NOT LISTED FOR SALE

3882 Britton Rd Bellingham, WA 98226

1 Bed
1 Bath
864 Sq Ft
4.85 Acres

Last Sold July 30, 2018

Last sale price $875,000 $1,013 Per Sq Ft

2 Days on Market

Highlights

  • Secluded Lot
  • Squalicum High School Rated A-
  • 1-Story Property

About This Home

As of July 2018

This income property consists of a duplex, single family home, and 3 mobile homes. Located on Britton Road near Lake Whatcom, this property is 4.76 acres zoned UR. With below market rents, and upside with future development, this strong income property generates a NOI of $47,485. Connected to city sewer, and public water, this property is low maintenance and ideal for a cash flow driven investor.

Last Agent to Sell the Property

Michael Reams

Windermere Real Estate Whatcom License #114384 Listed on: 07/05/2018

Last Buyer's Agent

Michael Reams

Windermere Real Estate Whatcom License #114384 Listed on: 07/05/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1323253

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,180

Year Built

  • Built in 1978

Lot Details

  • 4.85 Acre Lot
  • Secluded Lot
  • Value in Land

Home Design

  • Composition Roof
  • Vinyl Construction Material

Parking

  • 12 Parking Spaces
  • Open Parking

Schools

  • Northern Heights Ele Elementary School
  • Shuksan Mid Middle School
  • Squalicum High School

Additional Features

  • 1-Story Property
  • Natural Gas Connected

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803153002470005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,180

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1978
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 282

Interior Features

  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Secluded, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 8748

Schools

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

Lot Info

  • Parcel Number: 3803153002470005
  • Lot Size Acres: 4.8542
  • Lot Size Sq Ft: 211450
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 68850

Multi Family

  • Gross Scheduled Income: 68850
  • Net Operating Income: 47485
  • Number Of Units Total: 6
  • Insurance Expense: 1500
  • Leasable Area: 5845
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4180

MLS Schools

  • Elementary School: Northern Heights Ele

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $875,000 -2.8% $1,013 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $900,000 -- $1,042 / 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: 1323253

Northwest Multiple Listing Service (NWMLS)

APN: 380315 300247 0000