NOT LISTED FOR SALE

Estimated Value: $610,687 - $671,000

2 Beds
1 Bath
1,848 Sq Ft
$352/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $375,500 $203 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,039/month

2 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wall to Wall Carpet
  • Kulshan Middle School Rated A-

About This Home

As of April 2018

Bellingham Duplex for investors ~ 2 bedroom, 1.5 bath on each side. It's time for a rent increase. Affordable, centrally located & well maintained, new roof in 2016, newer windows & water heaters. Fenced yard & shed on both sides. Excellent for rental income or live in one side & rent the other. Close to downtown & Barkley Village w/ movie theaters, coffee shops, great restaurants & grocery shopping. Surrounded by great trails, Whatcom Falls Park, w/ close access good schools, the lake and I-5.

Last Agent to Sell the Property

Shannon Neufeld

Muljat Group License #94057 Listed on: 02/26/2018

Muljat Group

Last Buyer's Agent

Joe Hoppis

ENRG Realty License #10982

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1244977

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,091

Year Built

  • Built in 1978

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Rooseveltelem Elementary School
  • Kulshan Mid Middle School
  • Bellingham High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Ryan Short Plat Condos
  • Bellingham Subdivision

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 3803205170230000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,091

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: RYAN SHORT PLAT
  • New Construction: No
  • CalculatedSquareFootage: 1848
  • Special Features: VirtualTour
  • Cumulative Days on Market: 278

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 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: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bham
  • WaterCompany: City of Bham
  • WaterSewerGarbage: 2100

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellingham
  • High School: Bellingham High
  • Middle Or Junior School: Kulshan Mid

Lot Info

  • Parcel Number: 3803205170230000
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: C

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 19800

Multi Family

  • Gross Scheduled Income: 19800
  • Net Operating Income: 12787
  • Number Of Units Total: 2
  • Insurance Expense: 791
  • Leasable Area: 1848
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3091

MLS Schools

  • Elementary School: RooseveltElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Apr 4, 2018
Sold by
Brennan Scott P and Brennan Leslie L
Bought by
Roeter Rebecca and Schwab Jeff
Seller's Agent
Shannon Neufeld
Muljat Group
Buyer's Agent
Joe Hoppis
ENRG Realty
List Price
$347,000
Sold Price
$375,500
Premium/Discount to List
$28,500
8.21%
Total Days on Market
2
Current Estimated Value
$651,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,672
Avg. Annual Appreciation
8.07%
Original Mortgage
$369,680
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2002
Sold by
Huang Wan Shan and Huang Hai Tsao
Bought by
Brennan Scott P and Brennan Leslie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Roeter Rebecca $376,500 Chicago Title
Brennan Scott P $137,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roeter Rebecca $420,000
Closed Roeter Rebecca $420,000
Closed Schwab Jeff $369,000
Closed Roeter Rebecca $369,680
Previous Owner Brennan Scott P $119,600
Previous Owner Brennan Scott P $127,500
Previous Owner Brennan Scott P $109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2018 04/10/18 Sold $375,500 +8.2% $203 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $347,000 -- $188 / 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 $4,604 $576,850 $254,001 $322,849
2023 $4,604 $591,502 $260,453 $331,049
2022 $3,759 $509,924 $224,532 $285,392
2021 $3,688 $404,702 $178,200 $226,502
2020 $3,429 $374,724 $165,000 $209,724
2019 $3,070 $336,734 $120,618 $216,116
2018 $3,091 $302,264 $108,293 $193,971
2017 $2,667 $260,240 $93,235 $167,005
2016 $2,333 $234,647 $83,665 $150,982
2015 $2,288 $213,719 $76,415 $137,304
2014 -- $202,769 $72,500 $130,269
2013 -- $189,064 $73,500 $115,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1244977

Northwest Multiple Listing Service (NWMLS)

APN: 380320-517023-0000