Listed by eXp Realty, Bought with Global Referral Group, LLC
NOT LISTED FOR SALE

Estimated Value: $797,000 - $946,147

5 Beds
3 Baths
3,305 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $380,000 $115 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,241/month

76 Days on Market

Highlights

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

About This Home

As of May 2013

This 3 unit investment property generates solid income. It includes a single family house that was remodeled in 2005 and a detached duplex constructed new in 2005. The current owner is a builder and constructed the duplex with higher quality finishes and low maintenance in mind. Great for the investor, or live in one unit and rent out the other two.

Last Agent to Sell the Property

Tim Cornwell

eXp Realty License #25916 Listed on: 01/23/2013

eXp Realty

Last Buyer's Agent

Chris Weitzel

Global Referral Group, LLC License #23701

Global Referral Group, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 440462

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,789

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Triplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 3,305 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Rooseveltelem Elementary School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Roosevelt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803203570640000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,789

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2005
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3305
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 1200

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3803203570640000
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2875

Multi Family

  • Gross Scheduled Income: 34500
  • Net Operating Income: 22866
  • Number Of Units Total: 3
  • Insurance Expense: 958
  • Leasable Area: 3305
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3789

MLS Schools

  • Elementary School: RooseveltElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2014
Sold by
Youngman Eric C and Youngman Susan L
Bought by
E & S Property Management Llc
Current Estimated Value
$875,037

Purchase Details

Listed on
Jan 23, 2013
Closed on
May 29, 2013
Sold by
Toledo Street Llc
Bought by
Youngman Eric C and Youngman Susan L
Seller's Agent
Tim Cornwell
eXp Realty
Buyer's Agent
Chris Weitzel
Global Referral Group, LLC
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$198,200
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2007
Sold by
Vanweerdhuizen D J and Miller Dorothy
Bought by
Toledo St Llc

Purchase Details

Closed on
Nov 18, 2003
Sold by
Durfee Jason L and Durfee Leanne M
Bought by
Vanweerdhuizen D J and Miller Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2000
Sold by
Hardt Gustav E
Bought by
Durfee Jason L and Brandt Leanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
E & S Property Management Llc -- None Available
Youngman Eric C $380,280 Chicago Title Insurance
Toledo St Llc -- Stewart Title Company
Vanweerdhuizen D J $115,000 Stewart Title Company
Durfee Jason L $82,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Youngman Eric C $198,200
Previous Owner Vanweerdhuizen D J $85,000
Previous Owner Durfee Jason L $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $380,000 -1.3% $115 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $385,000 -- $116 / 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 $7,012 $878,885 $307,880 $571,005
2023 $7,012 $901,208 $315,700 $585,508
2022 $5,727 $776,917 $272,160 $504,757
2021 $5,619 $616,601 $216,000 $400,601
2020 $5,233 $570,927 $200,000 $370,927
2019 $4,684 $513,885 $141,415 $372,470
2018 $4,717 $461,268 $126,965 $334,303
2017 $4,072 $397,138 $109,310 $287,828
2016 $3,562 $358,302 $98,090 $260,212
2015 $3,492 $326,229 $89,590 $236,639
2014 -- $309,515 $85,000 $224,515
2013 -- $393,879 $92,799 $301,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 440462

Northwest Multiple Listing Service (NWMLS)

APN: 380320-357064-0000