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RE-Weekly.com REAL ESTATE IN SKAGIT, ISLAND AND WHATCOM COUNTIES

INSIDE

This Issue This Issue

GETTING RENTERS OFF THE FENCE P. 4

Q & A: Ask Our Broker P. 8

2017 TO SEE MODEST SCALE GROWTH

OPEN HOUSE SUNDAy, JANUARy 15TH, 11am to 2pm FEATURE HOME: 3418 TRUMPETER DRIVE, MOUNT VERNON

SEE PAGE 3 FOR MORE

Skagit Tradition Real Estate

$348,000

P. 9

Classifieds P. 10 -11

360-424-0300

RealEstate weekly

January –9-15, 19, SEPTEMbER 2016 FEb. 5- 13 FEb. 11,2017 2016

A supplement to the Skagit Valley Herald and the Anacortes American 1560104


Re-Weekly content sponsored by: Northwest Fine Furnishings

TABLE OF CONTENTS Getting renters off the fence.................. P. 4 Q & A: Ask our Broker.............................. P. 8 2017 to see modest scale growth........... P. 9

INSIDE PAGE

Classifieds.........................................P. 10-11

4

RE-Weekly.com . If you are looking to buy or sell, please give us a call or stop by! Tourskagit.com 360.299.SOLD (7653) 914 15th St., Anacortes 1565159

SKAGIT PUBLISHING

All real estate advertised in Real Estate Weekly is subject to the Federal Fair Housing Act, which makes it illegal to advertise “any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation or discrimination.” We will not knowingly accept any advertising which is in violation of the law. All persons are hereby informed that

BURLINGTON

all dwellings advertised are available on an equal opportunity basis. For further information call HUD Toll Free at 1-800-669-9777. All Houses subject to prior changes without notice. Neither advertisers nor Skagit Publishing are responsible for any errors in the ad copy. Skagit Publishing reserves the right to refuse any advertising, which we deem unsuitable for our

publication. Unless otherwise noted, all photographs, artwork and ad designs printed are the sole property of Skagit Publishing and may not be duplicated or reprinted without express written permission. Skagit Publishing is not responsible for typographical or production errors or the accuracy of information provided by advertisers.

MOUNT VERNON

320 S Burlington Blvd Burlington, WA 98233 (360) 755-9494

Territory NW T

To advertise in RE-Weekly or other Skagit Publishing publications, Call: 360.416.2180 or Email: ads@skagitads.com ©2016 by Skagit Publishing LLC | All rights reserved.

2025 Riverside Drive, Suite D Mount Vernon, WA 98273 (360) 755-9596

www.SkagitValleyRealEstate.com

OPEN HOUSE SUN. JAN. 15tH 1-3PM 527 S. 4th Street, La Conner $444,000 Dir: South on Maple, West on Washington, South on 3rd, East on Benton, North on 4th. First time on market in over 118 years! Wonderful views. Parlor & formal dining room w/coved ceiling. Gourmet kitchen w/custom Hertco cabinets. Vertical grain fir floors. Douglas fir siding. MLS #1002150 Call Elizabeth, Elizabeth, 708-8800 708-8800 Call

Sedro-Woolley $79,950 Level and wooded 5-acre tract w/some marketable timber. Private jointly maintained road. CCR’s. History of good wells in neighborhood. Minutes from Bellingham or Burlington. MLS #920373 Call Ron, 333-1045

Bow

$225,000

Affordable Samish Is. Home. 2 BR, 1 Bath, Shy 1,000 SF. “Studio Room” addition w/own entry. On over ¼ acre lot-fully fenced. Cedar Siding, metal roof. Covered carport & nice outbuilding. MLS #1013121 Call Charlie, 708-1415 or Jeannie, 708-9645

Burlington $349,000 Enjoy space & privacy. 4 BR home that backs to a greenbelt. Open kitchen & family room. Large master w/attached bath & walk-in closet. Lots of flex space. Terrific storage. 2 pantries. MLS #976898 Call Elizabeth, 708-8800

Mount Vernon $375,000 Upscale homes w/large lots. 3 BR, 2.5 BA, 2,488 SF. Kitchen w/island, plenty of storage & counter space. Informal dining rm open to family rm w/cozy pellet fireplace. Formal dining & LR adjoining, fire place in LR too. Large master w/huge walk in closet, shower & jetted tub. Great private fenced backyard w/large deck. MLS #1061545 Call Ivana, 770-3550

LooKIng foR fuLL SERVICE PRoPERty ManagEMEnt?

Call Elizabeth, 708-8800

Wilma Louia Designated Broker/Owner 661-1631

2

Charlie & Jeannie Boon 708-9645

Mount Vernon $699,000 3,634 SF, 3 BR, 3 ½ bath view home on 1 acre. Living, dining, nook, family, den & Rec. rooms. 3 minutes from 1-5, S. Mount Vernon. Fabulous kitchen, gas range, granite, eating bar. 2 decks, patio, hot tub, RV parking, garden space. All natural gas, well insulated, tons of extra storage. 3 car finished garage. Olympic mountain view & amazing sunsets. MLS #1014213 Call Kirk, 770-7470

Jim Stransky 708-1681

Kirk Campbell 770-7470

Ron Van Pelt 333-1045

Call today and let our experienced staff go to work for you!

