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Details for Parcel: P72033

Jurisdiction:	BURLINGTON

Zoning Designation:	Please contact the city of BURLINGTON for BURLINGTON zoning information.
Recorded Documents Excise Affidavits	Documents scanned and recorded by the Auditor's office Document scans of excise affidavits

Parcel Number	XrefID	Quarter	Section	Township	Range
P72033	4076-115-026-0007		32	35	04

Owner Information

ART MORTGAGE BORROWER PROPCO 2013 LLC

10 GLENLAKE PKWY UNIT 600

ATLANTA, GA 30328

Site Address(es)

405 SOUTH ALDER STREET

Burlington, WA (Jurisdiction, State)

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Assessor's Parcel Map:
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Current Legal Description Abbreviation Definitions

(2.0757 ac) DK 12: LOT 17, BLOCK 110, AMENDED PLAT OF BURLINGTON, SKAGIT COUNTY, WASH., AS PER PLAT RECORDED IN VOLUME 3 OF PLATS, PAGE 17, RECORDS OF SKAGIT COUNTY, WASHINGTON. TOGETHER WITH THE WEST 1/2 OF VACATED ALDER STREET ADJOINING. AND ALSO TOGETHER WITH THE NORTH 1/2 OF VACATED GREENLEAF AVENUE ADJOINING, WHICH, UPON VACATION, ATTACHED TO SAID PREMISES BY OPERATION OF LAW. TOGETHER WITH THE FOLLOWING DESCRIBED PARCEL: LOTS 1 THROUGH 11, AND LOTS 16 THROUGH 26, BLOCK 115, AMENDED PLAT OF BURLINGTON, SKAGIT COUNTY, WASH., AS PER PLAT RECORDED IN VOLUME 3 OF PLATS, PAGE 17, RECORDS OF SKAGIT COUNTY, WASHINGTON; TOGETHER WITH THE SOUTH 1/2 OF VACATED GREENLEAF AVENUE ADJOINING. ALSO TOGETHER WITH THE WEST 1/2 OF VACATED ALDER STREET ADJOINING LOT 1. AND ALSO TOGETHER WITH THE VACATED ALLEY ADJOINING LOTS 1 THROUGH 11 AND LOTS 16 THROUGH 26, INCLUSIVE, WHICH, UPON VACATION, ATTACHED TO SAID PREMISES BY OPERATION OF LAW. TOGETHER WITH THE FOLLOWING DESCRIBED PARCEL: THAT PORTION OF THE 100 FOOT WIDE STRIP OF LAND CONVEYED TO THE SEATTLE & NORTHERN RAILWAY COMPANY (NOW THE BURLINGTON NORTHERN AND SANTA FE RAILWAY COMPANY), BY DEED RECORDED JANUARY 10, 1890, IN VOLUME 9 OF DEEDS, PAGE 295, SAID 100 FEET BEING 50.0 FEET WIDE ON EACH SIDE OF SAID RAILWAY COMPANY'S MAIN TRACK CENTERLINE, AS NOW LOCATED AND CONSTRUCTED UPON, OVER AND ACROSS THE SOUTHWEST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 32, TOWNSHIP 35 NORTH, RANGE 4 EAST, W.M., SKAGIT COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE SOUTHEASTERLY LINE OF SAID RAILWAY PARCEL WITH THE WEST LINE OF WALNUT STREET; THENCE NORTH 1-33-28 EAST, 28.01 FEET ALONG SAID WEST LINE TO A POINT ON THE NORTHWESTERLY LINE OF THE SOUTHEASTERLY 25 FEET OF SAID 100 FOOT WIDE RAILWAY PARCE!; THENCE SOUTH 64-44-38 WEST ALONG SAID NORTHWESTERLY LINE 760.05 FEET TO A POINT ON A LINE DRAWN SOUTHEASTERLY AT RIGHT ANGLES THROUGH SURVEY STATION 1047+00 ON THE CENTERLINE OF SAID RAILWAY PARCEL; THENCE SOUTH 25-15-22 EAST, 25.00 FEET ALONG SAID LINE DRAWN SOUTHEASTERLY AT RIGHT ANGLES TO THE SOUTHEASTERLY LINE OF SAID RAILWAY PARCEL; THENCE NORTH 64-44-38 EAST, 747.41 FEET ALONG SAID SOUTHEASTERLY LINE TO THE POINT OF BEGINNING. EXCEPTING FROM ALL THE PARCELS DESCRIBED ABOVE, THAT PORTION LYING NORTHERLY AND EASTERLY OF THE FOLLOWING DESCRIBED LINE: COMMENCING AT THE INTERSECTION OF THE CENTERLINE OF VACATED ALDER STREET AND VACATED GREENLEAF AVENUE; THENCE NORTH 1-33-40 EAST 17.55 FEET TO THE BEGINNING OF THIS LINE DESCRIPTION; THENCE NORTH 88-25-48 WEST 39.48 FEET; THENCE NORTH 46-09-11 WEST 26.88 FEET; THENCE NORTH 1-45-14 EAST 55.77 FEET TO THE NORTH LINE OF THE RAILWAY PARCEL DESCRIBED ABOVE.

2025 Values for 2026 Taxes*

Sale Information

2026 Property Tax Summary

Building Market Value	$2,099,400.00
Land Market Value	+$1,460,800.00
Total Market Value	$3,560,200.00
Assessed Value	$3,560,200.00
Taxable Value	$3,560,200.00

Deed Type	QUIT CLAIM DEED
Sale Date	2025-05-29
Taxable Selling Price	$.00
Sale requires NRL disclosure (more info)

2026 Taxable Value	$3,560,200.00
General Taxes	$26,256.59
Special Assessments/Fees	+$2,489.20
Total Taxes	$28,745.79
Pay Property Taxes Online

* Effective date of value is January 1 of the assessment year (2025)

Legal Description at time of Assessment

*Assessment Use Code	(210) FOOD AND KINDRED PRODUCTS	WAC 458-53-030
Neighborhood	(7I2BURL) BURLINGTON INDUSTRIAL BUILDING

Levy Code	0905	Fire District
School District	SD100	Exemptions
Utilities	*SEW, WTR-P	Acres	2.08

Improvement 1 Attributes Summary
Building Style	COMMERCIAL REAL PROPERTY
Year Built	1968	Foundation
Above Grade Living Area	56,000 Square Feet	Exterior Walls
Finished Basement		Roof Covering
*Total Living Area	56,000 Square Feet	Heat/Air Conditioning
Unfinished Basement		Fireplace
*Total Garage Area		Bedrooms
Bathrooms
*For additional information on individual segments see Improvements tab*

* Assessment Use Code is for assessment administration purposes and has no relation to zoning or allowable land use.

* Total living area includes above grade living area and finished basement area.

* Garage square footage includes all garage areas; basement garages, attached garages, detached garages, etc.

Assessment data for improvements is based on exterior inspections. Please contact the Assessor's office if the information does not accurately reflect the interior characteristics.