NOT LISTED FOR SALE

5536 Hannegan Rd Bellingham, WA 98226

Estimated Value: $618,000 - $722,000

3 Beds
2 Baths
1,502 Sq Ft
$436/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $400,000 $266 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,074/month

About This Home

As of February 2020

Great Opportunity! Previous buyer couldn't get financing so this great home is back on the market. Nice 3 bed/1.75 bath rambler on 5 private acres close to Bellingham. Home sits back off road & is screened by evergreen trees for privacy. Brand new roof and gutters and other updates have been done including laminate floors, concrete countertops, paint, lighting and more. There is a nice back patio and a fire pit area overlooking a small pond.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Jan 30, 2020
Sold by
Hovde David and Hovde Sarah
Bought by
Fass Geoff Thomas
Seller's Agent
Kurt Swanson
Windermere Real Estate Whatcom
Buyer's Agent
Jacson Bevens
Windermere Real Estate Whatcom
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$655,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,354
Avg. Annual Appreciation
9.46%
Original Mortgage
$392,755
Outstanding Balance
$350,815
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$294,412

Purchase Details

Listed on
Jan 13, 2013
Closed on
Jul 19, 2013
Sold by
Mallett Jennie
Bought by
Hovde David and Hovde Sarah
Seller's Agent
Don Oneida
eXp Realty
Buyer's Agent
Kurt Swanson
Windermere Real Estate Whatcom
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$209,183
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2004
Sold by
Hoffman David W and Hoffman Nicola F
Bought by
Mallett Mark and Mallett Jennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Bellingar Ralph and Bellingar Laura J
Bought by
Hoffman David W and Hoffman Nicola F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.25%

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
Fass Geoff Thomas $400,000 Chicago Title Bellingham
Hovde David $205,280 Whatcom Land Title
Mallett Mark $220,000 Whatcom Land Title
Hoffman David W $309,438 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fass Geoff Thomas $392,755
Previous Owner Hovde David $209,183
Previous Owner Mallett Mark $305,600
Previous Owner Mallett Mark $60,000
Previous Owner Mallett Mark $176,000
Previous Owner Hoffman David W $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $400,000 0.0% $266 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $399,900 0.0% $266 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
10/23/2019 10/23/19 Price Changed $399,900 -2.5% $266 / Sq Ft
09/30/2019 09/30/19 Price Changed $410,000 -2.4% $273 / Sq Ft
09/16/2019 09/16/19 For Sale $420,000 +104.9% $280 / Sq Ft
07/24/2013 07/24/13 Sold $205,000 0.0% $136 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
01/13/2013 01/13/13 For Sale $205,000 -- $136 / Sq Ft

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 $4,877 $552,289 $278,779 $273,510
2023 $4,877 $624,421 $370,558 $253,863
2022 $4,514 $572,852 $339,955 $232,897
2021 $4,046 $447,536 $265,587 $181,949
2020 $3,556 $366,830 $217,693 $149,137
2019 $3,197 $323,204 $191,803 $131,401
2018 $3,550 $317,739 $188,560 $129,179
2017 $3,153 $268,387 $148,912 $119,475
2016 $3,109 $252,107 $139,879 $112,228
2015 $3,119 $247,456 $137,299 $110,157
2014 -- $240,874 $133,647 $107,227
2013 -- $232,571 $129,040 $103,531
Source: Public Records

Agents Affiliated with this Home

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