Listed by List4FlatFee.com, LLC, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $811,000 - $948,000

3 Beds
2 Baths
1,705 Sq Ft
$517/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $819,500 $481 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,418/month

Highlights

  • Bay View
  • No HOA
  • 2-minute walk to Laurel Park
  • Fairhaven Middle School Rated A-
  • Wood Siding

About This Home

As of October 2023

Investment opportunity! Duplex near Western Washington University and downtown with bay view! One unit is a two bedroom, one bath and second unit is a four-bedroom, one bath unit Both units have a washer and dryer included. Ample off-street parking. Basement has a large storage area.

Last Agent to Sell the Property

Stacie Whitfield

List4FlatFee.com, LLC License #13147 Listed on: 09/29/2023

Last Buyer's Agent

Kari Davis

eXp Realty License #123601

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2167053

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 1908

Lot Details

  • 5,227

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,705 Sq Ft Home
  • 2-Story Property
  • Bay Views

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • 5,227 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Sehome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803311424360000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,336

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1908
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1705
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Bay
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 3234

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803311424360000
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15.5
  • LeasedItems: None
  • TotalMonthlyIncome: 4435

Multi Family

  • Gross Scheduled Income: 53220
  • Net Operating Income: 41206
  • Number Of Units Total: 2
  • Insurance Expense: 847
  • Leasable Area: 1705
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Oct 23, 2023
Sold by
Frazier Joe K and Frazier Jane M
Bought by
Rosellison Danielle and Rosellison Justin Ross
Seller's Agent
Stacie Whitfield
List4FlatFee.com, LLC
Buyer's Agent
Kari Davis
eXp Realty
List Price
$824,900
Sold Price
$819,500
Premium/Discount to List
-$5,400
-0.65%
Views
7
Current Estimated Value
$884,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,329
Avg. Annual Appreciation
4.21%
Original Mortgage
$442,500
Outstanding Balance
$436,256
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$446,017

Purchase Details

Listed on
Feb 1, 2020
Closed on
Mar 19, 2020
Sold by
Mcg Investments Llc
Bought by
Frazier Joe K and Frazier Jane M
Seller's Agent
Carol Cattle
Windermere Real Estate Whatcom
Buyer's Agent
Mary Kay Robinson
Windermere Real Estate Whatcom
List Price
$450,000
Sold Price
$478,000
Premium/Discount to List
$28,000
6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.20%
Original Mortgage
$358,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2004
Sold by
Gormley Mary Cash
Bought by
Mcg Investments Llc

Purchase Details

Closed on
Sep 8, 2000
Sold by
Mcclure Charles R
Bought by
Gormley Mary Cash
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
Rosellison Danielle $819,500 Chicago Title
Frazier Joe K $478,000 Chicago Title Bellingham
Mcg Investments Llc -- --
Gormley Mary Cash $22,471 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosellison Danielle $442,500
Previous Owner Frazier Joe K $358,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $819,500 -0.7% $481 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $824,900 +72.6% $484 / Sq Ft
03/23/2020 03/23/20 Sold $478,000 +6.2% $280 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $450,000 -- $264 / 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 $6,879 $799,153 $477,210 $321,943
2023 $6,879 $819,500 $489,360 $330,140
2022 $5,437 $749,211 $414,720 $334,491
2021 $4,946 $585,321 $324,000 $261,321
2020 $3,514 $502,536 $300,000 $202,536
2019 $3,310 $345,070 $199,800 $145,270
2018 $3,333 $325,961 $188,811 $137,150
2017 $2,902 $280,602 $162,270 $118,332
2016 $2,602 $255,305 $147,555 $107,750
2015 $2,609 $238,372 $139,185 $99,187
2014 -- $231,205 $135,000 $96,205
2013 -- $223,121 $132,750 $90,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2167053

Northwest Multiple Listing Service (NWMLS)

APN: 380331-142436-0000