RE-Weekly 09/20/18

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

INSIDE

This Issue This Issue

RETIRES SHOULD PLAN BEFORE RENTING

Selling the family home for the cash can backfire in the long run P. 6

SEE PAGE 3 FOR MORE

325 SOUTH 9TH STREET, MOUNT VERNON

$792,000

WINDERMERE REAL ESTATE/SKAGIT VALLEY MEGAN O’BRYAN SPENCER ROOZEN

RealEstate weekly

A supplement to the Skagit Valley Herald and the Anacortes American

360-708-5817 360-708-0634

P. 7

Classifieds P. 7

SEPTEMBER 21-27, 2018

1814299

FEATURE HOME:

ASK OUR BROKER

1814299

Re-Weekly content sponsored by: Northwest Fine Furnishings

TABLE OF CONTENTS Retirees should plan before renting........................P. 7 Selling the family home for the cash can backfire in the long run.

Classifieds...............................P. 7

INSIDE

PAGE

7

RE-Weekly.com

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1761697 1697651

To advertise in RE-Weekly or other Skagit Publishing publications, Call: 360.416.2180 or Email: ads@skagitads.com ©2018 by Skagit Publishing LLC | All rights reserved.

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

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.

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BURLINGTON

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

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www.SkagitValleyRealEstate.com

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OpeN HOUSe SAT. SepT. 22ND 10-2pM $555,500

Dir: 1-5 Exit 230, East on Hwy 20, East on Fairhaven to Home on Right.

One level, newly renovated 2620 sf home PLUS flexible 850 sf unit. Main residence has 3 bd, 2.5 ba, fam room & 2 offices plus a full 950 sf basement. Open floor plan features vinyl flooring, quartz countertops, new carpeting, LED lighting, wood burning fireplace & new gas furnace. Convenient Location. MLS# 1362822

Call Mike, 540-1341

SEDRO WOOLLEY $285,900 3 BD opportunity home with aforhuge x 28 shop. roof,home fresh buyer. paint, Great the 24 investor or the New 1st time & a lg updated home fabulous light,out bright Two houses for kitchen. the priceThis of 1.

Live has in one and rent the other, both. Both recentlyClose been downtown. renovated. roomsor& arent lg fenced yard.units Plentyhave of parking.

1/2 bath in shop with hot water. MLS# 1336340 MLS# 1353294 Call Elizabeth, 708-8800

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297 LEWIS PLACE, SEDRO WOOLLEY $315,000 Original owner says time to sell!. 3 bedroom, 2 1/2 bath. 1809 SF. open floor plan.

Efficient kitchen opens to dining and living room w/gas fireplace. Upstairs family room, 2 nice size bedrooms + Spacious master suite with 2 walk in closets and a private bath. Nice community with park and play areas. MLS# 1363112 Call Ron, 333-1045

Wilma Louia Designated Broker/Owner 661-1631

2

Charlie & Jeannie Boon 708-9645

Lisa Boon Meyer 708-1415

SEDRO WOOLLEY $299,500 Prime location with high density of traffic. 3 buildings all heated and insulated. Just more than half an acre. MLS# 1089598

MOunt VERnOn $575,000 Home features 2538 SF, 4 bedrooms, & 2 1/2 bath. Built in 2015, w/ upgrades thru out quartz counters, vaulted ceilings, nat. gas fireplace & hardwood floors. Slider off great room opens to large covered patio and beautiful, open backyard. 3-car att. garage, storage shed, & RV parking. MLS# 1347360 Call Charlie, 708-1415 or Jeannie, 708-9645

BuRLIngtOn $725,000 Elegant custom built craftsman on Burlington hill. Expansive 180+ degree views 4 beds, 3.5 baths. Travertine Shower/flrs. Lower level includes family room, theatre room, 2nd kitchen, 2nd laundry, full bath,bedroom, office/den, pool tbl. Landscaped to perfection. MLS# 1345757 Call Ron, 333-1045

Call Wilma, 661-1631 or Jim, 708-1681

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MOunt VERnOn $379,900 Enjoy this 3 bd/2 ba spacious rambler located on.78 acres in Forest Estates near Eaglemont Golf Course. Quiet & Private w/ Cedar trees, large decks, swing set & hot tub in a fenced backyard. Updated vinyl windows, laminate, carpeting & a new roof.

