Listed by eXp Realty, Bought with eXp Commercial, LLC
NOT LISTED FOR SALE

2012 2014 Larrabbee Ave Bellingham, WA 98225

Happy Valley Neighborhood

Estimated Value: $687,562 - $832,000

2 Beds
1 Bath
1,800 Sq Ft
$425/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $554,000 $308 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,551/month

3 Days on Market

Highlights

  • Thermal Windows
  • Patio
  • High Speed Internet
  • Fairhaven Middle School Rated A-
  • Ceramic Tile Flooring
  • Property is Fully Fenced

About This Home

As of August 2020

Great opportunity to own this Townhome style duplex in the heart of Happy Valley. One unit has been completely renovated with new fridge & w/d still to be installed.. The other is ready for you to update or rent now as it is crisp and clean as is. Fully fenced back yard with patio. Unit 2012 has fireplace. Extremely functional layout.

Last Agent to Sell the Property

Kimberly Secord

eXp Realty License #27793 Listed on: 06/10/2020

eXp Realty

Last Buyer's Agent

Jessica Cleary

eXp Commercial, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1613596

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1976

Lot Details

  • 6,000 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Mini Split Air Conditioners
  • High Speed Internet
  • Cable TV Available

Community Details

  • Fairhaven Land Condos
  • Happy Valley Subdivision

Listing and Financial Details

  • Legal Lot and Block 5&6 / 116
  • Assessor Parcel Number 3702014530290000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,798

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Fairhaven Land
  • New Construction: No
  • CalculatedSquareFootage: 1800
  • Special Features: None
  • Cumulative Days on Market: 368

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • 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: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Wood
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 1500

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3702014530290000
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 5&6

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 22
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 38400
  • Net Operating Income: 27070
  • Number Of Units Total: 2
  • Electric Expense: 630
  • Insurance Expense: 1000
  • Leasable Area: 1800
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3798

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 19, 2020
Sold by
Graybeal Pamela J and Cooper Jimmy L
Bought by
Cleary Byron and Cleary Jessica Allen
Seller's Agent
Kimberly Secord
eXp Realty
Buyer's Agent
Jessica Cleary
eXp Commercial, LLC
List Price
$595,000
Sold Price
$554,000
Premium/Discount to List
-$41,000
-6.89%
Current Estimated Value
$765,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,641
Avg. Annual Appreciation
7.24%
Original Mortgage
$277,000
Outstanding Balance
$249,011
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$539,581

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 14, 2020
Sold by
Graybeal Pamela J
Bought by
Cleary Byron and Cleary Jessica Allen
Seller's Agent
Kimberly Secord
eXp Realty
Buyer's Agent
Jessica Cleary
eXp Commercial, LLC
List Price
$595,000
Sold Price
$554,000
Premium/Discount to List
-$41,000
-6.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Outstanding Balance
$249,011
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$539,581

Purchase Details

Closed on
Apr 6, 2018
Sold by
Crandall Jack L
Bought by
Graybeal Pamela J and Cooper Jimmy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
4.46%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Cleary Byron $554,112 Whatcom Land Title
Cleary Byron $8,966,200 Whatcom Land Title
Graybeal Pamela J $202,977 Whatcom Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleary Byron $277,000
Closed Cleary Byron $277,000
Previous Owner Graybeal Pamela J $340,000
Previous Owner Graybeal Pamela J $277,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $554,000 -6.9% $308 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $595,000 -- $331 / 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 $4,943 $613,237 $354,774 $258,463
2023 $4,943 $635,162 $367,458 $267,704
2022 $4,069 $540,566 $312,732 $227,834
2021 $3,866 $435,952 $252,210 $183,742
2020 $3,799 $382,411 $221,235 $161,176
2019 $3,397 $362,991 $210,000 $152,991
2018 $3,513 $325,519 $169,260 $156,259
2017 $3,098 $288,943 $150,240 $138,703
2016 $2,820 $266,038 $138,240 $127,798
2015 $2,776 $252,296 $131,040 $121,256
2014 -- $240,277 $124,800 $115,477
2013 -- $229,043 $120,000 $109,043
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Secord

    Seller's Agent in 2020

    Kimberly Secord

    eXp Realty

    (360) 389-0670

    4 in this area

    267 Total Sales

    Kimberly Secord
    Section Image

  • J

    Buyer's Agent in 2020

    Jessica Cleary

    eXp Commercial, LLC

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1613596

Northwest Multiple Listing Service (NWMLS)

APN: 370201-453029-0000

Washington Whatcom County Bellingham 98225 Happy Valley

2012 2014 Larrabbee Ave, Bellingham, WA

This home is located at 2012 2014 Larrabbee Ave, Bellingham, WA 98225 since 10 June 2020 and is currently estimated at $765,641, approximately $425 per square foot. This property was built in 1976. 2012 2014 Larrabbee Ave is a home located in Whatcom County with nearby schools including Lowell Elementary School, Fairhaven Middle School, and Sehome 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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