Listed by Bellwether Real Estate, Bought with COMPASS
NOT LISTED FOR SALE

718 E Laurel Rd Bellingham, WA 98226

Estimated Value: $749,615 - $826,000

3 Beds
1 Bath
1,544 Sq Ft
$510/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $645,000 $418 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,313/month

10 Days on Market

Highlights

  • 2 Car Garage
  • Dining Room
  • South Facing Home
  • 1-Story Property
  • Family Room
  • ADU includes 1 Bedroom and 1 Bathroom

About This Home

As of October 2022

Myriad of possibilities with this 9.49acres farm zoned R5A in a fantastic location. 15min drive to Bellingham. Enjoy Mt Baker views! Main home & 572sqft ADU. Renovate the homes and continue to use it as a farm. Or live in the main home, rent out the small home and rent out the barn and pasture land. Or purchase the neighboring 10.97 acres vacant land for a total of 20.46 acres and use the vacant land as additional pasture for the farm or subdivide both lots into 4 five acre parcels and build 4 homes. Do not go inside the fence as there are cows in the field. Many outbuildings include 3,168sqft barn with hay loft w milk room, tool shed, tractor shed, animal shed/chicken coop. Showings by appointment only

Last Agent to Sell the Property

Vanessa Parry

Bellwether Real Estate License #119698 Listed on: 08/14/2022

Bellwether Real Estate

Last Buyer's Agent

Tony Hoefakker

COMPASS License #119820

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1983402

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,075

Year Built

  • Built in 1940

Lot Details

  • 9.49 Acre Lot
  • South Facing Home
  • Level Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Dining Room
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Bathroom

Additional Homes

  • 572 SF Accessory Dwelling Unit
  • ADU includes 1 Bedroom and 1 Bathroom

Schools

  • Irene Reither Primar Elementary School
  • Meridian Mid Middle School
  • Meridian High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Laurel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 103469

Property Details

Property Type

Other

Est. Annual Taxes

$4,075

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Farm
  • Property Sub Type: Farm & Ranch
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1940
  • Inclusions: Dishwasher,Refrigerator,StoveRange,Cattle
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2788
  • SeniorExemption: false
  • AccessoryDwellingUnit: DetachedDwelling
  • DetachedDwellingSqFtFinished: 572
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Appliances: Dishwasher, Refrigerator, Stove/Range
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Dining Room, Family/Rec Room
  • Living Area: 1544
  • Main Level Bedrooms: 3
  • SquareFootageFinished: 1544
  • SquareFootageUnfinished: 672
  • BathsThreeQuarterMain: 1
  • AppliancesIncluded: Dishwasher,Refrigerator,Stove/Range
  • FireplacesUpper: 1
  • ADUBaths: 1
  • ADUBeds: 1

Exterior Features

  • Roof: Composition
  • Fencing: Barbed Wire, Partial Perimeter
  • Direction Faces: South
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • Outbuildings: Storage

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Security: Barbed Wire, Partial Perimeter
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Baseboard,Stove/Free Standing

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Meridian
  • High School: Meridian High
  • Middle Or Junior School: Meridian Mid

Lot Info

  • Parcel Number: 103469
  • Topography: Level
  • Lot Size Acres: 9.49
  • Lot Size Sq Ft: 413384
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: assessor
  • IrrigationType: None

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4075

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Irene Reither Primar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2022
Closed on
Sep 19, 2022
Sold by
Smeder Maureen F
Bought by
Palmblad Curtis D and Palmblad Jessica M
Seller's Agent
Vanessa Parry
Bellwether Real Estate
Buyer's Agent
Tony Hoefakker
COMPASS
List Price
$645,000
Sold Price
$645,000
Current Estimated Value
$787,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,808
Avg. Annual Appreciation
6.25%
Original Mortgage
$516,000
Outstanding Balance
$492,958
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$294,850
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Palmblad Curtis D -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmblad Curtis D $516,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $645,000 0.0% $418 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/14/2022 08/14/22 For Sale $645,000 -- $418 / 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
2025 $2,805 $1,155,299 $466,948 $688,351
2024 $1,311 $729,712 $436,399 $293,313
2023 $1,311 $575,534 $449,896 $125,638
2022 $2,717 $659,024 $367,855 $291,169
2021 $2,650 $523,034 $291,948 $231,086
2020 $2,348 $225,901 $21,402 $204,499
2019 $1,950 $407,806 $227,630 $180,176
2018 $2,295 $178,909 $16,950 $161,959
2017 $2,290 $158,327 $15,000 $143,327
2016 $2,259 $168,171 $16,274 $151,897
2015 $2,258 $165,070 $15,974 $149,096
2014 -- $174,997 $29,988 $145,009
2013 -- $168,515 $28,505 $140,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1983402

Northwest Multiple Listing Service (NWMLS)

APN: 390320-289320-0000