Financial
Distress signals
Property profile

401 Stanford Dr 403 Mount Vernon, WA 98273

OFF-MARKET
Other apartment buildings
Property ID
US90-0750268
6,048 SF 0.97 ac lot Built 1977
Last sale Sep 2000 · $1,483,333
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a multi-family apartment complex consisting of 45 units in four buildings on two corner lots totaling 1.95 acres, totaling 23,922 square feet. The unit mix includes 44 one-bedroom, one-bath units and one three-bedroom, 3.5-bath unit. The complex includes an on-site management office and three coin-operated laundry facilities. Parking is primarily uncovered, with a two-car garage provided for the three-bedroom unit; the property is partially fenced. The buildings were originally

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$23k
Tax billed · 2022
Assessed value · 2021$1.94M
Assessed land$1.26M
Assessed improvement$680k
Effective rate1.17%

Value estimate

· Sep 2026
$545k
$491k – $600k
AI approach$440k
CAP approach$615k
Submarket $/SF estimate$581k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$179/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$138 – $254

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSKAGIT

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.4
Smoke and Vape Shop10.3
Storage Facility9.9

Location

401 Stanford Dr, Unit 403 Mount Vernon, WA 98273-3537
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1701 Windsor, Mount Vernon, WA 98273-5662 $2,330,000 Jun 2022 3,984 SF
325 21st, Mount Vernon, WA 98273-3566 $907,000 Jun 2021 5,685 SF
2325 Urban, Mount Vernon, WA 98273-5513 $775,000 Jun 2021 7,210 SF
309 Un, Mount Vernon, WA 98273-4341 $1,049,200 Jan 2021 6,850 SF
1318 3rd, Mount Vernon, WA 98273-4942 $256,325 Jan 2021 4,792 SF
1925 College, Mount Vernon, WA 98273-2333 $570,000 May 2020 6,079 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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