NOT LISTED FOR SALE

1031 N State St Unit 409 Bellingham, WA 98225

City Center Neighborhood

Estimated Value: $361,000 - $432,000

2 Beds
1 Bath
927 Sq Ft
0.32 Acres

Last Sold February 13, 2019

Last sale price $259,000 $279 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,434/month

76 Days on Market

Highlights

  • Cats Allowed
  • Bellingham High School Rated A
  • Wall to Wall Carpet

About This Home

As of February 2019

Live in the Heart of Downtown, tucked away in a quiet, top floor, end unit, away from the street, with windows and large balcony face west. Newer building has secured entry, elevator, courtyard, and garage parking. This is one of the bigger units in the building with 2 full sized bedrooms, and spacious bathroom. Walking distance to trails, waterfront, dining, and entertainment. 5 min to WWU.

Last Agent to Sell the Property

Sandi Qualls

RE/MAX Whatcom County, Inc. License #50730 Listed on: 10/29/2018

RE/MAX Whatcom County, Inc.

Co-Listed By

Ben Kinney

Keller Williams Western Realty License #24329

Last Buyer's Agent

Vanessa Parry

Bellwether Real Estate License #119698

Bellwether Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1380814

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 2006

Lot Details

  • 0.32

Parking

  • Common or Shared Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 3803301260010039

Community Details

Overview

  • 40 Units
  • Downtown Community
  • 5-Story Property

Pet Policy

  • Pet Restriction
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,975

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 927

Exterior Features

  • Exterior: Brick, Cement/Concrete
  • Roof: Flat, Torch Down

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 29

Utilities

  • Heating And Cooling: Wall
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 40
  • Numberof Units In Complex: 40
  • HOA Fees: 196
  • Community Name: Downtown
  • Project: The Atrium Condo 1st Am
  • Cats And Dogs: Cats Only, Subj To Restrictions
  • Manager Contact Information: Elite Property Management Judy Hamner (360) 220-13
  • Association Contact: Mike
  • Common Property Features: Disabled Access, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Security Gate, Trails
  • Home Owner Dues Included: Earthquake Ins., Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Disabled Access, End Unit, Insulated Windows, Top Floor

Schools

  • Elementary School: Parkview Elem
  • Middle School: Whatcom Mid
  • High School: Bellingham High
  • School District: BEL

Lot Info

  • Lot Details: Alley, Paved Street, Sidewalk
  • Parcel Number: 3803301260010039

Tax Info

  • Tax Amount: 1544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Jan 30, 2019
Sold by
Tippett Eric and Tippett Terri
Bought by
Mozena Lee and Papson James
Seller's Agent
Sandi Qualls
RE/MAX Whatcom County, Inc.
Buyer's Agent
Vanessa Parry
Bellwether Real Estate
List Price
$265,000
Sold Price
$259,000
Premium/Discount to List
-$6,000
-2.26%
Current Estimated Value
$392,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,548
Avg. Annual Appreciation
6.77%
Original Mortgage
$207,200
Outstanding Balance
$138,430
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$254,118

Purchase Details

Listed on
Dec 2, 2016
Closed on
Dec 27, 2016
Sold by
Elliott Lance D
Bought by
Tippett Eric and Tippett Terri
Seller's Agent
Rachael Wilson
RE/MAX Whatcom County, Inc.
Buyer's Agent
Sandi Qualls
RE/MAX Whatcom County, Inc.
List Price
$199,999
Sold Price
$199,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%
Original Mortgage
$159,999
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2013
Sold by
Matijascic Joseph A
Bought by
Elliott Lance Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2013
Sold by
Elliott Andrea and Elliott Lance Darrel
Bought by
Elliot Lance Darrel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Matijascic Kristine K
Bought by
Matijascic Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,320
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mozena Lee $259,000 Chicago Title Ins
Tippett Eric $199,999 Chicago Title Co
Elliott Lance Darrell $180,280 Whatcom Land Title
Elliot Lance Darrel -- Whatcom Land Title
Matijascic Joseph A -- Stewart Title Company
Matijascic Joseph A $218,180 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mozena Lee $207,200
Previous Owner Tippett Eric $159,999
Previous Owner Elliott Lance Darrell $144,000
Previous Owner Matijascic Joseph A $174,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2019 02/13/19 Sold $259,000 0.0% $279 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
11/26/2018 11/26/18 Price Changed $259,000 -2.3% $279 / Sq Ft
10/29/2018 10/29/18 For Sale $265,000 +32.5% $286 / Sq Ft
01/03/2017 01/03/17 Sold $199,999 0.0% $216 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $199,999 -- $216 / 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 $2,975 $382,016 $52,640 $329,376
2023 $2,975 $382,016 $52,640 $329,376
2022 $2,595 $315,722 $43,505 $272,217
2021 $2,500 $279,400 $38,500 $240,900
2020 $2,183 $254,000 $35,000 $219,000
2019 $1,800 $214,420 $32,274 $182,146
2018 $2,040 $177,282 $26,684 $150,598
2017 $1,544 $171,736 $25,270 $146,466
2016 $218 $135,875 $20,000 $115,875
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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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1380814

Northwest Multiple Listing Service (NWMLS)

APN: 380330-126001-0039