Large 340 sf Shop w/ power. Attached garage & carport. MLS# 1346461 Call Wilma, 661-1631

Jim Stransky 708-1681

BOW $290,000 Located on Scenicfor Chuckanut Drive.or5.59 Hillside Great opportunity the investor the Acres.

1st time homebuilding buyer. site ishouses approved for one Views of out Samish Two for the priceresidence. of 1. LiveExpansive in one and rent the other, rent both.

BothSalmon units have recently beenCreek. renovated.

Bay & orIslands.

Borders Spawning Oyster Easy Beach1353294 Access. MLS# 1213005 MLS# Call tony, 420-0501

Kirk Campbell 770-7470

Ron Van Pelt 333-1045

Elizabeth Detillion 708-8800

Ivana Wood 770-3550

RE-Weekly.com

Mike Welling 540-1341

Debbie Benjamin 708-8780

Tony Zimmermann 420-0501

Jessica Treat 840-3446

Kati Shannon 391-1203

Traci Erickson Property Manager 755-5555

1801490

1030 E. FAIRHAVEn, BuRLIngtOn

September 21, 2018

american dream real estate services, inc.

Large Double Lot

Amazing 4,100 Sq ft Custom Log Lodge home on 3.54 acres fenced Equestrian acres with spectacular sunset San Juan Islands view & separate second rental/Guesthouse. Fantastic location minutes from I-5 yet peaceful country living. Highest quality construction, one level main living w/huge mahogany deck, views from every room. Spacious kitchen w/cement counters & stainless appliances, master w/huge bath, walk in tile shower. 2nd floor 2 large beds. Lower level living, 2nd kitchen, living, bed/bath garage.

325 SOUTH 9TH STREET, MOUNT VERNON

$792,000

WINDERMERE REAL ESTATE/SK ESTATE/SKAGIT VALLEY 1030 E. College Way Mount Vernon, WA 98273 (360) 424-4901 • www.windermereskagit.com

MEGAN O’BRYAN SPENCER ROOZEN 360-708-5817 360-708-06374

Big Lake Building Lot

#1330234 • $284,999

#1362752 • $199,999

Immaculate 3 BR 2 BA home & a large double lot in Clear Lake. Walking distance to Clear Lake School! Property is like brand new inside & out and ready for you to call it yours!

Wonderful open floor plan, huge kitchen with breakfast bar & dining area. Private master suite with large attached bathroom. Plus 2BRs and full BA. Large covered front porch.

Huge concrete patio all set on a large lot with tons of room to play and garden. Located in Clear Lake just off HWY 9.

A true Home of Distinction, this classic Tudor sits on a rare, private .62-acre parcel, tucked off the street & out of view. This is a home of endless character, where architectural details blend seamlessly with modern updates & inviting spaces.

Beautiful great room with beamed, vaulted ceiling, European tile floors.

Magnificent club-style living room boasts floor-to-ceiling custom mill work. Master suite with sitting area & private bath. French doors access patio, pool, & park-like back yard oasis. MLS #1304098 1814303

Terrific lakefront building lot in the fantastic community of Big Lake. Over 100 feet of low bank Big Lake waterfront. Survey complete with easement off of West Big Lake Road flagged. Water, power and sewer available. First phase of critical area for shoreline setback was completed in 2016. Building pad is cleared for viewing.

Existing debris removed from site. Leave the trees in and park it out for privacy from lake. Bring your plans & build your dream lakeside home!

