Listed by COMPASS, Bought with Bellingham Real Estate Company
NOT LISTED FOR SALE

Estimated Value: $689,847 - $790,000

3 Beds
1 Bath
2,186 Sq Ft
$339/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $577,250 $264 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,356/month

5 Days on Market

Highlights

  • Territorial View
  • Patio
  • Wall to Wall Carpet
  • Squalicum High School Rated A-
  • Wood Siding

About This Home

As of June 2021

Time to invest in Bellingham real state as values continue to appreciate. This is a rare duplex with three bedrooms per side which helps generate a good cash flow. Conveniently located in the Roosevelt neighborhood so it's easy to rent. With each unit entering from opposite sides, it lives more like a house. Each side has a two car carport and a fenced in patio. Jump into the real estate market or add to your portfolio with this professionally managed duplex.

Last Agent to Sell the Property

Ann Wark

COMPASS License #21006887 Listed on: 03/31/2021

COMPASS

Last Buyer's Agent

Leo Cohen

Bellingham Real Estate Company License #27718

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1747893

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1980

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,186 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Community Details

  • Rood Short Plat Condos
  • Roosevelt Subdivision

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 380320241092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,544

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Rood Short Plat
  • New Construction: No
  • CalculatedSquareFootage: 2186
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

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
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 1400

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 380320241092
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: tax records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: B

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3075

Multi Family

  • Gross Scheduled Income: 36900
  • Net Operating Income: 29162
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 2186
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 27, 2021
Sold by
Bayshore Properties Llc
Bought by
Jensen Lewis
Seller's Agent
Ann Wark
COMPASS
Buyer's Agent
Leo Cohen
Bellingham Real Estate Company
List Price
$515,000
Sold Price
$577,250
Premium/Discount to List
$62,250
12.09%
Current Estimated Value
$741,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,462
Avg. Annual Appreciation
5.92%
Original Mortgage
$461,800
Outstanding Balance
$418,752
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$322,960

Purchase Details

Closed on
Aug 1, 2003
Sold by
Kittinger Richard J and Kittinger Amy E
Bought by
Bayshore Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Kittinger Richard J and Kittinger Amy E
Bought by
Kittinger Richard J and Kittinger Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2002
Sold by
Rood Kenneth O and Rood Dorothy L
Bought by
Kittinger Richard J and Kittinger Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
6.69%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jensen Lewis $577,250 Chicago Title
Bayshore Properties Llc -- --
Kittinger Richard J $54,080 Chicago Title Insurance
Kittinger Richard J $182,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Lewis $461,800
Previous Owner Kittinger Richard J $169,000
Previous Owner Kittinger Richard J $163,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2021 06/01/21 Sold $577,250 +12.1% $264 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $515,000 -- $236 / 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 $5,070 $635,340 $226,677 $408,663
2023 $5,070 $651,477 $232,434 $419,043
2022 $4,140 $561,628 $200,378 $361,250
2021 $4,062 $445,737 $159,030 $286,707
2020 $3,544 $412,719 $147,250 $265,469
2019 $3,172 $348,008 $124,778 $223,230
2018 $3,195 $312,383 $112,028 $200,355
2017 $2,756 $268,952 $96,450 $172,502
2016 $2,411 $242,502 $86,550 $155,952
2015 $2,364 $220,873 $79,050 $141,823
2014 -- $209,557 $75,000 $134,557
2013 -- $257,422 $73,500 $183,922
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1747893

Northwest Multiple Listing Service (NWMLS)

APN: 380320-241092-0000