Listed by Muljat Group, Bought with Muljat Group
NOT LISTED FOR SALE
12 Beds
6 Baths
17,328 Sq Ft
0.46 Acres

Last Sold October 30, 2014

Last sale price $2,275,000 $131 Per Sq Ft

8 Days on Market

Highlights

  • City View
  • 0.46 Acre Lot
  • Wall to Wall Carpet
  • Fairhaven Middle School Rated A-
  • Deck

About This Home

As of October 2014

20 unit apartment complex adjacent to Western Washington University. Boasts low vacancy, views, spacious units and secure building. As an added bonus, vacant Parcel #3702014223270000 is included with sale! Other amenities include artificial log fireplace in every unit, fire sprinkler system, private decks and building has been professionally managed since it was bought.

Last Agent to Sell the Property

Kena Greer Brashear

Muljat Group License #26557 Listed on: 07/28/2014

Muljat Group

Last Buyer's Agent

Troy Muljat

Muljat Group License #2199

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 674776

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,134

Year Built

  • Built in 1991

Lot Details

  • 0.46 Acre Lot
  • Sprinkler System
  • Property is in good condition

Property Views

  • City
  • Territorial

Home Design

  • Poured Concrete
  • Metal Roof
  • Stucco

Interior Spaces

  • 17,328 Sq Ft Home
  • 4-Story Property
  • Wall to Wall Carpet

Parking

  • 31 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Happy Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3702014233180000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,134

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1991
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 17328
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers

Exterior Features

  • Roof: Metal
  • View: City, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 31
  • Open Parking: Yes
  • Total Parking Spaces: 31
  • ParkingUncoveredSpaces: 31

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 10199

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3702014233180000
  • Lot Size Acres: 0.46
  • Lot Size Sq Ft: 20038
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Sprinkler System
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 19700

Multi Family

  • Gross Scheduled Income: 236400
  • Net Operating Income: 160752
  • Number Of Units Total: 20
  • Electric Expense: 1480
  • Insurance Expense: 11735
  • Leasable Area: 15240
  • UnitsInBuildingTotal: 20
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 17134

Range of Values:

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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 List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $2,275,000 -12.3% $131 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $2,595,000 -- $150 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 674776

Northwest Multiple Listing Service (NWMLS)