Mount Vernon $1,100,000 Farm on over 82 level acres. 2 story home built in ’94 w/3,800 SF. 3 BR, 2.5 BA, 3 additional bonus rms. Hay barn w/metal roof-great for barn dance! Additional barns & machine shop. Grapes, berries, fruits & organic garden. MLS #1037407 Call Charlie, 708-1415 or Jeannie, 708-9645

Elizabeth Detillion 708-8800

Ivana Wood 770-3550

RE-Weekly.com

360-755-5555 Mike Welling 540-1341

Debbie Benjamin 708-8780

Corinne Cartwright 202-2397

Laura Kaestner 441-5099

Traci Erickson Property Manager 755-5555

1560086

Mount Vernon $432,900 Amazing home just under 1/3 acre. 4 BR, 3 BA, 2,600 SF. Kitchen with granite counters & custom cabinets. Main floor master suite w/huge walk-in closet & bathroom. Grounds & garden must be seen to appreciate. Storage throughout. Terrific location. MLS #1052463

January 13, 2017


Feature Home From cover:

LAND TITLE AND ESCROW W

3418 TRUMPETER DRIVE, MOUNT VERNON S Skagit tradition reality 3780 e. college Way m mount vernon, Wa 360-424-0300 www.skagittraditionrealty.com w

ltco.com

CaRla FIsChER 360-982-0010

YOlaNDa sakUMa 360-421-0435 BUYER’s agENT

Comfortable, inviting 3 Bed/1.75 Bath rambler in desirable cul de sac location close to schools, Skagit Valley College, shopping and easy access to I-5. This beautiful home features stunning kitchen with fabulous cabinets, soft close drawers, countertops and stainless appliances. Beautiful updated flooring and carpets throughout this well maintained home. mLS #1066443 $348,000

Local Professionals Serving our Community

• 111 E. George Hopper Rd Burlington Title: 360-707-2158 Escrow: 360-707-2312 1-800-869-7121 • 3010 Commercial Ave Anacortes 1-800-870-8571 • 360-299-0565

Trusted Service for over 76 years

1560106

1550039

Brown McMillen Real Estate

360.757.6013 800.869.7084

w w w. b r o w n m c m i l l e n . c o m • 235 W. Rio Vista Avenue, Burlington

NICELY UPDATED RAMBLER… This 3 BR, 1.75 BA home is located at dead end street in great neighborhood. Gas log fireplace, large deck w/fully fenced backyard & a nice view of Little Mountain. All appliances included. $299,500 #1065321

RIVER FRONTAGE… Offers spectacular panoramic views! 2 homes on 1.89 acres. 3 BR, 2 BA Rambler & 2 BR 1 bath chalet style home. $375,000 # 966598

VEDERE TERRACE… Great 4BR, 1.75 BA home in Burlington. Large fenced backyard with patio. New interior paint and hardwood flooring in this 1400+ sq. ft. home. Ready for new owner! $269,500 #1020406 BEAUTIFUL BUCHANAN LN HOME… In Clear Lake, this 3BR, 2.5 BA home has Master on main level. Kitchen w/granite counter tops and S.S. appliances. Additional bdrms in finished daylight basement. Incredible views of Clear Lake & surrounding mtns. 2 car garage & 2 bay shop. $589,500 #1039790 SKYRIDGE… 4802 SF 3 BR, 3 1/4 BA one level fully finished daylight basement. Kitchen w/granite & stainless. Large corner lot w/fenced backyard. $525,000 #1024839 ALL THE WHISTLES & BELLS! Extraordinary craftsman home on 5 acres in Conway.2 family rooms on main level & upper floor & master suites. Heated pool, huge barn & much more. $860,000. #978235

WATERFRONT ACREAGE… Excellent Salmon fishing, close to Anacortes & short ride on 2 private ferries. Low bank (20 to 30ft.) South facing w/sun exposure. $299,000. #1046623

MEDICAL CLINIC… Great location in center of MV. One story with 3,575 SF of office space w/large reception area. Well designed for numerous professions as office space. $799,500 #1061873 1 ACRE BUILDING SITE… Very nice cleared pasture with wonderful views of the surrounding mtns in Big Lake area. Lot is mostly surrounded by several newer homes on large acreage. Perfect place to build your dream home. $150,000 #927385 SAND & GRAVEL RESOURCE… In an area of high quality sand and gravel deposit. Estimated by Sherwood Appraisal at 2.3 million tons of available aggregate. 1200 SF shop & office building on property. $1,350,000 #1049831

Extra finished room includes heat, skylights, raspberry bushes, & more! $248,000 #1047958

BOW AREA… 5 ac lot on Bayview Ridge. Beautiful westerly views of farmland, islands & bay. Great neighborhood w/established homes, close to I-5. $349,000. #905050 ANACORTES… Great potential for 8 or 9 lot subdivision with utilities in the street. Convenient to schools and town. $535,000 #772211 BURLINGTON LOT… Zoned general commercial, across from Regence Blue Shield. Great site for clinic or any professional use. Lot is 164 X 210, sewer is stubed in, water meter is in, survey and elevations are done. Lot sits at 34’ and should not need fill to build on-buyer to verify. $415,000 #791084

1/3 ACRE LOT IN BIG LAKE… Build your dream home with views of Big Lake & surrounding mtns. Close to golf course & all utilities including natural gas are in the street. Lot certification on file. Property has very slight slope down to road. $75,000 #598013

Kristen Tuttle

708-8392

Jeff Ingman

202-2859

Tim Reichert

391-5587

Yvonne Brown

840-4375

Shelah Inman

661-0145

Ron Wortham

661-1500

Galen Kindred

770-7083

Jodi Dynes

333-7783

Mary Jo Reitsma

770-6013

Holly Hilts

661-5538

Fritz Inman

661-0147

Travis Lohman

661-4533

January 13, 2017

RE-Weekly.com

FUTURE BUSINESS LOCATION… Includes 1.41 level acres of Industrial Zoned land on paved street with sidewalks & all utilities available. Older 4 BR home on front of property needs updated. Use as residence or office. Lots of potential. $249,500 #1030907

