NOT LISTED FOR SALE

Estimated Value: $901,000 - $1,124,000

4 Beds
2 Baths
3,360 Sq Ft
$309/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $792,000 $236 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,552/month

6 Days on Market

Highlights

  • 0.35 Acre Lot
  • Patio
  • Wood Siding
  • Kulshan Middle School Rated A-
  • High Speed Internet
  • Vinyl Flooring

About This Home

As of August 2020

Fabulous investment 4 plex that is made up of 2 single level duplexes set on a spacious corner lot close to restaurants and shopping. Several of the units have been updated and there are 4 carport spaces (with additional storage for each unit), 4 uncovered spaces and it is also on the bus line for ultimate convenience. Each unit has laundry and outdoor space and 3 of the 4 are leased through spring 2021 so everything is in place!

Last Agent to Sell the Property

Becky Brunk

Coldwell Banker Bain License #122097 Listed on: 06/26/2020

Coldwell Banker Bain

Last Buyer's Agent

Brent Mcmillan

Windermere Real Estate Whatcom License #117585

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1618019

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,992

Year Built

  • Built in 1971

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 127 x 120
  • Property is in good condition

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,360 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • High Speed Internet

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803205510780000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,992

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3360
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 278

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Forced Air
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB
  • WaterSewerGarbage: 4479

Schools

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

Lot Info

  • Parcel Number: 3803205510780000
  • Lot Size Acres: 0.35
  • Lot Size: 127 x 120
  • Lot Size Sq Ft: 15246
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4915

Multi Family

  • Gross Scheduled Income: 58980
  • Net Operating Income: 48009
  • Number Of Units Total: 4
  • Electric Expense: 316
  • Insurance Expense: 1500
  • Leasable Area: 3360
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4992

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 7, 2020
Sold by
Shokeir Cheryl Marie
Bought by
Self Laverne Bernadette and Self Michael Allen
Seller's Agent
Becky Brunk
Coldwell Banker Bain
Buyer's Agent
Brent Mcmillan
Windermere Real Estate Whatcom
List Price
$810,000
Sold Price
$792,000
Premium/Discount to List
-$18,000
-2.22%
Total Days on Market
6
Current Estimated Value
$1,036,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,946
Avg. Annual Appreciation
5.76%
Original Mortgage
$594,000
Outstanding Balance
$532,811
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$504,135

Purchase Details

Closed on
Aug 27, 2014
Sold by
Shokeir Cheryl Marie
Bought by
Shokeir Marc O

Purchase Details

Closed on
Mar 27, 2013
Sold by
Iogm Llc
Bought by
Shokeir Marc O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2007
Sold by
Shokeir Marc O
Bought by
Iogm Llc

Purchase Details

Closed on
Oct 30, 2006
Sold by
Shokeir Cheryl
Bought by
Shokeir Marc O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2006
Sold by
J Mac Llc
Bought by
Shokeir Marc O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Mccartney Justin
Bought by
J Mac Llc

Purchase Details

Closed on
Aug 4, 1999
Sold by
Romjue Edwin E and Romjue Donna S
Bought by
Mccartney Justin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,473
Interest Rate
7.64%
Mortgage Type
FHA
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
Self Laverne Bernadette $792,000 Whatcom Land Title
Shokeir Marc O -- None Available
Shokeir Marc O -- Whatcom Land Title Co Inc
Iogm Llc -- None Available
Shokeir Marc O -- First American Title Insuran
Shokeir Marc O $512,480 First American Title Insuran
J Mac Llc -- --
Mccartney Justin M $223,000 Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Self Laverne Bernadette $594,000
Previous Owner Shokeir Marc O $268,000
Previous Owner Shokeir Marc O $375,000
Previous Owner Mccartney Justin M $123,000
Previous Owner Mccartney Justin M $250,000
Previous Owner Mccartney Justin M $221,473
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $792,000 -2.2% $236 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $810,000 -- $241 / 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 $8,770 $1,099,449 $461,820 $637,629
2023 $8,770 $1,127,374 $473,550 $653,824
2022 $7,165 $971,891 $408,240 $563,651
2021 $7,029 $771,343 $324,000 $447,343
2020 $5,576 $714,206 $300,000 $414,206
2019 $4,992 $547,584 $166,370 $381,214
2018 $5,027 $491,522 $149,370 $342,152
2017 $4,338 $423,186 $128,600 $294,586
2016 $3,795 $381,722 $115,400 $266,322
2015 $3,721 $347,594 $105,400 $242,194
2014 -- $329,786 $100,000 $229,786
2013 -- $308,062 $88,200 $219,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1618019

Northwest Multiple Listing Service (NWMLS)

APN: 380320-551078-0000