NOT LISTED FOR SALE

Estimated Value: $790,709 - $910,000

2 Beds
1 Bath
2,160 Sq Ft
$393/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $240,000 $111 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $5,254/month

676 Days on Market

Highlights

  • 0.41 Acre Lot
  • Mountain View
  • Patio
  • Squalicum High School Rated A-
  • Deck
  • Property is Fully Fenced

About This Home

As of April 2012

Solid duplex, with 2BR, 1BA in each unit, located in area of well-maintained homes with easy access to I-5, hospital and shopping on nearly a half acre lot. Each unit has its own large fully fenced yard. Good investment opportunity especially for owner occupancy.

Mallina Wilson

Keller Williams Western Realty License #83649 Listed on: 05/27/2010

Keller Williams Western Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 81032

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 1972

Lot Details

  • 0.41 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Sunnyland Elementary School
  • Shuksan Mid Middle School
  • Sehome High School

Utilities

  • Natural Gas Connected
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • 1St Addn To King Mt Terr Condos
  • Bakerview Subdivision

Listing and Financial Details

  • Legal Lot and Block 34 / 2
  • Assessor Parcel Number 3803080483200000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,423

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: 1st addn to King Mt Terr
  • CalculatedSquareFootage: 2160
  • Special Features: None
  • Cumulative Days on Market: 912

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 810

Schools

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

Lot Info

  • Parcel Number: 3803080483200000
  • Lot Size Acres: 0.41
  • Lot Size Sq Ft: 17860
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Patio
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 34

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1600

Multi Family

  • Gross Scheduled Income: 19200
  • Net Operating Income: 15247
  • Number Of Units Total: 2
  • Insurance Expense: 720
  • Leasable Area: 2160
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2010
  • Tax Annual Amount: 2423

MLS Schools

  • Elementary School: Sunnyland Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2010
Closed on
Apr 27, 2012
Sold by
Reid Mary E
Bought by
Holland Catherine
Buyer's Agent
Mallina Wilson
Keller Williams Western Realty
List Price
$292,000
Sold Price
$240,000
Premium/Discount to List
-$52,000
-17.81%
Total Days on Market
676
Current Estimated Value
$849,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,177
Avg. Annual Appreciation
10.16%
Original Mortgage
$233,916
Interest Rate
3.5%
Mortgage Type
FHA

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
Holland Catherine $240,280 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Catherine E $186,400
Closed Holland Catherine E $186,400
Closed Holland Catherine $233,916
Previous Owner Reid Mary E $86,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $240,000 -17.8% $111 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
05/28/2010 05/28/10 For Sale $292,000 -- $135 / 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 $6,008 $737,175 $270,867 $466,308
2023 $6,008 $769,589 $282,777 $486,812
2022 $5,201 $675,078 $248,050 $427,028
2021 $3,750 $557,916 $205,000 $352,916
2020 $3,662 $379,074 $128,510 $250,564
2019 $3,287 $354,173 $120,161 $234,012
2018 $3,399 $317,670 $107,786 $209,884
2017 $2,964 $281,077 $95,370 $185,707
2016 $2,718 $255,446 $86,790 $168,656
2015 $2,934 $243,355 $82,500 $160,855
2014 -- $254,399 $92,880 $161,519
2013 -- $243,791 $90,000 $153,791
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 81032

Northwest Multiple Listing Service (NWMLS)

APN: 380308-048320-0000