Estimated payment $8,044/month
Highlights
- Mountain View
- Forced Air Heating and Cooling System
- High Speed Internet
- No HOA
- Vinyl Plank Flooring
- Wood Siding
About This Home
Invest in an 8-unit residential building for $162,500 per unit in a prime location with strong market potential. This modern property offers multiple revenue streams through optimized rentals, strategic ownership restructuring, and long-term appreciation. Each of the eight 2-bed, 2-bath units averages 950 sq ft, built with durable, flood-resistant construction, proven resilient during past Sumas floods. With its desirable area and robust design, this versatile asset promises significant financial upside for savvy investors.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2366221
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,690
Year Built
- Built in 1993
Lot Details
- 0.34 Acre Lot
- 410435 039317 0000,410435 039317 0001,410435 039317 0002,410435 039317 0003,410435 039317 0004,410435 039317 0005,410435 039317 0006,410435 039317 0007,410435 039317 0008
- Property is in good condition
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 7,672 Sq Ft Home
- 2-Story Property
- Mountain Views
Flooring
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Bathrooms
Parking
- 15 Parking Spaces
- Open Parking
Utilities
- Forced Air Heating and Cooling System
- High Speed Internet
Community Details
- No Home Owners Association
- Sumas Subdivision
Listing and Financial Details
- Assessor Parcel Number 4104350393170000
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | -- | -- | -- |
| 2023 | $0 | $0 | $0 | $0 |
| 2022 | $0 | $0 | $0 | $0 |
| 2021 | $9,682 | $0 | $0 | $0 |
| 2020 | $7,520 | $731,268 | $150,490 | $580,778 |
| 2019 | $6,104 | $589,667 | $139,341 | $450,326 |
| 2018 | $7,676 | $541,674 | $128,000 | $413,674 |
| 2017 | $7,390 | $519,660 | $127,200 | $392,460 |
| 2016 | $7,324 | $519,660 | $127,200 | $392,460 |
| 2015 | $6,412 | $519,660 | $127,200 | $392,460 |
| 2014 | -- | $490,245 | $120,000 | $370,245 |
| 2013 | -- | $490,245 | $120,000 | $370,245 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2025 04/27/25 | For Sale | $1,300,000 | +8.6% | $169 / Sq Ft |
| 12/01/2023 12/01/23 | Sold | $1,197,000 | +0.4% | $156 / Sq Ft |
| 10/18/2023 10/18/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | For Sale | $1,192,000 | -- | $155 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,225,000 | Chicago Title Bellingham | |
| Warranty Deed | $975,000 | Whatcom Land Title | |
| Warranty Deed | $490,780 | Stewart Title Company | |
| Warranty Deed | $540,000 | Chicago Title Insurance | |
| Warranty Deed | $421,500 | First American Title Insuran |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $918,750 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $977,524 | Purchase Money Mortgage | |
| Previous Owner | $355,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $405,000 | Commercial | |
| Previous Owner | $337,200 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2366221
APN: 410435-039317-0000
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.
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.
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