Listed by Epique Realty, Bought with Windermere Real Estate Whatcom
$425,500
SOLD MAR 9, 2018

535 Kline Rd Bellingham, WA 98226

-- Bed
-- Bath
2,340 Sq Ft
4.77 Acres

Recently Sold

$182 Per Sq Ft

3% Below List Price

Highlights

  • Barn
  • RV Access or Parking
  • Secluded Lot
  • Stables
  • Deck
  • Territorial View

About This Home

As of April 2020

Amazing opportunity to own a legal duplex in the county on 4.76 acres. Newer septic and great well. Each 2 bedroom 1 bathroom unit currently rented for $1000/mo. Minutes from Bellingham. Additional features include w/d in each unit, horse stable and riding area that is fenced (needs some TLC), private location, covered parking and outside storage for each unit.

Last Agent to Sell the Property

Dale Serbousek

Epique Realty License #24164 Listed on: 01/20/2018

Epique Realty

Last Buyer's Agent

Renata Mason

Windermere Real Estate Whatcom License #80079

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1236113

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,305

Year Built

  • Built in 1978

Lot Details

  • 4.77 Acre Lot
  • Open Space
  • Partially Fenced Property
  • Secluded Lot
  • Property is in average 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
  • Ceramic Tile
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Farming

  • Barn

Horse Facilities and Amenities

  • Stables
  • Arena

Utilities

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

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803050633570000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,305

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
  • New Construction: No
  • CalculatedSquareFootage: 2340
  • SOCComments: Because you deserve it!
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Open Space, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

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

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3803050633570000
  • Lot Size Acres: 4.77
  • Lot Size Sq Ft: 207781
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Arena-Outdoor,Barn,Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,Patio,RV Parking,Stable
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 2000
  • Number Of Units Total: 2
  • Leasable Area: 2340
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3305

MLS Schools

  • Elementary School: Buyer To Verify

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
$869,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,578
Avg. Annual Appreciation
7.98%
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 Type Sale Price Title Company
Warranty Deed $550,000 Chicago Title Company Of Wa
Warranty Deed $425,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $486,104 FHA
Closed $490,943 FHA
Previous Owner $417,792 FHA
Previous Owner $225,000 New Conventional
Previous Owner $230,000 Unknown
Previous Owner $50,000 Credit Line Revolving
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: 1236113

Northwest Multiple Listing Service (NWMLS)

APN: 380305-063357-0000