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511 S 1st St, Mount Vernon, WA, 98273

1beds
1baths
2,106sqft
$900,000
$427price/sqft
$5,450/moest. monthly cost
$218,000/yrincome needed

About This Home

Commercial building with 2,106 sq. ft. on first street in the heart of the downtown commercial center of which 750 sq. ft. Is a loft apartment in the back of the building with an additional 172.5 sq.ft. of parking off the alley. The lot size is 2,278.5 sq. ft.

Getting Around

89
WalkingVery Walkable
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

3/10
5/10
La Venture Middle SchoolGrades 6-81.5 mi
5/10
Mount Vernon High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1909

Materials

  • Roof: Other
  • Construction materials: Brick,Stucco,Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Concrete,Laminate

Interior Area

  • Total structure area: 2,106
  • Total interior livable area: 2,106 sqft

Property

Features

  • Stories: 1

Lot

  • Lot size: 2,278 Acres

Parking

  • Total spaces: 1
  • Parking features: Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Ice Storm
    Ice StormRelatively High
  • Volcanic Activity
    Volcanic ActivityRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Ice Storm
Volcanic Activity
Inland Flooding
Winter Weather

FEMA Declared Disasters in Skagit County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,550$54,600
Home Insurance *$189$2,268
Property Taxes $562$6,744
Electricity $149$1,793
Total$5,450$65,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$186,857/yr
40% on housing$163,500/yr
45% on housing$145,333/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.1%
11.1%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.3%
4.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$427This listing

vs Other Active Listings

Avg $/sqft

ZIP 98273$274
Skagit County$276

vs Homes Sold Last Month

Median $/sqft

ZIP 98273$311
Skagit County$330

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-20Listed for sale$900,000

For Sale by Owner

AgentRick Leonard

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