1126 N Forest St Bellingham, WA 98225
Sehome NeighborhoodEstimated payment $7,137/month
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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2390780
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,898
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | For Sale | $1,200,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,100,000 | Whatcom Land Title Co Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | Unknown |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2390780
APN: 380330-205005-0000
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