NOT LISTED FOR SALE

Estimated Value: $740,000 - $6,731,276

9 Acres
$423,542 Price per Acre
384,199 Sq Ft Lot

Last Sold November 18, 2021

Last sale price $5,820,000

Est. 36% decrease in value since last sale

Current estimated payment $22,560/month

53 Days on Market

About This Lot

As of November 2021

Rare 8.62 acre development opportunity located in the Fairhaven district in Bellingham. The property is zoned residential single in the Happy Valley neighborhood.

Last Agent to Sell the Property

Hannah Cano

Saratoga Commercial R.E. License #115396 Listed on: 06/05/2021

Co-Listed By

Amia Froese

Saratoga Commercial R.E. License #27664

Last Buyer's Agent

Erika Buse

COMPASS License #125354

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1786870

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,057

Lot Details

Schools

  • Happy Vly Elementary School
  • Fairhaven Mid Middle School

Utilities

  • Sewer in Street

Community Details

  • Happy Valley Community

Listing and Financial Details

  • Assessor Parcel Number 3703061721880000

Property Details

Property Type

Land

Est. Annual Taxes

$20,057

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved

Utilities

  • Electricity: Available
  • Gas Available: Available
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • Community Name: Happy Valley

Schools

  • Elementary School: Happy Vly Elem
  • Middle School: Fairhaven Mid
  • High School: Sehome High
  • School District: BEL
  • Junior High: Fairhaven Mid

Lot Info

  • General Zoning Classification: Residential
  • Lot Sq Ft: 384200
  • Parcel Number: 3703061721880000
  • Zoning Jurisdiction: City

MLS Schools

  • Elementary School: Happy Vly Elem
  • Senior High: Sehome High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Nov 16, 2021
Sold by
Corporation Of The Presiding Bishop Of T
Bought by
Whatcom Hospice Foundation
Seller's Agent
Hannah Cano
Saratoga Commercial R.E.
Buyer's Agent
Erika Buse
COMPASS
List Price
$3,250,000
Sold Price
$5,820,000
Premium/Discount to List
$2,570,000
79.08%
Total Days on Market
53
Current Estimated Value
$3,735,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,084,362
Avg. Annual Appreciation
-6.78%
Source: Public Records

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
Whatcom Hospice Foundation $5,820,000 Old Republic Title
The Whatcom Hospice Foundation $5,820,000 Old Republic Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $5,820,000 +79.1% --
07/28/2021 07/28/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $3,250,000 -- --
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 $20,057 $2,578,975 $2,578,975 --
2023 $20,057 $2,578,975 $2,578,975 $0
2022 $9,181 $1,160,589 $1,160,589 $0
2021 $7,768 $983,549 $983,549 $0
2020 $8,042 $768,398 $768,398 $0
2019 $7,779 $768,398 $768,398 $0
2018 $9,062 $745,348 $745,348 $0
2017 $8,681 $745,348 $745,348 $0
2016 $8,590 $745,348 $745,348 $0
2015 $8,879 $768,400 $768,400 $0
2014 -- $768,400 $768,400 $0
2013 -- $768,400 $768,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1786870

Northwest Multiple Listing Service (NWMLS)

APN: 370306-172188-0000