Listed by Keller Williams Western Realty, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

Estimated Value: $700,000 - $839,000

2 Beds
2 Baths
1,800 Sq Ft
$417/Sq Ft Est. Value

Last Sold October 15, 2013

Last sale price $265,800 $148 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $4,478/month

111 Days on Market

Highlights

  • Territorial View
  • Patio
  • Wall to Wall Carpet
  • Fairhaven Middle School Rated A-
  • High Speed Internet

About This Home

As of October 2013

Excellent Investment Opportunity Near WWU! Happy Valley Duplex with spacious 900 sq ft units featuring 2 Bedrooms, 1.5 Baths each, wood burning fireplaces and patios in rear private yard. Great Location with easy access to I-5, Interurban Trails, Fairhaven, Shopping and close proximity to WWU. These as University rentals could easily rent for $950.00 each.

Last Agent to Sell the Property

Bob Lycan

Keller Williams Western Realty License #2170 Listed on: 05/10/2013

Last Buyer's Agent

Lori Jo Smith

Coldwell Banker Bain License #33536

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 485685

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,376

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
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • 6,098 Sq Ft Lot

Community Details

  • Happy Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3702014530160000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,376

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
  • CalculatedSquareFootage: 1800
  • Special Features: None
  • Cumulative Days on Market: 477

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • 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: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 160

Schools

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

Lot Info

  • Parcel Number: 3702014530160000
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1775

Multi Family

  • Gross Scheduled Income: 21300
  • Net Operating Income: 17519
  • Number Of Units Total: 2
  • Insurance Expense: 645
  • Leasable Area: 1800
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 2376

MLS Schools

  • Elementary School: Larrabee Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2015
Sold by
Stein David A and Stein Ruth E
Bought by
Stein Jesse J
Current Estimated Value
$750,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$127,544
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$616,233

Purchase Details

Listed on
May 10, 2013
Closed on
Oct 3, 2013
Sold by
Boos Walter R and Boos Paula F
Bought by
Stein David A and Stein Ruth E
Seller's Agent
Bob Lycan
Keller Williams Western Realty
Buyer's Agent
Lori Jo Smith
Coldwell Banker Bain
List Price
$289,800
Sold Price
$265,800
Premium/Discount to List
-$24,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$159,480
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2007
Sold by
Jewell Ralph H and Jewell Jean A
Bought by
Boos Walter R and Boos Paula F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,425
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2002
Sold by
Henry Lung Holdings Ltd
Bought by
Jewell Ralph H and Jewell Jean A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.62%
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
Stein Jesse J -- Whatcom Land Title
Stein David A $266,080 Whatcom Land Title
Boos Walter R $290,180 Chicago Title Insurance
Jewell Ralph H -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stein Jesse J $162,000
Closed Stein David A $159,480
Previous Owner Boos Walter R $206,800
Previous Owner Boos Walter R $217,425
Previous Owner Jewell Ralph H $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2013 10/15/13 Sold $265,800 -8.3% $148 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $289,800 -- $161 / 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 $5,028 $623,801 $354,774 $269,027
2023 $5,028 $646,103 $367,458 $278,645
2022 $4,140 $549,878 $312,732 $237,146
2021 $3,933 $443,462 $252,210 $191,252
2020 $3,864 $388,999 $221,235 $167,764
2019 $3,491 $369,244 $210,000 $159,244
2018 $3,610 $334,531 $169,260 $165,271
2017 $3,184 $296,942 $150,240 $146,702
2016 $2,899 $273,409 $138,240 $135,169
2015 $2,853 $259,289 $131,040 $128,249
2014 -- $246,937 $124,800 $122,137
2013 -- $235,332 $120,000 $115,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 485685

Northwest Multiple Listing Service (NWMLS)

APN: 370201-453016-0000