NOT LISTED FOR SALE

Estimated Value: $1,290,000 - $1,863,690

0.23 Acre
$6,977,926 Price per Acre
10,019 Sq Ft Lot

Last Sold August 17, 2018

Last sale price $470,000

Est. 241% increase in value since last sale

Current estimated payment $9,537/month

25 Days on Market

Highlights

  • Ocean View
  • Fairhaven Middle School Rated A-
  • Corner Lot

About This Lot

As of August 2018

Here is a rare South Hill lot. All utilities are available. The view is now opened up and the lot topography is perfect to build a home with an unobstructed view of Bellingham Bay and Lummi Island. Watch the sail boat races or walk to Fairhaven, Boulevard Park, or Western Washington University. Adjoining Lot is also available for $495,000.

Last Agent to Sell the Property

John Templeton

Windermere Real Estate Whatcom License #3046 Listed on: 05/31/2018

Windermere Real Estate Whatcom

Last Buyer's Agent

Renae Ingraham

Bellwether Real Estate License #109488

Bellwether Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1301781

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,228

Year Built

  • 2022

Lot Details

  • Corner Lot
  • Sloped Lot

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Strait Views
  • Territorial

Utilities

  • Sewer in Street

Community Details

  • South Hill Community

Listing and Financial Details

  • Assessor Parcel Number 3702013455200000

Property Details

Property Type

Land

Est. Annual Taxes

$12,228

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Corners Flagged, Evergreens, Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: North & West
  • View: Bay, Ocean, Sound, Strait, Territorial
  • Water Jurisdiction: City of Bellingham

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • Community Name: South Hill
  • Project: Thompson Estates Short Plat

Schools

  • Elementary School: Lowell Elem
  • Middle School: Fairhaven Mid
  • High School: Sehome High
  • School District: BEL

Lot Info

  • Lot Number: 1
  • General Zoning Classification: Residential
  • Lot Details: Alley, Corner Lot, Paved Street
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 10019
  • Parcel Number: 3702013455200000
  • Slopeof Property: West
  • Survey: Surveyed
  • Topography: Sloped
  • Zoning Jurisdiction: City
  • Zoning Remarks: RS7.2

Tax Info

  • Tax Amount: 1676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 1, 2018
Sold by
Kid Development Llc
Bought by
Gorsuch Marilyn E
Seller's Agent
John Templeton
Windermere Real Estate Whatcom
Buyer's Agent
Renae Ingraham
Bellwether Real Estate
List Price
$470,000
Sold Price
$470,000
Total Days on Market
25
Current Estimated Value
$1,604,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,134,923
Avg. Annual Appreciation
20.31%
Original Mortgage
$1,702,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Gorsuch Marilyn E $470,000 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorsuch Marilyn Esther $850,000
Closed Gorsuch Marilyn E $1,702,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $470,000 0.0% --
06/25/2018 06/25/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $470,000 -- --
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 $12,228 $1,517,784 $625,078 $892,706
2023 $12,228 $1,572,048 $647,426 $924,622
2022 $3,696 $944,463 $551,004 $393,459
2021 $3,741 $395,900 $395,900 $0
2020 $3,872 $370,000 $370,000 $0
2019 $1,835 $370,000 $370,000 $0
2018 $2,019 $175,840 $175,840 $0
2017 $1,852 $166,040 $166,040 $0
2016 $1,621 $159,040 $159,040 $0
2015 $1,676 $145,040 $145,040 $0
2014 -- $145,040 $145,040 $0
2013 -- $140,000 $140,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1301781

Northwest Multiple Listing Service (NWMLS)

APN: 370201 345520 0000