NOT LISTED FOR SALE

1020 23rd St Bellingham, WA 98225

Happy Valley Neighborhood
5 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold March 15, 2018

Last sale price $2,140,000

181 Days on Market

Highlights

  • Deck
  • Territorial View
  • High Speed Internet
  • Fairhaven Middle School Rated A-

About This Home

As of March 2018

Great investment property just 2.5 blocks from WWU! 1020 23rd St. was built 2000 & sits on a 0.25 acre lot. Has 10 fresh modern units (5) 4bd, 2 bth & (5) 1 bd,1bth, decks and W&D makes renting these units effortless! Garage spot for renting to maximizing profits! This could be your opportunity to own an amazing investment property steps to WWU or even entertain a possible condo conversion!

Last Agent to Sell the Property

Annie Dameron

John L. Scott Bellingham License #75113 Listed on: 07/18/2017

John L. Scott Bellingham

Last Buyer's Agent

Troy Muljat

Muljat Group License #2199

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1164844

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,870

Year Built

  • Built in 2000

Lot Details

  • 0.25

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Territorial Views

Parking

  • 10 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • 0.25 Acre Lot
  • High Speed Internet

Community Details

  • Happy Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3702015281930000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,870

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 2000
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 525

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers,See Remarks

Exterior Features

  • Roof: Composition, Flat
  • View: Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Sanitary Services
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 6903

Schools

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

Lot Info

  • Parcel Number: 3702015281930000
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 14500

Multi Family

  • Gross Scheduled Income: 175068
  • Net Operating Income: 132083
  • Number Of Units Total: 10
  • Electric Expense: 465
  • Leasable Area: 8814
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 18870

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $2,140,000 -2.7% --
01/18/2018 01/18/18 Pending -- -- --
12/15/2017 12/15/17 Price Changed $2,200,000 -18.5% --
11/05/2017 11/05/17 For Sale $2,700,000 +26.2% --
10/19/2017 10/19/17 Off Market $2,140,000 -- --
08/14/2017 08/14/17 For Sale $2,700,000 0.0% --
08/14/2017 08/14/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $2,700,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Annie Dameron

    Seller's Agent in 2018

    Annie Dameron

    John L Scott

    (360) 920-1826

    61 Total Sales

    Annie Dameron
    Section Image
  • Troy Muljat

    Buyer's Agent in 2018

    Troy Muljat

    Muljat Group

    (360) 393-6139

    43 Total Sales

    Troy Muljat
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1164844

Northwest Multiple Listing Service (NWMLS)

Washington Whatcom County Bellingham 98225 Happy Valley

1020 23rd St, Bellingham, WA

This home is located at 1020 23rd St, Bellingham, WA 98225 since 18 July 2017. This property was built in 2000. 1020 23rd St is a home located in Whatcom County with nearby schools including Happy Valley 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) 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. ©2025 NWMLS.

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