Listed by Windermere RE Whatcom, Inc., Bought with Muljat Group
NOT LISTED FOR SALE

305 Cedar St Lynden, WA 98264

Estimated Value: $904,000 - $1,255,000

Studio
4 Baths
3,408 Sq Ft
$315/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2012

Last sale price $400,000 $117 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $6,149 / mo

204 Days on Market

Highlights

  • Territorial View
  • Property is in very good condition
  • Wall to Wall Carpet
  • Patio
  • Wood Siding
  • 1-Story Property

About This Home

As of March 2012

This immaculate 4 unit apartment is the perfect alternative to the stock market. There is potential for real growth with increased rents. All units have been recently updated with new carpets and any needed changes in the last 12 months. The exterior of the building was painted in 2010. The roof was replaced in 2010. All units are single level with off street parking. All this on a dead end street with easy access to town or parks. Don't miss this opportunity.

Last Agent to Sell the Property

Mike Vail

Windermere RE Whatcom, Inc. License #4770 Listed on: 08/16/2011

Windermere RE Whatcom, Inc.

Last Buyer's Agent

Ron Young

Muljat Group License #29421

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 263921

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,302

Year Built

  • Built in 1977

Lot Details

  • 14,810 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in very good condition

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,408 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Lynden Mid Middle School
  • Lynden High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Hawley's Add To Lynden Condos
  • Lynden Subdivision

Listing and Financial Details

  • Legal Lot and Block 3&4 / 39
  • Assessor Parcel Number 4003205245140000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,302

Year Built

Built in 1977

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hawley's Add to Lynden
  • CalculatedSquareFootage: 3408
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Lynden
  • WaterCompany: City of Lynden

Schools

  • Junior High Dist: Lynden
  • High School: Lynden High
  • Middle Or Junior School: Lynden Mid

Lot Info

  • Parcel Number: 4003205245140000
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • ZoningClass: Multi-Family
  • LotNumber: 3&4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2800

Tax Info

  • Year: 2011
  • Tax Annual Amount: 3302

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2025
Sold by
Lewis Larry E and Lewis Catherine A
Bought by
Cedar Llc
Current Estimated Value
$1,074,027

Purchase Details

Closed on
Aug 13, 2003
Sold by
True North Properties Llc
Bought by
Hunnicutt Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2002
Sold by
Case Paul S and Case Dorothy J
Bought by
True North 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
$183,750
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1999
Sold by
Westra Jerome T and Westra Nancy J
Bought by
Case Paul S and Case Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
6.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cedar Llc $313 None Listed On Document
Hunnicutt Steven P $317,500 Chicago Title Insurance
True North Properties Llc $249,000 Chicago Title Insurance
Case Paul S $210,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunnicutt Steven P $220,000
Previous Owner True North Properties Llc $183,750
Previous Owner Case Paul S $144,900
Closed True North Properties Llc $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2012 03/15/12 Sold $400,000 -2.4% $117 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
08/16/2011 08/16/11 For Sale $409,900 -- $120 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2025 $5,392 $731,942 $300,108 $431,834
2024 $5,049 $711,940 $266,750 $445,190
2023 $5,049 $703,067 $275,000 $428,067
2022 $5,121 $672,598 $252,714 $419,884
2021 $5,022 $555,860 $208,852 $347,008
2020 $4,400 $496,317 $186,480 $309,837
2019 $3,914 $455,237 $171,220 $284,017
2018 $4,278 $415,125 $155,974 $259,151
2017 $3,925 $372,610 $140,000 $232,610
2016 $3,714 $363,647 $136,400 $227,247
2015 $3,291 $342,229 $131,192 $211,037
2014 -- $330,628 $126,728 $203,900
2013 -- $327,900 $124,000 $203,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 263921

Northwest Multiple Listing Service (NWMLS)

APN: 400320-524514-0000

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