Seller's Agent in 2021
Brent Wolters
Best Choice Realty Brokerage
(360) 920-3513
2 in this area
98 Total Sales
Listed by Best Choice Realty LLC, Bought with HomeSmart Real Estate Assoc
1922 James St Bellingham, WA 98225
Sunnyland NeighborhoodEstimated Value: $761,365
3
Beds
2
Baths
2,020
Sq Ft
$377/Sq Ft
Est. Value
Highlights
- Vinyl Plank Flooring
- High Speed Internet
- Wood Siding
- Bellingham High School Rated A
- Property is Fully Fenced
About This Home
As of December 2021Commercial Tri-Plex, great location! Excellent cash flow even through the pandemic. Strong nearly 6% cap rate. Building renovated in 2019. Upgrades include flooring, cabinets, insulation, plumbing, electrical, paint & more. Layout includes 3 separate units, each with bathrooms and kitchenettes. ADA accessible off street parking and behind building and on street parking in front. Easy access downtown Bellingham, very close to Kulshan Brewery, Trader Joes, Hardware Sales. And Starbucks and Woods Coffee are your neighbors. Ideal buyer has cash or is capable of qualifying for a commercial loan. Low maintains property.
Last Agent to Sell the Property
Best Choice Realty LLC License #116648 Listed on: 11/10/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1863541
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,468
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Property is Fully Fenced
- Property is in good condition
Home Design
- Triplex
- Block Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 2,020 Sq Ft Home
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Vinyl Plank
Parking
- 4 Parking Spaces
- Open Parking
Utilities
- High Speed Internet
Community Details
- Sunnyland Subdivision
Listing and Financial Details
- Assessor Parcel Number 3803305583870000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2021
Closed on
Dec 16, 2021
Sold by
Db Real Estate Holdings Llc
Bought by
1922 James St Llc
Seller's Agent
Brent Wolters
Best Choice Realty LLC
Buyer's Agent
Emmeline Sheu
HomeSmart Real Estate Assoc
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,365
Avg. Annual Appreciation
5.55%
Purchase Details
Closed on
Mar 3, 2021
Sold by
Burdette Deidre
Bought by
Db Real Estate Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 3, 2019
Sold by
Lind Petersen Borge
Bought by
Burdette Deldre
Purchase Details
Closed on
Jul 7, 2015
Sold by
Rejam 2003 Llc
Bought by
Lind Petersen Borge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.83%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 7, 2003
Sold by
May Calvin C and May Clyde L
Bought by
Rejam 2003 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.22%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1922 James St Llc | $620,000 | Chicago Title | |
| 1922 James St Llc | $620,000 | Chicago Title | |
| Db Real Estate Holdings Llc | -- | Chicago Title Co Of Wa | |
| Burdette Deldre | -- | None Available | |
| Lind Petersen Borge | $275,000 | Chicago Title Insurance | |
| Rejam 2003 Llc | $120,000 | First American Title Insuran |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Db Real Estate Holdings Llc | $435,000 | |
| Previous Owner | Lind Petersen Borge | $215,000 | |
| Previous Owner | Rejam 2003 Llc | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/21/2021 12/21/21 | Sold | $620,000 | -4.6% | $307 / Sq Ft |
| 11/24/2021 11/24/21 | Pending | -- | -- | -- |
| 11/10/2021 11/10/21 | For Sale | $650,000 | -- | $322 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $4,472 | $574,522 | $253,080 | $321,442 |
| 2023 | $4,472 | $574,522 | $253,080 | $321,442 |
| 2022 | $4,217 | $517,587 | $228,000 | $289,587 |
| 2021 | $4,468 | $454,024 | $200,000 | $254,024 |
| 2020 | $2,530 | $454,024 | $200,000 | $254,024 |
| 2019 | $2,344 | $248,485 | $123,640 | $124,845 |
| 2018 | $2,703 | $230,799 | $114,840 | $115,959 |
| 2017 | $2,586 | $227,572 | $113,234 | $114,338 |
| 2016 | $2,484 | $227,572 | $113,234 | $114,338 |
| 2015 | $2,494 | $227,572 | $113,234 | $114,338 |
| 2014 | -- | $221,072 | $110,000 | $111,072 |
| 2013 | -- | $225,599 | $107,800 | $117,799 |
Source: Public Records
Agents Affiliated with this Home
-
Brent Wolters
-
Kate Savchuk
K
Seller Co-Listing Agent in 2021
Kate Savchuk
Best Choice Realty Brokerage
(360) 510-3583
2 in this area
50 Total Sales
-
Emmeline Sheu
E
Buyer's Agent in 2021
Emmeline Sheu
HomeSmart Real Estate Assoc
1 in this area
3 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1863541
APN: 380330-558387-0000
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Based on information submitted to the MLS GRID
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