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Seller's Agent in 2014
Tom Langley
Summit Properties NW LLC
Estimated Value: $546,000 - $624,412
Value in property is development potential. Highest and best use indicates development as two - Tri-Plex buildings featuring 3 bedroom/2 baths units would provide significant cash flow in today's tight rental market. Total gross rents could exceed $97,200/year. NOI is very high with limited debt burden and minimal operating expenses & maintenance associated with new buildings. Cost per unit for lot is $47,500. Potential for future capital appreciation is extremely high. Buy,develop,sell!
Last Agent to Sell the Property
Tom Langley
Summit Properties NW LLC Listed on: 02/14/2014
Last Buyer's Agent
Josh Feyen
RE/MAX Whatcom County, Inc.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM593346
Home Type
Other
Est. Annual Taxes
$4,336
Year Built
1911
Lot Details
0
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Edwards Teggart | $190,280 | Whatcom Land Title | |
Swendt David A | -- | None Available |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Edwards Teggart | $152,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/20/2014 06/20/14 | Sold | $190,000 | -26.6% | $170 / Sq Ft |
06/12/2014 06/12/14 | Pending | -- | -- | -- |
06/11/2014 06/11/14 | For Sale | $259,000 | 0.0% | $231 / Sq Ft |
06/01/2014 06/01/14 | Pending | -- | -- | -- |
05/12/2014 05/12/14 | Price Changed | $259,000 | -3.7% | $231 / Sq Ft |
04/18/2014 04/18/14 | Price Changed | $269,000 | -3.8% | $240 / Sq Ft |
03/27/2014 03/27/14 | Price Changed | $279,500 | -1.9% | $250 / Sq Ft |
02/14/2014 02/14/14 | For Sale | $285,000 | -- | $254 / Sq Ft |
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 | $4,336 | $543,277 | $384,850 | $158,427 |
2023 | $4,336 | $557,076 | $394,625 | $162,451 |
2022 | $3,540 | $480,247 | $340,200 | $140,047 |
2021 | $3,473 | $381,148 | $270,000 | $111,148 |
2020 | $3,203 | $352,915 | $250,000 | $102,915 |
2019 | $2,868 | $314,608 | $291,148 | $23,460 |
2018 | $2,889 | $282,454 | $261,398 | $21,056 |
2017 | $2,481 | $243,179 | $225,050 | $18,129 |
2016 | $2,176 | $218,339 | $201,950 | $16,389 |
2015 | $2,134 | $199,355 | $184,450 | $14,905 |
2014 | -- | $189,141 | $175,000 | $14,141 |
2013 | -- | $235,366 | $183,750 | $51,616 |
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Seller's Agent in 2014
Tom Langley
Summit Properties NW LLC
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Buyer's Agent in 2014
Josh Feyen
RE/MAX Whatcom County, Inc.
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM593346
APN: 380320-237009-0000