Seller's Agent in 2020
Nav Narwal
Coldwell Banker Bain
(360) 927-6574
61 Total Sales
Listed by Coldwell Banker Bain, Bought with Hallmark Homes NW, LLC
202 W Lawrence St Mount Vernon, WA 98273
Estimated Value: $527,770 - $587,000
2
Beds
3
Baths
2,645
Sq Ft
$214/Sq Ft
Est. Value
About This Home
As of July 2020Favorable cap rate Triplex in a great location! Located close to downtown and off I-5. This is the perfect investment opportunity or owner occupant. One unit is 2 bedrooms and 1 bath and other two units are 1 bedroom and 1 bath. Laundry for all tenants to use, producing extra income and loads of storage. This triplex has lots of potential and great rental income!
Last Agent to Sell the Property
Coldwell Banker Bain License #128115 Listed on: 04/17/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1591067
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,114
Year Built
- Built in 1900
Lot Details
- 5,663
Home Design
- Triplex
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
Interior Spaces
- 2,645 Sq Ft Home
- 2-Story Property
Parking
- 5 Parking Spaces
- 1 Covered Space
- Open Parking
Additional Features
- 5,663 Sq Ft Lot
- Natural Gas Connected
Community Details
- Mount Vernon Subdivision
Listing and Financial Details
- Assessor Parcel Number P52199
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2020
Closed on
Jul 24, 2020
Sold by
Bannecker William R and Estate Of John Bowen Bannecker
Bought by
Lum Marcus A
Seller's Agent
Nav Narwal
Coldwell Banker Bain
Buyer's Agent
Mark Jacobsen
Hallmark Homes NW, LLC
List Price
$409,000
Sold Price
$342,500
Premium/Discount to List
-$66,500
-16.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,443
Avg. Annual Appreciation
9.77%
Original Mortgage
$256,875
Outstanding Balance
$228,793
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$322,257
Purchase Details
Closed on
Sep 22, 2008
Sold by
Bannecker John B
Bought by
Bannecker John Bowen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.49%
Purchase Details
Closed on
Jun 11, 2007
Sold by
Nelson Leona
Bought by
Bannecker John B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
11.8%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lum Marcus A | $342,500 | Chicago Title | |
| Bannecker John Bowen | -- | Fidelity National Title Co | |
| Bannecker John B | $273,980 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lum Marcus | $87,846 | |
| Open | Lum Marcus A | $256,875 | |
| Closed | Bannecker John Bowen | $227,500 | |
| Previous Owner | Bannecker John B | $291,000 | |
| Previous Owner | Bannecker John B | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2020 07/27/20 | Sold | $342,500 | -9.6% | $129 / Sq Ft |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- |
| 06/13/2020 06/13/20 | Price Changed | $379,000 | -2.6% | $143 / Sq Ft |
| 05/15/2020 05/15/20 | Price Changed | $389,000 | -4.9% | $147 / Sq Ft |
| 04/17/2020 04/17/20 | For Sale | $409,000 | -- | $155 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $4,737 | $491,400 | $252,200 | $239,200 |
| 2023 | $4,737 | $463,200 | $225,200 | $238,000 |
| 2022 | $4,013 | $405,700 | $177,800 | $227,900 |
| 2021 | $3,668 | $342,000 | $159,400 | $182,600 |
| 2020 | $3,115 | $290,800 | $0 | $0 |
| 2019 | $2,641 | $240,000 | $0 | $0 |
| 2018 | $3,206 | $230,700 | $0 | $0 |
| 2017 | $2,584 | $215,500 | $0 | $0 |
| 2016 | $2,609 | $175,200 | $58,000 | $117,200 |
| 2015 | $2,907 | $175,200 | $58,000 | $117,200 |
| 2013 | $2,531 | $164,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nav Narwal
-
Mark Jacobsen
Buyer's Agent in 2020
Mark Jacobsen
Hallmark Homes NW, LLC
(206) 909-3948
3 in this area
46 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1591067
APN: P52199
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.
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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