Listed by NextHome Preview Properties
$999,999
$100K PRICE DROP

2008 E College Way Mount Vernon, WA 98273

Estimated payment $5,683/month

Total Views 13,702
3 Beds
2 Baths
1,196 Sq Ft
$836 Price per Sq Ft

Highlights

  • 2.41 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Wood Burning Stove
  • No HOA
  • Bathroom on Main Level

About This Home

INVESTMENT ALERT! Prime Development Opportunity on East College Way with two homes producing a combined rental income of $3200 per month plus land for future development potential. This unique offering comprises two individual parcels: Parcel 1 (P25686): This commercially zoned parcel currently features two existing homes, presenting immediate rental income. Parcel 2 (P26010): This adjacent parcel offers a blank canvas of vacant, unimproved land, ready for your vision to take shape. The combined 2.42 acres provide ample space for a significant project, benefiting from excellent exposure! Buyer to verify all information and development potential to own satisfaction.

Listing Agent

Eric Olson

NextHome Preview Properties License #118557 Listed on: 05/15/2025

NextHome Preview Properties

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2375405

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1900

Lot Details

  • 2.41 Acre Lot
  • P26010

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,196 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • Bathroom on Main Level

Additional Homes

  • ADU includes 2 Bedrooms and 1 Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Mount Vernon Subdivision

Listing and Financial Details

  • Assessor Parcel Number P25686

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,315

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1900
  • Inclusions: Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2196
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Vinyl Plank
  • Living Area: 1196
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 1196
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
  • ADUBaths: 1
  • ADUBeds: 2
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Stove/Free Standing, Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mount Vernon

Lot Info

  • Parcel Number: P25686
  • Land Lease: No
  • Lot Size Acres: 2.4075
  • Lot Size Sq Ft: 104871
  • Additional Parcels Description: P26010
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3314.6

Multi Family

  • Total Actual Rent: 3200
  • EnergySource: Electric,Wood

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $2,612 $309,800 $299,800 $10,000
2023 $2,612 $255,200 $245,200 $10,000
2022 $3,477 $282,600 $272,600 $10,000
2021 $3,632 $296,200 $286,200 $10,000
2020 $3,735 $287,900 $0 $0
2019 $3,319 $287,900 $0 $0
2018 $3,594 $289,900 $0 $0
2017 $3,563 $241,600 $0 $0
2016 $3,598 $241,600 $231,600 $10,000
2015 $3,202 $241,600 $231,600 $10,000
2013 $1,487 $207,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $999,999 -9.1% $836 / Sq Ft
05/15/2025 05/15/25 For Sale $1,100,000 -- $920 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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See All Homes in Mount Vernon

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2375405

Northwest Multiple Listing Service (NWMLS)

APN: P25686

Washington Skagit County Mount Vernon 98273

2008 E College Way, Mount Vernon, WA

This home is located at 2008 E College Way, Mount Vernon, WA 98273 and is currently priced at $999,999, approximately $836 per square foot. This property was built in 1900. 2008 E College Way is a home located in Skagit County with nearby schools including Madison Elementary School, Mount Baker 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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Eric Olson
Listing Agent
Eric Olson
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NextHome Preview Properties
(360) 585-8004