Listed by Keller Williams Western Realty
NOT LISTED FOR SALE

388 W 3rd St Sumas, WA 98295

Estimated Value: $140,883 - $269,000

0.31 Acre
$696,648 Price per Acre
13,504 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $40,000 $43 Per Sq Ft

Est. 440% increase in value since last sale

Current estimated payment $1,220/month

160 Days on Market

About This Lot

As of March 2023

Investor alert! Just under 1/3 of an acre lot. Located just off of Cherry Street in Sumas, the property is zoned industrial and 920 square foot structure with 1 bedroom & bathroom was built in 1910. 15 minutes to Lynden, 10 minutes to Everson, and 35 minutes to Barkley Village. Property was flooded during Sumas Flood in 2021 & has been boarded up since. Ready for you to turn it into whatever you desire! **Previously approved short sale by the bank at $60,500**

Last Agent to Sell the Property

Anthony Zapata

Keller Williams Western Realty License #27658 Listed on: 10/07/2022

Keller Williams Western Realty

Co-Listed By

Ben Kinney

Keller Williams Western Realty License #24329

Keller Williams Western Realty

Last Buyer's Agent

Ben Kinney

Keller Williams Western Realty License #24329

Keller Williams Western Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2013562

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $970

Lot Details

  • 0.31

Additional Features

  • 0.31 Acre Lot
  • Septic Design Installed

Community Details

  • No Home Owners Association
  • Johnsons Condos
  • Sumas Subdivision

Listing and Financial Details

  • Legal Lot and Block 7-8-9 / 8
  • Assessor Parcel Number 4104344141830000

Property Details

Property Type

Land

Est. Annual Taxes

$970

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Johnsons
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: 4108

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected, Septic Design Installed
  • ElectricityStatus: On Property
  • GasStatus: On Property
  • SepticDesignInstalled: true

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Nooksack Valley
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 4104344141830000
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504
  • Zoning Description: I
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 7-8-9

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 970

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Mar 30, 2023
Sold by
Harrison David E and Harrison Denise
Bought by
King Michael Edward
Seller's Agent
Anthony Zapata
Keller Williams Western Realty
Buyer's Agent
Ben Kinney
Keller Williams Western Realty
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Views
112
Current Estimated Value
$215,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,961
Avg. Annual Appreciation
94.74%

Purchase Details

Closed on
Feb 16, 2002
Sold by
Sanford Morris B and Estate Of Loie B Sanford
Bought by
Harrison David E and Harrison Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
7.13%
Mortgage Type
Seller Take Back
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
King Michael Edward -- Chicago Title
Harrison David E -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harrison David E $42,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $40,000 -33.9% $43 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
02/27/2023 02/27/23 Price Changed $60,500 +21.0% $66 / Sq Ft
02/27/2023 02/27/23 For Sale $50,000 0.0% $54 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
12/30/2022 12/30/22 Price Changed $50,000 -47.4% $54 / Sq Ft
10/07/2022 10/07/22 For Sale $95,000 -- $103 / 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 $900 $40,328 $30,845 $9,483
2023 $900 $90,732 $60,263 $30,469
2022 $970 $81,742 $54,292 $27,450
2021 $923 $82,856 $44,870 $37,986
2020 $886 $67,364 $36,481 $30,883
2019 $754 $67,364 $36,481 $30,883
2018 $915 $64,630 $35,000 $29,630
2017 $817 $60,147 $29,000 $31,147
2016 $780 $55,497 $26,750 $28,747
2015 $704 $53,320 $25,800 $27,520
2014 -- $51,667 $25,000 $26,667
2013 -- $51,667 $25,000 $26,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2013562

Northwest Multiple Listing Service (NWMLS)

APN: 410434-414183-0000