“Fulfilling Northwest Family Dreams” 1801353

Anacortes Office

Mount Vernon Office

1202 Commercial Ave Anacortes, WA 360-588-1515 • adrhomes.net

2788 E College Way Mount Vernon, WA 360-416-6500 • adrskagit.com

www.adrhomes.net

Like American Dream Real Estate Mount Vernon

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

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FARM LAND…58 acres with 1000 + feet of Samish River older farm house with 4BD/2BA, 2 car garage, and sale also includes 3 other parcels. $795,000 #1362759

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CEDAR HEIGHTS SUBDIVISION…this 2 story home offers 4BD/2.5BA and could be your next home. Well cared for, hardwood flooring on main, kitchen open to living rm w/gas frpl, & attached 3 car garage. $360,000 #1362378

September 21, 2018

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Kristen Tuttle Yvonne Brown Galen Kindred Holly Hilts

LITTLE MOUNTAIN HOME…custom built spacious 3,370 SF home on 5 private acres. Open concept, kitchen with loads of cabinets, stunning lake & mountain views. One stop sign to freeway! $739,000 #1274478

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708-8392 840-4375 770-7083 661-5538

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LITTLE MOUNTAIN ESTATES…nice 1,136 SF, 2BD/2BA in 55+ community. Living room w/eating ear, kitchen has breakfast bar & pantry, 2 sheds for storage, & all appliances stay. Don’t forget the clubhouse with indoor pool too! $110,000 #1354612

Jeff Ingman Shelah Inman Jodi Dynes Fritz Inman

PR

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BURLINGTON RAMBLER…2BD/1.5BA pan abode home.

Updated kitchen, vaulted ceilings, light & bright. Large fenced backyard, covered patio, plenty of parking, close to I-5. All appliances stay. $279,000 #1362308

frontage. Many outbuildings, previously a dairy farm, plus

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202-2859 661-0145 333-7783 661-0147

Tim Reichert Ron Wortham Mary Jo Reitsma Travis Lohman

RE-Weekly.com

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ESTABLISHED WHOLESALE BAKERY BUSINESS…sale includes all equipment, supplies, customer list, and wonderful recipes, plus 2 days of training. Wonderful Opportunity! $21,000 #1280634 391-5587 661-1500 770-6013 661-4533

Tod LeHecka Jan Scally Dale Owenby Dana Holmes

333-1032 421-5160 913-8662 770-6716

1801368

Custom Log Home

#1292285 • $1,099,000

FEATURED HOME, FROM COVER

3

ALL FOR ONE, ONE FOR ALL, AND ALL FOR YOU. At Umpqua, you’ve got a whole team of team players dedicated to smooth, stress-free financing for your home.

Patty Fakkema Island County Manager 360.679.5055

Eldon Brown Skagit County Manager 360.707.2158

Shelley Miner Burlington Escrow Manager/LPO 360.707.2312

Christa Canell Freeland Escrow Manager/LPO 360.331.4838

Kari Pittenridge Oak Harbor Manager/LPO 360.679.5055

Brandi Jensen Stanwood Escrow Manager/LPO 360.629.9737

Diane Mills Anacortes Escrow Manager/LPO 360.299.0565

Holly Mathers Island County Title Manager 360.675.2246

Katey Von Hagel Marketing Representative 360.707.1076

Let’s chat!

Susie DeVries

Branch Manager, Senior Loan Officer NMLS 487442 CALL 360-230-2246

Clarissa Wong

Home Loan Officer NMLS 1733236 CALL 360-230-2244

Piero Rodriguez

Home Loan Officer NMLS 1172408 CALL 360-230-2241 Hablo Español

Roger Ragusa

LAND TITLE AND ESCROW W

Home Loan Officer NMLS 1731142 CALL 360-230-2248

umpquabank.com Member FDIC Equal Housing Lender

Loan products subject to credit approval. Other terms, conditions, restrictions & fees may apply.

