Listed by Windermere Real Estate Whatcom
NOT LISTED FOR SALE

Estimated Value: $252,000 - $262,000

-- Bed
1 Bath
487 Sq Ft
$224/mo HOA Fee

Last Sold October 19, 2023

Last sale price $245,000 $503 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,755/month

19 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • End Unit
  • Fairhaven Middle School Rated A-
  • Territorial View
  • Elevator

About This Home

As of October 2023

Top floor, corner studio condo it Cypress Place Condominiums! This open & bright unit offers an efficient layout, pacific northwest style finishes, large bathroom, and north facing balcony. Complete with features such as a storage locker, in-unit laundry, and convenient reserved parking space, this is a great place to call home! Cypress Condominiums offers secure lobby entry, elevators, an exercise room, and bike storage - all in a convenient location close to WWU, trails, shopping, and restaurants!

Last Agent to Sell the Property

Elizabeth Wolfe

Windermere Real Estate Whatcom License #108892 Listed on: 08/31/2023

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2157238

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Sprinkler System

HOA Fees

  • $224 Monthly HOA Fees

Home Design

  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Full Bathroom
  • 487 Sq Ft Home
  • 4-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Open Parking

Outdoor Features

  • Patio

Additional Features

  • Unit is on the top floor
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, road maintenance, security, sewer, snow removal, water
  • 144 Units
  • Karren Gonzalo Association
  • Secondary HOA Phone (360) 512-3820
  • Cypress Place Condominiums
  • Happy Valley Subdivision
  • Park Phone (360) 512-3820 | Manager Navigate

Amenities

  • Elevator
  • Lobby

Recreation

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,436

Year Built

Built in 2007

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2007
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cypress Place Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 487
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Sprinkler System,Top Floor
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2157238?w=Consumer&agent=124695
  • Special Features: None
  • Cumulative Days on Market: 689

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio
  • Stories: 4
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 4
  • StorageNo: A4-10
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Hallway

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 14

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Elevator, Exercise Room, Fire Sprinklers, Lobby Entrance
  • Park Manager Name: Navigate
  • Park Manager Phone: 360-512-3820
  • Senior Community: No
  • Association Fee: 224
  • Association Fee Frequency: Monthly
  • Phone: 360-512-3820
  • Association: Yes
  • Pets Allowed: See Remarks
  • Common Interest: Condominium
  • AssociationContactName: Karren Gonzalo
  • CommonPropertyFeatures: Elevator,Exercise Room,Fire Sprinklers,Lobby Entrance

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Road Maintenance, Security, Sewer, Snow Removal, Water

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3703062364010143
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1436

Multi Family

  • Number Of Units In Community: 144
  • EnergySource: Electric
  • UnitsInBuildingTotal: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 17, 2023
Sold by
Ww Cypress Llc
Bought by
Sun Kim Hwa
Seller's Agent
Elizabeth Wolfe
Windermere Real Estate Whatcom
Buyer's Agent
Kim Kwon
John L. Scott Bellingham
List Price
$245,000
Sold Price
$245,000
Views
61
Current Estimated Value
$257,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,643
Avg. Annual Appreciation
1.41%
Original Mortgage
$170,000
Outstanding Balance
$167,423
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$83,963

Purchase Details

Closed on
Jul 6, 2016
Sold by
Wright Walter R
Bought by
Ww Cypress Llc

Purchase Details

Closed on
Feb 3, 2014
Sold by
Bellmont Terrace Llc
Bought by
Wright Walter R
Source: Public Records

Range of Values:

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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
Sun Kim Hwa $245,000 Whatcom Land Title
Ww Cypress Llc -- None Available
Wright Walter R $846,230 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Kim Hwa $170,000
Previous Owner Bellmont Terrace Llc $2,200,000
Previous Owner Bellmont Terrace Llc $2,000,000
Previous Owner Bellmont Terrace Llc $828,678
Previous Owner Bellmont Terrace Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $245,000 0.0% $503 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $245,000 -- $503 / 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 $1,519 $194,729 $28,786 $165,943
2023 $1,519 $194,729 $28,786 $165,943
2022 $1,333 $169,326 $25,031 $144,295
2021 $1,228 $143,497 $21,213 $122,284
2020 $1,171 $124,775 $18,445 $106,330
2019 $891 $115,000 $17,000 $98,000
2018 $940 $87,755 $17,111 $70,644
2017 $858 $79,117 $15,424 $63,693
2016 $794 $75,536 $15,029 $60,507
2015 $748 $72,741 $14,437 $58,304
2014 -- $66,260 $13,160 $53,100
2013 -- $66,260 $13,160 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2157238

Northwest Multiple Listing Service (NWMLS)

APN: 370306-236401-0143