Sold

Listed by: CENTURY 21 North Homes Realty • Sharon Stokes

Bought with: RexMont Real Estate

$529,000

516 S Anacortes Street S, Burlington, WA 98233

--beds

--baths

2,787sqft

Multi Family

Built in 1923

-- sqft lot

$604,300 Zestimate^®

$190/sqft

$1,934 Estimated rent

Home value

$604,300

$562,000 - $653,000

$1,934/mo

Zestimate^® history

Owner options

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$1,934/mo

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$1,934/mo

Rent Zestimate^®

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$3,181/mo

Est. payment

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$3,181/mo

Est. payment

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What's special

This is a great location for this investment property with a 6.3% cap rate. The duplex unit is 1 bedroom/bath plus a garage additional unit is 6 Bd 1 Ba with all rooms rented separately, with most units having long term renters featuring 2 kitchens 3.5 baths. Most utilities are paid by the landlord. There are separate meters for both units. Coin operated washer & dryer are available in the building. New roof in the last 2 years for these buildings. The excellent location is close to downtown, restaurants, shopping, parks and bus stop with the I-5 corridor just minuets away. 6 parking spaces available off street

Facts & features

Interior

Heating

Baseboard, Forced Air, Stove/Free Standing, Wall Unit(s), Electric, Natural Gas

Cooling

None

Features

Flooring: Ceramic Tile, Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 2,787
Total interior livable area: 2,787 sqft

Property

Parking

Total spaces: 6
Parking features: Open
Covered spaces: 1
Uncovered spaces: 5

Features

Patio & porch: Ceramic Tile, Wall to Wall Carpet
Has view: Yes
View description: Territorial

Lot

Size: 5,614 Square Feet
Dimensions: 54 x 104
Features: Curbs, Paved, Sidewalk

Details

Parcel number: P71829
Zoning description: Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding
Foundation: Poured Concrete
Roof: Composition

Condition

Good
Year built: 1923
Major remodel year: 1988

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: Burlington
Water: Public, Company: PUD

Community & HOA

Community

Subdivision: Burlington

Location

Region: Burlington

Financial & listing details

Price per square foot: $190/sqft
Annual tax amount: $2,700
Date on market: 9/9/2023
Cumulative days on market: 930 days
Listing terms: Conventional

Price history

Date	Event	Price
1/3/2024	Sold	$529,000$190/sqft
Source: NWMLS as distributed by MLS GRID #2140970 Report a problem
11/27/2023	Pending sale	$529,000$190/sqft
Source: NWMLS as distributed by MLS GRID #2140970 Report a problem
11/20/2023	Listed for sale	$529,000$190/sqft
Source: NWMLS as distributed by MLS GRID #2140970 Report a problem
11/8/2023	Pending sale	$529,000$190/sqft
Source: NWMLS as distributed by MLS GRID #2140970 Report a problem
10/9/2023	Price change	$529,000-3.6%$190/sqft
Source: NWMLS as distributed by MLS GRID #2140970 Report a problem
7/19/2023	Listed for sale	$549,000+84.2%$197/sqft
Source: NWMLS as distributed by MLS GRID #NWM2140970 Report a problem
2/28/2018	Sold	$298,000+15.1%$107/sqft
Source: NWMLS as distributed by MLS GRID #1196294 Report a problem
12/2/2005	Sold	$259,000$93/sqft
Source: NWMLS as distributed by MLS GRID #25153907 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: 98233

Nearby homes

Nearby schools

GreatSchools rating

4/10
Lucille Umbarger Elementary School
Grades: K-8Distance: 0.4 mi
6/10
Burlington Edison High School
Grades: 9-12Distance: 0.7 mi
4/10
West View Elementary School
Grades: K-6Distance: 0.8 mi

Schools provided by the listing agent

High: Burlington Edison Hi

Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.