NOT LISTED FOR SALE

194 E Bakerview Rd Bellingham, WA 98226

Meridian Neighborhood

Estimated Value: $9,499,872

-- Bed
2 Baths
21,589 Sq Ft
$440/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $5,700,000 $264 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $56,764/month

63 Days on Market

Highlights

  • Newly Remodeled
  • City View
  • Deck
  • Squalicum High School Rated A-
  • 1.07 Acre Lot
  • Thermal Windows

About This Home

As of April 2019

True 5.76% Cap – New construction completed in late 2017 with 100% occupancy - 47 unit MF building on E Bakerview. The building has 40 studio apartments and 7 ground floor micro office suites with 52 parking spaces. Each studio unit features a HVAC, W/D, dishwasher, & 30 gal hot water tank. The timing is right on this new Bellingham apartment building.

Last Listed By

KC Coonc

Pacific Continental Realty LLC License #17357 Listed on: 01/02/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1396901

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $49,000

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 166x281x165x282
  • Property is in very good condition

Property Views

  • City
  • Territorial
  • Limited

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 21,589 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 52 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803070640180000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$49,000

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 2017
  • Buyer Agency Compensation: 1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 21589
  • EffectiveYearBuiltSource: See Remarks
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 294

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Office, Retail
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Central A/C, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City, Partial, Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 52
  • Open Parking: Yes
  • Total Parking Spaces: 52
  • ParkingUncoveredSpaces: 52

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 10615

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803070640180000
  • Lot Size Acres: 1.07
  • Lot Size: 166x281x165x282
  • Lot Size Sq Ft: 46609
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Business,Commercial,Multi-Family,Office,Retail

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 37399

Multi Family

  • Gross Scheduled Income: 477060
  • Net Operating Income: 339906
  • Number Of Units Total: 47
  • Electric Expense: 18461
  • Insurance Expense: 5577
  • Leasable Area: 15826
  • UnitsInBuildingTotal: 47
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2018
  • Tax Annual Amount: 49000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Simoes Childrens 2004 Trust
Bought by
Cmjs Bellingham Llc
Total Days on Market
63
Current Estimated Value
$9,499,872

Purchase Details

Listed on
Jan 2, 2019
Closed on
Apr 3, 2019
Sold by
M & B Iv Llc
Bought by
Simoes Melvin John and Simoes Childrens 2004 Trust
Seller's Agent
KC Coonc
Pacific Continental Realty LLC
Buyer's Agent
KC Coonc
Pacific Continental Realty LLC
List Price
$5,900,000
Sold Price
$5,700,000
Premium/Discount to List
-$200,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
May 6, 2014
Sold by
D M Scott Properties Llc
Bought by
M & B-Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 15, 2006
Sold by
Metcalf Shirley M
Bought by
D M Scott Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,010
Interest Rate
6.2%
Mortgage Type
Unknown

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
Cmjs Bellingham Llc $313 None Listed On Document
Simoes Melvin John $5,700,000 Whatcom Land Title
M & B-Iv Llc $450,280 Whatcom Land Title
D M Scott Properties Llc $488,280 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M & B Iv Llc $3,500,000
Previous Owner M & B-Iv Llc $300,000
Previous Owner D M Scott Properties Llc $372,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $5,700,000 -3.4% $264 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $5,900,000 0.0% $273 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $5,900,000 -- $273 / 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 $49,147 $6,636,542 $1,492,838 $5,143,704
2023 $49,147 $6,320,516 $1,421,750 $4,898,766
2022 $48,519 $6,320,516 $1,421,750 $4,898,766
2021 $46,692 $5,223,567 $1,175,000 $4,048,567
2020 $48,307 $4,744,214 $822,480 $3,921,734
2019 $35,227 $4,744,214 $822,480 $3,921,734
2018 $4,723 $3,468,785 $720,480 $2,748,305
2017 $4,519 $397,588 $397,588 $0
2016 $4,341 $397,588 $397,588 $0
2015 $4,396 $397,588 $397,588 $0
2014 -- $389,636 $389,636 $0
2013 -- $389,636 $389,636 $0
Source: Public Records

Agents Affiliated with this Home

  • KC Coonc

    Seller's Agent in 2019

    KC Coonc

    Pacific Continental Realty LLC

    (360) 483-8745

    3 in this area

    32 Total Sales

    KC Coonc
    Section Image
  • Ryan Martin

    Seller Co-Listing Agent in 2019

    Ryan Martin

    Pacific Continental Realty LLC

    (360) 671-5000

    1 in this area

    8 Total Sales

    Ryan Martin
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1396901

Northwest Multiple Listing Service (NWMLS)

APN: 380307-064018-0000

Washington Whatcom County Bellingham 98226 Meridian

194 E Bakerview Rd, Bellingham, WA

Homes for Sale in Bellingham, WA

This home is located at 194 E Bakerview Rd, Bellingham, WA 98226 since 02 January 2019 and is currently estimated at $9,499,872, approximately $440 per square foot. This property was built in 2017. 194 E Bakerview Rd is a home located in Whatcom County with nearby schools including Cordata Elementary School, Shuksan Middle School, and Squalicum High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.