NOT LISTED FOR SALE

2209 Dejong Dr Lynden, WA 98264

Estimated Value: $1,645,000 - $2,040,000

3 Beds
2 Baths
5,863 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $1,850,000 $316 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,979/month

44 Days on Market

Highlights

  • New Construction
  • No HOA
  • Vinyl Plank Flooring
  • Territorial View
  • Tankless Water Heater
  • Property is in very good condition

About This Home

As of May 2023

Ultimate investment opportunity! New 4-plex recently finished and fully occupied designed by JWR design and constructed by West Coast Developers promising a great use of space & quality construction demanding top rent! (2) 3-bed units with single car garages & (2) 4-bed units with double car garages. Tenants pay all utilities. Property generates a GSI of $118k with low expenses resulting in a robust NOI of $98k and a healthy Cap Rate of 5.3%. Current numbers reflect a management fee of $8,280. If self managed cap rate increases to 5.7%! 7" wide plank floors, presidential carpet, ductless mini splits providing AC & heat, sparkling white quartz counters, & Whirpool stainless appliances. Fully landscaped, patios, & a low maintenance yard.

Last Agent to Sell the Property

Loren Van Corbach

Windermere Real Estate Whatcom License #105445 Listed on: 03/08/2023

Windermere Real Estate Whatcom

Last Buyer's Agent

Loren Van Corbach

Windermere Real Estate Whatcom License #105445 Listed on: 03/08/2023

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2042992

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,926

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.31 Acre Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 5,863 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 15 Parking Spaces
  • 6 Covered Spaces
  • Open Parking

Schools

  • Lynden Mid Middle School
  • Lynden High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Lynden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4003164525340000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,926

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2022
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 5863
  • NewConstruction: Completed
  • Special Features: NewHome

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Stone
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 15

Utilities

  • Sewer: Sewer Connected
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Tankless Water Heater, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Lynden
  • WaterCompany: City of Lynden
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 4003164525340000
  • Lot Size Acres: 0.3099
  • Lot Size Sq Ft: 13500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15.63
  • LeasedItems: None
  • TotalMonthlyIncome: 9860

Tax Info

  • Year: 2023
  • Tax Annual Amount: 9926

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
May 5, 2023
Sold by
West Coast Developers Llc
Bought by
Mckim Jeremy Kenneth and Mckim Sydel Elizabeth
Seller's Agent
Loren Van Corbach
Windermere Real Estate Whatcom
Buyer's Agent
Loren Van Corbach
Windermere Real Estate Whatcom
List Price
$1,850,000
Sold Price
$1,850,000
Views
11
Current Estimated Value
$1,887,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,027
Avg. Annual Appreciation
0.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mckim Jeremy Kenneth $1,850,000 Whatcom Land Title
West Coast Developers Llc -- Whatcom Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2023 05/09/23 Sold $1,850,000 0.0% $316 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $1,850,000 -- $316 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2025 $11,584 $1,525,019 $300,108 $1,224,911
2024 $10,693 $1,529,545 $266,750 $1,262,795
2023 $10,693 $1,489,226 $275,000 $1,214,226
2022 $506 $1,216,201 $361,020 $855,181
2021 $506 $54,417 $54,417 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2042992

Northwest Multiple Listing Service (NWMLS)

APN: 400316-452525-0000