Real Estate Weekly | April 15, 2016 by Skagit Publishing

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

INSIDE RE-Weekly This Issue

RENTAL MARKET A HIGHER COST FOR LIVING LARGER

P. 4

Q & A: ASK OUR BROKER P. 8

HELOCS ON THE RISE P. 9

CLASSIFIEDS FEATURE HOME: 7129 Cougar Gap, Glacier

SEE PAGE 3 FOR MORE

Rebecca Chamberlain, Windermere RE Anacortes

RealEstate weekly

A supplement to the Skagit Valley Herald and the Anacortes American

P. 1011

$299,000 360.421.5021

FEB.15 5 APR. FEB. 11, APR. 21, 2016

Re-Weekly content sponsored by: Northwest Fine Furnishings

PAGE

TABLE OF CONTENTS

Rental Market - A Higher Cost for Living Larger P. 4

Furniture polish, leather care products, butcher block oils.

Q & A: Ask Our Broker P. 8 Helocs on the rise P. 9 Classifieds P. 10-11

Lots of barstool choices. Freestanding coat trees. Wooden high chairs. Wall-mount coat racks.

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We make your house a home. *Ask about our new homeowners package* Mon-Sat 9:30 - 5:30 pm • Sun 11 - 4 pm (360) 424-8455 • www.nwff.com 919 Riverside Drive, Mount Vernon

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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

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Territory NW

Go to our website for a quick and easy way to search all listings! 320 S Burlington Blvd • Burlington www.SkagitValleyRealEstate.com (360) 755-9494 • (800) 775-0153 D AN TL N CA VA

OPEN HOUSE SAT. APR. 16TH 1-3PM 303 Coates Lane, Sedro-Woolley $245,000 Dir: From Hwy 20, North on Murdock and East on Coates. Fantastic location on quiet cul-de-sac. 3 BR, 1.75 BA. Unfinished bonus area ready for your ideas! Fenced yard and covered patio. RV parking. Outside sprinkler system. MLS #919474 Call Elizabeth, 708-8800

W NE

G TIN LIS

D CE DU E R

Mount Vernon $259,000 2 story home in The Meadows. 4 BR + office/den, 2 ½ Baths. 1830 sq. ft., Master on Main. Liv. Rm. w/gas Fireplace. Attached 2 car garage. Convenient location to I-5 and shopping. MLS#923036 Call Charlie, 708-1415 or Jeannie, 708-9645

Wilma Louia Designated Broker/Owner 661-1631

Concrete $89,900 Affordable 3 BR, 2 BA manufactured home. Newer windows & laminate flooring. Nice large lot w/mature evergreens. Located in Cape Horn community w/ community access to Skagit River. Live here for less than rent! MLS #894110 Call Debbie, 708-8780

Charlie & Jeannie Boon 708-9645

Jim Stransky 708-1681

Mount Vernon $105,000 Two 1.12 acre fairly flat side by side parcels each sold separately. Views of Big Lake. Water & power at street. Sewer or septic allowed. No CCR’s! MLS #909750 & MLS #909813 Call Ivana, 770-3550

Concrete $154,900 Need a shop? Very nice & clean 2 BR, 2 BA home w/ office/bonus rm. Roomy backyard with park like setting on .41 acres. Fully fenced yard. Garden shed, gazebo & fire pit. Full RV hookups. MLS #811932 Call Corinne, 202-2397

G IN ND E P

Lyman $309,900 Well-kept 3 BR, 2.5 home. Daylight basement. Rec room downstairs. 2 car detached garage. Full acre with outbuilding. MLS #916823 Call Jim, 708-1681

Kirk Campbell 770-7470

D CE DU E R

Ron Van Pelt 333-1045

Elizabeth Detillion 708-8800

W NE

Sedro-Woolley $429,000 Warm and welcoming home with Craftsman style. 5 acres of privacy. 3 covered porches. Maple floors. Custom walnut cabinets and trim throughout. Pond and stream on property. 3 BR, 2 BA. Large shop. RV Parking. MLS #904004 Call Mike, 540-1341

Ivana Wood 770-3550

Mike Welling 540-1341

Debbie Benjamin 708-8780

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G TIN LIS

Bow $549,000 5 BR, 4.5 BA, 2205 SF home. 3.7 acres. Open floor plan. Updated appliances. 2 car attached garage. Hot tub & swim spa. View of Samish Bay. Some marketable trees. MLS #923858 Call Wilma, 661-1631

Corinne Cartwright 202-2397

Maggie deSouza 610-8413

Ayla Contois 610-1652

Jennifer Baker 220-1526

Mount Vernon $184,900 1.5 story 3 BR home. Fenced yard with lots of garden area. New floor coverings and paint. Gas fireplace and new roof. All new appliances and cabinets. MLS #912470 Call Kirk, 770-7470

Are you looking for a Property Manager? Call today at 360-755-5555!

Willa Gilquist 253-318-6131

Luara Kaestner 441-5099

Traci Erickson Property Manager 755-5555

April 15, 2016

AMERICAN DREAM REAL ESTATE SERVICES, INC. 100’ Skyline Marina Moorage For Lease- Light Industrial #887349 • $3,400 #887380• $ 369,000

7129 COUGAR GAP, GLACIER

For Lease- 6600sqft free standing Prime Light Industrial building. Property is just of I-5 at Anderson Rd. Approximately 2200 sqft feet of air conditioned finished office, storage & bath. Wired for phone system and Internet service, Fiber optic & T-1 available also. Ware house features 8 roll up doors (4 drive through) and 1 dock high door as well as office space and rest room. Ample parking and great location!

Nicely treed 1.6 acre building lot just south of Mount Vernon City limits. This is a certified building lot, gas electric and water in street at property line. Easy access to I-5 & Mount Vernon.

Nice 3 bedroom 1 bath #900015 • $166,000

Nice 1 bedroom 1 bath # 861758• $ 234,000

Private yard w/deck #913798 • $259,900

Great investment property, nice triplex in Mount Vernon. New roof and flooring through out each unit. Each unit is 800 sq ft and have one bedroom, one bathroom. Each have separate entrances with ample parking. Each unit rents for $650 per month.

