NOT LISTED FOR SALE

5862 Laurel Ridge Way Bellingham, WA 98226

Estimated Value: $757,000 - $858,000

5 Beds
3.5 Baths
2,757 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $728,000 $264 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,892/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • No HOA
  • Fruit Trees
  • Territorial View
  • Gazebo

About This Home

As of June 2022

Loads of updates to this 1 level home with partial daylight basement on .6 acre. Recent updates include kitchenette, master bedroom, floor, and paint. French doors lead to a large covered deck, hot tub, and water feature. Lower level is currently rented, which includes a kitchen, full bath, laundry area, 3 bedrooms, and extra rooms. Large 3 car garage, outbuilding, gazebo. Dead end private road, great central location.

Last Listed By

Scott Talbot

Muljat Group License #40489 Listed on: 04/22/2022

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1919119

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,740

Year Built

  • Built in 1970

Lot Details

  • 0.6 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Sloped Lot
  • Fruit Trees
  • Garden
  • Zoning described as R5A

Parking

  • 3 Car Detached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,757 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Territorial Views
  • Partially Finished Basement

Bedrooms and Bathrooms

Outdoor Features

  • Deck
  • Gazebo
  • Outbuilding

Schools

  • Irene Reither Primar Elementary School
  • Meridian Mid Middle School
  • Meridian High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Guide Meridian Subdivision

Listing and Financial Details

  • Assessor Parcel Number 390319086238

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,740

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1970
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2757
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 827

Interior Features

  • Fireplaces: 1
  • Basement: Partially Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Lower,Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 2757
  • Main Level Bedrooms: 2
  • Bathrooms: 3
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2757
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 2
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Community, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: OSS
  • WaterCompany: Laurel Ridge Water Assoc.
  • CableConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Meridian
  • High School: Meridian High
  • Middle Or Junior School: Meridian Mid

Lot Info

  • Parcel Number: 390319086238
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.6026
  • Lot Size: 150 by 175
  • Lot Size Sq Ft: 26250
  • Zoning Description: R5A
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Deck,Fenced-Partially,Gas Available,Outbuildings,RV Parking
  • MLSLotSizeSource: Survey
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4740

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Irene Reither Primar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 24, 2022
Sold by
Kaur Cooner Kamalijt
Bought by
Cooner Guriqbal Singh
Seller's Agent
Scott Talbot
Muljat Group
Buyer's Agent
Joe Johal
Sterling Real Estate Group
List Price
$750,000
Sold Price
$728,000
Premium/Discount to List
-$22,000
-2.93%
Total Days on Market
3
Current Estimated Value
$796,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,645
Avg. Annual Appreciation
5.85%
Original Mortgage
$728,000
Outstanding Balance
$698,679
Interest Rate
5.3%
Mortgage Type
Construction
Estimated Equity
$161,203

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 18, 2022
Sold by
Alocozy Freba
Bought by
Singh Cooner Charanpreet and Kaur Johal Pawanjit
Seller's Agent
Scott Talbot
Muljat Group
Buyer's Agent
Joe Johal
Sterling Real Estate Group
List Price
$750,000
Sold Price
$728,000
Premium/Discount to List
-$22,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Outstanding Balance
$698,679
Interest Rate
5.3%
Mortgage Type
Construction
Estimated Equity
$161,203

Purchase Details

Closed on
Jan 8, 2019
Sold by
Ahmad Nayel Najiba and Ahmad Khairandesh
Bought by
Alocozy Freba M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2019
Sold by
Alocozy Obaidullah and Alocozy Freba M
Bought by
Alocozy Freba M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2010
Sold by
Scott Jacqueline M
Bought by
Nayel Najiba and Khairandesh Ahmad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Sold by
Meridian School District #505 Of Whatcom
Bought by
Fjellman Ray E

Range of Values:

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Average Value
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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
Cooner Guriqbal Singh -- Chicago Title
Singh Cooner Charanpreet -- Chicago Title
Cooner Charanpreet Singh -- Chicago Title
Alocozy Freba M $220,000 Whatcom Land Title
Alocozy Freba M -- Whatcom Land Title
Nayel Najiba $247,280 Whatcom Land Title
Fjellman Ray E -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Cooner Charanpreet $728,000
Previous Owner Alocozy Freba M $168,000
Previous Owner Nayel Najiba $185,250
Previous Owner Scott Kathryne M $46,215
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $728,000 -2.9% $264 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $750,000 -- $272 / 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 $5,196 $676,183 $266,750 $409,433
2023 $5,196 $668,686 $275,000 $393,686
2022 $4,740 $571,682 $157,735 $413,947
2021 $4,629 $472,453 $130,356 $342,097
2020 $4,237 $421,838 $116,391 $305,447
2019 $3,592 $387,365 $106,879 $280,486
2018 $4,052 $359,239 $99,119 $260,120
2017 $3,129 $308,068 $85,000 $223,068
2016 $3,019 $251,655 $78,432 $173,223
2015 $3,036 $241,655 $75,392 $166,263
2014 -- $235,804 $73,568 $162,236
2013 -- $228,870 $71,440 $157,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1919119

Northwest Multiple Listing Service (NWMLS)

APN: 390319-086238-0000