NOT LISTED FOR SALE

1412 Liberty St Lynden, WA 98264

-- Bed
-- Bath
-- Sq Ft
4.53 Acres

Last Sold June 29, 2020

Last sale price $8,700,000

102 Days on Market

Highlights

  • Home fronts a creek
  • Wood Flooring
  • Gazebo
  • Deck
  • Corner Lot
  • Thermal Windows

About This Home

As of June 2020

First time on the market in over 20 years! La Villa Apartments is an apartment community with a variety of unit types and a historically strong occupancy rate. The community was built between 1969 and 1983. It has been well maintained by the ownership, whom lived on-site for over
15 years. The 54-unit community has the zoning potential to add up to 74 more units (for a total of 128 units). This multi-family investment has multiple opportunities for rent growth and future opportunity.

Last Agent to Sell the Property

Troy Muljat

Muljat Group License #2199 Listed on: 02/06/2020

Muljat Group

Last Buyer's Agent

Nav Narwal

Coldwell Banker Bain License #128115

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1562333

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,600

Year Built

  • Built in 1975

Lot Details

  • 4.53 Acre Lot
  • Home fronts a creek
  • Street terminates at a dead end
  • Corner Lot
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Tile Roof
  • Bitumen Roof
  • Stucco
  • Wood Composite

Interior Spaces

  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 80 Parking Spaces
  • 6 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Gazebo
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Lynden Subdivision
  • 5-Story Property

Listing and Financial Details

  • Assessor Parcel Number 4003194992470000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,600

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1975
  • Buyer Agency Compensation: 1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 345

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 5
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Flat, Tile, Torch Down
  • Lot Features: Corner Lot, Curbs, Dead End Street
  • View: No
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Exterior Features: Brick, Stucco, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 50
  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking Spaces: 24
  • Open Parking: Yes
  • Total Parking Spaces: 80
  • ParkingUncoveredSpaces: 24

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected, Wood
  • PowerCompany: PSE
  • SewerCompany: City of Lynden
  • WaterCompany: City of Lynden
  • WaterSewerGarbage: 48600

Schools

  • Junior High Dist: Lynden

Lot Info

  • Parcel Number: 4003194992470000
  • Lot Size Acres: 4.53
  • Lot Size Sq Ft: 197327
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 57476

Multi Family

  • Gross Scheduled Income: 689717
  • Net Operating Income: 497397
  • Number Of Units Total: 54
  • Electric Expense: 4590
  • Insurance Expense: 12500
  • Leasable Area: 53040
  • UnitsInBuildingTotal: 54
  • UnitsBelowGrade: true
  • VacancyRate: 2

Tax Info

  • Year: 2019
  • Tax Annual Amount: 31600

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
06/29/2020 06/29/20 Sold $8,700,000 -2.8% --
05/18/2020 05/18/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $8,950,000 +2.9% --
04/07/2020 04/07/20 Off Market $8,700,000 -- --
02/06/2020 02/06/20 For Sale $8,950,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Troy Muljat

    Seller's Agent in 2020

    Troy Muljat

    Muljat Group

    (360) 393-6139

    42 Total Sales

    Troy Muljat
    Section Image
  • Nav Narwal

    Buyer's Agent in 2020

    Nav Narwal

    Coldwell Banker Bain

    (360) 927-6574

    65 Total Sales

    Nav Narwal
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1562333

Northwest Multiple Listing Service (NWMLS)

Washington Whatcom County Lynden 98264

1412 Liberty St, Lynden, WA

This home is located at 1412 Liberty St, Lynden, WA 98264 since 06 February 2020. This property was built in 1975. 1412 Liberty St is a home located in Whatcom County with nearby schools including Lynden High School, Lynden Christian School, and Lynden Christian Schools: Administration.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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