One of a kind investment opportunity! Centrally located in Mt Vernon, just minutes from I-5, High School, Hospital, College, shops and restaurants! This easily self-managed property with minimal expenses has unmatched character and charm. Current CAP rate at 5.3%, NOI $27,901 is under market and owner currently pays all expenses! Tenants only pay rent! Building has extra space that could increase rents by $700/mo. NEW sewer installed and many upgrades. Perfect combination of location and income!
Sold for $560,000
$560,000
414 E Lawrence St, Mount Vernon, WA 98273
--beds
0baths
2,626sqft
MultiFamily
Built in 1927
-- sqft lot
$603,000 Zestimate®
$213/sqft
$2,067 Estimated rent
Home value
$603,000
$573,000 - $633,000
$2,067/mo
Zestimate® history
Owner options
List your home for rent
$2,067/mo
Rent Zestimate®
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$2,067/mo
Rent Zestimate®
Refinance and save
$3,359/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,359/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Other, Electric, Gas, Wood / Pellet
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Softwood, Tile, Hardwood, Linoleum / Vinyl
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,626 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street, On-street
Features
- Exterior features: Stucco, Wood
- Has view: Yes
- View description: Territorial, City, Mountain
Lot
- Size: 4,356 sqft
Details
- Parcel number: 37640070200100
Construction
Type & style
- Home type: MultiFamily
Materials
- concrete
- Foundation: Concrete
- Roof: Composition
Condition
- Year built: 1927
Community & neighborhood
Location
- Region: Mount Vernon
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2023 | Sold | $560,000+14.5%$213/sqft |
Source: Public Record Report a problem | ||
| 2/22/2021 | Sold | $489,000-2.2%$186/sqft |
Source:  NWMLS as distributed by MLS GRID #1711170 Report a problem | ||
| 7/1/2019 | Sold | $500,000-4.8%$190/sqft |
Source: NWMLS as distributed by MLS GRID #1453113 Report a problem | ||
| 6/15/2019 | Pending sale | $525,000$200/sqft |
Source: John L Scott Real Estate #1453113 Report a problem | ||
| 5/8/2019 | Price change | $525,000+5.2%$200/sqft |
Source: John L Scott Real Estate #1453113 Report a problem | ||
| 8/11/2018 | Price change | $499,000-9.1%$190/sqft |
Source: John L Scott Real Estate #1288696 Report a problem | ||
| 5/10/2018 | Listed for sale | $549,000+15.6%$209/sqft |
Source: John L Scott Real Estate #1288696 Report a problem | ||
| 9/12/2017 | Listing removed | $475,000$181/sqft |
Source: John L Scott Real Estate #1028526 Report a problem | ||
| 7/12/2017 | Price change | $475,000-9.7%$181/sqft |
Source: John L Scott Real Estate #1028526 Report a problem | ||
| 12/24/2016 | Price change | $525,800+5.2%$200/sqft |
Source: John L Scott Real Estate #1028526 Report a problem | ||
| 9/16/2016 | Listed for sale | $499,950$190/sqft |
Source: John L Scott Real Estate #1028526 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,216 +7.2% | $492,700 +3.5% |
| 2023 | $4,867 +7.6% | $475,900 +9% |
| 2022 | $4,525 | $436,700 +21% |
| 2021 | -- | $361,000 +2.2% |
| 2020 | $3,785 +22.9% | $353,400 +21.2% |
| 2019 | $3,079 -15.4% | $291,700 +8.5% |
| 2018 | $3,637 +24% | $268,900 +10% |
| 2017 | $2,932 -1% | $244,500 +23% |
| 2016 | $2,960 +6.6% | $198,800 |
| 2015 | $2,776 +0.5% | $198,800 +10.7% |
| 2013 | $2,762 | $179,600 |
| 2012 | $2,762 -0.3% | $179,600 -5.2% |
| 2011 | $2,771 | $189,400 -11.5% |
| 2010 | $2,771 -13.4% | $214,000 -24.2% |
| 2009 | $3,200 +4.9% | $282,500 |
| 2008 | $3,050 | $282,500 |
| 2007 | $3,050 +36.3% | $282,500 +72.5% |
| 2003 | $2,237 -1.1% | $163,800 |
| 2002 | $2,261 +2.3% | $163,800 |
| 2001 | $2,209 +36.4% | $163,800 +40.7% |
| 2000 | $1,619 | $116,400 |
Find assessor info on the county website
Neighborhood: West Hill
Nearby schools
GreatSchools rating
- 5/10Jefferson Elementary SchoolGrades: K-5Distance: 1.3 mi
- 3/10Mount Baker Middle SchoolGrades: 6-8Distance: 1.2 mi
- 5/10Mount Vernon High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- High: Mount Vernon High
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Skagit County
- Mount Vernon
- 98273
- West Hill
- 414 E Lawrence St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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