$315,000
SOLD FEB 16, 2021

3111 Newmarket St Unit 507 Bellingham, WA 98226

Barkley Neighborhood
1 Bed
1 Bath
644 Sq Ft
0.79 Acres

Recently Sold

$489 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Territorial View
  • Traditional Architecture
  • Ceramic Tile Flooring
  • Squalicum High School Rated A-

About This Home

As of October 2024

Welcome to urban living at it's finest. This is The Drake in Bellingham,WA. The immaculate top floor 1 bed unit boasts 10 ft ceilings for that spacious feel with gorgeous skyline sunrise view and sunset reflection. At home you will enjoy the gourmet kitchen w/ gas stove, new stainless refrigerator, granitecounters, tile, wood floors and lots of cabinets & counter space. Primary bedroom with dbl closet, lrg bathroom & stacked washer/dryer. Step outsideand you are literally in BarkleyVillage w/ all the shops, restaurants, park and trails. Secure entry & bldg w/ cameras on ea. level, elevator, parking space & storage locker. You are home!

Last Agent to Sell the Property

Mindy Price

eXp Realty License #72541 Listed on: 01/14/2021

eXp Realty

Last Buyer's Agent

James Edwards

Redfin License #127087

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1716646

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 2007

Parking

  • Uncovered Parking

Property Views

  • Territorial Views

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Construction Material

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 3803205334540036

Community Details

Overview

  • 36 Units
  • Barkley Community
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,780

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Architecture: Traditional
  • Entrance Level: Main
  • Unit Floor Number: 5
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Underground Garage Level
  • Storage Number: A-7
  • Estimated Sq Ft: 644

Exterior Features

  • Exterior: Brick, Cement/Concrete, Metal/Vinyl
  • Roof: Flat
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: 28

Utilities

  • Heating And Cooling: Wall

Condo/Co-op/Association

  • Numberof Units in Building: 36
  • Numberof Units In Complex: 36
  • HOA Fees: 311
  • Community Name: Barkley
  • Project: The Drake
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: Sharon Holland (360) 306-5061
  • Common Property Features: Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance
  • Home Owner Dues Included: Central Hot Water, Garbage, Water/Sewer, Snow Removal, Road Maintenance, Common Area Maintenance, Security Services, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Top Floor, Vaulted Ceilings

Schools

  • School District: BEL

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 3803205334540036

Tax Info

  • Tax Amount: 2271

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
$378,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,567
Avg. Annual Appreciation
1.31%
Original Mortgage
$281,250
Outstanding Balance
$279,659
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$98,908

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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1716646

Northwest Multiple Listing Service (NWMLS)

APN: 380320-533454-0036