NOT LISTED FOR SALE

Estimated Value: $610,455 - $830,000

2 Beds
1 Bath
1,680 Sq Ft
$412/Sq Ft Est. Value

Last Sold May 07, 2015

Last sale price $255,000 $152 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $4,232/month

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • Bellingham High School Rated A

About This Home

As of May 2015

MF Investor Opportunity. Centrally located view Duplex with upside for additional units.This duplex is located in Lettered streets with Commercial zoning and is in the Old Town Overlay Dist.This zoning does allow for additional units/density and minimal setbacks. Upper unit is freshly painted and has all new flooring. Some bay view. Each existing unit is 2bd, 1ba. Proposed site plan for 3 additions studios or you decide. Good investment opportunity. Currently rented. Please don't disturb tenants

Last Agent to Sell the Property

Charlie Rinker

Windermere Real Estate Whatcom License #8814 Listed on: 03/20/2015

Windermere Real Estate Whatcom

Last Buyer's Agent

David Hovde

Windermere Real Estate Whatcom License #7668

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 759413

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1975

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Supp Town Of Whatcom Condos
  • Lettered Streets Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 14
  • Assessor Parcel Number 380225547408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,438

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Supp Town of Whatcom
  • New Construction: No
  • CalculatedSquareFootage: 1680
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 292

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 21
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 380225547408
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Assessor
  • ZoningClass: Commercial
  • LotNumber: 8

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 1500

Multi Family

  • Gross Scheduled Income: 18000
  • Net Operating Income: 12600
  • Number Of Units Total: 2
  • Leasable Area: 1680
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2438

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
May 4, 2015
Sold by
Campion Andrew F and Campion Sandra
Bought by
Chinook Creek Properties Llc
Seller's Agent
Charlie Rinker
Windermere Real Estate Whatcom
Buyer's Agent
David Hovde
Windermere Real Estate Whatcom
List Price
$339,000
Sold Price
$255,000
Premium/Discount to List
-$84,000
-24.78%
Current Estimated Value
$692,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,864
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Feb 7, 2003
Sold by
Tonjes Kenneth W and Tonjes Nancy L
Bought by
Campion Andrew C and Campion Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.76%
Source: Public Records

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Range of Values:

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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
Chinook Creek Properties Llc $255,000 Chicago Title Insurance
Campion Andrew C $138,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campion Andrew C $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2015 05/07/15 Sold $255,000 -24.8% $152 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $339,000 -- $202 / 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 $4,458 $558,487 $248,613 $309,874
2023 $4,458 $572,672 $254,928 $317,744
2022 $3,639 $493,691 $219,769 $273,922
2021 $3,571 $391,819 $174,420 $217,399
2020 $3,546 $362,795 $161,500 $201,295
2019 $3,175 $348,265 $133,096 $215,169
2018 $3,197 $312,616 $119,496 $193,120
2017 $2,758 $269,153 $102,880 $166,273
2016 $2,413 $242,640 $92,320 $150,320
2015 -- $221,022 $84,320 $136,702
2014 -- $209,698 $80,000 $129,698
2013 -- $212,552 $89,250 $123,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 759413

Northwest Multiple Listing Service (NWMLS)

APN: 380225-547408-0000