NEW ON MARKET… 2 houses on 1 lot in Burlington. Newer

roof, & newer foundation. 2 BR, 1 BA 768 SF in 1st home. 2 BR, ¾ BA in 2nd home. Live in one, rent the other. Great investment! $212,000 #1060428

Terri Heyntsen Tod LeHecka Jan Scally David Parsons Dale Owenby

391-0938 333-1032 421-5160 391-4008 913-8662

1561502

GRAND HOME… 3bdrm, 1.5 bath home w/wood insert.

3


Getting Renters Off the Fence

D

What it will take to turn renters into buyers

espite rising rent prices nationwide, mortgage interest rates remaining at near historical lows and positive job growth numbers, many renters aren’t buying into the American dream of homeownership – at least for now. A new survey by the National Association of Realtors (NAR) suggests that elevated home-price growth and low housing supply are resulting in slightly weakened confidence among renters as to whether or not now is a good time to buy a home: among the respondents polled between July and September, 78 percent of homeowners and 60 percent of renters (down from 82 percent and 62 percent in March, respectively) indicated that now is a favorable time to purchase a home. Experts say the aforementioned findings are understandable, considering current market conditions. “Facing their own price inflation through rising rents, many renters are having a hard time saving for a 4

down payment. For those ready to transition to homeownership, lack of supply and rising home prices are dimming their confidence,” says Adam DeSanctis, economic issues media manager for the NAR. “And despite job creation picking up in recent years, homebuilding hasn’t kept pace. The lack of new construction means fewer homes available for sale and more buyers competing for shrinking existing inventory.” Todd Huettner, president of Huettner Capitol in Denver, says the survey’s results don’t surprise him. “Renters are worried that they will get caught buying a home at the top of the market, and many get slapped in the face by the reality of the home buying process – from trying to qualify for a loan, finding an agent and searching for a home,” Huettner says. “It seems easy in theory, but actually trying to buy a home involves far more effort and stress than many renters realize. The result is that renters

started this year (2016) as excited and confident prospective buyers and became frustrated and lacking in confidence by the end of the summer. Plus, the election noise sowed uncertainty about the economy and jobs, which could also have an impact on their confidence.” For renters to feel more positive about purchasing, “a much-needed boost in new home construction for both move-up buyers and first-time buyers is required to alleviate price growth and preserve affordability,” DeSanctis says. Matt Murphy, CEO of Chime, a real estate marketing firm in Palo Alto, Calif., believes renters should get off the fence and strongly consider purchasing before the end of winter. “The winter season is a great time to buy a home, as the amount of buyers decreases and sellers are usually under pressure to sell,” says Murphy, who adds that continued low

RE-Weekly.com

interest rates may not remain this low for much longer. “Now is as good a time to buy as any if the situation is right for the person’s specific situation,” Huettner says. “If a renter will be in their home for several years to cover the transaction costs, and they have a strong financial plan to put them in a position to succeed as a homeowner, they should look at buying. They should also look at their rent compared to the cost of buying.” In many cases, owning a home is usually cheaper than renting, says Andrew Saltman, principal broker of Carbon Capitol in Jacksonville, Fla. “For example, I was working with a client paying $5,000 a month in rent who had an opportunity to purchase what would be an even nicer residence and pay only $3,000 a month for a mortgage,” Saltman says.

January 13, 2017


Sandi riley 770-8670

NORTH HOMES REALTY INC. 300 GIBSON STREET, SEDRO WOOLLEY

$208,900

N! OPE ME -GA PRE

16715 BRITT ROAD, MOUNT VERNON

$335,000

N! OPE ME -GA PRE

Sandi Riley 770-8670 5416 EMERALD COURT, MOUNT VERNON W NE

$317,900

G TIN LIS

OPEN HOUSE SAT. 11:00-1:00 SANDI R. 770-8670

OPEN HOUSE SAT. 11:00-2:00 SHELLEY C. 708-4377

OPEN HOUSE SUN. 12:00-3:00 SANDI R. 770-8670

* VIEW THIS COZY 3 BEDROOM 2 BA. HOME BEFORE THE “SEA HAWKS”! *ATTENTION ALL VETERANS, ACTIVE/RETIRED, VA FINANCING AVAILABLE *ALL NATURAL GAS, HUGE GARAGE/SHOP WITH R.V. HOOKUP & DUMP!

*SCORE YOUR OWN WINNING TOUCHDOWN & VIEW THIS NEW LISTING ! *COUNTRY CLOSE IN, PARK LIKE & PRIVATE W/FULLY FINISHED BASEMENT *3 BEDROOMS, TOTAL OF 3 BA., “THEATER ROOM”, FAMILY ROOM, 2,554 SQ.FT!

*JUST LISTED, ATTRACTIVE 4 BEDROOM, 2.5 BATH 2 STORY BEAUTY! *LG. MASTER SUITE W/GAS FPL., (2 FPL. TOTAL) DEN/OFFICE *FENCED YARD/PATIO WITH WOODED GREENBELT, 2300+ SQ. FT.

