Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
Russell Steele CMA JANUARY 8, 2026
The Novak Team at REAL Brokerage
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
A = ACTIVE
S = SOLD
BEDS
BATHS
SQFT
PRICE
31318 148th Dr NE
4
3.00
2,772
-
1
Subject
2
2457995
A
1823 Lakewood Road
3
2.50
2,834
$829,950
3
2391417
S
25321 133rd Avenue NE
3
2.50
2,343
$867,500
4
2434033
S
30902 Finn Settlement Road
4
2.75
2,330
$740,000
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Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
Summary of Comparable Properties A
ACTIVE LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
3
2.50
2,834
$829,950
$293
2,834
$829,950
$293
1823 Lakewood Road
Averages
S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
SOLD PRICE
$/SQ.FT
25321 133rd Avenue NE
8/15/25
3
2.50
2,343
$867,500
$370
30902 Finn Settlement Road
11/7/25
4
2.75
2,330
$740,000
$318
2,336
$803,750
$344
Averages
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Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
1823 Lakewood Road
Arlington, WA 98223
$829,950 ACTIVE
11/28/25
MLS #2457995
3 Beds 2.50 Baths
2,834 Sq. Ft. ($293 / sqft)
Year Built 1984
Days on market: 41
Details Prop Type: Residential
Full baths: 1.0
List date: 11/28/25
School District: Lakewood
County: Snohomish
3/4 Baths: 2.0
Updated: Dec 1, 2025 1:04 AM
High: Lakewood High
Area: 770 - Northwest Snohomish
Acres: 1.0001376
List Price: $829,950
Middle: Lakewood Mid
Lot Size (sqft): 43,560
Orig list price: $829,950
Elementary: Buyer To Verify
Subdivision: Lake Ki
Garages: 3
Taxes: $6,719
Appliances Included: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
Floor Covering: Ceramic Tile, Laminate, Vinyl, Wall to Wall Carpet, Vinyl Plank
Occupant Name: Vacant
Basement: Daylight
Foundation: Poured Concrete
Building Information: Built On Lot
Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walkin Closet
Possession: Closing
Roof: Composition
Water: Public
Lot Details: Paved Street
Sewer Type: Septic
Waterfront: Lake
Style: 16 - 1 Story w/Bsmnt.
Features
Energy Source: Electric Exterior: Wood
Occupant Type: Vacant Parking Type: GarageAttached, Off Street Potential Terms: Assumable, Cash Out, Conventional, VA
Site Features: Cabana/Gazebo, Cable TV, Deck, Dog Run, Fenced-Fully, High Speed Internet, RV Parking Sq Ft Finished: 2834 Sq Ft Source: Assessor Topography: Level, Wooded
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5
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
Remarks Discover privacy and charm at this 3 bed, 3 bath Arlington home on a full acre. With 2,834 sq ft, this 1984 build offers a spacious layout and room to make it your own. Enjoy mature landscaping, a large front deck, and a gazebo for outdoor gatherings. The fully fenced yard features a gated entry and plenty of usable space, along with an attached two-car garage. Included in the sale is a separate waterfront parcel across Lakewood Road, offering shoreline frontage in a natural state.
Courtesy of Tamarack Home Group, LLC Information is deemed reliable but not guaranteed.
The Novak Team at REAL Brokerage www.NovakTeam.com
6
Comparative Market Analysis
1823 Lakewood Road
31318 148th Drive Northeast, Arlington, Washington 98223 Arlington, WA 98223
$829,950 ACTIVE
11/28/25
MLS #2457995
3 Beds 2.50 Baths
2,834 Sq. Ft. ($293 / sqft)
Year Built 1984
Days on market: 41
The Novak Team at REAL Brokerage www.NovakTeam.com
7
Comparative Market Analysis
1823 Lakewood Road
31318 148th Drive Northeast, Arlington, Washington 98223 Arlington, WA 98223
MLS #2457995
The Novak Team at REAL Brokerage www.NovakTeam.com
8
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
The Novak Team at REAL Brokerage www.NovakTeam.com
9
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
The Novak Team at REAL Brokerage www.NovakTeam.com
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Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
25321 133rd Avenue NE
Arlington, WA 98223
$867,500 SOLD
8/15/25
MLS #2391417
3 Beds 2.50 Baths
2,343 Sq. Ft. ($370 / sqft)
Year Built 1988
Days on market: 39
Details Prop Type: Residential
3/4 Baths: 2.0
Off-market date: 8/15/25
School District: Arlington
County: Snohomish
Acres: 5.24071184
High: Arlington High
Area: 760 - Northeast Snohomish?
