Listed by ReLuTy Corp, Bought with eXp Commercial, LLC
NOT LISTED FOR SALE

1404 S 2nd St Mount Vernon, WA 98273

Estimated Value: $264,000 - $476,000

2 Beds
1 Bath
768 Sq Ft
$504/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $268,000 $349 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,347/month

24 Days on Market

Highlights

  • City View
  • No HOA
  • 1-Story Property
  • Property is near public transit
  • Patio
  • Garden

About This Home

As of January 2023

Come see this cute 2 bedroom 1 bathroom home located in downtown Mount Vernon! Good starter home with lots of potential. Property is located in a Commerical zone in downtown Mount Vernon for any business owners looking to invest in some real estate. Recent updates to home include fully fenced backyard, kitchen remodel with new cabinets, appliances and granite countertops. Easy and quick to access to I-5, restaurants and other businesses near downtown.

Last Agent to Sell the Property

Ricardo Rincon

ReLuTy Corp License #132446 Listed on: 12/07/2022

Last Buyer's Agent

Chris Erdmann

eXp Commercial, LLC License #26073

eXp Commercial, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2021286

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Property is in good condition

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • City Views
  • Rough-In Basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Patio
  • Property is near public transit
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number P29102

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1923
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 768
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 972

Interior Features

  • Basement: Roughed In
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Laminate, Wall to Wall Carpet
  • Living Area: 768
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 768
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: City of Mount Vernon
  • WaterCompany: Skagit PUD

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mount Vernon
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: P29102
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2500

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jan 23, 2023
Sold by
Martinez Otto
Bought by
Axe Property Development Llc
Seller's Agent
Ricardo Rincon
ReLuTy Corp
Buyer's Agent
Chris Erdmann
eXp Commercial, LLC
List Price
$365,000
Sold Price
$268,000
Premium/Discount to List
-$97,000
-26.58%
Views
66
Current Estimated Value
$386,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,952
Avg. Annual Appreciation
15.67%
Original Mortgage
$235,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2013
Closed on
Apr 25, 2013
Sold by
Bensen Garnor O
Bought by
Martinez Otto
Seller's Agent
Wilma Louia
Elite Edge Real Estate, Inc
Buyer's Agent
Ron Van Pelt
Elite Edge Real Estate, Inc
List Price
$77,900
Sold Price
$77,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$71,161
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Axe Property Development Llc -- Chicago Title
Martinez Otto $78,180 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Axe Property Development Llc $243,000
Closed Axe Property Development Llc $235,000
Previous Owner Martinez Otto $71,161
Previous Owner Reynolds Elise $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $268,000 -20.0% $349 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
12/29/2022 12/29/22 Price Changed $335,000 -4.3% $436 / Sq Ft
12/15/2022 12/15/22 Price Changed $350,000 -4.1% $456 / Sq Ft
12/07/2022 12/07/22 For Sale $365,000 +368.5% $475 / Sq Ft
04/26/2013 04/26/13 Sold $77,900 0.0% $101 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $77,900 -- $101 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,863 $299,300 $206,900 $92,400
2023 $2,863 $265,800 $182,700 $83,100
2022 $2,500 $273,800 $189,000 $84,800
2021 $2,392 $201,900 $123,500 $78,400
2020 $2,233 $179,400 $0 $0
2019 $1,758 $162,700 $0 $0
2018 $1,880 $143,900 $0 $0
2017 $1,632 $119,600 $0 $0
2016 $1,573 $102,100 $57,800 $44,300
2015 $1,663 $97,200 $55,000 $42,200
2013 $1,695 $98,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2021286

Northwest Multiple Listing Service (NWMLS)

APN: P29102