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    Property profile & analytics

    1318 3rd St Mount Vernon, WA 98273-4942

    • Apartment buildings
    • 4,792 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Jan 22, 2021
    $256,325
    Location Intelligence
    Property ID
    US90-3172869
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1318 3rd St

    Year built
    1910
    Lot size
    0.51 lot acres
    Property size
    4,792 SF
    Property type
    Apartment buildings
    APN
    340430-0-114-0003
    APU
    34043001140003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Skagit
    State
    Washington
    Longitude
    -122.336
    Latitude
    48.4122
    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
    $4,284
    $311,000
    $80,600
    $391,600
    -
    $311,000
    $80,600
    $391,600

    Comparable in this City

    • Value Estimation by Request
      10,976 SF

      215 Stanford Dr, Unit 225

      APARTMENT HOUSE (5+ UNITS) • 10,976 SF
      215 Stanford Dr, Mount Vernon, WA 98273-3585
      View Details
    • Value Estimation by Request
      4,299 SF

      823 3rd St

      APARTMENT HOUSE (5+ UNITS) • 4,299 SF
      823 3rd St, Mount Vernon, WA 98273-4351
      View Details
    • Value Estimation by Request
      4,720 SF

      1215 9th St

      APARTMENT HOUSE (5+ UNITS) • 4,720 SF
      1215 9th St, Mount Vernon, WA 98273-2459
      View Details
    • Value Estimation by Request
      7,983 SF

      725 Hazel St

      APARTMENT HOUSE (5+ UNITS) • 7,983 SF
      725 Hazel St, Mount Vernon, WA 98273-4860
      View Details
    • Value Estimation by Request
      5,084 SF

      422 Laventure Rd

      APARTMENT HOUSE (5+ UNITS) • 5,084 SF
      422 Laventure Rd, Mount Vernon, WA 98273-3579
      View Details
    • Value Estimation
      $3,385,000
      21,084 SF

      1008 2nd St

      APARTMENT HOUSE (5+ UNITS) • 21,084 SF
      1008 2nd St, Mount Vernon, WA 98273-4241
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Mount Vernon Office Space Available

      Prime Office Space, I-5 Access
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      View Details
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    1318 3rd St
    Mount Vernon, WA 98273-4942
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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