Listed by Windermere Real Estate Whatcom, Bought with John L. Scott Bellingham
NOT LISTED FOR SALE

535 Kline Rd Bellingham, WA 98226

Estimated Value: $778,000 - $970,000

2 Beds
1 Bath
2,340 Sq Ft
$370/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $550,000 $235 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,135/month

24 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • High Speed Internet
  • Deck
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of April 2020

Unique opportunity. Legal duplex on shy 5 acres in great mid-county location. Two bedroom/one bath units with covered parking, storage and west facing decks. Both have own laundry and some updates. Great option to live on acreage and collect rent to offset mortgage. Private setting with home back off road. Open, dry 4.77 acre parcel with room to build shop, have animals, garden. Excellent location minutes to Bellingham.

Last Agent to Sell the Property

Renata Mason

Windermere Real Estate Whatcom License #80079 Listed on: 02/17/2020

Windermere Real Estate Whatcom

Last Buyer's Agent

Sarah Colin

John L. Scott Bellingham License #27889

John L. Scott Bellingham

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1565848

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1978

Lot Details

  • 4.77 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Schools

  • Irene Reither Primar Elementary School
  • Meridian Mid Middle School
  • Meridian High School

Utilities

  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Feathers Short Plat Condos
  • Guide Meridian Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 380305063357

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,012

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Feathers Short Plat
  • New Construction: No
  • CalculatedSquareFootage: 2340
  • Special Features: VirtualTour
  • Cumulative Days on Market: 357

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric, Wood, Individual Well
  • PowerCompany: PSE
  • SewerCompany: N/A
  • WaterCompany: N/A
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Meridian
  • High School: Meridian High
  • Middle Or Junior School: Meridian Mid

Lot Info

  • Parcel Number: 380305063357
  • Lot Size Acres: 4.77
  • Lot Size Sq Ft: 207781
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 2

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1300

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3012

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2340
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Irene Reither Primar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Mar 30, 2020
Sold by
Howard Cory Glen
Bought by
Mcdonald Marcail A
Seller's Agent
Renata Mason
Windermere Real Estate Whatcom
Buyer's Agent
Sarah Colin
John L. Scott Bellingham
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$833,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,628
Avg. Annual Appreciation
8.15%
Original Mortgage
$490,943
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 20, 2018
Closed on
Mar 2, 2018
Sold by
Tario Michael J
Bought by
Howard Cory Glen
Seller's Agent
Dale Serbousek
Epique Realty
Buyer's Agent
Renata Mason
Windermere Real Estate Whatcom
List Price
$439,000
Sold Price
$425,500
Premium/Discount to List
-$13,500
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$417,792
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Mcdonald Marcail A $550,000 Chicago Title Company Of Wa
Howard Cory Glen $425,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Marcail A $486,104
Closed Mcdonald Marcail A $490,943
Previous Owner Howard Cory Glen $417,792
Previous Owner Tario Michael J $225,000
Previous Owner Tario Michael J $230,000
Previous Owner Tario Michael J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $550,000 -1.8% $235 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
03/11/2020 03/11/20 Price Changed $560,000 -4.9% $239 / Sq Ft
03/04/2020 03/04/20 Price Changed $589,000 -1.7% $252 / Sq Ft
02/17/2020 02/17/20 For Sale $599,000 +40.8% $256 / Sq Ft
03/09/2018 03/09/18 Sold $425,500 -3.1% $182 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $439,000 -- $188 / 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 $6,366 $804,133 $315,658 $488,475
2023 $6,366 $786,075 $308,569 $477,506
2022 $5,096 $618,957 $242,968 $375,989
2021 $4,119 $511,535 $200,800 $310,735
2020 $3,780 $379,074 $194,670 $184,404
2019 $3,012 $346,181 $177,778 $168,403
2018 $3,658 $303,067 $155,637 $147,430
2017 $3,306 $279,480 $143,524 $135,956
2016 $3,193 $265,786 $136,492 $129,294
2015 $3,328 $253,612 $130,240 $123,372
2014 -- $256,481 $141,418 $115,063
2013 -- $261,039 $143,914 $117,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1565848

Northwest Multiple Listing Service (NWMLS)

APN: 380305-063357-0000