NOT LISTED FOR SALE

731 N 4th St Mount Vernon, WA 98273

Estimated Value: $488,368 - $578,000

5 Beds
2 Baths
2,216 Sq Ft
$242/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $455,000 $205 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,361/month

4 Days on Market

Highlights

  • Deck
  • Patio
  • Wood Siding
  • Thermal Windows
  • Ceramic Tile Flooring

About This Home

As of October 2020

Excellent cash flow from this remodeled up/down duplex. Upper unit is 2 bedrooms with high ceilings and nice classic touches. Lower unit is 3 bedrooms and vacant for viewing. Both units have all new vinyl windows, floor coverings, and paint. Brand new roof! Updated plumbing and wiring. Units are separately metered for gas and electricity. Storage area and a nice shed. Small grassy area in the back. Plenty of off street parking. Units can be connected via an interior door if desired for a MIL.

Last Agent to Sell the Property

Geoff Arthur

Northwest Realty Assoc., LLC License #23088 Listed on: 09/04/2020

Last Buyer's Agent

Charles Eckardt

Coldwell Banker Bain License #126451

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1655515

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,158

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,216 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • Mount Vernon Subdivision

Listing and Financial Details

  • Assessor Parcel Number P26579

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,158

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1920
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2216
  • Special Features: VirtualTour
  • Cumulative Days on Market: 273

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Mount Vernon
  • WaterCompany: PUD
  • WaterSewerGarbage: 2434

Schools

  • Junior High Dist: Mount Vernon

Lot Info

  • Parcel Number: P26579
  • Lot Size Acres: 0.1148
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,Outbuildings,Patio
  • MLSLotSizeSource: Legal
  • ZoningJurisdiction: City
  • ZoningClass: Commercial

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2750

Multi Family

  • Gross Scheduled Income: 33000
  • Net Operating Income: 26593
  • Number Of Units Total: 2
  • Insurance Expense: 815
  • Leasable Area: 2216
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 29, 2020
Sold by
Arthur Geoffrey H and Ricketts Arthur Susan
Bought by
Johnson Tracey and Johnson Melissa
Seller's Agent
Geoff Arthur
Northwest Realty Assoc., LLC
Buyer's Agent
Charles Eckardt
Coldwell Banker Bain
List Price
$443,000
Sold Price
$455,000
Premium/Discount to List
$12,000
2.71%
Total Days on Market
4
Current Estimated Value
$536,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,592
Avg. Annual Appreciation
3.66%
Original Mortgage
$455,000
Outstanding Balance
$409,477
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$127,115

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 27, 2020
Sold by
Arthur Geoffrey H and Arthur Susan
Bought by
Johnson Tracey and Johnson Melissa
Seller's Agent
Geoff Arthur
Northwest Realty Assoc., LLC
Buyer's Agent
Charles Eckardt
Coldwell Banker Bain
List Price
$443,000
Sold Price
$455,000
Premium/Discount to List
$12,000
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$409,477
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$127,115

Purchase Details

Closed on
Oct 20, 2010
Sold by
Northwest Realty Ventures Llc
Bought by
Arthur Geoffrey H and Ricketts Arthur Susan

Purchase Details

Closed on
Dec 31, 2007
Sold by
Arthur Geoffrey H and Ricketts Arthur Susan
Bought by
4Th Street Manor Llc

Purchase Details

Closed on
Dec 29, 2006
Sold by
Arthur Geoffrey H and Ricketts Arthur Susan
Bought by
Northwest Realty Ventures Llc

Purchase Details

Closed on
Jan 28, 2005
Sold by
Pollock Mark A and Pollock Lynne L
Bought by
Arthur Geoffrey H and Ricketts Arthur Susan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Tracey $455,000 Land Title & Escrow
Johnson Tracey $7,285,000 Land Title
Arthur Geoffrey H -- None Available
4Th Street Manor Llc -- None Available
Northwest Realty Ventures Llc -- None Available
Northwest Realty Ventures Llc -- None Available
Arthur Geoffrey H $220,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Tracey $40,000
Open Johnson Tracey $455,000
Previous Owner Northwest Realty Ventures Llc $50,000
Previous Owner Arthur Geoffrey H $176,000
Previous Owner Pollock Mark $168,000
Closed Arthur Geoffrey H $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $455,000 +2.7% $205 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $443,000 -- $200 / 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 $4,189 $425,300 $183,400 $241,900
2023 $4,189 $409,500 $168,900 $240,600
2022 $3,638 $373,900 $143,500 $230,400
2021 $3,715 $310,000 $125,400 $184,600
2020 $3,158 $294,500 $0 $0
2019 $2,498 $243,300 $0 $0
2018 $2,969 $218,200 $0 $0
2017 $2,394 $199,600 $0 $0
2016 $2,417 $162,300 $68,000 $94,300
2015 $2,760 $162,300 $68,000 $94,300
2013 $2,403 $156,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1655515

Northwest Multiple Listing Service (NWMLS)

APN: P26579