Listed by Muljat Group, Bought with Keller Williams Western Realty
$715,000
SOLD DEC 19, 2024
6 Beds
4 Baths
2,562 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$279 Per Sq Ft

4 Days on Market

Highlights

  • Deck
  • Territorial View
  • Thermal Windows
  • Kulshan Middle School Rated A-
  • No HOA
  • Patio

About This Home

As of December 2024

Centrally located duplex close to bus lines, trails, shopping, Barkley village and more. 3 bed/1.5 bath per side. Unit #2509 currently rented for $1,760 per month on a month-to-month lease, under market rent. Adjacent vacant Unit #2511 recently remodeled from top to bottom. Upgrades include new LVP flooring, carpet, fresh interior/exterior paint, stainless appliances, cabinets, quartz countertops and updated lighting throughout. Roof replaced in 2018. Perfect for savvy investor or buyer looking to offset mortgage with rental income. Add to your investment portfolio, or live in one side and rent the other.

Last Agent to Sell the Property

Adrik Brashear

Muljat Group License #123349 Listed on: 11/14/2024

Muljat Group

Co-Listed By

Ty Jackson

Muljat Group License #23170

Last Buyer's Agent

Nathan Quessenberry

Keller Williams Western Realty License #104388

Keller Williams Western Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2310414

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,926

Year Built

  • Built in 1994

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,562 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Roosevelt Elementary School
  • Kulshan Mid Middle School
  • Bellingham High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Roosevelt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 380321-051047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,926

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1994
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2562
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thank you for your hard work
  • Special Features: None
  • Cumulative Days on Market: 228

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 5198

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham
  • High School: Bellingham High
  • Middle Or Junior School: Kulshan Mid

Lot Info

  • Parcel Number: 380321-051047
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 14.9
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 30963
  • Number Of Units Total: 2
  • Electric Expense: 10
  • Insurance Expense: 1488
  • Leasable Area: 2562
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5926.05

MLS Schools

  • Elementary School: Roosevelt Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Dec 16, 2024
Sold by
Dahlstrom Richard P and Dahlstrom Donna R
Bought by
Messmer Matthew and Bradford Leah
Seller's Agent
Adrik Brashear
Muljat Group
Buyer's Agent
Nathan Quessenberry
Keller Williams Western Realty
List Price
$715,000
Sold Price
$715,000
Views
14
Current Estimated Value
$758,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,792
Avg. Annual Appreciation
5.23%
Original Mortgage
$500,500
Outstanding Balance
$498,775
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$242,216

Purchase Details

Closed on
Mar 31, 2004
Sold by
Lum Yet Man
Bought by
Dahlstrom Richard P and Dahlstrom Donna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $715,000 Chicago Title
Warranty Deed $229,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,500 New Conventional
Previous Owner $183,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $715,000 0.0% $279 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $715,000 -- $279 / 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 $5,926 $742,685 $238,607 $504,078
2023 $5,926 $761,549 $244,668 $516,881
2022 $4,840 $656,519 $210,924 $445,595
2021 $4,748 $521,047 $167,400 $353,647
2020 $4,175 $482,451 $155,000 $327,451
2019 $3,738 $410,005 $124,778 $285,227
2018 $3,764 $368,027 $112,028 $255,999
2017 $3,248 $316,860 $96,450 $220,410
2016 $2,841 $285,813 $86,550 $199,263
2015 $2,786 $260,261 $79,050 $181,211
2014 -- $246,927 $75,000 $171,927
2013 -- $237,546 $73,500 $164,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2310414

Northwest Multiple Listing Service (NWMLS)

APN: 380321-051047-0000