15251 PORTER STREET, MOUNT VERNON

1707 N. 33RD. PLACE, MOUNT VERNON

1615 E. HIGHLAND AVE. MOUNT VERNON

W NE

$184,500

$222,000

D! ATE TIV MO

! ICE PR

$317,900

DING

PEN

OPEN HOUSE SUN. 1:00-4:00 KENDA F. 391-0030

SANDI R. 770-8670

SANDI R. 770-8670

*”GOOD SENSE” ENERGY EFFICIENT HOME , VERY AFFORDABLE! *3 BEDROOMS, 2 BATHS, GREENHOUSE & OUTBUILDINGS, LG. FENCED YD. *COUNTRY LIVING CLOSE IN, DEAD END ST., ENJOY BEAUTIFUL SUNSETS!

*HIGH OVERHEAD R.V. PARKING, 2 OUTBUILDINGS, NICE YD/CORNER LOT! *3 BEDROOMS, 1.75 BA., GAS HEAT, CENTRAL “VAC” SYSTEM *CLOSE TO SKAGIT VALLEY COLLEGE & ALL SERVICES, MOTIVATED SELLER

*4 BEDROOMS, 2.5 BATHS, OPEN KITCHEN/FAMILY RM. W/FPL. *TIMELESS TRADITIONAL STYLING & APPEAL, UPDATED BEAUTY! *NEWER HARDIPLANK SIDING, GAS HEAT, QUIET ST. NEAR HOSPITAL

905 35TH STREET, ANACORTES

1903 SANDALWOOD COURT, MOUNT VERNON

10128 132ND. ST. N.E., ARLINGTON

$259,500

DING

PEN

$259,900

D

SOL

$439,500

D

SOL

SANDI R. 770-8670

SANDI R. 770-8670

SANDI R. 770-8670

*HARDWOOD FLOORS UNDER CARPETING, “MID 50’S” STYLING AND CHARM *SOLID 3 BEDROOM, 1 BATH W/NEWER GAS FURNACE, MOSTLY NEW VINYL WINDOWS *LOVELY VIEWS OF MOUNT BAKER AND BAY, DEAD END STREET!

*FENCED YARD W/GATE ACCESS TO LOVELY NEIGHBORHOOD PLAY PARK! *UPDATED W/NEWER VINYL WINDOWS, NEW MASTER BATH, 3 BEDROOMS, 2 BATHS *GAS HEAT, NEW GAS H/W TANK, LOVELY BRICK TRIM RAMBLER!

*GORGEOUS PARK LIKE “SHY’ 10 ACRES W/PRIVACY & CONVENIENCE *RUSTIC CHARM W/CUSTOM CEDAR HOME CLOSE TO HWY #9 & SMOKEY PT. *4 BD., 2+ BATHS, LG. FAMILY RM. W/MASSIVE RIVER ROCK FIREPLACE! 1560728

January 13, 2017

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www.WindermereSkagit.com RESIDENTIAL 7325 279th St NE, Arlington $293,000 Serene acreage in a great commuter location. This truly cared for home offers great living space indoors & out. Large living area is open to gracious dining. Bright kitchen with gas stove. Supersized master with 4pc bath. 2 guest beds plus office/den! Back yard entertainment deck. Plenty of room for your RV & all the toys! Call Elizabeth Miller, 420-3607 or Travis Miller, 420-7291 MLS# 974326 49 Willow Lane, MV $298,500 Hard to find triplex in good rental location. Walking distance to restaurants, groceries, etc. Additional income is from coin operated laundry located on site. Parking for several cars located at street frontage. Call Dave Patterson, 708-5030 MLS# 1005746 1600 Alpine Crest Loop, MV $349,900 Beautifully finished Eaglemont cond. End unit features territorial & golf course views & large private deck. Beautiful stainless appliances, hardwood flooring, large master suite on main level. This view condo has 1890 SF on main & upper levels - large unfinished lower level waiting for a custom build out - all electrical & plumbing in place for large rec room & 2 additional beds. Call Jim Glackin, 428-2828 MLS# 1039782 17721 Tiffany Way. MV $488,800 Custom built home on 1.5 acres. Lovely 4 bed, 3 bath home boasts formal living room with valley view, formal dining room, kitchen & family room surrounded with windows looking out over the 1000 SF deck, new carpet, master suite with valley view, jetted tub, double vanity & French doors leading to a deck. Oversized 2 car garage. Call Sarah Minton, 770-3076 MLS# 955145 19551 Burkland Rd, MV $490,000 Rare 30 acres of Skagit Valley farm land for sale with approx. 1670 SF, 3 bed, 2 bath home on property. Sits in the heart of Skagit valley & offers premium soil in a beautiful location. Located in the highly sought after Conway School District. Call Jim Koetje, 202-2500 MLS# 1044964

VACANT LAND W NE

Francis Rd, SW $75,000 2 acres in great location, close to everything. This property is zoned rural village residential & could be split into 2 one acre parcels for two homes. Water in the street. Nice soil, great for gardening or a small mini farm. Call Becky Elde, 770-9427 MLS# 946956

!

7457 Healy Road, SW $535,000 A piece of paradise on 9 beautiful acres. Quality constructions throughout. 3 beds, 3.25 baths, 2,912 SF. New carpet just installed. Detached 30’ x 36’ house has .75 bath, kitchen, laundry, & could be turned into a MIL. In addition, a 64’ x 30’ shop. Peaceful living is what you will find here. Call Becky Elde, 770-9427 MLS# 1064922 NE

W

!

