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2902 Lakeway Drive

2902 Lakeway Drive, Bellingham, WA 98229
Property in Whatcom Falls
Sold Oct 17, 2003
$222,500
$176,000 by Chevy Chase Bank Fsb
Mortgage Due Nov 01, 2033
Local assessors in Bellingham, WA have categorized 2902 Lakeway Drive as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 14,388 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2902 Lakeway Drive has a total of 2,879 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 672 sqft. There are 2 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 good. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of finished/painted materials. As for flooring, was the material of choice during construction. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2902 Lakeway Drive sold most recently in Aug 29, 2003 for a total of $222,500. If you work out the math, that's approximately a cost of $77.28 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 $5,425 in taxes each year. 2902 Lakeway Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $756,823. If we break it down further, the land itself was valued at $277,304. Improvements to the property, however, were assessed at a total of $479,519. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Interior Walls Type: Finished/painted materials
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,388
  • Total Building Area: 2,879
  • Gross Building Area: 2,879
  • Building Area: 2,879
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,879
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MICHAEL SHORT PLAT
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Dormitory, group quarters (residential)
  • Legal Description 1: LOT A AM MICHAEL SHORT PLAT AS REC BOOK 18 SHORT PLATS PG 71

Ownership

  • Current Owner : SCHWARTZ THOMAS
  • Current Owner 2: SCHWARTZ STARLA
  • Previous Owner : ALEXANDER GINI KATHRYN

Neighborhood

  • School District Name: Bellingham School District
  • Census Tract: 000904

Zoning

  • Zoning: RS10.0

Geography

  • Account Number: 71930
  • District: BELLINGHAM
  • Parcel: 380328-177038-0000
  • Lot: A
  • Meridian: SEC 28 TWN 38 RNG 03
  • Municipality: BELLINGHAM 501
  • Latitude: 48.7472
  • Longitude: -122.435

    Address

  • Full Address: 2902 Lakeway Dr
  • Address - House Number: 2902
  • Address - Street Name: Lakeway
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Bellingham
  • Carrier Code: C069
  • 4-Digit Zip Code: 2320
  • Zip Code: 98229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,425
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 787,459
  • High Value: 942,500
  • Low Value: 632,418

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,000
  • First Open Lien Mortgage Lender: CHEVY CHASE BANK FSB
  • First Open Lien Mortgage Recording Date: Oct 17, 2003
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $176,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2033

    Market Valuation

  • Market Total Value: $756,823
  • Market Land Value: $277,304
  • Market Improvement Value: $479,519

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,823
  • Assessed Land Value: $277,304
  • Assessed Improvements Value: $479,519

    Sales

  • Current Sale Contract Date: Aug 29, 2003
  • Current Sale Recording Date: Oct 17, 2003
  • Current Sale Transaction ID: 1052767464
  • Current Sale Price: $222,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2031004697

    Last Sale Mortgage

  • First Mortgage Lender: CHEVY CHASE BANK FSB
  • First Mortgage Transaction Date: Oct 17, 2003
  • First Mortgage Loan Amount: $176,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Whatcom Falls



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2902 Lakeway Drive located in?
The 2902 Lakeway Drive is a located in the neighborhood of Whatcom Falls in Whatcom Falls, Bellingham.
What is the average sales price for listings in 2902 Lakeway Drive?
The average sales price for units in 2902 Lakeway Drive is $0 currently.

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