Listed by Coldwell Banker Bain
NOT LISTED FOR SALE

Estimated Value: $734,700

12.07 Acres
$60,870 Price per Acre
525,769 Sq Ft Lot

Last Sold March 15, 2023

Last sale price $680,000

Est. 8% increase in value since last sale

Current estimated payment $4,105/month

210 Days on Market

About This Lot

As of March 2023

Zoned Commercial/Industrial w/ 166' of road frontage on high traffic Meridian Street in Bellingham directly across from WalMart. Other large retailers within walking distance include: Big 5 Sporting Goods, Michaels Arts and Crafts Store, Sierra Trading Post, Hobby Lobby, Home Goods, Sportsman's Warehouse, Pet Smart and Best Buy. Bellis Fair Regional Mall is just south along Meridian Street and I-5 intersection. Traffic count of over 30,000 vehicles per day. Meridian Street / Hwy 539 links southern B.C. (Aldergrove / Lynden border crossing) to Bellingham. City of Bellingham services in street. Near Whatcom Community College, growing Cordata neighborhood, high density residential area, restaurants, public services and more.

Last Agent to Sell the Property

Jeffery Morrison

Coldwell Banker Bain License #28017 Listed on: 08/08/2022

Coldwell Banker Bain

Co-Listed By

Bethnie Morrison

Coldwell Banker Bain License #28014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1980036

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,223

Lot Details

  • 12.07

Schools

  • Cordata Elementary School
  • Shuksan Mid Middle School
  • Squalicum High School

Additional Features

  • 12.07 Acre Lot
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3802124614380000

Property Details

Property Type

Land

Est. Annual Taxes

$3,223

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens,Lightly Treed,Stream/Creek
  • Special Features: None
  • Cumulative Days on Market: 1,102

Interior Features

  • Possible Use: Commercial, Industrial, Retail
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved
  • RoadOnWhichSide: East and South
  • WaterJurisdiction: City of Bellingham

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available, In Street
  • Water Source: Available, In Street
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 3802124614380000
  • Lot Size Acres: 12.07
  • Lot Size Sq Ft: 525769
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Industrial-Light,Retail

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3223

MLS Schools

  • Elementary School: Cordata Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Mar 10, 2023
Sold by
Horng Tsui-Li
Bought by
City Of Bellingham
Seller's Agent
Jeffery Morrison
Coldwell Banker Bain
List Price
$799,000
Sold Price
$680,000
Premium/Discount to List
-$119,000
-14.89%
Views
89
Current Estimated Value
$734,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,700
Avg. Annual Appreciation
3.25%
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
City Of Bellingham -- Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $680,000 -14.9% --
03/06/2023 03/06/23 Pending -- -- --
08/08/2022 08/08/22 For Sale $799,000 -- --
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 $1,227 $541,510 $541,510 --
2023 $1,227 $595,661 $595,661 $0
2022 $6,446 $721,776 $721,776 $0
2021 $6,299 $694,015 $694,015 $0
2020 $6,517 $640,029 $640,029 $0
2019 $7,356 $640,029 $640,029 $0
2018 $7,682 $724,304 $724,304 $0
2017 $7,350 $646,700 $646,700 $0
2016 $7,060 $646,700 $646,700 $0
2014 -- $762,547 $762,547 $0
2013 -- $762,547 $762,547 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1980036

Northwest Multiple Listing Service (NWMLS)

APN: 380212-443440-0000