Listed by Den Finder, Bought with Windermere Real Estate Whatcom
NOT LISTED FOR SALE

1294 Lowe Ave Bellingham, WA 98229

Estimated Value: $1,044,000 - $1,264,000

-- Bed
-- Bath
2,774 Sq Ft
$419/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $1,050,000 $379 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,783/month

16 Days on Market

Highlights

  • 1 Acre Lot
  • No HOA
  • Wood Siding
  • Kulshan Middle School Rated A-
  • Property is in very good condition
  • Wall to Wall Carpet

About This Home

As of August 2022

Unicorn Tri-Plex in Geneva with Galbraith around the corner. Surrounded by residential homes and a dead end street this is truly a one of kind property! Originally built with an "owners unit" in mind. Great investment. Massive One Acre lot.....feels like a park with old cedars and mature landscapes. Friendly owner contract terms with 20% down!

Last Agent to Sell the Property

Josh Baijot

Den Finder License #11495 Listed on: 07/06/2022

Den Finder

Co-Listed By

Jolene Baijot

Den Finder License #26698

Last Buyer's Agent

Jacson Bevens

Windermere Real Estate Whatcom License #127233

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1964149

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1987

Lot Details

  • 1 Acre Lot
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,774 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Geneva Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803342144240000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,156

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1987
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2774
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 5112

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803342144240000
  • Lot Size Acres: 1
  • Lot Size Sq Ft: 43560
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Taxes
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17.8
  • LeasedItems: None
  • TotalMonthlyIncome: 4900

Multi Family

  • Gross Scheduled Income: 58800
  • Net Operating Income: 46320
  • Number Of Units Total: 3
  • Insurance Expense: 1212
  • Leasable Area: 2774
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2023
Sold by
Loudon Jessa
Bought by
1294 Lowe Ave Llc
Current Estimated Value
$1,161,294

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 3, 2022
Sold by
Allen Shankman Roy
Bought by
Loudon Jessa and Weisenbloom Kevin
Seller's Agent
Josh Baijot
Den Finder
Buyer's Agent
Jacson Bevens
Windermere Real Estate Whatcom
List Price
$1,050,000
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$870,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2016
Sold by
Shankman Roy Allen
Bought by
The Whatcom Community Foundation

Purchase Details

Closed on
Jan 9, 2015
Sold by
Shankman Leslie P
Bought by
Shankman Roy Allen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1294 Lowe Ave Llc -- None Listed On Document
Loudon Jessa -- Whatcom Land Title
The Whatcom Community Foundation -- None Available
Shankman Roy Allen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loudon Jessa $870,000
Previous Owner Shankman Roy A $172,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $1,050,000 0.0% $379 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $1,050,000 -- $379 / 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 $7,812 $892,479 $437,443 $455,036
2023 $7,812 $915,201 $448,580 $466,621
2022 $6,542 $775,609 $380,160 $395,449
2021 $6,157 $605,945 $297,000 $308,945
2020 $6,122 $561,060 $275,000 $286,060
2019 $5,693 $547,534 $281,200 $266,334
2018 $5,755 $517,181 $265,734 $251,447
2017 $5,024 $445,327 $228,380 $216,947
2016 $4,474 $405,216 $207,670 $197,546
2014 -- $366,380 $190,000 $176,380
2013 -- $353,568 $177,000 $176,568
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Josh Baijot

    Den Finder

    (360) 223-4501

    3 in this area

    54 Total Sales

    Josh Baijot
    Section Image
  • Jolene Baijot

    Seller Co-Listing Agent in 2022

    Jolene Baijot

    Den Finder

    (360) 820-4501

    1 in this area

    23 Total Sales

    Jolene Baijot
    Section Image
  • Jacson Bevens

    Buyer's Agent in 2022

    Jacson Bevens

    Windermere Real Estate Whatcom

    (360) 223-6263

    5 in this area

    135 Total Sales

    Jacson Bevens
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1964149

Northwest Multiple Listing Service (NWMLS)

APN: 380334-214424-0000

Washington Whatcom County Bellingham 98229

1294 Lowe Ave, Bellingham, WA

This home is located at 1294 Lowe Ave, Bellingham, WA 98229 since 06 July 2022 and is currently estimated at $1,161,294, approximately $418 per square foot. This property was built in 1987. 1294 Lowe Ave is a home located in Whatcom County with nearby schools including Carl Cozier Elementary School, Kulshan Middle School, and Sehome High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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