$399,999
Est. $2,168/moPrice reduced $20,001 from the original $420,000 asking price
2 bd•1.75 ba•888 sq ft
5502 220th Street SW #D 205, Mountlake Terrace, WA 98043
• Listed Sep 30, 2026•37 days active · 37 cumulative
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
New price. 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!
Listed by Paul Bichay • Coldwell Banker Danforth
Listing updated: November 5, 2026 at 02:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2524859
Around this home
How much should you offer?
5502 220th Street SW #D 205, Mountlake Terrace, WA 98043
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
Schools
Ratings via SchoolDigger- Mountlake Terrace ElementaryPublic · Grades K-6 · 0.3 mi · State rank 591 of 1,1384/10
- Brier Terrace Middle SchoolPublic · Grades 7-8 · 1.4 mi · State rank 76 of 5148/10
- Mountlake Terrace High SchoolPublic · Grades 9-12 · 0.9 mi · State rank 71 of 3968/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
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
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 5502 220th Street SW #D 205
NWMLS via MLS GridEvery 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.
- Nov 5, 2026Price reducedNWMLS via MLS Grid · #2524859$399,999$450/sq ft
- Sep 30, 2026ListedNWMLS via MLS Grid · #2524859$420,000$473/sq ft
- Mar 20, 2003SoldNWMLS via MLS Grid · #23011490$108,000$122/sq ft
- Mar 1, 2003PendingNWMLS via MLS Grid · #23011490$112,950$127/sq ft
- Jan 21, 2003ListedNWMLS via MLS Grid · #23011490$112,950$127/sq ft
Down payment assistance
6 programs may be available to provide you with up to $20,000 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
$3,034 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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.
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 48 days.
Recent sales nearby
Within 1 mile · last 6 months$199,000 Sold
4 weeks ago
1 bd•1 ba•Condo
5506 220th Street SW #A-105, Mountlake Terrace, WA 98043
0%
Under list
29
Days on market
0.1 mi
Distance
$599,950 Sold
6 weeks 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
2 months 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
2 months 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
3 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
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?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 6, 2026 at 3:01 PM PT (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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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