Service you deserve with people you trust Visit any of our 5 locations in Oak Harbor, Burlington, Freeland, Stanwood and Anacortes

Ltco.com

HLD18.0428

1788690

Sandi riley 770-8670

1919 S. 17TH, MOUNT VERNON

R NEA

$275,000

K PAR EST LCR HIL

OPEN SAT./SUN. 1-4:00 NORA M. 360-739-4335/KATHY M. 360-708-4242 *DARLING 3 BEDROOM, 1 BATH RAMBLER W/WOOD LAMINATE FLOORS *VINYL SIDING, GORGEOUS PRIVATE FENCED YARD, LOTS OF R.V. & GUEST PARKING *WALK TO HILLCREST PARK,...QUIET DEAD END STREET, PRICED TO SELL! 997 CHESTNUT LOOP, “MONTREAUX” MT. VERNON

$534,500

S! EOU RG GO

YOUR HOME FEATURED HERE! CALL fOR A CURRENT “MARKET APPRAISAL” SANDI RILEY 360-770-8670 5517 92ND PLACE, MARYSVILLE NEW

$334,500

Sandi Riley 770-8670 475 SPRING LANE, SEDRO WOOLLEY

$285,000

CE! PRI NEW

OPEN SAT./SUN. 1-4:00 AMANDA T. 360-421-3972/MINDY f. 360-982-0126 *QUIET STREET W/NEIGHBORHOOD PARK & WALKING TRAIL, EASY I-5 ACCESS

*GREAT NEW PRICE! 3 BEDROOMS, 2.5 BATHS, LARGE MASTER SUITE *GAS HEAT, GAS FIREPLACE, WOOD LAMINATE DOWN, NEW CARPETING UP!

1190 SE 9TH, OAK HARBOR

$246,900

ED! UC RED

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ICE PR

OPEN SAT./SUN. 1-4:00 TINA L. 360-770-2620/SANDI R. 360-770-8670

OPEN HOUSE SAT. 10-1:00 BETSY fOSTER 425-870-4656

CALL SANDI RILEY 360-770-8670

*LOADED W/EXPENSIVE QUALITY UPGRADES, W/GAS HEAT, A/C, GAS FIREPLACE! *OPEN GRANITE KITCHEN W/3 HUGE PANTRY’S, SPACIOUS LIVING/DINING ROOM *3 BEDROOMS, DEN/OFFICE, BONUS ROOM, MASTER W/2 LARGE WALK IN CLOSETS!

*JUST REDUCED, IMMACULATE 3 BEDROOM, 1.5 BATH RAMBLER W/ALL APPLIANCES *LG. COVERED BACK DECK, FULLY FENCED YARD, “CUTE ART STUDIO OR GUEST COTTAGE” IN BACK YARD *DOUBLE GARAGE, LOTS OF GUEST & R.V. PARKING, HUGE COVERED PATIO

*NICE WATER/MARINA VIEWS, QUIET STREET, LOCATION, LOCATION, LOCATION!! *TRADITIONAL “BUNGALOW” STYLE, NEWER VINYL WINDOWS, GAS HEAT *NEW CARPETING & KITCHEN VINYL “ON ORDER” WILL BE INCLUDED W/PRICE!

4341 N. HAMILTON DRIVE, OAK HARBOR

9130 E. PRESSENTIN DRIVE, CONCRETE

9080 E. PRESSENTIN DRIVE, CONCRETE BIG

$228,900

OP /SH GAR

$164,500

BLE DA OR AFF

CALL SANDI RILEY 360-770-8670

CALL SANDI R. 360-770-8670

*REMODELED 2+ BEDROOM, 2 BATH W/NEW PAINT, NEW FLOOR COVERINGS & MORE! *OVERSIZE GARAGE/SHOP, HUGE COVERFED FRONT DECK, POSSIBLE “OWNER TERMS” *PARK LIKE W/HUGE CEDAR TREES, CIRCULAR DRIVEWAY

*SPECIAL “0” DOWN VA FINANCING, CALL TODAY FOR DETAILS! *OLDER BUT NICE 3 BEDROOM, 2 BATH DOUBLEWIDE W/NEWER FURNACE *NEWER VINYL, WOOD LAMINATE, + CARPET ALLOWANCE, LOWEST/BEST PRICE EVER!

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$209,000

!

