NOT LISTED FOR SALE

507 E Maple St Bellingham, WA 98225

Sehome Neighborhood

Estimated Value: $902,000 - $1,076,968

5 Beds
3 Baths
3,402 Sq Ft
$295/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $380,000 $112 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $6,092/month

44 Days on Market

Highlights

  • Bay View
  • Thermal Windows
  • Wall to Wall Carpet
  • Fairhaven Middle School Rated A-
  • High Speed Internet
  • 3-minute walk to Laurel Park

About This Home

As of November 2014

Charming Victorian w/ lots of updates, long-term (mature) tenants, plus walk-to-downtown & WWU convenience. This is a great investment in a coveted location! Three 1-bedroom units & 1 studio w/ separate kitchen. All units are large (note building sq.ft.) & well maintained. Bldg has updated: windows, roof, electrical, heating, baths, kitchens & new exterior paint. Lots of tenant parking.

Last Agent to Sell the Property

Colleen McCrory

Lummi Island Realty LLC Listed on: 09/03/2014

Lummi Island Realty LLC

Last Buyer's Agent

Bruce Lockhart

Keller Williams Western Realty License #36443

Keller Williams Western Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 690292

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,042

Year Built

  • Built in 1889

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 62x110
  • Property is in good condition

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,402 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Bay Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Schools

  • Lowell Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

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

Community Details

  • Silver Bay Short Plat Condos
  • Bellingham Subdivision

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 3803312125200000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,042

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1889
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Silver Bay Short Plat
  • New Construction: No
  • CalculatedSquareFootage: 3402
  • Special Features: None
  • Cumulative Days on Market: 347

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: See Remarks
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Available
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB
  • WaterSewerGarbage: 2030

Fee Information

  • Annual Fuel Expense: 372

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 3803312125200000
  • Lot Size Acres: 0.16
  • Lot Size: 62x110
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: B

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 2005

Multi Family

  • Gross Scheduled Income: 24060
  • Net Operating Income: 16588
  • Number Of Units Total: 4
  • Electric Expense: 152
  • Insurance Expense: 875
  • Leasable Area: 3402
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4042

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Nov 12, 2014
Sold by
Washington Paul A and Mccrory Colleen O
Bought by
Lund George Albert
Seller's Agent
Colleen McCrory
Lummi Island Realty LLC
Buyer's Agent
Bruce Lockhart
Keller Williams Western Realty
List Price
$436,500
Sold Price
$380,000
Premium/Discount to List
-$56,500
-12.94%
Current Estimated Value
$1,002,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,492
Avg. Annual Appreciation
9.53%
Original Mortgage
$266,000
Outstanding Balance
$95,524
Interest Rate
3.28%
Mortgage Type
New Conventional
Estimated Equity
$906,968
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
Lund George Albert $380,000 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lund George Albert $266,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $380,000 -12.9% $112 / Sq Ft
10/18/2014 10/18/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $436,500 -- $128 / 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 $6,659 $834,649 $307,880 $526,769
2023 $6,659 $855,848 $315,700 $540,148
2022 $5,439 $737,814 $272,160 $465,654
2021 $5,336 $585,566 $216,000 $369,566
2020 $5,893 $542,191 $200,000 $342,191
2019 $5,276 $578,798 $165,538 $413,260
2018 $5,313 $519,536 $148,623 $370,913
2017 $4,586 $447,306 $127,957 $319,349
2016 $4,011 $403,532 $114,823 $288,709
2015 $3,933 $367,427 $104,873 $262,554
2014 -- $348,602 $99,500 $249,102
2013 -- $352,338 $105,000 $247,338
Source: Public Records

Agents Affiliated with this Home

  • Colleen McCrory

    Seller's Agent in 2014

    Colleen McCrory

    Lummi Island Realty LLC

    (360) 393-9085

    1 Total Sale

    Colleen McCrory
    Section Image
  • Bruce Lockhart

    Buyer's Agent in 2014

    Bruce Lockhart

    Keller Williams Western Realty

    (866) 738-7070

    1 in this area

    33 Total Sales

    Bruce Lockhart
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 690292

Northwest Multiple Listing Service (NWMLS)

APN: 380331-212520-0000

Washington Whatcom County Bellingham 98225 Sehome

507 E Maple St, Bellingham, WA

This home is located at 507 E Maple St, Bellingham, WA 98225 since 03 September 2014 and is currently estimated at $1,002,492, approximately $294 per square foot. This property was built in 1889. 507 E Maple St is a home located in Whatcom County with nearby schools including Lowell Elementary School, Fairhaven Middle School, and Sehome High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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