Listed by Windermere RE Whatcom, Inc., Bought with RE/MAX Whatcom County, Inc.
NOT LISTED FOR SALE

Estimated Value: $764,000 - $977,577

6 Beds
3 Baths
2,502 Sq Ft
$356/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2020

Last sale price $663,000 $265 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,355 / mo

6 Days on Market

Highlights

  • Bay View
  • Deck
  • Corner Lot
  • Fairhaven Middle School Rated A-
  • Softwood Flooring
  • 2-minute walk to Forest & Cedar Park

About This Home

As of January 2020

Exceptional opportunity! Estate sale. Highly desirable & rare location near WWU, Downtown, trails & busses. Upper living area w/ 5 bed/ 2 bath; Big country kitchen, dining room, high ceilings & living room. Lower living area 1 bed/ 3/4 bath, spacious kitchen, generous ceiling height & living room with slider to back yard. Bay & city light view that could be further enhanced by tree trimming. Some deferred maintenance but very livable with lovely tenants. Hurry & invest in your future!

Last Agent to Sell the Property

Carol Cattle

Windermere RE Whatcom, Inc. License #44601 Listed on: 12/11/2019

Windermere RE Whatcom, Inc.

Last Buyer's Agent

Chris Edwards

RE/MAX Whatcom County, Inc. License #135039

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1547494

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,756

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Parking

  • Open Parking

Property Views

  • Bay
  • City
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,502 Sq Ft Home
  • 3-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • South Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3802365413780000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,756

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1900
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2502
  • SOCComments: Thank you for showing!
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Softwood, Vinyl, Carpet
  • Interior Amenities: Fir/Softwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Bay, City, Territorial
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Bellingham
  • WaterCompany: Bellingham

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3802365413780000
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: WCAR
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3700

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4756

Multi Family

  • Number Of Units Total: 6
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Jan 17, 2020
Sold by
Estate Of Mary Cash Gormley
Bought by
Edwards Christopher B and Edwards Hillary T
Seller's Agent
Carol Cattle
Windermere RE Whatcom, Inc.
Buyer's Agent
Chris Edwards
RE/MAX Whatcom County, Inc.
List Price
$599,000
Sold Price
$663,000
Premium/Discount to List
$64,000
10.68%
Current Estimated Value
$890,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,644
Avg. Annual Appreciation
4.85%
Original Mortgage
$438,750
Outstanding Balance
$386,157
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$504,487

Purchase Details

Closed on
Oct 12, 2016
Sold by
Mcg Investments Llc
Bought by
Gormely Mary Cash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,340
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2004
Sold by
Gormley Mary Cash
Bought by
Mcg Investments Llc
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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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
Edwards Christopher B $663,000 Chicago Title Co Of Wa
Gormely Mary Cash $366,800 National Link
Mcg Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Christopher B $438,750
Previous Owner Gormely Mary Cash $168,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $663,000 +10.7% $265 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
12/11/2019 12/11/19 For Sale $599,000 -- $239 / 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 $7,539 $948,865 $589,824 $359,041
2024 $7,350 $921,240 $572,652 $348,588
2023 $7,350 $944,695 $587,232 $357,463
2022 $5,810 $800,605 $497,664 $302,941
2021 $5,700 $625,472 $388,800 $236,672
2020 $5,048 $579,141 $360,000 $219,141
2019 $4,756 $495,802 $295,260 $200,542
2018 $4,789 $468,354 $279,021 $189,333
2017 $4,169 $403,154 $239,799 $163,355
2016 $3,740 $366,800 $218,054 $148,746
2015 $3,749 $342,611 $205,685 $136,926
2014 -- $332,309 $199,500 $132,809
2013 -- $322,984 $194,700 $128,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1547494

Northwest Multiple Listing Service (NWMLS)

APN: 380236-541378-0000

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