700 1stMount Vernon, WA 98273

  • Office properties
  • 12,470 SF
Off market
$804,000 Estimated

Property Details for 700 1st

Year built
1893
Lot size
0.18 AC
Property size (Sq ft)
12,470 SF
Property type
Office properties
Property subtype
Office buildings
APN
340419-0-270-0008
APU
34041902700008

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,374,413
    6.5%
    $3,114,842
    7%
    $2,892,354
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,344,004
    Geo Method
    $2,401,472
  • Alternative Use

    Use
    Valuation
    Residential
    $3,862,405
    Hospitality
    $3,537,942
    Educational
    $2,943,526
    Medical
    $3,044,758
    Retail
    $4,578,818
700 1st, Mount Vernon, Washington

Location Insight

City
Mount Vernon
County
Skagit
State
Washington
Latitude
48.4179
Longitude
-122.338
CBSA code
34580
CBSA name
MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,725
$207,000
$597,000
$804,000
-
$207,000
$597,000
$804,000

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