NOT LISTED FOR SALE

1246 Island Dr Lummi Island, WA 98262

Estimated Value: $388,000 - $523,000

2 Beds
1 Bath
744 Sq Ft
$595/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $205,000 $276 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,703/month

46 Days on Market

Highlights

  • Views of a Sound
  • Clubhouse
  • 1 Fireplace
  • Community Boat Launch
  • Deck
  • Corner Lot

About This Home

As of October 2017

Your charming waterfront bungalow on beautiful Lummi Island awaits! Located in scenic estates just a block away from the community club house, boat launch, private beach and marina. Perfect for a first time home buyer or weekend get away just outside of Bellingham. Views of the surrounding foothills, Bellingham Bay and Portage Island. Sit on the sprawling deck and enjoy your morning coffee while taking in the sunrise.

Last Listed By

Sandi Qualls

RE/MAX Whatcom County, Inc. License #50730 Listed on: 07/28/2017

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1169984

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,974

Year Built

  • Built in 1960

Lot Details

  • Property fronts a saltwater canal
  • Brush Vegetation
  • Corner Lot
  • Level Lot
  • Property is zoned RF

Parking

  • Off-Street Parking

Property Views

  • Views of a Sound
  • Bay
  • Strait Views
  • Mountain

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Deck
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 3701234945040000

Community Details

Overview

  • Lummi Island Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,974

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 744
  • Square Footage Finished: 744

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Block
  • Roof: Composition
  • View: Bay, Mountain, Sound, Strait
  • Waterfront: Bank-High, Saltwater, Strait
  • Waterfront Frontage: 65ft

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air, Stove/Free Standing
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: LISE
  • Water Company: LISE
  • Water Heater: Mudroom-Eleectric
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Lummi Island
  • Project: Lummi Island Se Estate Div 1
  • Community Features: Boat Launch, Ccrs, Clubhouse, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Beach Elem
  • Middle School: Vista Mid
  • High School: Ferndale High
  • School District: FRN

Lot Info

  • Lot Number: 2
  • Lot Details: Corner Lot, Paved Street
  • Lot Sq Ft: 22123
  • Lot Topography Vegetation: Brush, Level, Sloped, Steep Slope
  • Parcel Number: 3701234945040000
  • Zoning Code: RF
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Level, Sloped, Steep Slope

Tax Info

  • Tax Amount: 1753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Oct 10, 2017
Sold by
Steinert Daniel A and Nagy Steinert Regina E
Bought by
Smith Scott A
Seller's Agent
Sandi Qualls
RE/MAX Whatcom County, Inc.
Buyer's Agent
Colleen McCrory
Lummi Island Realty LLC
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%
Total Days on Market
46
Current Estimated Value
$442,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,739
Avg. Annual Appreciation
10.53%
Original Mortgage
$164,000
Outstanding Balance
$138,805
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$298,068

Purchase Details

Closed on
Oct 13, 2011
Sold by
Cole M Ulrichs Revocable Living Trust
Bought by
Steinert Daniel A and Nagy Steinert Regina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2010
Sold by
Ulrichs Cole M
Bought by
Ulrichs Cole M

Purchase Details

Closed on
Apr 19, 1999
Sold by
Arneson Stella M and Arneson Woodrow W
Bought by
Ulrichs Cole

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
Smith Scott A $205,000 Whatcom Land Title Co Inc
Steinert Daniel A $137,280 Whatcom Land Title
Ulrichs Cole M -- None Available
Ulrichs Cole -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Scott A $164,000
Previous Owner Steinert Daniel A $109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2017 10/24/17 Sold $205,000 -2.4% $276 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
08/25/2017 08/25/17 Price Changed $210,000 -4.5% $282 / Sq Ft
08/03/2017 08/03/17 For Sale $220,000 -- $296 / 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 $2,974 $404,478 $256,482 $147,996
2023 $2,974 $389,752 $247,144 $142,608
2022 $2,623 $326,160 $206,820 $119,340
2021 $2,254 $263,035 $166,792 $96,243
2020 $2,250 $215,595 $136,710 $78,885
2019 $1,710 $195,551 $124,000 $71,551
2018 $1,870 $170,820 $126,126 $44,694
2017 $1,753 $143,325 $105,833 $37,492
2016 $1,724 $141,090 $104,195 $36,895
2015 $1,598 $137,082 $101,465 $35,617
2014 -- $125,390 $92,820 $32,570
2013 -- $122,408 $91,000 $31,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1169984

Northwest Multiple Listing Service (NWMLS)

APN: 370123-494504-0000