Sehome Hill triplex with 1-bedroom and 1-bathroom units, always rented! The property is set back from the street in a residential neighborhood, close to downtown, and half mile to Western Washington University. Each unit has a private entrance and separately metered utilities. Tenants share a basement with a laundry room, spacious yard, and plenty of off-street parking as well. This is a great property to add to your investment portfolio!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1824081
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,034
Year Built
Built in 1900
Lot Details
6,970
Home Design
Triplex
Poured Concrete
Composition Roof
Wood Composite
Flooring
Wall to Wall Carpet
Vinyl
Parking
6 Parking Spaces
Open Parking
Additional Features
2-Story Property
6,970 Sq Ft Lot
Community Details
Bellingham Subdivision
Listing and Financial Details
Assessor Parcel Number 3803313024080000
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,034
Year Built
Built in 1900
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 53 - Tri-plex
Year Built: 1900
Buyer Agency Compensation: 2.5%
MLS Status: Sold
Prev Status: Closed
New Construction: No
CalculatedSquareFootage: 0
EffectiveYearBuiltSource: Public Records
Special Features: None
Cumulative Days on Market: 347
Interior Features
Possible Use: Residential
Fireplace: No
Flooring: Vinyl, Carpet
Interior Amenities: Forced Air, Wall to Wall Carpet
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Exterior Features
Roof: Composition
View: No
Waterfront: No
Exterior Features: Wood Products
Foundation Details: Poured Concrete
Structure Type: Triplex
Garage/Parking
Carport Y N: No
Open Parking Spaces: 6
Open Parking: Yes
Total Parking Spaces: 6
ParkingUncoveredSpaces: 6
Utilities
Sewer: Sewer Connected
Water Source: Public
Heating Yn: Yes
Utilities: Sewer Connected, Natural Gas Connected
WaterSewerGarbage: 3169
Condo/Co-op/Association
Senior Community: No
Fee Information
Annual Fuel Expense: 482
Schools
Junior High Dist: Bellingham
Lot Info
Parcel Number: 3803313024080000
Lot Size Acres: 0.16
Lot Size Sq Ft: 6970
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
MLSLotSizeSource: Assessor
ZoningJurisdiction: City
ZoningClass: Residential
Green Features
Power Production Type: Natural Gas
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 19
LeasedItems: None
TotalMonthlyIncome: 3225
Multi Family
Gross Scheduled Income: 38700
Net Operating Income: 25781
Number Of Units Total: 3
Electric Expense: 78
Insurance Expense: 1250
Leasable Area: 2015
EnergySource: Natural Gas
UnitsInBuildingTotal: 3
UnitsBelowGrade: false
VacancyRate: 2
Tax Info
Year: 2021
Tax Annual Amount: 5034
Ownership History
DateNameOwned ForOwner Type
Dec 2021 - PresentAnderson Branson and Anderson Anna3 Years and 5 Months
Private Individual
Purchase Details
Listed on
Aug 13, 2021
Closed on
Dec 30, 2021
Sold by
Krushnic Dmitri and Vantoch Victoria
Bought by
Anderson Branson and Anderson Anna
Seller's Agent
Troy Muljat
Muljat Group
Buyer's Agent
Brad Howell
Windermere Real Estate Whatcom
List Price
$725,000
Sold Price
$716,500
Premium/Discount to List
-$8,500
-1.17%
Total Days on Market
94
Current Estimated Value
$833,198
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,698
Avg. Annual Appreciation
5.33%
Original Mortgage
$644,850
Outstanding Balance
$603,544
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$249,201
Dec 2021 - Dec 2021Anderson Branson and Anderson AnnaLess than a month
Private Individual
Purchase Details
Listed on
Aug 13, 2021
Closed on
Dec 21, 2021
Sold by
Dmitri Krushnic
Bought by
Anderson Branson and Anderson Anna
Seller's Agent
Troy Muljat
Muljat Group
Buyer's Agent
Brad Howell
Windermere Real Estate Whatcom
List Price
$725,000
Sold Price
$716,500
Premium/Discount to List
-$8,500
-1.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,850
Outstanding Balance
$603,544
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$249,201
Sep 2021 - Dec 2021Krushnic Dmitri and Vantoch Victoria3 Months
Private Individual
Purchase Details
Closed on
Sep 14, 2021
Sold by
Krushnic Dmitri and Vantoch Victoria
Bought by
Krushnic Dmitri and Vantoch Victoria
Mar 2018 - Sep 2021Krushnic Dmitri and Vantoch Victoria3 Years and 6 Months
Private Individual
Purchase Details
Listed on
Feb 6, 2018
Closed on
Mar 22, 2018
Sold by
Macwain James and Macwain Sherilyn
Bought by
Krushnic Dmitri and Vantoch Victoria
Seller's Agent
Chris Thorndike-Kent
Windermere Real Estate Whatcom
Buyer's Agent
Chris Thorndike-Kent
Windermere Real Estate Whatcom
List Price
$589,000
Sold Price
$555,000
Premium/Discount to List
-$34,000
-5.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$416,250
Interest Rate
4.46%
Mortgage Type
New Conventional
Sep 2017 - Mar 2018Macwain James and Revocab Sherilyn Macwain6 Months
Private Individual
Purchase Details
Closed on
Sep 19, 2017
Sold by
Macwain Sherilyn K
Bought by
Macwain James and Revocab Sherilyn Macwain
Jan 1999 - Sep 2017Macwain Sherilyn K18 Years and 8 Months
Private Individual
Purchase Details
Closed on
Jan 25, 1999
Sold by
Holmes Fred G and Flood Holmes Jill A
Bought by
Macwain Sherilyn K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,217
Interest Rate
6.63%
Mortgage Type
FHA
Jan 1999 - Jan 1999Macwain Sherilyn KLess than a month
Private Individual
Purchase Details
Closed on
Jan 15, 1999
Sold by
Macwain James
Bought by
Macwain Sherilyn K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,217
Interest Rate
6.63%
Mortgage Type
FHA
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1011 Key St, Bellingham, WA 98225 since 13 August 2021 and is currently estimated at $833,198, approximately $685 per square foot. This property was built in 1900. 1011 Key St is a home located in Whatcom County with nearby schools including Happy Valley Elementary School, Fairhaven Middle School, and Sehome High School.
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