NOT LISTED FOR SALE

213 5th St Lynden, WA 98264

Estimated Value: $473,512 - $698,000

3 Beds
1 Bath
2,131 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $262,500 $123 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,496/month

Highlights

  • Territorial View
  • Thermal Windows
  • Wall to Wall Carpet
  • Corner Lot

About This Home

As of June 2017

Great triplex opportunity in downtown Lynden! The units are in good shape, hardiplank siding, most windows have been replaced, most plumbing and electrical has been updated. Two units have main floor entrances and one unit is upstairs. The two bedroom unit also has use for the one car garage. The garage has been recently renovated. Large lot and in commercial services zoning. This is a great property with lots of potential and investment growth.

Last Agent to Sell the Property

Karen Timmer

Windermere Real Estate Whatcom License #2964 Listed on: 04/26/2017

Windermere Real Estate Whatcom

Last Buyer's Agent

Josh Baijot

Den Finder License #11495

Den Finder

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1112229

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1905

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Triplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,131 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

  • Fisher Elementary School
  • Lynden Mid Middle School
  • Lynden High School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Lynden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4003202233540000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,170

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1905
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2131
  • Special Features: VirtualTour

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Post & Block, Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Lynden
  • WaterCompany: City of Lynden
  • WaterSewerGarbage: 2574

Schools

  • Junior High Dist: Lynden
  • High School: Lynden High
  • Middle Or Junior School: Lynden Mid

Lot Info

  • Parcel Number: 4003202233540000
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Outbuildings
  • MLSLotSizeSource: assessor
  • ZoningJurisdiction: City
  • ZoningClass: See Remarks

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 2050

Multi Family

  • Gross Scheduled Income: 24600
  • Net Operating Income: 18499
  • Number Of Units Total: 6
  • Insurance Expense: 1068
  • Leasable Area: 2131
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2170

MLS Schools

  • Elementary School: Fisher Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 8, 2017
Sold by
Hull Curtis F and Hull Carolyn B
Bought by
Wiesen Eric B and Wiesen Rosanne M
Seller's Agent
Karen Timmer
Windermere Real Estate Whatcom
Buyer's Agent
Josh Baijot
Den Finder
List Price
$270,000
Sold Price
$262,500
Premium/Discount to List
-$7,500
-2.78%
Total Days on Market
0
Current Estimated Value
$578,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,628
Avg. Annual Appreciation
10.36%
Original Mortgage
$196,875
Interest Rate
4.03%
Mortgage Type
New Conventional
Source: Public Records

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    • 1 Bath
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    Section Image

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
Wiesen Eric B $262,500 Whatcom Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiesen Eric B $423,500
Closed Wiesen Eric B $196,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $262,500 -2.8% $123 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $270,000 -- $127 / 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 $3,153 $439,902 $218,250 $221,652
2023 $3,153 $438,127 $225,000 $213,127
2022 $2,834 $371,569 $162,459 $209,110
2021 $2,780 $307,078 $134,262 $172,816
2020 $2,436 $274,184 $119,880 $154,304
2019 $2,167 $251,516 $110,070 $141,446
2018 $2,368 $229,331 $100,269 $129,062
2017 $2,170 $205,844 $90,000 $115,844
2016 $2,060 $200,588 $92,400 $108,188
2015 $1,826 $189,343 $88,872 $100,471
2014 -- $182,921 $85,848 $97,073
2013 -- $181,073 $84,000 $97,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1112229

Northwest Multiple Listing Service (NWMLS)

APN: 400320-223354-0000