Property search · The Consumer Protection Brokerage
Every listing shows your estimated rebate.
The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.
At a glance
5507 240th Street SW, Mountlake Terrace, WA, 98043
$799,000·NWMLS #2571324
Every completed rebate is published: see all 249 closings.
Listing data from NWMLS. Listing courtesy of Kimberly Shaeffer of John L. Scott, Inc. Rebate estimate calculated by Arrivva.
How the rebate is calculated
- Buyer-broker fee at 2%
- $15,980
- Buyer-broker fee at 3%
- $23,970
- Arrivva flat fee
- - $9,750
- Estimated rebate range
- $6,000 to $15,000
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies. How the rebate works
5507 240th Street SWMountlake Terrace, WA 98043
Listing courtesy of Kimberly Shaeffer of John L. Scott, Inc.
Exceptional redevelopment opportunity in the heart of Mountlake Terrace. This 7,800+ SF corner property is located just blocks from the Mountlake Terrace Link light rail station and downtown, with desirable BC/D zoning offering significant long-term potential. The property is currently improved with an existing residence and occupied by a long-standing month-to-month tenant, providing income while a buyer evaluates future plans. An excellent opportunity for a developer, investor, or owner looking to secure a strategically located property in one of Mountlake Terrace's evolving transit-oriented areas. Buyer to verify zoning, development potential, permitted uses, and all information to buyer's satisfaction. Please do not disturb tenant or walk the property without prior permission.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
Listing courtesy of Kimberly Shaeffer of John L. Scott, Inc.
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-09-09 10:26 PM PDT
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.
Questions about this listing
- How much could a buyer get back on 5507 240th Street SW, Mountlake Terrace, WA, 98043?
- Arrivva estimates a buyer rebate of $6,000 to $15,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
- Who is the listing brokerage for 5507 240th Street SW, Mountlake Terrace, WA, 98043?
- Listing courtesy of Kimberly Shaeffer of John L. Scott, Inc, per NWMLS listing #2571324. Arrivva is not the listing brokerage: Arrivva is a separate flat-fee brokerage that represents you as the buyer, with your interests first and no dual agency, ever. How Arrivva represents buyers
- How do I schedule a tour of 5507 240th Street SW, Mountlake Terrace, WA, 98043?
- Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk
Found a home you love?
Schedule a free consultation to lock in your rebate before you offer.
Calls and texts are answered by Amy, our AI assistant, who can answer questions and help you book.