Listed by eXp Realty, Bought with RE/MAX Whatcom County, Inc.
NOT LISTED FOR SALE

Estimated Value: $394,000 - $613,000

0.21 Acre
$2,390,558 Price per Acre
9,289 Sq Ft Lot

Last Sold October 26, 2022

Last sale price $350,000

Est. 46% increase in value since last sale

Current estimated payment $2,889/month

Highlights

  • No HOA
  • Park
  • Level Lot
  • Kulshan Middle School Rated A-
  • Trails

About This Lot

As of October 2022

Welcome to the most unique opportunity available in Bellingham right now! This is the last buildable lot along Iowa Drive in the excellent and established Alabama Hill neighborhood. This fantastic lot backs up against Whatcom Falls Park, one of Bellingham's gems. Miles of trails, picnic areas, playgrounds, sports fields, ponds and last but not least, the beautiful falls! This large lot has the utilities in the street and plenty of room to build the home of your dreams! This is your chance to build one of the most sought-after commodities...a home in Bellingham! The last few years have seen home prices in Bellingham skyrocket. Opportunities like this are very rare so don't miss your chance!

Last Agent to Sell the Property

Sara Fassett

eXp Realty License #122839 Listed on: 04/27/2022

eXp Realty

Co-Listed By

Jono Anderson

blu.ink Real Estate License #138039

Last Buyer's Agent

Rachael Wilson

RE/MAX Whatcom County, Inc. License #25268

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1921366

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,300

Lot Details

  • 9,289 Sq Ft Lot
  • Lot Dimensions are 77.4 x 120
  • Street terminates at a dead end
  • Level Lot

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 380328-220344

Community Details

Overview

  • No Home Owners Association
  • Whatcom Falls Heights Condos
  • Alabama Hill Subdivision

Recreation

  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,300

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Whatcom Falls Heights
  • CalculatedSquareFootage: 0
  • PropertyFeatures: Corners Flagged
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Dead End Street, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • WaterJurisdiction: City of Bellingham

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Community Features: Park, Trail(s)
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 380328-220344
  • Topography: Level,Rolling
  • Lot Size Acres: 0.2132
  • Lot Size: 77.4 x 120
  • Lot Size Sq Ft: 9289
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Survey
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Oct 13, 2022
Sold by
Gibb Gary D and Gibb Mary C
Bought by
Mcdaniel Brett J and Muhich Anne T
Seller's Agent
Sara Fassett
eXp Realty
Buyer's Agent
Rachael Wilson
RE/MAX Whatcom County, Inc.
List Price
$475,000
Sold Price
$350,000
Premium/Discount to List
-$125,000
-26.32%
Current Estimated Value
$509,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,667
Avg. Annual Appreciation
13.64%
Original Mortgage
$227,500
Outstanding Balance
$6,955
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$502,712

Purchase Details

Closed on
Apr 18, 2002
Sold by
Bring James C
Bought by
Gibb Gary and Gibb Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6%

Purchase Details

Closed on
Jul 16, 2001
Sold by
Bring Tammy L
Bought by
Bring James C
Source: Public Records

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
Mcdaniel Brett J -- Chicago Title
Gibb Gary $299,000 Chicago Title Insurance
Bring James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdaniel Brett J $227,500
Previous Owner Gibb Gary $239,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $350,000 -12.3% --
08/17/2022 08/17/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $399,000 -16.0% --
04/27/2022 04/27/22 For Sale $475,000 -- --
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 $2,127 $272,895 $272,895 --
2023 $2,127 $272,895 $272,895 $0
2022 $1,300 $158,200 $158,200 $0
2021 $932 $140,000 $140,000 $0
2020 $907 $94,694 $94,694 $0
2019 $852 $89,122 $89,122 $0
2018 $855 $83,880 $83,880 $0
2017 $818 $72,000 $72,000 $0
2016 $786 $72,000 $72,000 $0
2015 $919 $72,000 $72,000 $0
2014 -- $81,450 $81,450 $0
2013 -- $78,750 $78,750 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1921366

Northwest Multiple Listing Service (NWMLS)

APN: 380328-220344-0000