Listed by Muljat Group, Bought with Pellego, Inc.
NOT LISTED FOR SALE

Estimated Value: $918,000 - $962,000

2 Beds
3 Baths
3,061 Sq Ft
$307/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $830,000 $271 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,608/month

9 Days on Market

Highlights

  • City View
  • Deck
  • Patio
  • Fairhaven Middle School Rated A-
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of April 2023

Whether you're a seasoned real estate investor or just starting out, our triplex is an opportunity you won't want to miss. With a location that's just minutes from major highways, shopping, trails, and Western Washington University, it's a prime spot for tenants looking for easy access to everything they need. This triplex offers the perfect blend of convenience, style, and rental potential. With amenities like washers and dryers in each unit and stunning views from the upper levels, it's a smart choice for any investor.

Last Agent to Sell the Property

Kena Greer Brashear

Muljat Group License #26557 Listed on: 03/08/2023

Muljat Group

Co-Listed By

Adrik Brashear

Muljat Group License #123349

Last Buyer's Agent

Tsz Yan Brady

Pellego, Inc. License #22014411

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2040559

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,115

Year Built

  • Built in 1996

Lot Details

  • 4,356 Sq Ft Lot

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 3,061 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sehome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38033200805400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,115

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: 3061
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 2454

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: 38033200805400
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.76
  • LeasedItems: None
  • TotalMonthlyIncome: 5600

Multi Family

  • Gross Scheduled Income: 67200
  • Net Operating Income: 56441
  • Number Of Units Total: 3
  • Insurance Expense: 1518
  • Leasable Area: 3061
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6115

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 14, 2023
Sold by
Akebavonrut Urai
Bought by
Brady Kevin and Brady Tsz Yan
Seller's Agent
Kena Greer Brashear
Muljat Group
Buyer's Agent
Tsz Yan Brady
Pellego, Inc.
List Price
$925,000
Sold Price
$830,000
Premium/Discount to List
-$95,000
-10.27%
Views
32
Current Estimated Value
$940,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,483
Avg. Annual Appreciation
2.39%
Original Mortgage
$425,000
Outstanding Balance
$415,450
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$463,950

Purchase Details

Listed on
May 1, 2012
Closed on
Jun 1, 2012
Sold by
Savchuk Sergey and Savchuk Svetlana
Bought by
Akebavonrut Urai
Seller's Agent
Josh Baijot
Den Finder
Buyer's Agent
Danne Neill
Muljat Group
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Aug 19, 2011
Sold by
Wiener Arthur N and Weiner Judith H
Bought by
Blue Sky Nw Llc

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
$336,000
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
$340,000
Interest Rate
5.87%
Mortgage Type
Commercial
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
Brady Kevin $827,472 Chicago Title
Akebavonrut Urai $425,280 Whatcom Land Title
Savchuk Sergey -- Whatcom Land Title
Blue Sky Nw Llc $190,280 Whatcom Land Title
Wiener Arthur N $226,280 First American Title Insuran
Wiener Arthur N $464,280 Chicago Title Insurance
Rogers Patricia F $425,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady Kevin $425,000
Previous Owner Wiener Arthur N $417,000
Previous Owner Wiener Arthur N $336,000
Previous Owner Rogers Patricia F $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $830,000 -10.3% $271 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $925,000 +117.6% $302 / Sq Ft
06/07/2012 06/07/12 Sold $425,000 0.0% $139 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $425,000 -- $139 / 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 $7,462 $925,991 $405,456 $520,535
2023 $7,462 $959,097 $419,952 $539,145
2022 $6,115 $816,257 $357,408 $458,849
2021 $5,683 $658,290 $288,240 $370,050
2020 $5,581 $577,442 $252,840 $324,602
2019 $4,262 $548,118 $240,000 $308,118
2018 $4,425 $419,705 $169,260 $250,445
2017 $3,899 $372,547 $150,240 $222,307
2016 $3,552 $343,070 $138,240 $204,830
2015 $3,496 $325,384 $131,040 $194,344
2014 -- $309,881 $124,800 $185,081
2013 -- $294,770 $120,000 $174,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2040559

Northwest Multiple Listing Service (NWMLS)

APN: 380332-009054-0000