Listed by Windermere Real Estate Whatcom, Bought with Muljat Group
$385,000
SOLD OCT 2, 2015
-- Bed
-- Bath
3,200 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

21% Below List Price

30 Days on Market

Highlights

  • 0.23 Acre Lot
  • Deck
  • Wall to Wall Carpet
  • Bellingham High School Rated A
  • Corner Lot
  • 5-minute walk to Cornwall Tot Lot

About This Home

As of March 2021

This classic historic fourplex sits on a corner double lot in the popular letter streets. Wonderful curb appeal and located within walking distance to many of Bellingham's amenities. These popular units have rarely ever been vacant. Each unit is 800 sq ft with 1/bed and 1/bth with built ins. Dining area is located in each charming little alcove. Easily maintained vinyl siding, new side roof and all maintenance has just been completed. Extra lot could be developed for off street parking.

Last Agent to Sell the Property

Lorraine Hoving

Windermere Real Estate Whatcom License #72782 Listed on: 07/17/2015

Windermere Real Estate Whatcom

Last Buyer's Agent

Kirk Ghio

Muljat Group License #13209

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 820585

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1915

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Concrete Foundation
  • Block Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Lettered Streets Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803302114810000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,851

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1915
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3200
  • Special Features: None
  • Cumulative Days on Market: 362

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition, Flat
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Concrete Ribbon, Post & Block
  • Property Condition: Fair
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Bellingham
  • WaterCompany: Bellingham
  • WaterSewerGarbage: 2327

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803302114810000
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 2125

Multi Family

  • Gross Scheduled Income: 2125
  • Net Operating Income: 17179
  • Number Of Units Total: 4
  • Insurance Expense: 1237
  • Leasable Area: 3200
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3851

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 25, 2021
Sold by
Lycan Robert E
Bought by
Figgess Cheryle and Figgess Neil
Seller's Agent
Bob Lycan
Keller Williams Western Realty
Buyer's Agent
Jason Custis
MJB Real Estate Group
List Price
$698,000
Sold Price
$648,000
Premium/Discount to List
-$50,000
-7.16%
Current Estimated Value
$893,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,174
Avg. Annual Appreciation
9.86%

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 29, 2018
Sold by
Miller Matthew A
Bought by
Lycan Robert E
Seller's Agent
Kirk Ghio
Muljat Group
Buyer's Agent
Bob Lycan
Keller Williams Western Realty
List Price
$533,000
Sold Price
$511,875
Premium/Discount to List
-$21,125
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$383,906
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 29, 2015
Sold by
Janeway Meva and Janeway Jerry L
Bought by
Miller Matthew A
Seller's Agent
Lorraine Hoving
Windermere Real Estate Whatcom
Buyer's Agent
Kirk Ghio
Muljat Group
List Price
$489,900
Sold Price
$385,000
Premium/Discount to List
-$104,900
-21.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$308,000
Interest Rate
3.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $648,000 Whatcom Land Title
Warranty Deed $511,875 Whatcom Land Title
Warranty Deed $385,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $383,906 New Conventional
Previous Owner $308,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $648,000 0.0% $166 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/20/2021 01/20/21 Price Changed $648,000 -7.2% $166 / Sq Ft
01/04/2021 01/04/21 For Sale $698,000 +36.4% $179 / Sq Ft
09/12/2018 09/12/18 Sold $511,875 -4.0% $131 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $533,000 0.0% $137 / Sq Ft
06/18/2018 06/18/18 For Sale $533,000 -11.0% $137 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $599,000 +55.6% $154 / Sq Ft
10/02/2015 10/02/15 Sold $385,000 -21.4% $120 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $489,900 -- $153 / 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 $6,947 $870,772 $315,577 $555,195
2023 $6,947 $892,890 $323,593 $569,297
2022 $5,674 $769,746 $278,964 $490,782
2021 $5,567 $610,910 $221,400 $389,510
2020 $5,772 $565,657 $205,000 $360,657
2019 $5,168 $566,908 $232,918 $333,990
2018 $5,204 $508,883 $209,118 $299,765
2017 $4,488 $438,132 $180,040 $258,092
2016 $3,928 $394,890 $161,560 $233,330
2015 $3,851 $359,751 $147,560 $212,191
2014 -- $341,320 $140,000 $201,320
2013 -- $365,878 $136,500 $229,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 820585

Northwest Multiple Listing Service (NWMLS)

APN: 380330-211481-0000