18399 Majestic Ridge Ln, MV $155,000 Fantastic views of Big Lake on this acre plus parcel. Easy to build on as it has a paved street to the property line, water, sewer, & electricity in the street. CC&R’s require at least 2000 sq. ft home be built on this lot. Call Becky Elde, 770-9427 MLS# 921182 12812 East Lake Dr, SW $203,000 One of a kind. Approx. 250 ft. of waterfront on Clear Lake with a view to the west. Breath taking sunsets, boating, fishing, and much more! Over 2 acres with marketable timber. Call George Bellos, 708-9762 MLS# 811395 Valentine Road, MV $225,000 Secluded 14.37 acres with a grove of trees at the back. PUD water & Power at the street. Short card allowed for 2 building sites; 1 acre each. Property is in open space. Beautiful private area to build your dream home on. Call Becky Elde, 770-9427 MLS# 1057736

25473 Morford Ct, SW $649,888 Stunning custom home features 4 beds, 3.5 baths, 4,473 SF on 1 acre surrounded by 14 acres of rural reserve. Main level living w/open floor plan, charming kitchen w/pantry, great room, formal dining, & spacious master suite w/double sided fireplace & 5 pc spa bath. 3 car garage/RV parking. Call Nicole Ganske, 941-8999 MLS# 1063718

Dike Road, MV $228,000 11.7 beautiful acres of level, productive Skagit Valley farmland with Lot Certification! Rare opportunity to build in a picturesque setting providing majestic Mount Baker and peaceful pastoral views as your backdrop. Power, Public Water & Natural Gas in street. Call Elizabeth Miller, 420-3607 or Travis Miller, 420-7291 MLS# 940749

13278 Bay View Lane, Bayview $975,000 Bay View home situated on 2.5 acres. 3800+ SF of luxurious living space. 2 master suites. Designer kitchen with stainless appliances, double ovens, granite counters, & spacious island. Media, bonus room with .5 bath. Outdoor living area. 44X32 attached RV garage. Call Linda Eastman, 202-4075 MLS# 1008047

Josh Wilson Rd, Burlington $349,000 Enjoy scenic valley & mountain views from this private 14+ acre Bayview Ridge site located next to Bayview School. Property has 2 designated areas for a total of 2 development rights, buyer to verify. Cleared site areas & marketable timber. Private driveway access to property. Minutes to I-5, walking, biking trails & Padilla Bay/Bayview State Park. Call Warren Bingham, 770-2421 MLS# 974022

Skagit Valley • 1030 E College Way • Mount Vernon • (360) 424-4901 April Axthelm Balisa Koetje Becky Elde Bette Thompson Bill Krieger Brett Johnson Cory Keihn Dave Patterson

6

360-661-4947 360-421-4111 360-770-9427 360-840-5109 360-421-4446 360-661-3825 360-441-1760 360-708-5030

David Mani Dawn Hardman Deborah McNeal Dick Nord Don Neill Donna Rowell Elizabeth Miller

425-319-7091 360-540-0058 360-707-8073 360-661-6529 360-420-4444 360-708-7984 360-420-3607

George Bellos Geri Cole Harry Ota Hollie Del Vecchio Jake Koetje Jamie Yantis Jim Glackin

360-708-9762 360-391-1614 360-708-3500 360-525-5538 360-466-8045 360-540-5264 360-428-2828

Jim Koetje Karen Beckner Karen Peirolo Karine Anderson Leah Hines Linda Eastman Megan O’Bryan

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360-202-2500 360-840-9455 360-348-0480 360-421-1189 360-428-3012 360-202-4075 360-708-5817

Navigating the rental market c Windermere Property Manage We offer full-service property commitment to quality and ac Or, do you need a tenant but don’t want full-time management? Ask us about our lease only services as well!

Anacortes (360)588-6016 | Mount Vernon (3

North Cascades • 520 Cook Roa Nathan Loeb Nicole Ganske Rita Ingram Sarah Minton Shawn Danley Shelby Hagman Shelly Hanson Spencer Roozen

360-333-7197 360-941-8999 360-708-8338 360-770-3076 360-488-3858 360-982-0163 360-420-2565 360-708-0634

Tahlia Honea

360-333-5815

Tasha Zahlis

360-391-5075

Tessa Jarvis

360-503-1939

Tiffany Danley

360-298-4857

Travis Miller

360-420-7291

Warren Bingham 360-770-2421

January 13, 2017


www.AnacortesRealEstate.com RESIDENTIAL W NE

4110 152nd St SW, Lynnwood $325,000 Investors!! The current zoning of this property is R-8, The comp plan however would allow a rezone to MR (multi-family residential) Under current zoning the R-8400 would allow for 3 lots on this property. Could possibly put up to 11 units with rezone. Buyer to verify. Value in the land! Rebecca Chamberlain 360.421.5021 MLS# 928927

!

2006 27th Place, Anacortes $609,000 Sophisticated Pleasant View rambler w/a private courtyard entry that invites you inside to this like-brand-new home. Custom finishes throughout w/a warm, open dining, living and kitchen w/eating space and butler’s bar. King-sized master suite, 3 additional bedrooms and over-sized utility room. Gourmet kitchen w/ample counter space, double ovens and stainless appliances. 2 car attached garage, full landscaping and private patio all poised against a beautiful greenbelt w/views of the Bay and Mt. Colleen Craig 360.770.9638 MLS# 1063400 19817 Apostolic Wy, Burlington $275,000 19817 (P62339) is approx. 58,000 SF & has 2004 mobile home on it. 19815 (P62336) is approx. 16,600 SF & includes an approx. 1860 SF building used as a church & older mobile which could be used as a classroom. County issued two lot certs. Each parcel is avail. for $175,000 or both for $325,000. End of property is supposed to revert to City of Burlington. Buyer should consult w/city for present & future uses. Judy Moore 360.293.9794 MLS# 821126

can be overwhelming. Let ement alleviate your worry. y management with a strong ccuracy.

