Listed by Muljat Group, Bought with RE/MAX Whatcom County, Inc.
NOT LISTED FOR SALE

2012 Donovan Ave Bellingham, WA 98225

Happy Valley Neighborhood

Estimated Value: $732,000 - $837,000

2 Beds
2 Baths
1,792 Sq Ft
$434/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $680,000 $379 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,686/month

51 Days on Market

Highlights

  • Deck
  • Territorial View
  • Thermal Windows
  • Fairhaven Middle School Rated A-
  • No HOA
  • High Speed Internet

About This Home

As of October 2022

Excellent investment opportunity located in beautiful Fairhaven. This meticulously maintained duplex features 2 bedrooms / 1.5 baths in each unit. Each unit has been well cared for and features newer paint, carpet and appliances. New roof and siding were installed in 2020 making this an easy turn-key property. Unit B will be vacant in mid August making this the perfect opportunity for an owner occupied unit or to set new rates. Great Location with easy access to I-5, Interurban Trails, Fairhaven, Shopping and close proximity to WWU make this the perfect property to start or build your investment portfolio.

Last Agent to Sell the Property

Gordon Neufeld

Muljat Group License #27470 Listed on: 07/26/2022

Muljat Group

Last Buyer's Agent

Vishavjeet Dhindsa

RE/MAX Whatcom County, Inc. License #132294

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1974391

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 1980

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Happy Vly Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

  • High Speed Internet

Community Details

  • No Home Owners Association
  • Spectrum Northwest Short Place #1 Condos
  • Happy Valley Subdivision

Listing and Financial Details

  • Tax Lot Lot A
  • Assessor Parcel Number 3702124715810000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,424

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Spectrum Northwest Short Place #1
  • New Construction: No
  • CalculatedSquareFootage: 1792
  • Special Features: VirtualTour
  • Cumulative Days on Market: 403

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,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • 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: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 930

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 3702124715810000
  • Lot Size Acres: 0.14
  • Lot Size: 60x100
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: Lot A

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 2900

Multi Family

  • Gross Scheduled Income: 34800
  • Net Operating Income: 26792
  • Number Of Units Total: 2
  • Insurance Expense: 806
  • Leasable Area: 1792
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4424

MLS Schools

  • Elementary School: Happy Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Oct 3, 2022
Sold by
Degolier Larry L and Degolier Deanna J
Bought by
Mahal Maninder and Takhar Aneeta
Seller's Agent
Gordon Neufeld
Muljat Group
Buyer's Agent
Vishavjeet Dhindsa
RE/MAX Whatcom County, Inc.
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%
Current Estimated Value
$777,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,937
Avg. Annual Appreciation
5.04%
Original Mortgage
$480,000
Outstanding Balance
$463,614
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$319,779

Purchase Details

Closed on
Dec 20, 2019
Sold by
Degolier Larry L
Bought by
Degolier Larry L
Source: Public Records

Range of Values:

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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
Mahal Maninder -- Whatcom Land Title
Degolier Larry L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahal Maninder $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $680,000 -2.2% $379 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $695,000 -- $388 / 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 $5,378 $667,169 $371,668 $295,501
2023 $5,378 $691,022 $384,956 $306,066
2022 $4,427 $588,107 $327,624 $260,483
2021 $4,206 $474,293 $264,220 $210,073
2020 $4,133 $416,043 $231,770 $184,273
2019 $3,474 $394,915 $220,000 $174,915
2018 $3,592 $332,850 $148,103 $184,747
2017 $3,169 $295,450 $131,460 $163,990
2016 $2,885 $272,058 $120,960 $151,098
2015 $2,839 $258,022 $114,660 $143,362
2014 -- $245,729 $109,200 $136,529
2013 -- $233,923 $105,000 $128,923
Source: Public Records

Agents Affiliated with this Home

  • Gordon Neufeld

    Seller's Agent in 2022

    Gordon Neufeld

    Muljat Group

    (360) 393-8299

    2 in this area

    135 Total Sales

    Gordon Neufeld
    Section Image
  • Vishavjeet Dhindsa

    Buyer's Agent in 2022

    Vishavjeet Dhindsa

    RE/MAX Whatcom County

    (360) 644-0000

    1 in this area

    90 Total Sales

    Vishavjeet Dhindsa
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1974391

Northwest Multiple Listing Service (NWMLS)

APN: 370212-471581-0000

Washington Whatcom County Bellingham 98225 Happy Valley

2012 Donovan Ave, Bellingham, WA

This home is located at 2012 Donovan Ave, Bellingham, WA 98225 since 26 July 2022 and is currently estimated at $777,937, approximately $434 per square foot. This property was built in 1980. 2012 Donovan 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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