Listed by Windermere RE Whatcom, Inc., Bought with Hammer Properties NW Inc.
NOT LISTED FOR SALE

Estimated Value: $2,367,657

Studio
-- Bath
6,769 Sq Ft
$350/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2020

Last sale price $1,571,200 $232 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $13,997 / mo

Highlights

  • Bay View
  • 0.47 Acre Lot
  • Corner Lot
  • Fairhaven Middle School Rated A-
  • Wood Flooring
  • High Speed Internet

About This Home

As of January 2020

One of Bellingham's most recognizable and historic buildings, this classic Tudor beauty combines stunning aesthetic appeal and terrific location. Situated downtown on a corner lot, this multi-use property boasts incredible views of the bay, city, mountains, and islands. With a 20,000+ sqft lot, the RM1.0 zoning provides exciting investor potential beyond the existing 11 rented rooms. Detached carriage house offers additional living and storage space.

Last Agent to Sell the Property

Jacson Bevens

Windermere RE Whatcom, Inc. License #127233 Listed on: 01/31/2020

Windermere RE Whatcom, Inc.

Last Buyer's Agent

Mike Hayes

Hammer Properties NW Inc. License #18803

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1560488

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 20,473 Sq Ft Lot
  • Lot Dimensions are 165' x 125'
  • Partially Fenced Property
  • Corner Lot
  • Property is in average condition

Parking

  • Open Parking

Property Views

  • Bay
  • City
  • Territorial

Home Design

  • Block Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,769 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • New Whatcom Condos
  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 9-11 / 78
  • Assessor Parcel Number 3803302390070000

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0.47 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1890
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: New Whatcom
  • New Construction: No
  • CalculatedSquareFootage: 6769
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • View: Bay, City, Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Block
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803302390070000
  • Lot Size Acres: 0.47
  • Lot Size: 165' x 125'
  • Lot Size Sq Ft: 20473
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 9-11

Green Features

  • Power Production Type: Electric, Natural Gas

Multi Family

  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jan 24, 2020
Sold by
Hovorka Daniel John
Bought by
1201 Garden Llc
Seller's Agent
Jacson Bevens
Windermere RE Whatcom, Inc.
Buyer's Agent
Mike Hayes
Hammer Properties NW Inc.
List Price
$1,571,200
Sold Price
$1,571,200
Current Estimated Value
$2,367,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$796,457
Avg. Annual Appreciation
6.86%
Original Mortgage
$1,143,750
Outstanding Balance
$1,006,045
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$1,361,612

Purchase Details

Closed on
Feb 5, 2003
Sold by
Hovorka Kathleen F
Bought by
Hovorka Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.76%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Carrethers Theola and Williams Theola
Bought by
Balsley Cecilia J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1201 Garden Llc $1,525,000 Whatcom Land Title Co Inc
1201 Garden Llc $1,525,000 Whatcom Land Title Co Inc
Hovorka Daniel J -- Whatcom Land Title
Hovorka Daniel J -- Whatcom Land Title
Balsley Cecilia J $38,483 --
Balsley Cecilia J $38,483 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1201 Garden Llc $1,143,750
Previous Owner Hovorka Daniel J $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $1,571,200 0.0% $232 / Sq Ft
01/31/2020 01/31/20 For Sale $1,571,200 -- $232 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2025 $14,949 $5,028,427 $745,232 $4,283,195
2024 $15,012 $1,827,266 $723,518 $1,103,748
2023 $15,012 $1,930,182 $741,895 $1,188,287
2022 $11,832 $1,663,979 $639,576 $1,024,403
2021 $11,608 $1,273,811 $507,600 $766,211
2020 $8,183 $1,179,455 $470,000 $709,455
2019 $7,580 $803,620 $336,147 $467,473
2018 $8,742 $746,423 $312,222 $434,201
2017 $8,365 $735,983 $307,855 $428,128
2016 $8,035 $735,983 $307,855 $428,128
2015 $8,067 $735,983 $307,855 $428,128
2014 -- $714,964 $299,063 $415,901
2013 -- $739,301 $323,400 $415,901
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1560488

Northwest Multiple Listing Service (NWMLS)

APN: 380330-239007-0000

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