Seller's Agent in 2018
Steve Mullenix
Peace Arch Real Estate
(360) 318-4999
9 Total Sales
2414 J St Bellingham, WA 98225
Lettered Streets NeighborhoodEstimated Value: $718,000 - $843,427
3
Beds
2
Baths
1,944
Sq Ft
$408/Sq Ft
Est. Value
About This Home
As of June 2018Investment opportunity! Great location and cash flow in this consistently rented duplex two blocks away from Broadway Park. Close proximity to parks, schools, hospital, and downtown. Downstairs unit is 1,127 sq ft with 2 bd/1 ba, including a clawfoot bathtub and skylight. Upstairs unit is 817 sq ft with 1 bd/1 ba. Both have separate entrances and kitchens. 2 car detached garage and outbuilding. Fenced front/back yard. Rent has been kept low for amazing tenants. Month to month leases.
Last Agent to Sell the Property
Peace Arch Real Estate License #26578 Listed on: 03/19/2018
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1260028
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,131
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
- Property is Fully Fenced
Home Design
- Duplex
- Slab Foundation
- Composition Roof
- Wood Composite
Interior Spaces
- 1,944 Sq Ft Home
- 2-Story Property
Parking
- 6 Parking Spaces
- 2 Covered Spaces
- Open Parking
Schools
- Parkview Elementary School
- Whatcom Mid Middle School
- Bellingham High School
Additional Features
- Outbuilding
- Natural Gas Connected
Community Details
- Lettered Streets Subdivision
Listing and Financial Details
- Assessor Parcel Number 380319-134109
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2018
Closed on
Jun 13, 2018
Sold by
Magnes Stuart Y and Magnes Christine
Bought by
Oglesbee Paul
Seller's Agent
Steve Mullenix
Peace Arch Real Estate
Buyer's Agent
Steve Mullenix
Peace Arch Real Estate
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,107
Avg. Annual Appreciation
9.37%
Original Mortgage
$331,500
Outstanding Balance
$290,272
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$452,348
Purchase Details
Listed on
Mar 19, 2018
Closed on
Jun 8, 2018
Sold by
Oglesbee Andrea and Oglesbee Paul
Bought by
Oglesbee Paul
Seller's Agent
Steve Mullenix
Peace Arch Real Estate
Buyer's Agent
Steve Mullenix
Peace Arch Real Estate
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Outstanding Balance
$290,272
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$452,348
Purchase Details
Closed on
Apr 20, 2005
Sold by
Magnes Stuart Y and Marie Christine
Bought by
Magnes Stuart Y and Marie Christine
Purchase Details
Closed on
Oct 22, 2004
Sold by
Zweegman Brian J and Zweegman Janet L
Bought by
Magnes Stuart Y and Marie Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 21, 2001
Sold by
Bierman William L
Bought by
Zweegman Brian J and Zweegman Janet L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,084
Interest Rate
7.15%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 14, 1999
Sold by
Brown Joe R
Bought by
Bierman William L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.77%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oglesbee Paul | $390,000 | Whatcom Land Title | |
| Oglesbee Paul | -- | Whatcom Land Title | |
| Magnes Stuart Y | -- | First American Title Ins Co | |
| Magnes Stuart Y | $237,500 | First American Title Insuran | |
| Zweegman Brian J | $124,000 | First American Title Insuran | |
| Bierman William L | $105,000 | Whatcom Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oglesbee Paul | $331,500 | |
| Previous Owner | Magnes Stuart Y | $190,000 | |
| Previous Owner | Zweegman Brian J | $122,084 | |
| Previous Owner | Bierman William L | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2018 06/21/18 | Sold | $390,000 | -13.3% | $201 / Sq Ft |
| 04/27/2018 04/27/18 | Pending | -- | -- | -- |
| 04/26/2018 04/26/18 | For Sale | $450,000 | 0.0% | $231 / Sq Ft |
| 04/19/2018 04/19/18 | Pending | -- | -- | -- |
| 04/07/2018 04/07/18 | For Sale | $450,000 | 0.0% | $231 / Sq Ft |
| 04/04/2018 04/04/18 | Pending | -- | -- | -- |
| 03/19/2018 03/19/18 | For Sale | $450,000 | -- | $231 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $5,581 | $699,453 | $292,486 | $406,967 |
| 2023 | $5,581 | $717,218 | $299,915 | $417,303 |
| 2022 | $4,558 | $618,303 | $258,552 | $359,751 |
| 2021 | $4,472 | $490,716 | $205,200 | $285,516 |
| 2020 | $4,027 | $454,367 | $190,000 | $264,367 |
| 2019 | $3,605 | $395,465 | $166,370 | $229,095 |
| 2018 | $3,630 | $354,989 | $149,370 | $205,619 |
| 2017 | $3,131 | $305,634 | $128,600 | $177,034 |
| 2016 | $2,740 | $275,449 | $115,400 | $160,049 |
| 2015 | $2,686 | $250,949 | $105,400 | $145,549 |
| 2014 | -- | $238,092 | $100,000 | $138,092 |
| 2013 | -- | $200,297 | $73,500 | $126,797 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Mullenix
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1260028
APN: 380319-134109-0000
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