NOT LISTED FOR SALE

506 E 2nd St Nooksack, WA 98247

Estimated Value: $526,000 - $647,000

3 Beds
2 Baths
2,874 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $200,000 $70 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $3,657/month

69 Days on Market

About This Home

As of February 2014

Price Reduced! HUD Home. Spacious 3 bedroom, 2 bathroom home with vaulted ceilings and fireplace. Master bedroom includes attached bath with walk-in closet plus a 2nd bonus closet. Back deck off the dining room overlooking the large fenced backyard. Custom paint colors throughout and nice storage. Sold AS IS. BLB Resources makes no warranty as to condition of property. Buyer to verify all info. See attached Overbidding & Escrow Repair Addendum and WA HUD Disclosures. Per FHA Appraisal 2.1 baths.

Last Agent to Sell the Property

Ben Kinney

Keller Williams Western Realty License #24329 Listed on: 10/21/2013

Keller Williams Western Realty

Co-Listed By

Stephanie Johnson

Keller Williams Western Realty License #18273

Last Buyer's Agent

James Heintz

ONE Realty License #18669

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM558035

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
Feb 18, 2014
Sold by
Palk Parbhjot Kaur
Bought by
Palk Jarnail
Seller's Agent
Ben Kinney
Keller Williams Western Realty
Buyer's Agent
James Heintz
ONE Realty
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Current Estimated Value
$580,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,787
Avg. Annual Appreciation
9.66%
Original Mortgage
$160,000
Outstanding Balance
$122,689
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$445,741

Purchase Details

Listed on
Oct 21, 2013
Closed on
Jan 8, 2014
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Palk Jarnail
Seller's Agent
Ben Kinney
Keller Williams Western Realty
Buyer's Agent
James Heintz
ONE Realty
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$122,689
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$445,741

Purchase Details

Closed on
Jul 12, 2013
Sold by
Gmac Mortgage Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 27, 2013
Sold by
Lootens Blake M and Lootens Bethany A
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Sep 24, 2008
Sold by
Himalaya Homes Inc
Bought by
Lootens Blake M and Lootens Bethany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,749
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2006
Sold by
Burch Daniel W and Burch Edee
Bought by
Himalaya Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,633,750
Interest Rate
6.18%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Palk Jarnail -- Chicago Title Insurance
Palk Jarnail -- Chicago Title Insurance
The Secretary Of Housing & Urban Develop -- Northwest Title Llc
Gmac Mortgage Llc $240,207 Northwest Title Llc
Lootens Blake M $235,230 Chicago Title Insurance
Himalaya Homes Inc $3,762,780 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palk Jarnail $160,000
Previous Owner Lootens Blake M $234,210
Previous Owner Lootens Blake M $230,749
Previous Owner Himalaya Homes Inc $0
Previous Owner Himalaya Homes Inc $2,633,750
Previous Owner Himalaya Homes Inc $2,633,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $200,000 0.0% $70 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
12/26/2013 12/26/13 Price Changed $200,000 -11.1% $70 / Sq Ft
11/25/2013 11/25/13 Price Changed $225,000 -10.0% $78 / Sq Ft
10/21/2013 10/21/13 For Sale $250,000 -- $87 / 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 $5,065 $582,390 $180,000 $402,390
2023 $5,065 $574,759 $137,744 $437,015
2022 $4,638 $517,811 $124,096 $393,715
2021 $4,301 $427,948 $102,560 $325,388
2020 $4,124 $347,933 $83,384 $264,549
2019 $3,545 $347,933 $83,384 $264,549
2018 $3,726 $333,813 $80,000 $253,813
2017 $3,337 $261,263 $63,800 $197,463
2016 $3,189 $241,098 $58,850 $182,248
2015 $2,716 $231,231 $56,760 $174,471
2014 -- $224,061 $55,000 $169,061
2013 -- $224,061 $55,000 $169,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM558035

Northwest Multiple Listing Service (NWMLS)

APN: 400429-349226-0000