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4603 242nd St

Mountlake Terrace, WA 98043

3 bd 2 ba 1,226 sqft Built 1961 Lot 10,019 sqft single_family
Most recent sale
$798,500
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $798,500 MLS #1984362
Aug 26, 2022 Listed $798,500 MLS #1984362
Apr 22, 2022 Listed $798,500 MLS #1919935
Mar 11, 2022 Sold $431,461 Public Record
Feb 3, 1992 Sold $122,000 Public Record
Jul 28, 1987 Sold $70,000 Public Record
Jul 7, 1981 Sold $70,000 Public Record
Jun 29, 1979 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $216,300 $485,000 $701,300 $6,468
2025 $216,300 $485,000 $701,300 $5,652
2024 $122,500 $491,000 $613,500 $5,637
2023 $103,800 $368,000 $471,800 $4,390
2022 $92,500 $319,000 $411,500 $4,105
2021 $92,500 $319,000 $411,500 $3,564
2020 $92,900 $300,000 $392,900 $3,876
2019 $91,300 $285,000 $376,300 $3,692
2018 $81,400 $237,000 $318,400 $3,588
2017 $71,900 $205,000 $276,900 $2,962
2016 $69,100 $180,000 $249,100 $2,563
2015 $66,600 $155,000 $221,600 $2,431
2014 $58,400 $137,000 $195,400 $2,166
2011 $71,200 $165,000 $236,200 $2,335
2010 $71,200 $185,000 $256,200 $2,222
2009 $79,100 $208,000 $287,100 $2,270
2008 $84,300 $206,000 $290,300 $2,315

Property facts

Year built
1961
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,226 sqft
Lot size
10,019 sqft
ZIP code
98043
City
Mountlake Terrace
Street
242nd St
Coordinates
47.77910, -122.29565

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,820
Gross rental yield
4.24%
Implied cap rate
2.75%
Trend-extrapolated value

Frequently asked questions

When did 4603 242nd St last sell?
4603 242nd St most recently sold on Oct 4, 2022 for $798,500.
What is the current tax assessment for 4603 242nd St?
The most recent total assessment for 4603 242nd St (year 2026) is $701,300 with $6,468 in property tax.
How does 4603 242nd St's assessment compare to its last sale price?
The current assessment is 12.2% below the last sale price of $798,500.
When was 4603 242nd St built?
4603 242nd St was built in 1961.
How does 4603 242nd St compare to others on 242nd St?
We track 8 other properties on 242nd St. Browse the list under "Other properties on 242nd St" to compare beds, baths, and sale history.
What are the property facts for 4603 242nd St?
4603 242nd St is a 3 bed, 2 bath, 1,226 sqft, 10,019 sqft lot single_family.
Is 4603 242nd St a flip candidate?
Yes — 4603 242nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4603 242nd St a tax-appeal candidate?
No — 4603 242nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.7%
Implied 1-yr
-2.7%
2026 Q2
$668K
2026 Q3
$663.2K
ZIP 98043 — Median Price History + Forecast

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