Tucked away in peaceful setting this 3 BR, 2 BA home offers 1 level living w/spacious, living rm w/ gas fireplace, kitchen w/eating space, dining rm & utility rm. Private yard w/deck, tranquil waterfall, greenhouse, garden space, several outbuildings for storage, covered RV pkg, even a separate building w/half bath was used as office, but has potential for MIL unit. Newly installed electrical panel. Root cellar & room for toys on .34 acre. Easy I-5 access, in Boeing Bubble!

Anacortes Office

Mount Vernon Office

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

Like American Dream Real Estate Mount Vernon

360.757.6013 800.869.7084 OPEN HOUSE • SATURDAY APRIL 16TH 12-2.

826 BELLA VISTA LN, BURLINGTON HOSTED BY: HOLLY HILTS

www.adrhomes.net

Brown McMillen Real Estate

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

OPEN HOUSE • SATURDAY APRIL 16TH 12-3PM

10515 SAMISH ISLAND RD, BOW. HOSTED BY: JODI DYNES

NICE RAMBLER… 1465 sf, 1 75 Ba., home on 10 BEAUTIFUL CRAFTSMANSHIP, top of Brl Hill. Over PRIVATE 1 ACRE setting w/spacious home. Wrap acres. Lg living room w/wood insert. Good sized kitchen w/eating area. 26X30 shop, good for horses. $385,000. 4000sf.many custom features. 559,900. around porch. $585,000. #891540 #920274 5 ACRE VIEW LOT… on Bayview Ridge..beauti- AFFORDABLE 20 ACRES… nicely wooded & in- VERY NICE… like new home, walking distance to La ful westerly views of farmland, islands & bay. Great cludes water share in community well. Acess road ends Conner. 3Br,2 Ba. just over 1100 sf.. New interior paint nbeighborhood w/established homes,close to I-5. at edge of property, great privacy..$65,000. #891010 & heating system. # 914922 $149,000 $349,000. #905050 MONEY MAKER… automated car wash located COMMERCIAL SITE… in excellent Mount Vernon loATTENTION BUILDERS… two acres zoned R-2 ready near Western WA University. Priced for sale at 8.5% cation, paved street w/all utilities available and drainto be developed. Potential for 8 or 9 lot subdivision CAP on actual 2015 Net Income. Great investment at age installed. $437,000 #676549 with utilities in street. Convenient to town. $585,000. $1,466,000. #817963 NEWER SEDRO WOOLLEY HOME… on 4.5 acres,. #772211 TRIPLEX FOR SALE… 3 units, two Bedroom’s, one-1 daylight basement, spacious master suite & granite BURLINGTON LOT… zoned general commercial. Per- bedroom, great rental, newly remodeled & Skyline am- kitchen. 2Br. downstairs, full Ba., 3 bay enclosed gafect site for clinic or any professional use, sewer & menities included. $359,900. #913008 rage & wild life pond. $424,500. #898498 water.Survey & elevations complete. $415,000. SAMISH ISLAND LOT… Enjoy peek-a-boo Island LARGE MOUNT VERNON LOT… edge of town living READY TO BUILD… 31 Lots in Nookachamp Hills near views from this lot, which also includes easement to off Francis Rd., .32 ac lot has Sound and Island views Big Lake. Water, Sewer, Electric & Nat’l gas to each lot. the beach below. .24 ac. Parcel. $75,000. #777533 to enjoy with your new home. $78,000. #709836 Priced from $84,000-$145,000. # 746424 -#746695

Yvonne Brown Jodi Dynes Galen Kindred Holly Hilts

April 15, 2016

840-4375 333-7783 770-7083 661-5538

Rebecca Chamberlain 360.421.5021

Relaxation doesn’t get much better than this! Lovely 3 bedroom, 1-3/4 bath home nestled in the trees in the quaint residential community of Snowline in Glacier. With the National Forests just steps away, hiking, mountain climbing, river rafting, skiing & mountain biking are available to your year around enjoyment. Additional amenities include tennis, basketball, swimming, horse shoes & children’s playground. MLS # 842281

“Fulfilling Northwest Family Dreams” 1202 Commercial Ave Anacortes, WA 360-588-1515 • adrhomes.net

$299,000

Windermere Real Estate Anacortes 3018 Commercial Ave, Anacortes, WA 98221 360.421.5021 www.AnacortesRealEstate.com

Nicely Treed Building Lot #881785• $ 125,000

100’ of the Finest Moorage Skyline Marina. 100’ Side tie slip on the east end of H Dock includes slip #’s H11 and H13 in condo 18 at Skyline right across from Fuel dock. The Closest mainland Marina to the San Juan Islands with unusually deep bottom at 40’ for deep draft vessels also offers 150 amps of power for your Yacht. Secure moorage with gated entry to marina, clubhouse, laundry, restroom, and shower areas. Also included is membership to Flounder Bay Yacht Club & Skyline Beach Club.

Nice 3 bedroom 1 bath Fannie Mae home in Mount Vernon. This terrific property is located right in Mount Vernon with easy access to schools, shopping, and the Hospital. Home features gas heat, hardwood floors, fenced yard with shed, large covered patio. Nice carport with extra sized RV carport too!

