Listed by Muljat Group, Bought with Muljat Group
NOT LISTED FOR SALE

Estimated Value: $812,837

2 Beds
1 Bath
849 Sq Ft
$957/Sq Ft Est. Value

Last Sold February 21, 2025

Last sale price $810,000 $954 Per Sq Ft

Current estimated payment $4,420/month

6 Days on Market

Highlights

  • 0.49 Acre Lot
  • Fruit Trees
  • Territorial View
  • Fairhaven Middle School Rated A-
  • Property is near public transit
  • Softwood Flooring

About This Home

As of February 2025

This 21,557 sq. ft. multi-family property includes a currently rented farmhouse with a detached garage and an unfinished basement, providing immediate rental income while planning future development. A recent appraisal indicates the site could potentially accommodate 15-20 units. Prime location just one block from the Western Washington University campus, with easy access to shopping centers, trails, parks, and schools. Close to Fairhaven’s shops and restaurants and adjacent to Sehome Arboretum, a 180-acre park featuring hiking and biking trails, the Sehome Hill Observation Tower, and panoramic views. This is a rare opportunity to invest or develop in a highly desirable area.

Last Agent to Sell the Property

Kena Greer Brashear

Muljat Group License #26557 Listed on: 02/06/2025

Muljat Group

Last Buyer's Agent

John Fairbanks

Muljat Group License #23037942

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2327890

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 0.49 Acre Lot
  • Street terminates at a dead end
  • Level Lot
  • Fruit Trees
  • Value in Land

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 849 Sq Ft Home
  • 1.5-Story Property
  • Softwood Flooring
  • Territorial Views
  • Storm Windows
  • Stove
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Schools

  • Happy Vly Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Additional Features

  • Outbuilding
  • Property is near public transit
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Happy Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 370201555311

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1895
  • Inclusions: Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1780
  • SeniorExemption: false
  • SOCComments: Thanks for showing
  • DetachedDwellingSqFtFinished: 0
  • Special Features: None
  • Cumulative Days on Market: 168

Interior Features

  • Basement: Unfinished
  • Appliances: Refrigerator(s), Stove(s)/Range(s)
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Softwood
  • Interior Amenities: Double Pane/Storm Window, Fir/Softwood
  • Living Area: 849
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 0.75
  • BathsFullMain: 0
  • SquareFootageFinished: 849
  • SquareFootageUnfinished: 931
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 0
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 370201555311
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.4949
  • Lot Size Sq Ft: 21557
  • Zoning: RM1.0
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings
  • MLSLotSizeSource: CityIQ
  • MLSSquareFootageSource: Appraisal
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2024

Multi Family

  • Total Actual Rent: 1625
  • EnergySource: Electric

MLS Schools

  • Elementary School: Happy Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Feb 19, 2025
Sold by
Western Washington University
Bought by
Madrona Bay Real Estate Investments Llc
Seller's Agent
Kena Greer Brashear
Muljat Group
Buyer's Agent
John Fairbanks
Muljat Group
List Price
$810,000
Sold Price
$810,000
Views
18
Current Estimated Value
$812,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,837
Avg. Annual Appreciation
-1.13%
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
Madrona Bay Real Estate Investments Llc $810,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $810,000 0.0% $954 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $810,000 -- $954 / 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 -- $329,380 $249,563 $79,817
2023 $0 $1,083,843 $1,004,026 $79,817
2022 $0 $1,311,450 $1,214,871 $96,579
2021 $0 $1,083,843 $1,004,026 $79,817
2020 $0 $1,083,843 $1,004,026 $79,817
2019 $0 $1,083,843 $1,004,026 $79,817
2018 $0 $1,131,532 $1,048,203 $83,329
2017 $0 $1,115,708 $1,033,544 $82,164
2016 -- $1,115,708 $1,033,544 $82,164
2015 -- $1,115,708 $1,033,544 $82,164
2014 -- $1,083,843 $1,004,026 $79,817
2013 -- $1,083,843 $1,004,026 $79,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2327890

Northwest Multiple Listing Service (NWMLS)

APN: 370201-555311-0000