NOT LISTED FOR SALE

480 S State St Unit 203 Bellingham, WA 98225

South Hill Neighborhood

Estimated Value: $889,477 - $961,000

2 Beds
1 Bath
1,395 Sq Ft
0.71 Acres

Last Sold May 27, 2020

Last sale price $650,000 $466 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,746/month

19 Days on Market

Highlights

  • Views of a Sound
  • 1 Fireplace
  • Garage
  • Fairhaven Middle School Rated A-
  • Ceramic Tile Flooring
  • 4-minute walk to Boulevard Park

About This Home

As of May 2020

Welcome to Fairhaven/West Water Luxury Condo! Enjoy a panoramic view of the bay off your balcony-w/incredible sunsets that will take your breath away! Ground floor unit (no stairs) w/open floor plan. Central A/C. Newer Furnace/H2O tank. Totally remodeled kitchen & baths. Private garage w/storage & 1 assigned parking spot. Access stairs to community lawn. Lg utility room w/built in cabinets and counters & new washer/dryer. Just a short walk away from the beautiful and charming downtown Fairhaven!

Last Agent to Sell the Property

Kris Verdi

Windermere RE West Campus Inc License #33164 Listed on: 03/18/2020

Windermere RE West Campus Inc

Last Buyer's Agent

Leopoldo Perezchica

TEC Real Estate Inc. License #130572

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1578846

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,226

Year Built

  • Built in 1990

Lot Details

  • 0.71

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain
  • Territorial

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 3702011445300006

Community Details

Overview

  • 11 Units
  • Fairhaven Community

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,226

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, 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
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage in Front
  • Estimated Sq Ft: 1395
  • Window Coverings: Stay

Exterior Features

  • Exterior: Wood
  • Roof: Metal
  • View: Bay, City, Mountain, Sound, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage, Off Street
  • Parking Space Number: 203

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Water Heater: Laundry Room-Gas/Newer

Condo/Co-op/Association

  • Numberof Units in Building: 11
  • Numberof Units In Complex: 11
  • HOA Fees: 485
  • Community Name: Fairhaven
  • Project: West Water Luxury
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: J Bowman Assoc (360) 733-0956
  • Association Contact: Sharon Glenovich (360) 739-2989
  • Common Property Features: Cable Tv, High Speed Int Avail, Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer, Snow Removal, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Insulated Windows, Master Bath, Walk-In Closet

Schools

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

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 3702011445300006

Tax Info

  • Tax Amount: 5740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
May 20, 2020
Sold by
Ihry Antonia L
Bought by
Reynolds Stanley and Reynolds Carol
Seller's Agent
Kris Verdi
Windermere RE West Campus Inc
Buyer's Agent
Leopoldo Perezchica
TEC Real Estate Inc.
List Price
$680,000
Sold Price
$650,000
Premium/Discount to List
-$30,000
-4.41%
Total Days on Market
19
Current Estimated Value
$920,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,869
Avg. Annual Appreciation
7.13%
Original Mortgage
$487,000
Outstanding Balance
$437,172
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$483,697

Purchase Details

Listed on
Jul 27, 2017
Closed on
Nov 20, 2017
Sold by
West Walter Hodlings Llc
Bought by
Ihry Antonia L
Seller's Agent
Carrie Vike-Hilleary
Coldwell Banker Bain
Buyer's Agent
Shari Draper
Windermere Real Estate Whatcom
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$424,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2006
Sold by
Sandvig James Olaf and Sandvig Edward E
Bought by
West Water Holdings Llc

Purchase Details

Closed on
May 5, 2000
Sold by
Sandvig Johanna C and Johansen Mary Jo
Bought by
Johansen Mary Jo
Source: Public Records

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
Reynolds Stanley $650,000 Whatcom Land Title Co Inc
Ihry Antonia L $4,044 Chicago Title Co Of Washingt
West Water Holdings Llc $413,880 Chicago Title Insurance
Johansen Mary Jo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Stanley $487,000
Previous Owner Ihry Antonia L $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $650,000 -4.4% $466 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $680,000 +28.3% $487 / Sq Ft
11/28/2017 11/28/17 Sold $530,000 -7.8% $380 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
09/14/2017 09/14/17 Price Changed $575,000 0.0% $412 / Sq Ft
09/14/2017 09/14/17 For Sale $575,000 +8.5% $412 / Sq Ft
08/15/2017 08/15/17 Off Market $530,000 -- --
07/27/2017 07/27/17 For Sale $625,000 -- $448 / 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 $7,226 $928,775 $220,129 $708,646
2023 $7,226 $928,775 $220,129 $708,646
2022 $6,389 $807,611 $191,412 $616,199
2021 $6,017 $684,418 $162,214 $522,204
2020 $5,740 $595,123 $141,050 $454,073
2019 $4,484 $548,500 $130,000 $418,500
2018 $4,709 $429,662 $117,018 $312,644
2017 $4,316 $387,363 $105,480 $281,883
2016 $3,988 $370,563 $102,780 $267,783
2015 $3,755 $356,760 $98,730 $258,030
2014 -- $325,000 $90,000 $235,000
2013 -- $325,000 $90,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1578846

Northwest Multiple Listing Service (NWMLS)

APN: 370201-144530-0006