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2302 E College Way, Mount Vernon, WA, 98274

$1,450,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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2302 E College Way, Mount Vernon$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year Built1956
ViewTerritorial
MLS #2227916
Lot Size1.45 Acres
StatusActive

About 2302 E College Way

This is a unique opportunity to develop multi-unit housing right across from Skagit Valley College. The property currently has three houses that generate rental income, while you can plan the property's highest and best use. The city of Mt. Vernon encourages the development of multi-story units, retail spaces, and mixed-use buildings such as apartments. There is a sewer line located across the back third of the property.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Stories: 1

Listing Office:

  • Office Name: Brown McMillen Real Estate
  • Listing Agent: Ron L Wortham

Interior Features

Interior Information:

  • Flooring Type: Laminate, Vinyl
  • Interior: Laminate

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Wood

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 1.45 Acres

School Info

Assigned Schools Information:

  • Mount Baker Middle School, Public District Grades 7-8
  • Madison Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: East on College Way, Right past McDonalds. On the Right. 3 houses in a row.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000

Tax Information:

  • Annual Amount: $3,471
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Mount Vernon, WA.

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Mount Vernon, WA

City

Med. Sold Price

$559.6K

Med. Price/SqFt

$332

Avg. Days On Market

27

# of Sold Homes

30

2302 E College Way vs Mount Vernon

9 DAYS ON ROCKET

-18 Days

$1,450,000

+$890.3K More

KEY TAKEAWAY

This property is $890.3K more than the Median Sold Price in Mount Vernon, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2227916

Listing Office:

  • Office Name: Brown McMillen Real Estate
  • Listing Agent: Ron L Wortham

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 2:47:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,471$275,100
2019$3,329$256,600
2018$2,673$233,500
2017$3,051$205,100

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5827474
2
/10

  • Madison Elementary School

  • 907 E Fir St

  • 0.88 miles

  • Public District Grades KG-6

Middle School

school-card-donut-5827475
3
/10

  • Mount Baker Middle School

  • 2310 E Section St

  • 1.50 miles

  • Public District Grades 7-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,683. The most common annual income of people living in Mount Vernon, WA is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2302 E College Way

What is the listing price of this property?

The listing price of 2302 E College Way property is $1,450,000.

What type of property is this?

The property 2302 E College Way is a house located in Mount Vernon, Washington, 98274.

Is this property for sale now?

Active Listing: 2302 E College Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2302 E College Way are:
Madison Elementary School: GreatSchools Rating 2/10
Mount Baker Middle School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,471 (source: MLS/based on county public records data).

What is the square footage of this property?

The sq. ft. of 2302 E College Way is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 2302 E College Way is 1956.

Rocket Homes›Washington›Skagit County›Mount Vernon›98274›2302 E College Way

This home is located at 2302 E College Way in Mount Vernon, WA and zip code 98274. This home, which was built in 1956, sits on a 1.45 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $1,450,000.

Mount Vernon, WA housing market in April 2024 saw over 14 listings sold above listed price, more than 7 sold at listed price and over 9 sold below. The number of homes for sale in Mount Vernon, WA increased by 5.5% between March 2024 and April 2024. While the average time on the market in April 2024 was 27 days, the median list price was $559,620.

From Rocket Homes Real Estate and based on county public records data.

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