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

340 Cove Rd Bellingham, WA 98229

Estimated Value: $2,355,000 - $3,936,619

3 Beds
4 Baths
3,638 Sq Ft
$796/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $3,600,000 $990 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $17,032/month

Highlights

  • 228 Feet of Waterfront
  • Ocean View
  • Sauna
  • Fairhaven Middle School Rated A-
  • Spa
  • Deck

About This Home

As of December 2021

Exquisite, once in a lifetime, 270° waterfront home epitomizes the PNW lifestyle & beauty of Bellingham Bay, San Juan Islands & Olympic Mountains. Designed for recreation and relaxation: including wrap-around ironwood deck, magical westerly views, massive gear storage room, dedicated yoga room leading out to the hot tub patio, & primary ensuite w/sauna to rival that of a spa getaway. Complete renovation transformed this mid-century modern into a Zen-like retreat crafted of the finest materials. Idyllic home base for hiking & mountain biking on Chuckanut trails, swimming in Wildcat Cove, crabbing & boating/kayaking from the neighboring boat launch. Nestled atop a private 1.3 acre peninsula lookout, your oasis at the end of quiet cul-de-sac.

Last Agent to Sell the Property

Christine Farkas

BHHS Bayside Realty License #24115 Listed on: 11/19/2021

BHHS Bayside Realty

Co-Listed By

Dale Serbousek

Epique Realty License #24164

Last Buyer's Agent

Chet Kenoyer

Windermere Real Estate Whatcom License #7168

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1866229

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,420

Year Built

  • Built in 1953

Lot Details

  • 1.3 Acre Lot
  • 228 Feet of Waterfront
  • Home fronts a sound
  • Cul-De-Sac
  • Secluded Lot
  • Level Lot
  • Garden
  • Property is in good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Strait Views
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 3,638 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 1 Fireplace
  • Sauna
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Bamboo
  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

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

Utilities

  • Propane
  • Tankless Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • Chuckanut Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3702363133090000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,420

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1953
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange,TrashCompactor,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3638
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range, Trash Compactor
  • Three Quarter Bathrooms: 4
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Bamboo/Cork, Ceramic Tile, Hardwood, Laminate, See Remarks
  • Interior Amenities: Forced Air, Tankless Water Heater, Ceramic Tile, Hardwood, Bamboo/Cork, Laminate Tile, Bath Off Primary, Double Pane/Storm Window, Sauna, Skylight(s), Walk-In Closet(s)
  • Living Area: 3638
  • Main Level Bedrooms: 3
  • Bathrooms: 3
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3638
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 3
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range,Trash Compactor

Exterior Features

  • Roof: Flat, See Remarks
  • View: Bay, Mountain(s), Ocean, Sound, Strait
  • Lot Features: Cul-De-Sac, Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-High, Saltwater, Sound, Strait
  • Waterfront: Yes
  • Exterior Features: Cement/Concrete
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterfrontFootage: 228

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Propane, Septic System, Electricity Available, Propane
  • HeatingCoolingType: Forced Air,Radiant,Tankless Water Heater
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Bellingham

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 3702363133090000
  • Topography: Level
  • Lot Size Acres: 1.3031
  • Lot Size Sq Ft: 56761
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Hot Tub/Spa,Patio,Propane
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 15420

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Larrabee Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 13, 2021
Sold by
Michael Powell
Bought by
Dusseldorf Tours 0 Trust
Seller's Agent
Christine Farkas
BHHS Bayside Realty
Buyer's Agent
Chet Kenoyer
Windermere Real Estate Whatcom
List Price
$2,850,000
Sold Price
$3,600,000
Premium/Discount to List
$750,000
26.32%
Current Estimated Value
$2,896,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$703,127
Avg. Annual Appreciation
-5.63%
Original Mortgage
$2,700,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2011
Sold by
Button Josephine L
Bought by
Powell Michael and Powell Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Button Josephine L
Bought by
Button Josephine L
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
Dusseldorf Tours 0 Trust $3,600,000 Whatcom Land Title
Dusseldorf Tours 05 15 Trust $3,600,000 Whatcom Land Title
Powell Michael $850,280 First American Title Ins
Button Josephine L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dusseldorf Tours 05 15 Trust $2,700,000
Previous Owner Powell Michael $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $3,600,000 +26.3% $990 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $2,850,000 -- $783 / 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 $20,070 $2,775,555 $1,737,173 $1,038,382
2023 $20,070 $2,392,446 $1,497,392 $895,054
2022 $17,307 $2,036,136 $1,274,383 $761,753
2021 $15,420 $1,642,089 $1,027,756 $614,333
2020 $15,095 $1,440,417 $901,533 $538,884
2019 $14,666 $1,367,268 $855,750 $511,518
2018 $15,282 $1,333,106 $834,538 $498,568
2017 $13,507 $1,183,355 $740,794 $442,561
2016 $12,308 $1,090,294 $682,094 $408,200
2015 $12,093 $1,040,328 $652,744 $387,584
2014 -- $991,593 $622,220 $369,373
2013 -- $810,760 $587,000 $223,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1866229

Northwest Multiple Listing Service (NWMLS)

APN: 370236-313309-0000