Listed by RE/MAX Whatcom County, Inc., Bought with Global Referral Group, LLC
NOT LISTED FOR SALE

31 N Summit Dr Bellingham, WA 98229

Estimated Value: $442,000 - $479,000

3 Beds
2 Baths
1,408 Sq Ft
$330/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $150,000 $107 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,890/month

11 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Property is near public transit
  • Kulshan Middle School Rated A-
  • Clubhouse
  • Wooded Lot

About This Home

As of November 2019

Attention investors, rehabbers, or those looking to build sweat equity! Your dream can now be a reality! This 3 bed 2 bath fixer sits in the heart of Sudden Valley. Huge 12,240 sqft double lot allows for tons of parking, lawn games, BBQs, basically anything you can do outside on gravel, you can do here. Mature trees & wildlife abound. Would make great investment or owner-occupied living. A short drive to beach, trails, golf course, & all other Sudden Valley amenities. Get it before it's gone!

Last Agent to Sell the Property

Briddick Webb

RE/MAX Whatcom County, Inc. License #26476 Listed on: 10/18/2019

RE/MAX Whatcom County, Inc.

Last Buyer's Agent

Chris Weitzel

Global Referral Group, LLC License #23701

Global Referral Group, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1532713

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1976

Lot Details

  • 0.28 Acre Lot
  • Street terminates at a dead end
  • Level Lot
  • Wooded Lot
  • Zoning described as RR3

HOA Fees

  • $127 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,408 Sq Ft Home
  • 2-Story Property
  • Territorial Views
  • Oven or Range

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Listing and Financial Details

  • Tax Lot 49-50
  • Assessor Parcel Number 3704060455280000

Community Details

Overview

  • Sudden Valley Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,404

Year Built

Built in 1976

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1976
  • Inclusions: Dryer,RangeOven,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Sudden Valley Div 22
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1408
  • SeniorExemption: false
  • SOCComments: Thank you for showing!
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Living Area: 1408
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 1408
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dryer,Range/Oven,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street
  • Pool Features: Community
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House
  • BusLineNearby: true
  • PoolType: Community

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electricity Available
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Lake Whatcom Water & Sewer
  • WaterCompany: Lake Whatcom Water & Sewer

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Club House, Community Waterfront/Pvt Beach
  • Association Fee: 127
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel Number: 3704060455280000
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.281
  • Lot Size Sq Ft: 12240
  • Zoning Description: RR3
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County
  • LotNumber: 49-50

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2404

MLS Schools

  • Elementary School: Geneva Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Weitzel Chris D and Weitzel Karen L
Bought by
Weitzel Sydney
Current Estimated Value
$464,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$186,015
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$278,699

Purchase Details

Closed on
Jan 24, 2020
Sold by
Weitzel Chris D
Bought by
Weitzel Chris D and Weitzel Sydney

Purchase Details

Listed on
Oct 18, 2019
Closed on
Nov 6, 2019
Sold by
Coulter Patricia L and Coulter William G
Bought by
Weitzel Chris D
Seller's Agent
Briddick Webb
RE/MAX Whatcom County, Inc.
Buyer's Agent
Chris Weitzel
Global Referral Group, LLC
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.13%
Source: Public Records

Range of Values:

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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
Weitzel Sydney $3,605,000 Whatcom Land Title
Weitzel Sydney $225,000 Whatcom Land Title Co Inc
Weitzel Chris D -- Accommodation
Weitzel Chris D $150,000 Chicago Title Company Of Wa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weitzel Sydney $210,000
Closed Weitzel Sydney $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $150,000 -25.0% $107 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $200,000 -- $142 / 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 $3,584 $404,748 $200,272 $204,476
2023 $3,584 $407,220 $201,495 $205,725
2022 $2,822 $351,062 $173,708 $177,354
2021 $2,711 $254,393 $125,875 $128,518
2020 $2,644 $239,993 $118,750 $121,243
2019 $2,404 $233,327 $115,073 $118,254
2018 $2,411 $219,049 $108,000 $111,049
2017 $2,033 $187,163 $92,250 $94,913
2016 $1,831 $164,550 $81,000 $83,550
2015 $1,833 $155,187 $77,205 $77,982
2014 -- $150,755 $75,000 $75,755
2013 -- $153,078 $72,270 $80,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1532713

Northwest Multiple Listing Service (NWMLS)

APN: 370406-045528-0000