Listed by Windermere Real Estate Whatcom, Bought with eXp Realty
NOT LISTED FOR SALE

2222 Valencia St Bellingham, WA 98229

Roosevelt Neighborhood
-- Bed
-- Bath
7,032 Sq Ft
0.35 Acres

Last Sold September 30, 2021

Last sale price $1,730,000 $246 Per Sq Ft

28 Days on Market

Highlights

  • 0.35 Acre Lot
  • Deck
  • Vinyl Plank Flooring
  • Kulshan Middle School Rated A-
  • Patio
  • High Speed Internet

About This Home

As of September 2021

10-unit apartment complex in prime rental district. (6) 1 bed/1 bath units and (4) 2 bed/1 bath units. All units include appliances and washer/dryers. Rental rates are COVID moratorium numbers and can only go up! This building has had over $170,000 in improvements in the last 5 years, including new metal roof, new hardie siding, all new handrails and decking and all new windows throughout. Additionally seller replaced water, sewer and storm pipes prior to new pavement being installed summer of 2020. Some units have had full remodels while others have had updates to appliances and flooring. Only 3 units left with original finishes.

Last Agent to Sell the Property

Lynzi Cowden

Windermere Real Estate Whatcom License #125816 Listed on: 05/19/2021

Windermere Real Estate Whatcom

Last Buyer's Agent

Tim Cornwell

eXp Realty License #25916

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1777351

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,003

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 0.35

Home Design

  • Poured Concrete
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 7,032 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl Plank

Parking

  • 17 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 0.35 Acre Lot
  • High Speed Internet

Community Details

  • Roosevelt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803294745260000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,003

Year Built

Built in 1981 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7032
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 369

Interior Features

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

Exterior Features

  • Roof: Metal
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 17
  • Open Parking: Yes
  • Total Parking Spaces: 17
  • ParkingUncoveredSpaces: 17

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: Public
  • WaterSewerGarbage: 8404

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3803294745260000
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Industrial,Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 9925

Multi Family

  • Gross Scheduled Income: 119100
  • Net Operating Income: 86448
  • Number Of Units Total: 10
  • Electric Expense: 101
  • Insurance Expense: 3480
  • Leasable Area: 8200
  • EnergySource: Electric
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6003

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $1,730,000 -10.1% $246 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $1,925,000 0.0% $274 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $1,925,000 -- $274 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lynzi Cowden

    Seller's Agent in 2021

    Lynzi Cowden

    Windermere Real Estate Whatcom

    (360) 739-2165

    12 in this area

    75 Total Sales

    Lynzi Cowden
    Section Image
  • Tim Cornwell

    Buyer's Agent in 2021

    Tim Cornwell

    eXp Realty

    (360) 223-0190

    4 in this area

    114 Total Sales

    Tim Cornwell
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1777351

Northwest Multiple Listing Service (NWMLS)
Washington Whatcom County Bellingham 98229 Roosevelt

2222 Valencia St, Bellingham, WA

This home is located at 2222 Valencia St, Bellingham, WA 98229 since 19 May 2021. This property was built in 1981. 2222 Valencia St is a home located in Whatcom County with nearby schools including Roosevelt Elementary School, Kulshan Middle School, and Bellingham High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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