$1,125,000
SOLD JAN 30, 2018

2603 Elm St Bellingham, WA 98225

Columbia Neighborhood
-- Bed
-- Bath
6,474 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

7% Above List Price

8 Days on Market

Highlights

  • Wood Flooring
  • Bellingham High School Rated A
  • Corner Lot

About This Home

As of March 2022

Columbia/Fountain District Historic 9 Unit Apartment Building. Upgraded and well maintained. Rarely a vacancy. Gross Scheduled Income of $87,060 per year. Buyer of this building will have First opportunity to purchase the adjacent 2 bedroom rental with a 800 SQFT shop building and basement laundry room with a low-down payment Owners Contract.

Last Agent to Sell the Property

Keith Cook

RE/MAX Whatcom County, Inc. License #7189 Listed on: 10/11/2017

RE/MAX Whatcom County, Inc.

Last Buyer's Agent

Keith Cook

RE/MAX Whatcom County, Inc. License #7189 Listed on: 10/11/2017

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1206005

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,677

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 6,474 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Schools

  • Columbia Elementary School
  • Whatcom Mid Middle School
  • Bellingham High School

Utilities

  • Radiator
  • Natural Gas Connected

Community Details

  • North Street Add Condos
  • Columbia Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 154
  • Assessor Parcel Number 380224504141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,677

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1925
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: North Street Add
  • New Construction: No
  • CalculatedSquareFootage: 6474
  • Special Features: VirtualTour
  • Cumulative Days on Market: 275

Interior Features

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

Exterior Features

  • Roof: See Remarks
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Bellingham
  • WaterCompany: Bellingham
  • WaterSewerGarbage: 9357

Fee Information

  • Annual Fuel Expense: 3563

Schools

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

Lot Info

  • Parcel Number: 380224504141
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family
  • LotNumber: 11

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 7255

Multi Family

  • Gross Scheduled Income: 87060
  • Net Operating Income: 54559
  • Number Of Units Total: 9
  • Electric Expense: 1251
  • Insurance Expense: 4600
  • Leasable Area: 6474
  • UnitsInBuildingTotal: 9
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 6677

MLS Schools

  • Elementary School: Columbia Elem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $1,825,000 0.0% $282 / Sq Ft
03/04/2022 03/04/22 For Sale $1,825,000 +62.2% $282 / Sq Ft
01/30/2018 01/30/18 Sold $1,125,000 +7.1% $174 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $1,050,000 -- $162 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cordon Walken

    Capstone Commercial

    (206) 324-9412

    1 in this area

    4 Total Sales

    Cordon Walken
    Section Image
  • Keith Cook

    Seller's Agent in 2018

    Keith Cook

    RE/MAX Whatcom County

    (360) 739-5600

    4 in this area

    188 Total Sales

    Keith Cook
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1206005

Northwest Multiple Listing Service (NWMLS)

Washington Whatcom County Bellingham 98225 Columbia

2603 Elm St, Bellingham, WA

This home is located at 2603 Elm St, Bellingham, WA 98225 and is currently priced at $1,125,000, approximately $173 per square foot. This property was built in 1925. 2603 Elm St is a home located in Whatcom County with nearby schools including Columbia Elementary School, Whatcom 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) 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. ©2025 NWMLS.

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