Listed by Capstone Commercial, Bought with Hallmark Homes NW, LLC
NOT LISTED FOR SALE

327 N 4th St Mount Vernon, WA 98273

-- Bed
-- Bath
2,990 Sq Ft
6,098 Sq Ft Lot

Last Sold August 17, 2021

Last sale price $1,150,000 $385 Per Sq Ft

131 Days on Market

About This Home

As of August 2021

The Uptowne Suites is an attractive 9 unit building located blocks from Mount Vernon's Old Town shopping and restaurants. Easy access to
I-5. All units have been recently renovated with high-end finishes, including stainless appliances, laminate flooring, quartz counter tops, in units washers & dryers. This low-maintenance buildings offers the new owner the opportunity to achieve immediate rental upside by adding utility bill backs and other income. In addition, the property sits within an Opportunity Zone providing even more potential tax benefits to the new owner.

Last Agent to Sell the Property

Cordon Walken

Capstone Commercial License #86060 Listed on: 03/31/2021

Last Buyer's Agent

Mark Jacobsen

Hallmark Homes NW, LLC License #21001678

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1751728

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,736

Year Built

  • Built in 1907

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Interior Spaces

  • 2,990 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Community Details

  • Mount Vernon Subdivision

Listing and Financial Details

  • Assessor Parcel Number P52228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,736

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1907
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2990
  • Special Features: None
  • Cumulative Days on Market: 443

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: See Remarks
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 6700

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Mount Vernon

Lot Info

  • Parcel Number: P52228
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 8835

Multi Family

  • Gross Scheduled Income: 106020
  • Net Operating Income: 73444
  • Number Of Units Total: 6
  • Insurance Expense: 2500
  • Leasable Area: 2990
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6736

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

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $1,150,000 0.0% $385 / Sq Ft
08/10/2021 08/10/21 Price Changed $1,150,000 0.0% $385 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
06/21/2021 06/21/21 Off Market $1,150,000 -- --
03/31/2021 03/31/21 For Sale $1,150,000 +183.3% $385 / Sq Ft
12/21/2015 12/21/15 Sold $406,000 -4.5% $84 / Sq Ft
10/24/2015 10/24/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $425,000 -- $88 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cordon Walken

    Capstone Commercial

    (206) 324-9412

    1 in this area

    4 Total Sales

    Cordon Walken
    Section Image
  • Mark Jacobsen

    Buyer's Agent in 2021

    Mark Jacobsen

    Hallmark Homes NW, LLC

    (206) 909-3948

    3 in this area

    46 Total Sales

    Mark Jacobsen
    Section Image
  • Sharon Stokes

    Seller's Agent in 2015

    Sharon Stokes

    CENTURY 21 North Homes Realty

    (360) 661-6164

    15 in this area

    36 Total Sales

    Sharon Stokes
    Section Image
  • Anita Kohl

    Seller Co-Listing Agent in 2015

    Anita Kohl

    CENTURY 21 North Homes Realty

    (360) 961-7795

    9 in this area

    23 Total Sales

    Anita Kohl
    Section Image
  • Shannon Woodward

    Buyer's Agent in 2015

    Shannon Woodward

    Windermere Corporate

    (425) 232-2812

    29 Total Sales

    Shannon Woodward
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1751728

Northwest Multiple Listing Service (NWMLS)

APN: 3702-017-010-0106

Washington Skagit County Mount Vernon 98273

327 N 4th St, Mount Vernon, WA

This home is located at 327 N 4th St, Mount Vernon, WA 98273 since 31 March 2021. This property was built in 1907. 327 N 4th St is a home located in Skagit County with nearby schools including Washington Elementary School, La Venture 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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