NOT LISTED FOR SALE

3716 Lakeway Dr Bellingham, WA 98229

Whatcom Falls Neighborhood

Estimated Value: $579,000 - $712,000

2 Beds
2 Baths
1,468 Sq Ft
$450/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $439,000 $299 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,990/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • Territorial View
  • Kulshan Middle School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of April 2019

Rare opportunity to own two adorable craftsman homes on a large 1/3 acre lot in the desirable Whatcom Falls area! Live in the main home & earn income from the always rented 1930's stand alone 388 sqft studio-style cabin with full bath. Both homes nicely renovated with spacious open kitchens & upgraded bathrooms. Main house has stainless appliances, on-demand Rinnai tankless hot water heater & an enclosed sunroom. Awesome base station for trails at nearby Whatcom Falls Park & Galbraith Mountain!

Last Agent to Sell the Property

Christine Farkas

BHHS Bayside Realty License #24115 Listed on: 03/14/2019

BHHS Bayside Realty

Co-Listed By

Michael Farkas

BHHS Bayside Realty License #108719

Last Buyer's Agent

Rob Weston

Windermere Real Estate Whatcom License #41044

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1421903

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1922

Lot Details

  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Garden
  • Property is zoned RS10

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Carport
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Whatcom Falls Community

Listing and Financial Details

  • Assessor Parcel Number 3803285150720000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,600

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Dbl Pane/Storm Windw
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1468
  • Square Footage Finished: 1468

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block, Post And Block, Post And Pillar
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Carport-Attached, Off Street
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air, Stove/Free Standing, Wall
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Bellingham
  • Water Company: City of Bellingham
  • Water Heater: Tankless - Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Whatcom Falls
  • Project: Morningside Entrance to Whatcom Falls Park

Schools

  • Elementary School: Carl Cozier Elem
  • Middle School: Kulshan Mid
  • High School: Sehome High
  • School District: BEL

Lot Info

  • Lot Number: 3-4
  • Lot Details: Corner Lot, Curbs, Sidewalk
  • Lot Sq Ft: 15682
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 3803285150720000
  • Zoning Code: RS10
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 2695

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Apr 25, 2019
Sold by
Christina O Connor Larry W and Connor Christina O
Bought by
Gustke Matthew S and Gustke Virginia L
Seller's Agent
Christine Farkas
BHHS Bayside Realty
Buyer's Agent
Rob Weston
Windermere Real Estate Whatcom
List Price
$419,000
Sold Price
$439,000
Premium/Discount to List
$20,000
4.77%
Current Estimated Value
$662,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,011
Avg. Annual Appreciation
6.37%
Original Mortgage
$439,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
May 12, 2011
Sold by
Washington Federal Savings
Bought by
Phelps Brian F and Phelps Stacy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
4.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 2010
Sold by
Noble Andrew
Bought by
Washington Federal Savings

Purchase Details

Closed on
Jun 14, 2005
Sold by
Nethercot Thomas
Bought by
Noble Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
5.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 20, 1999
Sold by
Chambers John R and Chambers Molly
Bought by
Morequity Inc

Purchase Details

Closed on
Mar 30, 1999
Sold by
Morequity Inc
Bought by
Nethercot Tom
Source: Public Records

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
Gustke Matthew S $439,000 Whatcom Land Title
Phelps Brian F $124,280 First American Title Ins
Washington Federal Savings $272,984 First American Title Ins
Noble Andrew $244,000 Stewart Title Company
Morequity Inc $60,000 First American Title Ins
Nethercot Tom $92,100 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustke Virginia L $428,000
Closed Gustke Matthew S $439,341
Previous Owner Gustke Matthew S $439,000
Previous Owner Phelps Brian F $143,200
Previous Owner Noble Andrew $260,000
Previous Owner Noble Andrew $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $439,000 +4.8% $299 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $419,000 -- $285 / 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 $4,600 $576,335 $302,233 $274,102
2023 $4,600 $591,008 $309,928 $281,080
2022 $3,635 $500,864 $262,656 $238,208
2021 $3,566 $391,300 $205,200 $186,100
2020 $2,840 $362,315 $190,000 $172,315
2019 $2,676 $278,940 $148,000 $130,940
2018 $2,695 $263,481 $139,860 $123,621
2017 $2,346 $226,859 $120,200 $106,659
2016 $2,102 $206,420 $109,300 $97,120
2015 $2,107 $192,503 $103,100 $89,403
2014 -- $186,715 $100,000 $86,715
2013 -- $174,967 $97,350 $77,617
Source: Public Records

Agents Affiliated with this Home

  • Christine Farkas

    Seller's Agent in 2019

    Christine Farkas

    BHHS Bayside Realty

    (360) 603-4751

    2 in this area

    70 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Michael Farkas

    BHHS Bayside Realty

    (360) 393-0793

    1 in this area

    26 Total Sales

    Section Image
  • Rob Weston

    Buyer's Agent in 2019

    Rob Weston

    Windermere Real Estate Whatcom

    (360) 303-4300

    167 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1421903

Northwest Multiple Listing Service (NWMLS)

APN: 380328-515072-0000

Washington Whatcom County Bellingham 98229 Whatcom Falls

3716 Lakeway Dr, Bellingham, WA

This home is located at 3716 Lakeway Dr, Bellingham, WA 98229 since 14 March 2019 and is currently estimated at $661,196, approximately $450 per square foot. This property was built in 1922. 3716 Lakeway Dr is a home located in Whatcom County with nearby schools including Carl Cozier Elementary School, Kulshan Middle School, and Sehome High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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