FEATURE HOME FROM COVER:

Jeff Ingman Shelah Inman Kristen Tuttle Fritz Inman

202-2859 661-0145 708-8392 661-0147

Tim Reichert Ron Wortham Mary Jo Reitsma Travi Lohman

RE-Weekly.com

391-5587 661-1500 770-6013 661-4533

BURLINGTON PARK… excellent 1109 sf 2 Br.,2 Ba., Markette home. Central air, gas heat, big living rm., + a 2 car garage. All appl., stay. 55+ park $85,000. #880695 BURLINGTON IN TOWN LOT… bring builder, lot complete w/engineering & 1800 sf plan approved. Convenient to town, schools & I-5. $59,000 LAKE CAVANAUGH-NO BANK WATERFRONT… Gorgeous views from charming home beautiful wood floors, wood vaulted ceilings. Spacious kitchen, lg deck, outdoor frpl & your own dock. $725,000. #810568 BUILD YOUR DREAM HOME… gently sloped 1.7 acre lot w/lake & mtn views. Choose your plans & build. Utilities in street. $120,000. #700679 A FIXER… 3 Br., 1.75 Ba, clasic home, perfect for a rehab loan. Hardwood floors, gas f/place, lg utility rm., unfinished basement & generous lot. New on Market. Just $150,000 #886431

Terri Heyntsen Tod LeHecka Jan Scally David Parsons

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

Rental Market

A Higher Cost for Living Larger

or renters, the math is simple: A 1-bedroom for $1,585 is cheaper than a 2-bedroom for $1,833 and a lot less than a 3-bedroom for $2,048. But from the perspective of a landlord intent on making the most money out of every square foot, the larger units are a relative bargain. Look at the cost per square foot: an effective rate of $1.96 per square foot for a 1-bedroom, $1.62 for a 2-bedroom and $1.44 for three bedrooms, according to Dallas research firm Axiometrics. Years ago, fewer than half of all new apartments constructed were 1 bedroom or studio units, says Axiometrics’ KC Sanjay. Since 2012, however, builders have constructed about ten percent more of the smaller units, hoping to pack more profit into a building, Sanjay says. Now, apartment developers are pivoting again, as landlords find increasing demand for larger units, says Jeff Kottmeier of John Burns Real Estate Consulting, Washington, D.C. “Contrary to history,” notes Kottmeier, “3-bedroom units are now often renting for more per square foot than 2-bedroom units.” Fueling demand, says Kottmeier: baby boomers selling large homes and moving into a rental, “one that’s smaller than the house they had, but still a big apartment,” and families with children. Large units constructed now won’t be available until 2017, Kottmeier says.

The best way to land newly constructed units is to search the pre-leasing sections of apartment listing sites, says Michael Cohen of CoStar Group, Washington, D.C., parent of apartments.com. “You can secure a unit before it’s completed with a rental deposit.” Many apartment companies list available rentals for immediate occupancy. For apartment hunters who are looking to move in a couple months, call or visit the leasing office of the building to see what’s available later, advises Cohen.

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April 15, 2016

4518 EDGEMONT PLACE, MOUNT VERNON

SMARTER. BOLDER. FASTER.

$310,000

North Homes Realty Inc. 360.424.2100 • www.century21northhomes.com

Skagit Tradition Reality 3780 E. College Way Mount Vernon, WA 360-424-0300 www.skagittraditionrealty.com

OPEN HOUSE: SAT. 12-3 14601 Avon Allen Rd. Mt Vernon Danya Wolf 360-708-8294

$449,000 • 2 bdrms, 2 bths For details & directions,

visit openhouse.com

G N I

April 15, 2016

Incredible valley and mountain view from custom 3,000 sq ft 4 + bedroom, 2.75 bath home with granite kitchen counter tops; brick masonry heatalator fireplace; bay window off of living room; daylight basement; wraparound decking;and stair steps along easterly side of home. All nicely framed with fir,cedar, and maple trees, beautiful rhododendrons; and a circular driveway with lots of parking at the top! Best of both worlds: close to town yet private setting on park like 4/10 acre tract.. MLS#917099

$249,500

MLS#919889

• 1495 sq ft home • Family room • Garage & carport • Natural gas heat

Amy Harrison 360-913-5162 Amy Wickenhagen 630-9479 Anita Kohl 961-7795 Arlene Vonachen 853-6429 Connie Moulaison 770-1341 Duane Gish 770-9299 Jackie Lindeman 770-9080

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$239,500

MLS#917543 $385,000

MLS#915168

$424,500

MLS#921219 $52,900

MLS#917183

• Great location, • 3 bdrms, 1.5 bths • Newer 30 yr roof • Sunset views

• 4 bedroom home • Master on main • Large bonus room • Custom fencing

• 55+ park beauty • Lots of storage • Updated rambler • MIL apt • ½+ acre lot • 2 car garage + Shop • Lg family room • Upgraded

Jennifer Ohlsen 360-540-0717 Jimmy O’Connor 853-6098 Josh Arunakul 360-982-3084 Kenda Furman 391-0030 Kimberly Gregory 360-941-0058 Margie Ernst 708-3198 Maria Mendoza 610-3309

Marlene Deasy 661-6720 Mel Strickland 206-948-4392 Mike Newman 708-1419 Nicol Macri 206-962-9475 Rich Jones, Mgr 425-791-2879 Richard Sundance 420-4046 Sandi Hocking 708-1523

Sandi Riley 770-8670 Scott Heiner 540-7537 Sharon Stokes 661-6164 Shelley Camacho 708-4377 Traci Cypher 708-9481 Vernonica Reyes 425-301-4669

www.WindermereSkagit.com RESIDENTIAL

VACANT LAND W NE

W NE

1829 Viewmont Dr, MV $238,500 Cute, updated rambler with beautiful wood floors located in a park-like setting on nearly half an acre. 3 beds, 1 bath, 1056 SF. Come home to this beautiful landscaped back yard with fruit trees & berries galore! The back yard is fully fenced & provides a ton of privacy. Call Spencer Roozen, 708-0634 MLS#918199 NE

OPEN HOUSE SAT, APRIL 16TH 10-12 1068 Homestead Dr, Burl $278,000 3 bed, 2.5 bath home located in a desirable neighborhood close to schools, community parks, & easy access to shopping & I-5. Main level has an open floor plan with a large kitchen & family room leading out to a deck overlooking the back yard. Call Spencer Roozen, 708-0634 MLS#913985