Lot Size (sqft): 228,254
Updated: Sep 14, 2025 9:00 PM
Elementary: Eagle Creek Elem
Garages: 6
List Price: $895,500
Subdivision: Arlington Heights
List date: 6/12/25
Orig list price: $950,000
Style: 12 - 2 Story
Sold date: 8/15/25
Assoc Fee: $400
Full baths: 1.0
Middle: Post Mid
Taxes: $6,809
Features Appliances Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Exterior: Wood, Wood Products
Leased Equipment: Propane Tank
Potential Terms: Cash Out, Conventional, FHA, VA
Financing: Conventional
Lot Details: Dead End Street, Paved Street, Secluded
Power Company: PUD
Occupant Name: Keeler
Sewer Company: Septic
Basement: None
Floor Covering: Hardwood, Vinyl, Wall to Wall Carpet
Building Complex Or Project: Ebey Meadows
Foundation: Poured Concrete
Occupant Type: Owner
Sewer Type: Septic
Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Skylights, Walk-in Closet
Parking Type: CarportAttached, Driveway Parking, Garage-Attached, GarageDetached
Site Features: Barn, Deck, Fenced-Fully, Outbuildings, RV Parking, Shop
Building Condition: Very Good Building Information: Built On Lot Community Features: CCRs Energy Source: Electric
Possession: Closing
Roof: Composition
Sq Ft Finished: 2343 Sq Ft Source: Public Records
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Comparative Market Analysis
Topography: Equestrian, Level, Pasture, Wooded View: Mountain, Territorial
31318 148th Drive Northeast, Arlington, Washington 98223
Water: Individual Well Water Company: Individual Well
Water Heater Location: Utility Room Water Heater Type: Electric
Remarks Bring Your Horses and Shop Equipment to this Arlington Heights Lindal Style Home on Private Over 5 Acre Lot in Desirable Ebey Meadows! Big Formal Liv & Dining w/Gas Woodstove & Floor to Cathedral Ceiling Picture Windows, Spacious Kitchen w/Brkfst Bar/Slab Granite Counters/Brass Sink & Eating Nook, Fam Rm w/Corner Woodstove, Full Hall Bath, 2 Great Size Bedrms (1 w/ Ensuite Shower), Bonus Rm w/Closet, Utility Rm and Upstairs Primary Suite w/Private Shower Bath & Walk-in Closet! Hdwd Floors, Multiple Mini-Splits for Heat & A/C and Lots of Private Decks (Some Covered)! Att Gar/Carport, Huge Det Gar/Shop w/ High Door for RV/Loft + Fin Rm, 2 Stall Barn w/Tack Room, Fenced Pasture Areas, Gorgeous Mature Landscaping w/Lawn Spaces and Gated Entrance!
Courtesy of Keller Williams Realty Bothell Information is deemed reliable but not guaranteed.
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12
Comparative Market Analysis
25321 133rd Avenue NE $867,500 SOLD
8/15/25
31318 148th Drive Northeast, Arlington, Washington 98223 Arlington, WA 98223
MLS #2391417
3 Beds 2.50 Baths
2,343 Sq. Ft. ($370 / sqft)
Year Built 1988
Days on market: 39
The Novak Team at REAL Brokerage www.NovakTeam.com
13
Comparative Market Analysis
25321 133rd Avenue NE
31318 148th Drive Northeast, Arlington, Washington 98223 Arlington, WA 98223
MLS #2391417
The Novak Team at REAL Brokerage www.NovakTeam.com
14
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
The Novak Team at REAL Brokerage www.NovakTeam.com
15
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
The Novak Team at REAL Brokerage www.NovakTeam.com
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Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
30902 Finn Settlement Road $740,000 SOLD
11/7/25
Arlington, WA 98223
MLS #2434033
4 Beds 2.75 Baths
2,330 Sq. Ft. ($318 / sqft)
Year Built 1999
Days on market: 38
Details Prop Type: Residential
3/4 Baths: 1.0
Off-market date: 11/7/25
High: Arlington High
County: Snohomish
Acres: 2.28031832
Middle: Buyer To Verify
Area: 770 - Northwest Snohomish
Lot Size (sqft): 99,317
Updated: Dec 7, 2025 8:00 PM
Garages: 3
List Price: $740,000
Subdivision: Arlington
List date: 9/15/25
Orig list price: $775,000
Style: 16 - 1 Story w/Bsmnt.
