Listed by Bellwether Real Estate, Bought with Utopia Management Inc
NOT LISTED FOR SALE

2601 Patton St Bellingham, WA 98225

Birchwood Neighborhood

Estimated Value: $1,235,000 - $1,363,000

3 Beds
2 Baths
3,810 Sq Ft
$342/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $1,125,000 $295 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,892/month

8 Days on Market

Highlights

  • Views of a Sound
  • Docks
  • Vinyl Plank Flooring
  • Bellingham High School Rated A
  • Patio
  • High Speed Internet

About This Home

As of September 2021

Your opportunity to own the Patton Place apartments. The Iconic 5 unit building was converted in 1992 into an apartment complex. Just steps to Squalicum Beach close to Bellingham Technical College. Units are in great shape and most are quite large! Very well kept with stone siding and lots of long-lasting materials. Lots of upside on this property as we come out of Covid.

Last Agent to Sell the Property

Monte Young

Bellwether Real Estate License #2871 Listed on: 08/12/2021

Bellwether Real Estate

Last Buyer's Agent

Dan Zedonek

Utopia Management Inc License #20109729

Utopia Management Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1822333

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,925

Year Built

  • Built in 1946

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Territorial
  • Limited

Home Design

  • Slab Foundation
  • Poured Concrete
  • Bitumen Roof
  • Stone Siding

Interior Spaces

  • 3,810 Sq Ft Home
  • 2-Story Property

Flooring

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

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Docks
  • Patio

Schools

  • Birchwood Elementary School

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Birchwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3802240221370000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,925

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1946
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3810
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 359

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Torch Down
  • View: Partial, Sound, Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stone
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Septic Tank, Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB
  • WaterSewerGarbage: 8200

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 3802240221370000
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dock,Fenced-Partially,Gas Available,High Speed Internet,Patio,Shop
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential,See Remarks

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 6475

Multi Family

  • Gross Scheduled Income: 77700
  • Net Operating Income: 50379
  • Number Of Units Total: 5
  • Insurance Expense: 2257
  • Leasable Area: 3810
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6925

MLS Schools

  • Elementary School: Birchwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 8, 2021
Sold by
Patton Palce Llc
Bought by
Jambor Property Llc
Seller's Agent
Monte Young
Bellwether Real Estate
Buyer's Agent
Dan Zedonek
Utopia Management Inc
List Price
$1,125,000
Sold Price
$1,125,000
Current Estimated Value
$1,303,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,085
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Jul 12, 2010
Sold by
Bourm Roger M and Bourm Marlys
Bought by
Patton Place Llc

Purchase Details

Closed on
Mar 30, 2010
Sold by
Owens Jr Gomer L and Owens Kathleen J
Bought by
Bourm Roger M and Bourm Marlys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 1982
Sold by
Michael Vaughn E and Michael Gladys C
Bought by
Owens Jr Gomer L and Owens Kathleen J
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
Jambor Property Llc $1,125,000 Chicago Title
Patton Place Llc -- None Available
Bourm Roger M $550,280 Whatcom Land Title
Owens Jr Gomer L -- Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bourm Roger M $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,125,000 0.0% $295 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $1,125,000 -- $295 / 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 $9,505 $1,191,477 $321,727 $869,750
2023 $9,505 $1,221,804 $329,916 $891,888
2022 $7,059 $1,053,282 $284,411 $768,871
2021 $6,925 $759,933 $205,200 $554,733
2020 $7,498 $703,642 $190,000 $513,642
2019 $6,712 $736,369 $166,370 $569,999
2018 $6,759 $660,961 $149,370 $511,591
2017 $5,837 $569,070 $128,600 $440,470
2016 $5,104 $513,609 $115,400 $398,209
2015 $5,005 $467,533 $105,400 $362,133
2014 -- $443,580 $100,000 $343,580
2013 -- $295,959 $99,750 $196,209
Source: Public Records

Agents Affiliated with this Home

  • Monte Young

    Seller's Agent in 2021

    Monte Young

    Bellwether Real Estate

    (360) 380-0803

    2 in this area

    59 Total Sales

    Monte Young
    Section Image

  • D

    Buyer's Agent in 2021

    Dan Zedonek

    Utopia Management Inc

    (360) 200-6635

    1 in this area

    14 Total Sales

    Dan Zedonek
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1822333

Northwest Multiple Listing Service (NWMLS)

APN: 380224-022137-0000

Washington Whatcom County Bellingham 98225 Birchwood

2601 Patton St, Bellingham, WA

This home is located at 2601 Patton St, Bellingham, WA 98225 since 12 August 2021 and is currently estimated at $1,303,085, approximately $342 per square foot. This property was built in 1946. 2601 Patton St is a home located in Whatcom County with nearby schools including Birchwood Elementary School, Shuksan Middle School, and Bellingham High School.

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

Nearby Homes