ICE PR NEW

CALL SANDI RILEY 360-770-8670 *NEW WOOD LAMINATE FLOORS, LG. COVERED FRONT DECK *LOVELY 1/2+ ACRE SETTING W/CIRCULAR DRIVE, CALL TODAY! *3 BEDROOMS, 2 BATHS, MOSTLY ALL NEW PAINT, INSIDE/OUT

1814095

NORTH HOMES REALTY INC.

RE-Weekly.com

September 21, 2018

www.WindermereSkagit.com www.AnacortesRealEstate.com www.WindermereSedroWoolley.com RESIDENTIAL NE

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VACANT LAND

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yard in convenient location. Newer roof, water

524 Klamath Drive, La Conner $279,000 Enjoy spacious outdoor living with large deck & fully fenced huge backyard. Living room has wall of windows looking out to private yard.

Newer kitchen appliances. Good sun exposure.

Single Level home with 3 BR + den, steam shower in 3/4 BA + full BA. 2 car garage & ample parking in driveways from both sides of corner lot adjacent to huge SB open space area. Close to Shelter Bay marina, golf, swim, tennis, beach, & parks. Just over the Rainbow Bridge to the charming waterfront town of La Conner.

heater and fresh paint inside and out. Garden

Call Jackie Stone, 360-661-2247

629 E. Olympia Ave, Burlington

$265,000

This is the one you’ve been waiting for.

Charming one-level home with character throughout. Well-loved and maintained.

3bed/1bath with fully fenced level and sunny

#1357389

OPEN HOUSE SAt., SEPt. 22ND, 1-3 9476 Charity Lane, Bow $499,900 Beautifully updated 4+bedroom home in quiet country setting on a dead-end street on a .52 lot.

All new white kitchen cabinets, granite counter tops, and stainless-steel appliances, including a gas downdraft stove in the center island. 2 fireplaces, large family room w/wet bar, granite counter tops in baths. Large yard with fruit trees and RV parking. Additional 2.6 acres with 1/4 interest at end of the street with fenced shelter areas for cows, horses, or chickens.

Call Geri Cole, 360-391-1614 #1354291

and storage sheds in back yard. Perfect for the first-time homebuyer or investor. A must see!

Call Paul Weisz, 360-391-7281 W NE

#1362689

NHN Penn Road, Mount Vernon 12.4 acres on Skagit River, Recreational

property. Very private, surrounded by dike and private gate. Great place to come and camp, ride ATV’s or just bring your fishing pole and enjoy the River. May have some marketable timber, buyer to verify. This is a must see! Parcel No. P22664 is also included.

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Call Geri Cole, 360-391-1614 NE

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bathrooms, kitchen counters, refinished

3903 J Ave, Anacortes $415,000 Beautifully updated home in this quiet residential neighborhood close to schools and Anacortes Forest Lands. Bathroom totally remodeled in 2017. Kitchen completely updated, new appliances, granite counter tops, and tile back splash. New roof and gutters in 2017, new brick patio with composite fencing and shed for easy maintenance. Large deck looks out onto a lovely yard. Potential boat or RV storage in 1176 sf garage that is insulated and has its own heater and thermostat. 30-amp power.

cabinets, & new flooring. Full set of stainless

Call Kelly Middleton, 360-293-8008

1717 N. 35th Street, Mount Vernon

$278,000

Well taken care of and updated 3 bed/1.5 bath rambler in quiet, centrally located neighborhood. Home has updated

$55,000

#1360063

2703 Fir Crest Blvd, Anacortes $515,000 Contemporary Fir Crest Rambler with ACFL bordering back yard and steps from path. This lovely, well maintained 3BR, 2BA home with Brazilian Cherry wood flooring, flows comfortably into Great Room. Here enjoy the view of the Forest Lands, gas fireplace, & generous kitchen of cherry wood cabinets, SS GE Profile appliances and granite counter tops. Spacious Master Suite with walk-in closet and jacuzzi tub. Utility room with over-sized sink & pull-out drawers is conveniently located off the kitchen.

Call Elizabeth La Rance, 206-747-0676 #1362382

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#1313369

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NHN Point Williams Place, Bow

$45,000

Wonderful south facing no-bank recreation waterfront land. Hike in using trail or use a boat to enjoy this level beach w/amazing views.

