NOT LISTED FOR SALE

616 N State St Bellingham, WA 98225

Sehome Neighborhood

Estimated Value: $1,062,000 - $1,186,000

4 Beds
4 Baths
2,361 Sq Ft
$465/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $619,000 $262 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,797/month

7 Days on Market

Highlights

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

About This Home

As of June 2017

College rental, 4-plex, multifamily zoning: walking distance to WWU, solid investment. Newer roof, coin-op laundry. Good off street parking, plus garage and storage unit. Bay and City views, charming 1 and 2 bedroom units, always rented. Outstanding location, potential redevelopment site.

Last Agent to Sell the Property

Andy Webster

Coldwell Banker Bain License #48977 Listed on: 05/03/2017

Coldwell Banker Bain

Last Buyer's Agent

Fran Lilleness

Real Property Associates License #108885

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1116490

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in average condition

Property Views

  • Bay
  • City
  • Mountain

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,361 Sq Ft Home
  • 2-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Lowell Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

  • Radiator
  • High Speed Internet
  • Cable TV Available

Community Details

  • New Whatcom Condos
  • South Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 65
  • Assessor Parcel Number 3802365573950000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,644

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1915
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: New Whatcom
  • New Construction: No
  • CalculatedSquareFootage: 2361
  • Special Features: None
  • Cumulative Days on Market: 296

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Softwood, Hardwood, Vinyl, Carpet
  • Interior Amenities: Radiator, Hot Water Recirc Pump, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s)
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: COB
  • WaterCompany: COB
  • WaterSewerGarbage: 2384

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 3802365573950000
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 4180

Multi Family

  • Gross Scheduled Income: 49500
  • Net Operating Income: 38533
  • Number Of Units Total: 4
  • Insurance Expense: 1135
  • Leasable Area: 2361
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4644

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 26, 2017
Sold by
Malick James G and Malick Jeanie J
Bought by
616 Partners Llc
Seller's Agent
Andy Webster
Coldwell Banker Bain
Buyer's Agent
Fran Lilleness
Real Property Associates
List Price
$625,000
Sold Price
$619,000
Premium/Discount to List
-$6,000
-0.96%
Current Estimated Value
$1,097,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,920
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Jul 10, 2015
Sold by
Malick James G and Malick Jeanie Layne
Bought by
The James G Malick & Jeanie Layne Malick and Malick James G
Source: Public Records

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Range of Values:

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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
616 Partners Llc $619,000 Whatcom Land Title Co Inc
The James G Malick & Jeanie Layne Malick -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 616 Partners Llc $464,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $619,000 -1.0% $262 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $625,000 -- $265 / 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 $8,169 $1,023,959 $572,652 $451,307
2023 $8,169 $1,050,030 $587,232 $462,798
2022 $6,458 $889,873 $497,664 $392,209
2021 $6,335 $695,213 $388,800 $306,413
2020 $5,622 $643,716 $360,000 $283,716
2019 $5,296 $552,117 $284,900 $267,217
2018 $5,334 $521,512 $269,231 $252,281
2017 $4,644 $449,052 $231,385 $217,667
2016 $4,159 $408,604 $210,403 $198,201
2015 $4,169 $380,919 $198,468 $182,451
2014 -- $369,465 $192,500 $176,965
2013 -- $355,409 $185,850 $169,559
Source: Public Records

Agents Affiliated with this Home

  • Andy Webster

    Seller's Agent in 2017

    Andy Webster

    Coldwell Banker Bain

    (360) 305-1329

    1 in this area

    36 Total Sales

    Andy Webster
    Section Image

  • F

    Buyer's Agent in 2017

    Fran Lilleness

    Real Property Associates

    (206) 972-2531

    Fran Lilleness
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1116490

Northwest Multiple Listing Service (NWMLS)

APN: 380236-557395-0000

Washington Whatcom County Bellingham 98225 Sehome

616 N State St, Bellingham, WA

This home is located at 616 N State St, Bellingham, WA 98225 since 03 May 2017 and is currently estimated at $1,097,920, approximately $465 per square foot. This property was built in 1915. 616 N State St is a home located in Whatcom County with nearby schools including Lowell Elementary School, Fairhaven Middle School, and Sehome High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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