Listed by COMPASS
NOT LISTED FOR SALE

321 E Lawrence St Mount Vernon, WA 98273

Estimated Value: $478,470 - $577,000

-- Bed
2 Baths
1,684 Sq Ft
$305/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $236,500 $140 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,048/month

7 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • Wood Siding

About This Home

As of September 2016

DO NOT DISTURB OCCUPANTS. Great investment opportunity on the Hill in Mount Vernon. Walking distance to dining and the nearby hospital. Remodeled in the 90's. Both units are 2 bedroom 1 bath. Downstairs unit features hardwood flooring, spacious kitchen, covered porch, and gas fireplace. Upstairs unit is also a 2 bed 1 bath with loads of charm and character. Perfect property to buy as an owner occupy one unit with rental or perfect property to add to your investment portfolio.

Last Agent to Sell the Property

Shawn Danley

COMPASS License #22001643 Listed on: 08/17/2016

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1015508

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 1916

Lot Details

  • 4,800

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,684 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Additional Features

  • 4,800 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • Mt Vernon Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number P52575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,319

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1916
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1684
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Mount Vernon
  • WaterCompany: Skagit PUD
  • WaterSewerGarbage: 1200

Schools

  • Junior High Dist: Mount Vernon

Lot Info

  • Parcel Number: P52575
  • Lot Size Acres: 0.1102
  • Lot Size Sq Ft: 4800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1675

Multi Family

  • Gross Scheduled Income: 1675
  • Net Operating Income: 15381
  • Number Of Units Total: 6
  • Insurance Expense: 600
  • Leasable Area: 1684
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2319

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Lum William Ky and Lum Stephanie T
Bought by
Lum Amrcus Ag
Current Estimated Value
$514,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$248,792
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,576

Purchase Details

Listed on
Aug 17, 2016
Closed on
Sep 12, 2016
Sold by
Sward Eric S
Bought by
Lum William Ky and Lum Stephanie T
Seller's Agent
Shawn Danley
COMPASS
List Price
$229,900
Sold Price
$236,500
Premium/Discount to List
$6,600
2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lum Amrcus Ag -- Chicago Title
Lum William Ky $236,500 Chicago Title Company Of Wa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lum Amrcus Ag $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $236,500 +2.9% $140 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $229,900 -- $137 / 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 $3,850 $385,100 $169,800 $215,300
2023 $3,850 $376,400 $162,300 $214,100
2022 $3,301 $343,000 $137,900 $205,100
2021 $3,226 $281,200 $116,900 $164,300
2020 $3,094 $255,700 $0 $0
2019 $2,550 $238,400 $0 $0
2018 $2,966 $222,700 $0 $0
2017 $2,618 $199,400 $0 $0
2016 $2,319 $177,500 $86,000 $91,500
2015 $2,337 $155,700 $75,400 $80,300
2013 $2,325 $151,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1015508

Northwest Multiple Listing Service (NWMLS)

APN: P52575