Seller's Agent in 2023
Peter Hiatt
Westlake Associates, Inc.
(206) 505-9416
1 in this area
3 Total Sales
Listed by Westlake Associates, Inc.
2000 Alabama St Bellingham, WA 98229
Roosevelt Neighborhood
--
Bed
--
Bath
6,240
Sq Ft
0.35
Acres Lot
Highlights
- 0.35 Acre Lot
- Wood Flooring
- Baseboard Heating
- Kulshan Middle School Rated A-
- No HOA
About This Home
As of September 2023The apartment is a 10-Unit, 2-Story Building in the Roosevelt neighborhood, one of Bellingham's most populous rental districts. Built in 1976, it is comprised of mostly renovated and well-maintained 1-Bed, 1 Bath units all averaging 600 square feet. There is a mix of single and double pane windows, and brand-new screens and gutters have been installed. The exterior was painted in 2021, and the concrete in the parking lot was replaced in 2022. There is a current In-Place Cap Rate of 6.21% with additional upside opportunities and potential for higher rents.
Last Agent to Sell the Property
Westlake Associates, Inc. License #3015 Listed on: 04/19/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2057904
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,383
Year Built
- Built in 1976
Lot Details
- 0.35
Parking
- Open Parking
Home Design
- Composition Roof
- Wood Composite
Interior Spaces
- 6,240 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Wall to Wall Carpet
- Vinyl Plank
Additional Features
- 15,246 Sq Ft Lot
- Baseboard Heating
Community Details
- No Home Owners Association
- Roosevelt Subdivision
Listing and Financial Details
- Assessor Parcel Number 3803204410770000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/19/2023 09/19/23 | Sold | $1,482,500 | -12.8% | $238 / Sq Ft | |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- | |
| 04/19/2023 04/19/23 | For Sale | $1,700,000 | +6.3% | $272 / Sq Ft | |
| 12/14/2021 12/14/21 | Sold | $1,600,000 | 0.0% | $256 / Sq Ft | View Prior Sale |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- | |
| 09/14/2021 09/14/21 | Price Changed | $1,600,000 | 0.0% | $256 / Sq Ft | |
| 09/14/2021 09/14/21 | For Sale | $1,600,000 | +4.9% | $256 / Sq Ft | |
| 08/12/2021 08/12/21 | Pending | -- | -- | -- | |
| 08/05/2021 08/05/21 | For Sale | $1,525,000 | -- | $244 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
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 |
|---|---|---|---|---|
| 2025 | $12,119 | $1,527,337 | $706,360 | $820,977 |
| 2024 | $10,474 | $1,481,137 | $660,160 | $820,977 |
| 2023 | $10,474 | $1,346,520 | $600,160 | $746,360 |
| 2022 | $10,337 | $1,346,520 | $600,160 | $746,360 |
| 2021 | $8,832 | $1,112,827 | $496,000 | $616,827 |
| 2020 | $7,939 | $897,441 | $400,000 | $497,441 |
| 2019 | $7,918 | $779,677 | $324,325 | $455,352 |
| 2018 | $8,081 | $779,677 | $324,325 | $455,352 |
| 2017 | $7,322 | $680,332 | $283,000 | $397,332 |
| 2016 | $7,034 | $644,272 | $268,000 | $376,272 |
| 2015 | $6,781 | $644,272 | $268,000 | $376,272 |
| 2014 | -- | $601,000 | $250,000 | $351,000 |
| 2013 | -- | $591,500 | $250,000 | $341,500 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Hiatt
-
Spencer Flannery
Seller's Agent in 2021
Spencer Flannery
RE/MAX Whatcom County
(360) 383-6002
6 in this area
108 Total Sales
-
Steve Fischer
Buyer's Agent in 2021
Steve Fischer
Northmarq Multifamily, LLC
(206) 505-9435
4 in this area
25 Total Sales
-
Tyler Smith
Buyer Co-Listing Agent in 2021
Tyler Smith
Northmarq Multifamily, LLC
(206) 505-9425
3 in this area
7 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2057904
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Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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