Sitting on 140 ft of waterfront, there is plenty of

steel kitchen appliances. Keep warm w/an

room for your relaxing activities. Not possible

efficient gas freestanding stove. Walk-in closet

to build a home; it would make for perfect

in master w/a private 1/2 bath. Mostly fenced

summer day trips. Located on the north end of

Looking for home financing? I’m here to help!

w/electrical, windows, & insulation. Lots of extra parking for a boat, RV, or extra cars.

Walking distance to SVC. Call Cory Kiehn, 360-441-1760

#1360227

For a free pre-approval, please contact: WA-CL 713524, OR-ML 5271

Amie Mani • 360.428.4626 Download my smartphone app at: amie.mortgagemapp.com

Amie Mani | NMLS ID # 404665 | branch manager/Mortgage Consultant | WMS Series LLC/Skagit Valley

the island, there are very few homes ensuring lots of privacy. Samish Island is easily reached by land bridge. Recorded easement for trail.

Must have appt and can’t drive by.

Call Cory Kiehn, 360-441-1760

Windermere Real Estate/Skagit Valley • 1030 East College Way • Mount Vernon • (360) 424-4901 Windermere Real Estate/Anacortes Properties • 3018 Commercial Ave • Anacortes • (360) 293-8008 Windermere Real Estate/North Cascades • 520 Cook Rd • Sedro-Woolley • (360) 856-4901 September 21, 2018

RE-Weekly.com

#1361062

1800742

backyard w/fruit trees, garden space, & shed

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New or Old? Question:

We are about to enter the real estate marketplace. Do we buy a new home from a builder or an existing home? What are some of the issues we should consider?

Answer:

The first issue is price and affordability. As of June, the typical existing home sold for $276,900 according to the National Association of Realtors.

New homes during the same month had a median price of $302,100 according to HUD and the Census Bureau.

For many potential buyers, the issue of price decides the question – existing homes are simply more affordable.

But let’s assume price isn’t an issue. How do new and existing homes compare in that case?

With a new home, you get to make choices

regarding design, colors, flooring and upgrades.

The property can reflect your personal preferences and desires. Nobody lived in the house before you. You don’t have to worry about prior pets, hidden damage or simple wear and tear.

Public tastes change over time and new homes can reflect recent trends. For instance, the main focus of the house may be a kitchen/great room combination rather than the separate dining and living rooms found in older homes. New home closets and bathrooms are likely to be larger than with traditional properties.

With your new home, you typically will get a 10-year structural guarantee and a two-year limited-liability warranty from the builder, backed up by an outside third-party. In addition, individual appliances and systems will have separate manufacturer guarantees. With such warranties, new home buyers are unlikely to face big repair bills for many years.

Operating costs for a new home are likely to be smaller than for an existing house of similar size.

With greater energy efficiency, new technologies can result in lower costs to heat and cool new construction.

Q& A

ASK OUR BROKER

By Peter G. Miller

Existing homes also can offer many attractions. Being older, existing homes may well have locations closer to metro centers rather than distant suburbs. This can mean quicker commutes and better access to downtown activities.

With an existing home, you’re likely to find that many systems and appliances have been updated over time. Gardens may be well-established. The old living room may now be a large dining area and the formal dining area might have a new use as a home office or play area. What used to be the rec room is now the social center, replacing the living room.

The reality is that all homes are unique.

It’s worth visiting open houses in both new developments and older neighborhoods to see what you really like, and to not worry about labels.

NORTH PUGET SOUND ASSOCIATION of REALTORS® 525 East College Way, Suite J

Mount Vernon, WA 98273

Tel. (360) 416-4902

www.npsar.com

REALTORS® Sponsoring Blood Drive Wednesday, September 26th 7:30am - 9:30am & 10:30am - 1:30pm 525 E. College Way Parking Lot, Mount Vernon (located in the North end, at Commercial St.) Every minute of every day, blood works miracles in our community for people facing cancer treatments, trauma care, blood diseases and organ transplants.

