Seller's Agent in 2024
Lynda Hinton
Windermere Real Estate Whatcom
(360) 303-1023
2 in this area
248 Total Sales
Listed by Windermere Real Estate Whatcom, Bought with Better Properties NorthSeattle
1115 N Forest St Bellingham, WA 98225
Sehome NeighborhoodEstimated Value: $610,000 - $790,000
4
Beds
4
Baths
1,994
Sq Ft
$343/Sq Ft
Est. Value
Highlights
- Bay View
- Softwood Flooring
- High Speed Internet
- Fairhaven Middle School Rated A-
- No HOA
About This Home
As of April 2024This is a rare find of a 4 plex that is almost 120 years old with good "bones" and character. One unit (#5) has a partial bay view and the others all have tall ceilings and long term tenants. These are all one bed/one bath units and there is off alley parking which is dedicated to the tenants. There is even a small lawn between the building and the parking area. There is asbestos siding which appears to be in good condition. The Seller has had this property for 35 years and it has always had tenants due to its awesome location and proximity to Downtown and WWU, he has not lived in the area for a number of years, however, if the building and units were improved the rental rates could be much higher. All four leases are 1 year.
Last Agent to Sell the Property
Windermere Real Estate Whatcom License #24074 Listed on: 02/28/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2039856
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,247
Year Built
- Built in 1904
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 27' x 125'
- Property is in average condition
Property Views
- Bay
- Limited
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
Interior Spaces
- 1,994 Sq Ft Home
- 2-Story Property
Flooring
- Softwood
- Wall to Wall Carpet
- Vinyl Plank
Parking
- 3 Parking Spaces
- Open Parking
Utilities
- Radiator
- High Speed Internet
Community Details
- No Home Owners Association
- New Whatcom Condos
- Downtown Subdivision
Listing and Financial Details
- Legal Lot and Block 12 / 70
- Assessor Parcel Number 3803301840030000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2023
Closed on
Apr 30, 2024
Sold by
Cornia Gregory L and Goodman John
Bought by
Gergen Brianna and Gergen Jessica Teresa
Seller's Agent
Lynda Hinton
Windermere Real Estate Whatcom
Buyer's Agent
Lisa Gergen
Better Properties NorthSeattle
List Price
$875,000
Sold Price
$625,000
Premium/Discount to List
-$250,000
-28.57%
Views
486
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,806
Avg. Annual Appreciation
6.49%
Original Mortgage
$468,750
Outstanding Balance
$462,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$221,806
Purchase Details
Listed on
Feb 28, 2023
Closed on
Apr 10, 2024
Sold by
Jones Marlene J and Jones Dale
Bought by
Estates Cole-Graham
Seller's Agent
Lynda Hinton
Windermere Real Estate Whatcom
Buyer's Agent
Lisa Gergen
Better Properties NorthSeattle
List Price
$875,000
Sold Price
$625,000
Premium/Discount to List
-$250,000
-28.57%
Views
486
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Outstanding Balance
$462,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$221,806
Purchase Details
Closed on
Dec 12, 2022
Sold by
Cole Mark
Bought by
Cornia Greg
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gergen Brianna | $625,000 | Chicago Title | |
| Estates Cole-Graham | -- | Chicago Title | |
| Cornia Greg | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gergen Brianna | $468,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $625,000 | -3.8% | $313 / Sq Ft |
| 03/22/2024 03/22/24 | Pending | -- | -- | -- |
| 12/22/2023 12/22/23 | Price Changed | $650,000 | -17.5% | $326 / Sq Ft |
| 07/29/2023 07/29/23 | Price Changed | $787,500 | -10.0% | $395 / Sq Ft |
| 02/28/2023 02/28/23 | For Sale | $875,000 | -- | $439 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $6,424 | $805,155 | $538,790 | $266,365 |
| 2023 | $6,424 | $825,606 | $552,475 | $273,131 |
| 2022 | $5,247 | $711,742 | $476,280 | $235,462 |
| 2021 | $5,148 | $564,875 | $378,000 | $186,875 |
| 2020 | $3,642 | $523,032 | $350,000 | $173,032 |
| 2019 | $3,261 | $357,667 | $146,284 | $211,383 |
| 2018 | $3,283 | $321,059 | $131,337 | $189,722 |
| 2017 | $2,832 | $276,421 | $113,074 | $163,347 |
| 2016 | $2,478 | $249,143 | $101,468 | $147,675 |
| 2015 | $2,430 | $226,971 | $92,675 | $134,296 |
| 2014 | -- | $215,343 | $87,927 | $127,416 |
| 2013 | -- | $214,153 | $87,927 | $126,226 |
Source: Public Records
Agents Affiliated with this Home
-
Lynda Hinton
-
Lisa Gergen
L
Buyer's Agent in 2024
Lisa Gergen
Better Properties NorthSeattle
(206) 219-9305
1 in this area
27 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2039856
APN: 380330-184003-0000
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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