Listed by Keller Williams Western Realty, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

1240 Chuckanut Dr Bellingham, WA 98229

Estimated Value: $1,323,000 - $2,013,000

4 Beds
2 Baths
2,496 Sq Ft
$655/Sq Ft Est. Value

Last Sold January 22, 2014

Last sale price $700,000 $280 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $9,659/month

127 Days on Market

About This Home

As of January 2014

Live on or profit from this 8.27 acres, 180 degree bay & island view hindered by old growth timber on property ($$$) Live on the most desirable street in Bellingham & bring your horses to take advantage of miles of biking, hiking & riding trails or turn it into a multi-million dollar estate after updating the existing 2,400+ sqft home & flip it for hugh profit or build the allowable 1,200 sqft ADU and have three rental units.

Last Agent to Sell the Property

Jeannette Legros

Keller Williams Western Realty Listed on: 07/16/2013

Last Buyer's Agent

Tina Grace

Coldwell Banker Bain License #46692

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM517197

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$11,890

Year Built

1956

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 2496
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplaces: 2
  • Basement: Daylight, Partially Finished
  • Features: 2nd Kitchen, 2nd Master BR, Double Pane/Storm Window, Dining Room, Disabled Access, Skylights, Vaulted Ceilings
  • Fireplaces: 2
  • Floor: Bamboo/Cork, Slate, Vinyl, Wall to Wall Carpet

Exterior Features

  • Roof: Torch Down
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Secluded
  • Roof: Torch Down
  • Site Features: Cable TV, Deck, Disabled Access, Green House, High Speed Internet, Outbuildings
  • View: Bay, Ocean
  • Lot Topography: Brush, Equestrian, Garden Space, Partial Slope, Sloped, Wooded

Garage/Parking

  • Parking Type: Carport-Attached, Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Insert
  • Heating: Baseboard, Insert, Hot Water Recirc Pump
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Heating and Cooling: Baseboard, Insert, Hot Water Recirc Pump
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Bellingham
  • Water Source: Public

Condo/Co-op/Association

  • Senior Exemption: Yes

Schools

  • School District: BEL
  • Elementary School: Lowell Elem
  • Middle School: Fairhaven Mid
  • High School: Sehome High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2013
Closed on
Jan 17, 2014
Sold by
Campbell Eva M
Bought by
Sterling Paul and Anderson Kristin L
Seller's Agent
Jeannette Legros
Keller Williams Western Realty
Buyer's Agent
Tina Grace
Coldwell Banker Bain
List Price
$950,000
Sold Price
$700,000
Premium/Discount to List
-$250,000
-26.32%
Current Estimated Value
$1,634,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,930
Avg. Annual Appreciation
7.52%
Original Mortgage
$490,000
Outstanding Balance
$370,065
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,264,865
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
Sterling Paul $700,280 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterling Paul $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2014 01/22/14 Sold $700,000 -9.7% $280 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
11/08/2013 11/08/13 Price Changed $775,000 -13.9% $310 / Sq Ft
09/09/2013 09/09/13 Price Changed $900,000 -5.3% $361 / Sq Ft
07/15/2013 07/15/13 For Sale $950,000 -- $381 / 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 $11,890 $1,417,137 $1,024,741 $392,396
2023 $11,890 $1,417,137 $1,024,741 $392,396
2022 $9,407 $1,026,889 $742,550 $284,339
2021 $8,101 $892,947 $645,696 $247,251
2020 $8,353 $756,735 $547,200 $209,535
2019 $6,889 $756,735 $547,200 $209,535
2018 $7,100 $626,040 $443,997 $182,043
2017 $6,454 $549,647 $389,818 $159,829
2016 $5,488 $520,820 $369,373 $151,447
2015 $4,020 $463,608 $359,491 $104,117
2014 -- $445,592 $345,521 $100,071
2013 -- $439,439 $340,750 $98,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM517197

Northwest Multiple Listing Service (NWMLS)

APN: 370224-519483-0000