OFF MARKET

Listed by Erik Pedersen • Keller Williams Western Realty. Bought with COMPASS.

Off Market Jun 2021 for $1.4M

$1,634,187

Est. refi paymentEst. refi $993/mo

—

•

— ba

•

5,316

sq ft

705 Peterson Rd, Burlington, WA 98233

About this home

New Townhouse-Style Four-Plex in Burlington. Brand-new income property was thoughtfully designed and built for durability and trouble-free ownership. Great layout with 9' ceilings on the main, 1329SF, 3BR, 2.25BA, 1-car attached gar w opener & enclosed patio area for each unit. LVP flooring on main and baths, mini-split on both levels, durable laminate countertops, soft close Aristokraft cabinets w pulls, white trim, gridded windows, tile backsplash. Master has nice sized walk-in and en-suite 3/4 bath. Fully equipped with smooth top range, micro hood, dishwasher, fridge and stacking washer/dryer. Property is attractive and landscape is easily maintained, there are 11 striped parking spaces in addition to the garages. Fiber-optic internet.

Multi-familyProperty Type

2021Year Built

0.31 acresLot Size

$307Est. Price/Sq.Ft.

11 spacesParking

Listed by Erik Pedersen • Keller Williams Western Realty

Listed by Brigid Buchanan • Keller Williams Western Realty

Bought with Galen Hirss • COMPASS

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #1762790

Redfin Estimate

$1,634,187

$194K since sold in June 2021$62K since August

Recently sold homes
Estimate history

This home's estimate is 129.3% higher than the average sale price ($713K) of 5 comparable homes.

SOLD JUN 17, 2026
$830,000
A
3 beds2.5 baths3,151 sq ft
2315 Austin Ln, Mount Vernon, WA 98273
SOLD SEP 16, 2026
$819,000
B
3 beds2 baths1,890 sq ft
611 Upland Dr, Mount Vernon, WA 98273
SOLD AUG 4, 2026
$730,000
C
4 beds2.5 baths2,463 sq ft
2309 33rd Ct, Mount Vernon, WA 98273
SOLD AUG 28, 2026
$539,000
D
3 beds2 baths1,380 sq ft
2413 N 18th Pl, Mount Vernon, WA 98273
SOLD SEP 26, 2025
$645,000
E
3 beds2.5 baths1,798 sq ft
2501 Northwoods Loop, Mount Vernon, WA 98273

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$482,512

Est. take-home

List your home with Redfin and save $16,342

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 98233, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.6%

+0.2% MoM

Median sale price

$500K

$12K MoM

Avg. days on market

23d

6 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN SAT, 1PM TO 2:30PM
$749,000
3 beds2 baths2,082 sq ft
16632 Frazier Heights Pl, Burlington, WA 98233
Nicole Haun • RE/MAX Gateway
$425,000
2 beds1 bath827 sq ft
1313 State Route 20, Burlington, WA 98233
Ericka Catubo • John L. Scott Arlington
OPEN SUN, 1PM TO 3PM
$599,000
3 beds2 baths1,215 sq ft
1877 Old Hwy 99 North Rd, Burlington, WA 98233
Kathy Corbell • eXp Realty
SHORT SALE
$345,000
3 beds1 bath1,056 sq ft
20291 Aliston Ln, Burlington, WA 98233
Marla Renee Chapa • Keller Williams Western Realty
OPEN TODAY, 5PM TO 6:30PM
$495,000
3 beds2 baths1,090 sq ft
1303 Kendra Ln, Burlington, WA 98233
Michelle Foggin • RE/MAX Gateway
$575,000
3 beds2 baths1,540 sq ft
6968 Steelhead Ln, Burlington, WA 98233
Susie Spencer • Ballpark Realty
$380,000
3 beds2 baths1,896 sq ft
19806 Apostolic Way, Burlington, WA 98233
Danya Wolf • Skagit Tradition Realty, LLC
See all

Provided by Redfin

Sale history for 705 Peterson Rd

Date

Event

Price

Jun 24, 2021

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #1762790

$1,440,000

$271/sq ft

May 19, 2021

Pending

NWMLS as Distributed by MLS Grid #1762790

—

May 13, 2021

Price Changed

NWMLS as Distributed by MLS Grid #1762790

$1,450,000

$273/sq ft

Apr 27, 2021

Listed (Active)

NWMLS as Distributed by MLS Grid #1762790

$1,500,000

$282/sq ft

Feb 9, 2018

Sold

Public Records

$150,000

$28/sq ft

Jan 25, 2018

Pending

NWMLS as Distributed by MLS Grid #1235139

—

Jan 25, 2018

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1235139

$150,000

$28/sq ft

Jan 19, 2018

Listed (Active)

NWMLS as Distributed by MLS Grid #1235139

$150,000

$28/sq ft

Jun 16, 2008

Sold (MLS)

