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

1440 Boon St Sumas, WA 98295

Estimated Value: $544,725 - $666,000

4 Beds
2 Baths
2,085 Sq Ft
$290/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $377,000 $181 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,682/month

15 Days on Market

Highlights

  • Territorial View
  • Mini Split Air Conditioners
  • 1-Story Property
  • Property is in very good condition
  • Wall to Wall Carpet

About This Home

As of February 2019

Fantastic 2 bed 1 bath duplex now available! Great opportunity for first time home buyers and investors alike! Nearly brand new and in excellent condition these units will rent easily. Good sized size lot makes for a nice yard, each unit has a one car garage. Ductless MiniSplit make for very efficient heating and air conditioning, great neighborhood & location! Each unit has its own address, 1440 & 1446. With both sides rented it would be a true 5.4% cap. Call LA with any questions!

Last Agent to Sell the Property

Tony Hoefakker

COMPASS License #119820 Listed on: 01/09/2019

COMPASS

Last Buyer's Agent

Loren Van Corbach

Windermere Real Estate Whatcom License #105445

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1398732

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 2015

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 172x30x175x85x39x24
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,085 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Sumas Elementary School

Utilities

  • Mini Split Air Conditioners

Community Details

  • Sumas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4004020664840000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,330

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2015
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2085
  • Special Features: None
  • Cumulative Days on Market: 348

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: City of Sumas
  • SewerCompany: City of Sumas
  • WaterCompany: City of Sumas
  • WaterSewerGarbage: 1416

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Nooksack Valley
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 4004020664840000
  • Lot Size Acres: 0.31
  • Lot Size: 172x30x175x85x39x24
  • Lot Size Sq Ft: 13504
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 1100

Multi Family

  • Gross Scheduled Income: 26400
  • Net Operating Income: 20421
  • Number Of Units Total: 2
  • Electric Expense: 696
  • Insurance Expense: 537
  • Leasable Area: 2085
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3330

MLS Schools

  • Elementary School: Sumas Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Feb 15, 2019
Sold by
Heystek Darren
Bought by
Bareman James and Bareman Stephanie
Seller's Agent
Tony Hoefakker
COMPASS
Buyer's Agent
Loren Van Corbach
Windermere Real Estate Whatcom
List Price
$379,000
Sold Price
$377,000
Premium/Discount to List
-$2,000
-0.53%
Current Estimated Value
$597,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,929
Avg. Annual Appreciation
6.25%
Original Mortgage
$305,000
Outstanding Balance
$270,838
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$286,136

Purchase Details

Closed on
May 28, 2015
Sold by
Livin Rock L and Livin Sue Ann Heutink Revocable
Bought by
Heystek Darren

Purchase Details

Closed on
Mar 8, 2013
Sold by
Jim Takisaki Inc
Bought by
Livi Rocky L and Livi Sue Ann Heutink Revocable
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
Bareman James $377,000 Chicago Title Insurance
Heystek Darren $25,500 First American Title Ins
Livi Rocky L $227,780 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bareman James $305,000
Previous Owner Haystek Darren $81,000
Previous Owner Heystek Darren J $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $377,000 -0.5% $181 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $379,000 -- $182 / 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 $4,560 $434,651 $142,025 $292,626
2023 $4,560 $488,011 $154,962 $333,049
2022 $4,041 $439,658 $139,608 $300,050
2021 $3,836 $363,359 $115,380 $247,979
2020 $3,673 $295,420 $93,807 $201,613
2019 $3,094 $295,420 $93,807 $201,613
2018 $3,331 $283,431 $90,000 $193,431
2017 $2,957 $231,159 $40,600 $190,559
2016 $501 $213,326 $37,450 $175,876
2015 $369 $36,120 $36,120 $0
2014 -- $28,700 $28,700 $0
2013 -- $31,150 $31,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1398732

Northwest Multiple Listing Service (NWMLS)

APN: 400402-066484-0000