Sold date: 11/7/25
Taxes: $6,392
Full baths: 2.0
Elementary: Buyer To Verify
School District: Arlington
Features Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Effective Year Built Source: Public Records
Possession: Closing
Energy Source: Electric, Propane
Interior Features: Bath Off Primary, Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk-in Closet
Architecture: Traditional
Exterior: Cement Planked, Wood
Leased Equipment: Propane Tank Skagit Farmers
Power Company: Snohomish County PUD
Basement: Daylight, Fully Finished
Financing: Conventional
Lot Details: Paved Street
Roof: Composition
Building Condition: Good
Floor Covering: Ceramic Tile, Laminate, Vinyl
Occupant Name: Vacant
Sewer Company: Septic
Occupant Type: Vacant
Building Information: Built On Lot
Sewer Type: Septic
Foundation: Poured Concrete, Slab
Parking Type: Driveway Parking, Garage-Attached, Off Street
Site Features: Cable TV, Deck, RV Parking
Potential Terms: Cash Out, Conventional, FHA, State Bond, USDA, VA
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Comparative Market Analysis
Sq Ft Finished: 2330 Sq Ft Source: Public Records
31318 148th Drive Northeast, Arlington, Washington 98223
Topography: Brush, Garden Space, Partial Slope, Pasture, Sloped, Wooded
Water: Shared Well Water Heater Location: Garage
Water Heater Type: 90% Propane On Demand
View: Mountain, Territorial
Remarks Charming country retreat nestled on 2.28 acres in serene Finn Settlement. This inviting home offers 3 bedrooms and 2 bathrooms on the main floor, featuring a bright and airy great room with cozy propane fireplace, spacious kitchen/dining rooms perfect for gatherings, a shared bathroom and private bath, walk in closet off the primary suite. The lower level boasts an 800 SF accessory one bedroom dwelling unit, (ADU) with private access, parking and deck, complete with loads of storage and walk in bath/shower, a sun drenched living area with south facing exposure. The property also includes an RV parking campsite with water/power and fire ring, plus ample space for toys and animals. Enjoy breathtaking sunsets and peaceful country living.
Courtesy of KW North Sound Information is deemed reliable but not guaranteed.
The Novak Team at REAL Brokerage www.NovakTeam.com
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Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
30902 Finn Settlement Road $740,000 SOLD
11/7/25
Arlington, WA 98223
MLS #2434033
4 Beds 2.75 Baths
2,330 Sq. Ft. ($318 / sqft)
Year Built 1999
Days on market: 38
The Novak Team at REAL Brokerage www.NovakTeam.com
19
Comparative Market Analysis
30902 Finn Settlement Road
31318 148th Drive Northeast, Arlington, Washington 98223 Arlington, WA 98223
MLS #2434033
The Novak Team at REAL Brokerage www.NovakTeam.com
20
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
The Novak Team at REAL Brokerage www.NovakTeam.com
21
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
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22
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
Sold Property Analysis Averages
93.40% 39 Homes sold for an average of 93.40% of their list price.
Days on market
It took an average of 39 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
25321 133rd Avenue NE
$950,000
$867,500
91.32%
39
$370
30902 Finn Settlement Road
$775,000
$740,000
95.48%
38
$318
$862,500
$803,750
93.40%
39
$344
Averages
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23
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
Intelligent Pricing and Timing
Pricing a home for sale is as much art as science, but there are a few truisms that never change. • Fair market value attracts buyers, overpricing never does. • The first two weeks of marketing are crucial. • The market never lies, but it can change its mind. Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons, but the two biggest are location and condition. Generally, fair market value can be estimated by considering the comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special, which tempts them to put a higher price on it, believing they can always come down later, but that's a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range and look for the best value in that range.
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24
Comparative Market Analysis
31318 148th Drive Northeast, Arlington, Washington 98223
Intelligent Pricing and Timing
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, full description and photos in the local Multiple Listing Service, distribution across the Internet, open houses, broker's caravan, ads, and email blasts to your listing agent's buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don't get many showings or offers, you've probably overpriced your home, and it's not comparing well to the competition. Since you can't change the location, you'll have to either improve the home's condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home's curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you've lost precious time and perhaps allowed a stigma to cloud your home's value. Intelligent pricing isn't about getting the most for your home - it's about getting your home sold quickly at fair market value.
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