M
Seller's Agent in 2024
Miranda Ferris
Madrona Residential RE
(360) 566-7998
96 Total Sales
Listed by Madrona Residential RE
518 W Lake Samish Dr Bellingham, WA 98229
Estimated Value: $1,126,000 - $1,524,000
4
Beds
3
Baths
2,296
Sq Ft
$594/Sq Ft
Est. Value
Highlights
- Low Bank Waterfront Property
- Docks
- Lake View
- Fairhaven Middle School Rated A-
- Second Kitchen
- Deck
About This Home
As of May 2024Welcome home to your private waterfront retreat on beautiful Lake Samish! This gem has stunning lake & mountain views throughout, including in the 1,016 sf unfinished basement! Inside, you'll find 2 updated kitchens with quartz counters, new appliances, 2 living rooms, a rec room, updated luxury vinyl plank flooring & more. Outside, you'll find a huge private dock, beautiful beachfront, boat lift, multiple decks & an additional lot with extra storage. The home could be enjoyed as one residence, multi-generational living or possibly a separate MIL suite with its own separate entrance, kitchen, bathroom, deck & washer/dryer. Rare opportunity to own a lakefront home that doesn't require flood insurance. Perfect timing for summer!
Last Agent to Sell the Property
Madrona Residential RE License #22018385 Listed on: 05/01/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2221297
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,799
Year Built
- Built in 1988
Lot Details
- 0.26 Acre Lot
- Low Bank Waterfront Property
- Lake Front
- Sloped Lot
- Property is in very good condition
Property Views
- Lake
- Mountain
- Territorial
Home Design
- Poured Concrete
- Metal Roof
- Vinyl Construction Material
Interior Spaces
- 2,296 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Wood Burning Fireplace
- Unfinished Basement
Kitchen
- Second Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wall to Wall Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Docks
- Deck
Schools
- Wade King Elementary School
- Fairhaven Mid Middle School
- Sehome High School
Utilities
- Baseboard Heating
- Heating System Mounted To A Wall or Window
- The lake is a source of water for the property
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Bellingham Subdivision
Listing and Financial Details
- Assessor Parcel Number 3703263630210000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2024
Closed on
May 15, 2024
Sold by
Vahratian Arthur A and Vahratian Annette D
Bought by
Friestad Shawn Francis and Sohn Michelle Eun-Sun
Seller's Agent
Miranda Ferris
Madrona Residential RE
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,500
Avg. Annual Appreciation
-3.27%
Purchase Details
Closed on
Dec 15, 2003
Sold by
Werger Roger and Werger Nancy
Bought by
Vahratian Arthur A and Vahratian Annette D
Purchase Details
Closed on
Sep 4, 2003
Sold by
Jones Elvet Glyn
Bought by
Vahratian Arthur A and Vahratian Annette D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Friestad Shawn Francis | $1,450,000 | Chicago Title | |
| Vahratian Arthur A | -- | -- | |
| Vahratian Arthur A | $339,522 | Whatcom Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vahratian Arthur A | $296,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/16/2024 05/16/24 | Sold | $1,450,000 | -3.3% | $632 / Sq Ft |
| 05/06/2024 05/06/24 | Pending | -- | -- | -- |
| 05/01/2024 05/01/24 | For Sale | $1,500,000 | -- | $653 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
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 |
|---|---|---|---|---|
| 2025 | $10,909 | $1,469,413 | $854,500 | $614,913 |
| 2024 | $10,572 | $1,215,780 | $684,207 | $531,573 |
| 2023 | $10,572 | $1,259,247 | $708,669 | $550,578 |
| 2022 | $9,116 | $1,071,706 | $603,126 | $468,580 |
| 2021 | $8,126 | $864,302 | $486,405 | $377,897 |
| 2020 | $7,955 | $758,154 | $426,668 | $331,486 |
| 2019 | $7,760 | $719,652 | $405,000 | $314,652 |
| 2018 | $8,085 | $704,607 | $387,888 | $316,719 |
| 2017 | $7,142 | $625,435 | $344,300 | $281,135 |
| 2016 | $6,469 | $575,833 | $316,800 | $259,033 |
| 2015 | $6,347 | $546,072 | $300,300 | $245,772 |
| 2014 | -- | $520,058 | $286,000 | $234,058 |
| 2013 | -- | $496,018 | $275,000 | $221,018 |
Source: Public Records
Agents Affiliated with this Home
-
Miranda Ferris
-
Keith Ferris
Seller Co-Listing Agent in 2024
Keith Ferris
Madrona Residential RE
(360) 510-5598
90 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2221297
APN: 370326-363021-0000
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.
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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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