NOT LISTED FOR SALE

1029 High St Unit 1 & 2 Bellingham, WA 98225

Sehome Neighborhood

Estimated Value: $677,000 - $915,000

3 Beds
2 Baths
1,912 Sq Ft
$428/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $430,000 $225 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,122/month

4 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Corner Lot
  • Fairhaven Middle School Rated A-
  • Softwood Flooring
  • 2-minute walk to Laurel Park

About This Home

As of June 2016

Investor/Owner/In-Law alert! Bay-view craftsman on the edge of Sehome Hill near WWU & downtown. The main floor is 3 bed/1 bath w/a classic covered porch; bay, mountain & island views; kitchen w/ breakfast nook; separate dining area; original floors, doors & trim & modern updates incl. high-eff gas heat & hot water, double-pane windows & newer appliances. The lower unit is 2 bed/1 bath remodeled in 2005. Ext. just painted & new roof & gutters. Total rents $2,220 (low), tenants pay gas/electric.

Last Listed By

Chris Thorndike-Kent

Windermere Real Estate Whatcom License #9201 Listed on: 04/11/2016

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 922763

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Bay
  • City
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Sehome Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 91
  • Assessor Parcel Number 3803312094960000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,969

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1920
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1912
  • EffectiveYearBuiltSource: See Remarks
  • SOCComments: Thanks for Showing
  • Special Features: None
  • Cumulative Days on Market: 264

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Softwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Fir/Softwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay, City, Sound, Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 1840

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803312094960000
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 16

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 1595
  • LeasedItems: None
  • TotalMonthlyIncome: 2220

Multi Family

  • Gross Scheduled Income: 26640
  • Net Operating Income: 20863
  • Number Of Units Total: 6
  • Insurance Expense: 960
  • Leasable Area: 1912
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 14, 2016
Sold by
Pigott Rand E and Pigott Gretchen L
Bought by
Gleckman Daniel and Gleckman Lark
Seller's Agent
Chris Thorndike-Kent
Windermere Real Estate Whatcom
Buyer's Agent
Mike Hayes
Hammer Properties NW Inc.
List Price
$430,000
Sold Price
$430,000
Total Days on Market
4
Current Estimated Value
$817,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,461
Avg. Annual Appreciation
7.56%
Original Mortgage
$322,500
Outstanding Balance
$261,576
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$560,637

Purchase Details

Closed on
Sep 14, 2004
Sold by
Sinetar Marsha
Bought by
Pigott Rand E and Pigott Gretchen L

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
Gleckman Daniel $430,000 Chicago Title Insurance
Pigott Rand E $250,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gleckman Daniel $322,500
Previous Owner Pigott Rand E $151,000
Previous Owner Pigott Rand E $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $430,000 0.0% $225 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $430,000 -- $225 / 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 $7,077 $887,006 $556,745 $330,261
2023 $7,077 $909,590 $570,920 $338,670
2022 $5,594 $770,854 $483,840 $287,014
2021 $5,488 $602,230 $378,000 $224,230
2020 $4,007 $557,620 $350,000 $207,620
2019 $3,776 $393,555 $236,800 $156,755
2018 $3,801 $371,769 $223,776 $147,993
2017 $3,309 $320,008 $192,320 $127,688
2016 $2,969 $291,148 $174,880 $116,268
2015 $2,977 $271,989 $164,960 $107,029
2014 -- $263,811 $160,000 $103,811
2013 -- $253,260 $154,875 $98,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 922763

Northwest Multiple Listing Service (NWMLS)

APN: 380331-209496-0000