NOT LISTED FOR SALE

1351 Olympic Way Bellingham, WA 98225

Estimated Value: $938,000 - $1,631,000

3 Beds
3 Baths
1,826 Sq Ft
$725/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $1,435,000 $786 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $8,303/month

14 Days on Market

Highlights

  • Ocean View
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Squalicum High School Rated A-
  • Fruit Trees
  • 1 Fireplace

About This Home

As of August 2021

What you have been waiting for... your own oasis on waterfront, minus railroad tracks. Breathtaking views of bay, city, and mountains. Beach comb for hours on the tidelands. Welcoming covered porch leads to a kitchen that is reminiscent of an Italian villa w/6 burner gas stove, wine, & beverage fridge, double ovens, an amazing set-up for a gourmet chef. Home was taken down to the studs in 2013 yet still retains its early 1900's charm. Craftsmanship is meticulous w/coffered ceilings, crown moulding, travertine fireplace, extraordinary staircase, air conditioning. Main floor is handicapped accessible. Exquisite gardens in front & back afford a feeling of privacy w/abundance of fruit trees & berries. Stairs to beach in process of completion.

Last Agent to Sell the Property

Lorraine Hoving

Windermere Real Estate Whatcom License #72782 Listed on: 07/02/2021

Windermere Real Estate Whatcom

Last Buyer's Agent

Melissa Schapiro

eXp Realty License #107268

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1798487

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,839

Year Built

  • Built in 1922

Lot Details

  • Property Fronts a Bay or Harbor
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • Detached Garage

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • City
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tideland Water Rights
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet

Community Details

  • Marietta Community

Listing and Financial Details

  • Assessor Parcel Number 3802164611130000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,839

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Dbl Pane/Storm Windw, Dining Room, French Doors
  • Floor Covering: Hardwood, Wall To Wall Carpet, R
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1826
  • Square Footage Finished: 1826

Exterior Features

  • Exterior: Cement/Concrete, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, City, Mountain, Ocean, Sound, Territorial
  • Waterfront: Bank-Medium, Bay, Sound, Tideland Rights

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, High Efficiency (Unspecified)
  • Sewer: Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Marietta

Schools

  • School District: BEL

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 21344
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 3802164611130000
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 8400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 20, 2021
Sold by
May F Thomas
Bought by
May Rachel H
Seller's Agent
Lorraine Hoving
Windermere Real Estate Whatcom
Buyer's Agent
Melissa Schapiro
eXp Realty
List Price
$1,350,000
Sold Price
$1,435,000
Premium/Discount to List
$85,000
6.3%
Total Days on Market
14
Current Estimated Value
$1,323,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,595
Avg. Annual Appreciation
-2.83%
Original Mortgage
$850,000
Outstanding Balance
$781,818
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$505,858

Purchase Details

Closed on
Apr 7, 2020
Sold by
Ya-Liang Peng Maria and Chin-Hsien James
Bought by
Schoenbein Edward Carl and Schoenbein Heidi Anne

Purchase Details

Closed on
Jul 20, 2017
Sold by
Carlson Jacqueline I
Bought by
Carlson Jacqueline I and Carlson James E

Purchase Details

Closed on
Nov 12, 2008
Sold by
Carlson James E and Carlson Jacqualine I
Bought by
Carlson Jacqualine I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2007
Sold by
Byron Edna Muriel
Bought by
Byron E Muriel and Carlson Jacqualine I
Source: Public Records

Similar Homes in Bellingham, WA

  • 2911 Alderwood Ave, Bellingham, WA 98225

    $1,150,000

    • 3 Beds
    • 2 Baths
    • 1,104 Sq Ft
    • 2911 Alderwood Ave
    • Bellingham, WA

    Two potential lots. Prime Development Opportunity. Commercially zoned with multi-family designation and located within a parking moratorium area, this property offers strong development potential. Preliminary concepts suggest the opportunity to build 24± multi-family units at the rear of the site. The front (proposed Lot 1) is ideal for a mixed-use building with commercial space on the ground

    Chris Erdmann eXp Commercial, LLC

    Section Image
  • 3884 Fort Bellingham Rd, Bellingham, WA 98225

    $1,079,000

    • 5 Beds
    • 2.5 Baths
    • 3,260 Sq Ft
    • 3884 Fort Bellingham Rd
    • Bellingham, WA

    Opportunity knocks! This sunny Bellingham home has it all... 5 bedrooms, custom designed kitchen/addition, stunning mountain & island views, all on a large shy 1 acre lot. Upstairs is dedicated to the primary living suite: everchanging south-facing views, office & ensuite. A true sanctuary. Downstairs features an open & inviting kitchen and family room designed by local architect Sid Nesbit, 4

    Jason Lee Windermere Real Estate Whatcom

    Section Image
  • 3848 Marine Way, Bellingham, WA 98225

    $1,185,000

    • 4 Beds
    • 2.5 Baths
    • 2,742 Sq Ft
    • 3848 Marine Way
    • Bellingham, WA

    Experience privacy & luxury on this stunning 1-acre property with resident eagles and blue herons. This brand-new 4-bed, 2.5-bath, 2,742 sq. ft. home features a dreamy kitchen with a double fridge, soft-close cabinets, a large quartz breakfast bar, and an undermount kitchen sink. The spacious living room boasts a luxury stacked stone fireplace. Main floor living with office and primary suite with

