Listed by COMPASS, Bought with Windermere Real Estate Whatcom
$375,000
SOLD OCT 22, 2024

3111 Newmarket St Unit 507 Bellingham, WA 98226

Barkley Neighborhood
1 Bed
1 Bath
644 Sq Ft
$372/mo HOA Fee

Recently Sold

$582 Per Sq Ft

6% Below List Price

52 Days on Market

Highlights

  • Unit is on the top floor
  • Property is near public transit
  • Elevator
  • Squalicum High School Rated A-
  • Territorial View
  • Balcony

About This Home

As of October 2024

Welcome home to your immaculate TOP FLOOR, contemporary, 1 bed unit in Barkley Village W/ THE BEST PARKING SPOT! Boasting 10 ft ceilings, large, bright windows & comfortable open feel, it's an easy choice to live at The Drake Condos! Extremely secure, the unit is perfect as a primary, 2nd home, or investment. Enjoy the gourmet kitchen w/ gas stove, stainless refrigerator, granite counters, solid floors + lots of cabinets & counter space. Primary bedroom with dbl closet, full tiled bathroom & stacked washer/dryer. Assigned parking, pets w/ restriction, & a private locked storage unit! Live the urban dream & enjoy an HOA that pays w/s/g. Hit the trail system, good eats, theater, bars, grocery + more only steps away from this incredible unit!

Last Agent to Sell the Property

Alana Mey

COMPASS License #121114 Listed on: 08/07/2024

COMPASS

Last Buyer's Agent

Jason Lee

Windermere Real Estate Whatcom License #20115539

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2275008

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 2007

Lot Details

  • East Facing Home

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 644 Sq Ft Home
  • Insulated Windows
  • Territorial Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Northern Heights Ele Elementary School
  • Shuksan Mid Middle School
  • Squalicum High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include central hot water, common area maintenance, earthquake insurance, garbage, security, sewer, water
  • 36 Units
  • Brylee Association
  • Secondary HOA Phone (360) 306-5061
  • The Drake Condos
  • Barkley Subdivision
  • Park Phone (360) 306-5061 | Manager Brylee
  • 5-Story Property

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,780

Year Built

Built in 2007

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2007
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: The Drake
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 644
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Top Floor
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2275008?w=Consumer&agent=105111
  • Special Features: None
  • Cumulative Days on Market: 306

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Wall to Wall Carpet, Water Heater
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 5
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 5
  • StorageNo: A-7
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)
  • StorageLocation: Garage
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Brick, Cement/Concrete, See Remarks
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 27

Utilities

  • Security: SecurityServices
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Boiler

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, See Remarks
  • Park Manager Name: Brylee
  • Park Manager Phone: 360-306-5061
  • Senior Community: No
  • Association Fee: 372
  • Association Fee Frequency: Monthly
  • Phone: 360-306-5061
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Brylee
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance,See Remarks

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Earthquake Insurance, Garbage, Security, Sewer, Water

Schools

  • Junior High Dist: Bellingham
  • High School: Squalicum High
  • Middle Or Junior School: Shuksan Mid

Lot Info

  • Parcel Number: 3803205334540036
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

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

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2780

Multi Family

  • Number Of Units In Community: 36
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 36

MLS Schools

  • Elementary School: Northern Heights Ele

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 10, 2024
Sold by
Nikolaus And Bessy Vinish Living Trust and Vinish Nikolaus John
Bought by
Soderlund Matthew and Soderlund Jennifer
Seller's Agent
Alana Mey
COMPASS
Buyer's Agent
Jason Lee
Windermere Real Estate Whatcom
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Views
34
Current Estimated Value
$378,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,607
Avg. Annual Appreciation
0.26%
Original Mortgage
$281,250
Outstanding Balance
$279,659
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$96,004

