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

1391 Nigel Rd Bellingham, WA 98226

Estimated Value: $969,000 - $1,169,000

3 Beds
1 Bath
-- Sq Ft
1 Acres

Last Sold October 14, 2021

Last sale price $860,000

Est. 21% increase in value since last sale

Current estimated payment $6,217/month

5 Days on Market

Highlights

  • Lake View
  • Deck
  • High Speed Internet
  • Silver Beach Elementary School Rated A-
  • Thermal Windows
  • Property is in very good condition

About This Home

As of October 2021

Remarkably private triplex in the Tweed twenty neighborhood. 2 units are 2 bedroom /2 bath ( 987 sq ft) and one 2 br /1 bath. (836 sq ft) All have washers and dryers, carports, and a storage unit. The upper unit has a lake Whatcom view. The building sits on a huge low-maintenance one-acre lot with abundant nature all around, super private with no other buildings close. Super easy to rent in this mostly single-family neighborhood. An amazing investment property that will pay future dividends with a great location and a well-maintained building.

Last Agent to Sell the Property

Monte Young

Bellwether Real Estate License #2871 Listed on: 09/09/2021

Bellwether Real Estate

Last Buyer's Agent

Travis Fox

Windermere Real Estate Whatcom License #115959

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1835640

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,598

Year Built

  • Built in 1989

Lot Details

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

Property Views

  • Lake
  • Mountain

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Silver Beach Elementary School
  • Whatcom Mid Middle School
  • Squalicum High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Silver Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803221805380000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,598

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1989
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s)
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 4503

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bellingham
  • High School: Squalicum High
  • Middle Or Junior School: Whatcom Mid

Lot Info

  • Parcel Number: 3803221805380000
  • Lot Size Acres: 1
  • Lot Size Sq Ft: 43560
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4390

Multi Family

  • Gross Scheduled Income: 52680
  • Net Operating Income: 36908
  • Number Of Units Total: 3
  • Insurance Expense: 1336
  • Leasable Area: 2775
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5598

MLS Schools

  • Elementary School: Silver Beach Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 7, 2021
Sold by
Traver Dorothy
Bought by
Compari Tyler
Seller's Agent
Monte Young
Bellwether Real Estate
Buyer's Agent
Travis Fox
Windermere Real Estate Whatcom
List Price
$795,000
Sold Price
$860,000
Premium/Discount to List
$65,000
8.18%
Current Estimated Value
$1,041,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,502
Avg. Annual Appreciation
3.93%
Original Mortgage
$635,000
Interest Rate
3.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2020
Sold by
Fred Gottschalk John
Bought by
Gottschalk Melva C and Haug Melva Elizabeth

Purchase Details

Closed on
Nov 10, 2000
Sold by
Terranova Charles A
Bought by
Traver Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.82%
Mortgage Type
Commercial
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
Compari Tyler $860,000 Chicago Title Bellingham
Gottschalk Melva C -- --
Traver Dorothy $214,887 Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Traver Dorothy $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $860,000 +8.2% --
09/14/2021 09/14/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $795,000 -- --
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 $8,334 $914,705 $356,400 $558,305
2023 $8,334 $954,935 $372,075 $582,860
2022 $6,669 $776,370 $302,500 $473,870
2021 $5,746 $641,628 $250,000 $391,628
2020 $5,467 $515,910 $249,232 $266,678
2019 $4,735 $482,102 $233,040 $249,062
2018 $4,909 $432,422 $209,040 $223,382
2017 $4,276 $382,610 $184,960 $197,650
2016 $3,948 $347,823 $168,320 $179,503
2015 $3,989 $331,200 $160,000 $171,200
2014 -- $325,417 $154,800 $170,617
2013 -- $312,454 $150,000 $162,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1835640

Northwest Multiple Listing Service (NWMLS)

APN: 380322-180538-0000