7480 Thistle Lane

Anacortes, WA 98221

$949,000
Price
5
Beds
4
Baths
3,700 Sq. Ft.
$256 / Sq. Ft.
3,700
Sq. Ft.
$256
per Sq. Ft.

Description

Whether you're looking for a forever home or a strategic investment opportunity, 7480, 7510, 7500, 7496 Thistle Lane presents both with partial views. This is a property with multiple rental units currently occupied by tenants. Thistle Lane provides a serene retreat from the hustle and bustle of everyday life with 3.41 acres and breathtaking views of the surrounding landscape as well as a 25 ft. by 40 ft. shop. This property offers a unique opportunity to immerse yourself in the natural beauty of...Whether you're looking for a forever home or a strategic investment opportunity, 7480, 7510, 7500, 7496 Thistle Lane presents both with partial views. This is a property with multiple rental units currently occupied by tenants. Thistle Lane provides a serene retreat from the hustle and bustle of everyday life with 3.41 acres and breathtaking views of the surrounding landscape as well as a 25 ft. by 40 ft. shop. This property offers a unique opportunity to immerse yourself in the natural beauty of the Pacific Northwest.
  1. Listed by Malia Morin • American Dream R. E. Services
  2. Listed by Leonard Johnson • American Dream R. E. Services

Property Details for 7480 Thistle Lane

Community Name
Anacortes
School District
Anacortes
View
Partial, Territorial
Number of Assigned Spaces
18
Total Covered Parking
6
Entry Date
02-13-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of American Dream R. E. Services
Add your commute
LISTING UPDATED: 04/18/2024 02:32 PM

Property Details for 7480 Thistle Lane

StatusActive
MLS #2199700
Days on Market74
Cumulative Days on Market74
Taxes$7,629 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size3.41 AC / 148,537 SF
CountySkagit County

Location

Listing Courtesy of American Dream R. E. Services
Add your commute

Building Information for 7480 Thistle Lane

Stories1Residences4Year Built1940Building Size-Lot Size3.41 AC / 148,537 SF

Payment Calculator

$5,815 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,179

Property Taxes

$636

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7480 Thistle Lane

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Deck, Outbuildings, RV Parking
  • Area: 815 - Anacortes
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Anacortes Mid
  • High School: Anacortes High
  • Effective Year Built Source: Public Records
  • Directions: Going west onto highway 20 Go thru the roundabout turning left onto Southbound highway 20 Going thru the second roundabout onto Gibralter Turn right onto Thistle Lane
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
  • Additional Tax Ids: P20429
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Interior Features
  • Floor Covering: Engineered Hardwood, Vinyl, Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: See Remarks,Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air, Tankless Water Heater
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: Septic
  • Water Company: PUD
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Post & Pillar, Poured Concrete
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • MLS Square Footage Source: Owner
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1940
  • Photos Count: 21
Lot Information
  • Lot Details: Corner Lot, Dead End Street, Open Space, Paved
  • Lot Number: 2-A
  • Lot Size Source: Skagit County property search
  • Parcel Number Free Text: P20429
  • Calculated Square Footage: 3700
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3700.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 10
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $672
  • Total Expenses: 10501
  • Gross Adjusted Income: 41099
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: $51,600
  • Insurance Expense: $2,200
  • Net Operating Income: $51,600
  • Other Expenses: $0
  • Total Monthly Income: 4275
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 7480
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Rent Unit 1: $1,800.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 7510
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Rent Unit 2: $650.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 7500
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Rent Unit 3: $875.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 7496
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Rent Unit 4: $950.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5012.0
  • Leasable Area Units: Square Feet

Property History for 7480 Thistle Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7480 Thistle Lane

Taxable ValueLand$249,100Additions$616,000Total$865,100
Tax Record2023$7,219 ($602 / month)
Home Facts
Beds2Baths4.5Total Finished SqFt1,644 SqFtAbove Ground SqFt1,644 SqFtStories1Lot Size148,540 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1996CountySKAGITAPN340217-2-004-0001Fireplace TypeHas Fireplace

Schools near 7480 Thistle Lane

This home is within Anacortes School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Fidalgo Elementary School
PublicK to 5

Anacortes Middle School
Public6 to 8

Anacortes High School
Public9 to 12

Mount Erie Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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7480 Thistle Lane is a multi-family home for sale in Anacortes, WA 98221. This property was listed for sale on February 13, 2024 by American Dream R. E. Services, it's currently listed at $949,000. It has been on the market for a total of 74 days and was last sold on October 31, 2011. This listing's school district is Anacortes School District. Nearby schools include Fidalgo Elementary School, Anacortes Middle School and Anacortes High School. 7480 Thistle Lane is a 5-bed, 4-bath, 3,700 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of American Dream R. E. Services

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.