Listed by Windermere Real Estate Whatcom, Bought with RE/MAX Whatcom County, Inc.
NOT LISTED FOR SALE

Estimated Value: $727,000 - $913,000

2 Beds
1 Bath
1,560 Sq Ft
$511/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $608,000 $390 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,680/month

6 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Property is Fully Fenced
  • Fairhaven Middle School Rated A-
  • Property is in very good condition
  • Wood Siding

About This Home

As of December 2020

This well maintained duplex is situated on a large corner parcel with parking on both streets, and two side-by-side carports with storage closets. There is even a large fully fenced rear yard! The roof, most appliances and one hot water heater have been replaced recently, and the exterior was just painted and caulked a couple years ago, too! The floor plan is open and spacious with large bedrooms and an open living/dining area. This is a low maintenance and excellent investment property between Fairhaven and WWU!

Last Agent to Sell the Property

Lynda Hinton

Windermere Real Estate Whatcom License #24074 Listed on: 12/08/2020

Windermere Real Estate Whatcom

Last Buyer's Agent

Keith Cook

RE/MAX Whatcom County, Inc. License #7189

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1696288

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 1973

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 100 x 75
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Fairhaven Land Co's First Add To Fairhaven Condos
  • Fairhaven Subdivision

Listing and Financial Details

  • Legal Lot and Block 8-9 / 85
  • Assessor Parcel Number 3702014761180000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,998

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1973
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Fairhaven Land Co's First Add To Fairhaven
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 2100

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 3702014761180000
  • Lot Size Acres: 0.1722
  • Lot Size: 100 x 75
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 8-9

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21
  • LeasedItems: None
  • TotalMonthlyIncome: 2370

Multi Family

  • Gross Scheduled Income: 28440
  • Net Operating Income: 21542
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 1560
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3998

MLS Schools

  • Elementary School: Happy Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Dec 22, 2020
Sold by
Roghani Paulette
Bought by
J & M S Llc
Seller's Agent
Lynda Hinton
Windermere Real Estate Whatcom
Buyer's Agent
Keith Cook
RE/MAX Whatcom County, Inc.
List Price
$589,000
Sold Price
$608,000
Premium/Discount to List
$19,000
3.23%
Current Estimated Value
$796,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,874
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Oct 1, 2012
Sold by
The Degolier Kok Partnership
Bought by
Roghani Paulette

Purchase Details

Closed on
Jan 27, 2004
Sold by
Degolier Larry L and Degolier Beatrice M
Bought by
The Degolier Kok Partnership
Source: Public Records

Range of Values:

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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
J & M S Llc $608,000 Chicago Title Bellingham
Roghani Paulette $285,280 Chicago Title Insurance
The Degolier Kok Partnership -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $608,000 +3.2% $390 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $589,000 -- $378 / 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 $5,203 $645,422 $380,115 $265,307
2023 $5,203 $668,497 $393,705 $274,792
2022 $4,283 $568,937 $335,070 $233,867
2021 $4,069 $458,832 $270,225 $188,607
2020 $3,998 $402,482 $237,038 $165,444
2019 $3,302 $382,042 $225,000 $157,042
2018 $3,415 $316,417 $176,313 $140,104
2017 $3,012 $280,863 $156,500 $124,363
2016 $2,873 $258,586 $144,000 $114,586
2015 $2,828 $256,962 $136,500 $120,462
2014 -- $244,720 $130,000 $114,720
2013 -- $233,329 $125,000 $108,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1696288

Northwest Multiple Listing Service (NWMLS)

APN: 370201-476118-0000