Power production
Electric
Power company
Snohomish PUD
Water company
HOA
Sewer company
HOA
Gas company
N/A
Garbage service
Waste Management
Irrigation water rights
No
Internet connected
Comcast
Cable connected
Comcast

Rooms & extras

Bathtubs
1
Showers
2

New construction

Square footage source
Realist
Lot size source
Realist
Effective year built source
Public Records

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 5502 220th Street SW #D 205

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 30, 2026
    Listed
    NWMLS via MLS Grid · #2524859
    $420,000
    $473/sq ft
  2. Mar 20, 2003
    Sold
    NWMLS via MLS Grid · #23011490
    $108,000
    $122/sq ft
  3. Mar 1, 2003
    Pending
    NWMLS via MLS Grid · #23011490
    $112,950
    $127/sq ft
  4. Jan 21, 2003
    Listed
    NWMLS via MLS Grid · #23011490
    $112,950
    $127/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

$3,198 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: Coldwell Banker Danforth; Paul Bichay; 206-790-9316; Paul@bichayhomes.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

    0.5 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

    0.5 mi

    Distance

  • $450,000 Sold

    6 weeks ago

    3 bd•1.5 ba•Condo

    22711 Lakeview Drive #C6, Mountlake Terrace, WA 98043

    0%

    Over list

    113

    Days on market

    1.0 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

    0.5 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

    0.9 mi

    Distance

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

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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 October 8, 2026 at 10:57am (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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