NOT LISTED FOR SALE

860 Hinotes Ct Lynden, WA 98264

Estimated Value: $637,217 - $747,000

2 Beds
1 Bath
2,186 Sq Ft
$308/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $277,500 $127 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,152/month

3 Days on Market

Highlights

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

About This Home

As of March 2015

Investor alert! Affordable duplex with extra space to build a shop for yourself or to rent out. 27,000 plus square foot lot. Very well maintained. Excellent rental history.

Last Agent to Sell the Property

Duane VanderYacht

Windermere Real Estate Whatcom License #6444 Listed on: 01/26/2015

Windermere Real Estate Whatcom

Co-Listed By

Bonnie VanderYacht

Windermere Real Estate Whatcom License #6445

Last Buyer's Agent

Duane VanderYacht

Windermere Real Estate Whatcom License #6444 Listed on: 01/26/2015

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 734966

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 1979

Lot Details

  • 0.62 Acre Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,186 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Lynden Mid Middle School
  • Lynden High School

Utilities

  • Natural Gas Connected
  • Septic Tank
  • Septic System

Community Details

  • Van Rys Subdiv Condos
  • Lynden Subdivision

Listing and Financial Details

  • Tax Lot 3-4
  • Assessor Parcel Number 3903055101070000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,713

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Van Rys Subdiv
  • New Construction: No
  • CalculatedSquareFootage: 2186
  • Special Features: None
  • Cumulative Days on Market: 275

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Utilities: Septic System, Natural Gas Connected
  • WaterCompany: Pole Road Water
  • WaterSewerGarbage: 500

Schools

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

Lot Info

  • Parcel Number: 3903055101070000
  • Lot Size Acres: 0.62
  • Lot Size Sq Ft: 27007
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Assessor
  • ZoningClass: Multi-Family
  • LotNumber: 3-4

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 1550

Multi Family

  • Gross Scheduled Income: 18600
  • Net Operating Income: 14701
  • Number Of Units Total: 2
  • Insurance Expense: 500
  • Leasable Area: 2186
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Mar 12, 2015
Sold by
Bouma Tim E and Bouma Kimberly A
Bought by
Edmondson Cathy L
Seller's Agent
Duane VanderYacht
Windermere Real Estate Whatcom
Buyer's Agent
Duane VanderYacht
Windermere Real Estate Whatcom
List Price
$289,000
Sold Price
$277,500
Premium/Discount to List
-$11,500
-3.98%
Total Days on Market
3
Current Estimated Value
$673,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,054
Avg. Annual Appreciation
9.19%
Original Mortgage
$272,473
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

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    Section Image

Range of Values:

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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
Edmondson Cathy L $277,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edmondson Cathy L $120,000
Open Edmondson Cathy L $258,000
Closed Edmonson Cathy L $253,500
Closed Edmondson Cathy L $272,473
Previous Owner Bouma Tim E $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2015 03/16/15 Sold $277,500 -4.0% $127 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $289,000 -- $132 / 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 $4,457 $597,813 $266,750 $331,063
2023 $4,457 $593,330 $275,000 $318,330
2022 $3,988 $496,688 $189,536 $307,152
2021 $3,915 $410,481 $156,639 $253,842
2020 $3,490 $366,510 $139,860 $226,650
2019 $3,127 $336,178 $128,415 $207,763
2018 $3,401 $306,554 $116,981 $189,573
2017 $3,177 $275,158 $105,000 $170,158
2016 $3,020 $273,781 $132,000 $141,781
2015 $2,692 $258,628 $126,960 $131,668
2014 -- $249,855 $122,640 $127,215
2013 -- $247,215 $120,000 $127,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 734966

Northwest Multiple Listing Service (NWMLS)

APN: 390305-510107-0000