Listed by RE/MAX Whatcom County, Inc., Bought with eXp Realty
NOT LISTED FOR SALE

2306 Wilson Ave Unit A & B Bellingham, WA 98225

Happy Valley Neighborhood

Estimated Value: $807,000 - $893,000

3 Beds
3 Baths
2,176 Sq Ft
$383/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $466,000 $214 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,172/month

4 Days on Market

Highlights

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

About This Home

As of May 2017

Investor Alert! Fairhaven duplex near WWU on quiet street with nice yard, decks, & plenty of parking. Will rent for $1500 per side for $36000 annual income. Seller has done extensive repairs and maintenance, it's updated and ready to rent. Vacant. No hassles. Features new floors, cabinets, countertops, bathroom fixtures, baseboard heating units, refrigerators, DWs, lighting, interior & exterior painting, siding, & gutter repairs, replaced decks, and more. Full list available. Seller is retiring.

Last Agent to Sell the Property

Julie Carpenter

RE/MAX Whatcom County, Inc. License #19525 Listed on: 04/01/2017

RE/MAX Whatcom County, Inc.

Last Buyer's Agent

Tim Cornwell

eXp Realty License #25916

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1098980

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,524

Year Built

  • Built in 1978

Lot Details

  • 8,751 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Territorial Views

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Fairhaven Mid Middle School
  • Sehome High School

Community Details

  • Carter's Add Condos
  • Fairhaven Subdivision

Listing and Financial Details

  • Legal Lot and Block 7-835-36 / 2
  • Assessor Parcel Number 19637

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,524

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Carter's Add
  • New Construction: No
  • CalculatedSquareFootage: 2176
  • Special Features: None
  • Cumulative Days on Market: 357

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: 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
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Geothermal
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 1585

Schools

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

Lot Info

  • Parcel Number: 19637
  • Lot Size Acres: 0.2009
  • Lot Size Sq Ft: 8751
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family
  • LotNumber: 7-835-36

Green Features

  • Power Production Type: Electric, Geothermal

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Multi Family

  • Gross Scheduled Income: 36000
  • Net Operating Income: 27710
  • Number Of Units Total: 2
  • Electric Expense: 151
  • Insurance Expense: 3032
  • Leasable Area: 2176
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3524

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
May 10, 2017
Sold by
Denton Antoinette M
Bought by
922 Bjf Llc
Seller's Agent
Julie Carpenter
RE/MAX Whatcom County, Inc.
Buyer's Agent
Tim Cornwell
eXp Realty
List Price
$460,000
Sold Price
$466,000
Premium/Discount to List
$6,000
1.3%
Current Estimated Value
$861,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,846
Avg. Annual Appreciation
7.41%
Original Mortgage
$349,500
Outstanding Balance
$294,400
Interest Rate
4.14%
Mortgage Type
Commercial
Estimated Equity
$547,585
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
922 Bjf Llc $466,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 922 Bjf Llc $349,500
Previous Owner Denton Antoinette $104,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $466,000 +1.3% $214 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $460,000 -- $211 / 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 $5,717 $709,254 $371,668 $337,586
2023 $5,717 $734,612 $384,956 $349,656
2022 $4,707 $625,205 $327,624 $297,581
2021 $4,471 $504,211 $264,220 $239,991
2020 $4,394 $442,287 $231,770 $210,517
2019 $3,864 $419,826 $220,000 $199,826
2018 $3,995 $370,195 $169,260 $200,935
2017 $3,524 $328,600 $150,240 $178,360
2016 $3,208 $302,578 $138,240 $164,338
2015 $3,158 $286,965 $131,040 $155,925
2014 -- $273,293 $124,800 $148,493
2013 -- $260,220 $120,000 $140,220
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1098980

Northwest Multiple Listing Service (NWMLS)

APN: 370212-560548-0000