Listed by Windermere Real Estate Whatcom, Bought with Windermere Real Estate Whatcom
NOT LISTED FOR SALE

320 Garfield St Sumas, WA 98295

Estimated Value: $484,000 - $620,996

5 Beds
3 Baths
2,265 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $335,000 $148 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,318/month

69 Days on Market

Highlights

  • Mountain View
  • Thermal Windows
  • Wall to Wall Carpet
  • Deck
  • Property is in very good condition

About This Home

As of October 2019

Duplex in Sumas close to shopping & dining. Great rental property always full. Unit 1 has 3 BD, 2 BA rents for $1300, Unit 2 has 2 BD, 1 BA w/2-car garage rents for $1100. Each have gas fireplace & deck.

Last Agent to Sell the Property

Sharon Engels

Windermere Real Estate Whatcom License #94134 Listed on: 07/17/2019

Windermere Real Estate Whatcom

Last Buyer's Agent

Jason Loeb

Windermere Real Estate Whatcom License #91977

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1491908

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 2007

Lot Details

  • 3,403 Sq Ft Lot
  • Property is in very good condition

Property Views

  • Mountain
  • Territorial

Home Design

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

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

  • Nooksack Vly Mid Middle School
  • Nooksack Vly High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Residences On Garfield Condos
  • Sumas Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 4104350233170002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,084

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2007
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Residences on Garfield
  • New Construction: No
  • CalculatedSquareFootage: 2265
  • Special Features: None
  • Cumulative Days on Market: 381

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: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very 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, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: City of Sumas
  • SewerCompany: City of Sumas
  • WaterCompany: City of Sumas
  • WaterSewerGarbage: 1863

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 4104350233170002
  • Lot Size Acres: 0.0781
  • Lot Size Sq Ft: 3403
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 2

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 22456
  • Number Of Units Total: 2
  • Insurance Expense: 1187
  • Leasable Area: 2265
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3084

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Oct 14, 2019
Sold by
Englewood Llc
Bought by
David Morley Llc
Seller's Agent
Sharon Engels
Windermere Real Estate Whatcom
Buyer's Agent
Jason Loeb
Windermere Real Estate Whatcom
List Price
$348,000
Sold Price
$335,000
Premium/Discount to List
-$13,000
-3.74%
Current Estimated Value
$534,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,433
Avg. Annual Appreciation
7.78%
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
David Morley Llc $335,000 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engelwood Llc $210,000
Previous Owner Engelwood Llc $151,841
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $335,000 -3.7% $148 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $348,000 0.0% $154 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $348,000 0.0% $154 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $348,000 -- $154 / 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: 1491908

Northwest Multiple Listing Service (NWMLS)

APN: 410435-023317-0002