NOT LISTED FOR SALE

2608 Alabama St Unit A & B Bellingham, WA 98229

Roosevelt Neighborhood

Estimated Value: $605,152 - $689,000

2 Beds
2 Baths
1,724 Sq Ft
$365/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $304,000 $176 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,900/month

7 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wood Siding
  • Kulshan Middle School Rated A-
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of June 2017

This duplex feels like single family living and is always full, with large, fully-fenced private yards, storage on exterior, and carports. Located at the base of Alabama Hill, Seller completed a full remodel of Unit A in 2016. Live in one side and rent out the other, and pay only $383 per month! Or hold as an investor with a solid 5.9% cap rate. Can be purchased with MLS# 1091687 and Buyers with financing get residential mortgage terms. Includes credit for full fence replacement by NW Fence.

Last Agent to Sell the Property

Rebecca Heathcock

RE/MAX Whatcom County, Inc. License #26443 Listed on: 03/17/2017

RE/MAX Whatcom County, Inc.

Last Buyer's Agent

Jacob Petz

Petz Real Estate License #127242

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1091674

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,525

Year Built

  • Built in 1984

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,724 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Vern's Short Plat Condos
  • Alabama Hill Subdivision

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 3803210790770000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,525

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: VERN'S SHORT PLAT
  • New Construction: No
  • CalculatedSquareFootage: 1724
  • Special Features: None
  • Cumulative Days on Market: 291

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 1966

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 3803210790770000
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet
  • MLSLotSizeSource: County Tax Assessor
  • ZoningClass: Multi-Family
  • LotNumber: B

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 26400
  • Net Operating Income: 17
  • Number Of Units Total: 2
  • Insurance Expense: 500
  • Leasable Area: 1724
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2525

MLS Schools

  • Elementary School: RooseveltElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
Brennan Nancy L and Brennan Jeffrey R
Bought by
Brennan Lisa
Total Days on Market
7
Current Estimated Value
$629,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$226,247
Interest Rate
6.58%
Mortgage Type
Seller Take Back
Estimated Equity
$402,063

Purchase Details

Listed on
Mar 17, 2017
Closed on
May 24, 2017
Sold by
Vandestraat Properties Llc
Bought by
Brennan Nancy L and Kacmarcik Jeffrey R
Seller's Agent
Rebecca Heathcock
RE/MAX Whatcom County, Inc.
Buyer's Agent
Jacob Petz
Petz Real Estate
List Price
$299,000
Sold Price
$304,000
Premium/Discount to List
$5,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$228,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2013
Sold by
Rose Patricia Oconnell and Roe Clyde V
Bought by
Vandestraat Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 28, 2002
Sold by
Rose Patricia Oconnell
Bought by
Rose Patricia Oconnell and Roe Jess E
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
Brennan Lisa -- Chicago Title
Brennan Nancy L $304,000 Chicago Title Insurance
Vandestraat Properties Llc $625,280 First American Title Ins
Rose Patricia Oconnell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brennan Lisa $232,000
Previous Owner Brennan Nancy L $228,000
Previous Owner Vandestraat Properties Llc $437,500
Previous Owner Rose Patricia O Connell $80,000
Closed Brennan Lisa $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $304,000 +1.7% $176 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $299,000 -- $173 / 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 $4,546 $569,520 $226,677 $342,843
2023 $4,546 $583,985 $232,434 $351,551
2022 $3,711 $503,444 $200,378 $303,066
2021 $3,641 $399,559 $159,030 $240,529
2020 $3,247 $369,962 $147,250 $222,712
2019 $2,907 $318,931 $124,778 $194,153
2018 $2,928 $286,286 $112,028 $174,258
2017 $2,525 $246,482 $96,450 $150,032
2016 $2,210 $222,188 $86,550 $135,638
2015 $2,167 $202,400 $79,050 $123,350
2014 -- $192,030 $75,000 $117,030
2013 -- $186,427 $73,500 $112,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1091674

Northwest Multiple Listing Service (NWMLS)

APN: 380321-079077-0000