NOT LISTED FOR SALE

Estimated Value: $1,031,898

-- Bed
4 Baths
1,890 Sq Ft
$546/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $435,000 $230 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,859/month

191 Days on Market

Highlights

  • Corner Lot
  • Thermal Windows
  • Central Air
  • Bellingham High School Rated A
  • Ceramic Tile Flooring
  • High Speed Internet

About This Home

As of June 2015

Fountain District Commercial building great signage & exposure, 2 apartments on second floor. Close to downtown. Off street parking plus overflow parking on a vacant lot across the street. Reception area, conference room, separate offices and bull pen. Central air conditioning. Multiple fax & phone lines with High Speed internet. Perfect owner user building with income from apts upstairs. 1/1 $750 2/1.5 $950 Covered parking & storage units. Security System. 2 bedroom unit completely remodeled.

Last Agent to Sell the Property

Bruce Lockhart

Keller Williams Western Realty License #36443 Listed on: 10/06/2014

Keller Williams Western Realty

Last Buyer's Agent

Brett Nichols

Hammer Properties NW Inc. License #26069

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 703951

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,182

Year Built

  • Built in 1975

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 5x100
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • High Speed Internet
  • Cable TV Available

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 184
  • Assessor Parcel Number 3803300225530000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,182

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Accessibility Features: Other
  • Year Built: 1975
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1890
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 482

Interior Features

  • Possible Use: Commercial, Multi-Family, Office
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Central A/C, Ductless HP-Mini Split, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecuritySystem
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB
  • WaterSewerGarbage: 280

Fee Information

  • Annual Fuel Expense: 15

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803300225530000
  • Lot Size Acres: 0.1148
  • Lot Size: 5x100
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Disabled Access,Gas Available,High Speed Internet
  • MLSLotSizeSource: realist
  • ZoningClass: Commercial,Multi-Family,Office
  • LotNumber: 8

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1700

Tax Info

  • Year: 2013
  • Tax Annual Amount: 4182

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 300
  • Insurance Expense: 850
  • Leasable Area: 3105
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
Jun 18, 2015
Sold by
Girard Llc
Bought by
Dsr Jr Llc
Seller's Agent
Bruce Lockhart
Keller Williams Western Realty
Buyer's Agent
Brett Nichols
Hammer Properties NW Inc.
List Price
$489,000
Sold Price
$435,000
Premium/Discount to List
-$54,000
-11.04%
Current Estimated Value
$1,031,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,898
Avg. Annual Appreciation
8.97%
Original Mortgage
$300,000
Interest Rate
3.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2007
Sold by
Lund George A
Bought by
Girard Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,406
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2001
Sold by
Chan Raymond Chi Bun and Chan Cheng Lan
Bought by
Lund George A
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
Dsr Jr Llc $435,000 Whatcom Land Title
Girard Llc $455,280 Whatcom Land Title
Lund George A $222,000 Whatcom Land Title
Chan Raymond Chi Bun -- Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dsr Jr Llc $1,184,000
Closed Dsr Jr Llc $125,000
Closed Dsr Jr Llc $300,000
Previous Owner Girard Llc $388,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $435,000 -11.0% $230 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
10/07/2014 10/07/14 For Sale $489,000 -- $259 / 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 $4,592 $590,003 $221,445 $368,558
2023 $4,592 $590,003 $221,445 $368,558
2022 $4,331 $531,534 $199,500 $332,034
2021 $4,589 $466,258 $175,000 $291,258
2020 $4,258 $466,258 $175,000 $291,258
2019 $3,944 $418,128 $140,500 $277,628
2018 $4,549 $388,368 $130,500 $257,868
2017 $4,352 $382,937 $128,675 $254,262
2016 $4,181 $382,937 $128,675 $254,262
2015 -- $382,937 $128,675 $254,262
2014 -- $372,000 $125,000 $247,000
2013 -- $364,560 $122,500 $242,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 703951

Northwest Multiple Listing Service (NWMLS)

APN: 380330-022553-0000