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

Estimated Value: $1,103,000 - $1,533,636

3 Beds
8 Baths
3,819 Sq Ft
$331/Sq Ft Est. Value

Last Sold November 07, 2013

Last sale price $602,500 $158 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $7,794/month

178 Days on Market

Highlights

  • Deck
  • Territorial View
  • High Speed Internet
  • Fairhaven Middle School Rated A-
  • Thermal Windows
  • Property is in very good condition

About This Home

As of November 2013

Great Triplex in superb condition near WWU (above WWU Park'n'Ride and 1 mile to WWU Campus). Each Unit has 3 beds, 2.5 baths, W&D, dishwashers, walk-in closets, decks and garages. Hard i-plank siding, vinyl windows, gas heat and newer H20 tanks. Close proximity to Western Washington University keeps this Triplex always rented. True 6% CAP. Each Unit rents for $1,250 now, going up to $1,310 and $1,325 in July. Professionally Managed, accurate accounting.

Last Agent to Sell the Property

Gregg Baker

Windermere Real Estate Whatcom License #14014 Listed on: 04/11/2013

Windermere Real Estate Whatcom

Last Buyer's Agent

Michelle Harrington

COMPASS License #24000382

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 471293

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 2002

Lot Details

  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,819 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Sehome Subdivision

Listing and Financial Details

  • Tax Lot C-2
  • Assessor Parcel Number 380332069147

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,664

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2002
  • Buyer Agency Compensation: 3.0%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3819
  • SOCComments: Not A Short Sale or Foreclosure
  • Special Features: None
  • Cumulative Days on Market: 520

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 380332069147
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • LotNumber: C-2

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3825

Multi Family

  • Gross Scheduled Income: 47340
  • Net Operating Income: 36087
  • Number Of Units Total: 3
  • Insurance Expense: 1000
  • Leasable Area: 3800
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 5664

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2013
Closed on
Nov 1, 2013
Sold by
Blueberry Lane Llc
Bought by
Baldridge Thomas E and Baldridge Kristine D
Seller's Agent
Gregg Baker
Windermere Real Estate Whatcom
Buyer's Agent
Michelle Harrington
COMPASS
List Price
$625,000
Sold Price
$602,500
Premium/Discount to List
-$22,500
-3.6%
Current Estimated Value
$1,281,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,843
Avg. Annual Appreciation
6.49%
Original Mortgage
$391,625
Outstanding Balance
$117,432
Interest Rate
4.27%
Mortgage Type
Commercial
Estimated Equity
$1,145,828

Purchase Details

Closed on
Aug 13, 2005
Sold by
Johnson Bradley R and Johnson Cathy L
Bought by
Blueberry Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,250
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2005
Sold by
Raney David A and Raney Teresa M
Bought by
Johnson Bradley R and Johnson Cathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,250
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2001
Sold by
Consolidated Properties
Bought by
Raney David A and Raney Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.91%
Mortgage Type
Commercial
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
Baldridge Thomas E $602,780 Chicago Title Insurance
Blueberry Lane Llc -- --
Johnson Bradley R $550,000 Whatcom Land Title
Raney David A $60,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldridge Thomas E $391,625
Previous Owner Johnson Bradley R $349,250
Previous Owner Raney David A $60,000
Previous Owner Raney David A $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2013 11/07/13 Sold $602,500 -3.6% $158 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $625,000 -- $164 / 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 $9,350 $1,160,402 $405,456 $754,946
2023 $9,350 $1,201,889 $419,952 $781,937
2022 $7,662 $1,022,890 $357,408 $665,482
2021 $7,122 $824,933 $288,240 $536,693
2020 $6,994 $723,620 $252,840 $470,780
2019 $6,802 $686,872 $240,000 $446,872
2018 $7,062 $669,806 $194,050 $475,756
2017 $6,224 $594,548 $172,244 $422,304
2016 $5,671 $547,590 $158,486 $389,104
2015 $5,581 $519,416 $150,232 $369,184
2014 -- $494,666 $143,078 $351,588
2013 -- $469,575 $137,575 $332,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 471293

Northwest Multiple Listing Service (NWMLS)

APN: 380332-069147-0000