NOT LISTED FOR SALE

Estimated Value: $752,000 - $935,858

5 Beds
3 Baths
2,735 Sq Ft
$308/Sq Ft Est. Value

Last Sold May 11, 2012

Last sale price $315,000 $115 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $5,225/month

25 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Wood Siding
  • Fairhaven Middle School Rated A-
  • Wood Flooring

About This Home

As of May 2012

Five-bedroom, 2.5 bath house w/ single-car garage + attached mother-in-law unit with single car garage and washer/dryer in addition to other appliances. Ceiling fan in living room. Built-in dressers in each upstairs bedroom.Two fridges upstairs, built-in ironing board and pantry in extra-large kitchen, separate dining room and breakfast nook. Tenants are cooperative when given appropriate notice. All rooms spacious; high ceilings in lower level; in quiet area near WWU.

Jon Hansen

Hansen Group Real Estate Inc License #7746 Listed on: 03/23/2012

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 334541

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,821

Year Built

  • Built in 1953

Lot Details

  • 8,712

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,735 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Schools

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

Additional Features

  • Lot Dimensions are 148.2 x 60.7
  • Cable TV Available

Community Details

  • Sehome Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 3803313551370000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,821

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1953
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2735
  • Special Features: None
  • Cumulative Days on Market: 279

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 1320

Fee Information

  • Annual Fuel Expense: 1239

Schools

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

Lot Info

  • Parcel Number: 3803313551370000
  • Lot Size: 148.2 x 60.7
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,RV Parking
  • ZoningClass: Residential
  • LotNumber: 4

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2130

Multi Family

  • Gross Scheduled Income: 25454
  • Net Operating Income: 18807
  • Number Of Units Total: 6
  • Electric Expense: 443
  • Insurance Expense: 825
  • Leasable Area: 2735
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2011
  • Tax Annual Amount: 2821

MLS Schools

  • Elementary School: Happy Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2012
Closed on
May 8, 2012
Sold by
Welch David J and Welch Linda
Bought by
Devries Ryan C and Engels Kindra
Buyer's Agent
Jon Hansen
Hansen Group Real Estate Inc
List Price
$332,000
Sold Price
$315,000
Premium/Discount to List
-$17,000
-5.12%
Total Days on Market
25
Current Estimated Value
$841,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,465
Avg. Annual Appreciation
8.66%
Original Mortgage
$252,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2003
Sold by
Ahn Sang Dae and Ahn Soon Ja
Bought by
Welch David J and Welxh Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
4.19%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 18, 2002
Sold by
Gilbert Properties Inc
Bought by
Ahn Sang Dae and Ahn Soon Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
5.87%

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
Devries Ryan C $315,280 Whatcom Land Title
Welch David J $267,000 Whatcom Land Title
Ahn Sang Dae $561,078 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devries Ryan C $420,000
Closed Devries Ryan C $252,000
Previous Owner Welch David J $222,500
Previous Owner Welch David J $213,600
Previous Owner Ahn Sang Dae $179,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2012 05/11/12 Sold $315,000 -5.1% $115 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $332,000 -- $121 / 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 $6,165 $772,549 $286,326 $486,223
2023 $6,165 $792,218 $293,616 $498,602
2022 $4,872 $671,385 $248,832 $422,553
2021 $4,780 $524,519 $194,400 $330,119
2020 $4,586 $485,666 $180,000 $305,666
2019 $4,319 $450,345 $162,800 $287,545
2018 $4,353 $425,319 $153,846 $271,473
2017 $3,790 $366,445 $132,220 $234,225
2016 $3,382 $333,508 $120,230 $213,278
2015 $3,390 $309,740 $113,410 $196,330
2014 -- $300,427 $110,000 $190,427
2013 -- $290,753 $106,200 $184,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 334541

Northwest Multiple Listing Service (NWMLS)

APN: 380331-355137-0000