Listed by Windermere Real Estate Whatcom, Bought with eXp Realty
NOT LISTED FOR SALE

4024 Lakeway Dr Bellingham, WA 98229

Estimated Value: $603,000 - $660,622

2 Beds
1 Bath
1,190 Sq Ft
$529/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $540,000 $454 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,773/month

Highlights

  • 1.97 Acre Lot
  • Fireplace in Primary Bedroom
  • Territorial View
  • Kulshan Middle School Rated A-
  • Wooded Lot
  • Vaulted Ceiling

About This Home

As of October 2022

Charming 1939 cottage set on a rare 2 acre in town lot! This split log & cedar shake home has vaulted ceilings, cedar paneling, fir beams, french doors & fireplace in the living room. Solid wood doors, multi pane windows & nice built ins throughout add warmth & character. Primary bedroom also has a cozy, wood burning fireplace. One car garage w/additional side room & heated storage above. This beautiful property is mostly flat with huge, majestic evergreens. Walkable paths lead to lovely places to sit & take in the many exotic & flowering plantings. Forced air natural gas heat, On demand hot water heater & city water and sewer. New shake roof 10 years ago. So close to Whatcom Falls Park and Galbraith Mountain's beloved biking/hiking trails!

Last Agent to Sell the Property

Karen Caemmerer

Windermere Real Estate Whatcom License #111341 Listed on: 09/15/2022

Windermere Real Estate Whatcom

Last Buyer's Agent

Margaret Warner

eXp Realty License #115604

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1994824

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,368

Year Built

  • Built in 1939

Lot Details

  • 1.97 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Shake Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outbuilding

Schools

  • Carl Cozier Elementary School
  • Kulshan Mid Middle School
  • Sehome High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Geneva Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803270940110000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,368

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1939
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1190
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet, Fireplace (Primary Bedroom), French Doors, Vaulted Ceiling(s), Water Heater
  • Living Area: 1190
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 1190
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Cedar Shake
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Log, Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Forced Air
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterHeaterType: Gas -On demand tankless
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Kulshan Mid

Lot Info

  • Parcel Number: 3803270940110000
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 1.9676
  • Lot Size: see map in supplements
  • Lot Size Sq Ft: 85710
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Outbuildings
  • MLSLotSizeSource: assessor
  • MLSSquareFootageSource: assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4368

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Carl Cozier Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 10, 2022
Sold by
Olsen David
Bought by
Macbean Edgar Craig and Kelly Jamie Sue
Seller's Agent
Karen Caemmerer
Windermere Real Estate Whatcom
Buyer's Agent
Margaret Warner
eXp Realty
List Price
$589,000
Sold Price
$540,000
Premium/Discount to List
-$49,000
-8.32%
Current Estimated Value
$629,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,406
Avg. Annual Appreciation
5.37%
Original Mortgage
$432,000
Outstanding Balance
$417,526
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$211,880
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
Macbean Edgar Craig -- Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macbean Edgar Craig $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $540,000 -8.3% $454 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $589,000 -- $495 / 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 $5,227 $678,836 $346,997 $331,839
2023 $5,227 $606,317 $309,928 $296,389
2022 $4,368 $513,838 $262,656 $251,182
2021 $4,117 $401,436 $205,200 $196,236
2020 $3,778 $371,700 $190,000 $181,700
2019 $3,487 $336,361 $177,600 $158,761
2018 $3,524 $317,720 $167,832 $149,888
2017 $3,075 $273,562 $144,240 $129,322
2016 $2,738 $248,917 $131,160 $117,757
2015 $2,737 $232,119 $123,720 $108,399
2014 -- $225,140 $120,000 $105,140
2013 -- $213,230 $106,200 $107,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1994824

Northwest Multiple Listing Service (NWMLS)

APN: 380327-094011-0000