22826 56thMountlake Terrace, WA 98043

  • Retail properties
  • 1,200 SF
Off market
$561,700 Estimated

Property Details for 22826 56th

Year built
1954
Construction
TYPE NOT SPECIFIED
Lot size
0.21 AC
Property size (Sq ft)
1,200 SF
Zone code
P1
Property type
Retail properties
Property subtype
Turn key restaurants
APN
483200100400
APU
483200100400

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $475,812
    6.5%
    $439,211
    7%
    $407,839
  • Comparable approach

    Method
    Valuation
    Relative Method
    $919,215
    Geo Method
    $582,362
  • Alternative Use

    Use
    Valuation
    Residential
    $370,491
    Hospitality
    $339,368
    Educational
    $282,350
    Medical
    $292,061
    Retail
    $439,211
22826 56th, Mountlake Terrace, Washington

Location Insight

City
Mountlake Terrace
County
Snohomish
State
Washington
Latitude
47.7914
Longitude
-122.309
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,021
$462,700
$99,000
$561,700
-
$462,700
$99,000
$561,700

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