Location, location, location! Well cared for & updated Craftsman style triplex one block from WWU campus. Lot size, 6,975+-s/f & RM1 zoning, allow more units on this property. Buyer to verify with COB. All spacious units have 1 bedroom & 1 bathroom. Views of Bellingham Bay from the top floor. Classic covered porch entry to upper unit #3 & main floor unit #2. Electrical has been updated, shared laundry room for tenants, Unit #2 has its own washer & dryer. Storage area for bikes, 6 off street parking spaces in the dead end alley. Each unit is different from the other. Rents are below current market value. Pre-listing Inspection is available, ask your Broker for Seller Disclosure. Easy access to trails, parks, transportation & Downtown.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1755966
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,600
Year Built
Built in 1918
Lot Details
6,975 Sq Ft Lot
Property is in good condition
Property Views
Bay
Territorial
Limited
Home Design
Triplex
Block Foundation
Composition Roof
Bitumen Roof
Wood Siding
Interior Spaces
2,168 Sq Ft Home
3-Story Property
Flooring
Softwood
Wall to Wall Carpet
Laminate
Vinyl
Parking
6 Parking Spaces
Open Parking
Schools
Lowell Elementary School
Fairhaven Mid Middle School
Sehome High School
Utilities
Radiator
Cable TV Available
Community Details
Town Of New Whatcom Condos
Sehome Subdivision
Listing and Financial Details
Legal Lot and Block Portion of lot 19 / 102
Assessor Parcel Number 380331152392
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,600
Year Built
Built in 1918
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 53 - Tri-plex
Year Built: 1918
Buyer Agency Compensation: 2.5%
MLS Status: Sold
Prev Status: Closed
Building Name: Town of New Whatcom
New Construction: No
CalculatedSquareFootage: 2168
Special Features: VirtualTour
Cumulative Days on Market: 290
Interior Features
Possible Use: Multi-Family, Residential
Fireplace: No
Flooring: Softwood, Laminate, Vinyl, Carpet
Interior Amenities: Radiator, Fir/Softwood, Laminate, Wall to Wall Carpet
Stories: 3
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Exterior Features
Roof: Composition, Torch Down
View: Bay, Partial, Territorial
Lot Features: Alley, Curbs, Paved, Sidewalk
View: Yes
Waterfront: No
Exterior Features: Wood
Foundation Details: Block
Property Condition: Good
Structure Type: Triplex
Garage/Parking
Carport Y N: No
Open Parking Spaces: 6
Open Parking: Yes
Total Parking Spaces: 6
ParkingUncoveredSpaces: 6
Utilities
Sewer: Sewer Connected
Water Source: Public
Heating Yn: Yes
Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
PowerCompany: Puget Sound Energy
SewerCompany: City of Bellingham
WaterCompany: City of Bellingham
WaterSewerGarbage: 1639
Condo/Co-op/Association
Senior Community: No
Association Fee Frequency: Annually
Fee Information
Annual Fuel Expense: 1032
Schools
Junior High Dist: Bellingham
High School: Sehome High
Middle Or Junior School: Fairhaven Mid
Lot Info
Parcel Number: 380331152392
Lot Size Acres: 0.1601
Lot Size Sq Ft: 6975
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Cable TV,Gas Available
MLSLotSizeSource: Realist
ZoningJurisdiction: City
ZoningClass: Multi-Family,Residential
LotNumber: Portion of lot 19
Green Features
Power Production Type: Natural Gas
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 21
LeasedItems: None
TotalMonthlyIncome: 2800
Multi Family
Gross Scheduled Income: 33600
Net Operating Income: 28525
Number Of Units Total: 3
Electric Expense: 890
Insurance Expense: 884
Leasable Area: 2168
EnergySource: Natural Gas
UnitsInBuildingTotal: 3
UnitsBelowGrade: true
VacancyRate: 0
Tax Info
Year: 2021
Tax Annual Amount: 4600
MLS Schools
Elementary School: Lowell Elem
Ownership History
DateNameOwned ForOwner Type
May 2021 - PresentGarden Property Development Llc4 Years
Company
Purchase Details
Listed on
Apr 12, 2021
Closed on
May 26, 2021
Sold by
Macdonald Patrick and Macdonald Gail
Bought by
Garden Property Development Llc
Seller's Agent
Danne Neill
Muljat Group
Buyer's Agent
Barb Davison
Muljat Group
List Price
$699,000
Sold Price
$668,000
Premium/Discount to List
-$31,000
-4.43%
Total Days on Market
30
Current Estimated Value
$827,253
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,253
Apr 2012 - May 2021Macdonald Patrick and Macdonald Gail9 Years and 1 Month
Private Individual
Purchase Details
Closed on
Apr 13, 2012
Sold by
Zemel Stuart and Zemel Cinda
Bought by
Macdonald Patrick and Macdonald Gail
Jul 2007 - Apr 2012Zemel Stuart and Zemel Cinda4 Years and 9 Months
Private Individual
Purchase Details
Closed on
Jul 30, 2007
Sold by
Bonsell Kevin and Bonsell Kelly
Bought by
Zemel Stuart and Zemel Cinda
Oct 2001 - Jul 2007Andresen Larry W and Andresen Christine E5 Years and 9 Months
Private Individual
Purchase Details
Closed on
Oct 15, 2001
Sold by
Dent Donald C and Dent Audrey C
Bought by
Andresen Larry W and Andresen Christine E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 821 Billy Frank Jr St, Bellingham, WA 98225 since 12 April 2021 and is currently priced at $827,253, approximately $381 per square foot. This property was built in 1918. 821 Billy Frank Jr St is a home located in Whatcom County with nearby schools including Lowell Elementary School, Fairhaven Middle School, and Sehome High School.
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