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1616 Cornwall Avenue

1616 Cornwall Avenue, Bellingham, WA 98225
Property in Sunnyland
Local assessors in Bellingham, WA have categorized 1616 Cornwall Avenue as a office type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 101,059 square feet. If we look only at the heated or air conditioned part of the building, then 1616 Cornwall Avenue has a total of 67,964 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There are 210 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Lots of concrete were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1616 Cornwall Avenue sold most recently in Jun 17, 2022 for a total of $9,725,000. If you work out the math, that's approximately a cost of $143.09 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 1616 Cornwall Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,067,520. If we break it down further, the land itself was valued at $2,437,631. Improvements to the property, however, were assessed at a total of $6,629,889. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Exterior Walls Type: Concrete
  • Business/Commerical Units Count: 18
  • Basement Area: 0
  • Parking Space Count: 210

    Dimensions

  • Lot Size Square Feet: 101,059
  • Total Building Area: 67,964
  • Gross Building Area: 67,964
  • Building Area: 67,964
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 67,964
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Subdivision: CORNWALL AVE SUBDIV
  • Land Acres: 2.32
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: CORNWALL AVE SUBDIV-LOTS 1 THRU 5-10 THRU 15 BLK 2-EXC N 10 FT OF LOTS 1-15 TOG WI VAC W 1/2 DEAN AVE ABTG LOTS 1 THRU 5-PTN OF LOT 6 AS VAC ORD 6711 9/18/1950-TOG WI VAC W 1/2 ALLEY ABTG AS VAC ORD 10397 2/24/1993-TOG WIE 1/2 ALLEY ABTG LOTS 3-4-5 B

Ownership

  • Current Owner : UNITY CARE NORTHWEST
  • Previous Owner : GARNET LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bellingham School District
  • Census Tract: 000600

Zoning

  • Zoning: CC

Geography

  • Account Number: 75449
  • District: BELLINGHAM
  • Parcel: 380330-317254-0000
  • Block: 2
  • Lot: 1
  • Meridian: SEC 30 TWN 38 RNG 03
  • Municipality: BELLINGHAM 501
  • Latitude: 48.7535
  • Longitude: -122.474

    Address

  • Full Address: 1616 Cornwall Ave
  • Address - House Number: 1616
  • Address - Street Name: Cornwall
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Bellingham
  • Carrier Code: C050
  • 4-Digit Zip Code: 4648
  • Zip Code: 98225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 0100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,920,000
  • First Open Lien Mortgage Lender: WASHINGTON STATE OF WASHINGTON
  • First Open Lien Mortgage Recording Date: Jun 30, 2022
  • First Open Lien Mortgage Loan Amount: $7,920,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 30, 2052

    Market Valuation

  • Market Total Value: $9,067,520
  • Market Land Value: $2,437,631
  • Market Improvement Value: $6,629,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,067,520
  • Assessed Land Value: $2,437,631
  • Assessed Improvements Value: $6,629,889

    Sales

  • Current Sale Contract Date: Jun 17, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Transaction ID: 11891230594
  • Current Sale Price: $9,725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3410

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON STATE OF WASHINGTON
  • First Mortgage Transaction Date: Jun 30, 2022
  • First Mortgage Loan Amount: $7,920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Sunnyland



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Nearby Rentals

Unit for rent at 1015 Otis Street, Bellingham, WA, 98225

$1,075 /mo

  • 1 Bed
  • 1 Bath
  • 525 ft²
1015 Otis Street #1015 Otis Street #119, Bellingham, WA, 98225 Listing by Manager

Frequently Asked Questions

What neighborhood is 1616 Cornwall Avenue located in?
The 1616 Cornwall Avenue is a located in the neighborhood of Sunnyland in Sunnyland, Bellingham.
What is the average sales price for listings in 1616 Cornwall Avenue?
The average sales price for units in 1616 Cornwall Avenue is $0 currently.

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