NOT LISTED FOR SALE

5502 Reese Hill Rd Sumas, WA 98295

Estimated Value: $251,523

2 Beds
-- Bath
1,251 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $160,000 $128 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,533/month

71 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • Wood Flooring
  • Mountain View
  • Wooded Lot
  • 1 Fireplace

About This Home

As of September 2019

20 Acres of South facing land with full sun exposure on Vedder Mountain. This is the perfect opportunity for an off the grid recreational retreat. Existing 1251 sf cabin has tons of potential or use as is. Multiple benches on property for additional building sites. Pond/seasonal creek near the top of the lot. Property is in open space and has a Forest Stewardship Management Plan in place. It was selectively logged approximately 30 years ago. Property does not have power, water or septic.

Last Agent to Sell the Property

Ian Cross

Windermere Real Estate Whatcom License #20118935 Listed on: 06/17/2019

Windermere Real Estate Whatcom

Last Buyer's Agent

Stephanie McSorley

Hansen Group Real Estate Inc License #86829

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1474607

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 1995

Lot Details

  • Open Space
  • Gated Home
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Value in Land

Property Views

  • Mountain
  • Territorial

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Bitumen Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Wood Flooring

Parking

  • Off-Street Parking
  • RV Access or Parking

Additional Features

  • Outbuilding
  • Well Required

Community Details

  • Sumas Community

Listing and Financial Details

  • Assessor Parcel Number 4005082394690000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,648

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw
  • Floor Covering: Hardwood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1251
  • Square Footage Finished: 1251

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Pillar, Poured Concrete
  • Roof: Metal, Torch Down
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Stove/Free Standing
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Name: Sumas

Schools

  • Elementary School: Sumas Elem
  • Middle School: Nooksack Vly Mid
  • High School: Nooksack Vly High
  • School District: NOO

Lot Info

  • Lot Details: Open Space, Secluded, Value In Land
  • Lot Sq Ft: 871200
  • Lot Topography Vegetation: Brush, Garden Space, Level, Partial Slope, Sloped, Steep Slope, Wooded
  • Parcel Number: 4005082394690000
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Garden Space, Level, Partial Slope, Sloped, Steep Slope, Wooded

Tax Info

  • Tax Amount: 1104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Sep 25, 2019
Sold by
Vogel Rachel and Manlove Rachel
Bought by
Ostlund Scott
Seller's Agent
Ian Cross
Windermere Real Estate Whatcom
Buyer's Agent
Stephanie McSorley
Hansen Group Real Estate Inc
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%
Current Estimated Value
$251,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,523
Avg. Annual Appreciation
8.18%
Original Mortgage
$130,000
Outstanding Balance
$64,302
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,221
Source: Public Records

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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
Ostlund Scott $160,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostlund Scott $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $160,000 -19.6% $128 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $199,000 -- $159 / 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 $1,648 $353,254 $197,814 $155,440
2023 $1,648 $180,039 $18,776 $161,263
2022 $1,148 $105,526 $18,700 $86,826
2021 $1,340 $105,526 $18,700 $86,826
2020 $1,291 $102,826 $16,000 $86,826
2019 $1,104 $105,431 $18,605 $86,826
2018 $943 $98,920 $16,000 $82,920
2017 $837 $62,110 $14,000 $48,110
2016 $834 $56,863 $14,000 $42,863
2015 $717 $56,863 $14,000 $42,863
2014 -- $56,681 $16,320 $40,361
2013 -- $55,885 $16,129 $39,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1474607

Northwest Multiple Listing Service (NWMLS)

APN: 400508-239469-0000