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2518 Franklin Street

2518 Franklin Street, Bellingham, WA 98225
Property in Sunnyland
Sold Jul 12, 2001
$139,000
$137,063 by Wells Fargo Home Mtg Inc
Mortgage Due Aug 01, 2031
2518 Franklin 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 1907 and is 117 years old. However, we must point out that the home was most recently renovated and altered in 2020. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 2518 Franklin Street has 1,590 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 4,356 square feet.

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 detached garage for those who require parking. The garage measured 325 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of finished/painted materials. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2518 Franklin Street sold most recently in Jul 9, 2001 for a total of $139,000. If you work out the math, that's approximately a cost of $87.42 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 $4,253 in taxes each year. 2518 Franklin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $583,092. If we break it down further, the land itself was valued at $252,560. Improvements to the property, however, were assessed at a total of $330,532. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Exterior Walls Type: Wood
  • Interior Walls Type: Finished/painted materials
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 325
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,590
  • Gross Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADD TO NEW WHATCOM
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential condominium development (association assessment)
  • Legal Description 1: FIRST ADD TO NEW WHATCOM LOT 6 BLK 320

Ownership

  • Current Owner : BOWEN JONI R
  • Previous Owner : STARK RICHARD D
  • Previous Owner 2: STARK ARDITH J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bellingham School District
  • Census Tract: 000501

Zoning

  • Zoning: RS5.0

Geography

  • Account Number: 63439
  • District: BELLINGHAM
  • Parcel: 380319-418108-0000
  • Block: 320
  • Lot: 6
  • Meridian: SEC 19 TWN 38 RNG 03
  • Municipality: BELLINGHAM 501
  • Latitude: 48.7636
  • Longitude: -122.47

    Address

  • Full Address: 2518 Franklin St
  • Address - House Number: 2518
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: WA
  • City Name: Bellingham
  • Carrier Code: C017
  • 4-Digit Zip Code: 3503
  • Zip Code: 98225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,253
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 632,604
  • High Value: 760,815
  • Low Value: 504,394

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $202,063
  • First Open Lien Mortgage Lender: WELLS FARGO HOME MTG INC
  • First Open Lien Mortgage Recording Date: Jul 12, 2001
  • First Open Lien Mortgage Loan Amount: $137,063
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2031
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 30, 2020
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2030

    Market Valuation

  • Market Total Value: $583,092
  • Market Land Value: $252,560
  • Market Improvement Value: $330,532

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $583,092
  • Assessed Land Value: $252,560
  • Assessed Improvements Value: $330,532

    Sales

  • Current Sale Contract Date: Jul 09, 2001
  • Current Sale Recording Date: Jul 12, 2001
  • Current Sale Transaction ID: 1168227361
  • Current Sale Price: $139,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010701746

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MTG INC
  • First Mortgage Transaction Date: Jul 12, 2001
  • First Mortgage Loan Amount: $137,063
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2031

About Sunnyland



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Frequently Asked Questions

What neighborhood is 2518 Franklin Street located in?
The 2518 Franklin Street is a located in the neighborhood of Sunnyland in Sunnyland, Bellingham.
What is the average sales price for listings in 2518 Franklin Street?
The average sales price for units in 2518 Franklin Street is $0 currently.

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