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← Back to search results/Mountlake Terrace, WA/4512 216th Street SW #12A
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Listed by Julie Lutovsky • Redfin.
FOR SALE

$355,000

Est. $1,966/mo

2 bd•1 ba•856 sq ft

4512 216th Street SW #12A, Mountlake Terrace, WA 98043

• Listed Aug 14, 2026•43 days active · 43 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Redfin; Julie Lutovsky; 425-551-8100; julie.lutovsky@redfin.com

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Listing Broker: Redfin; Julie Lutovsky; 425-551-8100; julie.lutovsky@redfin.com

About this home

Welcome to this FULLY REMODELED and REDESIGNED two-bedroom END UNIT, offering the ultimate privacy with no stairs, no neighbors above or below and only one shared wall. The thoughtfully planned living room layout features a clean, functional shape free of awkward corners or corner unit fireplaces, making furniture placement effortless. Open and airy, the expanded kitchen has been completely transformed to maximize both counter area and storage space. The main bathroom has also been fully redesigned and renovated to eliminate the hotel feel, creating a sleek, elevated retreat. Every inch of the interior boasts high-end updates, including brand-new flooring, doors, trim, modern lighting, fresh paint, and a fully replaced bathtub, surround, and toilet. Mechanical and electrical upgrades provide total peace of mind, featuring new wall heaters, a modern thermostat, updated breakers, updated outlets, and a cozy electric fireplace. Parking and storage are a breeze with one garage space in a two-car garage plus an additional reserved outdoor spot. Located in a PET-FRIENDLY community with the LOWEST HOA DUES IN THE AREA and NO RENTAL CAP, this turn-key property is an incredible opportunity for both homeowners and investors alike. Close to freeways, shopping, schools, parks, cafes, and more.

Property type
Condo
Year built
1969
Interior
856 sq ft
Lot size
Not listed
Parking
1-car garage
Price / sq ft
$415
HeatingWall Furnace
CoolingNone
Property taxes$2,648/yr (est.)
HOA dues$400/mo
School districtEdmonds

Listed by Julie Lutovsky • Redfin

Listing updated: September 22, 2026 at 06:48pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2568160

Around this home

RexMont OfferEdge™

How much should you offer?

4512 216th Street SW #12A, Mountlake Terrace, WA 98043

List price
$355,000
Down payment
$71,000

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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

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 on the main level

Layout

  • Condo (1 Level)

Heating & cooling

  • Wall Furnace heating
  • None cooling

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Colony Lane Condo Association
Floor of unit
1
Units in building
4
Stories in building
2
Co-op
No
Common interest community
No
HOA dues
$400
Dues frequency
Monthly
Dues include
Common Area Maintenance, Lawn Service, Sewer, Trash, Water

Rules

Rental cap
No Rental Cap
Pets
Subject to Restrictions
55+ community
No

Unit

Assigned parking
2
Parking space numbers
1
Entry location
Main

Systems

Energy source
Electric
Power production
Electric
Power company
Snohomish PUD
Water company
eHOA
Sewer company
HOA
Garbage service
HOA
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
1

New construction

Square footage source
Realist - Buyer to Verify

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

Edmonds School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Sales & Tax Records for 4512 216th Street SW #12A

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. Aug 14, 2026
    Listed
    NWMLS via MLS Grid · #2568160
    $355,000
    $415/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

Check eligibility

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

$2,676 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

Get pre-approved
Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

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: Redfin; Julie Lutovsky; 425-551-8100; julie.lutovsky@redfin.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

    0.3 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

    0.3 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

    0.4 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

    0.3 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 22, 2026 at 06:48pm (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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