NOT LISTED FOR SALE

Estimated Value: $791,263 - $862,000

2 Beds
2 Baths
2,450 Sq Ft
$339/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $328,500 $134 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,914/month

17 Days on Market

Highlights

  • Territorial View
  • Thermal Windows
  • High Speed Internet
  • Kulshan Middle School Rated A-
  • Patio
  • Property is in very good condition

About This Home

As of September 2013

Great opportunity to become a rental investor while continuing to reside onsite. This 3BD 2BA duplex has never been listed, and has been owner occupied with a renter on other side. Very well maintained and landscaped. This is a hidden gem in the renters' market. Open layout with great natural lighting throughout the whole home. Large garage & plenty of parking. Beautiful patio off kitchen area. Tenants on 3rd year w/great rental history. Minutes to Barkley Village, Whatcom Falls, & I-5.

Last Agent to Sell the Property

Jim Sands

Global Referral Group, LLC License #97672 Listed on: 07/23/2013

Global Referral Group, LLC

Co-Listed By

John Sands

RE/MAX Whatcom County, Inc. License #107026

Last Buyer's Agent

Doug Nesbit

Windermere Real Estate Whatcom License #37488

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 521012

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,437

Year Built

  • Built in 1992

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 61x123
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Xenia Terrace Condos
  • Bellingham Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 380329532489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,437

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1992
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Xenia Terrace
  • New Construction: No
  • CalculatedSquareFootage: 2450
  • Special Features: None
  • Cumulative Days on Market: 295

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very 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: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 1102

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 380329532489
  • Lot Size Acres: 0.17
  • Lot Size: 61x123
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 2

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 27600
  • Net Operating Income: 23026
  • Number Of Units Total: 2
  • Insurance Expense: 735
  • Leasable Area: 2450
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2437

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
Greene and Nancy
Bought by
Combow Harman S
Total Days on Market
17
Current Estimated Value
$831,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Outstanding Balance
$444,644
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$381,849

Purchase Details

Listed on
Jul 23, 2013
Closed on
Sep 4, 2013
Sold by
Needham Mark A
Bought by
Greene Rick and Burke Nancy
Seller's Agent
Jim Sands
Global Referral Group, LLC
Buyer's Agent
Doug Nesbit
Windermere Real Estate Whatcom
List Price
$339,000
Sold Price
$328,500
Premium/Discount to List
-$10,500
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$249,500
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
Needham Pamela J
Bought by
Needham Mark A
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
Combow Harman S -- --
Greene Rick $328,780 Whatcom Land Title
Needham Mark A -- Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Combow Harman S $835,000
Previous Owner Greene Rick $249,500
Previous Owner Needham Mark A $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $328,500 -3.1% $134 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $339,000 -- $138 / 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 $6,029 $755,585 $238,607 $516,978
2023 $6,029 $774,777 $244,668 $530,109
2022 $4,924 $667,923 $210,924 $456,999
2021 $4,831 $530,097 $167,400 $362,697
2020 $4,227 $490,831 $155,000 $335,831
2019 $3,784 $415,106 $124,778 $290,328
2018 $3,811 $372,606 $112,028 $260,578
2017 $3,289 $320,803 $96,450 $224,353
2016 $2,877 $289,377 $86,550 $202,827
2015 $2,821 $263,502 $79,050 $184,452
2014 -- $250,002 $75,000 $175,002
2013 -- $233,795 $73,500 $160,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 521012

Northwest Multiple Listing Service (NWMLS)

APN: 380329-523489-0000