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

801 817 Aaron Dr E Lynden, WA 98264

-- Bed
-- Bath
41,041 Sq Ft
2.82 Acres

Last Sold December 10, 2015

Last sale price $4,200,000 $102 Per Sq Ft

65 Days on Market

Highlights

  • 2.82 Acre Lot
  • Territorial View
  • Property is in very good condition
  • Deck
  • Thermal Windows
  • Wall to Wall Carpet

About This Home

As of December 2015

Prime Investment Opportunity!! Well maintained 45 unit apartment complex next to playfields & Bender Plaza. A good mix of 1, 2, & 3 bedroom units that were built & maintained by the current owner. Running at a 97% occupancy for the last few years. These units include all appliances including washers & dryers. Covered carports. Roof is 3 years old. Built with double walls & light weight concrete for sound barrier. If you are looking for a stable investment take a good look at this one!

Last Agent to Sell the Property

Jerry Blankers

Muljat Group License #12156 Listed on: 07/13/2015

Muljat Group

Last Buyer's Agent

Ron De Boer

Windermere Real Estate Whatcom License #3141

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 818456

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,276

Year Built

  • Built in 1995

Lot Details

  • 2.82 Acre Lot
  • Lot Dimensions are 375'x365'
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 41,041 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 90 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Vossbeck Elementary School
  • Lynden Mid Middle School
  • Lynden High School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Rb Development Div 1 Condos
  • Lynden Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 4003160495200000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,276

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1995
  • Buyer Agency Compensation: 1.25
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: RB Development Div 1
  • New Construction: No
  • CalculatedSquareFootage: 41041
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Hot Water Recirc Pump, Wall to Wall Carpet, Laminate Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 45
  • Carport Y N: No
  • Open Parking Spaces: 45
  • Open Parking: Yes
  • Total Parking Spaces: 90
  • ParkingUncoveredSpaces: 45

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Lynden City
  • WaterCompany: Lynden City
  • WaterSewerGarbage: 40691

Fee Information

  • Annual Fuel Expense: 792

Schools

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

Lot Info

  • Parcel Number: 4003160495200000
  • Lot Size Acres: 2.82
  • Lot Size: 375'x365'
  • Lot Size Sq Ft: 122839
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Appraisal
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 35043

Multi Family

  • Gross Scheduled Income: 450187
  • Net Operating Income: 267221
  • Number Of Units Total: 4
  • Electric Expense: 1683
  • Insurance Expense: 9540
  • Leasable Area: 41041
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2014
  • Tax Annual Amount: 34276

MLS Schools

  • Elementary School: Vossbeck Elem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2015 12/10/15 Sold $4,200,000 -6.7% $102 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $4,500,000 -- $110 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 818456

Northwest Multiple Listing Service (NWMLS)