NOT LISTED FOR SALE

1610 S 7th St Mount Vernon, WA 98273

Estimated Value: $481,653 - $654,000

6 Beds
2 Baths
2,107 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $471,000 $224 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,364/month

79 Days on Market

Highlights

  • RV Access or Parking
  • Ceramic Tile Flooring
  • Wood Siding
  • Tankless Water Heater
  • Property is Fully Fenced
  • 1-Story Property

About This Home

As of February 2022

Duplex: Live in one side, rent the other! New Furnace. New Carpets. Main unit has 3 beds, 3/4 bath and 1/2 bath off primary. 2nd unit has 1 bed and 3/4 bath. Insulated Shed/Shop. Flat lot with lots of parking and RV power hookup. Front yards, and fenced back yards. Decks. Covered back patio. Durable metal roof, vaulted ceilings. Gas forced air furnaces, plus wood fireplace. Dishwasher. Tankless water heater. Convenient Location. Rambler Duplex.

Last Listed By

Jacob Houvener

AgencyOne License #141144 Listed on: 11/06/2021

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1862407

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,848

Year Built

  • Built in 1951

Lot Details

  • 9,147 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in average condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,107 Sq Ft Home
  • 1-Story Property

Flooring

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

Parking

  • 6 Parking Spaces
  • Open Parking
  • RV Access or Parking

Additional Features

  • Outbuilding
  • Tankless Water Heater

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number P53393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,848

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1951
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2107
  • Special Features: None
  • Cumulative Days on Market: 296

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Tankless Water Heater, Ceramic Tile, Wall to Wall Carpet, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat, Metal
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Slab
  • Property Condition: Average
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Security: PartiallyFenced
  • Utilities: Sewer Connected, Electric, Natural Gas Connected, Wood
  • PowerCompany: PUD
  • SewerCompany: City of Mount Vernon
  • WaterCompany: Skagit Public Utility District
  • WaterSewerGarbage: 4000

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Mount Vernon

Lot Info

  • Parcel Number: P53393
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings,RV Parking
  • MLSLotSizeSource: Zillow
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 170
  • LeasedItems: None
  • TotalMonthlyIncome: 2900

Multi Family

  • Gross Scheduled Income: 34800
  • Net Operating Income: 25069
  • Number Of Units Total: 2
  • Insurance Expense: 466
  • Leasable Area: 2107
  • EnergySource: Electric,Natural Gas,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 100

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3848

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2021
Closed on
Feb 22, 2022
Sold by
Jacob Houvener
Bought by
Jones James Melvin and Jones Christina Marie
Seller's Agent
Jacob Houvener
AgencyOne
Buyer's Agent
Ashley Ratcliff
Fathom Realty WA LLC
List Price
$465,000
Sold Price
$471,000
Premium/Discount to List
$6,000
1.29%
Total Days on Market
79
Current Estimated Value
$541,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,163
Avg. Annual Appreciation
1.20%
Original Mortgage
$462,469
Outstanding Balance
$436,702
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$52,457

Purchase Details

Listed on
Jul 26, 2017
Closed on
Aug 28, 2017
Sold by
Mustappa Robert J and Mustappa Debra L
Bought by
Houevener Jacob
Seller's Agent
Jamie Yantis
Windermere RE Skagit Valley
Buyer's Agent
Gale Houvener
AgencyOne
List Price
$249,000
Sold Price
$257,000
Premium/Discount to List
$8,000
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
Original Mortgage
$192,750
Interest Rate
3.9%

Range of Values:

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Average Value
Not Available
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
Jones James Melvin $471,000 Chicago Title
Houevener Jacob $257,000 Chicago Title Company Of Wa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones James Melvin $462,469
Previous Owner Houevener Jacob $192,750
Previous Owner Mustappa Debra L $143,300
Previous Owner Mustappa Debra L $100,000
Previous Owner Mustappa Debra L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $471,000 +2.6% $224 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/24/2022 01/24/22 Price Changed $459,000 -1.3% $218 / Sq Ft
12/17/2021 12/17/21 For Sale $465,000 -1.3% $221 / Sq Ft
12/14/2021 12/14/21 Off Market $471,000 -- --
12/14/2021 12/14/21 For Sale $465,000 0.0% $221 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/22/2021 11/22/21 Price Changed $465,000 -6.1% $221 / Sq Ft
11/06/2021 11/06/21 For Sale $495,000 +92.6% $235 / Sq Ft
09/05/2017 09/05/17 Sold $257,000 +3.2% $122 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $249,000 -- $118 / 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 $4,129 $399,800 $182,600 $217,200
2023 $4,129 $384,800 $168,800 $216,000
2022 $3,671 $350,300 $143,400 $206,900
2021 $3,848 $297,300 $131,600 $165,700
2020 $3,269 $289,800 $0 $0
2019 $2,793 $239,200 $0 $0
2018 $3,362 $229,600 $0 $0
2017 $2,776 $214,600 $0 $0
2016 $2,811 $174,500 $60,600 $113,900
2015 $2,966 $174,500 $60,600 $113,900
2013 $2,659 $155,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1862407

Northwest Multiple Listing Service (NWMLS)

APN: P53393