Listed by Sterling Real Estate Group, Bought with COMPASS
$868,000
SOLD JUL 3, 2025
-- Bed
-- Bath
2,794 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

Highlights

  • Deck
  • Secluded Lot
  • No HOA
  • Squalicum High School Rated A-
  • Territorial View
  • Patio

About This Home

As of July 2025

Great Investment Opportunity – 1540 & 1542 E Maryland St, BellinghamThis well-maintained duplex offers strong rental income potential in a prime location. Each unit features spacious livingareas, modern kitchens, ample storage, and off-street parking. Tenants enjoy a shared yard and proximity to downtownBellingham, shopping, dining, and I-5 access. Consistently rented, this property is ideal for investors or owner-occupants.

Last Agent to Sell the Property

Jacqueline Kubitz

Sterling Real Estate Group License #23025544 Listed on: 03/18/2025

Co-Listed By

Phil Dyer

Sterling Real Estate Group License #4145

Last Buyer's Agent

Rom Hirss

COMPASS License #119812

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2346277

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,771

Year Built

  • Built in 2000

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 87.50 x 93.04
  • Partially Fenced Property
  • Secluded Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,794 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Territorial Views

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • STEP System includes septic tank and pump
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • D R Burns Lla As Rec Af 1980301432 Condos
  • Sunnyland Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 3803202622070000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,771

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 2000
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: D R BURNS LLA AS REC AF 1980301432
  • New Construction: No
  • CalculatedSquareFootage: 2794
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Secluded
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: STEP Sewer
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • CableConnected: Comcast
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 3803202622070000
  • Lot Size Acres: 0.24
  • Lot Size: 87.50 x 93.04
  • Lot Size Sq Ft: 10454
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Tax Assessor
  • MLSSquareFootageSource: Tax Assessor
  • ZoningJurisdiction: City
  • LotNumber: 2

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.9
  • LeasedItems: None
  • TotalMonthlyIncome: 4850

Multi Family

  • Gross Scheduled Income: 58200
  • Net Operating Income: 46560
  • Number Of Units Total: 2
  • Leasable Area: 2794
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6770.99

MLS Schools

  • Elementary School: Sunnyland Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Jul 2, 2025
Sold by
Tdl Properties Llc
Bought by
Lyons Ethan and Lyons Erin
Seller's Agent
Jacqueline Kubitz
Sterling Real Estate Group
Buyer's Agent
Rom Hirss
COMPASS
List Price
$868,000
Sold Price
$868,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$706,552
Outstanding Balance
$706,552
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$173,560

Purchase Details

Closed on
Sep 15, 2023
Sold by
Hillman Lorraine L
Bought by
Tdl Properties Llc

Purchase Details

Closed on
Jun 4, 2001
Sold by
T N Development Inc
Bought by
Hillman Lorraine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.15%

Purchase Details

Closed on
Jan 13, 2000
Sold by
Drw Exchange Inc
Bought by
T N Development Inc

Purchase Details

Closed on
Jul 28, 1999
Sold by
Hoffman Robert A
Bought by
Drw Exchange Co

Purchase Details

Closed on
Jul 27, 1999
Sold by
Niemier Rebecca
Bought by
Niemier Tim
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 Type Sale Price Title Company
Warranty Deed $868,000 Whatcom Land Title
Quit Claim Deed $313 None Listed On Document
Warranty Deed $240,000 Chicago Title Insurance
Quit Claim Deed -- Charter Title Corporation
Warranty Deed -- Charter Title Corporation
Interfamily Deed Transfer -- Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $706,552 FHA
Previous Owner $154,000 New Conventional
Previous Owner $152,100 New Conventional
Previous Owner $165,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $868,000 0.0% $311 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $868,000 -- $311 / 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 $6,771 $848,665 $254,001 $594,664
2023 $6,771 $870,221 $260,453 $609,768
2022 $5,530 $750,204 $224,532 $525,672
2021 $5,426 $595,400 $178,200 $417,200
2020 $5,127 $551,296 $165,000 $386,296
2019 $4,589 $503,470 $136,423 $367,047
2018 $4,622 $451,918 $122,483 $329,435
2017 $3,990 $389,089 $105,452 $283,637
2016 $3,489 $351,052 $94,628 $256,424
2015 $3,422 $319,621 $86,428 $233,193
2014 -- $303,246 $82,000 $221,246
2013 -- $338,546 $78,750 $259,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2346277

Northwest Multiple Listing Service (NWMLS)

APN: 380320-262207-0000