NOT LISTED FOR SALE

4298 Frances Ave Bellingham, WA 98226

King Mountain Neighborhood

Estimated Value: $742,332 - $833,000

2 Beds
1 Bath
2,080 Sq Ft
$384/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $625,000 $300 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,958/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • High Speed Internet
  • Squalicum High School Rated A-
  • Thermal Windows
  • Property is in very good condition

About This Home

As of March 2021

Clean well-cared-for investment property on King Mountain. Large 1040 sq ft units, freestanding gas heating stoves in each unit. Nicely manicured yard for the tenants to enjoy, washers and dryers in each unit for maximizing rent. Upper unit has hardwood flooring in the main living area and very peaceful views. Lower unit has a breezeway all set for storage. If you are looking for a clean quality investment this is worth your look.

Last Listed By

Monte Young

Bellwether Real Estate License #2871 Listed on: 02/17/2021

Bellwether Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1730684

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,531

Year Built

  • Built in 1970

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 83x140x80x119
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803080292630000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,531

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1970
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2080
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 270

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: COB
  • WaterSewerGarbage: 811

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 3803080292630000
  • Lot Size Acres: 0.24
  • Lot Size: 83x140x80x119
  • Lot Size Sq Ft: 10454
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: Assesor
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2800

Multi Family

  • Gross Scheduled Income: 33600
  • Net Operating Income: 25229
  • Number Of Units Total: 2
  • Electric Expense: 16
  • Insurance Expense: 620
  • Leasable Area: 2080
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3531

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 16, 2021
Sold by
Green Daniel C and Green Helen Singer
Bought by
Miller Holly
Seller's Agent
Monte Young
Bellwether Real Estate
Buyer's Agent
Ann Wark
COMPASS
List Price
$549,900
Sold Price
$625,000
Premium/Discount to List
$75,100
13.66%
Total Days on Market
5
Current Estimated Value
$799,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,083
Avg. Annual Appreciation
6.84%
Original Mortgage
$457,500
Outstanding Balance
$415,857
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$407,713

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
Miller Holly $625,000 Chicago Title Bellingham
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Holly $457,500
Previous Owner Green Daniel C $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $625,000 +13.7% $300 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $549,900 -- $264 / 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 $5,814 $713,328 $270,867 $442,461
2023 $5,814 $744,694 $282,777 $461,917
2022 $5,057 $653,240 $248,050 $405,190
2021 $3,615 $539,868 $205,000 $334,868
2020 $3,531 $363,520 $128,510 $235,010
2019 $3,171 $339,647 $120,161 $219,486
2018 $3,279 $304,641 $107,786 $196,855
2017 $2,861 $269,549 $95,370 $174,179
2016 $2,625 $244,977 $86,790 $158,187
2015 $2,551 $233,370 $82,500 $150,870
2014 -- $219,392 $82,560 $136,832
2013 -- $210,285 $80,000 $130,285
Source: Public Records

Agents Affiliated with this Home

  • Monte Young

    Seller's Agent in 2021

    Monte Young

    Bellwether Real Estate

    (360) 380-0803

    2 in this area

    60 Total Sales

    Monte Young
    Section Image
  • Ann Wark

    Buyer's Agent in 2021

    Ann Wark

    COMPASS

    (360) 739-4601

    2 in this area

    88 Total Sales

    Ann Wark
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1730684

Northwest Multiple Listing Service (NWMLS)

APN: 380308-029263-0000

Washington Whatcom County Bellingham 98226 King Mountain

4298 Frances Ave, Bellingham, WA

Homes for Sale in Bellingham, WA

This home is located at 4298 Frances Ave, Bellingham, WA 98226 since 17 February 2021 and is currently estimated at $799,083, approximately $384 per square foot. This property was built in 1970. 4298 Frances Ave is a home located in Whatcom County with nearby schools including Cordata Elementary School, Shuksan Middle School, and Squalicum High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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