NOT LISTED FOR SALE

472 S State St Unit 403 Bellingham, WA 98225

South Hill Neighborhood

Estimated Value: $1,583,000 - $2,499,627

2 Beds
1 Bath
2,312 Sq Ft
0.94 Acres

Last Sold March 18, 2021

Last sale price $1,850,000 $800 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $13,395/month

5 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • 2 Fireplaces
  • Fairhaven Middle School Rated A-
  • Wood Flooring
  • 4-minute walk to Boulevard Park

About This Home

As of March 2021

Love the life you live, live the life you deserve. Exquisite and unparalleled PENTHOUSE CONDO. Edgewater Place is commercial-grade, ICF Construction nestled between Fairhaven & Bellingham. FRONT ROW to Bellingham Bay & Boulevard Park the unobscured, sweeping 180-degree view of Bellingham Bay, San Juan Islands & stunning sunsets is second to none. Top-of-the-line finishes include: Custom mahogany cabinets, Sub-Zero, Thermador & Bosch. Entertain in style: Butler's Pantry plumbed for second dishwasher and refrigerator. MANY INCLUDED UPGRADES: Sonos sound system, Cestron remote lighting/blinds, state-of-the-art home theatre (included), and much, MUCH more. (Can be purchased fully furnished. List of negotiable items available upon request.)

Last Agent to Sell the Property

Mimi Osterdahl

eXp Realty License #24867 Listed on: 02/18/2021

eXp Realty

Last Buyer's Agent

Ken Harrison

COMPASS License #50418

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1726656

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,007

Year Built

  • Built in 2010

Lot Details

  • 0.94

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • City

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Cement Board or Planked
  • Stone

Interior Spaces

  • 1 Bathroom
  • 4-Story Property
  • 2 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 370201155543015

Community Details

Overview

  • 16 Units
  • Fairhaven Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,007

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Cooking-Gas, Dryer-Electric, Dryer-Gas, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Level 1 - Elevator Access
  • Storage Number: 4 (10x13 - Heated)
  • Estimated Sq Ft: 2312
  • Window Coverings: Included

Exterior Features

  • Construction Methods: Insulated Concrete Form, Steel And Concrete
  • Exterior: Cement Planked, Cement/Concrete, Stone
  • Roof: Metal
  • View: Bay, City, Ocean, Sound

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage, Off Street
  • Parking Space Number: 8 and 9

Utilities

  • Heating And Cooling: Central A/C, Heat Pump, High Efficiency (Unspecified), Radiant
  • Water Heater: Utility Room-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 16
  • Numberof Units In Complex: 16
  • HOA Fees: 571
  • Community Name: Fairhaven
  • Project: Edgewater Place
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Access Real Estate (360) 685-0123
  • Association Contact: John Sykes (817) 789-8395
  • Common Property Features: Cable Tv, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Lobby Entrance, Outside Entry, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Alarm System, Balcony/Deck/Patio, Central Vacuum, French Doors, Insulated Windows, Jetted/Soaking Tub, Master Bath, Penthouse, Top Floor, Vaulted Ceilings, Walk-In Closet

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 370201155543015

Tax Info

  • Tax Amount: 15661

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 8, 2021
Sold by
Wurts John H and Eclipse Trust Revocable Trust
Bought by
Johansen Paul S
Seller's Agent
Mimi Osterdahl
eXp Realty
Buyer's Agent
Ken Harrison
COMPASS
List Price
$1,499,900
Sold Price
$1,850,000
Premium/Discount to List
$350,100
23.34%
Total Days on Market
5
Current Estimated Value
$2,128,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,907
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Jul 26, 2018
Sold by
Wurts John H
Bought by
Wurts John H and The Eclipse Revocable Trust

Purchase Details

Listed on
Sep 1, 2013
Closed on
Dec 18, 2013
Sold by
Boulevard Park Outlook Inc
Bought by
Boulevard Park Trust
Seller's Agent
Mimi Osterdahl
eXp Realty
Buyer's Agent
Rob Merhaut
RE/MAX Whatcom County, Inc.
List Price
$1,225,000
Sold Price
$1,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Source: Public Records

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Range of Values:

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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
Johansen Paul S $1,850,000 Whatcom Land Title Co Inc
Wurts John H -- None Available
Boulevard Park Trust $1,225,280 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boulevard Park Outlook Inc $2,178,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $1,850,000 +23.3% $800 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $1,499,900 +22.4% $649 / Sq Ft
12/27/2013 12/27/13 Sold $1,225,000 0.0% $530 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
09/01/2013 09/01/13 For Sale $1,225,000 -- $530 / 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 $18,007 $1,856,535 $296,328 $1,560,207
2023 $18,007 $2,315,419 $296,328 $2,019,091
2022 $15,927 $2,013,360 $257,670 $1,755,690
2021 $16,414 $1,706,242 $218,365 $1,487,877
2020 $15,661 $1,623,594 $189,875 $1,433,719
2019 $13,151 $1,496,400 $175,000 $1,321,400
2018 $13,812 $1,260,105 $162,525 $1,097,580
2017 $12,611 $1,136,088 $146,500 $989,588
2016 $11,660 $1,082,838 $142,750 $940,088
2015 $10,977 $1,042,975 $137,125 $905,850
2014 -- $950,000 $125,000 $825,000
2013 -- $950,000 $125,000 $825,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1726656

Northwest Multiple Listing Service (NWMLS)

APN: 370201-155543-0015