NOT LISTED FOR SALE

2406 Xenia St Unit &2408 Bellingham, WA 98229

Roosevelt Neighborhood

Estimated Value: $728,000 - $804,000

2 Beds
2 Baths
2,436 Sq Ft
$313/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $675,000 $277 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,760/month

6 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Wall to Wall Carpet
  • Kulshan Middle School Rated A-
  • Property is Fully Fenced

About This Home

As of November 2021

Two Side-by-Side Town Home Units close to Barkley Village. Each Town Home includes 3 Bedrooms, 2 Full Baths, Washer & Dryer, 1 Car garage (also plenty of space for additional parking on site). The Living Room is open to the Kitchen and a nice sized dining area. The Large grass backyard is fenced and has a nice storage shed. This a great rental unit or live in one side and rent out the other. Close to Whatcom Falls Park, Lake Whatcom, Interurban Trail System, Haggen Grocery, Barkley Shopping District, Trader Joes and the City Bus Transit System. Don't miss out on this great investment opportunity. Similar properties in the area are renting at $4,200 per month totaling over $50,000 per year.

Last Agent to Sell the Property

Keith Cook

RE/MAX Whatcom County, Inc. License #7189 Listed on: 09/24/2021

RE/MAX Whatcom County, Inc.

Co-Listed By

David Harmon

RE/MAX Whatcom County, Inc. License #20108666

Last Buyer's Agent

Anthony Petz

Petz Real Estate License #27588

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1843833

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,450

Year Built

  • Built in 1999

Lot Details

  • 7,405 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 2,436 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

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

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Alabama Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 380320541045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,450

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1999
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2436
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 280

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: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced, FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 1948

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 380320541045
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Fenced-Partially,Outbuildings
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 2700

Multi Family

  • Gross Scheduled Income: 33700
  • Net Operating Income: 26529
  • Number Of Units Total: 2
  • Insurance Expense: 773
  • Leasable Area: 2436
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4450

MLS Schools

  • Elementary School: RooseveltElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Nov 5, 2021
Sold by
Anderson Michael and Anderson Christine
Bought by
Stacy Michael and Stacy Robin
Seller's Agent
Keith Cook
RE/MAX Whatcom County, Inc.
Buyer's Agent
Anthony Petz
Petz Real Estate
List Price
$649,000
Sold Price
$675,000
Premium/Discount to List
$26,000
4.01%
Total Days on Market
6
Current Estimated Value
$763,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,161
Avg. Annual Appreciation
4.62%
Original Mortgage
$500,000
Outstanding Balance
$464,008
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$328,717

Purchase Details

Closed on
Aug 26, 2016
Sold by
Helgeson Edward A
Bought by
Anderson Michael and Anderson Christine

Purchase Details

Closed on
Aug 1, 2002
Sold by
Stephens John D
Bought by
Helgeson Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1999
Sold by
Westerop Richard and Westerop Alexandra
Bought by
Stephens John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.09%
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
Stacy Michael $675,000 Chicago Title Bellingham
Anderson Michael $366,500 Whatcom Land Title
Helgeson Edward A $220,033 First American Title Insuran
Stephens John D $230,000 Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stacy Michael $500,000
Previous Owner Helgeson Edward A $70,000
Previous Owner Stephens John D $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $675,000 +4.0% $277 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $649,000 -- $266 / 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 $5,715 $716,190 $277,092 $439,098
2023 $5,715 $734,381 $284,130 $450,251
2022 $4,667 $633,099 $244,944 $388,155
2021 $4,579 $502,459 $194,400 $308,059
2020 $4,450 $465,240 $180,000 $285,240
2019 $3,984 $437,013 $124,778 $312,235
2018 $4,012 $392,268 $112,028 $280,240
2017 $3,463 $337,731 $96,450 $241,281
2016 $3,029 $304,682 $86,550 $218,132
2015 $2,970 $277,420 $79,050 $198,370
2014 -- $263,207 $75,000 $188,207
2013 -- $246,297 $73,500 $172,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1843833

Northwest Multiple Listing Service (NWMLS)

APN: 380320-541045-0000