NOT LISTED FOR SALE

Estimated Value: $970,614 - $1,158,000

5 Beds
2 Baths
2,268 Sq Ft
$461/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $462,000 $204 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $6,447/month

7 Days on Market

About This Home

As of April 2019

South Hill Triplex with beautiful views of the bay. Walking distance to WWU. Close to Fairhaven, downtown, parks & trails. 40 x 110 lot has been surveyed. Alley in back of lot (maybe able to add an ADU-buyer to verify). Home might be in need of some repairs. Lower unit with 1 bed had some updating in the past. Main level has 2 bedrooms and the upper unit is a one bedroom. 3 water heaters & 3 meters.

Last Agent to Sell the Property

John Vande Hoef

RE/MAX Whatcom County, Inc. License #48290 Listed on: 03/12/2019

RE/MAX Whatcom County, Inc.

Last Buyer's Agent

Andy Webster

Coldwell Banker Bain License #48977

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1422159

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,731

Year Built

  • Built in 1927

Lot Details

  • 4,395 Sq Ft Lot
  • Lot Dimensions are 40x110

Property Views

  • Ocean
  • Bay

Home Design

  • Triplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

  • Lowell Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Community Details

  • South Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3802364962140000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,731

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1927
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2268
  • Special Features: None
  • Cumulative Days on Market: 287

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Bay, Ocean
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Wood
  • WaterSewerGarbage: 1776

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 3802364962140000
  • Lot Size Acres: 0.1009
  • Lot Size: 40x110
  • Lot Size Sq Ft: 4395
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessors
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 2050

Multi Family

  • Gross Scheduled Income: 24600
  • Net Operating Income: 16344
  • Number Of Units Total: 3
  • Insurance Expense: 1257
  • Leasable Area: 1344
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 2

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4731

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Mccarthy Daniel P
Bought by
Mccarthy Daniel P and Mccarthy Eiland Revocable Trust
Total Days on Market
7
Current Estimated Value
$1,044,654

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 5, 2019
Sold by
Chin William
Bought by
Johnson Ryun M and Strasser Caitlin M
Seller's Agent
John Vande Hoef
RE/MAX Whatcom County, Inc.
Buyer's Agent
Andy Webster
Coldwell Banker Bain
List Price
$449,000
Sold Price
$462,000
Premium/Discount to List
$13,000
2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$369,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2018
Sold by
Chin William and Estate Of Wayne S Chin
Bought by
Chin William

Purchase Details

Closed on
Jun 23, 2010
Sold by
Chin Wayne
Bought by
Chin Wayne
Source: Public Records

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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
Mccarthy Daniel P -- None Listed On Document
Johnson Ryun M $4,956,382 Chicago Title Insurance
Chin William -- None Available
Chin Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Daniel P $152,500
Previous Owner Johnson Ryun M $50,000
Previous Owner Johnson Ryun M $372,500
Previous Owner Johnson Ryurr M $372,500
Previous Owner Johnson Ryun M $369,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $462,000 +2.9% $204 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $449,000 -- $198 / 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 $7,261 $901,013 $591,290 $309,723
2023 $7,261 $933,226 $612,430 $320,796
2022 $5,950 $794,240 $521,220 $273,020
2021 $5,530 $640,533 $420,350 $220,183
2020 $5,431 $561,866 $368,725 $193,141
2019 $4,557 $533,333 $350,000 $183,333
2018 $4,731 $448,726 $267,995 $180,731
2017 $4,168 $398,306 $237,880 $160,426
2016 $3,796 $366,694 $218,880 $147,814
2015 $3,737 $347,727 $207,480 $140,247
2014 -- $331,162 $197,600 $133,562
2013 -- $316,121 $190,000 $126,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1422159

Northwest Multiple Listing Service (NWMLS)

APN: 380236-496214-0000