NOT LISTED FOR SALE

2045 Yew Street Rd Bellingham, WA 98229

Estimated Value: $697,930 - $775,000

3 Beds
2 Baths
2,424 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $602,000 $248 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,285/month

4 Days on Market

Highlights

  • Territorial View
  • Patio
  • Partially Fenced Property
  • Fairhaven Middle School Rated A-
  • High Speed Internet
  • Wood Siding

About This Home

As of June 2021

Private Duplex located in the Bellingham Area! This property offers 2 private units each with 3 beds and 1.5 baths per side with Laminate flooring, Electric Fire place ,covered parking as well as lots of ample parking and storage.
Both units have lots of yard and patio space. Tenants pay Garbage, Electrical and maintain the lawn.
Brand new roof 2021 and septic system was new in 2017. Don’t miss out on this terrific investment property.

Last Agent to Sell the Property

Yvette Murphy

Compass Realty Solutions License #52400 Listed on: 04/16/2021

Compass Realty Solutions

Last Buyer's Agent

Jason Loeb

Windermere Real Estate Whatcom License #91977

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1758736

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,230

Year Built

  • Built in 1978

Lot Details

  • 0.35 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Wade King Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Waity's Garden Add To Seahome Condos
  • Bellingham Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 3703090824570000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,230

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Waity's Garden add to Seahome
  • New Construction: No
  • CalculatedSquareFootage: 2424
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 282

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • 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: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Yew Tree Acres Water Ass.
  • WaterSewerGarbage: 720

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 3703090824570000
  • Lot Size Acres: 0.3489
  • Lot Size Sq Ft: 15198
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3250

Multi Family

  • Gross Scheduled Income: 39000
  • Net Operating Income: 33050
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 2424
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4230
  • AdditionalTaxIds: 3703090324650000,3703090824570000

MLS Schools

  • Elementary School: Wade King Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 1, 2021
Sold by
Henifin Jaime M and Henifin Lynne M
Bought by
Elbring William
Seller's Agent
Yvette Murphy
Compass Realty Solutions
Buyer's Agent
Jason Loeb
Windermere Real Estate Whatcom
List Price
$600,000
Sold Price
$602,000
Premium/Discount to List
$2,000
0.33%
Total Days on Market
4
Current Estimated Value
$723,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,483
Avg. Annual Appreciation
5.67%
Original Mortgage
$481,600
Outstanding Balance
$440,749
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$310,395

Purchase Details

Closed on
Sep 10, 1999
Sold by
Sarwas Rome R and Sarwas Darla
Bought by
Henifin Jaime M and Henifin Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
3.85%
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
Elbring William $602,000 Whatcom Land Title Co Inc
Henifin Jaime M $143,115 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elbring William $481,600
Previous Owner Henifin Jaime M $202,200
Previous Owner Henifin Jaime M $218,000
Previous Owner Henifin Jaime M $133,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $602,000 -1.3% $248 / Sq Ft
04/21/2021 04/21/21 Price Changed $610,000 +1.7% $252 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $600,000 -- $248 / 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 $5,354 $614,950 $253,410 $361,540
2023 $5,354 $636,936 $262,470 $374,466
2022 $4,615 $542,076 $223,380 $318,696
2021 $4,114 $437,170 $180,150 $257,020
2020 $4,028 $383,479 $158,025 $225,454
2019 $3,728 $364,005 $150,000 $214,005
2018 $3,884 $337,992 $126,945 $211,047
2017 $3,433 $300,015 $112,680 $187,335
2016 $3,110 $276,287 $103,680 $172,607
2015 $3,053 $262,051 $98,280 $163,771
2014 -- $249,565 $93,600 $155,965
2013 -- $237,276 $90,000 $147,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1758736

Northwest Multiple Listing Service (NWMLS)

APN: 370309-082457-0000