NOT LISTED FOR SALE

Estimated Value: $1,122,000 - $1,406,000

1 Bed
5 Baths
-- Sq Ft
5,000 Sq Ft Lot

Last Sold June 28, 2013

Last sale price $471,700

Est. 166% increase in value since last sale

Current estimated payment $7,626/month

195 Days on Market

Highlights

  • Bay View
  • Deck
  • Thermal Windows
  • Bellingham High School Rated A
  • Corner Lot
  • High Speed Internet

About This Home

As of June 2013

Attractive 4 unit complex, very good condition, high demand location, close to downtown & waterfront. Urban parks, trails bistros & theatre nearby. Covered garage parking for 6 cars w/locking storage. Open floor plans, vaulted ceilings in upper units, all units have laundry & deck. All units in good condition, never vacant. Partial bay view from unit 201.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,373

Year Built

  • Built in 1993

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 51' x 100'
  • Corner Lot
  • Property is in very good condition

Property Views

  • Bay
  • City
  • Territorial
  • Limited

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces

Outdoor Features

  • Deck

Schools

  • Parkview Elementary School
  • Whatcom Mid Middle School
  • Bellingham High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Town Of Whatcom Condos
  • Lettered Streets Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 49
  • Assessor Parcel Number 53376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,373

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1993
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Town of Whatcom
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 438

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay, City, Partial, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking: No
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 2208

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellingham
  • High School: Bellingham High
  • Middle Or Junior School: Whatcom Mid

Lot Info

  • Parcel Number: 53376
  • Lot Size Acres: 0.1148
  • Lot Size: 51' x 100'
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2865

Multi Family

  • Gross Scheduled Income: 34380
  • Net Operating Income: 24182
  • Number Of Units Total: 4
  • Electric Expense: 336
  • Insurance Expense: 1200
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3373

MLS Schools

  • Elementary School: Parkview Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2012
Closed on
Jun 25, 2013
Sold by
Three Cedars Llc
Bought by
Van Wingerden Jay S and Van Wingerden Christina P
List Price
$525,000
Sold Price
$471,700
Premium/Discount to List
-$53,300
-10.15%
Total Days on Market
195
Current Estimated Value
$1,256,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,226
Avg. Annual Appreciation
8.33%
Original Mortgage
$286,020
Outstanding Balance
$207,474
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$1,010,857

Purchase Details

Closed on
Dec 21, 2005
Sold by
Wickstrand Charles P
Bought by
Three Cedars Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2005
Sold by
Wickstrand Christine Fahselt
Bought by
Wickstrand Charles P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2004
Sold by
Wickstrand Christine Fahselt
Bought by
Wickstrand Charles P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,250
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2002
Sold by
Pattison Mark L and Parent Pattison Renee
Bought by
Mazur Robin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
6.17%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Van Wingerden Jay S $471,980 Chicago Title Insurance
Three Cedars Llc -- None Available
Wickstrand Charles P -- Chicago Title Insurance
Wickstrand Charles P -- Chicago Title Insurance
Wickstrand Charles P $459,000 Chicago Title Insurance
Mazur Robin E $273,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Van Wingerden Jay S $286,020
Previous Owner Wickstrand Charles P $410,000
Previous Owner Wickstrand Charles P $344,250
Previous Owner Mazur Robin E $218,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $471,700 -10.2% --
05/01/2013 05/01/13 Pending -- -- --
10/17/2012 10/17/12 For Sale $525,000 -- --
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 $7,885 $988,356 $261,698 $726,658
2023 $7,885 $1,013,460 $268,345 $745,115
2022 $6,441 $873,688 $231,336 $642,352
2021 $6,319 $693,403 $183,600 $509,803
2020 $6,305 $642,040 $170,000 $472,040
2019 $5,644 $619,161 $166,370 $452,791
2018 $5,684 $555,763 $149,370 $406,393
2017 $4,907 $478,496 $128,600 $349,896
2016 $4,291 $431,726 $115,400 $316,326
2015 $4,208 $393,068 $105,400 $287,668
2014 -- $372,930 $100,000 $272,930
2013 -- $350,646 $89,250 $261,396
Source: Public Records

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 415838

Northwest Multiple Listing Service (NWMLS)

APN: 380225-526447-0000