NOT LISTED FOR SALE

552 Rainbow Dr Sedro Woolley, WA 98284

Estimated Value: $721,000 - $766,000

2 Beds
3 Baths
1,818 Sq Ft
$407/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $386,000 $212 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,318/month

3 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Community Boat Launch
  • Craftsman Architecture
  • Waterfront Community
  • Lake View
  • Clubhouse

About This Home

As of July 2017

Affordable waterfront found! Custom KOTA constructed home located on 2 private, sun-drenched lots right on the waters edge of Reed Lake. Wonderful open floor plan includes beautiful exposed beams, hardwood floors, master suite on the main floor and covered back deck leading out to your private lakefront. Home has two bedrooms AND an office on the main floor plus extra room upstairs so 3-4 bedroom living is realistic. Attached 2 car garage w addl storage in the boat/wood house. Enjoy F/A heat AC.

Last Agent to Sell the Property

Doug Nesbit

Windermere RE Whatcom, Inc. License #37488 Listed on: 06/19/2017

Windermere RE Whatcom, Inc.

Last Buyer's Agent

Elizabeth Park

MJB Real Estate Group License #96836

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1146088

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • Low Bank Waterfront Property
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Garden
  • Property is zoned Rural

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3704291400790000

Community Details

Overview

  • Bellingham Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0.36 Acres

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Craftsman
  • Homebuilder: KOTA Const
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1818
  • Square Footage Finished: 1818
  • Square Footage Unfinished: 578

Exterior Features

  • Exterior: Cement Planked, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Territorial
  • Waterfront: Bank-Low, Lake
  • Waterfront Frontage: 130
  • Pool: Community

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Heat Pump, High Efficiency (Unspecified), 90%+ High Efficiency
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Glenhaven Water
  • Water Heater: Garage-electric
  • Water Source: Community, Shared Well

Condo/Co-op/Association

  • HOA Fees: 42
  • Community Name: Bellingham
  • Project: Glenhaven Lks Div 5...
  • Community Features: Boat Launch, Ccrs, Clubhouse, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • School District: MTB

Lot Info

  • Lot Number: 32-33
  • Lot Details: Paved Street, Secluded
  • Lot Dimensions: 130x120
  • Lot Sq Ft: 15600
  • Lot Topography Vegetation: Brush, Garden Space, Level
  • Parcel Number: 3704291400790000
  • Zoning Code: Rural
  • Lot Topography: Brush, Garden Space, Level

Tax Info

  • Tax Amount: 3432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2021
Sold by
Broadhead Lynn R
Bought by
Lynn R Broadhead Living Trust and Broadhead
Current Estimated Value
$740,024

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jul 13, 2017
Sold by
Holmes Larry Lee
Bought by
Broadhead Lynn
Seller's Agent
Doug Nesbit
Windermere RE Whatcom, Inc.
Buyer's Agent
Elizabeth Park
MJB Real Estate Group
List Price
$385,000
Sold Price
$386,000
Premium/Discount to List
$1,000
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
May 16, 2000
Sold by
Holmes Linda Raye
Bought by
Holmes Larry Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lynn R Broadhead Living Trust $313 None Listed On Document
Broadhead Lynn R -- None Available
Broadhead Lynn $386,000 Whatcom Land Title Co Inc
Holmes Larry Lee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $386,000 +0.3% $212 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $385,000 -- $212 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2025 $5,102 $691,540 $288,750 $402,790
2024 $5,043 $700,667 $260,580 $440,087
2023 $5,043 $753,422 $280,200 $473,222
2022 $4,718 $663,802 $246,870 $416,932
2021 $4,183 $526,831 $195,930 $330,901
2020 $4,120 $414,826 $154,275 $260,551
2019 $3,782 $403,331 $150,000 $253,331
2018 $4,260 $402,082 $124,830 $277,252
2017 $3,432 $351,359 $109,134 $242,225
2016 $3,276 $301,516 $92,934 $208,582
2015 $3,385 $285,017 $89,100 $195,917
2014 -- $285,017 $89,100 $195,917
2013 -- $287,896 $90,000 $197,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1146088

Northwest Multiple Listing Service (NWMLS)

APN: 370429-140079-0000

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