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511 Main Place

511 Main Place, Lynden, WA 98264
Property in Whatcom
Sold Dec 31, 2019
$688,000
$508,000 by Better Mortgage Corporation
Mortgage Due Oct 01, 2041
Sold Apr 08, 2004
$292,000
$115,885 by Peoples Bank
Mortgage
511 Main Place in Lynden, WA was first built in 1986 and is 38 years old. Although, the building on the property was most recently renovated and altered in 1991. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 2 floors. There are 2 partial bathrooms. 511 Main Place has 4,462 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 12,197 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 511 Main Place was last sold in Dec 30, 2019 for $688,000. According to our calculations, that's $154.19 per sqft. Prior to that sales transaction, the property was sold for $292,000 in Apr 6, 2004. Current property owners are expected to pay $5,902 in taxes per year. The property on 511 Main Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $753,603. To break that down further, the land itself was valued at $237,500. While improvements to the property were assessed at a total of $516,103. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Style: Quadplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 4,462
  • Gross Building Area: 4,624
  • Building Area: 4,462
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAIN PLACE
  • Land Acres: 0.28
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: MAIN PLACE LOT 1

Ownership

  • Current Owner : ROSS DOUGLAS L
  • Current Owner 2: ROSS REBECCA B
  • Previous Owner : BLACK DAVID H
  • Previous Owner 2: BLACK DEBRA C
  • Owner Before Previous Owner: HOLMSTROM DENNIS W
  • Owner Before Previous Owner 2: HOLMSTROM SYLVIA A

Neighborhood

  • School District Name: Lynden School District
  • Census Tract: 010302

Zoning

  • Zoning: RM2

Geography

  • Account Number: 133396
  • District: LYNDEN 504
  • Parcel: 400320-013405-0000
  • Lot: 1
  • Meridian: SEC 20 TWN 40 RNG 03
  • Municipality: LYNDEN 504 C10 L LPR
  • Latitude: 48.946
  • Longitude: -122.463

    Address

  • Full Address: 511 Main Pl
  • Address - House Number: 511
  • Address - Street Name: Main
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Lynden
  • Carrier Code: C003
  • 4-Digit Zip Code: 1295
  • Zip Code: 98264

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,902
  • Tax Rate Code Area: 0400

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 948,758
  • High Value: 1,123,411
  • Low Value: 774,106

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $508,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $508,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2041

    Market Valuation

  • Market Total Value: $753,603
  • Market Land Value: $237,500
  • Market Improvement Value: $516,103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $753,603
  • Assessed Land Value: $237,500
  • Assessed Improvements Value: $516,103

    Sales

  • Current Sale Contract Date: Dec 30, 2019
  • Current Sale Recording Date: Dec 31, 2019
  • Current Sale Transaction ID: 11712557071
  • Current Sale Price: $688,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-1203884
  • Previous Sale Recording Date: Apr 08, 2004
  • Previous Sale Contract Date: Apr 06, 2004
  • Previous Sale Amount: $292,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES BANK
  • First Mortgage Transaction Date: Dec 31, 2019
  • First Mortgage Loan Amount: $516,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK
  • Previous Mortgage Transaction Date: Apr 08, 2004
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $115,885
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Lynden



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Frequently Asked Questions

What neighborhood is 511 Main Place located in?
The 511 Main Place is a located in the neighborhood of Whatcom in Lynden, Lynden.
What is the average sales price for listings in 511 Main Place?
The average sales price for units in 511 Main Place is $0 currently.

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