Listed by WestCom Properties Inc.
$2,050,000

2500 Cornwall Ave Bellingham, WA 98225

Sunnyland Neighborhood

Estimated payment $11,574/month

Total Views 2,387
-- Bed
9 Baths
6,625 Sq Ft
$309 Price per Sq Ft

Highlights

  • 0.29 Acre Lot
  • Corner Lot
  • Baseboard Heating
  • Bellingham High School Rated A
  • No HOA
  • 3-minute walk to Cornwall Tot Lot

About This Home

6 multi-family studio apartments, plus 3 commercial office spaces in this highly desirable location on the corner of Alabama and Cornwall Ave. It is currently fully occupied.

Listing Agent

Brian Finnegan

WestCom Properties Inc. License #11930 Listed on: 09/25/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2428795

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,858

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • 3803193100950000

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 9 Bathrooms
  • 6,625 Sq Ft Home
  • 2-Story Property
  • Carpet

Parking

  • 10 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Bellingham Subdivision

Listing and Financial Details

  • Legal Lot and Block 7-8 / 145
  • Assessor Parcel Number 3803193100950000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,858

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2005
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 6625
  • SOCComments: 4% Total split 50/50
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Foundation Details: Block
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803193100950000
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632
  • Additional Parcels Description: 3803193100950000
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • LotNumber: 7-8

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.82
  • LeasedItems: None
  • TotalMonthlyIncome: 11736

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9858

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 227
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $9,858 $1,393,999 $594,063 $799,936
2023 $9,858 $1,267,314 $540,075 $727,239
2022 $10,796 $1,348,207 $574,548 $773,659
2021 $11,439 $1,162,247 $495,300 $666,947
2020 $11,693 $1,162,247 $495,300 $666,947
2019 $10,216 $1,148,395 $522,275 $626,120
2018 $11,369 $1,005,976 $457,505 $548,471
2017 $9,926 $957,136 $435,293 $521,843
2016 $9,146 $873,360 $397,193 $476,167
2015 $9,452 $837,755 $381,000 $456,755
2014 -- $837,755 $381,000 $456,755
2013 -- $817,568 $361,950 $455,618
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 For Sale $2,050,000 -- $309 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,172,780 Stewart Title Company
Quit Claim Deed -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $711,000 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2428795

Northwest Multiple Listing Service (NWMLS)

APN: 380319-310095-0000

Washington Whatcom County Bellingham 98225 Sunnyland

2500 Cornwall Ave, Bellingham, WA

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Brian Finnegan
Listing Agent
Brian Finnegan
Section Image
WestCom Properties Inc.
(360) 997-0624