NOT LISTED FOR SALE

Morse Square Condominiums 1015 Railroad Ave Unit 506 Bellingham, WA 98225

City Center Neighborhood

Estimated Value: $370,627 - $436,000

1 Bed
1 Bath
675 Sq Ft
1.22 Acres

Last Sold June 01, 2015

Last sale price $210,000 $311 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,235/month

146 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Ceramic Tile Flooring
  • Bellingham High School Rated A
  • 1 Fireplace
  • Wood Siding

About This Home

As of June 2015

Panoramic bay, island and city views from this TOP FLOOR Morse Square Condominium. Enjoy a front-row seat for 4th of July fireworks and waterfront redevelopment. Fantastic downtown location is right across the street from the Farmer's Market, Boundary Bay Brewery and the South Bay Trail to Boulevard Park and Fairhaven. This one-owner unit has only been used as a getaway home and is in pristine condition. Quality construction with 9' ceilings, crown molding, granite kitchen and all appliances.

Last Agent to Sell the Property

Kirk Ghio

Muljat Group License #13209 Listed on: 11/24/2014

Muljat Group

Last Buyer's Agent

Andy Webster

Coldwell Banker Bain License #48977

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM719765

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $264

Year Built

  • Built in 2005

Lot Details

  • 1.22

Parking

  • Common or Shared Parking

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • City

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1 Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 3803300950110070

Community Details

Overview

  • 82 Units
  • Downtown Community
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$264

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 5
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Common Room
  • Estimated Sq Ft: 675
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Brick, Cement Planked, Wood
  • Roof: Flat, Torch Down
  • View: Bay, City, Ocean, Sound

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: P2

Utilities

  • Heating And Cooling: Wall
  • Water Heater: Electric

Condo/Co-op/Association

  • Numberof Units in Building: 82
  • Numberof Units In Complex: 82
  • HOA Fees: 209
  • Community Name: Downtown
  • Project: Morse Square Condominium
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Son-Rise Prop Management (360) 738-3700
  • Common Property Features: Disabled Access, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Top Floor, Walk-In Closet

Schools

  • Elementary School: Parkview Elem
  • Middle School: Whatcom Mid
  • High School: Bellingham High
  • School District: BEL

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 3803300950110070

Tax Info

  • Tax Amount: 226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
May 26, 2015
Sold by
Stuart Charles Richard and Stuart Irene Darliene
Bought by
Farrar Mary
Seller's Agent
Kirk Ghio
Muljat Group
Buyer's Agent
Andy Webster
Coldwell Banker Bain
List Price
$263,900
Sold Price
$210,000
Premium/Discount to List
-$53,900
-20.42%
Current Estimated Value
$400,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,657
Avg. Annual Appreciation
6.75%
Original Mortgage
$168,000
Outstanding Balance
$131,463
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$275,457

Purchase Details

Closed on
Apr 26, 2006
Sold by
Washburn Nathan
Bought by
Stuart Charles Richard and Stuart Irene Darliene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac
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
Farrar Mary $210,000 Whatcom Land Title
Stuart Charles Richard $240,180 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Farrar Mary $0
Open Farrar Mary $168,000
Previous Owner Stuart Charles Richard $192,000
Previous Owner Stuart Charles Richard $191,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2015 06/01/15 Sold $210,000 -4.5% $311 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
03/26/2015 03/26/15 Price Changed $219,900 -10.6% $326 / Sq Ft
02/05/2015 02/05/15 Price Changed $245,900 -3.9% $364 / Sq Ft
01/07/2015 01/07/15 Price Changed $255,900 -3.0% $379 / Sq Ft
11/24/2014 11/24/14 For Sale $263,900 -- $391 / 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 $264 $398,560 $52,640 $345,920
2023 $264 $398,560 $52,640 $345,920
2022 $818 $329,395 $43,505 $148,750
2021 $893 $291,500 $38,500 $148,750
2020 $927 $265,000 $35,000 $230,000
2019 $915 $189,610 $32,274 $157,336
2018 $919 $156,769 $26,684 $130,085
2017 $770 $148,510 $25,270 $123,240
2016 $218 $117,500 $20,000 $97,500
2014 -- $20,000 $20,000 $0
2013 -- $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Kirk Ghio

    Seller's Agent in 2015

    Kirk Ghio

    Muljat Group

    (360) 739-6248

    119 Total Sales

    Kirk Ghio
    Section Image
  • Andy Webster

    Buyer's Agent in 2015

    Andy Webster

    Coldwell Banker Bain

    (360) 305-1329

    35 Total Sales

    Andy Webster
    Section Image
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About Morse Square Condominiums

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM719765

Northwest Multiple Listing Service (NWMLS)

APN: 380330-095011-0070

Washington Whatcom County Bellingham 98225 City Center

1015 Railroad Ave Unit 506, Bellingham, WA

This home is located at 1015 Railroad Ave Unit 506, Bellingham, WA 98225 since 24 November 2014 and is currently estimated at $400,657, approximately $593 per square foot. This property was built in 2005. 1015 Railroad Ave Unit 506 is a home located in Whatcom County with nearby schools including Parkview Elementary School, Whatcom Middle School, and Bellingham 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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