    Laurie Satushek Keller Williams Western Realty

    Section Image
  • 3161 Locust Ave, Bellingham, WA 98225

    $1,495,000

    • 3 Beds
    • 2 Baths
    • 3,248 Sq Ft
    • 3161 Locust Ave
    • Bellingham, WA

    THE Locust Beach House—an iconic coastal sanctuary fully reimagined from its core. Perched above the bay with 150’ of tidelands, this acre+ retreat offers jaw-dropping views and total privacy that makes you feel like the only house on earth. Everything’s new: stylish open kitchen, expansive deck, fresh layout, fully fenced and professionally landscaped grounds. Downstairs is kitchen-ready—perfect

    Nathan Butcher John L. Scott Bellingham

    Section Image
  • 1699 Skagit St, Bellingham, WA 98226

    $1,399,000

    • 4 Beds
    • 4 Baths
    • 3,789 Sq Ft
    • 1699 Skagit St
    • Bellingham, WA

    Truly two homes in one! This stunning modern farmhouse by Highline Construction offers exceptional design, energy efficiency, and versatility—perfect for multigenerational living or dual households. With two full kitchens, two spacious primary suites, and thoughtfully separate living spaces, there’s room for everyone. The main kitchen opens to a wraparound porch and covered outdoor cooking area,

    Leah Crews Windermere Real Estate Whatcom

    Section Image
  • 1416 Marietta Ave, Bellingham, WA 98226

    $997,500

    • 4 Beds
    • 3 Baths
    • 3,200 Sq Ft
    • 1416 Marietta Ave
    • Bellingham, WA

    Mini farm + True Log home perched above a beautiful park setting at the end of a long paved driveway on shy 5 acres! Over 40 fruit trees, raised garden beds, greenhouse, large fenced area, chicken run & a bounty of hardwood maple trees = syrup & firewood! New 50 year roof, huge trex deck for entertaining, trails and privacy! The log home itself is a masterpiece with gorgeous archways, spiral

    Jennifer Glyzinski Keller Williams Western Realty

    Section Image
  • 4449 Northwest Dr, Bellingham, WA 98226

    $975,000

    • 3 Beds
    • 2 Baths
    • 1,892 Sq Ft
    • 4449 Northwest Dr
    • Bellingham, WA

    Secluded mid-century modern retreat on 1.3 beautifully landscaped waterfront acres. This thoughtfully renovated, single-story home offers 3 bedrooms + den, nearly 1,900 sqft of stylish living space with warm wood flooring, a sleek kitchen featuring quartz countertops, a chic tile backsplash, and high-end stainless steel appliances. The serene primary suite boasts a stunning tiled shower, soaking

    Julian Friedman Muljat Group

    Section Image
  • 5010 Northwest Dr, Bellingham, WA 98226

    $1,070,000

    • 3 Beds
    • 3.5 Baths
    • 3,500 Sq Ft
    • 5010 Northwest Dr
    • Bellingham, WA

    A piece of country right in town. Nestled on a generous 1-acre lot this home boasts 3500 sq ft with two primary suites, one upstairs and one downstairs. Attention to detail shows this home with hardwood flooring throughout the entire house, heated flooring in primary bathrooms, upgraded stair railings, rock faced gas fireplace, white cabinetry and granite countertops in the kitchen and

    Becki Murphy Roma Management LLC

    Section Image
  • 2416 Broadway, Bellingham, WA 98225

    $995,000

    • 4 Beds
    • 2 Baths
    • 1,944 Sq Ft
    • 2416 Broadway
    • Bellingham, WA

    Exuding classic charm + infused w/ modern updates, this gorgeous turn-of-the-century colonial home is practically *in* Broadway Park. Main floor feat open layout w/ large living + dining rooms, lovely primary bedroom, 3/4 bath, + sunny kitchen-- all flowing easily into one another. Upstairs you'll find a spacious primary bedroom, full bath, + 2 guest beds, one of which sees Mt Baker over the

    Jacson Bevens Windermere Real Estate Whatcom

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
May Rachel H -- Chicago Title Bellingham
May Rachel H $1,435,000 Chicago Title Bellingham
Schoenbein Edward Carl $1,869,000 Whatcom Land Title
Carlson Jacqueline I -- None Available
Carlson Jacqualine I -- Whatcom Land Title
Byron E Muriel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Rachel H $850,000
Previous Owner Carlson Jacqualine I $237,000
Previous Owner Byron E Muriel $237,404
Previous Owner Carlson Jacqualine I $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $1,435,000 +6.3% $786 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $1,350,000 -- $739 / 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 $10,839 $1,021,035 $603,599 $417,436
2023 $10,839 $1,249,514 $630,146 $619,368
2022 $9,102 $1,015,865 $512,314 $503,551
2021 $8,400 $839,558 $423,400 $416,158
2020 $7,847 $728,829 $456,982 $271,847
2019 $7,005 $681,465 $427,286 $254,179
2018 $415 $611,982 $383,786 $228,196
2017 $432 $541,648 $339,590 $202,058
2016 $430 $491,330 $307,980 $183,350
2015 $444 $463,217 $290,000 $173,217
2014 -- $411,733 $274,050 $137,683
2013 -- $390,484 $261,000 $129,484
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1798487

Northwest Multiple Listing Service (NWMLS)

APN: 380216-461113-0000