Listed by COMPASS, Bought with Pacific Continental Realty LLC
NOT LISTED FOR SALE

Estimated Value: $1,110,000 - $1,374,155

8 Beds
4 Baths
3,054 Sq Ft
$415/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $611,000 $200 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $7,409/month

5 Days on Market

Highlights

  • Deck
  • Ceramic Tile Flooring
  • 3-minute walk to Laurel Park
  • Fairhaven Middle School Rated A-
  • Wood Siding

About This Home

As of June 2016

4 plex within walking distance to Western- always rented. Each unit has stack washer dryer, 2 br, and 1 bath. Quiet neighborhood with trail at end of street to arboretum. Carports, off street parking, and nice yard. Really nice natural lighting, built as a 4 plex has private space outside on decks.

Last Agent to Sell the Property

Anne Cantrell

COMPASS License #6913 Listed on: 05/03/2016

COMPASS

Last Buyer's Agent

Ryan Martin

Pacific Continental Realty LLC License #52053

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 935797

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,179

Year Built

  • Built in 1964

Lot Details

  • 6,090 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,054 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Sehome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803313104380000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,179

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1964
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3054
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: pse
  • SewerCompany: cob
  • WaterCompany: cob
  • WaterSewerGarbage: 1846

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803313104380000
  • Lot Size Acres: 0.1398
  • Lot Size Sq Ft: 6090
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: appraisal
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3800

Multi Family

  • Gross Scheduled Income: 45600
  • Net Operating Income: 31314
  • Number Of Units Total: 4
  • Insurance Expense: 1669
  • Leasable Area: 3054
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 23, 2016
Sold by
Maple Street Bellingham Llc
Bought by
Mount Baker Maple Street Llc
Seller's Agent
Anne Cantrell
COMPASS
Buyer's Agent
Ryan Martin
Pacific Continental Realty LLC
List Price
$626,280
Sold Price
$611,000
Premium/Discount to List
-$15,280
-2.44%
Current Estimated Value
$1,267,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,539
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Feb 11, 2014
Sold by
Cantrell Dan and Cantrell Anne
Bought by
Maple Street Bellingham Llc

Purchase Details

Closed on
Dec 24, 2013
Sold by
Scott Kathleen L and Scott Charles A
Bought by
Cantrell Anne and Cantrell Dan

Purchase Details

Closed on
Jul 25, 2006
Sold by
Gorsuch Charles G and Gorsuch Linda K
Bought by
Scott Charles A and Scott Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,150
Interest Rate
2%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2004
Sold by
Gorsuch Linda K and Peterson Linda K
Bought by
Gorsuch Charlie G and Gorsuch Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2002
Sold by
Rinehart Joann L
Bought by
Peterson Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2000
Sold by
Rinehart Joann L
Bought by
Rinehart Joann L and John J Rinehart Testamentary Trust
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
Mount Baker Maple Street Llc $611,000 Whatcom Land Title Co Inc
Maple Street Bellingham Llc -- Accommodation
Cantrell Anne $441,280 Whatcom Land Title
Scott Charles A $404,780 Chicago Title Insurance
Gorsuch Charlie G -- Chicago Title Insurance
Peterson Linda K $225,000 Whatcom Land Title
Rinehart Joann L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Charles A $283,150
Previous Owner Gorsuch Charlie G $183,000
Previous Owner Peterson Linda K $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $611,000 -2.4% $200 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $626,280 -- $205 / 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 $8,259 $1,035,247 $381,768 $653,479
2023 $8,259 $1,061,605 $391,488 $670,117
2022 $6,529 $899,683 $331,776 $567,907
2021 $6,405 $702,877 $259,200 $443,677
2020 $5,653 $650,812 $240,000 $410,812
2019 $5,326 $555,218 $266,400 $288,818
2018 $5,364 $524,423 $251,748 $272,675
2017 $4,671 $451,622 $216,360 $235,262
2016 $4,179 $410,962 $196,740 $214,222
2015 $4,189 $382,779 $185,580 $197,199
2014 -- $371,270 $180,000 $191,270
2013 -- $364,062 $177,000 $187,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 935797

Northwest Multiple Listing Service (NWMLS)

APN: 380331-310438-0000