Seller's Agent in 2022
Erik Pedersen
Pettruzzelli Inc
(360) 391-1935
347 Total Sales
Listed by Elite Edge Real Estate, Inc, Bought with Pettruzzelli Inc
507 N 1st St Unit A-C Mount Vernon, WA 98273
--
Bed
--
Bath
3,472
Sq Ft
8,712
Sq Ft Lot
Highlights
- Deck
- Wood Siding
- Wall to Wall Carpet
- Territorial View
About This Home
As of March 2022Seize the very favorable CAP rate. Triplex with good rental history, and offering possible fourth unit in unfinished condition/separate meters for your creativity. Property abuts I-5 so noise is present, but this has not impacted the occupancy rate. Owner currently occupies Unit A, thus CAP Rate is approx. 10% with this unit included. One unit fresh remodel, another in 2017. New roof in 2017.
Last Agent to Sell the Property
Jeff Ottesen
Elite Edge Real Estate, Inc License #122813 Listed on: 11/06/2019
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1538766
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,055
Year Built
- Built in 1922 | Remodeled
Home Design
- Triplex
- Block Foundation
- Slab Foundation
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3,472 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Parking
- 6 Parking Spaces
- Open Parking
Additional Features
- Deck
- 8,712 Sq Ft Lot
- Cable TV Available
Community Details
- Mt Vernon Hill Subdivision
Listing and Financial Details
- Assessor Parcel Number P26529
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2022
Closed on
Feb 25, 2022
Sold by
Lauter David M
Bought by
Rivera Doroteo and Rivera Jennifer
Seller's Agent
Erik Pedersen
Pettruzzelli Inc
Buyer's Agent
Tri Nguyen
eXp Realty
List Price
$660,000
Sold Price
$690,000
Premium/Discount to List
$30,000
4.55%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,005
Avg. Annual Appreciation
-2.98%
Original Mortgage
$250,000
Outstanding Balance
$234,774
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$390,538
Purchase Details
Listed on
Nov 6, 2019
Closed on
Jan 2, 2020
Sold by
Robison Benjamin L
Bought by
Lauter David M
Seller's Agent
Jeff Ottesen
Elite Edge Real Estate, Inc
Buyer's Agent
Erik Pedersen
Pettruzzelli Inc
List Price
$445,000
Sold Price
$465,500
Premium/Discount to List
$20,500
4.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.99%
Purchase Details
Listed on
May 10, 2017
Closed on
Aug 3, 2017
Sold by
Mehrmann Charles and Mehrmann Lisa
Bought by
Robison Benjamin L
Seller's Agent
John Angier
Coldwell Banker Bain
Buyer's Agent
Frazier Robison
eXp Realty
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.34%
Original Mortgage
$357,418
Interest Rate
3.96%
Mortgage Type
VA
Purchase Details
Closed on
Feb 28, 2005
Sold by
Nicholas Cheryl A
Bought by
Mehrmann Charles and Mehrmann Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,800
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $690,000 | Guardian Northwest Title | |
| Warranty Deed | $465,500 | Guardian Northwest Title Co | |
| Warranty Deed | $346,000 | Guardian Northwest Title | |
| Warranty Deed | $237,101 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Previous Owner | $357,418 | VA | |
| Previous Owner | $177,800 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2022 03/01/22 | Sold | $690,000 | +4.5% | $268 / Sq Ft |
| 01/26/2022 01/26/22 | Pending | -- | -- | -- |
| 01/20/2022 01/20/22 | For Sale | $660,000 | +41.8% | $256 / Sq Ft |
| 01/02/2020 01/02/20 | Sold | $465,500 | +4.6% | $134 / Sq Ft |
| 11/10/2019 11/10/19 | Pending | -- | -- | -- |
| 11/06/2019 11/06/19 | For Sale | $445,000 | +34.8% | $128 / Sq Ft |
| 08/04/2017 08/04/17 | Sold | $330,000 | -2.9% | $116 / Sq Ft |
| 05/17/2017 05/17/17 | Pending | -- | -- | -- |
| 05/10/2017 05/10/17 | For Sale | $340,000 | -- | $120 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $5,611 | $575,200 | $233,400 | $341,800 |
| 2023 | $5,611 | $548,700 | $208,700 | $340,000 |
| 2022 | $4,792 | $490,600 | $165,000 | $325,600 |
| 2021 | $4,210 | $408,400 | $147,500 | $260,900 |
| 2020 | $3,573 | $333,800 | $0 | $0 |
| 2019 | $3,055 | $275,400 | $0 | $0 |
| 2018 | $3,689 | $266,800 | $0 | $0 |
| 2017 | $2,973 | $248,000 | $0 | $0 |
| 2016 | $3,002 | $201,600 | $54,200 | $147,400 |
| 2015 | $3,287 | $201,600 | $54,200 | $147,400 |
| 2013 | $2,862 | $186,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erik Pedersen
-
Tri Nguyen
T
Buyer's Agent in 2022
Tri Nguyen
eXp Realty
(206) 899-5155
23 Total Sales
-
Seller's Agent in 2020
Jeff Ottesen
RE/MAX
(360) 202-7054
-
John Angier
Seller's Agent in 2017
John Angier
Coldwell Banker Bain
(360) 527-6606
78 Total Sales
-
Ben Kinney
Seller Co-Listing Agent in 2017
Ben Kinney
Keller Williams Western Realty
(650) 704-2565
852 Total Sales
-
Frazier Robison
Buyer's Agent in 2017
Frazier Robison
eXp Realty
(360) 219-8274
4 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1538766
APN: P26529
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.
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. ©2025 NWMLS.
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