Listed by Muljat Group, Bought with ENRG Realty
NOT LISTED FOR SALE

Estimated Value: $727,463 - $866,000

3 Beds
2 Baths
2,344 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $370,000 $158 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,758/month

34 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Property is in very good condition
  • Kulshan Middle School Rated A-
  • High Speed Internet
  • Property is Fully Fenced

About This Home

As of June 2016

Do not ignore this great multifamily opportunity. Fabulous 3beds/2baths per side, owner-occupied duplex, surrounded by other owner occupied residences. Vaulted ceilings, pristine condition with newer flooring, appliances, water heaters, and paint. Easy-care vinyl siding, fully fenced oasis with organic soil garden beds and garden shed. Centrally located; minutes to walking trails, Trader Joe's and Barkley shopping. Perfectly clean and ready for your personal touches.

Last Agent to Sell the Property

Gordon Neufeld

Muljat Group License #27470 Listed on: 04/01/2016

Muljat Group

Co-Listed By

Shannon Neufeld

Muljat Group License #94057

Last Buyer's Agent

Joe Hoppis

ENRG Realty License #10982

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 913898

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,961

Year Built

  • Built in 1998

Lot Details

  • 4,792 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,344 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Alabama Street Add/New Whatcom Condos
  • Roosevelt Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / D
  • Assessor Parcel Number 38032034204500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,961

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1998
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Alabama Street Add/New Whatcom
  • New Construction: No
  • CalculatedSquareFootage: 2344
  • SOCComments: $2000 BONUS SOC/accptd offers by 5/13/16
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • 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: Community
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Puget Power
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 1560

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 38032034204500
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 9

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 23635
  • Number Of Units Total: 2
  • Insurance Expense: 644
  • Leasable Area: 2788
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2961

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Judith Jane Newman Trust
Bought by
Chaudhary Vishal and Chaudhary Rachna
Current Estimated Value
$813,116

Purchase Details

Closed on
Oct 14, 2016
Sold by
Newman Judith Jane
Bought by
Judith Jane Newman Trust

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 8, 2016
Sold by
Croft Dorothy
Bought by
Newman Judith
Seller's Agent
Gordon Neufeld
Muljat Group
Buyer's Agent
Joe Hoppis
ENRG Realty
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$270,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2010
Sold by
Layman Mark A
Bought by
Croft Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2005
Sold by
Edinger Frank T
Bought by
Layman Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2003
Sold by
Williams Steven A and Williams Jerri L
Bought by
Edinger Frank T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
4.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 25, 2003
Sold by
Edinger Shirley M
Bought by
Edinger Frank T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
4.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 12, 2002
Sold by
Blanchard Keith A and Blanchard Stacey
Bought by
Williams Steven A and Williams Jerri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,850
Interest Rate
6.03%
Mortgage Type
Balloon
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
Chaudhary Vishal -- Whatcom Land Title
Judith Jane Newman Trust -- None Available
Newman Judith $370,000 Whatcom Land Title
Croft Dorothy $295,280 Chicago Title Insurance
Layman Mark A $295,000 Whatcom Land Title
Edinger Frank T $239,000 Chicago Title Insurance
Edinger Frank T -- Chicago Title Insurance
Williams Steven A $216,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newman Judith $270,000
Previous Owner Croft Dorothy $150,000
Previous Owner Layman Mark A $280,250
Previous Owner Edinger Frank T $191,200
Previous Owner Williams Steven A $194,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2016 06/16/16 Sold $370,000 -3.9% $158 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $385,000 -- $164 / 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 $5,363 $672,059 $261,698 $410,361
2023 $5,363 $689,129 $268,345 $420,784
2022 $4,380 $594,087 $231,336 $362,751
2021 $4,297 $471,498 $183,600 $287,898
2020 $4,350 $436,572 $170,000 $266,572
2019 $3,894 $427,220 $116,459 $310,761
2018 $3,922 $383,476 $104,559 $278,917
2017 $3,386 $330,162 $90,020 $240,142
2016 $2,961 $297,882 $80,780 $217,102
2015 $2,903 $271,213 $73,780 $197,433
2014 -- $257,318 $70,000 $187,318
2013 -- $261,610 $73,500 $188,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 913898

Northwest Multiple Listing Service (NWMLS)

APN: 380320-342045-0000