Seller's Agent in 2024
Christine Farkas
BHHS Bayside Realty
(360) 603-4751
3 in this area
70 Total Sales
Listed by BHHS Bayside Realty, Bought with Coldwell Banker Bain
1500 23rd St Bellingham, WA 98225
Happy Valley NeighborhoodEstimated Value: $734,000 - $882,000
2
Beds
2
Baths
2,400
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- Deck
- Territorial View
- Baseboard Heating
- Fairhaven Middle School Rated A-
- No HOA
- High Speed Internet
About This Home
As of April 2024Tremendous investment opportunity located in the coveted Happy Valley/Fairhaven area. This well-maintained duplex feels like townhome style living with spacious interiors and oversized bedrooms on a huge treed private quarter acre lot. Ideal for living in one and renting the other. Amenities include private decks, storage sheds, ample parking and shared laundry room. Both units are vacant and previously rented long-term at under market rates. Each unit could demand roughly $2200 rent. Large lot has space for expansion, possible ADUs or more units. Great location with easy access to I-5, Interurban trails, Fairhaven, restaurants, shopping and Western Washington University make this the perfect property to build your investment portfolio.
Last Agent to Sell the Property
BHHS Bayside Realty License #24115 Listed on: 04/04/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2218639
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,577
Year Built
- Built in 1976
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 100x100
- Property is in good condition
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 4 Parking Spaces
- Open Parking
Outdoor Features
- Deck
- Outbuilding
Schools
- Happy Vly Elementary School
- Fairhaven Mid Middle School
- Sehome High School
Utilities
- Baseboard Heating
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Bellingham Condos
- Happy Valley Subdivision
Listing and Financial Details
- Legal Lot and Block 5-8 / 2
- Assessor Parcel Number 3702015290210000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2024
Closed on
Apr 11, 2024
Sold by
Steven And Joan Smith Living Trust and Smith Steven L
Bought by
Schamber Living Trust and Schamber
Seller's Agent
Christine Farkas
BHHS Bayside Realty
Buyer's Agent
Becky Brunk
Coldwell Banker Bain
List Price
$775,000
Sold Price
$777,000
Premium/Discount to List
$2,000
0.26%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,429
Avg. Annual Appreciation
4.05%
Purchase Details
Closed on
Dec 15, 2010
Sold by
Smith Steven L and Gaasland Smith Joan A
Bought by
Smith Steven L and Gaasland Smith Joan A
Purchase Details
Closed on
Oct 2, 2003
Sold by
Colbum Lisa and Colbum Crispen H
Bought by
Gaasland Smith Joan A and Smith Steven L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.22%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 6, 2000
Sold by
Potts Garry A and Potts Larry A
Bought by
Gray Lisa G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,520
Interest Rate
8.63%
Mortgage Type
FHA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schamber Living Trust | $777,000 | Whatcom Land Title | |
| Smith Steven L | -- | None Available | |
| Gaasland Smith Joan A | $199,000 | Chicago Title Insurance | |
| Gray Lisa G | $140,500 | Chicago Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gaasland Smith Joan A | $159,200 | |
| Previous Owner | Gray Lisa G | $139,520 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2024 04/16/24 | Sold | $777,000 | +0.3% | $324 / Sq Ft |
| 04/09/2024 04/09/24 | Pending | -- | -- | -- |
| 04/04/2024 04/04/24 | For Sale | $775,000 | -- | $323 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $6,013 | $746,071 | $422,350 | $323,721 |
| 2023 | $6,013 | $772,745 | $437,450 | $335,295 |
| 2022 | $4,951 | $657,659 | $372,300 | $285,359 |
| 2021 | $4,704 | $530,384 | $300,250 | $230,134 |
| 2020 | $4,622 | $465,246 | $263,375 | $201,871 |
| 2019 | $3,984 | $441,619 | $250,000 | $191,619 |
| 2018 | $4,120 | $381,756 | $190,418 | $191,338 |
| 2017 | $3,634 | $338,861 | $169,020 | $169,841 |
| 2016 | $3,308 | $312,009 | $155,520 | $156,489 |
| 2015 | $3,256 | $295,898 | $147,420 | $148,478 |
| 2014 | -- | $281,801 | $140,400 | $141,401 |
| 2013 | -- | $268,523 | $135,000 | $133,523 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Farkas
-
Michael Farkas
M
Seller Co-Listing Agent in 2024
Michael Farkas
BHHS Bayside Realty
(360) 393-0793
2 in this area
26 Total Sales
-
Becky Brunk
Buyer's Agent in 2024
Becky Brunk
Coldwell Banker Bain
(360) 739-7776
1 in this area
92 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2218639
APN: 370201-529021-0000
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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