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

310 Garfield St Sumas, WA 98295

Estimated Value: $481,000 - $558,140

5 Beds
3 Baths
2,265 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $339,000 $150 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,186/month

87 Days on Market

Highlights

  • Mountain View
  • High Speed Internet
  • Wall to Wall Carpet
  • Thermal Windows

About This Home

As of October 2020

Built in 2006. Fantastic duplex ready for new owners! South facing provides sun all day long. Last of four buildings & this one has yard space to the west that adds appeal. Upstairs tenants have been there for 12 yrs! Market rents should bring Cap Rate to 6%. Upstairs, a very spacious 3 bed, 2 ba, 1425 sqft unit w/ Mountain & Territorial Views. Perfect for owner occupied buyer! Lower unit is a 1bd + office (used as 2nd bedroom) 1 ba, 840 sq ft. Shared two car garage plus fireplace in each unit.

Last Agent to Sell the Property

John Irion

RE/MAX Whatcom County, Inc. License #102221 Listed on: 06/24/2020

Last Buyer's Agent

Lindsay Loreen

RE/MAX Whatcom County, Inc. License #134987

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1620635

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,745

Year Built

  • Built in 2006

Lot Details

  • 3,884 Sq Ft Lot
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,265 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Sumas Elementary School
  • Nooksack Vly Mid Middle School
  • Nooksack Vly High School

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Sumas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4104350233170001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,745

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2006
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2265
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Sumas
  • WaterCompany: Sumas
  • WaterSewerGarbage: 2004

Schools

  • Junior High Dist: Nooksack Valley
  • High School: Nooksack Vly High
  • Middle Or Junior School: Nooksack Vly Mid

Lot Info

  • Parcel Number: 4104350233170001
  • Lot Size Acres: 0.0892
  • Lot Size Sq Ft: 3884
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Builder
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 18426
  • Number Of Units Total: 2
  • Insurance Expense: 825
  • Leasable Area: 2265
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2745

MLS Schools

  • Elementary School: Sumas Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Oct 2, 2020
Sold by
Yates John Charles and Yates Nancy Lyn
Bought by
Harder Shelley
Seller's Agent
John Irion
RE/MAX Whatcom County, Inc.
Buyer's Agent
Lindsay Loreen
RE/MAX Whatcom County, Inc.
List Price
$359,000
Sold Price
$339,000
Premium/Discount to List
-$20,000
-5.57%
Current Estimated Value
$521,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,535
Avg. Annual Appreciation
7.77%

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jul 9, 2018
Sold by
Lockerbie Kathryn L
Bought by
Yates John Charles and Yates Nancy Lynn
Seller's Agent
Andrew Barnes
Windermere Real Estate Whatcom
Buyer's Agent
John Irion
RE/MAX Whatcom County, Inc.
List Price
$299,000
Sold Price
$291,250
Premium/Discount to List
-$7,750
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Apr 15, 2010
Sold by
Lockerbie Arthur H
Bought by
Lockerbie Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage
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
Harder Shelley $339,000 Chicago Title Company Of Wa
Yates John Charles $291,236 Chicago Title Insurance
Lockerbie Kathryn L -- Chicago Title Insurance
Lockerbie Kathryn L $260,280 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lockerbie Kathryn L $49,500
Previous Owner Engelwood Llc $217,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $339,000 -2.9% $150 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $349,000 -2.8% $154 / Sq Ft
06/24/2020 06/24/20 For Sale $359,000 +23.3% $158 / Sq Ft
07/17/2018 07/17/18 Sold $291,250 -2.6% $129 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $299,000 0.0% $132 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $299,000 -- $132 / 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 $4,393 $462,780 $60,000 $402,780
2023 $4,393 $449,208 $110,010 $339,198
2022 $3,918 $408,366 $100,008 $308,358
2021 $4,011 $346,063 $84,750 $261,313
2020 $3,548 $303,555 $74,340 $229,215
2019 $2,745 $279,790 $68,520 $211,270
2018 $3,084 $245,000 $60,000 $185,000
2017 $2,708 $209,179 $53,940 $155,239
2016 $2,633 $190,313 $49,075 $141,238
2015 $2,409 $186,625 $48,150 $138,475
2014 -- $184,205 $47,500 $136,705
2013 -- $184,205 $47,500 $136,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1620635

Northwest Multiple Listing Service (NWMLS)

APN: 410435-023317-0001