NOT LISTED FOR SALE

Estimated Value: $876,643 - $1,176,000

8 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold November 07, 2012

Last sale price $397,500

Est. 160% increase in value since last sale

Current estimated payment $6,478/month

6 Days on Market

About This Home

As of November 2012

Single story income producing 4-plex walking distance to WWU. Always rented.

Ryan Martin

Pacific Continental Realty LLC License #52053 Listed on: 08/27/2012

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 398524

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,627

Year Built

  • Built in 1972

Lot Details

  • 10,019

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Laminate Flooring

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Fairhaven Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3702014902050000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,627

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 287

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition, Torch Down
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Stone
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 3144

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3702014902050000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3125

Multi Family

  • Gross Scheduled Income: 37500
  • Net Operating Income: 26905
  • Number Of Units Total: 4
  • Electric Expense: 50
  • Insurance Expense: 1824
  • Leasable Area: 4000
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2011
  • Tax Annual Amount: 3627

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2012
Closed on
Nov 6, 2012
Sold by
Kipp Donald A
Bought by
Mount Baker Investments Llc
Buyer's Agent
Ryan Martin
Pacific Continental Realty LLC
List Price
$425,000
Sold Price
$397,500
Premium/Discount to List
-$27,500
-6.47%
Total Days on Market
6
Current Estimated Value
$1,035,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$637,911
Avg. Annual Appreciation
8.13%
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 Buyer Sale Price Title Company
Mount Baker Investments Llc $397,780 Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2012 11/07/12 Sold $397,500 -6.5% --
09/04/2012 09/04/12 Pending -- -- --
08/28/2012 08/28/12 For Sale $425,000 -- --
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 $8,257 $1,024,733 $439,244 $585,489
2023 $8,257 $1,061,369 $454,948 $606,421
2022 $6,800 $903,298 $387,192 $516,106
2021 $6,460 $728,486 $312,260 $416,226
2020 $6,348 $639,017 $273,910 $365,107
2019 $5,123 $606,566 $260,000 $346,566
2018 $5,297 $490,859 $282,100 $208,759
2017 $4,672 $435,705 $250,400 $185,305
2016 $4,253 $401,137 $230,400 $170,737
2015 $4,186 $380,396 $218,400 $161,996
2014 -- $362,275 $208,000 $154,275
2013 -- $345,680 $200,000 $145,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 398524

Northwest Multiple Listing Service (NWMLS)

APN: 370201-490205-0000