Listed by Tucker Realty ERA Powered, Bought with Windermere RE North, Inc.
NOT LISTED FOR SALE

400 N 21st St Unit 402 Mount Vernon, WA 98273

Estimated Value: $503,773 - $527,000

4 Beds
1 Bath
1,864 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $291,000 $156 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,159/month

10 Days on Market

Highlights

  • Territorial View
  • Wall to Wall Carpet
  • 1-Story Property
  • High Speed Internet

About This Home

As of September 2018

Nice single level duplex with long rental history. Each unit has 2 bedrooms and a full bath. Nice carport with plenty of off street parking. Must see this property. Great investment opportunity in Mount Vernon. New roof, fresh paint 2 years ago. Unit 402 was totally gutted and remodeled in 2014. Both furnaces done within last 10 years.

Last Agent to Sell the Property

Erik Morris

Tucker Realty ERA Powered License #126246 Listed on: 08/10/2018

Co-Listed By

John Whitney

NextHome Preview Properties License #31078

Last Buyer's Agent

Lande Team Real Estate

Windermere RE North, Inc. License #92989

Windermere RE North, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1344555

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 1974

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Mount Vernon Subdivision

Listing and Financial Details

  • Assessor Parcel Number P52297

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,975

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1864
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 342

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 2700

Schools

  • Junior High Dist: Mount Vernon

Lot Info

  • Parcel Number: P52297
  • Lot Size Acres: 0.2
  • Lot Size: 8712
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 1890

Multi Family

  • Gross Scheduled Income: 22680
  • Net Operating Income: 14255
  • Number Of Units Total: 6
  • Insurance Expense: 800
  • Leasable Area: 1864
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 14, 2018
Sold by
Watenabe Toshihiro and Giradot Jeanne
Bought by
Martin James G and Martin Barbara J
Seller's Agent
Erik Morris
Tucker Realty ERA Powered
Buyer's Agent
Lande Team Real Estate
Windermere RE North, Inc.
List Price
$279,950
Sold Price
$291,000
Premium/Discount to List
$11,050
3.95%
Current Estimated Value
$511,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,194
Avg. Annual Appreciation
8.63%
Original Mortgage
$232,800
Outstanding Balance
$205,086
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$308,357

Purchase Details

Closed on
Dec 23, 2005
Sold by
Gaines Irene L
Bought by
Watanabe Toshihiro and Watanabe Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,168
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 2005
Sold by
Baker James W and Greenfield Gregory R
Bought by
Gaines Irene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
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
Martin James G $291,000 Guardian Northwest Title Co
Watanabe Toshihiro $232,247 Chicago Title Insurance Co
Gaines Irene L $215,000 Land Title Company Of Skagit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin James G $232,800
Previous Owner Watanabe Toshihiro $46,168
Previous Owner Watanabe Toshihiro $162,400
Previous Owner Gaines Irene L $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $291,000 +3.9% $156 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $279,950 -- $150 / 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 $4,033 $412,700 $224,000 $188,700
2023 $4,033 $394,300 $206,600 $187,700
2022 $3,579 $355,200 $175,500 $179,700
2021 $3,394 $304,900 $160,900 $144,000
2020 $3,226 $269,000 $0 $0
2019 $2,548 $248,600 $0 $0
2018 $2,975 $222,500 $0 $0
2017 $2,341 $200,000 $0 $0
2016 $2,363 $158,700 $67,200 $91,500
2015 $2,788 $158,700 $67,200 $91,500
2013 $2,428 $157,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1344555

Northwest Multiple Listing Service (NWMLS)

APN: P52297