NOT LISTED FOR SALE

705 N State St Unit 402 Bellingham, WA 98225

Sehome Neighborhood

Estimated Value: $417,000 - $526,000

2 Beds
1 Bath
1,245 Sq Ft
0.5 Acres

Last Sold September 03, 2021

Last sale price $420,000 $337 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,821/month

Highlights

  • Ocean View
  • Traditional Architecture
  • Cats Allowed
  • Fairhaven Middle School Rated A-
  • Ceramic Tile Flooring
  • 4-minute walk to Forest & Cedar Park

About This Home

As of September 2021

Just steps away from downtown restaurants & brew pubs, enjoy the Bay views from two decks in this comfortable two bedroom condo sitting just above the waterfront development in downtown Bellingham. Enjoy two floor living with bedrooms and laundry on a separate level from your living space - perfect for entertaining. This condo uses a complement of tile, carpet, and engineered hardwoods to create a very comfortable atmosphere. The furnace, hot water tank, and stove top are all natural gas; rarely found in the condo market. The building is equipped with elevator and has ample parking. Come experience Bellingham from a central location! For investors-note that this unit was rented through end of June & currently fits within the HOA rental cap.

Last Agent to Sell the Property

Gordon Neufeld

Muljat Group License #27470 Listed on: 05/26/2021

Muljat Group

Last Buyer's Agent

Kerry Graham

John L. Scott Bellingham License #75800

John L. Scott Bellingham

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1781123

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,524

Year Built

  • Built in 1991

Lot Details

  • 0.5

Parking

  • Carport

Property Views

  • Ocean
  • Bay
  • City
  • Mountain

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 4-Story Property
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 3802365634340013

Community Details

Overview

  • 14 Units
  • Fairhaven Community

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,524

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Architecture: Traditional
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet, R
  • Appliance Hookups: Cooking-Gas, Dryer-Electric
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Lower Level Bedroom: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Lower
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: In Carport
  • Estimated Sq Ft: 1245
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Wood, Wood Products
  • Roof: Composition
  • View: Bay, City, Mountain, Ocean

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: In closet at base of stairs-Natural Gas

Condo/Co-op/Association

  • Numberof Units in Building: 14
  • Numberof Units In Complex: 16
  • HOA Fees: 375
  • Community Name: Fairhaven
  • Project: Boulevard Brownstones
  • Cats And Dogs: Cats Only
  • Manager Contact Information: Brandye Hubbs- Windermere (360) 733-7944
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, Outside Entry
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath

Schools

  • Elementary School: Lowell Elem
  • Middle School: Fairhaven Mid
  • High School: Sehome High
  • School District: BEL

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 3802365634340013

Tax Info

  • Tax Amount: 3457

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Aug 27, 2021
Sold by
Sayer William R and Sayer Laurie A
Bought by
Whitt David O and Whitt Tina L
Seller's Agent
Gordon Neufeld
Muljat Group
Buyer's Agent
Kerry Graham
John L. Scott Bellingham
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%
Current Estimated Value
$476,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,529
Avg. Annual Appreciation
3.11%
Original Mortgage
$315,000
Outstanding Balance
$286,199
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$190,330

Purchase Details

Closed on
Jun 7, 2007
Sold by
Parsons Shawn and Parsons Susan
Bought by
Sayer William R and Sayer Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,825
Interest Rate
5.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 18, 2001
Sold by
Willand Lauri
Bought by
Parsons Shawn and Parsons Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Whitt David O $420,000 Whatcom Land Title Co Inc
Sayer William R $265,780 First American Title Insuran
Parsons Shawn $213,600 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitt David O $315,000
Previous Owner Sayer William R $39,825
Previous Owner Sayer William R $212,400
Previous Owner Parsons Shawn $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $420,000 -4.3% $337 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $439,000 -2.4% $353 / Sq Ft
05/26/2021 05/26/21 For Sale $449,900 -- $361 / 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 $3,524 $452,657 $60,160 $392,497
2023 $3,524 $452,657 $60,160 $392,497
2022 $3,589 $436,604 $49,720 $386,884
2021 $3,457 $386,375 $44,000 $342,375
2020 $3,193 $351,250 $40,000 $311,250
2019 $2,633 $313,542 $32,274 $281,268
2018 $2,917 $259,235 $26,684 $232,551
2017 $2,416 $245,585 $25,270 $220,315
2016 $2,170 $212,554 $21,870 $190,684
2015 $2,192 $198,779 $20,470 $178,309
2014 -- $194,300 $20,000 $174,300
2013 -- $182,521 $16,313 $166,208
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1781123

Northwest Multiple Listing Service (NWMLS)

APN: 380236-563434-0013