Listed by Muljat Group, Bought with Keller Williams Western Realty
$750,000
SOLD JAN 29, 2021

2228 Berryman Loop Lynden, WA 98264

-- Bed
-- Bath
3,250 Sq Ft
0.37 Acres

Recently Sold

$231 Per Sq Ft

1% Below List Price

37 Days on Market

Highlights

  • Under Construction
  • Territorial View
  • Ceramic Tile Flooring

About This Home

As of July 2021

New construction 1625 sq ft per side duplex. Features 3 bedrooms, 2.5 baths, two-car garage, large open floor plan, granite countertops with tile backsplash, laminate floors downstairs with a carpeted second floor for bedrooms and hallways. Bathrooms are tile. 16,000 plus square foot lot. Gas forced air heat. Rent will be at $2,000/unit and expenses anticipated around 20% yielding a solid 5 cap.

Last Agent to Sell the Property

Jeffrey Vlasic

Muljat Group License #35756 Listed on: 11/23/2020

Muljat Group

Last Buyer's Agent

Paul Bulanov

Keller Williams Western Realty License #26243

Keller Williams Western Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1692488

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 2020 | Under Construction

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,250 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Laminate
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • 0.37 Acre Lot
  • Natural Gas Connected

Community Details

  • Berryman Estates Condos
  • Lynden Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 400315019558

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,840

Year Built

Built in 2020 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2020
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Berryman Estates
  • New Construction: Yes
  • CalculatedSquareFootage: 3250
  • EstimatedCompletionDate: 2020-12-31
  • NewConstruction: Under Construction
  • Special Features: NewHome
  • Cumulative Days on Market: 367

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Forced Air, Ceramic Tile, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Lynden
  • WaterCompany: City of Lynden
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 400315019558
  • Lot Size Acres: 0.3682
  • Lot Size Sq Ft: 16040
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 14

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 38400
  • Number Of Units Total: 2
  • Insurance Expense: 960
  • Leasable Area: 3250
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3840

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jul 9, 2021
Sold by
Apkalikov Alexey
Bought by
Virk Sarbjit S and Virk Paramjit Kaur
Seller's Agent
Paul Bulanov
Keller Williams Western Realty
Buyer's Agent
Harinderjit Singh
AgencyOne
List Price
$925,000
Sold Price
$860,000
Premium/Discount to List
-$65,000
-7.03%
Current Estimated Value
$981,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,691
Avg. Annual Appreciation
2.65%
Original Mortgage
$425,000
Outstanding Balance
$335,387
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$620,120

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 26, 2021
Sold by
Apkalikova Sofya
Bought by
Apkalikov Alexey
Seller's Agent
Jeffrey Vlasic
Muljat Group
Buyer's Agent
Paul Bulanov
Keller Williams Western Realty
List Price
$759,900
Sold Price
$750,000
Premium/Discount to List
-$9,900
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.65%
Original Mortgage
$562,500
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2019
Closed on
Sep 4, 2019
Sold by
Berryman Estates Llc
Bought by
Troske Keith and Troske Barbara
Seller's Agent
Troy Strong
Windermere Real Estate Whatcom
Buyer's Agent
Lester Van Mersbergen
Windermere Real Estate Whatcom
List Price
$188,000
Sold Price
$176,000
Premium/Discount to List
-$12,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.73%
Original Mortgage
$132,000
Interest Rate
3.5%
Mortgage Type
Commercial
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $860,000 Chicago Title Company
Quit Claim Deed -- Chicago Title Bellingham
Warranty Deed $750,000 Chicago Title Bellingham
Warranty Deed $176,006 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 New Conventional
Previous Owner $562,500 New Conventional
Previous Owner $74,000 Unknown
Previous Owner $375,000 Unknown
Previous Owner $132,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $860,000 -1.7% $265 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/03/2021 05/03/21 Price Changed $874,900 -2.7% $269 / Sq Ft
04/19/2021 04/19/21 Price Changed $899,000 -2.8% $277 / Sq Ft
03/24/2021 03/24/21 For Sale $925,000 +23.3% $285 / Sq Ft
01/29/2021 01/29/21 Sold $750,000 -1.3% $231 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $759,900 +331.8% $234 / Sq Ft
09/09/2019 09/09/19 Sold $176,000 -6.4% --
07/08/2019 07/08/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $188,000 -- --
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 $5,263 $742,256 $266,750 $475,506
2023 $5,263 $732,217 $275,000 $457,217
2022 $5,719 $750,492 $198,561 $551,931
2021 $1,118 $620,234 $164,098 $456,136
2020 $980 $110,008 $110,008 $0
2019 -- $101,392 $101,392 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1692488

Northwest Multiple Listing Service (NWMLS)

APN: 400315-019558-0000