NOT LISTED FOR SALE

2885 Lake Whatcom Blvd Bellingham, WA 98229

Geneva Neighborhood

Estimated Value: $909,000 - $1,208,000

3 Beds
3 Baths
2,200 Sq Ft
$487/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $475,000 $216 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $6,735/month

698 Days on Market

About This Home

As of May 2014

Enjoy the Lake Whatcom Lifestyle in this beautifully updated 3 bedroom, 2.25 bath home located on a large sunny lot with nearly 75 ft of private low bank waterfront. This bright and cheery home boasts new bamboo flooring and carpet, new trim, doors and paint throughout. Updated cabinets, new corian counters and stainless appliances in kitchen. Enjoy entertaining on the large deck, great backyard and spacious beach front. Brand new furnace, newer roof and dock. Fenced backyard with RV parking.

Last Listed By

Drew Rosser

Windermere Real Estate Whatcom License #102723 Listed on: 05/04/2012

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM352158

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$9,516

Year Built

1978

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 2200
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1978

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplaces: 2
  • Features: Wet Bar, Bath Off Master, Double Pane/Storm Window, Dining Room, Hot Tub/Spa, Jetted Tub, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 2
  • Floor: Bamboo/Cork, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Downstairs Closet-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Alley, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Dock, Partial Fence, Natural Gas Available, High Speed Internet, Hot Tub/Spa, Moorage, Outbuildings, RV Parking
  • View: Lake, Mountain
  • Waterfront: Lake
  • Waterfront Frontage: 75
  • Lot Topography: Fruit Trees, Garden Space, Level

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air, Insert
  • Heating: Forced Air, Insert
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Heating and Cooling: Forced Air, Insert
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Bellingham
  • Water Company: City of Bellingham
  • Water Source: Public

Schools

  • School District: BEL
  • Elementary School: Geneva Elem
  • Middle School: Kulshan Mid
  • High School: Bellingham High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2012
Closed on
May 2, 2014
Sold by
Platte Richard C and Platte Victoria Marie
Bought by
Boswell John D
Seller's Agent
Drew Rosser
Windermere Real Estate Whatcom
Buyer's Agent
Lucy Saldana
Windermere Real Estate Whatcom
List Price
$549,900
Sold Price
$475,000
Premium/Discount to List
-$74,900
-13.62%
Total Days on Market
698
Current Estimated Value
$1,071,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,813
Avg. Annual Appreciation
7.12%
Original Mortgage
$325,000
Outstanding Balance
$251,431
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$760,072

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Boswell John D $475,280 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boswell John D $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $475,000 -5.0% $216 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
01/09/2014 01/09/14 Price Changed $499,900 -4.8% $227 / Sq Ft
09/04/2013 09/04/13 Price Changed $525,000 -4.5% $239 / Sq Ft
05/04/2012 05/04/12 For Sale $549,900 -- $250 / 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 $9,516 $1,091,077 $698,317 $392,760
2023 $9,516 $1,118,857 $716,097 $402,760
2022 $7,936 $948,202 $606,874 $341,328
2021 $7,473 $740,783 $474,120 $266,663
2020 $6,700 $685,910 $439,000 $246,910
2019 $6,237 $601,668 $355,108 $246,560
2018 $6,303 $568,356 $335,577 $232,779
2017 $5,500 $489,246 $288,405 $200,841
2016 $4,904 $445,131 $262,252 $182,879
2015 $4,902 $415,723 $247,376 $168,347
2014 -- $403,223 $239,938 $163,285
2013 -- $355,291 $194,700 $160,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM352158

Northwest Multiple Listing Service (NWMLS)

APN: 380335-102518-0000