NOT LISTED FOR SALE

Estimated Value: $640,000 - $716,000

3 Beds
2 Baths
1,696 Sq Ft
$401/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $455,500 $269 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,217/month

120 Days on Market

About This Home

As of May 2019

Updated duplex with the best cap rate in town! 6%! Each unit is 2 bed 1 bath with laundry and separate entrances. Great location in the York neighborhood, one block from Nelson's Market and just minutes from downtown. Updated paint, carpets, some siding and much more. Downstairs unit is vacant which allows owner occupied financing.

Last Listed By

Rom Hirss

COMPASS License #119812 Listed on: 11/28/2018

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1390031

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1895

Lot Details

  • 4,356

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • 4,356 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • York Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803304890400000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,970

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1895
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1696
  • Special Features: None
  • Cumulative Days on Market: 384

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Block
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 1320

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803304890400000
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2850

Multi Family

  • Gross Scheduled Income: 34200
  • Net Operating Income: 28310
  • Number Of Units Total: 2
  • Electric Expense: 600
  • Insurance Expense: 1000
  • Leasable Area: 1696
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
May 23, 2019
Sold by
Olsen Keith R and Olsen Donna
Bought by
York Daniel C and York Kathryn S
Seller's Agent
Rom Hirss
COMPASS
Buyer's Agent
Glen Whitfield
Rainshine Realty
List Price
$459,999
Sold Price
$455,500
Premium/Discount to List
-$4,499
-0.98%
Total Days on Market
120
Current Estimated Value
$680,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,896
Avg. Annual Appreciation
6.77%
Original Mortgage
$284,000
Interest Rate
4.1%
Mortgage Type
New Conventional

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

Similar Homes in Bellingham, WA

  • 2104 Ellis St, Bellingham, WA 98225

    $689,500

    • 6 Beds
    • 2 Baths
    • 2,272 Sq Ft
    • 2104 Ellis St
    • Bellingham, WA

    A great investment in your future! Solid 2003 Sunnyland Craftsman w/ NEW ROOF in 2023 is a great home that has incredible potential for several ADUs in 2026 per City (Buyer to verify). SIX bedrooms, 2 FULL baths, living room on main plus a family room upstairs. Large country kitchen w/dining area, plenty of storage, big deck and alley leads to off street parking for 5 cars. Appliances, plus

    Carol Cattle Windermere Real Estate Whatcom

    Section Image
  • 2331 Grant St, Bellingham, WA 98225

    $679,000

    • 4 Beds
    • 2 Baths
    • 1,734 Sq Ft
    • 2331 Grant St
    • Bellingham, WA

    Classic Sunnyland Craftsman Home/ Duplex. Located in a quiet neighborhood, this home has 2 bedrooms/1 bath, a large kitchen/ living room and 10ft ceilings on the main level. A separate entrance leads upstairs to a sunny 2 bedroom/1 bath apartment w/ a bright kitchen & living room w/ sliding doors onto a deck. Completely updated wiring, plumbing and vinyl clad windows throughout. Separate meters

    Karen Caemmerer Windermere Real Estate Whatcom

    Section Image
  • 2000 Texas St, Bellingham, WA 98229

    $779,000

    • 5 Beds
    • 3 Baths
    • 2,100 Sq Ft
    • 2000 Texas St
    • Bellingham, WA

    Income producing Triplex in Bellingham! 2- Two bd units & 1- One bd unit. Building is fully rented! All units are ground floor and offer single level living. Property sits on a spacious corner lot, with partially fenced yard, and six dedicated parking spots. 1 bedroom unit was recently updated with bath remodel and new flooring. NEW ROOF installed in May '25. Laundry on site. Convenient central

    Miguel Brionez RE/MAX Whatcom County, Inc.

    Section Image
  • 2823 Pacific St, Bellingham, WA 98226

    $699,000

    • 4 Beds
    • 2 Baths
    • 1,776 Sq Ft
    • 2823 Pacific St
    • Bellingham, WA

    Well-maintained duplex in a prime central location. Each unit is 2 bed / 1 bath, approx. 888 sqft with in-unit washer/dryer. Unit 2821 was fully remodeled in 2015 with updated kitchen, bath & flooring. Unit 2823 is clean, well-kept & tenant-occupied by a respectful long-term renter. Both units offer dedicated storage, off-street & carport parking. The large lot features alley access & a

    Paulina Antczak Windermere Real Estate Whatcom

    Section Image
  • 2119 Donovan Ave, Bellingham, WA 98225

    $745,000

    • 5 Beds
    • 3 Baths
    • 2,288 Sq Ft
    • 2119 Donovan Ave
    • Bellingham, WA

    Introducing to this fantastic single level, Happy Valley duplex! Situated on a huge lot on the Southside of Bellingham. If you are looking for the perfect investment with the potential for additional structures or expansion of the existing, look no further! Featuring 3bd/2ba and 2bd/1ba units, another great option is live in one side and bring in rental income on the other! With amazing trails,

    Julian Friedman Muljat Group

    Section Image

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
York Daniel C $455,500 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open York Daniel C $283,850
Closed York Daniel C $284,000
Previous Owner Olsen Keith R $256,000
Previous Owner Olsen Keith R $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $455,500 -1.0% $269 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/26/2019 03/26/19 Price Changed $459,999 0.0% $271 / Sq Ft
03/26/2019 03/26/19 For Sale $459,999 -1.1% $271 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
02/02/2019 02/02/19 Price Changed $465,000 -2.1% $274 / Sq Ft
11/28/2018 11/28/18 For Sale $475,000 -- $280 / 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 $5,127 $642,425 $261,698 $380,727
2023 $5,127 $658,743 $268,345 $390,398
2022 $4,186 $567,892 $231,336 $336,556
2021 $4,107 $450,708 $183,600 $267,108
2020 $3,820 $417,322 $170,000 $247,322
2019 $3,420 $375,120 $145,574 $229,546
2018 $3,444 $336,723 $130,699 $206,024
2017 $2,970 $289,908 $112,525 $177,383
2016 $2,599 $261,339 $100,975 $160,364
2015 $2,548 $238,061 $92,225 $145,836
2014 -- $225,864 $87,500 $138,364
2013 -- $220,084 $84,000 $136,084
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1390031

Northwest Multiple Listing Service (NWMLS)

APN: 380330-489040-0000