Listed by Windermere Real Estate Whatcom, Bought with eXp Commercial, LLC
NOT LISTED FOR SALE

Estimated Value: $691,191 - $871,000

2 Beds
2 Baths
2,419 Sq Ft
$324/Sq Ft Est. Value

Last Sold March 20, 2013

Last sale price $275,000 $114 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $4,585/month

118 Days on Market

Highlights

  • Patio
  • High Speed Internet
  • Wall to Wall Carpet
  • Kulshan Middle School Rated A-
  • Partially Fenced Property

About This Home

As of March 2013

Solid investment opportunity to own a centrally located two 4BD/2BA units in Bellingham. Just a short walk to Barkley Village and the new Multiplex Theater or take the convenient public transportation closeby. Each unit has washer and dryer, dishwasher and refrigerator.

Last Agent to Sell the Property

Kelly Jeffrey

Windermere Real Estate Whatcom License #81042 Listed on: 06/22/2012

Windermere Real Estate Whatcom

Last Buyer's Agent

Chris Erdmann

eXp Commercial, LLC License #26073

eXp Commercial, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 381432

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1997

Lot Details

  • 4,356

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,419 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Partially Fenced Property

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38032034605100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,316

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1997
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2419
  • Special Features: 12

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 1818

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 38032034605100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1990

Multi Family

  • Gross Scheduled Income: 24840
  • Number Of Units Total: 2
  • Insurance Expense: 823
  • Leasable Area: 2419
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 2316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2005
Sold by
Stephens John D
Bought by
Adams Mike Stephen and Adams Debra L
Current Estimated Value
$784,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Outstanding Balance
$142,574
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$641,474
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adams Mike Stephen $331,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Mike Stephen $264,800
Closed Adams Mike Stephen $49,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2013 03/20/13 Sold $275,000 0.0% $114 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $275,000 -- $114 / 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 $4,938 $618,799 $261,698 $357,101
2023 $4,938 $634,516 $268,345 $366,171
2022 $4,032 $547,006 $231,336 $315,670
2021 $3,956 $434,132 $183,600 $250,532
2020 $3,967 $401,974 $170,000 $231,974
2019 $3,552 $389,622 $116,459 $273,163
2018 $3,577 $349,730 $104,559 $245,171
2017 $3,087 $301,108 $90,020 $211,088
2016 $2,700 $271,615 $80,780 $190,835
2015 $2,648 $247,326 $73,780 $173,546
2014 -- $234,655 $70,000 $164,655
2013 -- $240,860 $73,500 $167,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 381432

Northwest Multiple Listing Service (NWMLS)

APN: 380320-346051-0000