Listed by Muljat Group, Bought with Saratoga Commercial R.E.
NOT LISTED FOR SALE

Estimated Value: $3,500,093

0.57 Acre
$6,098,786 Price per Acre
24,999 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $900,000

Est. 289% increase in value since last sale

Current estimated payment $20,936/month

451 Days on Market

Highlights

  • 0.57 Acre Lot
  • No HOA
  • 3-minute walk to Maritime Heritage Park
  • Bellingham High School Rated A
  • Limited Views

About This Lot

As of December 2023

Rare development opportunity in the heart of Bellingham, located between the Central Business District and the Waterfront. Sites can be purchased as individual blocks or as a larger portfolio. Each parcel is zoned Commercial and allows for a variety of permitted uses including multi-family, retail, office, mixed-use, and hospitality. The city of Bellingham has demonstrated their keen interest in supporting the development of this area by entering into an agreement with Parberry’s in 2019 to construct street improvements and guarantee adequacy of water, sewer, and storm infrastructure to allow maximum development of the property.

Last Agent to Sell the Property

Troy Muljat

Muljat Group License #2199 Listed on: 05/02/2022

Muljat Group

Last Buyer's Agent

Hannah Cano

Saratoga Commercial R.E. License #115396

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1922431

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,707

Lot Details

  • 0.57

Additional Features

  • 0.57 Acre Lot
  • Limited Views

Community Details

  • No Home Owners Association
  • Lettered Streets Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803300203260000

Property Details

Property Type

Land

Est. Annual Taxes

$10,707

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 1,054

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Partial
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803300203260000
  • Lot Size Acres: 0.5739
  • Lot Size Sq Ft: 25000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Commercial

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 10707
  • AdditionalTaxIds: 3803300383200000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Parberry Brad L
Bought by
Parberry Iron & Metal Co Llc
Current Estimated Value
$3,500,093
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Parberry Iron & Metal Co Llc -- None Listed On Document
Parberry Brad L -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $900,000 -10.0% --
07/27/2023 07/27/23 Pending -- -- --
05/02/2022 05/02/22 For Sale $1,000,000 -- --
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 $19,267 $2,889,557 $504,615 $2,384,942
2023 $19,267 $2,477,390 $458,741 $2,018,649
2022 $0 $1,517,017 $305,828 $1,211,189
2021 $12,913 $1,366,394 $888,624 $477,770
2020 $12,531 $1,312,080 $888,624 $423,456
2019 $10,948 $1,230,636 $716,586 $514,050
2018 $12,183 $1,078,018 $627,718 $450,300
2017 $10,637 $1,025,680 $597,242 $428,438
2016 $9,801 $935,905 $544,967 $390,938
2015 $10,129 $897,750 $522,750 $375,000
2014 -- $897,750 $522,750 $375,000
2013 -- $843,488 $496,613 $346,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1922431

Northwest Multiple Listing Service (NWMLS)

APN: 380330-019323-0000