Listed by Westview Real Estate, Inc., Bought with Pacwest Realty, Inc.
NOT LISTED FOR SALE

112 E Maple St Bellingham, WA 98225

City Center Neighborhood

Estimated Value: $9,936,789

Studio
-- Bath
22,838 Sq Ft
$435/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $5,260,000 $230 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $61,383/month

12 Days on Market

Highlights

  • Ocean View
  • Deck
  • Disabled Access
  • Bellingham High School Rated A-
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of May 2017

First time on market, impeccably maintained, 27 unit building located in the heart of Downtown, overlooking Bellingham Bay and San Juan Islands. Building has mix of studio, 1 and 2 bedroom units, and 2 commercial spaces with a grand lobby entrance, secured garage parking, secured mail/package area, storage, bike parking, elevator and incredible 5th floor common deck with amazing views. No vacancy since building was completed in 2007. Professionally managed by Westview.

Last Agent to Sell the Property

Kara Westerop

Westview Real Estate, Inc. License #23082 Listed on: 02/15/2017

Last Buyer's Agent

Bob Hayden

Pacwest Realty, Inc. License #23702

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1078742

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,910

Year Built

  • Built in 2007

Lot Details

  • 7,574 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Corner Lot
  • Sprinkler System
  • Property is in very good condition

Property Views

  • Ocean
  • Bay
  • City
  • Territorial

Home Design

  • 22,838 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Bitumen Roof
  • Stucco

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 23 Parking Spaces
  • 18 Covered Spaces

Schools

  • Parkview Elementary School
  • Whatcom Mid Middle School
  • Bellingham High School

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Disabled Access
  • Deck

Community Details

  • Morse Landing Condos
  • Downtown Subdivision
  • 6-Story Property

Listing and Financial Details

  • Assessor Parcel Number 3803301100270000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,910

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Accessibility Features: Other
  • Year Built: 2007
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Morse Landing
  • New Construction: No
  • CalculatedSquareFootage: 22838
  • Special Features: None

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Office, Retail
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 6
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Elevator,Fire Sprinklers,Storage

Exterior Features

  • Roof: Flat, Torch Down
  • View: Bay, City, Ocean, Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete, Stucco
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 5
  • Carport Y N: No
  • Covered Parking Spaces: 18
  • Open Parking: No
  • Total Parking Spaces: 23

Utilities

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

Schools

  • Junior High Dist: Bellingham
  • High School: Bellingham High
  • Middle Or Junior School: Whatcom Mid

Lot Info

  • Parcel Number: 3803301100270000
  • Lot Size Acres: 0.1739
  • Lot Size: 60x125
  • Lot Size Sq Ft: 7574
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Disabled Access,Gas Available,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: Survey
  • ZoningJurisdiction: City
  • ZoningClass: Business,Commercial,Multi-Family,Office,Retail

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 28131

Tax Info

  • Year: 2017
  • Tax Annual Amount: 11910

Multi Family

  • Number Of Units Total: 27
  • Electric Expense: 4000
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Parkview Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2005
Sold by
Morse Square Condominium Llc
Bought by
Morse Landing Llc
Current Estimated Value
$9,936,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,733,500
Outstanding Balance
$890,946
Interest Rate
5.92%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Morse Landing Llc $15,157 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morse Landing Llc $1,733,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $5,260,000 0.0% $230 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $5,260,000 -- $230 / 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
2025 -- -- -- --
2024 -- -- -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $298,204 $30,870 $267,334
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kara Westerop

    Westview Real Estate, Inc.

    (360) 647-3499

    5 Total Sales

    Kara Westerop
    Section Image

  • B

    Buyer's Agent in 2017

    Bob Hayden

    Pacwest Realty, Inc.

    (360) 305-7293

    8 Total Sales

    Bob Hayden
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1078742

Northwest Multiple Listing Service (NWMLS)

APN: 380330-110027-0000

Washington Whatcom County Bellingham 98225 City Center

112 E Maple St, Bellingham, WA

Not Listed for Sale

MultiFamily

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) 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

Nearby Homes