W NE

12896 Maple Ave, Clear Lake $500,000 Newer home built with insulated IFC concrete walls. 3 beds, 2.5 baths, 3106 SF. South facing windows allow natural light into this open floor plan. Gourmet kitchen, perfect for entertaining. Radiant floor heating. Mother-in-law/guest suite above the garage. Raised garden beds, fully landscaped. Call Becky Elde, 770-9427 MLS#920517

2121 Forest Dr, MV $369,000 Beautifully updated, energy-efficient single-level home in quiet neighborhood. Oak floors flow through the living/dining areas. Beamed, vaulted ceilings in the great room with skylights. French doors lead to 12x14 covered deck. Updated kitchen w/granite, stainless appliances. Master suite w/ private tiled bath, walk-in-closet. Outdoor living areas include deck, patio, & greenhouse. 3 car attached garage w/shop area. Call Megan O’Bryan, 708-5817 MLS#923059

W NE

13078 Beaver Lake Rd, MV $259,000 Nearly an acre with a beautiful view of Clear Lake from your living room window. This beautiful home has many updates, new kitchen complete with granite counter tops, new bathroom, new trex deck off the kitchen large enough to entertain in this private backyard. 2 car garage has shop space & a finished rec room perfect for watching sports, doing crafts, sewing, or art studio. Call Becky Elde, 770-9427 MLS#917134

530 N. Waugh Rd, MV $484,900 Hilltop Estates offering 3394 SF of living with sunny territorial views. 4 bedrooms, 4 baths + office all on over .5 acre of beautiful landscape. Call Elizabeth Miller, 420-3607 or Travis Miller, 420-7291 MLS#919217

3474 Old Highway 99 Rd Ln, Burl $150,000 Beautiful 1.46 acre lot right off highway 99. Sewer, PUD and power in the road. Enjoy gorgeous views of Butler Creek from your backyard. Call Nathan Loeb, 333-7197 MLS#774099

17224 Dunbar Rd, MV $549,900 Traditional home & 4 car shop on shy 3 acre lot in West MV Farmlands. True craftsmanship & quality, room for hobby farm. 2 car garage plus detached workshop. Mt. Baker views. 2,863 SF, 4 beds, 3.5 baths. Photos & info at SkagitValleyHomes.com. Bill & Jannette Krieger 421-4446/ Shawn & Tiffany Danley 360-298-4857 MLS#923106 NE

OPEN HOUSE SAT, APRIL 16TH 12-2

Amick St, MV $129,000 15.39 acres of beautiful secluded property yet close to town. Build your dream home here! Two parcels, a water catchment system is recorded at the county so you can get a building permit. Call Beck Elde, 770-9427 MLS#898454

List with us and your home will be featured… everywhere. NE

16515 Britt Rd, MV $249,900 Loaded with charm this Mount Vernon Rambler has it all. 3 beds, 1 bath. Nicely maintained with several outbuildings, separate garage, carport & shop. Back yard is partially fenced with lots of room for garden space & all of your toys. The hardwood flooring is pecan & the home has many original features throughout. Mud room with huge pantry & storage space. Call Karine Anderson, 421-1189 or Tasha Zahlis, 391-5075 MLS#920903

Hoogdal Rd, SW $79,000 Can’t find the home of your dreams? Then build it! This private yet close to town 5 acre parcel has Skagit PUD water in the street, ideal for your custom home, manufactured home, & shop with plenty of room to roam in t he treed surroundings. Call Dawn Hardman, 540-0058 MLS#889282

14394 Roadrunner Lane, Burl $712,000 Gorgeous 4 bedroom home offering formal dining, living & great rooms. Designer kit w/slab granite & s/s appliances, soaring celiings, hardwood floors, bonus room. Over 3, 340 SF situated at the end of a cul de sac on 1.25 acres, 3 car garage, & detached heated RV gar & work shop. Call Linda Eastman, 202-4075 MLS#912513

18399 Majestic Ridge Ln, MV $165,000 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 SF home be built on this lot. Call Becky Elde, 770-9427 MLS#921182 2849 Francis Rd, MV $310,000 2.64 acres with approved 11 lot preliminary plat (Pinnacle Estates). Utilities are available at the property lines. Excellent location for new homes. Close to shopping schools & I-5. Call Jim or Balisa Koetje, 202-2500 MLS#889990

Looking for hom

For a free pr WA-CL 713524, OR-ML 5271

Amie Mani | NMLS ID # 404665 | branch manager/M

Windermere Real Estate/Skagit Valley • 1030 East College Way • Mount Vernon • (360) 424-4901 • 1-800-849-7939

April Axthelm Balisa Koetje Becky Elde Bette Thompson Bill Krieger Dave Patterson David Mani

360-661-4947 360-421-4111 360-770-9427 360-840-5109 360-421-4446 360-708-5030 425-319-7091

Dawn Hardman Deborah McNeal Dick Nord Don Neill Donna Rowell Elizabeth Miller George Bellos

360-540-0058 360-707-8073 360-661-6529 360-420-4444 360-708-7984 360-420-3607 360-708-9762

Geri Cole 360-391-1614 Harry Ota 360-708-3500 Hollie Del Vecchio 360-525-5538 Jake Koetje 360-466-8045 Jamie Yantis 360-540-5264 Jannette Krieger 360-708-0233 Jim Glackin 360-428-2828

Jim Koetje Josh Scott Karen Beckner Karine Anderson Linda Eastman Margy Furst Megan O’Bryan

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360-202-2500 360-708-1010 360-840-9455 360-421-1189 360-202-4075 360-488-3458 360-708-5817

Nathan Loeb Rita Ingram Sarah Minton Shawn Danley Shelby Hagman Sherry Johansen Spencer Roozen

Amie M Download my smartph

360-333-7197 360-708-8338 360-770-3076 360-488-3858 360-982-0163 360-708-3636 360-708-0634

