NOT LISTED FOR SALE

6475 Martin Place Lynden, WA 98264

Estimated Value: $658,000 - $797,000

4 Beds
2 Baths
3,000 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 25, 2013

Last sale price $260,000 $87 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $4,505/month

32 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • High Speed Internet
  • Territorial View
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of September 2013

Unique opportunity to own a mid county Duplex on almost an acre (37,462 sq. ft.). Additional stand alone building included in sell and could qualify as a studio. Duplex units each have 2 bedrooms/1 bath units with gas heat, decks, and has been professionally maintained. Good condition and recent upgrades include, flooring paint, and more. Natural gas heat. Full rented. Please don't disturb the tenants! Good mid county location.

Last Agent to Sell the Property

Charlie Rinker

Windermere Real Estate Whatcom License #8814 Listed on: 07/19/2013

Windermere Real Estate Whatcom

Last Buyer's Agent

George Hoksbergen

Windermere Real Estate Whatcom License #24490

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 519334

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,153

Year Built

  • Built in 1971

Lot Details

  • 0.86 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Shared Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Stainton Short Plat Condos
  • Guide Meridian Subdivision

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 3902134744990000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,153

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Stainton Short Plat
  • New Construction: No
  • CalculatedSquareFootage: 3000
  • Special Features: None
  • Cumulative Days on Market: 302

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterSewerGarbage: 720

Schools

  • Junior High Dist: Meridian

Lot Info

  • Parcel Number: 3902134744990000
  • Lot Size Acres: 0.86
  • Lot Size: Pipestern
  • Lot Size Sq Ft: 37462
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • ZoningClass: See Remarks
  • LotNumber: A

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2145

Multi Family

  • Gross Scheduled Income: 25440
  • Net Operating Income: 18794
  • Number Of Units Total: 3
  • Electric Expense: 300
  • Insurance Expense: 850
  • Leasable Area: 3000
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2013
Closed on
Sep 13, 2013
Sold by
Perry Michael and Perry Susan
Bought by
Groen Cameron J and Groen Jennifer L
Seller's Agent
Charlie Rinker
Windermere Real Estate Whatcom
Buyer's Agent
George Hoksbergen
Windermere Real Estate Whatcom
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%
Total Days on Market
32
Current Estimated Value
$754,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,416
Avg. Annual Appreciation
10.08%
Original Mortgage
$184,000
Outstanding Balance
$140,098
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$658,485

Purchase Details

Closed on
Apr 3, 2003
Sold by
Vandermeulen Dirk T and Vandermeulen Lynn R
Bought by
Perry Michael and Perry Susan
Source: Public Records

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    Section Image

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
Groen Cameron J $260,280 Chicago Title Insurance
Perry Michael -- Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groen Cameron J $35,900
Open Groen Cameron J $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2013 09/25/13 Sold $260,000 -6.8% $87 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $279,000 -- $93 / 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 $6,017 $780,840 $310,400 $470,440
2023 $6,017 $772,346 $320,000 $452,346
2022 $5,212 $626,532 $180,051 $446,481
2021 $5,089 $517,788 $148,800 $368,988
2020 $4,550 $462,321 $132,860 $329,461
2019 $3,987 $414,475 $119,111 $295,364
2018 $4,592 $397,077 $114,111 $282,966
2017 $3,750 $347,976 $100,000 $247,976
2016 $3,427 $300,445 $90,375 $210,070
2015 $3,304 $273,024 $83,625 $189,399
2014 -- $255,260 $77,625 $177,635
2013 -- $243,056 $75,000 $168,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 519334

Northwest Multiple Listing Service (NWMLS)

APN: 390213-474499-0000