Listed by Keller Williams Western Realty, Bought with Windermere Real Estate Whatcom
NOT LISTED FOR SALE

Estimated Value: $627,000 - $732,000

2 Beds
1 Bath
1,792 Sq Ft
$377/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $590,000 $329 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,993/month

5 Days on Market

Highlights

  • City View
  • No HOA
  • Baseboard Heating
  • Kulshan Middle School Rated A-
  • Thermal Windows
  • Wood Siding

About This Home

As of July 2023

Fantastic multi-family opportunity centrally located in Bellingham! At the base of Whatcom Falls Park this duplex is perfect to live on one side and rent the other or keep both current tenants in for an income property. Duplexes at this price and in this good of condition don't come often! Both sides are 2 beds, 1 bath and in great shape. Lots of natural light & useful square footage for the size. This & just 1 other property sit on a small driveway that is very private. Carport in front provides covered parking as well as spacious storage units below for each. Walking distance to trails, bus lines, businesses & more.

Last Agent to Sell the Property

Ryan Greigg

Keller Williams Western Realty License #119858 Listed on: 06/23/2023

Keller Williams Western Realty

Co-Listed By

Ben Kinney

Keller Williams Western Realty License #24329

Last Buyer's Agent

Damian Pro

Windermere Real Estate Whatcom License #74612

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2130461

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $100

Year Built

  • Built in 1994

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in average condition

Property Views

  • City
  • Territorial

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Xenia Crest Short Condos
  • Bellingham Subdivision

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 3803295264540000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$100

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1994
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Xenia Crest Short
  • New Construction: No
  • CalculatedSquareFootage: 1792
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 200

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 3803295264540000
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Taxes
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: A

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1530

Tax Info

  • Year: 2023
  • Tax Annual Amount: 100

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 33600
  • Insurance Expense: 100
  • Leasable Area: 1792
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 27, 2023
Sold by
Neill Pamela J and Neill Johnny M
Bought by
Prades James M and Prades Jana L
Seller's Agent
Ryan Greigg
Keller Williams Western Realty
Buyer's Agent
Damian Pro
Windermere Real Estate Whatcom
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Views
38
Current Estimated Value
$675,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,694
Avg. Annual Appreciation
6.33%
Original Mortgage
$442,500
Outstanding Balance
$432,190
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$243,504

Purchase Details

Closed on
Sep 14, 2017
Sold by
Investment Management Group Llc
Bought by
Neill Pamela J and Neill Johnny M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,651
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2015
Sold by
Luedtke David and Luedtke Sarah
Bought by
Investment Management Group Llc

Purchase Details

Closed on
Apr 5, 2002
Sold by
Nelson Stephen D and Kindred Phillip H
Bought by
Reif Gerald J and Hammond Garth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,310
Interest Rate
6.78%
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
Prades James M $590,000 Chicago Title
Neill Pamela J $358,411 Chicago Title Insurance
Investment Management Group Llc -- Accommodation
Reif Gerald J $145,900 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prades James M $442,500
Previous Owner Neill Pamela J $304,651
Previous Owner Reif Gerald J $131,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $590,000 -1.5% $329 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $599,000 -- $334 / 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 $4,929 $617,564 $238,607 $378,957
2023 $4,929 $633,251 $244,668 $388,583
2022 $4,024 $545,915 $210,924 $334,991
2021 $3,948 $433,266 $167,400 $265,866
2020 $3,400 $401,172 $155,000 $246,172
2019 $3,044 $333,933 $124,778 $209,155
2018 $3,065 $299,751 $112,028 $187,723
2017 $2,644 $258,076 $96,450 $161,626
2016 $2,314 $232,669 $86,550 $146,119
2015 $2,269 $211,931 $79,050 $132,881
2014 -- $201,073 $75,000 $126,073
2013 -- $195,835 $73,500 $122,335
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2130461

Northwest Multiple Listing Service (NWMLS)

APN: 380329-526454-0000