NOT LISTED FOR SALE

Estimated Value: $953,000 - $1,214,621

2 Beds
2 Baths
2,348 Sq Ft
$448/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $358,000 $152 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $6,682/month

4 Days on Market

Highlights

  • Ocean View
  • Wood Siding
  • Wall to Wall Carpet
  • Fairhaven Middle School Rated A-

About This Home

As of March 2014

Unobstructed Bay View duplex with long term tenants. Each of the units are 1174 square feet and include a great deal of storage space.

Last Agent to Sell the Property

David Hovde

Windermere Real Estate Whatcom License #7668 Listed on: 01/27/2014

Windermere Real Estate Whatcom

Last Buyer's Agent

Jay Reilly

Windermere Real Estate Whatcom License #37983

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 586647

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 1971

Lot Details

  • 5,663 Sq Ft Lot
  • Property is in good condition

Property Views

  • Ocean
  • Bay
  • City

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,348 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Schools

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

Community Details

  • Bellingham Bay Land Co. Condos
  • Bellingham Subdivision

Listing and Financial Details

  • Legal Lot and Block 1-2 / 103
  • Assessor Parcel Number 38023638125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,461

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Bellingham Bay Land Co.
  • New Construction: No
  • CalculatedSquareFootage: 2348
  • Special Features: None
  • Cumulative Days on Market: 284

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Bay, City, Ocean
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB
  • WaterSewerGarbage: 1051

Schools

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

Lot Info

  • Parcel Number: 38023638125
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 1-2

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2160

Multi Family

  • Gross Scheduled Income: 25320
  • Net Operating Income: 19002
  • Number Of Units Total: 2
  • Insurance Expense: 731
  • Leasable Area: 2348
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3461

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Esary Brett and Drury Amy
Bought by
Esary Brett
Total Days on Market
4
Current Estimated Value
$1,051,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$445,675
Interest Rate
6.82%
Mortgage Type
Credit Line Revolving
Estimated Equity
$605,980

Purchase Details

Listed on
Jan 27, 2014
Closed on
Mar 5, 2014
Sold by
Daugert A Vivian
Bought by
State Street Properties Llc
Seller's Agent
David Hovde
Windermere Real Estate Whatcom
Buyer's Agent
Jay Reilly
Windermere Real Estate Whatcom
List Price
$344,684
Sold Price
$358,000
Premium/Discount to List
$13,316
3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$268,500
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2013
Sold by
Daugert A Vivian
Bought by
Daugert A Vivian
Source: Public Records

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Range of Values:

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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
Esary Brett $313 None Listed On Document
Esary Brett $313 None Listed On Document
State Street Properties Llc $358,280 Whatcom Land Title
Daugert A Vivian -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esary Brett $450,000
Previous Owner State Street Properties Llc $268,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $358,000 +3.9% $152 / Sq Ft
02/02/2014 02/02/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $344,684 -- $147 / 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 $9,342 $1,159,434 $722,219 $437,215
2023 $9,342 $1,200,886 $748,040 $452,846
2022 $7,656 $1,022,036 $636,633 $385,403
2021 $7,116 $824,246 $513,428 $310,818
2020 $6,988 $723,016 $450,371 $272,645
2019 $5,182 $686,299 $427,500 $258,799
2018 $5,379 $510,218 $282,100 $228,118
2017 $4,739 $452,888 $250,400 $202,488
2016 $4,317 $416,970 $230,400 $186,570
2015 $4,249 $395,418 $218,400 $177,018
2014 -- $376,581 $208,000 $168,581
2013 -- $359,189 $200,000 $159,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 586647

Northwest Multiple Listing Service (NWMLS)

APN: 380236-338125-0000