Listed by Windermere Real Estate Whatcom, Bought with Windermere Real Estate Whatcom
NOT LISTED FOR SALE

710 Drayton St Lynden, WA 98264

Estimated Value: $1,095,000 - $1,392,000

-- Bed
6 Baths
5,600 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $685,000 $122 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $7,312/month

2 Days on Market

Highlights

  • Secluded Lot
  • Thermal Windows
  • High Speed Internet
  • Territorial View
  • Patio
  • Property is in very good condition

About This Home

As of March 2018

Rare find for an investor~1992 Lynden 4 plex in quiet location. Well maintained townhouse style units each feature 3 BR, 1.5 BA & 1400 square feet. Carports house 4 cars plus 6 uncovered parking spaces. Stable long term renters, out of town owner has not kept up with current rental rate pricing. Market dictates higher rent.

Last Agent to Sell the Property

Rick Vander Giessen

Windermere Real Estate Whatcom License #9746 Listed on: 02/07/2018

Windermere Real Estate Whatcom

Last Buyer's Agent

Wynden Holman

Windermere Real Estate Whatcom License #17404

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1239715

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,961

Year Built

  • Built in 1992

Lot Details

  • 0.28 Acre Lot
  • Secluded Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Lynden Subdivision

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 4003205655380000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,961

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1992
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5600
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Lynden
  • WaterCompany: City of Lynden
  • WaterSewerGarbage: 3354

Schools

  • Junior High Dist: Lynden
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 4003205655380000
  • Lot Size Acres: 0.28
  • Lot Size: irregular
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: public records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: A

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3700

Multi Family

  • Gross Scheduled Income: 44400
  • Net Operating Income: 29479
  • Number Of Units Total: 6
  • Electric Expense: 131
  • Insurance Expense: 1697
  • Leasable Area: 5600
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4961

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Coco Holdings Llc
Bought by
Ross Douglas and Ross Rebecca
Current Estimated Value
$1,275,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,566
Outstanding Balance
$355,505
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$919,644

Purchase Details

Closed on
Jun 12, 2018
Sold by
Ross Douglas L and Ross Rebecca B
Bought by
Stryker Llc

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 12, 2018
Sold by
Childers Leland M and Childers Cherelyn S
Bought by
Ross Douglas L and Ross Rebecca B
Seller's Agent
Rick Vander Giessen
Windermere Real Estate Whatcom
Buyer's Agent
Wynden Holman
Windermere Real Estate Whatcom
List Price
$675,000
Sold Price
$685,000
Premium/Discount to List
$10,000
1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$513,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2010
Sold by
Providence Rentals Llc
Bought by
Childers Leland M and Childers Cherelyn S

Purchase Details

Closed on
Aug 8, 2005
Sold by
Childers Leland M and Childers Cherelyn S
Bought by
Providence Rentals Llc

Purchase Details

Closed on
May 13, 2002
Sold by
Huestis Gerald S and Huestis Martha B
Bought by
Childers Leland M and Childers Cherelyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.12%
Mortgage Type
Commercial
Source: Public Records

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
Ross Douglas -- None Available
Stryker Llc -- None Available
Ross Douglas L $685,000 Chicago Title Insurance
Childers Leland M -- None Available
Providence Rentals Llc -- --
Childers Leland M -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Douglas $466,566
Previous Owner Ross Douglas L $513,750
Previous Owner Childers Leland M $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $685,000 +1.5% $122 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $675,000 -- $121 / 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 $6,623 $941,873 $242,500 $699,373
2023 $6,623 $922,474 $250,000 $672,474
2022 $6,732 $884,248 $216,612 $667,636
2021 $6,603 $730,775 $179,016 $551,759
2020 $5,783 $652,495 $159,840 $492,655
2019 $5,145 $598,360 $146,760 $451,600
2018 $5,624 $545,754 $133,692 $412,062
2017 $4,961 $489,861 $120,000 $369,861
2016 $4,678 $459,673 $128,700 $330,973
2015 $4,146 $431,150 $123,786 $307,364
2014 -- $416,544 $119,574 $296,970
2013 -- $413,970 $117,000 $296,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1239715

Northwest Multiple Listing Service (NWMLS)

APN: 400320-565538-0000