NOT LISTED FOR SALE

Estimated Value: $957,000 - $1,163,000

5 Beds
2 Baths
3,000 Sq Ft
$366/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $683,600 $228 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,355/month

277 Days on Market

Highlights

  • Bay View
  • Deck
  • Thermal Windows
  • Fairhaven Middle School Rated A-
  • Wood Flooring
  • 1-minute walk to Harriet Spanel Park

About This Home

As of June 2019

MAJOR RENOVATIONS COMPLETE: new plumbing, new bathrooms, new electrical, new drywall, new flooring, and 2 new leases with increased rent: this Grand Dame of York 4-Plex is a hot deal. 7% cap rate, more room for rent increases, it features: location, spacious units, gas fireplaces, views of Mount Baker and the Bay. On top of the recent extensive renovation, this building also features new windows, hardwood floors, new coin op washer/dryer, many new appliances and newer roof.

Last Buyer's Agent

Rainy Fackler-Adams

eXp Realty License #113192

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1330532

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,262

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in very good condition

Property Views

  • Bay
  • Mountain

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Natural Gas Connected
  • High Speed Internet

Community Details

  • York Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803314064300000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,262

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1915
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3000
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s)
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Bellingham
  • WaterCompany: Bellingham
  • WaterSewerGarbage: 1200

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803314064300000
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Outbuildings
  • MLSLotSizeSource: tax records
  • ZoningJurisdiction: City

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4500

Multi Family

  • Gross Scheduled Income: 54000
  • Net Operating Income: 448418
  • Number Of Units Total: 6
  • Electric Expense: 300
  • Insurance Expense: 923
  • Leasable Area: 3000
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3262

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Bach Laketta M
Bought by
Bellingham Christian School Foundation
Current Estimated Value
$1,096,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$475,576
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$532,462

Purchase Details

Listed on
Jul 20, 2018
Closed on
May 6, 2019
Sold by
Taylor Michael A
Bought by
Adams Rainy Fackler and Fackler Adams Ben N
Buyer's Agent
Rainy Fackler-Adams
eXp Realty
List Price
$685,000
Sold Price
$683,600
Premium/Discount to List
-$1,400
-0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$512,700
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2009
Sold by
Tatum Cynthia Lee
Bought by
Taylor Michael A

Purchase Details

Closed on
Sep 14, 2006
Sold by
Davis William
Bought by
Taylor Michael A and Tatum Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Bellingham Christian School Foundation -- Whatcom Land Title
Adams Rainy Fackler $683,600 Whatcom Land Title
Taylor Michael A -- None Available
Taylor Michael A $345,280 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellingham Christian School Foundation $525,000
Previous Owner Adams Rainy Fackler $512,700
Previous Owner Taylor Michael A $255,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $683,600 -0.2% $228 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/21/2019 04/21/19 For Sale $685,000 +0.2% $228 / Sq Ft
12/26/2018 12/26/18 Off Market $683,600 -- --
12/21/2018 12/21/18 Price Changed $685,000 -5.5% $228 / Sq Ft
10/05/2018 10/05/18 Price Changed $725,000 -3.3% $242 / Sq Ft
07/20/2018 07/20/18 For Sale $750,000 -- $250 / 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 $6,470 $810,861 $286,326 $524,535
2023 $6,470 $831,505 $293,616 $537,889
2022 $5,114 $704,680 $248,832 $455,848
2021 $5,017 $550,531 $194,400 $356,131
2020 $3,948 $509,751 $180,000 $329,751
2019 $3,719 $387,705 $170,200 $217,505
2018 $3,746 $366,187 $160,839 $205,348
2017 $3,262 $315,403 $138,230 $177,173
2016 $2,916 $287,023 $125,695 $161,328
2015 $2,923 $267,074 $118,565 $148,509
2014 -- $259,043 $115,000 $144,043
2013 -- $248,035 $106,200 $141,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1330532

Northwest Multiple Listing Service (NWMLS)

APN: 380331-406430-0000