NOT LISTED FOR SALE

1213 Billy Frank Jr St Bellingham, WA 98225

Sehome Neighborhood

Estimated Value: $809,000 - $1,136,000

10 Beds
8 Baths
2,494 Sq Ft
$406/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $506,000 $203 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $6,519/month

3 Days on Market

Highlights

  • High Speed Internet
  • Wood Siding
  • 5-minute walk to Laurel Park
  • Fairhaven Middle School Rated A-
  • Wall to Wall Carpet

About This Home

As of May 2017

Great Location with Character! This turn of the century home offers three 2 bedroom 1 bath apartments currently two with long term tenants. Rents are far below market average at $360/bdrm. Main floor offers large kitchen, eating area, spacious living room, gas fired boiler providing hot water radiator heating, ideal for owner occupied suite. The upper apartment has a gas fired forced air system, two good size bedrooms and one bath. Average rents in this WWU area range from $500 to $600/bdrm.

Last Listed By

David Hovde

Windermere Real Estate Whatcom License #7668 Listed on: 05/03/2017

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1117887

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 1905

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55' x 125'

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,494 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Schools

  • Lowell Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

  • Radiator
  • High Speed Internet
  • Cable TV Available

Community Details

  • New Whatcom Condos
  • Sehome Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 98
  • Assessor Parcel Number 3803313275370000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,691

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1905
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: New Whatcom
  • New Construction: No
  • CalculatedSquareFootage: 2494
  • Special Features: None
  • Cumulative Days on Market: 261

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Radiator, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Foundation Details: See Remarks
  • Property Condition: Fair
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB
  • WaterSewerGarbage: 1960

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 3803313275370000
  • Lot Size Acres: 0.16
  • Lot Size: 55' x 125'
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet
  • MLSLotSizeSource: Assessor
  • LotNumber: 12

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 2160

Multi Family

  • Gross Scheduled Income: 25920
  • Net Operating Income: 18741
  • Number Of Units Total: 3
  • Electric Expense: 123
  • Insurance Expense: 816
  • Leasable Area: 2494
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3691

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
May 26, 2017
Sold by
Quady John E and Quady Helen C
Bought by
922 Bjf Llc
Seller's Agent
David Hovde
Windermere Real Estate Whatcom
Buyer's Agent
Tim Cornwell
eXp Realty
List Price
$486,000
Sold Price
$506,000
Premium/Discount to List
$20,000
4.12%
Total Days on Market
3
Current Estimated Value
$1,011,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,504
Avg. Annual Appreciation
10.49%
Original Mortgage
$354,200
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2014
Sold by
Quady John E and Quady Helen C
Bought by
The Quady Trust and Quady Helen C

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
922 Bjf Llc $506,000 Chicago Title Insurance
The Quady Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 922 Bjf Llc $680,000
Closed 922 Bjf Llc $354,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $506,000 +4.1% $203 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $486,000 -- $195 / 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 $10,612 $1,330,473 $323,274 $1,007,199
2023 $10,612 $1,364,266 $331,485 $1,032,781
2022 $8,670 $1,176,112 $285,768 $890,344
2021 $8,506 $933,422 $226,800 $706,622
2020 $7,092 $864,280 $210,000 $654,280
2019 $4,248 $696,512 $158,052 $538,460
2018 $4,278 $418,296 $141,902 $276,394
2017 $3,691 $360,140 $122,170 $237,970
2016 $3,229 $324,768 $109,630 $215,138
2015 $3,166 $295,778 $100,130 $195,648
2014 -- $280,624 $95,000 $185,624
2013 -- $270,760 $89,250 $181,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1117887

Northwest Multiple Listing Service (NWMLS)

APN: 380331-327537-0000