NOT LISTED FOR SALE

517 Main Place Unit A & B Lynden, WA 98264

Estimated Value: $713,051 - $895,000

2 Beds
4 Baths
3,038 Sq Ft
$276/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $435,000 $143 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,093/month

2 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Wall to Wall Carpet
  • Patio

About This Home

As of April 2017

Duplex with two large units. Upstairs is 3 bdroom and 1620 sq. ft. Downstairs is 2 bdroom and 1418 sq. ft. Very private at the end of a cul de sac. Each unit has large two car garage. Both units have very long term tenants. Great area. Next to schools and close to downtown. Great investment.

Last Agent to Sell the Property

Molly Visser

John L. Scott Bellingham License #120300 Listed on: 02/27/2017

John L. Scott Bellingham

Last Buyer's Agent

Tony Hoefakker

COMPASS License #119820

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1082359

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,615

Year Built

  • Built in 1995

Lot Details

  • 0.56 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,038 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Lynden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 400319544384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,615

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1995
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3038
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 286

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Available
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Electric, Natural Gas Connected
  • WaterSewerGarbage: 1176

Schools

  • Junior High Dist: Lynden

Lot Info

  • Parcel Number: 400319544384
  • Lot Size Acres: 0.5602
  • Lot Size Sq Ft: 24402
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 2100

Multi Family

  • Gross Scheduled Income: 25200
  • Net Operating Income: 19029
  • Number Of Units Total: 2
  • Insurance Expense: 1128
  • Leasable Area: 3038
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Drost Jeremy and Drost Anna
Bought by
Lynden Houses Llc
Total Days on Market
2
Current Estimated Value
$839,263

Purchase Details

Closed on
Oct 11, 2021
Sold by
Lynden House Llc
Bought by
Drost Jeremy and Drost Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,449
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2020
Sold by
Drost Jeremy and Drost Anna
Bought by
Lynden Houses Llc

Purchase Details

Listed on
Feb 27, 2017
Closed on
Apr 10, 2017
Sold by
Visser Grant A
Bought by
Drost Jeremy and Drost Anna
Seller's Agent
Molly Visser
John L. Scott Bellingham
Buyer's Agent
Tony Hoefakker
COMPASS
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$348,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2017
Closed on
Apr 7, 2017
Sold by
Dykstra Gerrit and Dykstra Cornelia
Bought by
Visser Grant A
Seller's Agent
Molly Visser
John L. Scott Bellingham
Buyer's Agent
Tony Hoefakker
COMPASS
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2017
Sold by
Visser Gregry K and Visser Karen J
Bought by
Visser Grant A
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
Lynden Houses Llc -- --
Drost Jeremy -- None Available
Lynden Houses Llc -- Accommodation
Drost Jeremy $435,000 Whatcom Land Title Co Inc
Visser Grant A $354,839 Whatcom Land Title Co Inc
Visser Grant A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drost Jeremy $333,449
Previous Owner Drost Jeremy $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $435,000 -3.3% $143 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $450,000 -- $148 / 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 $4,804 $678,224 $242,500 $435,724
2023 $4,804 $668,965 $250,000 $418,965
2022 $4,959 $651,419 $203,525 $447,894
2021 $4,864 $538,356 $168,200 $370,156
2020 $4,261 $480,688 $150,183 $330,505
2019 $3,790 $440,856 $137,893 $302,963
2018 $4,143 $402,053 $125,615 $276,438
2017 $3,830 $360,877 $112,750 $248,127
2016 $3,615 $354,839 $110,000 $244,839
2015 $3,204 $333,174 $105,800 $227,374
2014 -- $321,885 $102,200 $219,685
2013 -- $319,685 $100,000 $219,685
Source: Public Records

Agents Affiliated with this Home

  • Molly Visser

    Seller's Agent in 2017

    Molly Visser

    John L Scott

    (360) 389-1996

    79 Total Sales

    Molly Visser
    Section Image
  • Tony Hoefakker

    Buyer's Agent in 2017

    Tony Hoefakker

    COMPASS

    (360) 927-6168

    95 Total Sales

    Tony Hoefakker
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1082359

Northwest Multiple Listing Service (NWMLS)

APN: 400319-564376-0000

Washington Whatcom County Lynden 98264

517 Main Place Unit A & B, Lynden, WA

This home is located at 517 Main Place Unit A & B, Lynden, WA 98264 since 27 February 2017 and is currently estimated at $839,263, approximately $276 per square foot. This property was built in 1995. 517 Main Place Unit A & B is a home located in Whatcom County with nearby schools including Lynden High School, Lynden Christian School, and Lynden Christian Schools: Administration.

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) 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. ©2025 NWMLS.

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