Listed by Keller Williams Western Realty, Bought with Muljat Group
NOT LISTED FOR SALE

Estimated Value: $734,000 - $847,000

3 Beds
2 Baths
2,080 Sq Ft
$379/Sq Ft Est. Value

Last Sold August 03, 2015

Last sale price $332,000 $160 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,731/month

255 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Wood Siding
  • Fairhaven Middle School Rated A-
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of August 2015

Attention investors! Location is everything and this two-unit townhouse style multi-family property has it in spades. Each side features 3 bedrooms, 1.5 baths, in-unit laundry room, walk-out deck and private fenced-in yard. The corner lot offers plenty of parking and is conveniently situated near WWU, interurban trail system, bus line and historic Fairhaven.

Last Agent to Sell the Property

Laurie Satushek

Keller Williams Western Realty License #26321 Listed on: 08/29/2014

Keller Williams Western Realty

Last Buyer's Agent

Gordon Neufeld

Muljat Group License #27470

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 688060

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 1979

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

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

Community Details

  • Carter's Addition To Fairhaven Condos
  • Fairhaven Subdivision

Listing and Financial Details

  • Legal Lot and Block 1, 2, & 3 / 1
  • Assessor Parcel Number 19658

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,025

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: CARTER'S ADDITION TO FAIRHAVEN
  • New Construction: No
  • CalculatedSquareFootage: 2080
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 997

Fee Information

  • Annual Fuel Expense: 200

Schools

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

Lot Info

  • Parcel Number: 19658
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: CHICAGO TITLE COMPANY
  • ZoningClass: Multi-Family
  • LotNumber: 1, 2, & 3

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2220

Multi Family

  • Gross Scheduled Income: 26640
  • Net Operating Income: 20619
  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Leasable Area: 2080
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3025

MLS Schools

  • Elementary School: Happy Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2014
Closed on
Jul 26, 2015
Sold by
Fletcher Elijah C and Fletcher Susana
Bought by
Neufeld Gordon D and Neufeld Shannon
Seller's Agent
Laurie Satushek
Keller Williams Western Realty
Buyer's Agent
Gordon Neufeld
Muljat Group
List Price
$350,000
Sold Price
$332,000
Premium/Discount to List
-$18,000
-5.14%
Current Estimated Value
$787,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,991
Avg. Annual Appreciation
9.60%
Original Mortgage
$249,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Sand John
Bought by
Fletcher Elijah C and Fletcher Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.18%
Mortgage Type
Unknown
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
Neufeld Gordon D $332,000 Whatcom Land Title
Fletcher Elijah C $340,280 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neufeld Gordon D $313,000
Closed Neufeld Gordon D $313,000
Closed Neufeld Gordon D $262,500
Closed Neufeld Gordon D $249,000
Previous Owner Fletcher Elijah C $276,500
Previous Owner Fletcher Elijah C $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Rent $2,500 0.0% --
08/03/2015 08/03/15 Sold $332,000 -5.1% $160 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
08/29/2014 08/29/14 For Sale $350,000 -- $168 / 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 $5,641 $699,819 $371,668 $328,151
2023 $5,641 $724,839 $384,956 $339,883
2022 $4,644 $616,888 $327,624 $289,264
2021 $4,412 $497,503 $264,220 $233,283
2020 $4,335 $436,403 $231,770 $204,633
2019 $3,823 $414,241 $220,000 $194,241
2018 $3,953 $366,337 $162,208 $204,129
2017 $3,487 $325,175 $143,980 $181,195
2016 $3,175 $299,430 $132,480 $166,950
2015 $3,125 $283,983 $125,580 $158,403
2014 -- $270,453 $119,600 $150,853
2013 -- $257,449 $115,000 $142,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 688060

Northwest Multiple Listing Service (NWMLS)

APN: 370212-574576-0000