NOT LISTED FOR SALE

Estimated Value: $867,000 - $947,356

4 Beds
3 Baths
3,112 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $450,000 $145 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,429/month

About This Home

As of August 2017

Great location next to Barkley Village and Sunset Square. Short drive from downtown and multiple schools. Many biking and walking trails in the area. Perfect investment opportunity for anyone interested in renting it out.

Last Agent to Sell the Property

Monte Young

Bellwether Real Estate License #2871 Listed on: 08/17/2017

Bellwether Real Estate

Co-Listed By

Tina Grace

Coldwell Banker Bain License #46692

Last Buyer's Agent

Monte Young

Bellwether Real Estate License #2871 Listed on: 08/17/2017

Bellwether Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1180379

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,949

Year Built

  • Built in 1998

Lot Details

  • 6,970

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,112 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Rooseveltelem Elementary School
  • Whatcom Mid Middle School
  • Squalicum High School

Additional Features

  • 6,970 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • Labrador Short Plat Condos
  • Barkley Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 3803203512620000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,949

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: Labrador Short Plat
  • New Construction: No
  • CalculatedSquareFootage: 3112
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: SSC
  • WaterCompany: Public
  • WaterSewerGarbage: 1312

Schools

  • Junior High Dist: Bellingham
  • High School: Squalicum High
  • Middle Or Junior School: Whatcom Mid

Lot Info

  • Parcel Number: 3803203512620000
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 4

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 172
  • LeasedItems: None
  • TotalMonthlyIncome: 1200

Multi Family

  • Gross Scheduled Income: 288000
  • Net Operating Income: 21313
  • Number Of Units Total: 6
  • Insurance Expense: 2389
  • Leasable Area: 3112
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3949

MLS Schools

  • Elementary School: RooseveltElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2020
Sold by
Wark Joel C and Wark Ann T
Bought by
Wark Ann T
Current Estimated Value
$915,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$298,613
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$598,813

Purchase Details

Listed on
Aug 17, 2017
Closed on
Aug 15, 2017
Sold by
Vernon Platt
Bought by
Young Monte and Young Lisa
Seller's Agent
Monte Young
Bellwether Real Estate
Buyer's Agent
Monte Young
Bellwether Real Estate
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$337,500
Interest Rate
3.9%

Purchase Details

Closed on
Dec 11, 2006
Sold by
Platt Vernon Harry and Yang Lilly
Bought by
Platt & Yang 2000 Revocable Trust

Purchase Details

Closed on
Jun 15, 2001
Sold by
Yang Lily
Bought by
Platt Vernon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.65%

Purchase Details

Closed on
Nov 20, 2000
Sold by
Maris William J and Maris Paula M
Bought by
Count Your Fries Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,660
Interest Rate
7.86%
Source: Public Records

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
Wark Ann T $10,000 Chicago Title
Wark Ann T -- Chicago Title Bellingham
Young Monte -- --
Platt & Yang 2000 Revocable Trust -- None Available
Platt Vernon H -- None Available
Platt Vernon H -- Chicago Title Insurance
Plat Vernon H $250,500 Chicago Title Insurance
Count Your Fries Investments Llc -- Chicago Title Insurance
Maris William J -- Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wark Ann T $332,000
Closed Wark Ann T $332,000
Previous Owner Young Monte $337,500
Previous Owner Young Monte --
Previous Owner Plat Vernon H $98,000
Previous Owner Count Your Fries Investments Llc $171,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2017 08/22/17 Sold $450,000 -9.1% $145 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $495,000 -- $159 / 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 $6,881 $862,470 $238,607 $623,863
2023 $6,881 $884,377 $244,668 $639,709
2022 $5,620 $762,407 $210,924 $551,483
2021 $5,514 $605,085 $167,400 $437,685
2020 $5,074 $560,264 $155,000 $405,264
2019 $4,542 $498,280 $124,778 $373,502
2018 $4,574 $447,257 $112,028 $335,229
2017 $3,949 $385,076 $96,450 $288,626
2016 $3,454 $347,484 $86,550 $260,934
2015 $3,386 $316,344 $79,050 $237,294
2014 -- $300,137 $75,000 $225,137
2013 -- $356,316 $81,375 $274,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1180379

Northwest Multiple Listing Service (NWMLS)

APN: 380320-351262-0000