NWMLS as Distributed by MLS Grid #27183460

$170,000

$32/sq ft

May 28, 2008

Delisted

NWMLS as Distributed by MLS Grid #27183460

—

Oct 10, 2007

Listed

NWMLS as Distributed by MLS Grid #27183460

$179,950

$34/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$9,696 (+13.5%)

$447,300 + $753,100

$1,200,400

2025

$8,546 (−0.4%)

$447,300 + $753,100

$1,200,400

2024

$8,584 (−15.3%)

$394,300 + $656,900

$1,051,200

2023

$10,133 (+27.7%)

$384,800 + $652,700

$1,037,500

2022

$7,935 (+564.2%)

$400,400 + $753,100

$1,153,500

2021

$1,195 (−9.4%)

$205,500 + $632,800

$838,300

2020

$1,319 (+23.7%)

$116,600

2019

$1,066 (−38.2%)

$121,200

2018

$1,724 (+18.0%)

$93,200 + $36,700

$129,900

2017

$1,461 (+12.2%)

$80,800 + $31,800

$112,600

2016

$1,302 (−9.0%)

$80,800 + $31,800

$112,600

2015

$1,430 (+0.9%)

$62,200 + $44,900

$107,100

2014

$1,417 (−0.4%)

$59,200 + $42,800

$102,000

2013

$1,423 (+2.9%)

$59,200 + $40,100

$99,300

2012

$1,382 (−8.2%)

$59,200 + $40,100

$99,300

2011

$1,505 (+0.5%)

$63,000 + $42,800

$105,800

2010

$1,498 (−3.1%)

$84,800 + $48,200

$133,000

2009

$1,545

$94,200 + $53,500

$147,700

Tax history for 705 Peterson Rd

Year

Property tax

Land + Additions

Assessment*

2026

$9,696 (+13.5%)

$447,300 + $753,100

$1,200,400

2025

$8,546 (−0.4%)

$447,300 + $753,100

$1,200,400

2024

$8,584 (−15.3%)

$394,300 + $656,900

$1,051,200

2023

$10,133 (+27.7%)

$384,800 + $652,700

$1,037,500

2022

$7,935 (+564.2%)

$400,400 + $753,100

$1,153,500

2021

$1,195 (−9.4%)

$205,500 + $632,800

$838,300

2020

$1,319 (+23.7%)

$116,600

2019

$1,066 (−38.2%)

$121,200

2018

$1,724 (+18.0%)

$93,200 + $36,700

$129,900

2017

$1,461 (+12.2%)

$80,800 + $31,800

$112,600

2016

$1,302 (−9.0%)

$80,800 + $31,800

$112,600

2015

$1,430 (+0.9%)

$62,200 + $44,900

$107,100

2014

$1,417 (−0.4%)

$59,200 + $42,800

$102,000

2013

$1,423 (+2.9%)

$59,200 + $40,100

$99,300

2012

$1,382 (−8.2%)

$59,200 + $40,100

$99,300

2011

$1,505 (+0.5%)

$63,000 + $42,800

$105,800

2010

$1,498 (−3.1%)

$84,800 + $48,200

$133,000

2009

$1,545

$94,200 + $53,500

$147,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

2.5

Stories

—

Lot width

—

Lot depth

—

Lot size

0.31 Acres

Year renovated

2021

Sq. Ft.

5,315

Year built

2020

Style

Multi-Family (2-4 Unit)

County

Skagit County

APN

P62631

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 3, 2026.

Property details

Parking

Parking Information
Parking Uncovered Spaces: 11
Covered Spaces: 4
Open Parking Spaces: 11
Has Open Parking

Interior

Heating & Cooling
Has Heating
Has Cooling

Interior Features
Interior Features: Ductless HP-Mini Split, Wall to Wall Carpet
Flooring: Vinyl Plank, Carpet

Multi-Family Financial Information
Insurance Expense: $1,800
Other Expense: $3,600
Net Operating Income: $75,236
Gross Adjusted Income: 97776
Gross Scheduled Income: $100,800
Total Monthly Income: 8400
Gross Rent Multiplier: 14
Total Expenses: 22540

Multi-Unit Information
Units Below Grade: false
Vacancy Rate: 3
# of Units (Total): 4
Furnished: Unfurnished

Exterior

Building Information
New Construction
New Construction: Completed
Roof: Composition

Exterior Features
Exterior Features: Cement Planked

Property Information
Energy Source: Electric
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Has View

Land Information
Possible Use: Residential

Lot Information
MLS Lot Size Source: Tax Records
Site Features: Cable TV,Fenced-Fully,High Speed Internet,Patio
Zoning Jurisdiction: City
Lot Features: Dead End Street, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.31
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $10,000
Tax Year: 2021

Financial Information
Listing Terms: Cash Out
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Public
Water Company: Skagit PUD
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: City of Burlington
Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Water Sewer Garbage: 7140

Location

School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Burlington Edison Hi
High School District: Burlington

Location Information
Directions: In Burlington. Head East on Highway 20 from I-5. Turn North on Garrett Road. Turn East on Peterson Road. Multiplex is on the left.

