NOT LISTED FOR SALE

Estimated Value: $1,307,959

-- Bed
-- Bath
4,612 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $679,000 $147 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $8,027/month

8 Days on Market

Highlights

  • City View
  • Deck
  • Corner Lot
  • Fairhaven Middle School Rated A-
  • Softwood Flooring
  • Thermal Windows

About This Home

As of April 2017

Unique opportunity to own an established boarding home in centrally located York neighborhood in operation since the 1940s. Self-contained one bedroom manager's apartment, 12 individually rented rooms, shared kitchen & two shared baths. Monthly income of $5850. Historically, tenants have been working adults w/some tenants in place for ten or more years. Rooms are rented within three days of vacancy over last 19 years of ownership. Property has been pre-inspected & has recent renovations.

Last Listed By

Sue Hilton-Faust

Windermere Real Estate Whatcom License #46510 Listed on: 02/23/2017

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1080543

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,090

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 111 x 59
  • Corner Lot
  • Property is in good condition

Property Views

  • City
  • Territorial

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,612 Sq Ft Home
  • 4-Story Property
  • Thermal Windows

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Lowell Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • York Addition Condos
  • York Subdivision

Listing and Financial Details

  • Legal Lot and Block N 1/2 19 and all 20 / 34
  • Assessor Parcel Number 3803304742010000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,090

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1900
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: York Addition
  • New Construction: No
  • CalculatedSquareFootage: 4612
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 273

Interior Features

  • Fireplace: No
  • Flooring: Softwood, Vinyl, Carpet
  • Interior Amenities: Fir/Softwood, Wall to Wall Carpet
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Alley, Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: See Remarks
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 3518

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 3803304742010000
  • Lot Size Acres: 0.15
  • Lot Size: 111 x 59
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • LotNumber: N 1/2 19 and all 20

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 70200

Multi Family

  • Gross Scheduled Income: 70200
  • Net Operating Income: 47518
  • Number Of Units Total: 13
  • Electric Expense: 3926
  • Insurance Expense: 3091
  • Leasable Area: 4612
  • UnitsInBuildingTotal: 13
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5090

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 7, 2017
Sold by
Humbolt House Ltd
Bought by
Shore Family Llc
Seller's Agent
Sue Hilton-Faust
Windermere Real Estate Whatcom
Buyer's Agent
Sue Hilton-Faust
Windermere Real Estate Whatcom
List Price
$679,000
Sold Price
$679,000
Total Days on Market
8
Current Estimated Value
$1,307,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,959

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
Shore Family Llc $679,000 Whatcom Land Title Co Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $679,000 0.0% $147 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $679,000 -- $147 / 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 $8,466 $1,061,301 $269,395 $791,906
2023 $8,466 $1,088,258 $276,238 $812,020
2022 $6,916 $938,170 $238,140 $700,030
2021 $6,785 $744,579 $189,000 $555,579
2020 $6,540 $689,425 $175,000 $514,425
2019 $5,855 $642,266 $162,211 $480,055
2018 $5,896 $576,499 $145,636 $430,863
2017 $5,090 $496,350 $125,385 $370,965
2016 $4,452 $447,888 $112,515 $335,373
2015 $4,365 $407,755 $102,765 $304,990
2014 -- $386,864 $97,500 $289,364
2013 -- $380,973 $94,500 $286,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1080543

Northwest Multiple Listing Service (NWMLS)

APN: 380330-474201-0000