NOT LISTED FOR SALE

1031 N State St Unit 206 Bellingham, WA 98225

City Center Neighborhood

Estimated Value: $301,000 - $356,000

1 Bed
1 Bath
608 Sq Ft
$174/mo HOA Fee

Last Sold March 03, 2023

Last sale price $296,500 $488 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,139/month

14 Days on Market

Highlights

  • Views of a Sound
  • Gated Community
  • Modern Architecture
  • Bellingham High School Rated A
  • Property is near public transit
  • Elevator

About This Home

As of March 2023

Welcome to Downtown Bellingham, Trendy Modern Spacious light & bright condo, private assigned Covered garage parking, elevator, private washer dryer in unit for convenience, Amazing Serenity in open atrium courtyard to enjoy for years to come. Open kitchen is remodeled and Elegant new floors, paint, private deck next to the best restaurants, shopping Downtown and WWU college offers. On the bus line and an easy commute to central services. Blinds and all new appliances included in sale. please accept this invitation to make this home or your next investment. NO Rental CAP number on entire building. Invest with piece of mind and location location says its all here. Built in 2006 and remodeled in 2022 makes this lovely and profitable.

Last Listed By

Michael Jerabek

Michael J Real Estate LLC License #13011 Listed on: 01/23/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2029881

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 2006

Lot Details

  • 0.32

HOA Fees

  • $174 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Views of a Sound
  • City
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Brick Exterior Construction
  • Bitumen Roof
  • Cement Board or Planked

Interior Spaces

  • 608 Sq Ft Home
  • 4-Story Property
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Water Heater
  • Cable TV Available

Additional Features

  • East Facing Home
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3803301260010016

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 40 Units
  • Judy Hammer Association
  • Secondary HOA Phone (360) 685-4209
  • The Atrium Condos
  • Downtown Subdivision
  • Park Phone (360) 685-4209 | Manager Elite Property Management

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,890

Year Built

Built in 2006

Lot Details

0

HOA Fees

$174 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2006
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: The Atrium
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 608
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 845

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Lower,Main
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 4
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Washer
  • WindowCoverings: yes

Exterior Features

  • Roof: Torch Down
  • View: City, Mountain(s), Sound, Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Brick, Cement/Concrete, Cement Planked
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Rooftop Deck,Unit
  • BusRouteNumber: main line

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 7

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: closet
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, Gated, Lobby Entrance, Outside Entry
  • Park Manager Name: Elite Property Management
  • Park Manager Phone: 360-685-4209
  • Senior Community: No
  • Association Fee: 174
  • Association Fee Frequency: Monthly
  • Phone: 360-685-4209
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • Common Interest: Condominium
  • AssociationContactName: Judy Hammer
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Fire Sprinklers,Gated Entry,Lobby Entrance,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803301260010016
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: tax

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1890

Multi Family

  • Number Of Units In Community: 40
  • EnergySource: Electric
  • UnitsInBuildingTotal: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Mar 2, 2023
Sold by
Cortes Brian
Bought by
Johnson Glenna Joanne and Johnson David Charles
Seller's Agent
Michael Jerabek
Michael J Real Estate LLC
Buyer's Agent
Kathryn Sentinella
Keller Williams Western Realty
List Price
$309,500
Sold Price
$296,500
Premium/Discount to List
-$13,000
-4.2%
Total Days on Market
14
Views
71
Current Estimated Value
$320,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,840
Avg. Annual Appreciation
3.63%
Original Mortgage
$237,200
Outstanding Balance
$214,345
Interest Rate
5.28%
Mortgage Type
New Conventional
Estimated Equity
$105,995

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 14, 2022
Sold by
Nelson Bruce K
Bought by
Cortes Xavier and Cortes Yaitza
Seller's Agent
Paulina Antczak
Windermere Real Estate Whatcom
Buyer's Agent
Michael Jerabek
Michael J Real Estate LLC
List Price
$280,000
Sold Price
$294,900
Premium/Discount to List
$14,900
5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.58%
Original Mortgage
$221,175
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2011
Sold by
Chaddock Robert S and Chaddock Danelle L
Bought by
Nelson Bruce K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2008
Sold by
Immanuel Llc
Bought by
Chaddock Robert S and Chaddock Danelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

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
Johnson Glenna Joanne -- Whatcom Land Title
Cortes Xavier $294,900 Whatcom Land Title
Nelson Bruce K $130,280 First American Title Ins
Chaddock Robert S $155,280 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Glenna Joanne $237,200
Previous Owner Cortes Xavier $221,175
Previous Owner Cortes Xavier $221,175
Previous Owner Nelson Bruce K $120,000
Previous Owner Chaddock Robert S $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $296,500 -4.2% $488 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $309,500 +5.0% $509 / Sq Ft
03/25/2022 03/25/22 Sold $294,900 +5.3% $485 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $280,000 -- $461 / 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 $2,168 $278,240 $52,640 $225,600
2023 $2,168 $278,240 $52,640 $225,600
2022 $1,890 $229,955 $43,505 $186,450
2021 $1,821 $203,500 $38,500 $165,000
2020 $1,577 $185,000 $35,000 $150,000
2019 $1,301 $154,915 $32,274 $122,641
2018 $1,531 $128,083 $26,684 $101,399
2017 $1,159 $128,918 $25,270 $103,648
2016 $218 $102,000 $20,000 $82,000
2015 $226 $20,000 $20,000 $0
2014 -- $20,000 $20,000 $0
2013 -- $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2029881

Northwest Multiple Listing Service (NWMLS)

APN: 380330-126001-0016