NOT LISTED FOR SALE

1846 Emerald Lake Way Bellingham, WA 98226

Estimated Value: $606,000 - $663,000

2 Beds
1 Bath
1,391 Sq Ft
$451/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $385,000 $277 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,931/month

47 Days on Market

Highlights

  • Waterfront Community
  • Deck
  • Territorial View
  • Squalicum High School Rated A-
  • Northwest Architecture
  • 1 Fireplace

About This Home

As of November 2018

Quiet, secluded, & brand new! Enjoy the peaceful 18,089 sq. ft. setting this well built home has to offer. Fabulous 2 bdrm, 2 bath, plus den/office, "great room" style one level living is flooded with natural light. With vaulted ceilings, classic crown moldings and wainscoting gracing the entry and hallway, this home is sure to please. Shared community park with beach access too! Hurry on this one.Close to town, yet private serene location!

Last Agent to Sell the Property

Michelle Clark

Global Referral Group, LLC Listed on: 09/20/2018

Last Buyer's Agent

Elise Badgley

RE/MAX Whatcom County, Inc. License #118996

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1363950

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,906

Year Built

  • Built in 2018

Lot Details

  • Street terminates at a dead end
  • Sloped Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 380314147523

Community Details

Overview

  • Emerald Lake Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,906

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Nw Contemporary
  • New Construction: Completed
  • Homebuilder: Malone
  • Building Information: Built On Lot
  • New Construction: Y
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Vaulted Ceilings
  • Floor Covering: Laminate
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1391
  • Square Footage Finished: 1391

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Heat Pump, Radiant, Wall
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: District 7
  • Water Heater: Stairwell Closet-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Emerald Lake
  • Project: Michael Malone Boundry Line Adjustment
  • Community Features: Community Waterfront/Pvt Beach

Schools

  • Elementary School: Northern Heights Ele
  • Middle School: Shuksan Mid
  • High School: Squalicum High
  • School District: BEL

Lot Info

  • Lot Number: B
  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: irregular
  • Lot Sq Ft: 18089
  • Lot Topography Vegetation: Garden Space, Sloped
  • Parcel Number: 380314147523
  • Zoning Code: RES
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Sloped

Tax Info

  • Tax Amount: 210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Nov 26, 2018
Sold by
Malone Michael J
Bought by
Simonsen Kyle M
Seller's Agent
Michelle Clark
Global Referral Group, LLC
Buyer's Agent
Elise Badgley
RE/MAX Whatcom County, Inc.
List Price
$419,000
Sold Price
$385,000
Premium/Discount to List
-$34,000
-8.11%
Total Days on Market
47
Current Estimated Value
$627,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,345
Avg. Annual Appreciation
7.32%
Original Mortgage
$308,000
Outstanding Balance
$275,524
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$334,119

Purchase Details

Closed on
Dec 9, 2017
Sold by
Malone Michael J
Bought by
Williams Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 28, 2012
Sold by
Tieman Rick and Tieman Nancy
Bought by
Malone Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 2011
Sold by
Federal National Mortgage Association
Bought by
Tieman Rick

Purchase Details

Closed on
Apr 3, 2001
Sold by
Fallis Robert W and Fallis Laurie J
Bought by
Kimball Marie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,450
Interest Rate
7.19%
Source: Public Records

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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 Buyer Sale Price Title Company
Simonsen Kyle M $385,000 Whatcom Land Title
Williams Jessica L -- None Available
Malone Michael J $165,280 Chicago Title Insurance
Tieman Rick -- First American Title Ins
Kimball Marie Y $90,252 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonsen Kyle M $308,000
Previous Owner Malone Michael J $235,000
Previous Owner Malone Michael J $160,000
Previous Owner Kimball Marie Y $93,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $385,000 +1.6% $277 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
11/01/2018 11/01/18 Price Changed $379,000 -5.2% $272 / Sq Ft
10/09/2018 10/09/18 Price Changed $399,900 -2.2% $287 / Sq Ft
10/01/2018 10/01/18 Price Changed $409,000 -2.4% $294 / Sq Ft
09/20/2018 09/20/18 For Sale $419,000 -- $301 / 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 $4,906 $552,012 $156,816 $395,196
2023 $4,906 $576,291 $163,713 $412,578
2022 $3,877 $468,529 $133,100 $335,429
2021 $3,687 $387,214 $110,000 $277,214
2020 $3,598 $346,132 $70,097 $276,035
2019 $174 $323,344 $65,543 $257,801
2018 $190 $174,403 $58,793 $115,610
2017 $179 $14,000 $14,000 $0
2016 $174 $14,000 $14,000 $0
2015 $191 $14,000 $14,000 $0
2014 -- $15,000 $15,000 $0
2013 -- $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1363950

Northwest Multiple Listing Service (NWMLS)

APN: 380314-147523-0000