Listed by Coldwell Banker Bain
NOT LISTED FOR SALE
-- Bed
-- Bath
14,864 Sq Ft
0.96 Acres

Last Sold April 29, 2016

Last sale price $1,867,500 $126 Per Sq Ft

190 Days on Market

Highlights

  • 0.96 Acre Lot
  • Deck
  • Partially Fenced Property
  • Bellingham High School Rated A
  • Territorial View
  • Wall to Wall Carpet

About This Home

As of April 2016

Multi-Family property which is an institution in the Bellingham area and has been full and successful since it was built. "Niche" facility which is always full. Solid, well managed 37 unit facility across from Shuksan Middle School, next door to DeWildes Nursery with view of Bellingham Golf and Country Club. Near NW Baptist Church and close to Bellis Fair Mall.Very convenient location in walking distance to shopping and restaurants.

Last Agent to Sell the Property

Greg Grant

Coldwell Banker Bain License #8243 Listed on: 08/21/2015

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 838223

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,182

Year Built

  • Built in 1974

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 170x238x153x314
  • Partially Fenced Property

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 14,864 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 50 Parking Spaces
  • Open Parking

Schools

  • Birchwood Elementary School
  • Shuksan Mid Middle School
  • Bellingham High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Cascade West Condos
  • Birchwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 380213217137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,182

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cascade West
  • New Construction: No
  • CalculatedSquareFootage: 14864
  • Special Features: None
  • Cumulative Days on Market: 617

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 50
  • Open Parking: Yes
  • Total Parking Spaces: 50
  • ParkingUncoveredSpaces: 50

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 15060

Schools

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

Lot Info

  • Parcel Number: 380213217137
  • Lot Size Acres: 0.9603
  • Lot Size: 170x238x153x314
  • Lot Size Sq Ft: 41832
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: Assessor maps
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 16957

Multi Family

  • Gross Scheduled Income: 213489
  • Net Operating Income: 128782
  • Number Of Units Total: 6
  • Electric Expense: 6440
  • Insurance Expense: 7490
  • Leasable Area: 14684
  • UnitsInBuildingTotal: 37
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2015
  • Tax Annual Amount: 13182

MLS Schools

  • Elementary School: Birchwood Elem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $1,867,500 -13.1% $126 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
08/22/2015 08/22/15 For Sale $2,150,000 -- $145 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 838223

Northwest Multiple Listing Service (NWMLS)