Seller's Agent in 2021
Brian Finnegan
WestCom Properties Inc.
(808) 629-9867
1 in this area
8 Total Sales
1504 Alabama St Bellingham, WA 98229
Roosevelt NeighborhoodEstimated Value: $1,177,000 - $1,451,000
6
Beds
3
Baths
1,062
Sq Ft
$1,245/Sq Ft
Est. Value
About This Home
As of December 2021Great value and opportunity for a handyman or contractor! Pro-forma rents at $1,650 for 4-plex with 5.62% cap rate. Properties are two parcels, on one parcel, is a house that is not in rentable condition. Upside in fixing up the house or tear it down and add multiple units.
Last Agent to Sell the Property
WestCom Properties Inc. License #11930 Listed on: 10/25/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1854855
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,743
Year Built
- Built in 2002
Lot Details
- 10,018 Sq Ft Lot
- Property is in average condition
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Laminate
Parking
- 10 Parking Spaces
- Open Parking
Schools
- Rooseveltelem Elementary School
- Kulshan Mid Middle School
- Bellingham High School
Community Details
- Plat Of Alabama Street Addition To The Town Of New Condos
- Roosevelt Subdivision
Listing and Financial Details
- Legal Lot and Block 1 & 2 / B
- Assessor Parcel Number 3803202420780000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2021
Closed on
Dec 20, 2021
Sold by
Wwtc Llc
Bought by
Dtw Llc
Seller's Agent
Brian Finnegan
WestCom Properties Inc.
Buyer's Agent
Brian Finnegan
WestCom Properties Inc.
List Price
$1,350,000
Sold Price
$1,175,000
Premium/Discount to List
-$175,000
-12.96%
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
$147,263
Avg. Annual Appreciation
2.03%
Purchase Details
Closed on
Jul 7, 2008
Sold by
Triune Llc
Bought by
Wwtc Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 17, 2002
Sold by
Gilbert Properties Inc
Bought by
Triune Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,600
Interest Rate
6.74%
Purchase Details
Closed on
May 26, 2000
Sold by
Waisman Robert
Bought by
Gilbert Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
8.5%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dtw Llc | $1,175,000 | Whatcom Land Title | |
| Dtw Llc | $1,175,000 | Whatcom Land Title | |
| Wwtc Llc | $641,808 | Chicago Title Insurance | |
| Triune Llc | $469,500 | First American Title Insuran | |
| Gilbert Properties Inc | $115,000 | First American Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dtw Llc | $800,000 | |
| Previous Owner | Wwtc Llc | $64,000 | |
| Previous Owner | Wwtc Llc | $190,000 | |
| Previous Owner | Triune Llc | $375,600 | |
| Previous Owner | Gilbert Properties Inc | $80,500 | |
| Closed | Gilbert Properties Inc | $23,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2021 12/30/21 | Sold | $1,175,000 | -6.0% | $1,106 / Sq Ft |
| 11/22/2021 11/22/21 | Pending | -- | -- | -- |
| 11/15/2021 11/15/21 | Price Changed | $1,250,000 | -7.4% | $1,177 / Sq Ft |
| 10/25/2021 10/25/21 | For Sale | $1,350,000 | -- | $1,271 / 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 | $8,855 | $1,110,057 | $336,359 | $773,698 |
| 2023 | $8,855 | $1,138,251 | $344,902 | $793,349 |
| 2022 | $8,912 | $1,208,943 | $297,335 | $911,608 |
| 2021 | $8,744 | $959,479 | $235,980 | $723,499 |
| 2020 | $8,604 | $888,406 | $218,500 | $669,906 |
| 2019 | $7,703 | $845,042 | $205,467 | $639,575 |
| 2018 | $7,757 | $758,509 | $184,472 | $574,037 |
| 2017 | $6,698 | $653,055 | $158,821 | $494,234 |
| 2016 | $5,857 | $589,335 | $142,519 | $446,816 |
| 2015 | $5,743 | $536,505 | $130,169 | $406,336 |
| 2014 | -- | $509,018 | $123,500 | $385,518 |
| 2013 | -- | $510,053 | $131,250 | $378,803 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1854855
APN: 380320-242078-0000
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.
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Based on information submitted to the MLS GRID
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