Here is an incredible opportunity to own a well cared for 4-plex in the desirable Lettered Streets neighborhood! Situated perfectly with trail access out the front door, a great walk & bike score + 4 parking spots! Two 2 bedroom, 1 bath units and two Studios with shared deck access. Many thoughtful updates throughout such as a newer roof, interior and exterior paint, updated bathrooms, newer carpet, and new appliances, as well as new recessed lighting and wall heaters throughout. All units include dishwashers and in-unit laundry! WOW! Proximity to restaurants, a yoga studio, parks, and more! An overall great building with excellent rental history!
Sold
Listed by: COMPASS • Alana Mey
Bought with: RE/MAX Whatcom County, Inc.
$1,250,000
1512 I Street, Bellingham, WA 98225
--beds
--baths
2,400sqft
Quadruplex, Multi Family
Built in 1994
-- sqft lot
$1,167,300 Zestimate®
$521/sqft
$2,020 Estimated rent
Home value
$1,167,300
$1.07M - $1.24M
$2,020/mo
Zestimate® history
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$7,438/mo
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List your homeWhat's special
Proximity to restaurantsGreat walkUpdated bathroomsNew appliancesShared deck accessExterior paintNewer roof
Zillow last checked:
Listing updated:
Listed by:
Alana Mey,
COMPASS
Bought with:
Jay Dhindsa, 132294
RE/MAX Whatcom County, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2216478
Facts & features
Interior
Heating
- Wall Unit(s), Electric
Cooling
- None
Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Patio & porch: Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 4,791 Square Feet
- Dimensions: 50 x 100
- Features: Paved, Sidewalk, Cable TV, Deck, High Speed Internet
Details
- Parcel number: 380225529463
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Cement/Concrete
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1994
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: COB
- Water: Public, Company: COB
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Lettered Streets
Location
- Region: Bellingham
Financial & listing details
- Price per square foot: $521/sqft
- Tax assessed value: $808,661
- Annual tax amount: $6,452
- Date on market: 4/20/2024
- Cumulative days on market: 823 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2024 | Sold | $1,250,000-4.8%$521/sqft |
Source:  NWMLS as distributed by MLS GRID #2216478 Report a problem | ||
| 5/18/2024 | Pending sale | $1,313,000$547/sqft |
Source: NWMLS as distributed by MLS GRID #2216478 Report a problem | ||
| 3/29/2024 | Listed for sale | $1,313,000+17.2%$547/sqft |
Source: NWMLS as distributed by MLS GRID #2216478 Report a problem | ||
| 7/7/2022 | Sold | $1,120,000+12.1%$467/sqft |
Source: NWMLS as distributed by MLS GRID #1944269 Report a problem | ||
| 6/8/2022 | Pending sale | $999,000$416/sqft |
Source: NWMLS as distributed by MLS GRID #1944269 Report a problem | ||
| 6/2/2022 | Listed for sale | $999,000$416/sqft |
Source: NWMLS as distributed by MLS GRID #1944269 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,619 +2.6% | $808,661 -2.5% |
| 2023 | $6,452 +6.7% | $829,200 +16% |
| 2022 | $6,045 +14.7% | $714,840 +26% |
| 2021 | $5,270 +1.9% | $567,334 +8% |
| 2020 | $5,170 | $525,309 +11.5% |
| 2019 | $5,170 +7.8% | $471,131 +11.4% |
| 2018 | $4,797 +11.7% | $422,897 +16.1% |
| 2017 | $4,295 -0.7% | $364,102 +10.9% |
| 2016 | $4,325 +32.5% | $328,393 +9.8% |
| 2015 | $3,265 | $299,051 +5.4% |
| 2014 | $3,265 +2% | $283,730 +0.6% |
| 2013 | $3,201 | $282,021 +4.7% |
| 2012 | -- | $269,470 |
| 2009 | $2,331 -8.4% | $269,470 +4.2% |
| 2008 | $2,545 | $258,520 |
| 2007 | $2,545 +18.6% | $258,520 |
| 2005 | $2,145 | $258,520 +37.3% |
| 2004 | $2,145 -5.9% | $188,260 |
| 2003 | $2,279 +2.8% | $188,260 |
| 2002 | $2,216 -0.4% | $188,260 |
| 2001 | $2,224 | $188,260 +1% |
| 2000 | -- | $186,315 |
| 1999 | -- | $186,315 |
Find assessor info on the county website
Neighborhood: Lettered Streets
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Nearby schools
GreatSchools rating
- 6/10Parkview Elementary SchoolGrades: PK-5Distance: 1 mi
- 8/10Whatcom Middle SchoolGrades: 6-8Distance: 0.3 mi
- 8/10Bellingham High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Parkview Elem
- Middle: Whatcom Mid
- High: Bellingham High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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