NOT LISTED FOR SALE

1676 Lexi Loop Lynden, WA 98264

Estimated Value: $734,446 - $1,010,000

6 Beds
4 Baths
2,695 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $900,000 $334 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,067/month

13 Days on Market

Highlights

  • No HOA
  • High Speed Internet
  • Wall to Wall Carpet
  • Patio

About This Home

As of May 2022

Welcome to 1676 Lexi Loop. Attention investors, there is a lack of inventory when it comes to multi-family in Lynden! Make this investment property yours today! Each unit has 3 bedrooms and 2 bathrooms. The kitchen has a full set of appliances and there's a stackset washer-dryer. There's a single car attached garage, efficient gas heat forced air, living room, dining room, patio. Don't wait. Investment opportunities are hard to find. And built in 2013 so it offers a composition roof, hardiplank siding, attractive paint colors, double pane vinyl windows, etc. Each unit currently rented for $2000 per side.

Last Listed By

Jay Baklund

Coldwell Banker Bain License #74929 Listed on: 03/01/2022

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1895592

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,801

Year Built

  • Built in 2013

Lot Details

  • 8,276

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,695 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Schools

  • Vossbeck Elementary School
  • Lynden Mid Middle School
  • Lynden High School

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • 8,276 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Strawberry Meadows Condos
  • Lynden Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 4003165484770000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,801

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2013
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Strawberry Meadows
  • New Construction: No
  • CalculatedSquareFootage: 2695
  • Special Features: None
  • Cumulative Days on Market: 257

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: THE COL
  • WaterCompany: THE COL
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lynden
  • High School: Lynden High
  • Middle Or Junior School: Lynden Mid

Lot Info

  • Parcel Number: 4003165484770000
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: WC A&T
  • ZoningClass: Multi-Family
  • LotNumber: 19

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4801

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2695
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Vossbeck Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Kooistra Fred and Kooistra Karen E
Bought by
White Andrew Louis
Total Days on Market
13
Current Estimated Value
$879,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$269,831
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$632,193

Purchase Details

Closed on
Sep 25, 2020
Sold by
Kooistra Fred E and Kooistra Karen E
Bought by
White Andrew Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$269,831
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$632,193

Purchase Details

Listed on
Sep 6, 2012
Closed on
May 20, 2013
Sold by
Engels Craig
Bought by
Kooistra Fred and Kooistra Karen E
List Price
$394,900
Sold Price
$362,000
Premium/Discount to List
-$32,900
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$289,600
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2011
Sold by
Line Road Properties Llc
Bought by
Engels Craig

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
White Andrew Louis $495,000 Whatcom Land Title Co Inc
White Andrew Louis $7,925,000 Whatcom Land Title
Kooistra Fred $362,280 Chicago Title Insurance
Engels Craig -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Andrew Louis $300,000
Closed White Andrew Louis $300,000
Previous Owner Kooistra Fred $289,600
Previous Owner Engels Craig $269,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $900,000 -5.3% $334 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $950,000 +162.4% $353 / Sq Ft
05/24/2013 05/24/13 Sold $362,000 -8.3% $135 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
09/06/2012 09/06/12 For Sale $394,900 -- $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 $4,771 $674,489 $218,250 $456,239
2023 $4,771 $663,691 $225,000 $438,691
2022 $4,801 $629,913 $198,561 $431,352
2021 $4,709 $520,583 $164,098 $356,485
2020 $4,125 $464,819 $146,520 $318,299
2019 $3,670 $426,304 $134,530 $291,774
2018 $4,011 $388,780 $122,551 $266,229
2017 $3,638 $348,963 $110,000 $238,963
2016 $3,421 $336,666 $66,000 $270,666
2015 $3,033 $314,839 $63,480 $251,359
2014 -- $304,179 $61,320 $242,859
2013 -- $302,859 $60,000 $242,859
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1895592

Northwest Multiple Listing Service (NWMLS)

APN: 400316-548477-0000