Listed by Bellwether Real Estate, Bought with Windermere Real Estate Whatcom
NOT LISTED FOR SALE

Estimated Value: $655,000 - $838,000

2 Beds
1 Bath
1,800 Sq Ft
$403/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $380,000 $211 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,376/month

5 Days on Market

About This Home

As of July 2018

Excellent investment with great location! Townhouse style duplex in Happy Valley neighborhood. Close to Fairhaven and Western. Each unit is 900sq feet, 2 bed/1.5 bath with W/D. Off-street parking can accommodate up to 4 cars. Unit 2009 leased up until 8/23/19. Unit 2007 vacant-May be owner occupied! Shed in back for additional storage.

Last Agent to Sell the Property

Vanessa Parry

Bellwether Real Estate License #119698 Listed on: 06/22/2018

Bellwether Real Estate

Co-Listed By

Mike Parry

Bellwether Real Estate License #26677

Last Buyer's Agent

Kurt Swanson

Windermere Real Estate Whatcom License #21247

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1316340

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1976

Lot Details

  • 6,098

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Lowell Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Additional Features

  • Outbuilding
  • 6,098 Sq Ft Lot

Community Details

  • Penn Short Condos
  • Happy Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3702014480160000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,419

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1976
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Penn Short
  • New Construction: No
  • CalculatedSquareFootage: 1800
  • Special Features: None
  • Cumulative Days on Market: 357

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition, See Remarks
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 1156

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 3702014480160000
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings
  • MLSLotSizeSource: assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2125

Multi Family

  • Gross Scheduled Income: 25500
  • Net Operating Income: 18464
  • Number Of Units Total: 6
  • Insurance Expense: 616
  • Leasable Area: 1800
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3419

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2018
Sold by
Seas Holdings Llc
Bought by
Kelley Stephen Philip and Kelley Beth L
Current Estimated Value
$725,977

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jul 4, 2018
Sold by
Almanza Nicel R
Bought by
Seas Holdings Llc
Seller's Agent
Vanessa Parry
Bellwether Real Estate
Buyer's Agent
Kurt Swanson
Windermere Real Estate Whatcom
List Price
$350,000
Sold Price
$380,000
Premium/Discount to List
$30,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Aug 29, 2000
Sold by
Potts Larry A and Potts Garry A
Bought by
Almanza Nicci R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
8.2%
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
Kelley Stephen Philip -- Accommodation
Seas Holdings Llc $380,000 Chicago Title Ins
Almanza Nicci R $126,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Almanza Nicci R $113,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $380,000 +8.6% $211 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $350,000 -- $194 / 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 $5,045 $625,801 $354,774 $271,027
2023 $5,045 $648,175 $367,458 $280,717
2022 $4,153 $551,641 $312,732 $238,909
2021 $3,945 $444,884 $252,210 $192,674
2020 $3,877 $390,246 $221,235 $169,011
2019 $3,306 $370,428 $210,000 $160,428
2018 $3,419 $316,799 $169,260 $147,539
2017 $3,015 $281,203 $150,240 $130,963
2016 $2,745 $258,907 $138,240 $120,667
2015 $2,702 $245,529 $131,040 $114,489
2014 -- $233,833 $124,800 $109,033
2013 -- $222,958 $120,000 $102,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1316340

Northwest Multiple Listing Service (NWMLS)

APN: 370201-448016-0000