B
Seller's Agent in 2021
Brett Nichols
Hammer Properties NW Inc.
Listed by Hammer Properties NW Inc., Bought with Keller Williams Western Realty
521 N Forest St Bellingham, WA 98225
Sehome NeighborhoodEstimated Value: $1,470,369
8
Beds
5
Baths
11,410
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- New Construction
- Bay View
- Electric Vehicle Charging Station
- Fairhaven Middle School Rated A-
- Deck
- 1-minute walk to Forest & Cedar Park
About This Home
As of July 20218 units one block from WWU. Never lack for tenants. Location can't be beat. Campus is a 2-minute walk, downtown, 10-minutes. Students love the walkable location. Owner-paid expenses are reasonable. Property is two well kept older homes, and one 2018 triplex and one 2021 triplex, just completed. Complex rents fast. Return on investment is excellent! Never any vacancy. Listing is for 2 single-family houses, and 2 triplexes. Rents presented are based off leases for fall, 2021.
Last Agent to Sell the Property
Brett Nichols
Hammer Properties NW Inc. License #26069 Listed on: 02/25/2021
Co-Listed By
Greg Nelson
Hammer Properties NW Inc. License #130691
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1734256
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,822
Year Built
- Built in 2021 | New Construction
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 125 x 100
- Sprinkler System
- Property is in very good condition
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
- Cement Board or Planked
- Wood Composite
Interior Spaces
- 11,410 Sq Ft Home
- 3-Story Property
- Bay Views
Flooring
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Parking
- 16 Parking Spaces
- 6 Covered Spaces
- Open Parking
Outdoor Features
- Deck
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Sehome Subdivision
- Electric Vehicle Charging Station
- Property is near a preserve or public land
Listing and Financial Details
- Tax Lot 3802365313470000
- Assessor Parcel Number 3802365313470000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2021
Closed on
Jul 21, 2021
Sold by
Nichols Brett and Nichols Nicole
Bought by
Oof Properties Llc
Seller's Agent
Brett Nichols
Hammer Properties NW Inc.
Buyer's Agent
Jessica Evans
Keller Williams Western Realty
List Price
$3,949,000
Sold Price
$3,949,000
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
-$2,478,631
Purchase Details
Closed on
Nov 12, 2019
Sold by
Nichols Brett and Nichols Nicole D
Bought by
Nicoleco Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,185,000
Interest Rate
3.65%
Mortgage Type
Commercial
Purchase Details
Listed on
Sep 12, 2014
Closed on
Dec 16, 2014
Sold by
Aylen Curtis E J and Aylen Coleen R E
Bought by
Nichols Brett and Nichols Nicole
Seller's Agent
Todd Peed
RE/MAX Whatcom County, Inc.
Buyer's Agent
Brett Nichols
Hammer Properties NW Inc.
List Price
$369,000
Sold Price
$359,000
Premium/Discount to List
-$10,000
-2.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,637
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 22, 2004
Sold by
Hennessy Judy Mary
Bought by
Aylen Curtis E J and Aylen Coleen R E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oof Properties Llc | $3,949,000 | Chicago Title Bellingham | |
| Nichols Brett | -- | Chicago Title Bellingham | |
| Nicoleco Llc | -- | Chicago Title Insurance | |
| Nichols Brett | $359,000 | Fidelity National Title Comp | |
| Aylen Curtis E J | $290,000 | Chicago Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nicoleco Llc | $2,185,000 | |
| Previous Owner | Nichols Brett | $269,637 | |
| Previous Owner | Aylen Curtis E J | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $3,949,000 | 0.0% | $346 / Sq Ft | |
| 06/24/2021 06/24/21 | Pending | -- | -- | -- | |
| 06/07/2021 06/07/21 | For Sale | $3,949,000 | 0.0% | $346 / Sq Ft | |
| 05/29/2021 05/29/21 | Off Market | $3,949,000 | -- | -- | |
| 02/25/2021 02/25/21 | For Sale | $3,949,000 | +1000.0% | $346 / Sq Ft | |
| 12/23/2014 12/23/14 | Sold | $359,000 | -2.7% | $182 / Sq Ft | View Prior Sale |
| 11/10/2014 11/10/14 | Pending | -- | -- | -- | |
| 09/12/2014 09/12/14 | For Sale | $369,000 | -- | $188 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2021 | $12,040 | $1,296,218 | $552,460 | $743,758 |
| 2020 | $10,990 | $1,137,024 | $484,610 | $652,414 |
| 2019 | $4,360 | $1,079,282 | $460,000 | $619,282 |
| 2018 | $4,527 | $429,355 | $267,995 | $161,360 |
| 2017 | $3,988 | $381,111 | $237,880 | $143,231 |
| 2016 | $3,632 | $350,851 | $218,880 | $131,971 |
| 2015 | $3,575 | $332,695 | $207,480 | $125,215 |
| 2014 | -- | $316,847 | $197,600 | $119,247 |
| 2013 | -- | $302,603 | $190,000 | $112,603 |
Source: Public Records
Agents Affiliated with this Home
-
-
G
Seller Co-Listing Agent in 2021
Greg Nelson
Hammer Properties NW Inc.
-
Jessica Evans
Buyer's Agent in 2021
Jessica Evans
Keller Williams Western Realty
(360) 738-7070
1 in this area
2 Total Sales
-
Todd Peed
Seller's Agent in 2014
Todd Peed
RE/MAX Whatcom County
(360) 303-9447
2 in this area
80 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1734256
APN: 380236 534351 0000
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Based on information submitted to the MLS GRID
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