www.RentalsWPM.com

360)428-3012 | Sedro-Woolley (360)503-1939

ad • Sedro-Woolley • (360) 856-4901

LAND

2011 Skyline Wy, #TD042, Anacortes $219,000 Skyline Marina secure moorage for 70 foot open condo slip 60 foot long with a 10 foot overhang x 28’ wide. easy access to this slip. Bow in Starboard side tie. Wide open approach for easy maneuvering. Secured gate access, electricity(30 amps) & water available at dock. Laundry, showers, boat lift, repair facility, store & gas dock in marina. Kathy Rogers 360.941.4400 MLS# 904269 3829 Copper Pond, Anacortes $395,000 Efficient Copper Pond rambler boasts an open floor plan with 3 beds, 2 baths and an open and airy floor plan. Designed around a great room concept with vaulted ceilings, an over-sized kitchen w/large island counter and ample storage space, dining area with gas fireplace and a light and bright living room. Master suite with walk-in closet and full bath. Two car garage with built-in shelving and an optional/removable ramp for easy access. Glass slider opens to the private, fenced backyard. Colleen Craig 360.770.9638 MLS# 1047425

4700 Cypress Dr, Anacortes $549,000 Impeccable Clearidge home w/well-designed floor plan offering intimate spaces & the perfect flow for entertaining. Warm & inviting living room w/gleaming wood floors, stone fireplace & views out to the Rosario Straights. Open kitchen w/window seat combines w/dining to enjoy views of the lush, forested backyard; 2 main level bedrooms & full bath. Elegant master suite w/retreat space, family room & a king-sized bedroom w/views of Mt. Baker. Oversize lot is host to mature landscaping & wildlife. Colleen Craig 360.770.9638 MLS# 1049947 10134 Halloran, Bow $789,000 Live the Samish Island Lifestyle! This estate home sits on a shy 2 Ac with 180 degree panorama view of Padilla Bay & Islands beyond. Classic traditional home offers spacious floor plan with gracious rooms & living space. Large adjoining Living-Dining offers plenty of room to entertain all your ‘Island Guests’! Walls of windows and French doors bring in loads of natural light and the incredible views...Bonus of salt air! 835FT of community waterfront offers easy crabbing and clamming. Leigh Zwicker 360.333.9975 MLS# 1019768

Lot 2 Cypress Wy, Guemes Island $125,000 This beautiful high bank, waterfront lot has wonderful Southwestern views of the Guemes Channel and islands. Beach rights at 3 coves. Cook’s cove has a boat ramp and nice beach and is a 1/4 mile walk from this lot. Lot certification has been done with the county. Power is at the road. Margi Houghton 360.202.0041 MLS# 905543 12830 Summit Trail Ln, Anacortes $175,000 Stunning views of Mt. Baker, Padilla Bay and the Cascade Mountains from this one acre property. Soil tests available and water and power at the lot. Only a five minute drive to downtown Anacortes. Margi Houghton 360.202.0041 MLS# 1022784 16 Decatur Shores I, Decatur Island $65,000 Great price for this large, sunny Decatur Shores lot with installed septic and direct airstrip access. Build on the back of the property and enjoy a possible water view from the 2nd story of your home. Property is almost an acre and has lots of room for gardening, creating a small orchard or adding a shop or hangar. Community amenities include a deep-water dock and 4000’ of waterfront. Seller Financing avail. Island is an easy water taxi ride to/from Anacortes. DSL and daily mail svc. Sarah Jones 360.333.2783 MLS# 819331 2517 Oregon Ave, Anacortes $250,000 Spectacular sunsets and broad west/northwesterly views from this Rock Ridge lot. Enjoy the privacy this lot affords on the dead end street bordered by Anacortes Community Forestlands. This beautiful lot has all utilities available. Debbie Macy 360.391.2422 MLS# 959835

1018 Longview Ave, Anacortes $269,000 Great potential! This 3 bedroom, 2 bath home sits on a 9000 square foot lot in a great location. Spacious master, bath and walk-in closet are newer additions to the home. Kitchen has also been updated. Large deck off kitchen, fully fenced and basement/shop area with outside access. Garage is a tear-down and sits on platted City street - do not enter. Home is an estate and being sold as-is. Bring your remodeling skills and return this vintage home to its original charm. Cynthia Aanestad 360.610.0120 MLS# 1038220

3804 Marine Heights Wy, Anacortes $345,000 Embrace the light & beauty of the sparkling waters, San Juan Islands & dynamic boat traffic from this easy-to-build 25,000+ sq. ft. view lot in the private Castilleja Bluff neighborhood. This small community of high-end custom view homes is positioned to appear as if nature itself had nestled them amongst the natural surrounding landscape. Poised against a lush backdrop of protected (ACFL) forestland on two sides, this home site offers the rare combination of privacy & views. Ready to build. Colleen Craig 360.770.9638 MLS# 944613

10989 Josh Green Lane #4, La Conner $750,000 Rare opportunity to own this one of a kind premier boathouse at the Gateway to the San Juans. Unique & impressive design, the interior well is 85 X 24 and can accommodate up to 90+-’ yacht or several smaller boats. Top of the line galvanized steel construction, concrete float design, private gangway access, remote control roll-up boat doors plus mezzanine level that can be finished into office. Located at the jumping off point to the best cruising waters in the US & Canada. Debbie Macy 360.391.2422 MLS# 964734

