NOT LISTED FOR SALE

1622 Emerald Lake Way Bellingham, WA 98226

Estimated Value: $593,000 - $644,000

2 Beds
2 Baths
1,374 Sq Ft
$448/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $500,000 $364 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,635/month

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • Secluded Lot
  • Squalicum High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of December 2021

Wonderful home in peaceful and private setting in the Emerald Lake neighborhood! Enter to an open floor plan with skylights, vaulted ceilings, and bay windows looking out over the .25+ acre yard. Kitchen has brand new appliances and bamboo floors. Huge primary suite is upstairs, along with 2nd bedroom, office that could easily be converted to 3rd bedroom, and utility room. There's also an unfinished room and shop space off of the 2-car garage for added square footage. Fantastic location and schools. A great home & property with lots of potential to make it your own!

Last Agent to Sell the Property

Elizabeth Wolfe

Windermere Real Estate Whatcom License #108892 Listed on: 11/05/2021

Windermere Real Estate Whatcom

Last Buyer's Agent

Allison Fisher

John L. Scott Bellingham License #122675

John L. Scott Bellingham

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1861553

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,582

Year Built

  • Built in 1996

Lot Details

  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • Attached Garage
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Schools

  • Northern Heights Ele Elementary School
  • Shuksan Mid Middle School

Utilities

  • Septic System
  • High Speed Internet

Additional Features

  • Territorial Views
  • Deck
  • Unfinished Basement

Community Details

  • Emerald Lake Community

Listing and Financial Details

  • Assessor Parcel Number 3803104660660000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,582

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 11

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Refrigerator, Washer, K
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Master Bedroom: Upper
  • Basement: Unfinished
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1374
  • Square Footage Finished: 1374
  • Total Square Footage: 1374

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Emerald Lake

Schools

  • Elementary School: Northern Heights Ele
  • Middle School: Shuksan Mid
  • High School: Squalicum High
  • School District: BEL
  • Junior High: Shuksan Mid

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 11761
  • Lot Topography Vegetation: Garden Space, Level, Wooded
  • Parcel Number: 3803104660660000
  • Lot Topography: Garden Space, Level, Wooded

Tax Info

  • Year: 2021
  • Tax Amount: 3637

MLS Schools

  • Elementary School: Northern Heights Ele
  • Senior High: Squalicum High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 15, 2021
Sold by
Ruben Jorge L
Bought by
Gray Fernanda R
Seller's Agent
Elizabeth Wolfe
Windermere Real Estate Whatcom
Buyer's Agent
Allison Fisher
John L. Scott Bellingham
List Price
$470,000
Sold Price
$500,000
Premium/Discount to List
$30,000
6.38%
Current Estimated Value
$615,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,980
Avg. Annual Appreciation
5.36%
Original Mortgage
$450,000
Outstanding Balance
$418,847
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$190,180
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
Gray Fernanda R $500,000 Whatcom Land Title
Gray Fernanda R $500,000 Whatcom Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Fernanda R $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $500,000 +6.4% $364 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $470,000 -- $342 / 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 $4,582 $515,078 $171,072 $344,006
2023 $4,582 $537,732 $178,596 $359,136
2022 $3,619 $437,180 $145,200 $291,980
2021 $3,637 $361,306 $120,000 $241,306
2020 $3,550 $341,444 $101,251 $240,193
2019 $3,172 $318,999 $94,673 $224,326
2018 $3,278 $286,119 $84,923 $201,196
2017 $2,854 $253,160 $75,140 $178,020
2016 $2,639 $230,056 $68,380 $161,676
2015 $2,474 $219,197 $65,000 $154,197
2014 -- $199,736 $61,920 $137,816
2013 -- $191,222 $60,000 $131,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1861553

Northwest Multiple Listing Service (NWMLS)

APN: 380310-466066-0000