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

2427 Forest View Dr Bellingham, WA 98229

Estimated Value: $653,000 - $773,000

2 Beds
1 Bath
1,872 Sq Ft
$375/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $590,000 $315 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,157/month

7 Days on Market

Highlights

  • Deck
  • Territorial View
  • High Speed Internet
  • Fairhaven Middle School Rated A-
  • Slate Flooring
  • Partially Fenced Property

About This Home

As of March 2021

Nice single story duplex atop Yew St Hill on a spacious .7 acre lot! Remote and peaceful living, yet only a short drive from Whole Foods Fred Meyer, Whatcom Falls, Lake Padden, and the miles of trails on Galbraith. UNIT 2427 has just undergone many updates including new paint, carpet, lighting and plumbing fixtures. This large parcel allows for yard space and buffer from neighbors and has potential for additional future development. Great for investor or owner occupant purchaser. 3 Total storage sheds included.

Last Agent to Sell the Property

Kurt Swanson

Windermere Real Estate Whatcom License #21247 Listed on: 01/26/2021

Windermere Real Estate Whatcom

Last Buyer's Agent

Jacson Bevens

Windermere Real Estate Whatcom License #127233

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1720848

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 1978

Lot Details

  • 0.7 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Puget Subdivision

Listing and Financial Details

  • Assessor Parcel Number 370304-045478

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,917

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: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1872
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Slate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City Of Bellingham
  • WaterSewerGarbage: 1312

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 370304-045478
  • Lot Size Acres: 0.7
  • Lot Size Sq Ft: 30492
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2850

Multi Family

  • Gross Scheduled Income: 34200
  • Net Operating Income: 26843
  • Number Of Units Total: 2
  • Insurance Expense: 852
  • Leasable Area: 1872
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 23, 2021
Sold by
Denson Bradley L and Denson Carmen
Bought by
Denson Carmen
Seller's Agent
Kurt Swanson
Windermere Real Estate Whatcom
Buyer's Agent
Jacson Bevens
Windermere Real Estate Whatcom
List Price
$549,000
Sold Price
$590,000
Premium/Discount to List
$41,000
7.47%
Current Estimated Value
$702,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,230
Avg. Annual Appreciation
3.94%
Original Mortgage
$442,500
Outstanding Balance
$396,871
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$305,359

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 5, 2021
Sold by
Mogabgab Louis L and Mogabgab Joyce Kahn
Bought by
Denson Carmen
Seller's Agent
Kurt Swanson
Windermere Real Estate Whatcom
Buyer's Agent
Jacson Bevens
Windermere Real Estate Whatcom
List Price
$549,000
Sold Price
$590,000
Premium/Discount to List
$41,000
7.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Outstanding Balance
$396,871
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$305,359

Purchase Details

Closed on
Aug 24, 2012
Sold by
Mogabgab Louis L
Bought by
Mogabgab Louis L and Mogabgab Joyce Kahn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2004
Sold by
Mogabgab Alice M
Bought by
Mogabgab Louis L
Source: Public Records

Range of Values:

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Average Value
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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
Denson Carmen -- Whatcom Land Title Co Inc
Denson Carmen $590,000 Whatcom Land Title Co Inc
Mogabgab Louis L -- First American Title Ins
Mogabgab Louis L $42,517 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denson Carmen $442,500
Previous Owner Mogabgab Louis L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $590,000 +7.5% $315 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $549,000 -- $293 / 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 $5,206 $597,875 $312,539 $285,336
2023 $5,206 $619,251 $323,713 $295,538
2022 $4,488 $527,025 $275,502 $251,523
2021 $4,001 $425,031 $222,185 $202,846
2020 $3,917 $372,832 $194,898 $177,934
2019 $3,614 $353,898 $185,000 $168,898
2018 $3,766 $327,622 $162,208 $165,414
2017 $3,327 $290,810 $143,980 $146,830
2016 $3,014 $267,766 $132,480 $135,286
2015 $2,959 $253,940 $125,580 $128,360
2014 -- $241,842 $119,600 $122,242
2013 -- $230,432 $115,000 $115,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1720848

Northwest Multiple Listing Service (NWMLS)

APN: 370304-045478-0000