NOT LISTED FOR SALE

502 Second St Unit A Sumas, WA 98295

Estimated Value: $531,160 - $952,000

8 Beds
4 Baths
3,164 Sq Ft
$212/Sq Ft Est. Value

About This Home

This home is located at 502 Second St Unit A, Sumas, WA 98295 and is currently estimated at $671,790, approximately $212 per square foot. 502 Second St Unit A is a home located in Whatcom County with nearby schools including Sumas Elementary School, Nooksack Elementary School, and Everson Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2023
Sold by
Melvin Graham and Melvin Greta L
Bought by
James Gertrude
Current Estimated Value
$631,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$347,084
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$214,801

Purchase Details

Closed on
Sep 7, 2018
Sold by
Gurpreet S Cheema
Bought by
Stauffer Robby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
4.54%

Purchase Details

Closed on
May 13, 2016
Sold by
Davidson Brian
Bought by
Melvin Graham and Melvin Greta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2012
Sold by
The Bank Of New York Mellon
Bought by
Davidson Brian

Purchase Details

Closed on
Feb 16, 2011
Sold by
White Alvin B
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 9, 2010
Sold by
White Alvin B
Bought by
White Buffalo Holding Company 2 Llc

Purchase Details

Closed on
Oct 6, 2005
Sold by
Thomas Karl A and Thomas Karen B
Bought by
White Alvin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 21, 2005
Sold by
Thomas Karl A
Bought by
Thomas Karl A and Thomas Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2003
Sold by
Rudy Timothy M
Bought by
Thomas Karl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 1999
Sold by
Faris Kevin L and Faris Samantha T
Bought by
Rudy Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
James Gertrude -- Chicago Title
Stauffer Robby -- --
Melvin Graham $285,000 Chicago Title Insurance
Davidson Brian $185,280 Northwest Title Llc
The Bank Of New York Mellon $246,500 None Available
White Buffalo Holding Company 2 Llc -- None Available
White Alvin B $325,280 First American Title Insuran
Thomas Karl A -- Stewart Title Company
Thomas Karl A $178,000 Chicago Title Insurance
Rudy Timothy M $175,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Gertrude $356,250
Previous Owner Stauffer Robby $248,000
Previous Owner Stauffer Robby --
Previous Owner Melvin Graham $213,750
Previous Owner Davidson Brian $192,000
Previous Owner White Alvin B $260,000
Previous Owner White Alvin B $65,000
Previous Owner Thomas Karl A $217,500
Previous Owner Thomas Karl A $133,500
Previous Owner Rudy Timothy M $140,000
Closed Rudy Timothy M $21,000
Closed Thomas Karl A $217,500
Source: Public Records

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 $3,232 $536,743 $149,500 $387,243
2023 $3,232 $338,098 $137,744 $200,354
2022 $4,599 $304,598 $124,096 $180,502
2021 $4,369 $407,368 $102,560 $304,808
2020 $4,187 $331,201 $83,384 $247,817
2019 $3,538 $331,201 $83,384 $247,817
2018 $4,471 $317,760 $80,000 $237,760
2017 $3,977 $305,599 $63,800 $241,799
2016 $3,782 $282,018 $58,850 $223,168
2015 $3,395 $270,405 $56,760 $213,645
2014 -- $262,020 $55,000 $207,020
2013 -- $262,020 $55,000 $207,020
Source: Public Records

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