NOT LISTED FOR SALE

1137 Aaron Dr Lynden, WA 98264

Estimated Value: $1,430,173 - $1,631,000

8 Beds
7 Baths
5,016 Sq Ft
$301/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $598,000 $119 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $9,328/month

14 Days on Market

Highlights

  • Territorial View
  • Patio
  • High Speed Internet
  • Thermal Windows
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of October 2014

Well-maintained 4-plex in charming Lynden with an excellent rental history. 2-units, one-level 3 bedrooms and 2 baths, approx. 1,340 sq. ft., French doors to patio + 2-car garage. 2-units, two-story 3 bedrm and 1.5 ba, approx. 1,168 sq. ft., slider to patio + 1-car garage. All appliances included. Tile and Carpet throughout. Common area lawn. Amenities include use of the community Clubhouse. Easy walk to nearby Bender Fields, Trails, Restaurants, Wood's Coffee, and Homestead Fitness & Golf Club.

Last Agent to Sell the Property

Michelle Harrington

COMPASS License #24000382 Listed on: 09/24/2014

COMPASS

Last Buyer's Agent

Jim Huleatt

Windermere Real Estate Whatcom License #91449

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 699267

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,519

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 128x104x127x104
  • Property is in good condition

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Quadruplex
  • Poured Concrete
  • Shake Roof
  • Wood Siding
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 5,016 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces

Outdoor Features

  • Patio

Schools

  • Vossbeck Elementary School
  • Lynden Mid Middle School
  • Lynden High School

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Heritage Park Condos
  • Lynden Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 400316226508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,519

Year Built

Built in 2004

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2004
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Heritage Park
  • New Construction: No
  • CalculatedSquareFootage: 5016
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 284

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Clubhouse,See Remarks,Thermal Windows

Exterior Features

  • Roof: Cedar Shake
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking: No
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Lynden
  • WaterCompany: City of Lynden
  • WaterSewerGarbage: 4529

Condo/Co-op/Association

  • Association Fee: 1920
  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 1231

Schools

  • Junior High Dist: Lynden
  • High School: Lynden High
  • Middle Or Junior School: Lynden Mid

Lot Info

  • Parcel Number: 400316226508
  • Lot Size Acres: 0.3
  • Lot Size: 128x104x127x104
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 18

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 4340

Multi Family

  • Gross Scheduled Income: 52080
  • Net Operating Income: 36601
  • Number Of Units Total: 4
  • Insurance Expense: 1696
  • Leasable Area: 5016
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4519

MLS Schools

  • Elementary School: Vossbeck Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2014
Closed on
Oct 23, 2014
Sold by
Degolier Dorothy F
Bought by
Folkertsma Dairy Farm Llc
Seller's Agent
Michelle Harrington
COMPASS
Buyer's Agent
Jim Huleatt
Windermere Real Estate Whatcom
List Price
$614,900
Sold Price
$598,000
Premium/Discount to List
-$16,900
-2.75%
Total Days on Market
14
Current Estimated Value
$1,510,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$912,543
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
May 25, 2004
Sold by
Alwood Darrell J and Alwood Sherrie A
Bought by
Degolier Daniel P and Degolier Dorothy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2003
Sold by
L T Brisbane & Co Llc
Bought by
Alwood Darrell J and Alwood Sherrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Folkertsma Dairy Farm Llc $598,000 First American Title Ins
Degolier Daniel P $530,000 First American Title Insuran
Alwood Darrell J -- Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Degolier Daniel P $492,600
Previous Owner Degolier Daniel P $500,500
Previous Owner Degolier Daniel P $424,000
Previous Owner Alwood Darrell J $383,000
Closed Degolier Daniel P $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $598,000 -2.7% $119 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $614,900 -- $123 / 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 $8,260 $1,177,531 $266,750 $910,781
2023 $8,260 $1,150,751 $275,000 $875,751
2022 $7,976 $1,047,705 $252,714 $794,991
2021 $7,823 $865,862 $208,852 $657,010
2020 $6,852 $773,111 $186,480 $586,631
2019 $6,096 $708,965 $171,220 $537,745
2018 $6,665 $646,639 $155,974 $490,665
2017 $5,334 $580,603 $140,000 $440,603
2016 $5,028 $494,213 $132,000 $362,213
2015 $4,456 $463,335 $126,960 $336,375
2014 -- $447,640 $122,640 $325,000
2013 -- $445,000 $120,000 $325,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 699267

Northwest Multiple Listing Service (NWMLS)

APN: 400316-226508-0000