NOT LISTED FOR SALE

5502 Northwest Dr Bellingham, WA 98226

Estimated Value: $614,445 - $705,000

3 Beds
2 Baths
1,607 Sq Ft
$402/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $250,000 $156 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,788/month

86 Days on Market

About This Home

As of November 2014

Want country charm and space with updates of a new home? Then welcome to this farmhouse on nearly 1 acre. New carpet, remodeled bathrooms, large walk in closet off master bedroom, new roof, and a new large deck perfect for summer time entertaining. HUGE private back yard with peek a boo view of Mt Baker, fruit trees, berries, chicken coup, shop, old barn, RV parking, and room for more. Located just minutes from town. Come see this home today!

Last Agent to Sell the Property

Don Hammons

Keller Williams Western Realty License #27977 Listed on: 07/31/2014

Keller Williams Western Realty

Last Buyer's Agent

Jon Hansen

Hansen Group Real Estate Inc License #7746

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM675597

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Bratt Alex Daniel
Bought by
Bratt Ashley Elizabeth
Total Days on Market
86
Current Estimated Value
$645,611

Purchase Details

Closed on
May 5, 2016
Sold by
Drechsler Carl and Jordan Alexandra
Bought by
Bratt Alex and Bratt Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,700
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2014
Closed on
Nov 21, 2014
Sold by
Johnson Micah and Johnson Allison
Bought by
Drechsler Carl and Jordan Alexandra
Seller's Agent
Don Hammons
Keller Williams Western Realty
Buyer's Agent
Jon Hansen
Hansen Group Real Estate Inc
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$237,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2006
Sold by
Brugmann Michael J and Brugmann Cynthia M
Bought by
Johnson Micah and Johnson Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 1999
Sold by
Myers Cleary Carrie and Cleary Brian E
Bought by
Brugmann Michael J and Brugmann Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,228
Interest Rate
7.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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
Bratt Ashley Elizabeth -- None Listed On Document
Bratt Alex $286,000 Whatcom Land Title
Drechsler Carl $250,000 Whatcom Land Title
Johnson Micah $270,280 First American Title Insuran
Brugmann Michael J $116,898 Whatcom Land Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bratt Alex $308,000
Previous Owner Bratt Alex $268,600
Previous Owner Bratt Alex $271,700
Previous Owner Drechsler Carl $237,500
Previous Owner Johnson Micah $145,000
Previous Owner Brugmann Michael J $189,000
Previous Owner Brugmann Michael J $134,228
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold $250,000 0.0% $156 / Sq Ft
10/26/2014 10/26/14 Pending -- -- --
09/29/2014 09/29/14 Price Changed $250,000 -3.8% $156 / Sq Ft
09/18/2014 09/18/14 Price Changed $260,000 -5.5% $162 / Sq Ft
07/31/2014 07/31/14 For Sale $275,000 -- $171 / 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 $4,339 $586,184 $264,810 $321,374
2023 $4,339 $609,013 $300,000 $309,013
2022 $3,929 $515,866 $205,986 $309,880
2021 $3,966 $426,334 $170,236 $256,098
2020 $3,819 $394,764 $157,630 $237,134
2019 $3,046 $343,828 $137,291 $206,537
2018 $3,490 $314,351 $125,521 $188,830
2017 $2,654 $275,481 $110,000 $165,481
2016 $2,505 $223,720 $110,240 $113,480
2015 $2,520 $210,868 $104,370 $106,498
2014 -- $206,412 $102,000 $104,412
2013 -- $203,276 $100,000 $103,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM675597

Northwest Multiple Listing Service (NWMLS)

APN: 390227-321264-0000