Tahlia Honea Tasha Zahlis Tiffany Danley Travis Miller Warren Bingham

360-333-5815 360-391-5075 360-298-4857 360-420-7291 360-770-2421

April 15, 2016

www.AnacortesRealEstate.com

W NE

3401 F Ave, Anacortes $363,900 Lovely mature gardens surround this well situated home in desirable Horizon Heights neighborhood. Enjoy well appointed kitchen that is open to dining room with fireplace connecting to living room with vaulted ceiling. Four bedroom (one used as office) home on large lot with fenced backyard, large Trex deck & garden shed. Great outdoor living with a good measure of privacy. Close to schools, parks and easy commute. Jackie Stone 360.661.2247 MLS# 923224 NE

ND NE

128 Lummi Cir, La Conner $229,000 Desirable waterfront level lot with one side of 40’ dock that will accommodate up to a 44’ boat! Well situated on a quiet street that circles around a small park. Underground utilities with water, electricity & sewer at lot. Enjoy Shelter Bay Community yacht club, marina, 9 hole par 3 golf, swimming pools,, tennis courts, & two community beaches. Located in a beautiful community just across the Rainbow bridge near the picturesque waterfront town of La Conner. Jackie Stone 360.661.2247 MLS# 917254

re-approval, please contact:

Mani • 360.428.4626 hone app at: amie.mortgagemapp.com

Mortgage Consultant | WMS Series LLC/Skagit Valley

Heart Lk Rd, Anacortes $278,000 This beautiful 7.81 acre property is next to the Anacortes Forest Lands yet is still very close to the Anacortes city limits. Water is at the street. Enjoy miles of Anacortes Forest Land trails and easy access to Heart Lake which is a great fishing lake. This property has been partially cleared in the past and is mostly level with some gently rolling hills. It could make a great equestrian property. Plenty of space for RV and boat parking and building your dream home, guest house and shop. Margi Houghton 360.202.0041 MLS# 918344

357 Davis Bay Rd, Decatur Isl $429,000 This walk-out beach property, has a vintage “Seattle” home that was transported to the island in the 1960’s. The classic bungalow has an updated upper level with insulated windows and vaulted ceiling and the rest of the house is right out of a 1920’s time capsule. Downstairs, the large country kitchen, main floor bedroom and living room need some updating but the site is incredible with stairs down to a lovely sandy beach where you can have the water taxi drop you right in front of your home! Sarah Jones 360.333.2783 MLS# 920895

me financing? I’m here to help!

NHN West Shore Rd, Guemes Isl $598,000 This wonderful west facing, no bank waterfront, 1.77 acre property has spectacular views of the Bellingham Channel, Cypress, Cone and San Juan islands. Enjoy sunsets, long walks on the beach, boating and fishing. Build your dream home on this rare lot. Guemes Island is only a five minute ferry ride from Anacortes and 90 minute drive from Seattle. Enjoy the convenience of island living without the long ferry rides. Margi Houghton 360.202.0041 MLS# 923213 1 A Island Crest Ln, Guemes Isl $95,000 Enjoy the view of spectacular southwestern sunsets over the Olympic Mountains and San Juan Islands from this idyllic mountaintop. A rocky knoll is naturally cleared for a home with power and cable at the road. Neighboring properties have proven wells and septic. These 2+ acres range from eye-level views of eagles through wildflower meadows all buffered by a lovely, private forest. The site has excellent solar and wind energy potential. Owner contract available with the right terms. Margi Houghton 360.202.0041 MLS# 919330

1600 5th St #D-133, Anacortes $78,000 The best kept secret in Anacortes! A picturesque marina tucked into the Old Town neighborhood. 40’ X 15’ width, with a 5’7” Stick out allowed, slip with power & dock box. Marina amenities; tender storage area, small boat moorage, head pump out cart, wood shop, recycling for oil, fuel & anti freeze, laundry room, restrooms with showers, crab cooking station, a social area with BBQ’s. Full parameter fence, electronic gate for security & harbormaster lives on site. Live aboard allowed for owners. Kathy Rogers 360.941.4400 MLS# 852617

Trump Island, Decatur Isl $7,750,000 Custom Build Luxury Estate on Private Island, enjoy your own Forests, Farm & Ocean Fronts. Located in the San Juan’s this 29 Acre Island captures the iconic beauty of the beautiful Pacific NW. 360 degrees of water & forest views. 4230’ saltwater frontage w-tidelands. Architectural excellence w-contemporary design, superior quality & top of the line finishes throughout makes this a truly SPECTACULAR home. Completely self-sustained environment. Power & Water. Caretakers Cottage & Dock! Leigh Zwicker 360.333.9975 MLS# 648615 17835 Dunbar Rd, Mount Vernon $389,000 Excellent triplex located in a rural area of Mount Vernon. All units offer spacious floor plans with separate entries and great ambient light. Two of the three units have been remodeled including faux finish paint, laminate flooring, custom cabinetry and tile work. The expansive front and back yards offer mature landscaping adding privacy and beauty to the surrounding environment. Great investment opportunity and well maintained. Each unit offers 2 bedrooms, 1 bath, and 1 car garage. Rob Skelton 360.488.3776 MLS# 849591 262 Quillayute Pl, La Conner $210,000 Lovely mature gardens surround this single level home well situated on cul-de-sac. Kitchen, with garden window, open to breakfast room. Living room with wall of windows & fireplace is open to dining room. Master Bedroom suite with office/ workout/spa room with soaker tub & sliding door to deck. Fully fenced backyard with a good measure of privacy & a peek view of the Rainbow Bridge. Shelter Bay amenities include swimming pools, 9 hole 3 par golf, tennis, beach, & marina. Moorage available. Jackie Stone 360.661.2247 MLS# 746060 1810 8th St, Anacortes $700,000 Experience historic “Old Town” Anacortes, close to marinas, beaches, restaurants, and shopping. Magnificent views of the Guemes Channel and surrounding Islands from this vintage 1955 charmer. 3,344 sqft home features a separate living area complete with kitchenette and full bath on the lower level with alley access to a car port. Main level living boasts 2 bedrooms and 1 full bath plus security fencing in front yard with parking area, single car garage. Kathy Rogers 360.941.4400 MLS# 873791

