NOT LISTED FOR SALE

Estimated Value: $1,065,000 - $1,291,000

6 Beds
6 Baths
-- Sq Ft
6,969 Sq Ft Lot

Last Sold December 18, 2015

Last sale price $510,000

Est. 129% increase in value since last sale

Current estimated payment $7,134/month

2 Days on Market

Highlights

  • Ocean View
  • Deck
  • High Speed Internet
  • Fairhaven Middle School Rated A-
  • Ceramic Tile Flooring
  • 1-minute walk to Laurel Park

About This Home

As of December 2015

Rare opportunity to get a legal early century tri-plex close to the university. Professionally managed and thus in very well kept condition. Newer upgrades include double pane windows, and updated electric panel. Each unit has it's own gas furnace. Tenants pay utilities. Two 4 bedroom units and One 3 bedroom unit plus separate coin operated laundry area generating extra income. Within a couple of blocks of WWU and near Laurel Park. Off street parking. Very high demand area due to the University.

Last Listed By

Gary Davidson

Windermere Real Estate Whatcom License #83897 Listed on: 10/19/2015

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 861096

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,235

Year Built

  • Built in 1912

Lot Details

  • 6,969 Sq Ft Lot
  • Lot Dimensions are 125 x 55
  • Property is in good condition

Property Views

  • Ocean
  • Bay
  • City
  • Mountain

Home Design

  • Triplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 3-Story Property
  • Deck

Community Details

  • Eldridge Bartlett/Sehome Condos
  • Sehome Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 15
  • Assessor Parcel Number 3803312154760000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,235

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1912
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Eldridge-Bartlett/Sehome
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 261

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: Bay, City, Mountain(s), Ocean
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • 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: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 3292

Fee Information

  • Annual Fuel Expense: 747

Schools

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

Lot Info

  • Parcel Number: 3803312154760000
  • Lot Size Acres: 0.16
  • Lot Size: 125 X 55
  • Lot Size Sq Ft: 6969
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: Assessor
  • LotNumber: 11

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3460

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3235

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1322
  • Insurance Expense: 1200
  • Leasable Area: 2637
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Stacy Michael
Bought by
Stacy Michael W and Stacy Robin
Total Days on Market
2
Current Estimated Value
$1,166,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,550
Outstanding Balance
$650,231
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$501,462

Purchase Details

Listed on
Oct 19, 2015
Closed on
Dec 18, 2015
Sold by
Stacy Robin
Bought by
Stacy Michael W
Seller's Agent
Gary Davidson
Windermere Real Estate Whatcom
Buyer's Agent
Jeffrey Vlasic
Muljat Group
List Price
$510,000
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$371,245
Interest Rate
3.83%
Mortgage Type
Commercial

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
Stacy Michael W -- Whatcom Land Title Co Inc
Stacy Michael W -- Whatcom Land Title
Stacy Michael W $510,000 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stacy Michael W $706,550
Closed Stacy Michael W $371,245
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $510,000 0.0% --
10/21/2015 10/21/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $510,000 -- --
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 $7,619 $955,009 $397,675 $557,334
2023 $7,619 $979,324 $407,800 $571,524
2022 $6,023 $829,951 $345,600 $484,351
2021 $5,909 $648,400 $270,000 $378,400
2020 $4,358 $600,370 $250,000 $350,370
2019 $4,106 $427,982 $244,200 $183,782
2018 $4,134 $404,279 $230,769 $173,510
2017 $3,599 $348,033 $198,330 $149,703
2016 $3,227 $316,660 $180,345 $136,315
2015 $3,235 $295,598 $170,115 $125,483
2014 -- $286,710 $165,000 $121,710
2013 -- $278,332 $159,300 $119,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 861096

Northwest Multiple Listing Service (NWMLS)

APN: 380331-215476-0000