123 148th Pl SW

About This Home

Luxury Northlake Woods Home for Rent – Lynnwood, WA 123 148th Pl SW, Lynnwood, WA 98087 To schedule a viewing, text “123” to Katherine at Experience elevated living in this stunning Northwest Contemporary home located in the desirable Martha Lake neighborhood. This beautifully updated residence features high-end finishes and thoughtful upgrades throughout, offering both luxury and functionality. VIDEO 1 Walk-Through: VIDEO 2 Property Walk-Through: 360 Walk-Through: Home Features: 5 Bedrooms | 3.5 Bathrooms Spacious 2-story layout with soaring ceilings and grand entry Hand-scraped hardwood flooring & Italian porcelain tile Gourmet kitchen with Wolf range, Chef Collection oven & stone countertops Guest suite on main level with full bath Expansive primary retreat upstairs + 3 additional large bedrooms 3-car garage Fully fenced backyard with play set New Trex deck – perfect for outdoor entertaining Professional security system & power solar blinds New high-efficiency (95%) gas furnace Gas hot water heater Important Notes: Hot tub is inoperable and not for tenant use Sprinkler system is not operable Ring camera to be disabled upon tenant move-out TV mount included for convenience Tenants responsible for yard areas (see notes below) Outdoor & Lot Details: Large, stately yard Tenant responsible for: Front strip of grass between sidewalk and street Side yard (grass beyond fence to street) Location Highlights: Quiet location at the end of a residential street Minutes to Martha Lake Park Close to Mill Creek Town Center & Alderwood Mall shopping/dining Easy access to I-5 and I-405 for commuting Utility Summary (Approximate): Electric: $100/month Gas: $100/month Water/Sewer: $125/month Garbage: Variable Internet: Wired for Ziply Fiber or Comcast This exceptional home offers comfort, space, and premium upgrades in a highly convenient location. Don’t miss the opportunity to make it yours! MONTHLY COSTS - Rent - Pet rent (if applicable) - Landlord Liability Insurance required $12.50 (or use your own provider) - Resident Benefits Program (RBP) $25.00 - Utilities All Real Estate Gladiators residents are enrolled in the Resident Benefits Package (RBP) which includes HVAC air filter delivery (for applicable properties), utility concierge service making utility connection a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application. WHEN WILL WE BEGIN PROCESSING YOUR APPLICATION? - After prospect tenant has viewed the property or has a proxy to view the property on their behalf. - Government issued picture ID for all adults submitted with the application. - Fully completed application, without material omissions, for every occupant over 18. - Income verification submitted with the application. - PetScreening profile completed for every applicant over 18 who applied. RENTAL CRITERIA AND APPLICATION DISCLOSURE The following information will be accessed as part of the screening of any applications for tenancy.... - All information on your application. - Your rental history via any identifiable prior Landlords. - Credit reports via a third-party Consumer Reporting Agency. - Public records regarding criminal conviction history or registration as a sex offender. - Personal references. - Verification of employment and/or income (or rental subsidy) amounts. - Public records regarding civil court records. - Any other information provided by the applicant (such as anticipated length of tenancy, tenancy commencement date, etc.). - Any offers or proposals you may choose to make to us (additional rent or deposit funds, extended lease term, guarantors or co-signers, etc.). Income/Credit Requirements: - General rule is that income from the applicants intending to sign the lease must (collectively) equal or exceed 3 times the rent. - Proof of adequate income (or reserves) to verify ability to pay rent on time throughout the lease term (select one or more): • Verification of employment and salary/wages. • Recent paystubs from verifiable employer. • Tax return copies for self-employed applicants. • Proof of regular investment earnings, social security or other form of governmental rental supplement. • Any additional sources of income that applicant wishes to disclose (i.e. child or spousal support, trust income, financial reserves, etc…). • Any rental subsidies which you wish us to consider. NOTE: Exceptions to minimum income requirements are applicable for Section 8/subsidized applicants as provided in SMC 14.08.040(F). - Favorable credit history free of negative credit issues which may indicate that the applicant has a pattern of failure to timely pay financial obligations. Rental History: - For applicants with prior rental history, favorable references must be received from minimum of last two landlords. - For applicants without prior rental history, adequate personal references for equivalent to two favorable past landlord references. -Applicant agrees to obtain insurance protecting the premises from loss or damage caused by Resident(s)/Guest(s) negligence. A minimum of $100,000 of liability coverage needs to be obtained by the provider of your choice. Alternatively, you can use our provider at cost of $12.50 per month and the charge will appear on your lease with your rent charge. All monies received are applied to fees first then rent. Guarantors: - Applicants who do not meet our minimum criteria based upon income and/or credit requirements may propose a Guarantor.