Listed by RealTrust Properties, Bought with RE/MAX Gateway
NOT LISTED FOR SALE

725-1/2 Garfield St Mount Vernon, WA 98273

Estimated Value: $441,000 - $494,000

3 Beds
2 Baths
1,692 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $270,000 $160 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,787/month

55 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Property is Fully Fenced
  • Deck
  • Cul-De-Sac
  • 3-minute walk to Edgewater Park

About This Home

As of December 2019

Centrally located 3 bedroom home, 1 full bath , full size unfinished basement with a 1959 10 x 46 460 sq ft single wide mobile home on property. Front and back entrance. Room for extra potential. Large deck. Tucked in by tree's. One car basement parking. Two storage rooms in the basement with laundry area. Short distance to down town Mount Vernon River Walk.

Last Agent to Sell the Property

Sylvia Cuevas

RealTrust Properties License #125579 Listed on: 10/08/2019

Last Buyer's Agent

Nicole Haun

RE/MAX Gateway License #116015

RE/MAX Gateway

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1543461

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1947

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,692 Sq Ft Home
  • 2-Story Property
  • City Views

Flooring

  • Wood
  • Vinyl

Parking

  • 4 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • West Mount Vernon Subdivision

Listing and Financial Details

  • Assessor Parcel Number P52875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,374

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1947
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1692
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 413

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Forced Air, Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Mount Vernon
  • WaterCompany: Skagit PUD
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: P52875
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Gas Available
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

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

Multi Family

  • Gross Scheduled Income: 18550
  • Net Operating Income: 18550
  • Number Of Units Total: 2
  • Insurance Expense: 550
  • Leasable Area: 1300
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2374

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 26, 2019
Sold by
Cuevas Ricardo
Bought by
Johnson Brendan and Endres Ashley
Seller's Agent
Sylvia Cuevas
RealTrust Properties
Buyer's Agent
Nicole Haun
RE/MAX Gateway
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$455,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,705
Avg. Annual Appreciation
9.54%
Original Mortgage
$189,000
Outstanding Balance
$168,716
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$284,027

Purchase Details

Closed on
May 29, 2019
Sold by
Cuevas Migel
Bought by
Cuevas Ricardo

Purchase Details

Closed on
Dec 26, 2013
Sold by
Cuevas Vicente and Cuevas Marina F
Bought by
Cuevas Ricardo and Cuevas Migel
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
Johnson Brendan $270,000 Land T&E Of Skagit & Island
Cuevas Ricardo -- Accommodation
Cuevas Ricardo -- Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Brendan $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $270,000 0.0% $160 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $270,000 -- $160 / 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 $3,706 $373,700 $208,000 $165,700
2023 $3,706 $332,600 $183,700 $148,900
2022 $3,426 $342,100 $190,100 $152,000
2021 $3,165 $264,900 $124,300 $140,600
2020 $2,952 $226,800 $0 $0
2019 $2,374 $204,900 $0 $0
2018 $2,518 $182,800 $0 $0
2017 $2,156 $151,900 $0 $0
2016 $2,080 $129,700 $59,000 $70,700
2013 $2,178 $123,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1543461

Northwest Multiple Listing Service (NWMLS)

APN: P52875