Listed by Keller Williams Western Realty, Bought with John L. Scott Bellingham
NOT LISTED FOR SALE

834 Old Samish Rd Bellingham, WA 98229

7 Beds
7 Baths
712 Sq Ft
1.32 Acres

Last Sold March 27, 2017

Last sale price $542,000 $761 Per Sq Ft

159 Days on Market

Highlights

  • Wall to Wall Carpet
  • Fairhaven Middle School Rated A-
  • 1-Story Property

About This Home

As of March 2017

Great opportunity to acquire investment property, either owner-occupied or wealth-building and cash flow property. An eight unit property with one stick-built house, six park-owned manufactured units, and one pad rental. Seven minutes from the heart of Fairhaven and 14 minutes from downtown Bellingham, this property affords a rural setting just minutes from the city. Stable tenants and low turnover; solid 7% cap rate now. Rents below market: a little focus and effort would yield 8% or more.

Last Agent to Sell the Property

John Ramsey

Keller Williams Western Realty License #27938 Listed on: 08/18/2016

Keller Williams Western Realty

Last Buyer's Agent

Martin Kutschbach

John L. Scott Bellingham License #73860

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1016890

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,386

Year Built

  • Built in 1970

Lot Details

  • 1.32 Acre Lot

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 712 Sq Ft Home
  • 1-Story Property
  • Wall to Wall Carpet

Parking

  • 10 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3703174021320000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,386

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1970
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 712
  • Special Features: None
  • Cumulative Days on Market: 455

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Septic Tank
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 200

Schools

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

Lot Info

  • Parcel Number: 3703174021320000
  • Lot Size Acres: 1.32
  • Lot Size Sq Ft: 57499
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 5220

Multi Family

  • Gross Scheduled Income: 62640
  • Net Operating Income: 42152
  • Number Of Units Total: 8
  • Electric Expense: 221
  • Insurance Expense: 1669
  • Leasable Area: 4200
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6386

MLS Schools

  • Elementary School: Buyer To Verify

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

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $542,000 -1.5% $761 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $550,000 +1.5% $772 / Sq Ft
10/29/2016 10/29/16 Off Market $542,000 -- --
08/29/2016 08/29/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $550,000 -- $772 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Ramsey

    Seller's Agent in 2017

    John Ramsey

    Keller Williams Western Realty

    (360) 298-5563

    84 Total Sales

    John Ramsey
    Section Image

  • M

    Buyer's Agent in 2017

    Martin Kutschbach

    John L Scott

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1016890

Northwest Multiple Listing Service (NWMLS)
Washington Whatcom County Bellingham 98229

834 Old Samish Rd, Bellingham, WA

This home is located at 834 Old Samish Rd, Bellingham, WA 98229 since 18 August 2016. This property was built in 1970. 834 Old Samish Rd is a home located in Whatcom County with nearby schools including Wade King Elementary School, Fairhaven Middle School, and Sehome High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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