Listed by COMPASS, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

Estimated Value: $1,027,000 - $1,206,098

4 Beds
2 Baths
2,621 Sq Ft
$415/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $690,000 $263 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,392/month

61 Days on Market

Highlights

  • Deck
  • Territorial View
  • Wall to Wall Carpet
  • Fairhaven Middle School Rated A-

About This Home

As of June 2020

Large 4 bedroom, 2 bathroom duplex in Happy Valley. Desirably located walking distance to WWU, Fairhaven or the Interurban trail. Super easy to keep rented. Current leases are through July 2020. Low maintenance building on a large, flat lot. Recent updates include a new roof and new carpet & paint in one unit. Try your hand at being a landlord with this easy to manage property.

Last Agent to Sell the Property

Ann Wark

COMPASS License #21006887 Listed on: 03/04/2020

COMPASS

Last Buyer's Agent

Nav Narwal

Coldwell Banker Bain License #128115

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1573185

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 1995

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x122
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,621 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Schools

  • Happy Vly Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Carter's Add To Fairhaven Condos
  • Happy Valley Subdivision

Listing and Financial Details

  • Legal Lot and Block 10,11,12 / 3
  • Assessor Parcel Number 370212546530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,328

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1995
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Carter's Add to Fairhaven
  • New Construction: No
  • CalculatedSquareFootage: 2621
  • Special Features: None
  • Cumulative Days on Market: 385

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 2520

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 370212546530
  • Lot Size Acres: 0.21
  • Lot Size: 75x122
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: tax records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 10,11,12

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4200

Multi Family

  • Gross Scheduled Income: 50400
  • Net Operating Income: 41907
  • Number Of Units Total: 2
  • Insurance Expense: 1628
  • Leasable Area: 2638
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5328

MLS Schools

  • Elementary School: Happy Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Jun 1, 2020
Sold by
Blatter Brock and Mccolloch Sally
Bought by
Toor Navdeep K
Seller's Agent
Ann Wark
COMPASS
Buyer's Agent
Nav Narwal
Coldwell Banker Bain
List Price
$725,000
Sold Price
$690,000
Premium/Discount to List
-$35,000
-4.83%
Current Estimated Value
$1,046,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,021
Avg. Annual Appreciation
8.62%
Original Mortgage
$621,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2009
Sold by
Canyon Holdings Llc Series 28
Bought by
Blatter Brock and Mccolloch Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2006
Sold by
Canyon Holdings Llc
Bought by
Canyon Holdings Llc Series 28

Purchase Details

Closed on
Mar 15, 2005
Sold by
Stebner Derek R
Bought by
Canyon Holdings Llc

Purchase Details

Closed on
Dec 13, 2001
Sold by
Stebner Kena
Bought by
Stebner Derek R
Source: Public Records

Range of Values:

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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
Toor Navdeep K $690,000 Whatcom Land Title
Blatter Brock $455,280 Whatcom Land Title
Canyon Holdings Llc Series 28 -- None Available
Canyon Holdings Llc -- --
Stebner Derek R -- Stewart Title
Stebner Derek R -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toor Navdeep Kaur $608,000
Closed Toor Navdeep K $621,000
Previous Owner Mccolloch Sally $337,800
Previous Owner Blatter Brock $341,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $690,000 -4.8% $263 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $725,000 0.0% $277 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $725,000 -- $277 / 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 $8,318 $1,032,325 $422,350 $609,975
2023 $8,318 $1,069,233 $437,450 $631,783
2022 $6,850 $909,991 $372,300 $537,691
2021 $6,508 $733,883 $300,250 $433,633
2020 $6,395 $643,752 $263,375 $380,377
2019 $5,328 $611,060 $250,000 $361,060
2018 $5,509 $510,499 $169,260 $341,239
2017 $4,860 $453,140 $150,240 $302,900
2016 $4,425 $417,327 $138,240 $279,087
2015 $4,356 $395,839 $131,040 $264,799
2014 -- $376,979 $124,800 $252,179
2013 -- $358,129 $120,000 $238,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1573185

Northwest Multiple Listing Service (NWMLS)

APN: 370212-546530-0000