Listed by HomeSmart One Realty, Bought with Petz Real Estate
NOT LISTED FOR SALE

Estimated Value: $990,939 - $1,111,000

2 Beds
3 Baths
2,960 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $905,000 $306 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,132/month

30 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • High Speed Internet
  • Fairhaven Middle School Rated A-
  • Patio
  • Wall to Wall Carpet

About This Home

As of September 2022

ATTENTION INVESTORS!! You don't want to miss this 3-unit well-kept charmer featuring lots of light, Spacious and open 2 Bedroom units., all units have washer/dryer inside. And Each unit comes with two assigned parking spots. Easy to rent. This tri-plex is located right next to the WWU park and ride, close to I-5, within walking distance to Whole Foods and Fred Meyer on Lakeway. According to property mgmt agency the future rents could be $1475; $1550 and $1600- owner has charged lower rents.

Last Agent to Sell the Property

Dawn Rood

HomeSmart One Realty License #22000939 Listed on: 08/02/2022

HomeSmart One Realty

Co-Listed By

Dave Campbell

Keller Williams Western Realty License #103588

Last Buyer's Agent

Molly Dzwowa

Petz Real Estate License #136391

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1975370

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,061

Year Built

  • Built in 1996

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,960 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Puget Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803320090590000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,061

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1996
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 1621

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3803320090590000
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18.81
  • LeasedItems: None
  • TotalMonthlyIncome: 4195

Multi Family

  • Gross Scheduled Income: 50340
  • Net Operating Income: 41249
  • Number Of Units Total: 3
  • Insurance Expense: 1168
  • Leasable Area: 2960
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6061

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 8, 2022
Sold by
Gray Richard J
Bought by
Gbs Nwhomes Llc
Seller's Agent
Dawn Rood
HomeSmart One Realty
Buyer's Agent
Molly Dzwowa
Petz Real Estate
List Price
$947,000
Sold Price
$905,000
Premium/Discount to List
-$42,000
-4.44%
Current Estimated Value
$1,031,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,485
Avg. Annual Appreciation
0.84%

Purchase Details

Closed on
Mar 12, 2021
Sold by
Kirkpatrick Holly G and Gray Holly G
Bought by
Gray Richard J

Purchase Details

Closed on
Mar 29, 2011
Sold by
Wiener Arthur N and Wiener Judith H
Bought by
Gray Richard J and Gray Holly G

Purchase Details

Closed on
Jan 26, 2007
Sold by
Flick Robert M and Flick Vicky L
Bought by
Wiener Arthur N and Wiener Judith H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2005
Sold by
Rogers Patricia F and Rogers Julie F
Bought by
Wiener Arthur N and Wiener Judith H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
5.67%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2004
Sold by
Sunshine Home Management Co Llc
Bought by
Rogers Patricia F and Rogers Julie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,600
Interest Rate
4.75%
Mortgage Type
Commercial
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Gbs Nwhomes Llc -- --
Gray Richard J -- None Available
Gray Richard J $315,280 Chicago Title Insurance
Wiener Arthur N $226,280 First American Title Insuran
Wiener Arthur N $455,280 Chicago Title Insurance
Rogers Patricia F -- Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiener Arthur N $417,000
Previous Owner Wiener Arthur N $341,000
Previous Owner Rogers Patricia F $260,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $905,000 -1.1% $306 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $915,000 -1.8% $309 / Sq Ft
08/24/2022 08/24/22 Price Changed $932,000 -1.6% $315 / Sq Ft
08/02/2022 08/02/22 For Sale $947,000 -- $320 / 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 $7,958 $987,578 $405,456 $582,122
2023 $7,958 $1,022,886 $419,952 $602,934
2022 $6,521 $870,546 $357,408 $513,138
2021 $6,061 $702,072 $288,240 $413,832
2020 $5,952 $615,848 $252,840 $363,008
2019 $4,646 $584,573 $240,000 $344,573
2018 $4,824 $457,522 $169,260 $288,262
2017 $4,251 $406,116 $150,240 $255,876
2016 $3,873 $374,000 $138,240 $235,760
2015 $3,812 $354,730 $131,040 $223,690
2014 -- $337,828 $124,800 $213,028
2013 -- $321,160 $120,000 $201,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1975370

Northwest Multiple Listing Service (NWMLS)

APN: 380332-009059-0000