You’re the Best Type To Give Blood!

1801339

For information and to sign up, contact Bloodworks NW at 1-800-398-7888 or go to Bloodworksnw.org. For directions, call NPSAR at 360-416-4902.

Mission Statement: The Nor th Puget Sound Association of Realtor s advocates for Realtor s and their clients, and promotes the protection of property rights.

6

RE-Weekly.com

September 21, 2018

Retirees Should Plan Before Renting

RE-Weekly.com

CLASSIFIEDS

Selling the family home for the cash can backfire in the long run

Warehouse, Burlington Business Park, 840 sq. ft. of office, 4,000 sq. ft. warehouse. 12 x 14 drive in door and loading dock, gas heat and air conditioning. Call Allen Brown at 360-770-9877.

PUBLISHER'S NOTICE

H

ere’s how the American “dream” has traditionally worked: Rent as a young adult, while saving for a down payment; buy a home and maybe buy again a couple of times; leave when advanced age means you require care or can’t maintain your home.

Now, though, a significant number of households age 55 and over are shortcircuiting that process and selling early, and opting to rent.

According to the Harvard Joint Center for Housing Studies (JCHS) there are some 1.9 million more households 55 and over renting now than in 2006. Part of the increase is due to the greater numbers of the Baby Boom generation, as well as owners who lost their home to foreclosure during the recession.

But, there’s a burgeoning group of 55 -plus homeowners who would rather rent, notes Richard Fry of the Pew Research Center.

For some, the draw has been the many newly built apartment complexes catering to the 55-plus demographic, adds James Chaknis,

September 21, 2018

spokesperson for JCHS. “A lot of people talk about (selling and then renting),” adds New York City financial planner David Schneider. “They may have a lot of equity but not a tremendous amount of retirement savings.”

But using equity—which is the amount of a home’s value that is not mortgaged—early in retirement can be risky, especially for those in their late fifties or sixties, Schneider notes.

Funds must be invested conservatively to avoid potential losses. At the same time, Schneider says, very conservative investments might not provide the cash flow needed to pay rent and other expenses.

It’s a complex calculation, and one on which would-be retiree renters should consult with financial experts, he says.

“It may be more [economical] to stay in your house,” Schneider concludes, noting that renting a room AirBnB-style or taking in a roommate are increasingly popular options for house-rich retirees.

RE-Weekly.com

All rental and real estate for sale advertising in this newspaper is subject to the Fair Housing Act which makes it illegal to advertise any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status or national origin, or an intention, to make any such preference, limitation or discrimination Familial status includes children under the age of 18 living with parents or legal custodians, pregnant women and people securing custody of children under 18. This newspaper will not knowingly accept any advertising for the rental or sale of real estate which is in violation of the law. Our readers are hereby informed that all dwellings advertising in this newspaper are available on an equal opportunity basis. To complain of discrimination call HUD at (206) 220-5170.

LA CONNER COMMERCIAL WATERFRONT $625,000. 608 S. First Street.

3 commercial units + 2nd floor apartment + moorage.

55' waterfront.

Current income in place.

CBA ID# 596812 Hansen Real Estate, LLC 206-604-7941

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10 - January Easy29, to 2018 use tools & the most up-to-date information for finding local real estate

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1403 alPine vieW Drive, MounT vernon eaGLeMONT

sPecTacULar seTTING ON THe 12TH FaIrWaY

44935 KayaK Trail, ConCreTe

$665,000 18489 anDiS rD., BurlinGTon

French Country Manor Home in Beautiful Eaglemont Golf Course Community. Pride and workmanship in this immaculate 3358 sq.ft., 4 bed, 3 full bath & 2 half baths. Tile & hardwood floors, white shutters & blinds throughout. Kitchen w/granite, 5 burner gas stove, new furnace. Great room w/soaring book shelf & gas fireplace, wet bar w/fridge and sink. Lg dining, spacious master w/en suite Jacuzzi tub, walk-in shower, closet w/built-ins. Covered entertaining patio & 3 car garage. To learn about Eaglemont, Elva Hunter John Hunter visit: www.eaglemontgolf.com 360-202-3086 360-202-3854