Windermere Real Estate/Anacortes Properties • 3018 Commercial Ave • Anacortes • (360) 293-8008 • (800) 327-5291 Bill Robillard 360-770-4707 Buzz Ely 360-202-4626 Caroline Baumann 360-202-7327 Catherine Mers 360-982-6831 Christine Cleland-McGrath 360-708-0267 Cheryl Frazier 360-202-4789

April 15, 2016

Colleen Craig Colleen Sargent Cynthia Aanestad Debbie Macy Gina Davis Jack Dixon

360-770-9638 360-202-2155 360-610-0120 360-391-2422 360-708-7794 360-941-5000

Jackie Stone Jessica Notaro Joan Handelmann John Prosser Judy Moore Kathy Rogers

360-661-2247 360-202-1441 360-202-4800 360-202-3891 360-770-3515 360-941-4400

Kristi Gabrielse Leigh Zwicker Linda Macy Lindi Kudlacek Margi Houghton

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360-420-3119 360-333-9975 360-708-8284 713-822-9203 360-202-0041

Nate Scott Paul Weisz Rebecca Chamberlain Rick Bennett

360-708-2354 360-391-7281 360-421-5021 360-202-2630

Rob Skelton Sarah Jones Vicki Cooley

360-488-3776 360-333-2783 206-949-1010

Too Old to Refi? Question: We’re looking for our first home. My father offered to provide us with 20 percent down, enough so that we will not have to pay mortgage insurance. We know this is an incredibly generous offer and we are very lucky, but we are worried. He wants to get the money by refinancing his home. Will lenders make a 30-year loan to a 70-year old?

Answer: The Census Bureau calculates that the U.S. has nearly 31 million citizens 70 and older. About 10 percent of the over-70 population, some 3.2 million people, remain in the labor force. Among those not in the workforce, many older citizens receive Social Security benefits after a lifetime of work and get low-cost healthcare through the Medicare program. Homes, a big expense in most personal budgets,

are often mortgage-free among older Americans. Lenders have every right to review someone’s finances before they originate a mortgage. What they cannot consider is the age of the prospective borrower. According to the Federal Trade Commission, the Equal Credit Opportunity Act forbids credit discrimination on the basis of race, color, religion, national origin, sex, marital status, age or whether you receive income from a public assistance program. Your father has every right to seek a mortgage and has a solid probability of success given good credit, continuing income and sufficient equity. In addition to a traditional mortgage, those aged 62 and above may consider a reverse mortgage. With a reverse mortgage there is no required monthly payment for principal and interest, and repayment is required only at the time the borrower moves, sells or dies. Reverse mortgage are complex and a host of special rules apply. Borrowers can get an idea of how the program works using the free and anonymous reverse mortgage calculator provided online by the National Reverse Mortgage Lenders

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Q& A

ASK OUR BROKER By Peter G. Miller

Association, www.reversemortgage.org. Let’s say that your dad does obtain a mortgage and a few years down the road passes away. With a reverse mortgage the property is security for the debt; there can be no further claims against the estate or the heirs. With a forward mortgage, the debt is a lien against against the property and can be repaid through the sale of the home. However, if you want to keep the house then you might want to look at the Garn-St. German Act. It provides that the lender cannot prevent an assumption of the debt by family members when there is “a transfer to a relative resulting from the death of a borrower.” Your father is trying to help his children, a decent and honorable thing to do. Be sure to proceed with caution. Encourage your generous dad to consult with an attorney who specializes in elder law and with a fee-only financial planner.

April 15, 2016

HELOCs on the Rise Home equity lines of credit are a popular way to tap the rising equity in your home. Be sure to do your homework.

ith the resurgence in home prices and tightening inventories, home values aren’t the only things on the

rise. Thanks to increasing equity – the difference between how much a property is worth and the amount a homeowner owes on the mortgage – more homeowners are able to qualify to assume additional debt tied to the equity of their homes. As they did before the housing market collapse in the 2007-2008 recession, homeowners are once again tapping the equity in their homes, using the money for everything from home improvement and vacations to college education and debt consolidation. Homeowners took more than $68 billion in equity out of their homes in cash-out transactions in 2015, according to Floridabased Black Rock Financial Services. That’s a 53 percent increase over the previous year, and more than $60,000 per borrower. Opening a home equity line of credit, sometimes called a HELOC, is one way a borrower can tap into their mortgage for cash. (Other methods incude equity loans and cash-out refinance.) A HELOC offers several benefits: • A lower interest rate than what you’d pay if you used a credit card or other forms of non-secured debt. In early April, the average interest rate for a $30,000 HELOC was 4.7 percent, according to Bankrate.com, compared to a 15.16 percent average rate for credit cards. • The interest paid is usually tax deductible up to $100,000. • With a HELOC, a borrower draws out only the amount of money he or she requires, up to a predetermined maximum. By contrast, with an equity loan the money is disbursed in a lump sum up front at closing and the borrower must begin making interest payments on the full amount immediately. “With a HELOC, you only pay interest on

April 15, 2016

the amount you use,” says Bill Golden, real estate agent for RE/MAX Metro Atlanta Cityside in Atlanta. There are reasons to proceed with caution with HELOCs, too: • You may pay closing costs or other fees, making HELOCs more costly up front than other loans. • Rates on a HELOC are adjustable, and are likely to climb as interest rates rise. • If you default on payments on a HELOC, your home is in jeopardy. The demand for HELOCs spiked in 2015 and is expected to climb as mortgage rates continue to inch upward, according to Black Knight Financial Services. At the end of November 2015, more than 37 million borrowers (up 3.1 million from a year prior) had an average of $112,000 available equity to tap into, using current combined loan-to-value CLTV ratios below 80 percent. A rebound in consumer confidence is a big factor behind the rising interest, experts say. “More homeowners are taking out HELOCs because they feel more secure about the future of the economy, their homes now have equity available to tap, banks are more willing to make these loans than they have in the recent past and banks are advertising them more,” says David Yocum, a real estate agent with Redfin in Chicago. HELOCs are best suited for customers seeking the lowest monthly payments now and the ability to draw additional funds in the future. Allen Cates, senior vice president for

