NOT LISTED FOR SALE

195 E Bellis Fair Pkwy Bellingham, WA 98226

Meridian Neighborhood
4.92 Acres
-- Price per Acre
214,315 Sq Ft Lot

Last Sold June 16, 2021

Last sale price $1,600,000

108 Days on Market

Highlights

  • Territorial View
  • Squalicum High School Rated A-
  • Level Lot

About This Lot

As of June 2021

Initial study indicates a potential 90 units of apartment w/ 12,000 sq ft of commercial could be built here. Seller will share preliminary plans with qualified buyers, but buyer may, after checking with the City, come up with even better uses. Very flexible zoning in a rapidly growing area.

Last Agent to Sell the Property

Patrick Starr

John L. Scott Bellingham License #23504 Listed on: 06/30/2020

John L. Scott Bellingham

Last Buyer's Agent

Patrick Starr

John L. Scott Bellingham License #23504 Listed on: 06/30/2020

John L. Scott Bellingham

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1623426

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,319

Lot Details

Additional Features

  • Territorial Views
  • Level Lot
  • Sewer in Street

Community Details

  • Bakerview Community

Listing and Financial Details

  • Assessor Parcel Number 380318066509

Property Details

Property Type

Land

Est. Annual Taxes

$12,319

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Stream/Creek
  • Style: 42 - Multi-Family
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • View: Territorial
  • Water Jurisdiction: City of Bellingham

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • Community Name: Bakerview
  • Project: Mooney's Bakerview

Schools

  • School District: BEL

Lot Info

  • General Zoning Classification: Business, Commercial, Multi-Family, Office, Residential, Retail
  • Lot Details: Paved Street
  • Lot Sq Ft: 214341
  • Parcel Number: 380318066509
  • Topography: Level
  • Zoning Jurisdiction: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Jun 7, 2021
Sold by
Sunny Oak Llc
Bought by
Bellis Fair Mhp Llc
Seller's Agent
Patrick Starr
John L. Scott Bellingham
Buyer's Agent
Patrick Starr
John L. Scott Bellingham
List Price
$1,600,000
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Outstanding Balance
$7,321,406
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 9, 2016
Closed on
Mar 6, 2017
Sold by
Gill Satvinder S and Gill Charanjit K
Bought by
Sunny Oak Llc
Seller's Agent
Paul Bulanov
Keller Williams Western Realty
Buyer's Agent
Damian Pro
Windermere Real Estate Whatcom
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%

Purchase Details

Closed on
Jun 14, 2013
Sold by
Bellis Fair Llp
Bought by
Gill Satvinder S and Gill Charanjit K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.48%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 9, 2007
Sold by
Bennett Ronald D and Bennett Marilyn J
Bought by
Bellis Fair Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 8, 2007
Sold by
Ron & Marilyn Bennett Llc
Bought by
Bennett Ronald D and Bennett Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 2006
Sold by
Bennett Ronald D and Bennett Marilyn J
Bought by
Ron & Marilyn Bennett Llc

Purchase Details

Closed on
Feb 19, 2002
Sold by
Mooney Elane
Bought by
Bennett Ron and Bennett Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,900
Interest Rate
7.04%
Mortgage Type
Seller Take Back
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
Bellis Fair Mhp Llc $1,600,000 Whatcom Land Title Co Inc
Sunny Oak Llc $950,000 Whatcom Land Title Co Inc
Gill Satvinder S $700,280 First American Title Ins
Bellis Fair Llp $950,280 First American Title Insuran
Bennett Ronald D -- First American Title Insuran
Ron & Marilyn Bennett Llc -- None Available
Bennett Ron -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellis Fair Mhp Llc $8,000,000
Previous Owner Gill Satvinder S $400,000
Previous Owner Bellis Fair Llp $0
Previous Owner Bellis Fair Llp $873,044
Previous Owner Bellis Fair Llp $850,000
Previous Owner Bennett Ron $124,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $1,600,000 0.0% --
10/16/2020 10/16/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $1,600,000 0.0% --
09/04/2020 09/04/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $1,600,000 +68.4% --
03/15/2017 03/15/17 Sold $950,000 -4.5% --
01/26/2017 01/26/17 Pending -- -- --
09/09/2016 09/09/16 For Sale $995,000 -- --
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 $12,319 $2,058,970 $2,058,970 --
2023 $12,319 $1,583,824 $1,583,824 $0
2022 $12,941 $1,616,147 $1,616,147 $0
2021 $10,121 $1,393,230 $1,393,230 $0
2020 $10,471 $1,028,376 $1,028,376 $0
2019 $9,149 $1,028,376 $1,028,376 $0
2018 $10,181 $900,841 $900,841 $0
2017 $8,889 $857,105 $857,105 $0
2016 $8,190 $782,085 $782,085 $0
2015 $8,041 $750,201 $750,201 $0
2014 -- $712,691 $712,691 $0
2013 -- $712,691 $712,691 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1623426

Northwest Multiple Listing Service (NWMLS)

APN: 380318-066509-0000