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2125 E Section, Mount Vernon, WA 98273

$590,000

Last sold 12/19/2023 after 165 Days

—
bed
—
bath

House not for sale

About 2125 E Section

Property type House

Neighborhood

Year built 1955

HOA fee $0/month

Lot size 0.27 Acre

Property description

Charming 4 Plex on the Hill in Mount Vernon. 4 - 1Bed/1bath units all nicely refurbished. Located near schools, medical, parks, and services. Do not walk property or disturb tenants. Appointment to view property with a mutually acceptable offer.

Listed by

Listing Agent - Balisa E Koetje

Listing Office - Windermere RE Skagit Valley

Source: NWMLS

MLS#2136422 • last updated 2 years ago

Movoto checked NWMLS for data 19 minutes ago

Overview
Cooling/AC	None
Heating	Baseboard
Levels/Style	Quadruplex
MLS #	2136422
SubType	Multi-Family
Type	Residential Income
Status	Sold
Lot Size (SqFt)	11761
Lot Size (Acres)	0.27
Property Tax	4154
Buying Office	Keller Williams Western Realty
Year Built	1955
Buying Office Phone	866-738-7070
Condition	Good

Interior
Flooring	Laminate
Interior Features	Laminate Hardwood

Exterior
Roof	Composition
# Open Parking Spaces	4
# Carport Spaces	2
# Parking Spaces	6
# Uncovered Spaces	4
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Available, City Of Mount Vernon
Water	Public
Water Company	PUD #1
Power Company	Puget Sound Electrical
Power Production: Type	Electric

Location
County	Skagit
Subdivision	Mt Vernon Hill
Area	835 - Mount Vernon
High School District	Mount Vernon
APN	124767
Directions	I-5 To Kincaid Street Exit. East Up Hill And Right On 15th Street. Left On Section To Property On Corner Of Section And S.21st Court.
Zoning	Multi-Family

Multifamily Details
Net Operating Income	49914
Capitalization Rate	6.3
Expense: Insurance	1480
Expense: Electricity	336
Gross Scheduled Income	59100
Gross Adjusted Income	59100
Total Expenses	9186
Gross Rent Multiplier	13
Nwm_Totalmonthlyincome	4925

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Dec 2023
Public Records
Dec 19, 2023 Sold
$590,000
Dec 2023
MLS # 2136422
Dec 19, 2023 Sold
$590,000 (-25.3%)
Jul 20, 2023 Pending
—
Jul 7, 2023 Listed
$790,000 (+97.5%)
Nov 2020
Public Records
Nov 12, 2020 Sold
$400,000 (+63.1%)
Aug 2013
Public Records
Aug 29, 2013 Sold
$245,280 (+0.1%)
Aug 2013
MLS # 498508
Aug 29, 2013 Sold
$245,000 (-3.9%)
Jun 7, 2013 Listed
$255,000

Year Property taxes Tax assessment
2025
$5,303 +15.9%

$500,900 +12.01%
2024
$4,574 +10.1%

$447,200 +11.55%
2023
$4,154 +0.3%

$400,900 +13.63%
2022
$4,140 +7.9%

$352,800 +16.01%
2021
$3,836 +8.4%

$304,100
2020
$3,537 +11.0%

$304,100 +11.56%
2019
$3,188 -9.9%

$272,600 -2.08%
2018
$3,539 +27.2%

$278,400 +17.02%
2017
$2,783 -1.0%

$237,900 +26.07%
2016
$2,810 +2.1%

$188,700
2014
$2,751

$188,700

2125 E Section
$590K
835 - Mount Vernon
—
98273
$649K +3% y/y
Mount Vernon
$650K -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2101 E Section St, Mount Vernon, WA 98274	$403,000	2/1	928	0.02
1120 S 21st St, Mount Vernon, WA 98274	$485,000	3/1	1,368	0.02
1117 S 21st Ct, Mount Vernon, WA 98274	$506,000	3/2	1,374	0.02
1114 S 21st St, Mount Vernon, WA 98274	$474,000	3/1	1,104	0.03
2133 E Section St, Mount Vernon, WA 98274	$437,000	3/1	1,168	0.03
1115 S 21st Ct, Mount Vernon, WA 98274	$487,000	3/2	1,256	0.04
1118 S 21st Ct, Mount Vernon, WA 98274	$469,000	3/1	1,146	0.04
1108 S 21st St, Mount Vernon, WA 98274	$467,000	2/1	932	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.