NOT LISTED FOR SALE

2550 Lake Whatcom Blvd Bellingham, WA 98229

Estimated Value: $930,000 - $1,257,000

3 Beds
2 Baths
2,100 Sq Ft
$503/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $950,000 $452 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,693/month

201 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • Kulshan Middle School Rated A-
  • RV Access or Parking
  • Fruit Trees

About This Home

As of June 2023

Beautiful Lake Whatcom home with over 100 feet of private waterfront land. Three bedroom two bath home. Custom new 50 foot private dock with rare permitted boat lift, constructed with concrete and stainless steel pilings. Lake views from every room, this is the perfect year round residence or vacation home. Very private lot with many fantastic outdoor spaces. Beautifully landscaped and well cared for, this home sites on a huge lake front lot with plenty of parking. Gorgeous rock fireplace, vaulted ceilings, multi level decks and much more. Bring your boat and enjoy all the amenities lakefront living has to offer.

Last Agent to Sell the Property

Brianna Robbins

John L. Scott Bellingham License #12673 Listed on: 11/09/2022

John L. Scott Bellingham

Last Buyer's Agent

Brianna Robbins

John L. Scott Bellingham License #12673 Listed on: 11/09/2022

John L. Scott Bellingham

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2015558

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,933

Year Built

  • Built in 1975

Lot Details

  • 0.3 Acre Lot
  • Low Bank Waterfront Property
  • 100 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in good condition

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Loft
  • Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

Parking

  • Driveway
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • The lake is a source of water for the property
  • Water Heater

Community Details

  • No Home Owners Association
  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 83885

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,933

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 17 - 1 1/2 Stry w/Bsmt
  • Year Built: 1975
  • Inclusions: Dishwasher,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • New Construction: No
  • CalculatedSquareFootage: 2100
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,068

Interior Features

  • Fireplaces: 1
  • Basement: Finished
  • Appliances: Dishwasher, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: High Efficiency - 90%+, Hot Water Recirc Pump, Laminate Hardwood, Wall to Wall Carpet, Ceiling Fan(s), Loft, Vaulted Ceiling(s), Water Heater
  • Living Area: 2100
  • Main Level Bedrooms: 1
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2100
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Refrigerator,Stove/Range

Exterior Features

  • Roof: Metal
  • View: Lake, Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Bank-High, Bank-Low, Bank-Medium, Lake
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterfrontFootage: 100

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: RV Parking, Driveway

Utilities

  • Sewer: Sewer Connected
  • Water Source: Lake
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Lake Whatcom Sewer
  • WaterCompany: Lake Whatcom
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 83885
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Fenced-Partially,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Efficiency: High Efficiency - 90%+, High Efficiency (Unspecified)
  • Power Production Type: Natural Gas, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7933

Multi Family

  • EnergySource: Natural Gas,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jun 2, 2023
Sold by
Morse David C and Morse Heather T
Bought by
Lynch Matthew J and Lynch Heather K
Seller's Agent
Brianna Robbins
John L. Scott Bellingham
Buyer's Agent
Brianna Robbins
John L. Scott Bellingham
List Price
$1,190,000
Sold Price
$950,000
Premium/Discount to List
-$240,000
-20.17%
Total Days on Market
201
Views
304
Current Estimated Value
$1,056,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,181
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Oct 7, 2010
Sold by
Morse David
Bought by
Morse David C and Morse Heather T

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
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2005
Sold by
Sano David T and Sano Katherine A
Bought by
Morse David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.26%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 20, 2005
Sold by
Sano David T and Sano Katherine A
Bought by
Sano David T and Sano Katherine A
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
Lynch Matthew J $950,000 Whatcom Land Title
Morse David C -- Whatcom Land Title
Morse David $515,280 Chicago Title Insurance
Sano David T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Matthew J $760,000
Previous Owner Morse David C $375,000
Previous Owner Morse David C $119,500
Previous Owner Morse David $359,000
Previous Owner Sano David T $691,384
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $950,000 -5.0% $452 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/03/2023 05/03/23 Price Changed $1,000,000 -16.0% $476 / Sq Ft
03/10/2023 03/10/23 For Sale $1,190,000 +25.3% $567 / Sq Ft
02/08/2023 02/08/23 Off Market $950,000 -- --
11/09/2022 11/09/22 For Sale $1,190,000 -- $567 / 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 $9,508 $1,087,435 $844,662 $242,773
2023 $9,508 $1,115,121 $866,167 $248,954
2022 $7,933 $945,036 $734,054 $210,982
2021 $7,466 $738,310 $573,480 $164,830
2020 $7,384 $683,620 $531,000 $152,620
2019 $6,937 $662,099 $516,420 $145,679
2018 $6,979 $630,544 $491,796 $138,748
2017 $6,039 $540,300 $421,344 $118,956
2016 $5,379 $487,382 $379,962 $107,420
2015 $5,326 $454,459 $356,022 $98,437
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2015558

Northwest Multiple Listing Service (NWMLS)

APN: 380431-026144-0000