Seller's Agent in 2023
Loren Van Corbach
Windermere RE Whatcom, Inc.
(360) 303-5885
154 Total Sales
Estimated Value: $1,976,000 - $2,168,000
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
Windermere RE Whatcom, Inc. License #105445 Listed on: 03/08/2023
Last Buyer's Agent
Windermere RE Whatcom, Inc. License #105445 Listed on: 03/08/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2042992
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,850,000 | Whatcom Land Title | ||
| -- | Whatcom Land Title |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | -- |
Seller's Agent in 2023
Loren Van Corbach
Windermere RE Whatcom, Inc.
(360) 303-5885
154 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2042992
APN: 400316-452525-0000
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