3401 Terra Ln
Mount Vernon, WA 98274
5 bd 3 ba 2,858 sqft Built 1994 Lot 16,117 sqft multi_family
Most recent sale
$765,000
Jun 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 14, 2022 | Sold | $765,000 | MLS #1912706 |
| Apr 9, 2022 | Listed | $765,000 | MLS #1912706 |
| Jan 15, 2002 | Sold | $250,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $540,700 | $226,800 | $767,500 | $8,567 |
| 2025 | $540,700 | $226,800 | $767,500 | $6,809 |
| 2024 | $417,100 | $206,600 | $623,700 | $6,376 |
| 2023 | $399,500 | $175,500 | $575,000 | $5,956 |
| 2022 | $320,000 | $160,900 | $480,900 | $5,641 |
| 2021 | $295,300 | $131,800 | $427,100 | $5,385 |
| 2020 | $276,900 | $119,900 | $396,800 | $5,146 |
| 2019 | $276,900 | $93,800 | $370,700 | $4,244 |
| 2018 | $248,200 | $84,700 | $332,900 | $4,952 |
| 2017 | $196,900 | $67,200 | $264,100 | $3,895 |
| 2016 | $196,900 | $67,200 | $264,100 | $3,932 |
| 2015 | $178,400 | $85,600 | $264,000 | $4,080 |
| 2014 | $156,100 | $74,900 | $231,000 | $3,500 |
| 2013 | $156,100 | $74,900 | $231,000 | $3,552 |
| 2012 | $178,400 | $85,600 | $264,000 | $3,730 |
| 2011 | $189,600 | $91,000 | $280,600 | $3,633 |
| 2010 | $218,500 | $104,900 | $323,400 | $3,948 |
| 2009 | $212,500 | $123,000 | $335,500 | $3,800 |
| 2008 | $212,500 | $123,000 | $335,500 | $3,622 |
Property facts
Year built
1994
Property type
multi_family
Stories
—
Beds
5
Baths
3
Living area
2,858 sqft
Lot size
16,117 sqft
ZIP code
98274
City
Mount Vernon
Street
Terra Ln
Coordinates
48.41699, -122.29676
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,573
Gross rental yield
10.31%
Implied cap rate
6.70%
Trend-extrapolated value
—
Frequently asked questions
When did 3401 Terra Ln last sell?
3401 Terra Ln most recently sold on Jun 14, 2022 for $765,000.
What is the current tax assessment for 3401 Terra Ln?
The most recent total assessment for 3401 Terra Ln (year 2026) is $767,500 with $8,567 in property tax.
How does 3401 Terra Ln's assessment compare to its last sale price?
The current assessment is 0.3% above the last sale price of $765,000.
When was 3401 Terra Ln built?
3401 Terra Ln was built in 1994.
How does 3401 Terra Ln compare to others on Terra Ln?
We do not currently track other properties on Terra Ln.
What are the property facts for 3401 Terra Ln?
3401 Terra Ln is a 5 bed, 3 bath, 2,858 sqft, 16,117 sqft lot multi_family.
Is 3401 Terra Ln a flip candidate?
No — 3401 Terra Ln does not appear in our flips dataset.
Is 3401 Terra Ln a tax-appeal candidate?
No — 3401 Terra Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q3
$603.1K
2026 Q4
$581.4K
ZIP 98274 — Median Price History + Forecast
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Geography