NOT LISTED FOR SALE

Estimated Value: $800,000 - $902,000

7 Beds
3 Baths
2,712 Sq Ft
$314/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $360,000 $133 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $5,265/month

109 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Partially Fenced Property
  • Fairhaven Middle School Rated A-
  • Corner Lot
  • Wood Siding

About This Home

As of February 2016

Large corner lot, great location close to W.W.U. and shopping area, nicely remodeled, Granite counter tops and hardwood floor. Two houses, live in one and have great rental income from the 2nd house, Main house use to be 2 complete units with two kitchens and separate entrances now rented as one unit. Additional 5000+ sqft from vacated alley. great investment property.

Todd Bunger

Professional Realty Svcs Int'l License #98699 Listed on: 10/08/2015

Professional Realty Svcs Int'l

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 857586

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,712 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

  • Happy Vly Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Additional Features

  • Deck
  • Natural Gas Connected

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 370306451505

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,915

Year Built

Built in 1945 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1945
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2712
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 3% on First $100,000.00 2.5% on Balance
  • Special Features: None
  • Cumulative Days on Market: 293

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: city
  • WaterCompany: city of bellingham
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 370306451505
  • Lot Size Acres: 0.3922
  • Lot Size Sq Ft: 17086
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: survey report
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2300

Multi Family

  • Gross Scheduled Income: 27600
  • Net Operating Income: 21500
  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Leasable Area: 2712
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2915

MLS Schools

  • Elementary School: Happy Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2015
Closed on
Feb 11, 2016
Sold by
Yusaf Amar
Bought by
Stone Christine and Stone Chandler
Buyer's Agent
Todd Bunger
Professional Realty Svcs Int'l
List Price
$389,000
Sold Price
$360,000
Premium/Discount to List
-$29,000
-7.46%
Total Days on Market
109
Current Estimated Value
$850,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,228
Avg. Annual Appreciation
10.76%
Original Mortgage
$288,000
Outstanding Balance
$233,951
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$688,959

Range of Values:

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Average Value
Not Available
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
Stone Christine $360,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Christine $288,000
Previous Owner Yusaf Amar $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $360,000 -7.5% $133 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
10/08/2015 10/08/15 For Sale $389,000 -- $143 / 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 $6,614 $820,731 $363,221 $457,510
2023 $6,614 $850,074 $376,207 $473,867
2022 $5,420 $723,471 $320,178 $403,293
2021 $5,037 $583,460 $258,215 $325,245
2020 $4,947 $511,803 $226,503 $285,300
2019 $3,898 $485,812 $215,000 $270,812
2018 $4,047 $382,005 $155,155 $226,850
2017 $3,568 $339,082 $137,720 $201,362
2016 $2,981 $312,252 $126,720 $185,532
2015 $2,915 $271,309 $120,120 $151,189
2014 -- $258,384 $114,400 $143,984
2013 -- $245,962 $110,000 $135,962
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 857586

Northwest Multiple Listing Service (NWMLS)

APN: 370306-451505-0000