4219 Cedarcrest Ln, Anacortes $750,000 Spectacular, panoramic, western views of the Olympic Mtns, San Juan Islands & Burrows Bay from this 10 acres gated property. An unbelievable opportunity awaits to create your ultimate retreat. Underground utilities at the lot for water & power. Del Mar private beach access & day use privileges of the community dock included. This area is zoned for 10-acre minimum parcels creating a serene natural setting with rocky knolls, natural meadows & conifers. 90 min. to Seattle and 45 min to Bellingham. Margi Houghton 360.202.0041 MLS# 770482

Anacortes • 3018 Commercial Ave • Anacortes • (360) 293-8008

Bill Robillard

360-770-4707 Cheryl Frazier

360-202-4789 Donna Cunningham

770-335-7513 Jessica Notaro

360-202-1441 Kristi Gabrielse

360-420-3119 Paul Weisz

Buzz Ely

360-202-4626 Colleen Craig

360-770-9638 Gina Davis

360-708-7794 Joan Handelmann

360-202-4800 Leigh Zwicker

360-333-9975 RebeccaChamberlain

Caroline Baumann

360-202-7327 Colleen Sargent

360-202-2155 Jack Dixon

360-941-5000 John Prosser

360-202-3891 Linda Macy

360-708-8284 Rick Bennett

360-202-2630

Catherine Mers

360-982-6831 Cynthia Aanestad

360-610-0120 Jackie Stone

360-661-2247 Judy Moore

360-770-3515 Margi Houghton

360-202-0041 Rob Skelton

360-488-3776

360-391-2422 Jeannine Reinig

360-724-8555 Kathy Rogers

360-941-4400 Nate Scott

360-708-2354 Sarah Jones

360-333-2783

ChristineCleland-McGrath 360-708-0267 Debbie Macy January 13, 2017

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360-391-7281 360-421-5021

7


Rent to Own OK? Question:

We pay $1,200 a month for rent and have been considering a rent-to-own program. How much more would we have to pay per month to qualify?

Answer:

Rent-to-own programs are designed for buyers that do not have the cash or credit to purchase at this time. Fannie Mae explains such programs this way: “Rent credit for option to purchase is an acceptable source of funds toward the down payment or minimum borrower contribution. Credit for the down payment is determined by calculating the difference between the market rent and the actual rent paid for the last 12 months. The market rent is determined by the appraiser in the appraisal for the subject property.” In practice a rent-to-own program might work this way: The fair market rent for the property is $1,200 a month. The tenant/buyer pays $1,500 a month. The additional $300 above the fair market rental is a credit to the purchaser. The sale price is established at the start of the rent-to-own lease, meaning that

the price is locked-in. While such programs may seem attractive in theory, in practice they raise a number of questions: * If you’re in a market with strong appreciation, an owner has little reason to enter into a lease/ purchase program because the property can be easily sold in the open market. Also, if the local market is strong, the option price could be significantly higher than the current fair market value. * The extra payment – $300 a month in this example – is only a credit if the tenant actually buys the property. If the tenant does not buy, the money is simply extra rent. * At the end of the option period the tenant may not be qualified to purchase. * If the tenant misses a single larger monthly payment, they can lose the option and the extra payments. * Proper paperwork is a must. Lenders will want a copy of the rental/purchase agreement, the agreement must be for at least 12 months under Fannie Mae rules, the rent must be at a fair market level as determined by an appraiser and – importantly – buyers must have checks or money order receipts to prove that the rental payments actually were made. * At the end of the option period home prices

Q& A

ASK OUR BROKER By Peter G. Miller

may have declined, meaning that if the option is exercised, the tenant may pay more than the property is worth. Given that lenders will only finance properties on the basis of their sale price or appraised value, whichever is less, financing can be a problem. * The tenants may find another home they like more. Rather than a rent-to-own agreement, buyers might want to consider a simple alternative: Take the extra payment and stick it into a savings account every month. Work with a local brokers and lenders and ask if you qualify for any down payment assistance programs – there are more than 2,000 nationwide. Check your credit report to see if it contains factual errors or items that are out-of-date. If you find problems, contact the credit-reporting agency to get the erroneous material off your report – even small dings can impact credit scores. And, of course, make bill payments in full and on time.

Are You Dreaming Of Owning Your Own Home? Let Us Be Your Down Payment!

T h re e H o m es Ava il a ble Now!

1566825

S e atin g Is Lim ite d . To day ! Re g iste r

8

Do you want to buy a home but need help with the down payment? Do you live or work in Skagit County? Do you earn 80 percent of the area median income ($51,850 with a family of four)? If yes, Home Trust of Skagit can help!

Home Trust will host a free orientation class for interested applicants from 5:30 to 7 p.m. Tuesday, January 24, 2017, at Opus Home Trust of Skagit 360-428-0014 Bank, 528 E. College Way, info@hometrustofskagit.org Mount Vernon. www.hometrustofskagit.org Home Trust can help residents achieve the dream of home ownership. Come learn what we can do to help you. Call (360) 428-0014 to register!

