NOT LISTED FOR SALE

1010 N Garden St Bellingham, WA 98225

Sehome Neighborhood

Estimated Value: $1,293,000 - $1,493,000

4 Beds
2 Baths
3,723 Sq Ft
$373/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $920,000 $247 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,592/month

7 Days on Market

Highlights

  • Bay View
  • Deck
  • High Speed Internet
  • Fairhaven Middle School Rated A-
  • Patio
  • 2-minute walk to Laurel Park

About This Home

As of July 2020

Exceptional investment opportunity in unbelievable location! This rare find is within close proximity to downtown and Western Washington University. Solid rental history in this 4-plex and includes 6 on site parking spaces. 2 units are 3 bedroom, 1 4 bedroom and 1 studio. Coin op laundry room includes small additional storage space for each unit. Don't miss out on this wonderful investment opportunity!

Last Agent to Sell the Property

Aimee Slesk

Windermere Real Estate Whatcom License #116639 Listed on: 05/27/2020

Windermere Real Estate Whatcom

Last Buyer's Agent

Mike Hayes

Hammer Properties NW Inc. License #18803

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1607104

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,900

Year Built

  • Built in 1916

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

Property Views

  • Bay
  • Territorial

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,723 Sq Ft Home
  • 3-Story Property

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Lowell Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • New Whatcom Condos
  • Sehome Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 91
  • Assessor Parcel Number 3803311784880000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,900

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1916
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: New Whatcom
  • New Construction: No
  • CalculatedSquareFootage: 3723
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 321

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Bay, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: See Remarks
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterSewerGarbage: 2521

Fee Information

  • Annual Fuel Expense: 1879

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 3803311784880000
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential,See Remarks
  • LotNumber: 6

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6
  • LeasedItems: None
  • TotalMonthlyIncome: 5225

Multi Family

  • Gross Scheduled Income: 62700
  • Net Operating Income: 44514
  • Number Of Units Total: 4
  • Electric Expense: 1600
  • Insurance Expense: 2946
  • Leasable Area: 3723
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 6900

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 12, 2020
Sold by
Irwin Rodney D
Bought by
1010 N Garden St Llc
Seller's Agent
Aimee Slesk
Windermere Real Estate Whatcom
Buyer's Agent
Mike Hayes
Hammer Properties NW Inc.
List Price
$910,000
Sold Price
$920,000
Premium/Discount to List
$10,000
1.1%
Total Days on Market
7
Current Estimated Value
$1,389,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,324
Avg. Annual Appreciation
8.13%
Original Mortgage
$570,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 30, 2000
Sold by
Koons John W and Koons Karin R
Bought by
Irwin Rodney D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1010 N Garden St Llc $920,000 Whatcom Land Title
Irwin Rodney D $350,000 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1010 N Garden St Llc $697,500
Closed 1010 N Garden St Llc $697,500
Closed 1010 N Garden St Llc $570,000
Previous Owner Irwin Rodney D $110,000
Previous Owner Irwin Rodney D $60,000
Previous Owner Irwin Rodney D $248,000
Previous Owner Irwin Rodney D $255,000
Previous Owner Irwin Rodney D $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $920,000 +1.1% $247 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $910,000 -- $244 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,022 $1,381,814 $572,652 $809,162
2023 $11,022 $1,416,996 $587,232 $829,764
2022 $8,714 $1,200,867 $497,664 $703,203
2021 $8,549 $938,178 $388,800 $549,378
2020 $7,259 $868,683 $360,000 $508,683
2019 $6,838 $712,940 $251,600 $461,340
2018 $6,891 $673,316 $237,762 $435,554
2017 $6,001 $580,133 $204,340 $375,793
2016 $5,352 $527,996 $185,810 $342,186
2015 $5,365 $490,264 $175,270 $314,994
2014 -- $475,523 $170,000 $305,523
2013 -- $459,856 $163,725 $296,131
Source: Public Records

Agents Affiliated with this Home

  • Aimee Slesk

    Seller's Agent in 2020

    Aimee Slesk

    Windermere Real Estate Whatcom

    (425) 681-8297

    1 in this area

    35 Total Sales

    Aimee Slesk
    Section Image

  • M

    Buyer's Agent in 2020

    Mike Hayes

    Hammer Properties NW Inc.

    (360) 756-6500

    6 in this area

    13 Total Sales

    Mike Hayes
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1607104

Northwest Multiple Listing Service (NWMLS)

APN: 380331-178488-0000

Washington Whatcom County Bellingham 98225 Sehome

1010 N Garden St, Bellingham, WA

This home is located at 1010 N Garden St, Bellingham, WA 98225 since 27 May 2020 and is currently estimated at $1,389,324, approximately $373 per square foot. This property was built in 1916. 1010 N Garden St is a home located in Whatcom County with nearby schools including Lowell Elementary School, Fairhaven Middle School, and Sehome High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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