Listed by John L. Scott Bellingham, Bought with Windermere Real Estate Whatcom
NOT LISTED FOR SALE

5050 Festival Blvd Unit 2B Bellingham, WA 98226

Cordata Neighborhood

Estimated Value: $452,000 - $506,000

2 Beds
2.5 Baths
1,891 Sq Ft
$369/mo HOA Fee

Last Sold September 30, 2020

Last sale price $342,900 $181 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,249/month

148 Days on Market

Highlights

  • Active Adult
  • Contemporary Architecture
  • Territorial View
  • Clubhouse
  • Property is near public transit
  • Vaulted Ceiling

About This Home

As of September 2020

Live light & bright in this beautiful spacious 1891 sq. ft 55+ condo with soaring vaulted ceilings, gas fireplace, & large windows in the dining rm, living rm, and entry. Home has 2 master suites with ensuite baths & walk-in closets. Master on main allows you main floor living w/rm for guests above. Spacious office loft allows for additional sleeping space. Home has lots of storage w/kitchen pantry, under stair closet & 1 car garage with work space. Many recent upgrades! Community Clubhouse.

Last Agent to Sell the Property

Kelly Hanlon

John L. Scott Bellingham License #106054 Listed on: 03/20/2020

John L. Scott Bellingham

Last Buyer's Agent

Nanette McDowell

Windermere Real Estate Whatcom License #6741

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1579657

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1995

HOA Fees

  • $369 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,891 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Natural Gas Connected
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Private Yard

Listing and Financial Details

  • Assessor Parcel Number 3802122054000006

Community Details

Overview

  • Active Adult
  • Association fees include common area maintenance, garbage, lawn service, road maintenance, snow removal, water/sewer
  • Festival Square Condos
  • Cordata Subdivision
  • Park Phone (360) 685-0123 | Manager Rachel Long

Amenities

  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,639

Year Built

Built in 1995

Lot Details

0

HOA Fees

$369 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1995
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Festival Square Condos
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1891
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Central Vacuum,Insulated Windows,Primary Bath,Vaulted Ceilings,Yard
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Yard, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Garage, Off Street

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Connected, Garbage, Snow Removal, Water/Sewer
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Cable TV, Game/Rec Rm, Outside Entry, Trail(s)
  • Park Manager Name: Rachel Long
  • Park Manager Phone: 360-685-0123
  • Association Fee: 369
  • Association Fee Frequency: Monthly
  • CoOp: false
  • CommonPropertyFeatures: Age Restriction,Cable TV,ClubHouses,Game/Rec Rm,High Speed Int Avail,Outside Entry,Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Snow Removal, Water/Sewer

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3802122054000006
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2639

Multi Family

  • UnitsInBuildingTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Sep 23, 2020
Sold by
Elden Balzer Gerald
Bought by
Charlton Alice S and Charlton Wesley White
Seller's Agent
Kelly Hanlon
John L. Scott Bellingham
Buyer's Agent
Nanette McDowell
Windermere Real Estate Whatcom
List Price
$379,900
Sold Price
$342,900
Premium/Discount to List
-$37,000
-9.74%
Current Estimated Value
$487,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,492
Avg. Annual Appreciation
7.26%
Original Mortgage
$240,030
Outstanding Balance
$213,011
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$274,381

Purchase Details

Closed on
Apr 18, 2007
Sold by
Stepanova Irina I
Bought by
Balzer Elden and Balzer Gloria

Purchase Details

Closed on
Oct 10, 2003
Sold by
Nowak Margaret T
Bought by
Stepanova Irina I

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
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Charlton Alice S $5,491,400 Chicago Title
Charlton Alice S $342,900 Chicago Title Company Of Wa
Balzer Elden $255,280 Stewart Title Company
Stepanova Irina I $175,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charlton Alice S $240,030
Closed Charlton Alice S $240,030
Previous Owner Stepanova Irina I $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $342,900 -9.7% $181 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $379,900 0.0% $201 / Sq Ft
06/26/2020 06/26/20 For Sale $379,900 +10.8% $201 / Sq Ft
06/21/2020 06/21/20 Off Market $342,900 -- --
03/20/2020 03/20/20 For Sale $425,000 -- $225 / 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 $3,423 $439,627 $43,690 $395,937
2023 $3,423 $439,627 $43,690 $395,937
2022 $2,991 $396,060 $39,360 $356,700
2021 $3,164 $322,000 $32,000 $290,000
2020 $3,017 $321,474 $23,819 $297,655
2019 $2,639 $296,291 $21,953 $274,338
2018 $2,657 $259,877 $19,255 $240,622
2017 $2,324 $223,655 $16,571 $207,084
2016 $2,092 $204,490 $15,151 $189,339
2015 $2,072 $191,650 $14,200 $177,450
2014 -- $183,596 $15,855 $167,741
2013 -- $170,568 $14,730 $155,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1579657

Northwest Multiple Listing Service (NWMLS)

APN: 380212-205400-0006