Listed by Pike Real Estate, Bought with La Conner Realty
NOT LISTED FOR SALE

Estimated Value: $653,000 - $897,000

3 Beds
2 Baths
2,858 Sq Ft
$274/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2022

Last sale price $765,000 $268 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,004 / mo

16 Days on Market

Highlights

  • RV Access or Parking
  • 0.37 Acre Lot
  • Engineered Wood Flooring
  • Bay View
  • Deck
  • Corner Lot

About This Home

As of June 2022

Amazing opportunity to own this legally zoned duplex in the heart of a quiet, established residential neighborhood on Mt Vernon hill. Excellent for the off-site investor or savvy owner-occupied buyer who wants to live in one unit and rent the other to pay their mortgage. The spacious 3bed / 2bth upper level is ready for your simple cosmetic upgrades like paint & carpet, the 2bed / 1bth lower-level has been tastefully updated already. Both units have large 2 car garages, upper level also has extended parking and RV parking! So much here that you just won't find in any other investment: superb location, fenced yard, tons of parking & storage, extra-large living areas and even sunset views looking all the way out to Padilla Bay & Mt. Erie!

Last Agent to Sell the Property

Seth Pike

Pike Real Estate License #23486 Listed on: 04/08/2022

Last Buyer's Agent

Meg Bossie

La Conner Realty License #7737

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1912706

Northwest Multiple Listing Service (NWMLS)

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,386

Year Built

  • Built in 1994

Lot Details

  • 16,117 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Property Views

  • Bay
  • Strait Views
  • City
  • Mountain

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,858 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Mount Vernon High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mt Vernon Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number P27492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,386

Year Built

Built in 1994

Lot Details

0.37 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1994
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 2858
  • SOCComments: (minus any concessions to Buyer)
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s), See Remarks, Strait
  • Lot Features: Corner Lot, Curbs, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 9

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of MV
  • WaterCompany: PUD

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mount Vernon
  • High School: Mount Vernon High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: P27492
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Assessor Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17.7
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5386

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Natural Gas
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 25, 2022
Sold by
Bought by
Seller's Agent
Seth Pike
Pike Real Estate
Buyer's Agent
Meg Bossie
La Conner Realty
List Price
$765,000
Sold Price
$765,000
Current Estimated Value
$782,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,046
Avg. Annual Appreciation
0.53%
Original Mortgage
$573,750
Outstanding Balance
$536,971
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$245,075
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $573,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/14/2022 06/14/22 Sold $765,000 0.0% $268 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $765,000 -- $268 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,567 $767,500 $226,800 $540,700
2024 $6,377 $643,300 $224,000 $419,300
2023 $6,377 $623,700 $206,600 $417,100
2022 $5,641 $575,000 $175,500 $399,500
2021 $5,386 $480,900 $160,900 $320,000
2020 $5,146 $427,100 $0 $0
2019 $4,244 $396,800 $0 $0
2018 $4,952 $370,700 $0 $0
2017 $3,895 $332,900 $0 $0
2016 $3,933 $264,100 $67,200 $196,900
2015 $4,080 $264,100 $67,200 $196,900
2013 $3,552 $231,000 $0 $0
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1912706

Northwest Multiple Listing Service (NWMLS)

APN: P27492

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