Listed by Bellwether Real Estate, Bought with Keller Williams Rty Tacoma
NOT LISTED FOR SALE

Estimated Value: $757,000 - $794,978

2 Beds
2 Baths
2,442 Sq Ft
$317/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $635,000 $260 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,628/month

45 Days on Market

Highlights

  • Deck
  • Territorial View
  • High Speed Internet
  • Kulshan Middle School Rated A-
  • Cul-De-Sac
  • 4-minute walk to St Clair Park

About This Home

As of December 2021

Calling all Investors OR Buyers looking to offset mortgage costs with rental income! This well-thought-out floor plan features 2 large bedrooms (one upstairs and one downstairs for added privacy) on each side of this GREAT duplex. Both of the units include a large garage, and a fully fenced private yard for entertaining, play-dates, or your special furry friend. An easy jaunt to trails, parks and Lake Whatcom. The proximity to downtown shopping and restaurants makes this the ideal Bellingham location! The current owner has consistently rented to great long-term tenants with almost zero vacancy. If you are looking for a duplex in city limits, come and take a look soon!

Last Agent to Sell the Property

Diva Menke-Thielman

Bellwether Real Estate License #124365 Listed on: 09/27/2021

Bellwether Real Estate

Co-Listed By

Trish Gale

Bellwether Real Estate License #26948

Last Buyer's Agent

Greg Handmacher

Keller Williams Rty Tacoma License #21013661

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1845280

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1990

Lot Details

  • 8,276 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,442 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Roosevelt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803280775000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,738

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1990
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2442
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • WaterCompany: COB
  • WaterSewerGarbage: 1500

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803280775000000
  • Lot Size Acres: 0.19
  • Lot Size: 8276
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet
  • MLSLotSizeSource: Whatcom Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 26
  • LeasedItems: None
  • TotalMonthlyIncome: 2125

Multi Family

  • Gross Scheduled Income: 25500
  • Net Operating Income: 22900
  • Number Of Units Total: 2
  • Insurance Expense: 1100
  • Leasable Area: 2442
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Dec 10, 2021
Sold by
Loeb James
Bought by
Mathern Kristin
Seller's Agent
Diva Menke-Thielman
Bellwether Real Estate
Buyer's Agent
Greg Handmacher
Keller Williams Rty Tacoma
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Current Estimated Value
$774,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,495
Avg. Annual Appreciation
5.35%
Original Mortgage
$575,905
Outstanding Balance
$529,894
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$244,601

Purchase Details

Closed on
Jan 16, 2003
Sold by
Terranova Charles
Bought by
Loeb James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.96%

Purchase Details

Closed on
Jan 13, 2003
Sold by
Loeb Page
Bought by
Loeb James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.96%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mathern Kristin -- Whatcom Land Title
Mathern Kristin $635,000 Whatcom Land Title Co Inc
Loeb James $200,000 Chicago Title Insurance
Loeb James -- Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathern Kristin $575,905
Closed Mathern Kristin $575,905
Previous Owner Loeb James $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2021 12/14/21 Sold $635,000 -2.3% $260 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/07/2021 11/07/21 For Sale $650,000 0.0% $266 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/18/2021 10/18/21 Price Changed $650,000 -3.7% $266 / Sq Ft
09/27/2021 09/27/21 For Sale $675,000 -- $276 / 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 $6,066 $741,061 $246,304 $494,757
2023 $5,913 $759,884 $252,560 $507,324
2022 $4,829 $655,084 $217,728 $437,356
2021 $4,738 $519,908 $172,800 $347,108
2020 $4,333 $481,396 $160,000 $321,396
2019 $3,880 $425,590 $128,105 $297,485
2018 $3,907 $382,017 $115,015 $267,002
2017 $3,372 $328,905 $99,022 $229,883
2016 $2,949 $296,685 $88,858 $207,827
2015 $2,892 $270,157 $81,158 $188,999
2014 -- $256,316 $77,000 $179,316
2013 -- $237,150 $73,500 $163,650
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1845280

Northwest Multiple Listing Service (NWMLS)

APN: 380328-077500-0000