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    Property profile & analytics

    503 3rd St La Conner, WA 98257

    • Hotels
    • 2,765 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 27, 2024
    $950,000
    Location Intelligence
    Property ID
    US90-3345018
    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

    • Katy's Inn / Bed & Breakfast / Hotel

    Property Details for 503 3rd St

    Year built
    1876
    Lot size
    0.32 lot acres
    Property size
    2,765 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    4123-011-009-0002
    APU
    41230110090002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Conner
    County
    Skagit
    State
    Washington
    Longitude
    -122.494
    Latitude
    48.3909
    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
    $6,146
    $285,800
    $446,400
    $732,200
    -
    $285,800
    $446,400
    $732,200

    Comparable in this City

    • Value Estimation by Request
      10,700 SF

      121 Maple Ave

      MOTEL • 10,700 SF
      121 Maple Ave, La Conner, WA 98257
      View Details
    • Value Estimation by Request
      5,332 SF

      117 Maple Ave

      MOTEL • 5,332 SF
      117 Maple Ave, La Conner, WA 98257-9461
      View Details
    • Value Estimation by Request
      28,076 SF

      205 1st St

      MOTEL • 28,076 SF
      205 1st St, La Conner, WA 98257
      View Details
    • Value Estimation by Request
      21,341 SF

      107 2nd St

      MOTEL • 21,341 SF
      107 2nd St, La Conner, WA 98257-7036
      View Details
    • Value Estimation
      $300,000
      1.26 Acres

      420 Pearle Jensen Way

      CAMPGROUND, RV PARK • 1.26 Acres
      420 Pearle Jensen Way, La Conner, WA 98257
      View Details
    • Value Estimation
      $220,000
      157.36 Acres

      1634 Snee Oosh Rd

      CAMPGROUND, RV PARK • 157.36 Acres
      1634 Snee Oosh Rd, La Conner, WA 98257
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.26 Acres

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      La Conner Marina: Prime Waterfront Investment

      Downtown La Conner Marina, Full Occupancy, High Potential
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      1,961 SF

      Established Bookstore in La Conner

      Turnkey PNW-themed bookstore with strong community roots for sale.
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      La Conner Marina For Sale

      Marina with commercial/residential uplands and waterfront potential.
      317 N 1St St, La Conner, WA 98257
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    • $1,795,000
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      Mixed-Use Property in La Conner

      Two commercial units and an upscale apartment in historic LaConner.
      101-107 S 1St St, La Conner, WA 98257
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    Similar Nearby for Lease

    • $600 /Mo
      800 SF

      Victorian Style Office Space

      Two-story office building near La Conner waterfront for rent.
      210 Morris St, La Conner, WA 98257
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    • $1,750 /Mo
      1,131 SF

      La Conner Retail/Office Space

      Charming building with natural light, high ceilings, and parking.
      623 E Morris St, La Conner, WA 98257
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    503 3rd St
    La Conner, WA 98257
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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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