612 S. First St. P.O. Box 2444 Mount Vernon,WA 98273

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January 13, 2017


2017 to See Modest Sale Growth Affordability pressures are expected to dampen—but not extinguish­— buyer enthusiasm in the coming year

W

hile existing-home sales are expected to rise slightly in 2017, such gains are expected to be small due to rising mortgage rates and low consumer confidence. Those are the findings of a new consumer survey and 2017 housing forecast from the National Association of Realtors. In the Housing Opportunities and Market Experience (HOME) survey, respondents were asked about their confidence in the overall economy and their expectations for 2017. Lawrence Yun, the National Association of Realtors’ chief economist, believes that declines in affordability are behind the weakening morale. “Rents and home prices outpacing incomes and scant supply in the affordable price range has been a prominent headwind for many prospective buyers this year,” Yun says. “Making matters worse, the unwelcoming reality of higher mortgage rates since the election is likely further holding back confidence. Younger households, renters and those living in the costlier West region — where prices have soared in recent months — are the least optimistic about buying.” Even still, roughly two-thirds (62 percent) of current homebuyers think it’s a good time to sell. Respondents living west of the Mississippi were most likely to share that opinion. Nearly all surveyed (91 percent) do not expect an increase in their community over the next six months. Those most likely to expect such an increase were people living in suburban areas, renters and those living in the West.

January 13, 2017

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9


$600,000 63 wiLLow Lane, Mount Vernon

3903 e. CoLLeGe waY, Mount Vernon

5 Bedroom older Williamsburg Style Colonial home on 3.78 developable acres with possibility to have 20 residential lots. Very level lot for easy development. Home is circa 1900’s. Large bedrooms and dining room. Shop with underground electricity. Home to be sold as is. Commuters dream! Close to everything; schools, shopping, medical, Skagit Valley College, I-5. SUZANNE JENKINS MLS #1045770 360-941-2983 1238 toLedo St, BeLLinGhaM

$359,950 1802 BakerView Ct, Mount Vernon $122,000 23786 kaMLoop Ct., Mount Vernon

$150,000

5798 JenniFer Lane, Bow

Attractive, large lot in beautiful Eaglemont Golf Course community, close to brand new 20,000+ SF clubhouse, Elva Hunter Joan Boudreau dining and full fitness facilities. 360-202-3086 360-391-0746 Complete plans for a beautiful home on this lot are negotiable. MLS #475295

13813 State route 9, Mount Vernon (5 aCreS)

$239,000

Beautiful view property, ready for you to build your dream home. PUD water, power and 3 bedroom septic surrounded by a circular driveway or continue on to another wonderful building site - cleared, level, and with spectacular mountain view! New gravel road is partially paved. Good access from Highway 9 for easy driving into proper ty. I-5 minutes a w a y. Watch for signage. MLS#1014931 Carla Fischer Celia Miller

360-982-0010 360-391-6065

1804 BakerView Court, eaGLeMont

Mount Baker view from one of the premier large lots (10,972 Sq. Ft.) in beautiful Eaglemont! Builder/Owner will build for you or bring your own builder! All utilities are in and ready for you to build. Complete set of plans for a beautiful home on this lot is negotiable. Builder completed 1806 and 1808 Bakerview Ct. MLS #848246

Large lot in Nookachamp Hills Community. Beautiful country setting overlooks a private lake for you to enjoy. Less than 10 minute Yolanda Sakuma drive to the city of 360-421-0435 Mount Vernon. All utilities are stubbed to the lot. MLS #1059504

15XXX MeadowLark Lane, Mount Vernon

$79,900

$375,000 Large triple-wide manufactured home on 5 plus acres. Newer hardwood floors and carpeting. Sweeping land views. Garage with extra room. G a t e d community for privacy and security. Minutes to I-5. Suzanne Jenkins MLS #1025330 360-941-2983

EaglEmont Partial bay and city view. 4 bedrooms, 2 full bathrooms. Master bath has walk-in handicap tub and extra vanity, tile floor at bath and kitchen, stainless appliances, dishwasher, range, refrigerator, washer and dryer stay with house. Gas fireplace, Oak floorss, 2 large decks, storage building at back of house. Located near schools, event locations and shopping. MLS #1040211

$254,900 Permit-able for in home business. Roomy, 1,700 sq. ft. 3 bedroom, 1 3/4 bath 1 1/2 story home on spacious 1/3 acre lot in convenient location. Updated interior, country kitchen, charm of yesteryear. Easy access to everything! Shopping, schools, bus line and medical. Zoned for possible inhome business. Plenty of parking, including for RV. Nicely fenced back yard with fruit tree and other trees. Danya Wolf 360-708-8294 MLS #1008048

1510 S 6th St., Mount Vernon

$214,000 3

Bed/1.75

Bath

rambler

close

to

everything! Walk to downtown shops and the Riverwalk! Great starter home. Roomy kitchen with walk-in pantry; All city amenities available at street’ including PUD water, electricity, natural gas, cable TV, city sewer and city garbage pick-up. Lovely evergreens and deciduous trees. Over 1/5 of an acre! Includes two tax parcels! MLS #863875

ample storage, garden window and gas stove; vaulted

Danya Wolf

360-708-8294

ceilings.

Fully fenced backyard; deck

off

MLS #1047096

Danya Wolf Suzanne Jenkins Brett Tacker Sandy Everett JoAnn Boudreau Celia Miller Donna Kurras Elva Hunter John Hunter Russ Lanker Shirley Bertholf Carla Fischer Yolanda Sakuma Patricia Box

$165,000

John Hunter

360-202-3854

slider.

Suzanne Jenkins

360-941-2983

360.708.8294 360.941.2983 360.840.7931 360.202.3706 360.391.0746 360.391.6065 360.770.7596 360.202.3086 360.202.3854 360.708.1117 360.840.1863 360.982.0010 360.421.0435 360.941.9186

3780 E. College Way, Mount Vernon

360.424.0300

www.skagittraditionrealty.com 12

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