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

2320 Yew Street Rd Bellingham, WA 98229

10 Beds
6 Baths
4,480 Sq Ft
0.91 Acres

Last Sold March 30, 2016

Last sale price $475,000 $106 Per Sq Ft

156 Days on Market

About This Home

As of March 2016

6-Plex located in a quiet, serene location near Lake Padden. Attractive, well-maintained, professionally managed Property. Fully occupied by Tenants. New Asphalt. New Septic Improvements. State-of-the-art Glendon Septic System installed new in 2008 & permitted by the Health Department. To double the size of the existing septic system capacity, the Seller recently spent over $45,000. Septic work completed in September 2015 by a licensed contractor (all permits were obtained properly).

Last Agent to Sell the Property

Greg Martineau

Gage CRE License #50951 Listed on: 10/05/2015

Last Buyer's Agent

Rob Merhaut

RE/MAX Whatcom County, Inc. License #8258

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 856215

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,821

Year Built

  • Built in 1971

Lot Details

  • 0.91 Acre Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,480 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Open Parking

Schools

  • Wade King Elementary School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3703040643330000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,821

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4480
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 3792

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3703040643330000
  • Lot Size Acres: 0.9091
  • Lot Size Sq Ft: 39600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Title Company/Assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3850

Multi Family

  • Gross Scheduled Income: 46200
  • Net Operating Income: 32221
  • Number Of Units Total: 6
  • Electric Expense: 53
  • Insurance Expense: 1727
  • Leasable Area: 4480
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4821

MLS Schools

  • Elementary School: Wade King Elem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $475,000 -6.4% $106 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $507,500 -- $113 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 856215

Northwest Multiple Listing Service (NWMLS)