Listed by Muljat Group, Bought with Windermere Real Estate Whatcom
$716,500
SOLD JAN 14, 2022
-- Bed
-- Bath
1,215 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$590 Per Sq Ft

1% Below List Price

94 Days on Market

Highlights

  • Wall to Wall Carpet
  • Fairhaven Middle School Rated A-
  • 3-minute walk to Laurel Park

About This Home

As of January 2022

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!

Last Agent to Sell the Property

Troy Muljat

Muljat Group License #2199 Listed on: 08/13/2021

Muljat Group

Last Buyer's Agent

Brad Howell

Windermere Real Estate Whatcom License #114717

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1824081

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,034

Year Built

  • Built in 1900

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: 404

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

Date Name Owned For Owner Type

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%
Current Estimated Value
$834,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,762
Avg. Annual Appreciation
4.44%
Original Mortgage
$644,850
Outstanding Balance
$599,929
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$234,333

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
$599,929
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$234,333

Purchase Details

Closed on
Sep 14, 2021
Sold by
Krushnic Dmitri and Vantoch Victoria
Bought by
Krushnic Dmitri and Vantoch Victoria

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
5.79%
Original Mortgage
$416,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2017
Sold by
Macwain Sherilyn K
Bought by
Macwain James and Revocab Sherilyn Macwain

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

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $716,500 Whatcom Land Title
Warranty Deed -- Whatcom Land Title
Interfamily Deed Transfer -- None Available
Warranty Deed $555,000 Chicago Title Ins
Interfamily Deed Transfer -- None Available
Warranty Deed $176,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,400 Credit Line Revolving
Open $644,850 New Conventional
Closed $644,850 New Conventional
Previous Owner $416,250 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $220,500 New Conventional
Previous Owner $72,926 New Conventional
Previous Owner $171,217 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $716,500 -1.2% $590 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $725,000 0.0% $597 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $725,000 -3.3% $597 / Sq Ft
09/08/2021 09/08/21 Price Changed $750,000 -5.7% $617 / Sq Ft
08/13/2021 08/13/21 For Sale $795,000 +43.2% $654 / Sq Ft
04/20/2018 04/20/18 Sold $555,000 -5.8% $231 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
03/09/2018 03/09/18 Price Changed $589,000 0.0% $246 / Sq Ft
03/09/2018 03/09/18 For Sale $589,000 +3.5% $246 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $569,000 -- $237 / 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 $6,492 $813,564 $310,187 $503,377
2023 $6,492 $834,277 $318,084 $516,193
2022 $5,131 $707,028 $269,568 $437,460
2021 $5,034 $552,366 $210,600 $341,766
2020 $4,881 $511,450 $195,000 $316,450
2019 $4,599 $479,389 $244,200 $235,189
2018 $4,631 $452,812 $230,769 $222,043
2017 $4,032 $389,907 $198,330 $191,577
2016 $3,610 $354,789 $180,345 $174,444
2015 $3,619 $330,697 $170,115 $160,582
2014 -- $320,754 $165,000 $155,754
2013 -- $305,754 $159,300 $146,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1824081

Northwest Multiple Listing Service (NWMLS)

APN: 380331-302408-0000