Listed by John L. Scott Bellingham, Bought with John L. Scott Bellingham
NOT LISTED FOR SALE

5056 Festival Blvd Unit 1C Bellingham, WA 98226

Cordata Neighborhood

Estimated Value: $460,000 - $504,000

2 Beds
2.5 Baths
1,888 Sq Ft
$369/mo HOA Fee

Last Sold August 13, 2020

Last sale price $344,900 $183 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,008/month

40 Days on Market

Highlights

  • Ground Level Unit
  • Clubhouse
  • Property is near public transit
  • Active Adult
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of August 2020

Stop the Car! Best priced 55+ condo in B'ham at $185/sq ft! No stairs from your private garage to the hardwood floor entry, master suite and laundry on the main level, fresh interior paint, vaulted ceilings, loads of natural light, great kitchen, private patio. Furnace and A/C new in 2017! Includes all appliances. Guest suite and loft area for spacious home office or third bedroom upstairs. Dues cover clubhouse, WSG, cable TV/internet, earthquake insurance, more. Great opportunity, come see now!

Last Agent to Sell the Property

Valerie Richardson

John L. Scott Bellingham License #47282 Listed on: 06/05/2020

John L. Scott Bellingham

Last Buyer's Agent

Annie Dameron

John L. Scott Bellingham License #75113

John L. Scott Bellingham

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1611503

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,016

Year Built

  • Built in 1995

HOA Fees

  • $369 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 1,888 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near a bus stop

Utilities

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

Additional Features

  • Balcony
  • Street terminates at a dead end

Listing and Financial Details

  • Assessor Parcel Number 3802122054000003

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, common area maintenance, garbage, snow removal, water/sewer
  • 84 Units
  • Festival Square Condos
  • Cordata Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Recreation Room

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,016

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
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1888
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows,Primary Bath,Top Floor,Vaulted Ceilings,Walk-in Closet
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 1

Utilities

  • Cooling Y N: Yes
  • Utilities: Natural Gas Connected, Garbage, Snow Removal, Water/Sewer
  • ApplianceHookups: Cooking-Gas

Condo/Co-op/Association

  • Community Features: Cable TV, Game/Rec Rm, Outside Entry
  • Association Fee: 369
  • Association Fee Frequency: Monthly
  • Common Interest: Condominium
  • CommonPropertyFeatures: Age Restriction,Cable TV,ClubHouses,Game/Rec Rm,High Speed Int Avail,Outside Entry

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Garbage, Snow Removal, Water/Sewer

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3802122054000003
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: realist

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3016

Multi Family

  • Number Of Units In Community: 84
  • UnitsInBuildingTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Aug 7, 2020
Sold by
Babin Christopher
Bought by
Sheppard Carol S
Seller's Agent
Valerie Richardson
John L. Scott Bellingham
Buyer's Agent
Annie Dameron
John L. Scott Bellingham
List Price
$380,000
Sold Price
$344,900
Premium/Discount to List
-$35,100
-9.24%
Current Estimated Value
$487,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,894
Avg. Annual Appreciation
6.96%
Original Mortgage
$184,900
Outstanding Balance
$164,019
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$323,775

Purchase Details

Closed on
Aug 18, 2011
Sold by
Andresen Larry W and Andresen Christine E
Bought by
Babin Christopher

Purchase Details

Closed on
May 13, 2008
Sold by
Hartman Thomas J and Hartman Susan J
Bought by
Andresen Larry W and Andresen Christine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2004
Sold by
Vivian Howard T and Vivian Rena E
Bought by
Hartman Thomas J and Hartman Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
3.87%
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
Sheppard Carol S $344,900 Chicago Title Bellingham
Babin Christopher $225,280 First American Title Ins
Andresen Larry W $232,780 Chicago Title Insurance
Hartman Thomas J $195,900 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard Carol S $184,900
Previous Owner Andresen Larry W $186,000
Previous Owner Hartman Thomas J $138,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $344,900 -1.4% $183 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/29/2020 06/29/20 Price Changed $349,900 -6.7% $185 / Sq Ft
06/22/2020 06/22/20 Price Changed $374,900 -1.3% $199 / Sq Ft
06/05/2020 06/05/20 For Sale $380,000 -- $201 / 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 $504 $439,627 $43,690 $395,937
2023 $504 $439,627 $43,690 $395,937
2022 $2,991 $396,060 $39,360 $290,000
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: 1611503

Northwest Multiple Listing Service (NWMLS)

APN: 380212-205400-0003