NOT LISTED FOR SALE

819 Front St Lynden, WA 98264

Estimated Value: $1,026,821 - $1,353,000

-- Bed
4 Baths
3,532 Sq Ft
$319/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $475,000 $134 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $6,774/month

208 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • 1-Story Property
  • Corner Lot
  • Wall to Wall Carpet

About This Home

As of December 2015

Attention Investors! Great opportunity to buy turn-key 4-plex in heart of Lynden. Over 10,000 sqft corner lot with alley access, landscaped, includes 4-car carport for each unit & 3 additional parking spaces (not including the curb surrounding property & fronting Front Street). All one story, units are all 2 bedroom/1bath, all appliances included, natural gas furnace & water heaters (with separate metered utilities). Great occupancy history, this investment property won't last!

Last Agent to Sell the Property

Danielle Groeneweg

RE/MAX Whatcom County, Inc. License #24674 Listed on: 04/06/2015

RE/MAX Whatcom County, Inc.

Last Buyer's Agent

Linda Zemler

RE/MAX Whatcom County, Inc. License #100605

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 766907

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,465

Year Built

  • Built in 1984

Lot Details

  • 10,454 Sq Ft Lot
  • Street terminates at a dead end
  • Corner Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,532 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Schools

  • Fisher Elementary School
  • Lynden Mid Middle School
  • Lynden High School

Utilities

  • Cable TV Available

Community Details

  • Lynden Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 10 / 2
  • Assessor Parcel Number 4003201492110000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,465

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1984
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3532
  • Special Features: VirtualTour
  • Cumulative Days on Market: 481

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Lynden
  • WaterCompany: City of Lynden
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 4003201492110000
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 9 10

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2775

Multi Family

  • Gross Scheduled Income: 33300
  • Net Operating Income: 29835
  • Number Of Units Total: 4
  • Leasable Area: 3532
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3465

MLS Schools

  • Elementary School: Fisher Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2022
Sold by
Bouma and Marea
Bought by
Salish Estates Llc
Total Days on Market
208
Current Estimated Value
$1,128,205

Purchase Details

Closed on
Jan 6, 2022
Sold by
Bouma Robert and Bouma Marca
Bought by
Salish Estates Llc

Purchase Details

Listed on
Apr 6, 2015
Closed on
Nov 30, 2015
Sold by
Brim David N and Brim Susan M
Bought by
Bouma Robert and Bouma Marea
Seller's Agent
Danielle Groeneweg
RE/MAX Whatcom County, Inc.
Buyer's Agent
Linda Zemler
RE/MAX Whatcom County, Inc.
List Price
$549,900
Sold Price
$475,000
Premium/Discount to List
-$74,900
-13.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$260,000
Interest Rate
3.73%
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
Salish Estates Llc $313 Accommodation/Courtesy Recordi
Salish Estates Llc -- Accommodation
Bouma Robert $475,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bouma Robert $260,000
Previous Owner Brim David N $231,400
Previous Owner Brim David N $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2015 12/07/15 Sold $475,000 -13.6% $134 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $549,900 -- $156 / 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 $5,287 $747,541 $242,500 $505,041
2023 $5,287 $735,616 $250,000 $485,616
2022 $5,579 $732,152 $216,612 $515,540
2021 $5,472 $605,077 $179,016 $426,061
2020 $4,794 $540,262 $159,840 $380,422
2019 $4,265 $495,480 $146,760 $348,720
2018 $4,661 $451,881 $133,692 $318,189
2017 $4,086 $405,602 $120,000 $285,602
2016 $3,858 $378,122 $118,800 $259,322
2015 $3,420 $355,088 $114,264 $240,824
2014 -- $343,056 $110,376 $232,680
2013 -- $340,680 $108,000 $232,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 766907

Northwest Multiple Listing Service (NWMLS)

APN: 400320-149211-0000