Listed by Petz Real Estate, Bought with Windermere R.E. Shoreline
NOT LISTED FOR SALE

410 10th St Lynden, WA 98264

Estimated Value: $510,522 - $616,000

2 Beds
1 Bath
1,616 Sq Ft
$359/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $553,000 $342 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,415/month

16 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wall to Wall Carpet
  • No HOA
  • Wood Siding
  • 1-Story Property

About This Home

As of December 2022

Fantastic opportunity to own a duplex in the heart of Lynden! Perfect investment property with the choice to live in Unit A or rent immediately. Both units are single level and have their own covered parking spots and detached/secure storage unit. Nearly mirror image units, both 2 bed/1 bath with laundry in each. Incredibly convenient location! Walk to schools, multiple parks and all downtown Lynden has to offer. The only duplex that has been for sale in this area in 4 months!

Last Agent to Sell the Property

Molly Dzwowa

Petz Real Estate License #136391 Listed on: 10/21/2022

Last Buyer's Agent

Christopher Haynes

Windermere R.E. Shoreline License #25994

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2009358

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 1984

Lot Details

  • 5,663 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Fisher Elementary School
  • Lynden Mid Middle School
  • Lynden High School

Utilities

  • High Speed Internet

Community Details

  • No Home Owners Association
  • Lynden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4003200553400000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,659

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1616
  • Special Features: None
  • Cumulative Days on Market: 362

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Lynden
  • WaterCompany: City of Lynden
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast
  • WaterSewerGarbage: 2590

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lynden
  • High School: Lynden High
  • Middle Or Junior School: Lynden Mid

Lot Info

  • Parcel Number: 4003200553400000
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19.09
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 22921
  • Number Of Units Total: 2
  • Insurance Expense: 630
  • Leasable Area: 1616
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2659

MLS Schools

  • Elementary School: Fisher Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 13, 2022
Sold by
Mercer John W and Mercer Kerry A
Bought by
Rhoads Patrick M and Rhoads Sarah K
Seller's Agent
Molly Dzwowa
Petz Real Estate
Buyer's Agent
Christopher Haynes
Windermere R.E. Shoreline
List Price
$550,000
Sold Price
$553,000
Premium/Discount to List
$3,000
0.55%
Views
4
Current Estimated Value
$579,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,631
Avg. Annual Appreciation
1.79%
Original Mortgage
$193,000
Outstanding Balance
$188,274
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$391,357

Purchase Details

Closed on
Jul 25, 2001
Sold by
Vinkes Albert and Vinkes Barbara
Bought by
Mercer John W and Mercer Kerry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back
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
Rhoads Patrick M -- Whatcom Land Title
Mercer John W $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhoads Patrick M $193,000
Previous Owner Mercer John W $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $553,000 +0.5% $342 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $550,000 -- $340 / 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 $3,079 $431,648 $194,000 $237,648
2023 $3,079 $428,508 $200,000 $228,508
2022 $2,659 $349,222 $135,383 $213,839
2021 $2,608 $288,610 $111,885 $176,725
2020 $2,285 $257,694 $99,900 $157,794
2019 $2,032 $236,370 $91,725 $144,645
2018 $2,221 $215,539 $83,558 $131,981
2017 $1,993 $193,464 $75,000 $118,464
2016 $1,885 $184,679 $66,000 $118,679
2015 $1,670 $173,693 $63,480 $110,213
2014 -- $167,806 $61,320 $106,486
2013 -- $166,486 $60,000 $106,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2009358

Northwest Multiple Listing Service (NWMLS)

APN: 400320-055340-0000