Listed by Global Referral Group, LLC
NOT LISTED FOR SALE

Estimated Value: $756,000 - $855,000

2 Beds
2 Baths
2,460 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $450,000 $183 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,794/month

46 Days on Market

Highlights

  • Territorial View
  • Thermal Windows
  • Wood Siding
  • Kulshan Middle School Rated A-
  • High Speed Internet
  • 3-minute walk to St Clair Park

About This Home

As of August 2018

Fantastic investment opportunity! Duplex w/two 2BR/2BA units, located in Alabama Hills Neighborhood near Whatcom Falls Park, Bloedel Donovan Park & Lake Whatcom. New exterior paint & decks! Both units renewed year-long lease for 2019. Units feat. open floor plans, spacious decks, sound insulation, single-car garage & a large shared backyard. Unit A feat. cathedral ceilings, fireplace & 1272 sqft. Unit B faces westward w/scenic territorial views & 1188 sqft. Plus, 4 uncovered parking spaces.

Last Agent to Sell the Property

Chris Weitzel

Global Referral Group, LLC License #23701 Listed on: 07/09/2018

Global Referral Group, LLC

Co-Listed By

Carmen Andrew

RE/MAX Whatcom County, Inc. License #23002859

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1324752

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 1989

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,460 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Geneva Elementary School
  • Kulshan Mid Middle School
  • Bellingham High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803280774700000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,300

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1989
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2460
  • SOCComments: We look forward to working with you!
  • Special Features: None
  • Cumulative Days on Market: 382

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 1320

Schools

  • Junior High Dist: Bellingham
  • High School: Bellingham High
  • Middle Or Junior School: Kulshan Mid

Lot Info

  • Parcel Number: 3803280774700000
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet
  • MLSLotSizeSource: realist
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2520

Multi Family

  • Gross Scheduled Income: 30240
  • Net Operating Income: 19670
  • Number Of Units Total: 2
  • Insurance Expense: 1500
  • Leasable Area: 2460
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3300

MLS Schools

  • Elementary School: Geneva Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Aug 29, 2018
Sold by
Wong Siu Yung
Bought by
Wilson Nathaniel M and Wilson Christy
Seller's Agent
Chris Weitzel
Global Referral Group, LLC
List Price
$480,000
Sold Price
$450,000
Premium/Discount to List
-$30,000
-6.25%
Current Estimated Value
$779,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,223
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
May 10, 2018
Sold by
Ma Matthew
Bought by
Wong Siu Yung

Purchase Details

Closed on
Aug 17, 2005
Sold by
Mccarrell Patrick D and Mccarrell Saundra J
Bought by
Ma Matthew and Wong Siu Yung

Purchase Details

Closed on
May 11, 2001
Sold by
Schielke Wallace I and Schielke Sherrie A
Bought by
Mccarrell Patrick D and Mccarrell Saundra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.03%
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
Wilson Nathaniel M $450,000 Chicago Title Insurance
Wong Siu Yung -- None Available
Ma Matthew $343,180 Chicago Title Insurance
Mccarrell Patrick D -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Nathaniel M $447,000
Previous Owner Mccarrell Patrick D $182,855
Previous Owner Mccarrell Patrick D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $450,000 -4.2% $183 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/08/2018 08/08/18 Price Changed $469,900 -2.1% $191 / Sq Ft
07/09/2018 07/09/18 For Sale $480,000 -- $195 / 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 $5,879 $736,769 $246,304 $490,465
2023 $5,879 $755,483 $252,560 $502,923
2022 $4,801 $651,290 $217,728 $433,562
2021 $4,710 $516,897 $172,800 $344,097
2020 $4,280 $478,608 $160,000 $318,608
2019 $3,832 $420,323 $128,105 $292,218
2018 $3,858 $377,289 $115,015 $262,274
2017 $3,330 $324,835 $99,022 $225,813
2016 $2,913 $293,005 $88,858 $204,147
2015 $2,856 $266,811 $81,158 $185,653
2014 -- $253,141 $77,000 $176,141
2013 -- $238,002 $73,500 $164,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1324752

Northwest Multiple Listing Service (NWMLS)

APN: 380328-077470-0000