Listed by Muljat Group, Bought with Muljat Group
NOT LISTED FOR SALE

Estimated Value: $2,394,121

19.23 Acres
$124,499 Price per Acre
837,659 Sq Ft Lot

Last Sold February 15, 2022

Last sale price $2,100,000

Est. 14% increase in value since last sale

Current estimated payment $14,029/month

Highlights

  • 19.23 Acre Lot
  • Squalicum High School Rated A-
  • Level Lot

About This Lot

As of February 2022

Over 19 acres of gross land area with 6.27 acres of net usable area, zoned Planned Industrial! Good access from Pacific Hwy, close to I-5, and situated between Bellingham International Airport and Costco. Recent improvements include substantial excavation fill and grading work to remove unsuitable spoil fill, which was replaced with fill suitable for commercial development. A new high-capacity bridge was built on the western end of the property along with other civil improvements, including a new road. Opportunity to increase the net usable area and own a piece of land in the path of development!

Last Agent to Sell the Property

Troy Muljat

Muljat Group License #2199 Listed on: 05/20/2021

Muljat Group

Last Buyer's Agent

John Fairbanks

Muljat Group License #23037942

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1777197

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,445

Lot Details

  • 19.23 Acre Lot
  • Level Lot

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3802111962360000

Property Details

Property Type

Land

Est. Annual Taxes

$12,445

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Possible Use: Industrial
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Access Easement,Paved
  • RoadOnWhichSide: West
  • WaterJurisdiction: City

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3802111962360000
  • Topography: Level,SeeRemarks
  • Lot Size Acres: 19.23
  • Lot Size Sq Ft: 837659
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Industrial

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 12445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2022
Sold by
Dci Commercial Llc
Bought by
Dci Pacific Highway Llc
Current Estimated Value
$2,394,121

Purchase Details

Listed on
May 20, 2021
Closed on
Feb 8, 2022
Sold by
Terra Firma Bellingham Llc
Bought by
Dci Commercial Llc
Seller's Agent
Troy Muljat
Muljat Group
Buyer's Agent
John Fairbanks
Muljat Group
List Price
$2,900,000
Sold Price
$2,100,000
Premium/Discount to List
-$800,000
-27.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Jul 13, 2016
Sold by
Rockport Holdings Llc
Bought by
Terra Firma Bellingham Llc

Purchase Details

Closed on
Nov 23, 2009
Sold by
Ebenal David C and Ebenal Bonita L
Bought by
Rockport Holdings Llc

Purchase Details

Closed on
Mar 14, 2006
Sold by
Bas At-1 Inc
Bought by
Ebenal David C and Ebenal Bonita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Dci Pacific Highway Llc -- --
Dci Commercial Llc $2,100,000 Whatcom Land Title
Terra Firma Bellingham Llc $1,600,000 Chicago Title Insurance
Rockport Holdings Llc -- None Available
Ebenal David C -- Whatcom Land Title
Bas At-1 Inc $780,280 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rockport Holdings Llc $220,000
Previous Owner Ebenal David $800,000
Previous Owner Bas At-1 Inc $507,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $2,100,000 -16.0% --
12/22/2021 12/22/21 Pending -- -- --
10/29/2021 10/29/21 Price Changed $2,500,000 -13.8% --
05/20/2021 05/20/21 For Sale $2,900,000 -- --
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 $15,279 $1,964,477 $1,964,477 --
2023 $15,279 $1,964,477 $1,964,477 $0
2022 $17,141 $1,916,563 $1,916,563 $0
2021 $12,445 $1,842,849 $1,842,849 $0
2020 $11,267 $1,262,646 $1,262,646 $0
2019 $10,022 $1,104,815 $1,104,815 $0
2018 $6,185 $985,087 $985,087 $0
2017 $5,919 $519,210 $519,210 $0
2016 $5,686 $519,210 $519,210 $0
2015 $5,759 $519,210 $519,210 $0
2014 -- $508,826 $508,826 $0
2013 -- $508,826 $508,826 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1777197

Northwest Multiple Listing Service (NWMLS)

APN: 380211-196236-0000