NOT LISTED FOR SALE

1703 M Ave Anacortes, WA 98221

Estimated Value: $652,000 - $749,000

5 Beds
1 Bath
2,579 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $470,000 $182 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,031/month

2 Days on Market

Highlights

  • Greenhouse
  • City View
  • Corner Lot
  • Anacortes High School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of May 2021

Great 1031 exchange investment or live in one unit and rent the other! First unit (1703 M Ave) features a basement (has a sink), upstairs crafts room, hardwood flooring, tile in the kitchen, granite countertops, and 3 car off-street parking. On a sunny day, enjoy the outdoor area featuring a BBQ smoker/stove area with raised flower beds, and cedar fencing. There is a nice finished shop with 220 power that is insulated, sheetrocked, includes benches, and shelving for your storage needs. Second unit (1219 17th Street) features 2 car off-street parking, hardwood flooring, carpet, and office space. Both units have blowin installation in attics and separate gas/electric meters. Conveniently within walking distance of Anacortes accommodations!

Co-Listed By

Leonard Johnson

American Dream R. E. Services License #11184

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1749817

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,566

Year Built

  • Built in 1910

Lot Details

  • 6,000 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Property Views

  • City
  • Territorial

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,579 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Greenhouse

Schools

  • Anacortes Mid Middle School
  • Anacortes High School

Community Details

  • Anacortes Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 & 10 / 85
  • Assessor Parcel Number P55485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,566

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1910
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2579
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Metal
  • View: City, Territorial
  • Lot Features: Corner Lot, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Post & Pillar, Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Available
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Anacortes
  • WaterCompany: City of Anacortes
  • WaterSewerGarbage: 180

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Anacortes
  • High School: Anacortes High
  • Middle Or Junior School: Anacortes Mid

Lot Info

  • Parcel Number: P55485
  • Lot Size Acres: 0.1377
  • Lot Size: 6000
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Green House,Patio,Shop
  • MLSLotSizeSource: skagitcounty.net
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 9 & 10

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2450

Multi Family

  • Gross Scheduled Income: 29400
  • Net Operating Income: 25654
  • Number Of Units Total: 2
  • Leasable Area: 2570
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3566

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Byrd John R and Byrd Hilda
Bought by
Fidalgo Rentals Llc
Current Estimated Value
$694,176

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 5, 2021
Sold by
Beedle Craig A and Beedle Kelly J
Bought by
Byrd John and Byrd Hilda
List Price
$470,000
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$352,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2010
Sold by
Andrews Joseph L and Andrews Jenny B
Bought by
Beedle Craig A and Beedle Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
4.68%
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
Fidalgo Rentals Llc -- None Listed On Document
Fidalgo Rentals Llc -- None Listed On Document
Byrd John $470,000 Chicago Title
Beedle Craig A $208,280 Guardian Northwest Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byrd John $352,500
Previous Owner Beedle Craig A $166,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $470,000 0.0% $182 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $470,000 -- $182 / 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 $4,215 $621,700 $344,500 $277,200
2023 $4,215 $558,700 $281,700 $277,000
2022 $3,755 $548,200 $272,700 $275,500
2021 $3,566 $439,000 $216,600 $222,400
2020 $3,406 $386,400 $0 $0
2019 $3,120 $361,600 $0 $0
2018 $3,074 $330,600 $0 $0
2017 $2,148 $293,300 $0 $0
2016 $2,234 $225,600 $97,500 $128,100
2015 $2,167 $225,600 $97,500 $128,100
2013 $2,172 $225,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1749817

Northwest Multiple Listing Service (NWMLS)

APN: P55485