NOT LISTED FOR SALE
-- Bed
-- Bath
3,848 Sq Ft
4,835 Sq Ft Lot

Last Sold September 16, 2019

Last sale price $1,550,000 $403 Per Sq Ft

99 Days on Market

Highlights

  • New Construction
  • City View
  • Corner Lot
  • Bellingham High School Rated A
  • Deck
  • Thermal Windows

About This Home

As of September 2019

Just a little over a year old, this professionally managed, 7 unit apartment building is fully leased, with zero vacancy and enjoys a brand new 8 year real estate tax abatement via the fountain district urban village plan. This turn-key property is just a few blocks from Elizabeth Park and a quick trip to downtown or the waterfront.

Last Agent to Sell the Property

Jason Loeb

Windermere Real Estate Whatcom License #91977 Listed on: 04/24/2019

Windermere Real Estate Whatcom

Last Buyer's Agent

Melissa Schapiro

eXp Realty License #107268

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1445159

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,835 Sq Ft Lot
  • Lot Dimensions are 100x50
  • Corner Lot
  • Property is in very good condition

Home Design

  • Bitumen Roof
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 3,848 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • City Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 55
  • Assessor Parcel Number 3802255384920000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,172

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2019
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 3848
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 389

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers,Thermal Windows

Exterior Features

  • Roof: Torch Down
  • View: City
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Metal/Vinyl
  • Property Condition: Very Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB
  • WaterSewerGarbage: 4061

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 1

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3802255384920000
  • Lot Size Acres: 0.111
  • Lot Size: 100x50
  • Lot Size Sq Ft: 4835
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: See Remarks
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 94272

Multi Family

  • Gross Scheduled Income: 94272
  • Net Operating Income: 78548
  • Number Of Units Total: 7
  • Electric Expense: 71
  • Insurance Expense: 1171
  • Leasable Area: 3333
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3172

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $1,550,000 0.0% $403 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $1,550,000 -- $403 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1445159

Northwest Multiple Listing Service (NWMLS)