NOT LISTED FOR SALE

701 E 3rd St Nooksack, WA 98247

Estimated Value: $1,122,985 - $1,353,000

2 Beds
7 Baths
6,000 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $538,000 $90 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $7,434/month

24 Days on Market

Highlights

  • Territorial View
  • Property is in very good condition
  • 1-Story Property
  • Corner Lot
  • Wall to Wall Carpet
  • 5-minute walk to Nooksack City Park

About This Home

As of May 2016

Beautiful 4 plex with spacious units. Two 3 bedroom, 2.5 bath units with garage & two 2 bedroom, 1 bath units. Each unit has gas fireplace, great location, and this building has the potential to be converted unto condominiums!

Wayne Gardner

Westwind Real Estate License #18373 Listed on: 04/15/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 926647

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 1994

Lot Details

  • 0.4 Acre Lot
  • Corner Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 6,000 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 14 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Nooksack Subdivision

Listing and Financial Details

  • Legal Lot and Block 7-10 / 8
  • Assessor Parcel Number 4004293623600000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,114

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1994
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6000
  • Special Features: None
  • Cumulative Days on Market: 272

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 1344

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Nooksack Valley

Lot Info

  • Parcel Number: 4004293623600000
  • Lot Size Acres: 0.4043
  • Lot Size Sq Ft: 17613
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assesor
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 7-10

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3950

Multi Family

  • Gross Scheduled Income: 44400
  • Net Operating Income: 36592
  • Number Of Units Total: 4
  • Insurance Expense: 2350
  • Leasable Area: 6000
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
May 26, 2016
Sold by
Evans Melissa Anne and Arkelin Melissa Anne
Bought by
Wright Baron Llc
Buyer's Agent
Wayne Gardner
Westwind Real Estate
List Price
$579,000
Sold Price
$538,000
Premium/Discount to List
-$41,000
-7.08%
Total Days on Market
24
Current Estimated Value
$1,223,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,246
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Dec 3, 2008
Sold by
Evans William Wayne
Bought by
Evans Melissa Ann

Purchase Details

Closed on
Jul 19, 2005
Sold by
Mccabe Kevin and Mccabe Nancy
Bought by
Evans William Wayne and Arkelin Melissa Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2002
Sold by
Zylstra Pete and Zylstra Betty
Bought by
Mccabe Kevin and Mccabe Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,750
Interest Rate
6.09%
Mortgage Type
Commercial

Range of Values:

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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
Wright Baron Llc $538,000 First American Title
Evans Melissa Ann -- None Available
Evans William Wayne $499,280 First American Title Insuran
Mccabe Kevin $335,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arkelin Melissa Anne $457,000
Previous Owner Arkelin Melissa Anne $51,000
Previous Owner Evans William Wayne $40,000
Previous Owner Evans William Wayne $349,300
Previous Owner Mccabe Kevin $217,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $538,000 -7.1% $90 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $579,000 -- $97 / 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 $7,441 $824,288 $216,000 $608,288
2023 $7,441 $844,867 $189,398 $655,469
2022 $6,815 $761,155 $170,632 $590,523
2021 $6,320 $629,062 $141,020 $488,042
2020 $6,060 $511,444 $114,653 $396,791
2019 $5,105 $511,444 $114,653 $396,791
2018 $4,822 $490,688 $110,000 $380,688
2017 $4,309 $344,731 $87,000 $257,731
2016 $4,114 $318,121 $80,250 $237,871
2015 $3,490 $305,121 $77,400 $227,721
2014 -- $295,660 $75,000 $220,660
2013 -- $295,660 $75,000 $220,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 926647

Northwest Multiple Listing Service (NWMLS)

APN: 400429-362360-0000