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1020 23rd Street

1020 23rd Street, Bellingham, WA 98225
Property in Happy Valley
Sold Mar 15, 2018
$2,140,000
$1,605,000 by Whatcom Educational Cu
Mortgage
Sold Oct 17, 2007
$1,150,280
1020 23rd Street has been categorized by the local assessors in Bellingham, WA as a residential type of property. The building on the property was first built in 2000 and is 24 years old. However, we must point out that the home was most recently renovated and altered in 2001. In addition, 1020 23rd Street has 8,814 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,890 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 2,938 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. The property was last sold in Mar 13, 2018 for $2,140,000. That's $182.10 per sqft. Prior to that sales transaction, the property was also sold in Oct 12, 2007 for $1,150,280. 1020 23rd Street was last assessed in 2023. The total value of the property was assessed at $3,174,673. Specifically, the land the property is located on was valued at $842,608. While improvements on the property were assessed at a total of $2,332,065. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $26,902. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Living Units: 10
  • Basement Type: Unspecified basement
  • Basement Area: 2,938
  • Garage Type: Attached
  • Garage Square Area: 2,938
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 11,752
  • Gross Building Area: 11,752
  • Building Area: 8,814
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 8,814
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GISES ADD TO SEHOME
  • Land Acres: 0.25
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: GISES ADD TO SEHOME LOTS 7-8 BLK 2-TOG WI VAC W 10 FT 23RD ST ABTG-SUBJ TO COVENANT TO BIND PROPERTIES AF 1990600995

Ownership

  • Current Owner : CHEN DANIEL
  • Current Owner 2: CHEN BETTY
  • Previous Owner : HORN LAWRENCE R
  • Previous Owner 2: HORN MARY P
  • Owner Before Previous Owner: PADILLA CHARMEE B
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bellingham School District
  • Census Tract: 001203

Zoning

  • Zoning: RM1.0

Geography

  • Account Number: 17650
  • District: BELLINGHAM
  • Parcel: 370201-528193-0000
  • Block: 2
  • Lot: 7-8
  • Meridian: SEC 01 TWN 37 RNG 02
  • Municipality: BELLINGHAM 501 AH CCFP
  • Latitude: 48.7227
  • Longitude: -122.488

    Address

  • Full Address: 1020 23rd St
  • Address - House Number: 1020
  • Address - Street Name: 23rd
  • Address - Suffix Type: St
  • State: WA
  • City Name: Bellingham
  • Carrier Code: C024
  • 4-Digit Zip Code: 6856
  • Zip Code: 98225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,902
  • Tax Rate Code Area: 0111

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 3,783,456
  • High Value: 5,456,915
  • Low Value: 2,109,996

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,605,000
  • First Open Lien Mortgage Lender: WHATCOM EDUCATIONAL CU
  • First Open Lien Mortgage Recording Date: Mar 15, 2018
  • First Open Lien Mortgage Loan Amount: $1,605,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $3,174,673
  • Market Land Value: $842,608
  • Market Improvement Value: $2,332,065

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,174,673
  • Assessed Land Value: $842,608
  • Assessed Improvements Value: $2,332,065

    Sales

  • Current Sale Contract Date: Mar 13, 2018
  • Current Sale Recording Date: Mar 15, 2018
  • Current Sale Transaction ID: 11433891598
  • Current Sale Price: $2,140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-0301530
  • Previous Sale Recording Date: Oct 17, 2007
  • Previous Sale Contract Date: Oct 12, 2007
  • Previous Sale Amount: $1,150,280
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WHATCOM EDUCATIONAL CU
  • First Mortgage Transaction Date: Mar 15, 2018
  • First Mortgage Loan Amount: $1,605,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 1020 23rd Street located in?
The 1020 23rd Street is a located in the neighborhood of Happy Valley in Happy Valley, Bellingham.
What is the average sales price for listings in 1020 23rd Street?
The average sales price for units in 1020 23rd Street is $0 currently.

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