Listed by Windermere RE Skagit Valley, Bought with KW Greater Seattle
NOT LISTED FOR SALE

202 E Section St Mount Vernon, WA 98273

Estimated Value: $350,000 - $427,126

2 Beds
1 Bath
1,632 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $374,000 $229 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,312/month

5 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding

About This Home

As of January 2024

Solid duplex with up and down units. Quiet location with very low vacancy. Close to downtown and all amenities.

Last Agent to Sell the Property

Jim Glackin

Windermere RE Skagit Valley License #73821 Listed on: 11/24/2023

Windermere RE Skagit Valley

Last Buyer's Agent

Janice Blackmore

KW Greater Seattle License #22018027

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2181727

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • Open Parking

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Mount Vernon Subdivision

Listing and Financial Details

  • Assessor Parcel Number P28272

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,276

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1900
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1632
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: city of Mount Vernon
  • WaterCompany: Skagit County PUD # 1
  • WaterSewerGarbage: 6250

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 1050

Schools

  • Junior High Dist: Mount Vernon

Lot Info

  • Parcel Number: P28272
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningClass: Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • GrossRentMultiplier: 10.64
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 30000
  • Net Operating Income: 18181
  • Number Of Units Total: 2
  • Insurance Expense: 643
  • Leasable Area: 1632
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Jan 11, 2024
Sold by
Hayton Robert L and Hayton Susan
Bought by
Feliciano Rosa Mendoza
Seller's Agent
Jim Glackin
Windermere RE Skagit Valley
Buyer's Agent
Janice Blackmore
KW Greater Seattle
List Price
$369,000
Sold Price
$374,000
Premium/Discount to List
$5,000
1.36%
Views
21
Current Estimated Value
$387,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,782
Avg. Annual Appreciation
2.05%
Original Mortgage
$365,300
Outstanding Balance
$359,227
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$28,555
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Feliciano Rosa Mendoza $374,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feliciano Rosa Mendoza $365,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $374,000 +1.4% $229 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $369,000 -- $226 / 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 $3,143 $328,300 $160,000 $168,300
2023 $3,143 $292,600 $141,300 $151,300
2022 $2,928 $300,600 $146,200 $154,400
2021 $3,129 $237,200 $94,400 $142,800
2020 $2,903 $235,400 $0 $0
2019 $2,316 $212,200 $0 $0
2018 $2,477 $190,200 $0 $0
2017 $2,150 $158,000 $0 $0
2016 $2,072 $135,000 $53,600 $81,400
2015 $2,238 $128,500 $51,000 $77,500
2013 $2,289 $133,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2181727

Northwest Multiple Listing Service (NWMLS)

APN: P28272