NOT LISTED FOR SALE

Estimated Value: $784,000 - $925,000

3 Beds
3 Baths
1,959 Sq Ft
$432/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $391,000 $200 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,165/month

4 Days on Market

Highlights

  • Bay View
  • Deck
  • Wood Siding
  • Fairhaven Middle School Rated A-
  • Softwood Flooring
  • 3-minute walk to Laurel Park

About This Home

As of April 2012

Great triplex nearly on WWU campus at the top of Indian St. Views of Bellingham Bay from top unit. Alley parking, front porch and nice front yard space for tenants. Newer roof, conversion of electrical to Romex, new vinyl windows in lower unit. Blow-in insulation and many more upgrades since purchased in 2007 for $415K. Owner's loss is your gain!

Co-Listed By

Colin Lowin

PRO RLTYSRVCS Eastside License #71465

PRO RLTYSRVCS Eastside

Last Buyer's Agent

Jerry Swann

Best Choice Network LLC License #100688

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 334842

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1918

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in average condition

Property Views

  • Bay
  • City

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,959 Sq Ft Home
  • 3-Story Property
  • Softwood Flooring

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Lowell Elementary School
  • Whatcom Mid Middle School
  • Bellingham High School

Utilities

  • Radiator
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • South Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 102 exc ptn to st for hway
  • Assessor Parcel Number 3803311523920000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,998

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: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1959
  • SOCComments: SA must be present for showings for comm
  • Special Features: None
  • Cumulative Days on Market: 320

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Softwood
  • Interior Amenities: Radiator, Fir/Softwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Bay, City
  • Lot Features: Alley, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 950

Fee Information

  • Annual Fuel Expense: 700

Schools

  • Junior High Dist: Bellingham
  • High School: Bellingham High
  • Middle Or Junior School: Whatcom Mid

Lot Info

  • Parcel Number: 3803311523920000
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • ZoningClass: Multi-Family
  • LotNumber: 14

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2475

Multi Family

  • Gross Scheduled Income: 29700
  • Net Operating Income: 23486
  • Number Of Units Total: 3
  • Electric Expense: 800
  • Insurance Expense: 766
  • Leasable Area: 1959
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2011
  • Tax Annual Amount: 2998

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Macdonald Patrick and Macdonald Gail
Bought by
Garden Property Development Llc
Current Estimated Value
$845,775

Purchase Details

Listed on
Mar 23, 2012
Closed on
Apr 13, 2012
Sold by
Zemel Stuart and Zemel Cinda
Bought by
Macdonald Patrick and Macdonald Gail
Buyer's Agent
Jerry Swann
Best Choice Network LLC
List Price
$391,000
Sold Price
$391,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Jul 30, 2007
Sold by
Bonsell Kevin and Bonsell Kelly
Bought by
Zemel Stuart and Zemel Cinda

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%
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
Garden Property Development Llc $668,000 Chicago Title Company Of Wa
Macdonald Patrick $391,280 Whatcom Land Title
Zemel Stuart $415,280 Whatcom Land Title
Andresen Larry W $177,500 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andresen Larry W $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2012 04/16/12 Sold $391,000 0.0% $200 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $391,000 -- $200 / 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 $5,933 $743,460 $397,675 $345,785
2023 $5,933 $762,389 $407,800 $354,589
2022 $4,689 $646,105 $345,600 $300,505
2021 $4,600 $504,769 $270,000 $234,769
2020 $4,834 $467,379 $250,000 $217,379
2019 $4,554 $474,729 $244,200 $230,529
2018 $4,586 $448,413 $230,769 $217,644
2017 $3,993 $386,112 $198,330 $187,782
2016 $3,576 $351,333 $180,345 $170,988
2015 $3,584 $327,516 $170,115 $157,401
2014 -- $317,668 $165,000 $152,668
2013 -- $307,326 $159,300 $148,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 334842

Northwest Multiple Listing Service (NWMLS)

APN: 380331-152392-0000