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701 South 1st Street

701 South 1st Street, Mount Vernon, WA 98273
Property in Skagit
701 South 1st Street in Mount Vernon, WA was first built in 1908 and is 116 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. 701 South 1st Street has 12,540 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,227 square feet.

Learn more about the property and building on this page. The roof of the home is made of materials that we aren't sure of. Water for the property is sourced from a municipal system. The property is connected to a sewer system. The property was last sold in Jun 30, 2020 for $1,600,000. That's $2,857.14 per sqft. Prior to that sales transaction, the property was also sold in May 27, 2008 for $860,280. 701 South 1st Street was last assessed in 2023. The total value of the property was assessed at $842,800. Specifically, the land the property is located on was valued at $165,400. While improvements on the property were assessed at a total of $677,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,434. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 560
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,227
  • Total Building Area: 560
  • Gross Building Area: 560
  • Building Area: 560
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 12,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: MOUNT VERNON
  • Land Acres: 0.166
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: DK 3: LOTS 1 AND 2, BLOCK 2, GATES 3RD ADDITION TO MT VERNON, AS PER PLAT RECORDED IN VOLUME 2 OF PLATS, PAGE 86, RECORDS OF SKAGIT COUNTY, WASHINGTON. ALSO THAT PORTION OF LOT 5, BLOCK 2, GATES 3RD ADDITION TO MT VERNON, AS PER PLAT RECORDED IN VOLU

Ownership

  • Current Owner : GILES PROPERTIES LLC
  • Previous Owner : K & A DOWNTOWN APARTMENTS LLC
  • Owner Before Previous Owner: HENRY THOMAS MICHAEL
  • Owner Before Previous Owner 2: HENRY LINDA MARIE
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mount Vernon School District
  • School Tax School District: SD320
  • Census Tract: 952500

Geography

  • Assessors Map Reference: 34N-04E-19-SE
  • Parcel: P52185
  • Block: 2
  • Lot: 1,2
  • Meridian: SEC 19 TWN 34 RNG 04
  • Municipality: MOUNT VERNON
  • Latitude: 48.4181
  • Longitude: -122.339

    Address

  • Full Address: 701 S 1st St
  • Address - House Number: 701
  • Street Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: WA
  • City Name: Mount Vernon
  • Carrier Code: C002
  • 4-Digit Zip Code: 3812
  • Zip Code: 98273

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,434
  • Tax Rate Code Area: 0930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,160,000
  • First Open Lien Mortgage Lender: PEOPLES BANK
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $842,800
  • Market Land Value: $165,400
  • Market Improvement Value: $677,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $842,800
  • Assessed Land Value: $165,400
  • Assessed Improvements Value: $677,400

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11770304828
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202006300130
  • Previous Sale Recording Date: May 30, 2008
  • Previous Sale Contract Date: May 27, 2008
  • Previous Sale Amount: $860,280
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES BANK
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $1,160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK
  • Previous Mortgage Transaction Date: May 30, 2008
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Mount Vernon



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Frequently Asked Questions

What neighborhood is 701 South 1st Street located in?
The 701 South 1st Street is a located in the neighborhood of Skagit in Mount Vernon, Mount Vernon.
What is the average sales price for listings in 701 South 1st Street?
The average sales price for units in 701 South 1st Street is $0 currently.

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