NOT LISTED FOR SALE

1692 Lexi Loop Lynden, WA 98264

Estimated Value: $688,757 - $756,000

4 Beds
4 Baths
2,019 Sq Ft
$353/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $680,000 $337 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,272/month

8 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of April 2024

Multifamily opportunity awaits! Enjoy effortless living with this newer, single-level duplex. Each side has 2 bedrooms, 2 bathrooms with open Kitchen and Living Room space, with direct back yard access. Feel at ease in your fully fenced yard and soak up the natural light when hosting friends or savoring a night in. Each bathroom is accessible and equipped with a shower bench. Located less than half a mile from Vossbeck Elementary School, Lynden Middle School and less than a mile from Lynden High School. Save on bills by living in one side and renting the other!!! Both units are ADA Accessible. This one will go fast!

Last Listed By

Julian Friedman

Muljat Group License #115982 Listed on: 04/01/2024

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2217504

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 2012

Lot Details

  • 8,280

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,019 Sq Ft Home
  • 1-Story Property

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • 8,280 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Lynden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4003165334760000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,903

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2012
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2019
  • SOCComments: Thank you so much
  • Special Features: None
  • Cumulative Days on Market: 252

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 78

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lynden

Lot Info

  • Parcel Number: 4003165334760000
  • Lot Size Acres: 0.1901
  • Lot Size Sq Ft: 8280
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 17.16
  • LeasedItems: None
  • TotalMonthlyIncome: 3375

Multi Family

  • Gross Scheduled Income: 40500
  • Net Operating Income: 35121
  • Number Of Units Total: 2
  • Insurance Expense: 954
  • Leasable Area: 2019
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Apr 22, 2024
Sold by
Applejack Properties Llc
Bought by
Tiemeyer Gordon and Tiemeyer Jennifer
Seller's Agent
Julian Friedman
Muljat Group
Buyer's Agent
Tony Hoefakker
COMPASS
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%
Total Days on Market
8
Views
146
Current Estimated Value
$711,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,939
Avg. Annual Appreciation
4.60%

Purchase Details

Closed on
Dec 17, 2019
Sold by
Line Road Properties Llc
Bought by
Johnson Jovan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,600
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2011
Sold by
Line Road Properties L L C
Bought by
Johnson Jovan

Range of Values:

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Average Value
Not Available
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
Tiemeyer Gordon $680,000 Whatcom Land Title
Johnson Jovan -- None Available
Johnson Jovan $100,280 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Jovan $341,600
Previous Owner Johnson Jovan $41,000
Previous Owner Johnson Jovan $235,300
Previous Owner Johnson Jovan $237,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $680,000 -2.2% $337 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $695,000 -- $344 / 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 $3,902 $548,551 $218,250 $330,301
2023 $3,902 $542,597 $225,000 $317,597
2022 $4,352 $571,033 $198,561 $372,472
2021 $4,269 $471,922 $164,098 $307,824
2020 $3,740 $421,370 $146,520 $274,850
2019 $3,328 $386,476 $134,530 $251,946
2018 $3,637 $352,439 $122,551 $229,888
2017 $2,954 $316,344 $110,000 $206,344
2016 $2,782 $273,215 $66,000 $207,215
2015 $2,466 $255,913 $63,480 $192,433
2014 -- $247,246 $61,320 $185,926
2013 -- $245,926 $60,000 $185,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2217504

Northwest Multiple Listing Service (NWMLS)

APN: 400316-533476-0000