NOT LISTED FOR SALE

1302 Pearl Loop Unit A & B Lynden, WA 98264

Estimated Value: $786,785 - $1,147,000

3 Beds
2 Baths
3,479 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $490,000 $141 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,775/month

31 Days on Market

Highlights

  • Territorial View
  • Patio
  • Partially Fenced Property
  • Thermal Windows
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of August 2016

Very nice high end duplex in Lynden. Large over 1700 square foot units with granite counter tops and stainless steel appliances. 3 bedroom with a den that could be a 4th bedroom. In a very nice neighborhood. Live in one side and rent the other out for a great investment.

Last Listed By

Lester Van Mersbergen

Windermere Real Estate Whatcom License #15907 Listed on: 06/22/2016

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 965130

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,866

Year Built

  • Built in 2012

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 3,479 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Lynden Mid Middle School
  • Lynden High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • 2Nd Woodfield Village Div 5 Condos
  • Lynden Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 4003173081940000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,866

Year Built

Built in 2012

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2012
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: 2nd Woodfield Village div 5
  • New Construction: No
  • CalculatedSquareFootage: 3479
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 278

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Stone
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Lynden
  • WaterCompany: City of Lynden
  • WaterSewerGarbage: 2520

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Lynden
  • High School: Lynden High
  • Middle Or Junior School: Lynden Mid

Lot Info

  • Parcel Number: 4003173081940000
  • Lot Size Acres: 0.22
  • Lot Size: irregular
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2750

Multi Family

  • Gross Scheduled Income: 33000
  • Net Operating Income: 24231
  • Number Of Units Total: 2
  • Insurance Expense: 870
  • Leasable Area: 3479
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3866

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 15, 2016
Sold by
Duke Development Corporation
Bought by
Martson Marvin F and Martson Dorothy Jean
Seller's Agent
Lester Van Mersbergen
Windermere Real Estate Whatcom
Buyer's Agent
Jonathan Pook
Coldwell Banker Danforth
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Total Days on Market
31
Current Estimated Value
$957,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,196
Avg. Annual Appreciation
7.17%

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
Martson Marvin F $490,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duke Development Corporation $279,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $490,000 -2.0% $141 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $499,900 -- $144 / 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 $5,318 $752,762 $242,500 $510,262
2023 $5,318 $740,637 $250,000 $490,637
2022 $5,705 $749,310 $162,459 $586,851
2021 $5,595 $619,257 $134,262 $484,995
2020 $4,900 $552,923 $119,880 $433,043
2019 $4,360 $507,026 $110,070 $396,956
2018 $4,765 $462,471 $100,269 $362,202
2017 $4,112 $415,107 $90,000 $325,107
2016 $3,867 $380,971 $77,000 $303,971
2015 $3,427 $356,348 $74,060 $282,288
2014 -- $344,282 $71,540 $272,742
2013 -- $342,742 $70,000 $272,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 965130

Northwest Multiple Listing Service (NWMLS)

APN: 400317-308194-0000