Listed by Windermere RE Skagit Valley, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

1222 S 2nd St Mount Vernon, WA 98273

-- Bed
-- Bath
2,132 Sq Ft
6,198 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $480,000 $225 Per Sq Ft

10 Days on Market

Highlights

  • Softwood Flooring
  • Baseboard Heating
  • Wood Siding
  • No HOA

About This Home

As of February 2024

Four-plex with additional rear unit in classic older Mount Vernon home near downtown, shopping and transit. Good income property with upside for a buyer to refurbish units. One two-bedroom unit and four studios, all units have kitchen and one bathroom. Good on-site parking and street parking.

Last Agent to Sell the Property

Jim Glackin

Windermere RE Skagit Valley License #73821 Listed on: 01/26/2024

Windermere RE Skagit Valley

Last Buyer's Agent

Artem Belayev

Skyline Properties, Inc. License #21028077

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2190284

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 1910

Lot Details

  • 6,198 Sq Ft Lot

Home Design

  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,132 Sq Ft Home
  • 2-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Mount Vernon Subdivision

Listing and Financial Details

  • Assessor Parcel Number P54300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,438

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2132
  • Special Features: None
  • Cumulative Days on Market: 363

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Softwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Fir/Softwood, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: city of Mount Vernon
  • WaterCompany: Skagit County PUD #1
  • WaterSewerGarbage: 10800

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mount Vernon

Lot Info

  • Parcel Number: P54300
  • Lot Size Acres: 0.1423
  • Lot Size Sq Ft: 6198
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.7
  • LeasedItems: None
  • TotalMonthlyIncome: 3220

Multi Family

  • Gross Scheduled Income: 38640
  • Net Operating Income: 18041
  • Number Of Units Total: 5
  • Electric Expense: 660
  • Insurance Expense: 1458
  • Leasable Area: 2132
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5438

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $480,000 -9.3% $225 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $529,000 0.0% $248 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $529,000 -- $248 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jim Glackin

    Seller's Agent in 2024

    Jim Glackin

    Windermere Corporate

    (360) 428-2828

    39 in this area

    79 Total Sales

    Jim Glackin
    Section Image

  • A

    Buyer's Agent in 2024

    Artem Belayev

    Skyline Properties, Inc

    (206) 218-8465

    4 in this area

    12 Total Sales

    Artem Belayev
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2190284

Northwest Multiple Listing Service (NWMLS)
Washington Skagit County Mount Vernon 98273

1222 S 2nd St, Mount Vernon, WA

This home is located at 1222 S 2nd St, Mount Vernon, WA 98273 since 26 January 2024. This property was built in 1910. 1222 S 2nd St is a home located in Skagit County with nearby schools including Washington Elementary School, La Venture Middle School, and Mount Vernon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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