NOT LISTED FOR SALE

562 W Lake Samish Dr Bellingham, WA 98229

Estimated Value: $1,478,000 - $1,674,106

5 Beds
4 Baths
2,749 Sq Ft
$589/Sq Ft Est. Value

About This Home

Amazing 5 bed/4 bath Lake Samish waterfront home Sunny location on the west shoreline! Walk from your new patio across your level lawn and on to recently constructed & fully permitted dock with covered boat lift! Swim, ski, fish, & watch the eagles! Enjoy your firepit & watch the waterskiers & fisherman! Off-street parking in garage, driveway, and along road! Water side of yard is fully-fenced! Delightful separate apartment with its own entrance! Another separate guest suite on main level. Primary suite and two bedrooms on second floor. Two laundry rooms, so apt can have its own! Unique floor plan has lots of options! Auto-activated generator powers entire house if power goes out! Lovingly maintained!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2014
Sold by
333451 Bc Ltd
Bought by
Mcmahan James G and Mcmahan Rita C
Current Estimated Value
$1,619,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$321,311
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,298,466
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mcmahan James G $632,500 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahan James G $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $1,699,000 -- $618 / 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 $11,774 $1,351,937 $734,889 $617,048
2023 $11,774 $1,400,272 $761,163 $639,109
2022 $10,131 $1,191,728 $647,802 $543,926
2021 $9,030 $961,097 $522,435 $438,662
2020 $8,840 $843,061 $458,273 $384,788
2019 $8,433 $800,247 $435,000 $365,247
2018 $8,787 $765,921 $401,993 $363,928
2017 $7,762 $679,860 $356,820 $323,040
2016 $7,030 $625,963 $328,320 $297,643
2015 $6,898 $593,626 $311,220 $282,406
2014 -- $565,346 $296,400 $268,946
2013 -- $538,962 $285,000 $253,962
Source: Public Records

Agents Affiliated with this Home

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