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 5,315
Stories: —
Lot Size: 0.31 acres
Style: Multi-Family (2-4 Unit)
Year Built: 2020
Year Renovated: 2021
County: Skagit County
APN: P62631

Home facts updated by county records on Aug 3, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Tuesday, April 27, 2021

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 5316
Building Area Total: 5316
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Estimated Completion Date: 2021-04-26
Year Built Effective: 2021
Effective Year Built Source: Public Records
Structure Type: Quadruplex
Stories Total: 2

Around this home

Schools

West View Elementary School

Public K-6 • Assigned • 0.4mi

4/10

Allen Elementary School

Public K-8 • Assigned • 2.9mi

4/10

Burlington Edison High School

Public 9-12 • Assigned • 0.6mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 69-77% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 82° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

7 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Burlington, WA • 98233

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.55M – $1.88M

Reach more buyers when you sell with Redfin. Save up to $16,342 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

NEW

$920,000

4 beds4 baths2,059 sq ft

2509 Peabody St, Bellingham, WA 98225

Emelie Goodman • Bellwether Real Estate

$450,000

2 beds1 bath1,510 sq ft

1731 Stephen St, Oak Harbor, WA 98277

Terri Neilon • Acorn Properties, Inc

$1,090,000

3 beds2 baths1,842 sq ft

3455 Legg Rd, Bow, WA 98232

Gabrielle Balolia • RE/MAX Whatcom County, Inc.

$2,100,000

20 beds16 baths11,180 sq ft

201 N Commercial St, Bellingham, WA 98225

Jonathan Bye • John L. Scott, Inc

NEW

$920,000

4 beds4 baths1,984 sq ft

2511 Peabody St, Bellingham, WA 98225

Emelie Goodman • Bellwether Real Estate

$899,000

4 beds3 baths2,592 sq ft

1810 Wilson Ave, Bellingham, WA 98225

Brandon Nelson • COMPASS

New listings for sale in 98233

OPEN SAT, 1PM TO 2:30PM

$749,000

3 beds2 baths2,082 sq ft

16632 Frazier Heights Pl, Burlington, WA 98233

Nicole Haun • RE/MAX Gateway

$425,000

2 beds1 bath827 sq ft

1313 State Route 20, Burlington, WA 98233

Ericka Catubo • John L. Scott Arlington

OPEN SUN, 1PM TO 3PM

$599,000

3 beds2 baths1,215 sq ft

1877 Old Hwy 99 North Rd, Burlington, WA 98233

Kathy Corbell • eXp Realty

SHORT SALE

$345,000

3 beds1 bath1,056 sq ft

20291 Aliston Ln, Burlington, WA 98233

Marla Renee Chapa • Keller Williams Western Realty

OPEN TODAY, 5PM TO 6:30PMVIDEO TOUR

$495,000

3 beds2 baths1,090 sq ft

1303 Kendra Ln, Burlington, WA 98233

Michelle Foggin • RE/MAX Gateway

$575,000

3 beds2 baths1,540 sq ft

6968 Steelhead Ln, Burlington, WA 98233

Susie Spencer • Ballpark Realty

$380,000

3 beds2 baths1,896 sq ft

19806 Apostolic Way, Burlington, WA 98233

Danya Wolf • Skagit Tradition Realty, LLC

Home values near 705 Peterson Rd

Data from public records.

Address	Redfin Estimate
723 Peterson Rd, Burlington, WA 3 Beds \| 2.5 Baths \| 2998 Sq. Ft.	$753,005
665 Peterson Rd, Burlington, WA 4 Beds \| 3 Baths \| 2953 Sq. Ft.	$807,598

Address	Redfin Estimate
645 Peterson Rd, Burlington, WA 3 Beds \| 1 Baths \| 1502 Sq. Ft.	$447,823
731 Peterson Rd, Burlington, WA 3 Beds \| 2 Baths \| 1282 Sq. Ft.	$517,869

Address	Redfin Estimate
709 Peterson Rd, Burlington, WA 2 Beds \| 1 Baths \| 3600 Sq. Ft.	$904,265
722 Peterson Rd, Burlington, WA 2 Beds \| 2 Baths \| 1148 Sq. Ft.	$519,494

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for rent in Burlington	Agents near me	Vancouver, WA homes for sale	Burlington Housing Market
Houses for sale near me	Seattle, WA homes for sale	Redmond, WA homes for sale
Land for sale near me	Bellevue, WA homes for sale	Bothell, WA homes for sale
Open Houses near me	Tacoma, WA homes for sale	Burlington Property Records
Condos for sale near me	Kirkland, WA homes for sale	WA New Listings

Bellingham homes for sale
Arlington homes for sale
Mount Vernon homes for sale

98233 homes for sale
98273 homes for sale
98284 homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 98233, WA

Sale history for 705 Peterson Rd

Tax history for 705 Peterson Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98233

Home values near 705 Peterson Rd

More real estate resources