Listed by Hammer Properties NW Inc.
$1,200,000

Estimated payment $7,535/month

0.32 Acre
$3,802,281 Price per Acre
13,748 Sq Ft Lot

Highlights

  • Bay View
  • Corner Lot
  • No HOA
  • Fairhaven Middle School Rated A-

About This Lot

Rare development site with cool 1958 Mid-Century Modern, 4,400 sq ft office building. In the Opportunity Zone and the Downtown District Urban Village, zoned RT-1. See BMC 20.37.520 for all uses. The attached plans for a 4 story, 47 unit building have neighborhood review + initial design review done! Feasibility work done by AVT Consulting. Plans by Sergio @ Grinstad & Wagner. Building currently being used as an office + storage. With Bay/City views + close to Downtown and WWU, the Sehome neighborhood has lower vacancy rates + higher rents than most. Fourteen parking spaces with 2 driveways. Two addresses 1126 + 1130 N Forest & two tax IDs #3803302140040000 + 3803302050050000. Buyer to verify all. Owner financing possible, ask about terms.

Last Listed By

Nikki Quinn

Hammer Properties NW Inc. License #83115 Listed on: 05/31/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2390780

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,898

Year Built

  • 1958

Lot Details

  • 0.32 Acre Lot
  • Corner Lot
  • Sloped Lot
  • 3803302140040000
  • Zoning described as Office,Residential,See Remarks

Property Views

  • Bay
  • Territorial

Community Details

  • No Home Owners Association
  • Sehome Subdivision

Listing and Financial Details

  • Legal Lot and Block 1-2 / 79
  • Assessor Parcel Number 3803302050050000

Property Details

Property Type

Land

Est. Annual Taxes

$9,898

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: See Remarks,Unknown
  • SOCComments: *Two excluded buyers
  • Improvements: Driveway,Outbuilding(s)
  • Special Features: None
  • Year Built: 1958
  • Cumulative Days on Market: 377

Interior Features

  • Possible Use: Office, Residential, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Bay, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Available
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3803302050050000
  • Topography: See Remarks,Sloped
  • Lot Size Acres: 0.3156
  • Lot Size: approx 110x125
  • Lot Size Sq Ft: 13746
  • Additional Parcels Description: 3803302140040000
  • Zoning Description: Office,Residential,See Remarks
  • Zoning: RT-1
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: CityIQ
  • ZoningJurisdiction: City
  • LotNumber: 1-2

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9898

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,244 $545,266 $375,824 $169,442
2023 $4,244 $545,266 $375,824 $169,442
2022 $4,002 $491,231 $338,580 $152,651
2021 $4,241 $430,904 $297,000 $133,904
2020 $3,342 $430,904 $297,000 $133,904
2019 $3,096 $328,208 $148,368 $179,840
2018 $3,570 $304,848 $137,808 $167,040
2017 $3,416 $300,585 $135,881 $164,704
2016 $3,282 $300,585 $135,881 $164,704
2015 $3,295 $300,585 $135,881 $164,704
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 Whatcom Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 Unknown
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2390780

Northwest Multiple Listing Service (NWMLS)

APN: 380330-205005-0000