1601 M Ave
Anacortes, WA 98221
7 bd 6 ba 1,872 sqft Built 1961 Lot 5,998 sqft multi_family
Most recent sale
$850,000
Feb 14, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 14, 2024 | Sold | $850,000 | NWMLS |
| Jan 16, 2024 | Listed | $849,000 | NWMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $380,700 | $810,000 | $1,190,700 | $9,322 |
| 2025 | $380,700 | $810,000 | $1,190,700 | $6,595 |
| 2024 | $329,900 | $360,000 | $689,900 | $5,204 |
| 2023 | $329,900 | $360,000 | $689,900 | $5,116 |
| 2022 | $329,900 | $360,000 | $689,900 | $5,898 |
| 2021 | $329,900 | $360,000 | $689,900 | $6,362 |
| 2020 | $226,800 | $270,000 | $496,800 | $4,677 |
| 2019 | $206,200 | $225,000 | $431,200 | $4,069 |
| 2018 | $232,900 | $200,000 | $432,900 | $4,537 |
| 2017 | $194,100 | $200,000 | $394,100 | $3,752 |
| 2016 | $194,100 | $200,000 | $394,100 | $3,903 |
| 2015 | $194,100 | $200,000 | $394,100 | $3,785 |
| 2014 | $194,100 | $200,000 | $394,100 | $3,691 |
| 2013 | $194,100 | $200,000 | $394,100 | $3,772 |
| 2012 | $164,300 | $198,000 | $362,300 | $3,313 |
| 2011 | $164,300 | $207,000 | $371,300 | $3,227 |
| 2010 | $164,300 | $261,000 | $425,300 | $3,455 |
| 2009 | $182,500 | $290,000 | $472,500 | $3,558 |
| 2008 | $182,500 | $290,000 | $472,500 | $3,536 |
Property facts
Year built
1961
Property type
multi_family
Stories
—
Beds
7
Baths
6
Living area
1,872 sqft
Lot size
5,998 sqft
ZIP code
98221
City
Anacortes
Street
M Ave
Coordinates
48.50915, -122.61705
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,306
Gross rental yield
6.08%
Implied cap rate
3.95%
Trend-extrapolated value
—
Frequently asked questions
When did 1601 M Ave last sell?
1601 M Ave most recently sold on Feb 14, 2024 for $850,000.
What is the current tax assessment for 1601 M Ave?
The most recent total assessment for 1601 M Ave (year 2026) is $1,190,700 with $9,322 in property tax.
How does 1601 M Ave's assessment compare to its last sale price?
The current assessment is 40.1% above the last sale price of $850,000.
When was 1601 M Ave built?
1601 M Ave was built in 1961.
How does 1601 M Ave compare to others on M Ave?
We track 8 other properties on M Ave. Browse the list under "Other properties on M Ave" to compare beds, baths, and sale history.
What are the property facts for 1601 M Ave?
1601 M Ave is a 7 bed, 6 bath, 1,872 sqft, 5,998 sqft lot multi_family.
Is 1601 M Ave a flip candidate?
No — 1601 M Ave does not appear in our flips dataset.
Is 1601 M Ave a tax-appeal candidate?
Yes — 1601 M Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.9%
Implied 1-yr
-7.7%
2026 Q3
$673.4K
2026 Q4
$658.6K
ZIP 98221 — Median Price History + Forecast
Explore nearby
Geography
Other properties on M Ave