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PNC Bank’s home equity division in Charlotte, N.C. says the lines of credit are often chosen by borrowers seeking an emergency fund or financing to pay for a major home improvement project. A HELOC can also help sellers who want to buy a new home. “With an equity line already in place, the seller can use that money for a down payment on the new home and then pay it off as soon as their current home sells,” says Golden. Prospective borrowers should have a credit score of at least 700 and solid proof of employment and income. “Three factors that are considered during the underwriting process include your CLTV, credit and capacity to repay the loan,” says Mike Kinane, senior vice president of consumer lending at Cherry Hill, N.J.based TD Bank, who adds that most banks will lend up to 80 percent of your CLTV. “Borrowers should have good credit standing, demonstrating good payment history,” says Kinane. “Also, capacity to pay, considering the borrower’s total debt payments as well as total income.” Golden recommends careful shopping to compare HELOC rates, fees and features and making sure the product fits your needs. “The first place to start is with the bank that holds your current accounts. You already have a relationship with them, and they have a vested interest in keeping you happy,” says Golden. 9

C L A S S I F I ED S Alpine Ridge Retirement Apartments in MV is accepting applications for 2 Bdrm apts. Income limits apply. 424-9622 for more info.

TRUSTED LOCAL Construction Roofing Gutters www.spane.com

800-310-2136

1 - 4 Bdrm Rentals. Piazza Realty Property Mgmt., Inc. 360-424-RENT

(7368) www.prpmrentals.com

Income Property For Sale In Mount Vernon $205,000

2 homes on the same lot, a 2 bedroom rambler and a 1 bedroom small home. Both in good condition and excellent rental history. 520 E. Highland. Shown by appointment only, do not disturb tenants. Call John (360) 303-0087.

10 - April 15, 2016

Open House Saturday April 16th, 12-2

116 Maple Ave., La Conner, WA 98257 Great home in the heart of La Conner. 2 bdrm, 1 bath, high ceilings, granite tile counter tops in kitchen, updated windows, newer flooring, main floor bdrm has walk-in closet, gas heat, newer hot water tank, bonus room off kitchen and loft upstairs, huge deck in fenced backyard, and shed. Walking distance to stores and downtown. Great place to call home. MLS #877165 Call Laura Bird 360-630-9692

530 N. Waugh Road, MV $484,900

BUILDINGS, INC.

Lic#SPANEBI141JD

Commercial space in the Stanwood area for rent or lease. 2,400 sq ft total; 1,800 sq ft warehouse space, 1,600 sq ft office space, additional 1,200 sq ft mezzanine. $1,600 a month. Call Corki at (360) 629-4542.

Open House Sat, April 16th 1-4 p.m.

FOR LEASE OFFICE/STUDIO 1331 South 3rd Street Mount Vernon Just 2 Blocks South of Downtown 1,272 sqft, new flooring, carpet, paint, lighting & roof. 5 offices, 3 bathrooms, shower & laundry room, kitchen, reception area, lunchroom, Cat 5 network cable wired, ADT security. Existing plumbing in 4 offices. Call (253) 332-3657.

Hilltop Estates offering 3394 SF of living with sunny territorial views. 4 bedrooms, 4 baths + office all on over .5 acre of beautiful landscape. MLS #919217

SURE, AT FIRST I WAS A LITTLE TAKEN ABACK BY THE WHOLE PEEING STANDING UP THING. BUT I TAUGHT HIM TO THROW A STICK AND NOW HANGING OUT WITH HIM IS THE BEST PART OF MY DAY. â&#x20AC;&#x201D; EINSTEIN adopted 12-09-10

Call Elizabeth Miller, 420-3607 or Travis Miller, 420-7291 WRE/Skagit Valley

WHY ADVERTISE IN THE SKAGIT VALLEY HERALD? EVERY DOLLAR COUNTS. CHOOSE A PROVEN SOURCE FOR

RETURN ON INVESTMENT. You should be advertising in these tough economic times. To advertise in the most powerful local media available, call us at 360.424.3251

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STAYING CONNECTED THE UNEXPECTED JOYS OF CAREGIVING

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April 15, 2016 - 11

18870 QUAIL DRIVE, MV

$1,500,000

601 WAUGH RD, MOUNT VERNON

$264,950

G! N I

N PE

21260 LAKE SIXTEEN RD, CONWAY

$330,000

Welcome home! Impeccably maintained, privately situated view home located on edge of cul de sac with extra parking. Slightly formal yet warm and inviting Danya Wolf home offers valley view plus view of 360-708-8294 Mount Baker; tiled entry; lots of natural light, multitude of kitchen cabinetry;granite counter tops;hardwood floors,pull out pantry;tremendous storage space; office/ computer/family room/den offers fabulous views plus small loft; spacious master suite w/vanity and walk-in closet; generous deck;covered patio. MLS#906466 18870 QUAIL DRIVE, MOUNT VERNON

Enjoy 180 degree views of Skagit Valley, Mount Rainier, Olympics, and Mount Everett Baker. A gated drive leads you to a portico Sandy 360-202-3706 with double door entryway and marble floors, just minutes from town. This “Street of Dreams” home has lots of windows in spacious rooms throughout and boasts a Hot Tub, Jetted Tub, Loft, Vaulted Ceilings, Walk-In Pantry,& closets. Wet Bar, Bath off Master & Central Air & Vacuum. 3 cat garage. Everything your dream home needs! Application fee is $58 per adult 18 yrs+ . MLS# 921975 OLD HIGHWAY 99 N, ALGER

$315,000 3004 BARRELL SPRINGS RD, BOW

Just 9 yrs old this 3 bed/2 bath Trumpeter Meadows one story home is waiting for you! Danya Wolf Home features include ceramic tile; vaulted 360-708-8294 ceilings; beautiful natural gas fireplace; kitchen with lovely oak cabinetry and granite counters! ; well-maintained yard with privacy fencing , patio and pleasant territorial view; and a generous sized 2 car attached garage. Welcome home! MLS #902342

