NOT LISTED FOR SALE

1026 22nd St Bellingham, WA 98225

Happy Valley Neighborhood
12 Beds
6 Baths
17,496 Sq Ft
0.46 Acres

Last Sold July 17, 2012

Last sale price $2,850,000 $163 Per Sq Ft

61 Days on Market

About This Home

As of July 2012

Rare and Well Located Southside Apartment with secured underground parking. Property is located in the heart of the college rental district with historically low vacancy and low maintenance. The complex was built in 2006 and has a unit mix of one bedrooms and three bedrooms with W/D in each unit. Rental Market and Property have strong rental growth which makes this a strong investment.

Last Agent to Sell the Property

Troy Muljat

Muljat Group License #2199 Listed on: 04/17/2012

Muljat Group

Co-Listed By

Brian Finnegan

Landmark Real Estate Mgmt, LLC License #11930

Last Buyer's Agent

Jason Loeb

Windermere Real Estate Whatcom License #91977

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM344518

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 0.46

Home Design

  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property

Community Details

  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 3702015001950000

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Style: 10+ Units
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior: Cement Planked, Cement/Concrete
  • Roof: Composition

Garage/Parking

  • Numberof Garage Spaces: 36
  • Total Numberof Parking Spaces: 36

Utilities

  • Heating And Cooling: Wall
  • Sewer: Sewer Connected

Condo/Co-op/Association

  • Numberof Units in Building: 20

Schools

  • School District: BEL

Lot Info

  • General Zoning Classification: Multi-Family
  • Parcel Number: 3702015001950000

Multi Family

  • Gross Adjusted Income: 246625
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: 243625
  • Total Expenses: 63406
  • Total Monthly Income: 20930
  • Net Operating Income: 183219
  • Total Expenses: 63406
  • Vacancy Rate: 3

Tax Info

  • Tax Amount: 10309

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/17/2012 07/17/12 Sold $2,850,000 -8.1% $163 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $3,100,000 -- $177 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Troy Muljat

    Seller's Agent in 2012

    Troy Muljat

    Muljat Group

    (360) 393-6139

    43 Total Sales

    Troy Muljat
    Section Image
  • Brian Finnegan

    Seller Co-Listing Agent in 2012

    Brian Finnegan

    Landmark Real Estate Mgmt, LLC

    (808) 629-9867

    7 Total Sales

    Section Image

  • J

    Buyer's Agent in 2012

    Jason Loeb

    Windermere Real Estate Whatcom

    (360) 305-6917

    176 Total Sales

    Jason Loeb
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM344518

Northwest Multiple Listing Service (NWMLS)

Washington Whatcom County Bellingham 98225 Happy Valley

1026 22nd St, Bellingham, WA

This home is located at 1026 22nd St, Bellingham, WA 98225 since 17 April 2012. This property was built in 2006. 1026 22nd 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.

Nearby Homes