NOT LISTED FOR SALE

321 N 4th St Unit A-D Mount Vernon, WA 98273

Estimated Value: $569,000 - $745,000

2 Beds
2 Baths
2,891 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $510,000 $176 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,946/month

8 Days on Market

Highlights

  • River View
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of June 2021

Exciting opportunity for investors! Tri-plex plus extra home on one lot. Triplex has 3 one bedroom units; home has 2 bedrooms. There is some deferred maintenance but the structure appears solid and the tenants would like to stay. One car garage plus a large yard w/ additional uncovered parking. View of river from the 2 bedroom home. Triplex has 3 one bedroom units. Unfinished basement area & potting shed could add to square footage to improve financials. Close to shopping, downtown & freeway access. You won't want to miss this!

Last Agent to Sell the Property

Carol Cattle

Windermere Real Estate Whatcom License #44601 Listed on: 05/20/2021

Windermere Real Estate Whatcom

Last Buyer's Agent

Carol Cattle

Windermere Real Estate Whatcom License #44601 Listed on: 05/20/2021

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1775395

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,645

Year Built

  • Built in 1917

Lot Details

  • 9,581 Sq Ft Lot
  • Property is in good condition

Property Views

  • River
  • Territorial

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,891 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 1 Covered Space
  • Open Parking

Community Details

  • Mount Vernon Subdivision

Listing and Financial Details

  • Assessor Parcel Number P52226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,645

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1917
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2891
  • SOCComments: Thank you for showing!
  • Special Features: None
  • Cumulative Days on Market: 281

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: River, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of MV
  • WaterCompany: City of Mt Vernon
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Mount Vernon

Lot Info

  • Parcel Number: P52226
  • Lot Size Acres: 0.2199
  • Lot Size Sq Ft: 9581
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Shop
  • MLSLotSizeSource: SCAR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3265

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4645

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 2891
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 11, 2021
Sold by
Young Henry R and Young Diana L
Bought by
Galiant Austin and Galiant Amy D
Seller's Agent
Carol Cattle
Windermere Real Estate Whatcom
Buyer's Agent
Carol Cattle
Windermere Real Estate Whatcom
List Price
$399,500
Sold Price
$510,000
Premium/Discount to List
$110,500
27.66%
Total Days on Market
8
Current Estimated Value
$628,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,225
Avg. Annual Appreciation
5.38%

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 10, 2021
Sold by
Young Henry R and Young Diana L
Bought by
Gallant Austin and Gallant Amy D
Seller's Agent
Carol Cattle
Windermere Real Estate Whatcom
Buyer's Agent
Carol Cattle
Windermere Real Estate Whatcom
List Price
$399,500
Sold Price
$510,000
Premium/Discount to List
$110,500
27.66%
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
Galiant Austin $510,000 Chicago Title
Gallant Austin $510,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallant Austin D $635,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $510,000 +27.7% $176 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $399,500 -- $138 / 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 $5,031 $519,400 $242,900 $276,500
2023 $5,031 $492,000 $217,000 $275,000
2022 $4,276 $434,600 $171,300 $263,300
2021 $4,645 $364,400 $153,400 $211,000
2020 $3,944 $368,300 $0 $0
2019 $3,350 $304,000 $0 $0
2018 $4,063 $292,600 $0 $0
2017 $3,274 $273,100 $0 $0
2016 $3,306 $222,000 $71,200 $150,800
2015 $3,623 $222,000 $71,200 $150,800
2013 $3,154 $205,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1775395

Northwest Multiple Listing Service (NWMLS)

APN: P52226