$5000/MO 1030 TINAS COMA DRIVE, BURL HILL

$202,000

4+ Acres

Private 4.5 ac setting with an adorable remodeled cottage located in sought after Conway School District. Inside you will find an updated kitchen w/skylight, Donna Kurras built in china hutch and a walk-in pantry. 360-770-7596 Great neighborhood of lovely homes, Sandy Everett Beautiful hardwood floors thru out most sidewalks & curbs. Close to the hospital, 360-202-3706 of the home. Newer master bath w/jetted tub. Lg shop area college and bus line. Spacious rooms, all w/huge separate storage rm. Outside has raised garden with fresh paint. Kitchen has an island & all appliances stay. beds, a barn, fish pond and green house and lots of decking Master bedroom has new tiled floor. Wonderful bonus for outdoor entertaining. Invisible fence for dogs. One year room with fireplace, opens to backyard with deck and a home warranty included. MLS #909584 private place for your hot tub. MLS#918064

Street of Dreams home built in 1990 by Nordic Construction.180 Suzanne Jenkins degree view of valley, Mount Rainier, 360.941.2983 Olympics, and Mount Baker. Spacious, well-appointed rooms throughout. Lots of light! Lovely portico to double door entry way with marble flooring. Double doors from entry to back yard with more view. Sometimes wildlife come to visit! Game room over looks family room and spacious kitchen to the north and Camano Island to the south, southwest. Multi levels inside & out. MLS#893504 4004 APACHE DRIVE, MOUNT VERNON $329,900 1809 TUNDRA LOOP, MV

20611 ENGLISH RD, MOUNT VERNON

$109,900

$167,000

OPEN HOUSE: Saturday, April 16, 10 am to 1 pm Cozy well maintained 2Bed/1Bath home built in 1905 in rural setting, yet close to everything, I-5, shopping, schools, medical; spacious kitchen with ample counter space and lots of cabinets; convenient utility room with nice view of backyard; beautifully updated Bath with extra storage and linen closet; lovely wood trim windows; gorgeous Carla Fischer Danya Wolf 360-982-0010 360-708-8294 fir doors; garage with workspace; highly sought after Conway school district; 45 minutes to either Boeing or NAS whidbey! MLS#924720 4605 BEAVER POND DRIVE EAGLEMONT $649,000 1804 BAKERVIEW CT. #LOT 170, MOUNT VERNON $165,000

With attention to detail, wonderful home w/spectacular views of Eaglemont Golf Course! French Doors w/slate entry, Beautiful 15.5 acres in Bow! 3 possible hardwood & carpet, living w/gas fireplace, bldg sites, 2 w/road access. Property Donna Kurras formal dining. Fabulous gourmet kitchen Elva Hunter has been replanted & offers seclusion 360-770-7596 solid granite island, beautiful cabinets, 360-202-3086 w/southwesterly exposure. Well is in, opens to Lg great room w/fireplace & box beam ceiling. just needs power & pump. Perfect property to build your French doors open to Large Deck that spans the entire custom home or put a manufactured home on. MLS# house, overlooking the golf course. Eaglemont Community 794546 w/spectacular clubhouse & restaurant. MLS#815455 2907 BROADWAY, MV

$235,000

XXX QUIAL DRIVE, MOUNT VERNON

Mount Baker view from one of the premier large lots (10972 Sq. Ft) in beautiful Eaglemont! Builder/ Owner will build for you or bring John Hunter your own builder! All utilities 360-202-3854 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 $599,000 $5,000,000 1804 BAKERVIEW CT, MOUNT VERNON

VIEW! VIEW! VIEW! Awe inspiring views are yours to behold when you build your DREAM Home at top of Burlington Hill! Live the “high life” Danya Wolf while still enjoying city amenities and 360-708-8294 convenience! Within excellent Burlington School district; close to shopping and I-5 for easy commuting. All utilities available at street: power, water, sewer and natural gas. MLS#909681

Phenomenal views! Gated 278 Acres ( more or less ) with waterfront land Suzanne Jenkins offers pristine, private 10 acre Lake 360.941.2983 w/cabin and great fishing, previously Spacious 3 bed/1.75 bath home in Danya Wolf excellent quasi- cul-de-sac location. 360-708-8294 stocked with rainbow trout! Future development potential; Home offers kitchen with pantry, natural gas heat, large cell tower provides income; water available; natural gas yard, double car garage and plenty of extra parking! available; private gravel pit; great road system. Spectacular 360 degree views from the highest point. MLS#915780 MLS#897527

$98,000

EAGLEMONT PRE-SALE

Mount Baker view from one of the premier lots in beautiful John Hunter Eaglemont! Pre-Sale and Custom 360-202-3854 design your dream home with Irving Construction fine craftsmanship...wonderful open floor plan. Builder custom built 1806 and 1808 Bakerview Ct. # 794097 Donna Kurras ......... 360.770.7596 Elva Hunter ............ 360.202.3086 John Hunter ........... 360.202.3854 Shirley Bertholf ...... 360.840.1863

Mostly level 9.5 approx. acres with easy access to I-5. Drilled well needed. Suzanne Jenkins Carla Fischer Sewer hookup to be 360.941.2983 360-982-0010 approved by county with approximately a $9600 hookup fee. MLS#918467

Carla Fischer .......... 360.982.0010 Danya Wolf ............ 360.708.8294 Suzanne Jenkins..... 360.941.2983 Sandy Everett ........ 360.202.3706 JoAnn Boudreau .... 360.391.0746

Celia Miller............. 360.391.6065 Brett Tacker ........... 360.840.7931 Russ Lanker ............ 360.708.1117 Patricia Box ............ 360.941-9186

3780 E. College Way, Mount Vernon

360.424.0300

www.skagittraditionrealty.com 12

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April 15, 2016