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2948 Racine Street

2948 Racine Street, Bellingham, WA 98226
Property in Mount Baker
Sold May 31, 2022
$520,000
Sold Aug 13, 2021
$430,000
Seller
$130,000 by Flagstar Bank Fsb
Mortgage Due Sep 01, 2051
2948 Racine Street in Bellingham, WA was first built in 2001 and is 23 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2948 Racine Street has 1,330 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 71,324 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The property was last sold in May 23, 2022 for $520,000. That's $390.98 per sqft. Prior to that sales transaction, the property was also sold in Jul 28, 2021 for $430,000. 2948 Racine Street was last assessed in 2023. The total value of the property was assessed at $493,312. Specifically, the land the property is located on was valued at $93,248. While improvements on the property were assessed at a total of $400,064. 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 $3,450. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 71,324
  • Total Building Area: 1,330
  • Gross Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RACINE PARK CONDOMINIUM
  • Land Acres: 1.637
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: RACINE PARK CONDOMINIUM UNIT 2948-TOG WI UNDIV INT IN COMMON AREAS DESC AF 2010500616

Ownership

  • Current Owner : BRAIN STEVEN
  • Current Owner 2: LEVERMORE MARY JANE
  • Previous Owner : BARNES NANCY R
  • Owner Before Previous Owner: KORN SUSAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bellingham School District
  • Census Tract: 000700

Zoning

  • Zoning: RM3.6

Geography

  • Account Number: 65305
  • District: BELLINGHAM
  • Parcel: 380320-321345-0004
  • Meridian: SEC 20 TWN 38 RNG 03
  • Municipality: BELLINGHAM 501
  • Latitude: 48.769
  • Longitude: -122.453

    Address

  • Full Address: 2948 Racine St
  • Legal Unit: 2948
  • Address - House Number: 2948
  • Address - Street Name: Racine
  • Address - Suffix Type: St
  • State: WA
  • City Name: Bellingham
  • Carrier Code: C092
  • 4-Digit Zip Code: 3676
  • Zip Code: 98226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,450
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 513,294
  • High Value: 606,816
  • Low Value: 419,772

    Market Valuation

  • Market Total Value: $493,312
  • Market Land Value: $93,248
  • Market Improvement Value: $400,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,312
  • Assessed Land Value: $93,248
  • Assessed Improvements Value: $400,064

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11888820153
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3222
  • Previous Sale Recording Date: Aug 13, 2021
  • Previous Sale Contract Date: Jul 28, 2021
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Aug 13, 2021
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2051

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Frequently Asked Questions

What neighborhood is 2948 Racine Street located in?
The 2948 Racine Street is a located in the neighborhood of Mount Baker in Mount Baker, Bellingham.
What is the average sales price for listings in 2948 Racine Street?
The average sales price for units in 2948 Racine Street is $0 currently.

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