NOT LISTED FOR SALE

Estimated Value: $1,366,281

2.35 Acres
$581,396 Price per Acre
102,366 Sq Ft Lot

Last Sold September 19, 2023

Last sale price $1,300,000

Est. 5% increase in value since last sale

Current estimated payment $8,235/month

128 Days on Market

Highlights

  • 2.35 Acre Lot
  • Territorial View
  • Level Lot
  • Squalicum High School Rated A-
  • No HOA

About This Lot

As of September 2023

Development opportunity in one of Bellingham's most sought after areas! This flat, 2.35 acre parcel is centrally located on West Bakerview and Northwest Rd, with easy access to I-5 and Guide Meridian. The Neighborhood Commercial zoning allows for many uses, including mixed-use commercial with high-density residential. Hotels, offices, medical buildings, and other commercial/ residential developments are options. This is one of Bellingham's fastest growing areas with Costco, Fred Meyer, Marriott and La Quinta hotels, and new multi-family developments within blocks of the property.

Last Listed By

Gabrielle Balolia

RE/MAX Whatcom County, Inc. License #138620 Listed on: 12/14/2022

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2022176

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,871

Year Built

  • 1937

Lot Details

  • 2.35 Acre Lot
  • Level Lot

Additional Features

  • Territorial Views
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Bakerview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3802120410300000

Property Details

Property Type

Land

Est. Annual Taxes

$8,871

Year Built

1937

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Lightly Treed
  • Special Features: None
  • Year Built (Public Record): 1937
  • Cumulative Days on Market: 1,051

Interior Features

  • Possible Use: Commercial, Industrial, Multi-Family
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3802120410300000
  • Topography: Level
  • Lot Size Acres: 2.35
  • Lot Size Sq Ft: 102366
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Industrial-Light,Multi-Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 8871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Sep 18, 2023
Sold by
Sunny Oak Llc
Bought by
Bakerview Northwest Llc
Seller's Agent
Gabrielle Balolia
RE/MAX Whatcom County, Inc.
Buyer's Agent
Nav Narwal
Coldwell Banker Bain
List Price
$1,600,000
Sold Price
$1,300,000
Premium/Discount to List
-$300,000
-18.75%
Total Days on Market
128
Views
74
Current Estimated Value
$1,366,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,281
Avg. Annual Appreciation
3.88%

Purchase Details

Listed on
May 16, 2013
Closed on
Jan 4, 2017
Sold by
Abcs Of Gi Llc
Bought by
Sunny Oak Llc
Seller's Agent
Laury Evans
Saratoga Commercial R.E.
Buyer's Agent
Leighsa Balland
COMPASS
List Price
$1,495,000
Sold Price
$1,000,000
Premium/Discount to List
-$495,000
-33.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Purchase Details

Closed on
Oct 7, 2003
Sold by
Cole and Graham
Bought by
Abcs Of Gi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
6.27%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
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
Bakerview Northwest Llc $1,300,000 Chicago Title
Sunny Oak Llc $1,000,000 Whatcom Land Title Co Inc
Abcs Of Gi Llc $650,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakerview Northwest Llc $845,000
Previous Owner Abcs Of Gi Llc $445,526
Previous Owner Abcs Of Gi Llc $553,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $1,300,000 -18.8% --
04/21/2023 04/21/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $1,600,000 0.0% --
01/07/2023 01/07/23 Pending -- -- --
12/14/2022 12/14/22 For Sale $1,600,000 +60.0% --
01/09/2017 01/09/17 Sold $1,000,000 -33.1% --
10/06/2016 10/06/16 Pending -- -- --
05/16/2013 05/16/13 For Sale $1,495,000 -- --
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 $7,921 $1,203,256 $1,203,256 --
2023 $7,921 $1,018,140 $1,018,140 $0
2022 $8,872 $993,307 $993,307 $0
2021 $8,160 $955,103 $955,103 $0
2020 $8,442 $829,100 $829,100 $0
2019 $8,133 $829,100 $829,100 $0
2018 $8,493 $800,856 $800,856 $0
2017 $8,127 $715,050 $715,050 $0
2016 $7,806 $715,050 $715,050 $0
2015 $8,471 $715,050 $715,050 $0
2014 -- $750,803 $750,803 $0
2013 -- $750,803 $750,803 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2022176

Northwest Multiple Listing Service (NWMLS)

APN: 380212-041030-0000