Listed by Windermere Real Estate Whatcom, Bought with John L. Scott Anacortes
$1,265,000
SOLD JUL 1, 2025

18 Spinnaker Ln Bellingham, WA 98229

4 Beds
2.5 Baths
2,538 Sq Ft
6,023 Sq Ft Lot

Recently Sold

$498 Per Sq Ft

13% Below List Price

Highlights

  • Low Bank Waterfront Property
  • Golf Course Community
  • Lake View
  • Kulshan Middle School Rated A-
  • Community Boat Launch
  • Clubhouse

About This Home

As of July 2025

Enjoy beachfront living on Lake Whatcom in this 4 bed / 2.5 bath, well-maintained home in quiet cul-de-sac which offers stunning lake and mountain views from every window. Remodeled in 2005. Sunny, large primary suite w/ 2 walk-in closets. Open layout includes formal living, formal dining, large family room & a bright kitchen. Spacious lower level has 3 bedrooms, rec room, lots of storage & opens directly to the lakefront yard and private beach for swimming, fishing, canoeing & etc. Spot bald eagles and deer from the peaceful wraparound porch. Park your boat at the Sudden Valley Marina just minutes away. Other nearby amenities: golf, tennis and a large community pool. This home is a rare blend of comfort, nature, and year-round fun.

Last Agent to Sell the Property

John Templeton

Windermere Real Estate Whatcom License #3046 Listed on: 04/25/2025

Windermere Real Estate Whatcom

Last Buyer's Agent

Joy Brown

John L. Scott Anacortes License #27226

John L. Scott Anacortes

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2365025

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,157

Year Built

  • Built in 2005

Lot Details

  • 6,023 Sq Ft Lot
  • Low Bank Waterfront Property
  • Lake Front
  • Northeast Facing Home
  • Sloped Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $156 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,538 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Dining Room
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Geneva Elementary School
  • Kulshan Mid Middle School
  • Bellingham High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • High Efficiency Heating System
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Generator Hookup

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 3704051841880000

Community Details

Overview

  • Gil Martinez Association
  • Secondary HOA Phone (360) 734-6430
  • Sudden Valley Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Golf Course Community
  • Sport Court
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,157

Year Built

Built in 2005

Lot Details

0

HOA Fees

$156 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2005
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Sudden Valley Division 21
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2538
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Wired for Generator
  • Living Area: 2538
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 2538
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Low Bank, Lake, No Bank
  • Waterfront: Yes
  • Construction Type: Wood
  • Direction Faces: Northeast
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 512
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: Security Service
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Ductless, Fireplace Insert, Forced Air, Radiant, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Lake Whatcom Sewer & Water
  • WaterCompany: Lake Whatcom Sewer & Water
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, CCRs, Club House, Golf, Park, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 156.28
  • Association Fee Frequency: Monthly
  • Phone: 360-734-6430
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: Gil Martinez

Schools

  • Junior High Dist: Bellingham
  • High School: Bellingham High
  • Middle Or Junior School: Kulshan Mid

Lot Info

  • Parcel Number: 3704051841880000
  • Topography: Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.1383
  • Lot Size: Irregular
  • Lot Size Sq Ft: 6023
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County
  • LotNumber: 63

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 9157

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Geneva Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Jun 30, 2025
Sold by
Keith John B and Keith Sandra P
Bought by
Bassani Michael and Bassani Erin
Seller's Agent
John Templeton
Windermere Real Estate Whatcom
Buyer's Agent
Joy Brown
John L. Scott Anacortes
List Price
$1,450,000
Sold Price
$1,265,000
Premium/Discount to List
-$185,000
-12.76%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.82%
Original Mortgage
$632,500
Outstanding Balance
$631,962
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$586,015

Purchase Details

Closed on
Jul 26, 2004
Sold by
Moore Bettie
Bought by
Keith John B and Keith Sandra P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,265,000 Chicago Title
Warranty Deed $449,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $632,500 New Conventional
Previous Owner $232,000 Credit Line Revolving
Previous Owner $210,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $1,265,000 -8.0% $498 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/13/2025 05/13/25 Price Changed $1,375,000 -5.2% $542 / Sq Ft
04/25/2025 04/25/25 For Sale $1,450,000 -- $571 / 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 $8,791 $1,006,618 $482,679 $523,939
2023 $8,791 $1,032,238 $494,964 $537,274
2022 $6,541 $839,214 $402,408 $436,806
2021 $6,161 $608,126 $291,600 $316,526
2020 $6,112 $563,080 $270,000 $293,080
2019 $5,435 $548,236 $267,880 $280,356
2018 $5,507 $495,230 $241,980 $253,250
2017 $4,954 $427,457 $208,865 $218,592
2016 $4,506 $400,954 $195,915 $205,039
2015 $4,603 $382,024 $186,665 $195,359
2014 -- $378,616 $185,000 $193,616
2013 -- $354,387 $175,200 $179,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2365025

Northwest Multiple Listing Service (NWMLS)

APN: 370405-184188-0000