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 9, 2021
Sold by
Cooper Sky & Julie Erin
Bought by
Nikolaus And Bessy Vinish Living Trust and Livi Bessy
Seller's Agent
Alison Lundy
Keller Williams Western Realty
Buyer's Agent
Alana Mey
COMPASS
List Price
$340,000
Sold Price
$350,000
Premium/Discount to List
$10,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$280,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 4, 2021
Sold by
Magruder Kelly and Dalvit Drue I
Bought by
Cooper Sky and Cooper Julie Erin
Seller's Agent
Mindy Price
eXp Realty
Buyer's Agent
James Edwards
Redfin
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%
Original Mortgage
$236,250
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2016
Closed on
Aug 23, 2016
Sold by
Rathje Judy
Bought by
Magruder Drue S and Magruder Kelly
Seller's Agent
Marcy Mjelde
John L. Scott Bellingham
Buyer's Agent
Briddick Webb
RE/MAX Whatcom County, Inc.
List Price
$182,000
Sold Price
$175,000
Premium/Discount to List
-$7,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%
Original Mortgage
$130,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2009
Sold by
Drake Condominiums Llc
Bought by
Rathje Judy Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,620
Interest Rate
5.04%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 Whatcom Land Title
Warranty Deed $350,000 Chicago Title
Warranty Deed $350,000 Chicago Title
Warranty Deed $315,000 Chicago Title Bellingham
Warranty Deed $175,000 Chicago Title Insurance
Warranty Deed $179,180 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 New Conventional
Previous Owner $280,000 New Conventional
Previous Owner $236,250 New Conventional
Previous Owner $130,000 New Conventional
Previous Owner $156,717 FHA
Previous Owner $175,620 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $375,000 -6.3% $582 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $400,000 +14.3% $621 / Sq Ft
11/23/2021 11/23/21 Sold $350,000 +2.9% $543 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $340,000 +7.9% $528 / Sq Ft
02/16/2021 02/16/21 Sold $315,000 +1.6% $489 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $310,000 +77.1% $481 / Sq Ft
09/23/2016 09/23/16 Sold $175,000 -2.7% $272 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
06/17/2016 06/17/16 Price Changed $179,900 -1.2% $279 / Sq Ft
06/01/2016 06/01/16 For Sale $182,000 -- $283 / 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 $2,780 $356,899 $42,112 $314,787
2023 $2,780 $356,899 $42,112 $314,787
2022 $2,425 $294,964 $34,804 $260,160
2021 $2,336 $261,030 $30,800 $230,230
2020 $2,271 $237,300 $28,000 $209,300
2019 $1,867 $223,048 $23,898 $199,150
2018 $1,973 $183,848 $19,698 $164,150
2017 $1,745 $166,139 $17,801 $148,338
2016 $1,585 $153,539 $16,451 $137,088
2015 $1,580 $145,139 $15,551 $129,588
2014 -- $140,000 $15,000 $125,000
2013 -- $146,525 $13,719 $132,806
Source: Public Records

Agents Affiliated with this Home

  • Alana Mey

    Seller's Agent in 2024

    Alana Mey

    COMPASS

    (360) 421-0733

    7 in this area

    202 Total Sales

    Alana Mey
    Section Image
  • Jason Lee

    Buyer's Agent in 2024

    Jason Lee

    Windermere Real Estate Whatcom

    (360) 961-3547

    2 in this area

    66 Total Sales

    Jason Lee
    Section Image
  • Alison Lundy

    Seller's Agent in 2021

    Alison Lundy

    Keller Williams Western Realty

    (360) 630-0878

    2 in this area

    58 Total Sales

    Alison Lundy
    Section Image
  • Mindy Price

    Seller's Agent in 2021

    Mindy Price

    eXp Realty

    (360) 224-1065

    2 in this area

    60 Total Sales

    Mindy Price
    Section Image

  • J

    Buyer's Agent in 2021

    James Edwards

    Redfin

    (425) 229-0005

    Section Image
  • Marcy Mjelde

    Seller's Agent in 2016

    Marcy Mjelde

    John L Scott

    (360) 961-3584

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2275008

Northwest Multiple Listing Service (NWMLS)

APN: 380320-533454-0036

Washington Whatcom County Bellingham 98226 Barkley

3111 Newmarket St Unit 507, Bellingham, WA

This home is located at 3111 Newmarket St Unit 507, Bellingham, WA 98226 and is currently priced at $375,000, approximately $582 per square foot. This property was built in 2007. 3111 Newmarket St Unit 507 is a home located in Whatcom County with nearby schools including Northern Heights Elementary School, Shuksan Middle School, and Squalicum High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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