Listed by Keller Williams Western Realty, Bought with Hansen Group Real Estate Inc
NOT LISTED FOR SALE

Estimated Value: $1,197,000 - $1,406,545

6 Beds
5 Baths
4,160 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $499,000 $120 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $7,903/month

103 Days on Market

Highlights

  • Ocean View
  • Deck
  • Patio
  • Fairhaven Middle School Rated A-
  • Thermal Windows
  • 2-minute walk to Forest & Cedar Park

About This Home

As of October 2015

Historic, first home built on hill, now multifamily 5 unit residence w/long term tenants.Unique & artsy 2 story w/attic unit & stone basement. Outstanding views of bay/city.Unit A has beautiful fireplace mantle & would be perfect for owner occupied. Glass enclosed porch in one unit. Veranda for another.All units updated Coin-op laundry Comes w/off street parking for every unit. Sq ft per unit ranges from 404-1250. Great rental history.Walk to downtown,college and parks. Location! Location!

Last Agent to Sell the Property

Judy Bracken-Commissaris

Keller Williams Western Realty License #33315 Listed on: 05/15/2015

Keller Williams Western Realty

Last Buyer's Agent

Jon Hansen

Hansen Group Real Estate Inc License #7746

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 788348

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,015

Year Built

  • Built in 1891

Lot Details

  • 10,625 Sq Ft Lot
  • Property is in good condition

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,160 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 380230528364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,015

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1891
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4160
  • EffectiveYearBuiltSource: See Remarks
  • SOCComments: Thank you for showing
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s), Ocean, Sound
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Available
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 2569

Schools

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

Lot Info

  • Parcel Number: 380230528364
  • Lot Size Acres: 0.2439
  • Lot Size Sq Ft: 10625
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3400

Multi Family

  • Gross Scheduled Income: 40800
  • Net Operating Income: 29672
  • Number Of Units Total: 5
  • Electric Expense: 1558
  • Insurance Expense: 1986
  • Leasable Area: 4160
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5015

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2019
Sold by
Garden Property Development Llc
Bought by
Sehome Investments Llc
Current Estimated Value
$1,326,636

Purchase Details

Closed on
May 21, 2019
Sold by
Noble Dennis and Noble Debra
Bought by
Garden Property Development Llc

Purchase Details

Closed on
Feb 18, 2000
Sold by
Lanois Stanley J and Lanois Carla L
Bought by
Stanley & Carla Lanois Living Trust
Source: Public Records

Range of Values:

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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
Sehome Investments Llc -- None Available
Garden Property Development Llc $725,000 Whatcom Land Title
Stanley & Carla Lanois Living Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2015 10/09/15 Sold $499,000 -5.8% $120 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $530,000 -- $127 / 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 $10,444 $1,296,231 $675,760 $620,471
2023 $10,444 $1,342,574 $699,920 $642,654
2022 $8,559 $1,142,623 $595,680 $546,943
2021 $7,955 $921,495 $480,400 $441,095
2020 $7,813 $808,322 $421,400 $386,922
2019 $6,194 $767,273 $400,000 $367,273
2018 $6,430 $609,869 $296,205 $313,664
2017 $5,665 $541,343 $262,920 $278,423
2016 $5,161 $498,454 $241,920 $256,534
2015 $5,080 $472,721 $229,320 $243,401
2014 -- $450,200 $218,400 $231,800
2013 -- $428,886 $210,000 $218,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 788348

Northwest Multiple Listing Service (NWMLS)

APN: 380236-528364-0000