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  • Listed by: Windermere RE Whatcom, Inc.
    Bought with: Better Properties NorthSeattle
    $625,000

    1115 N Forest Street, Bellingham, WA 98225

    --beds
    --baths
    1,994sqft
    Multi Family
    Built in 1904
    -- sqft lot
    $788,600 Zestimate®
    $313/sqft
    $2,361 Estimated rent

    Home value

    $788,600

    $694,000 - $891,000

    $2,361/mo

    Zestimate® history
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    What's special

    Tall ceilingsPartial bay viewProximity to downtown
    This is a rare find of a 4 plex that is almost 120 years old with good "bones" and character. One unit (#5) has a partial bay view and the others all have tall ceilings and long term tenants. These are all one bed/one bath units and there is off alley parking which is dedicated to the tenants. There is even a small lawn between the building and the parking area. There is asbestos siding which appears to be in good condition. The Seller has had this property for 35 years and it has always had tenants due to its awesome location and proximity to Downtown and WWU, he has not lived in the area for a number of years, however, if the building and units were improved the rental rates could be much higher. All four leases are 1 year.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynda L. Hinton,

    Windermere RE Whatcom, Inc.

    Bought with:

    Lisa Ann Gergen, 27955

    Better Properties NorthSeattle

    Source: NWMLS as distributed by MLS GRID,MLS#: 2039856MLS Logo

    Facts & features

    Interior

    Heating
    • Radiator, Natural Gas
    Cooling
    • None
    Features
    • Flooring: Softwood, Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 1,994
    • Total interior livable area: 1,994 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Open
    • Uncovered spaces: 3
    Features
    • Patio & porch: Fir/Softwood, Wall to Wall Carpet
    • Has view: Yes
    • View description: Bay, Partial, See Remarks
    • Has water view: Yes
    • Water view: Bay
    Lot
    • Size: 4,356 sqft
    • Dimensions: 27' x 125'
    • Features: Paved, Sidewalk, High Speed Internet
    Details
    • Parcel number: 3803301840030000
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • See Remarks
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Average
    • Year built: 1904

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City of Bellingham
    • Water: Public, Company: City Of Bellingham
    • Utilities for property: Xfinity, Xfinity

    Community & neighborhood

    Location
    • Region: Bellingham
    • Subdivision: Downtown

    Other

    Other facts
    • Listing terms: Conventional
    • Cumulative days on market: 1084 days

    Price history

    DateEventPrice
    4/30/2024Sold$625,000-3.8%$313/sqft
    Source: NWMLS as distributed by MLS GRID #2039856 Report a problem
    3/23/2024Pending sale$650,000$326/sqft
    Source: NWMLS as distributed by MLS GRID #2039856 Report a problem
    12/22/2023Price change$650,000-17.5%$326/sqft
    Source: NWMLS as distributed by MLS GRID #2039856 Report a problem
    7/29/2023Price change$787,500-10%$395/sqft
    Source: NWMLS as distributed by MLS GRID #2039856 Report a problem
    2/28/2023Listed for sale$875,000$439/sqft
    Source: NWMLS as distributed by MLS GRID #2039856 Report a problem
    8/2/2013Listing removed$600
    Source: Zillow Rental Network Report a problem
    7/5/2013Listed for rent$600
    Source: Zillow Rental Network Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,590 +2.6%$805,155 -2.5%
    2023$6,424 +6.7%$825,606 +16%
    2022$6,019 +14.7%$711,742 +26%
    2021$5,247 +1.9%$564,875 +8%
    2020$5,148 $523,032 +46.2%
    2019$5,148 +41.3%$357,667 +11.4%
    2018$3,642 +11.7%$321,059 +16.1%
    2017$3,261 -0.7%$276,421 +10.9%
    2016$3,283 +32.5%$249,143 +9.8%
    2015$2,478 $226,971 +5.4%
    2014$2,478 +2%$215,343 +0.6%
    2013$2,430 $214,153 +4.7%
    2012-- $204,530
    2011-- $204,530
    2010-- $204,530
    2009$1,666 -8.4%$204,530 +10.7%
    2008$1,819 $184,775
    2007$1,819 +48%$184,775
    2005$1,229 $184,775 +71.3%
    2004$1,229 -5.9%$107,845
    2003$1,305 +2.8%$107,845
    2002$1,269 -0.4%$107,845
    2001$1,274 $107,845 +9%
    2000-- $98,905
    1999-- $98,905

    Find assessor info on the county website

    Neighborhood: Sehome

    Nearby schools

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