Seller's Agent in 2019
Monte Young
Bellwether Real Estate
(360) 380-0803
2 in this area
49 Total Sales
2516 Cornwall Ave Bellingham, WA 98225
Sunnyland Neighborhood
4
Beds
6
Baths
4,800
Sq Ft
6,098
Sq Ft Lot
Highlights
- City View
- Softwood Flooring
- High Speed Internet
- Bellingham High School Rated A-
- Thermal Windows
- 4-minute walk to Broadway Park
About This Home
As of February 2019Stable income stream from this amazing turn key investment property. Nearly 100K in net operating income providing a 6.23% Cap rate. Every unit re-done with new kitchens and baths and granite counters, new appliances, and cabinets. Gorgeous fir flooring. , absolutely amazing character. Sought after building with zero vacancy. Income of just under 10K per month. All units are leased. New TPO roof, plumbing and electrical upgrades. Sit back and enjoy the cash flow. GREAT VALUE/100% TURN KEY
Last Agent to Sell the Property
Bellwether Real Estate License #2871 Listed on: 08/30/2018
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1352483
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,947
Year Built
- Built in 1932
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x126
- Property is in very good condition
Parking
- Open Parking
Property Views
- City
- Territorial
Home Design
- Poured Concrete
- Stucco
Interior Spaces
- 4,800 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Softwood
- Laminate
Schools
- Whatcom Mid Middle School
- Bellingham High School
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Cornwall Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 3803193101130000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/28/2019 02/28/19 | Sold | $1,500,000 | -6.0% | $313 / Sq Ft | |
| 12/14/2018 12/14/18 | Pending | -- | -- | -- | |
| 11/13/2018 11/13/18 | Price Changed | $1,595,000 | -5.6% | $332 / Sq Ft | |
| 10/12/2018 10/12/18 | Price Changed | $1,690,000 | -3.4% | $352 / Sq Ft | |
| 08/30/2018 08/30/18 | For Sale | $1,750,000 | +113.7% | $365 / Sq Ft | |
| 11/25/2015 11/25/15 | Sold | $818,750 | -0.8% | $171 / Sq Ft | View Prior Sale |
| 07/22/2015 07/22/15 | Pending | -- | -- | -- | |
| 07/13/2015 07/13/15 | For Sale | $825,000 | -- | $172 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
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 |
|---|---|---|---|---|
| 2025 | $16,233 | $2,025,825 | $635,724 | $1,390,101 |
| 2024 | $14,030 | $1,984,245 | $594,144 | $1,390,101 |
| 2023 | $14,030 | $1,803,902 | $540,144 | $1,263,758 |
| 2022 | $13,848 | $1,803,902 | $540,144 | $1,263,758 |
| 2021 | $11,833 | $1,490,828 | $446,400 | $1,044,428 |
| 2020 | $10,342 | $1,202,281 | $360,000 | $842,281 |
| 2019 | $7,786 | $1,015,721 | $311,352 | $704,369 |
| 2018 | $7,947 | $766,704 | $311,352 | $455,352 |
| 2017 | $7,201 | $669,012 | $271,680 | $397,332 |
| 2016 | $6,917 | $633,552 | $257,280 | $376,272 |
| 2015 | $6,668 | $633,552 | $257,280 | $376,272 |
| 2014 | -- | $591,000 | $240,000 | $351,000 |
| 2013 | -- | $585,225 | $240,000 | $345,225 |
Source: Public Records
Agents Affiliated with this Home
-
Monte Young
-
Kevin Geraghty
Seller's Agent in 2015
Kevin Geraghty
Windermere RE Whatcom, Inc.
(360) 734-7500
1 in this area
42 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1352483
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Based on information submitted to the MLS GRID
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