$27,950

Looking for a fun, relaxing place to GET AWAY? This lot, within walking distance of lake, pools etc, is ALWAYS ready for YOU. Offers slab/patio, storage, utilities. Arrive when you want, stay as long as you want, and leave when you feel like it. Gated community offers year-round fishing (no permit needed), swimming pools, community beach, boating, hiking, other sports & activities, or just plain relaxing and enjoying nature to its fullest. Create the vacation experience YOU desire EVERY Shirley Bertholf TIME! MLS#1297435 360-840-1863

Lake TYee

3789 e DiviSion ST, MounT vernon Great 10 10+ acres for higher

$835,000

acre development property end homes or Planned Unit Development. Amenities include: Public Utility District water, Cascade Natural Gas, Puget Power (Puget Sound Energy), high speed internet, city garbage pick-up and access to city sewer.

Beautiful wooded property with territorial view and open park-like setting.

Includes vintage home with basement and detached garage, and is currently Danya Wolf 360-708-8294 rented. MLS#1299587

7358 SKaGiT vieW Dr, ConCreTe

loT 18 TrilliuM lane, ConCreTe

$29,900

1618 uniSon PlaCe, MounT vernon $854,000 Classic large home on the 12th Fairway Golf eaGLeMONT Course in beautiful Eaglemont. 3 stories with plenty of room. New carpeting and all new stainless steel appliances and granite counters.

Gracious entertaining with living room, formal dining & kitchen w/great room & atrium.

Curved staircase to Lg. Master & walk-in Closet & 5 piece bath & 4 bedrooms, 2 bath. Downtairs with spacious family room, wet bar, pool table, sauna, 2 bedroom & 2 bath, fireplace, ready for your guest, 3 car garage & tile roof! Elva Hunter MLS# 1234575 360-202-3086

Lovely future building site requisite on using water catchment system to obtain building permit. Power to the property.

Nicely treed level tract of land with open area ready for building in the future.

Paved street. Walking distance to Rasar Danya Wolf 360-708-8294 State Park! MLS# 1254912

23786 KaMlooP CT., MounT vernon

$155,000

$419,500 Beautiful Burlington home, with large shop, outbuilding, greenhouse, fruit trees, large yard to play in. Home is in immaculate shape inside and out.

Excellent location with low traffic, lots of parking on paved driveway. Inside of home boasts dining room, big living room & hardwood floors and carpeting. Shop is spacious 26x34 and Brett Tacker heated! MLS# 1350208 360-840-7931

FREE Seminar …for Seniors and Their Family Members

Understanding Probate Help With Transferring or Executing an Estate Large lot in Nookachamp Hills Community. Beautiful country setting overlooks a private lake for you to enjoy. Less than 10 minute drive to the city of Mount Vernon. All utilities are stubbed to the lot.

MLS# 1059504

Yolanda Sakuma

360-421-0435

$79,900

• How to Avoid Probate, If Possible • How to Navigate Probate, If You’re In It • How to Efficiently Transfer Your Estate DATE/TIME: PLACE:

Tuesday, September 25, 2018, 2:00 PM Logan Creek Retirement Community • 2311 E. Division St., Mt. Vernon, WA

Brock Stiles and Timothy Lehr, Stiles Law Firm Shirley Bertholf, Certified Probate R.E. Specialist RSVP to Shirley at 360-840-1863

Thank You fOR vOTing Skagit tradition realty BEST REal ESTaTE OfficE!

Ready to build level lot with 3 bedroom septic in place.

Power and water on property. Trees provide privacy. Gated boat launch, community beach access, tennis courts, large gazebo and community park.

Carla Fischer Suzanne Jenkins MLS# 1363180 360-982-0010 360-941-2983

360.424.0300

3780 E. College Way, Mount Vernon

www.skagittraditionrealty.com 1801496

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RE-Weekly.com

September 21, 2018