Last Sold Price
12,048 sqft$199/sqft
4140 Deemer Rd, Bellingham, WA 98226

Description

Owner Financing Possible on this top quality 8-unit multi-family property! All units are spacious 2 bed, 2 bath units. (4140 & 4144 Deemer) These well-managed units have fantastic floorplans featuring huge kitchens with gas cooktops, laundry rooms, gas fireplaces, dining rooms, jetted tubs, double vanities and lots of storage. Each unit has 1 covered and 1 uncovered parking space. Both of these fourplexes must be sold together. Convenient location in Bellingham, just a short distance to Whatcom Community...Owner Financing Possible on this top quality 8-unit multi-family property! All units are spacious 2 bed, 2 bath units. (4140 & 4144 Deemer) These well-managed units have fantastic floorplans featuring huge kitchens with gas cooktops, laundry rooms, gas fireplaces, dining rooms, jetted tubs, double vanities and lots of storage. Each unit has 1 covered and 1 uncovered parking space. Both of these fourplexes must be sold together. Convenient location in Bellingham, just a short distance to Whatcom Community College and Bellis Fair Mall. Seller will consider private financing with 50% down payment so you can save on loan fees! Inquire about other terms.
LISTING CLOSED: 09/27/2022 12:00 AM

  1. Listed by Kurt Swanson • Windermere Real Estate Whatcom
    P: 359-360-734-7500 kurt@windermere.com
  2. Listed by Brad Howell • Windermere Real Estate Whatcom
    P: 335-360-734-7500 bradhowell@windermere.com

Property Details for 4140 Deemer Road

Status
MLS #
1964833
Days on Market
47
Cumulative Days on Market
47
Taxes
$20,126 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
2005
Lot Size
0.55 AC / 23,958 SF
Community Name
Bakerview
School District
Bellingham
Number of Assigned Spaces
16
Total Covered Parking
0
Entry Date
07-08-2022
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere Real Estate Whatcom

Sold By The Foundation Group LLC

Add your commute

Building Information for 4140 Deemer Road

Stories2Residences8Year Built2005Building Size-Lot Size0.55 AC / 23,958 SF

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$13,876 per month

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Principal and Interest

$12,199

Property Taxes

$1,677

HOA Dues

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Property Information for 4140 Deemer Road

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Deck, Gas Available, High Speed Internet, Patio
  • Area: 860 - Bellingham
  • Directions: From I-5 take Guide Meridian north, turn right on Bakerview, left on Deemer, property will be on the right
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 8.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 9478
  • Power Company: PSE
  • Sewer Company: COB
  • Water Company: COB
  • Power Production Type: Electric, Natural Gas
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 16
Lot Information
  • Lot Details: Cul-De-Sac, Curbs, Paved, Sidewalk
  • Lot Size Source: assessor
  • Parcel Number Free Text: 3803071801060000
  • Building Condition: Very Good
  • Calculated Square Footage: 12048
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 12048.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 38472
  • Gross Adjusted Income: 154800
  • Gross Rent Multiplier: 16.7
  • Gross Scheduled Income: $154,800
  • Insurance Expense: $4,332
  • Net Operating Income: $116,328
  • Other Expenses: $4,536
  • Total Monthly Income: 154800
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 12048.0
  • Leasable Area Units: Square Feet

Property History for 4140 Deemer Road

DateEvent & SourcePriceAppreciation
Sep 27, 2022

Sold

NWMLS #1964833

$2,400,000
Sep 15, 2022

Sold (Public Record)

Public Record #1497897196

$2,400,000

+4.1% / yr

Aug 24, 2022

Pending

NWMLS #1964833

DateEvent & SourcePrice
09/27/2022

Sold

NWMLS #1964833

$2,400,000
09/15/2022

Sold (Public Record)

Public Record #1497897196

$2,400,000

+4.1% / yr

08/24/2022

Pending

NWMLS #1964833

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4140 Deemer Road

Taxable ValueLand$546,234Additions$1,890,652Total$2,436,886
Tax Record2025$19,930 ($1,661 / month)
Home Facts
Baths3Total Finished SqFt3,028 SqFtAbove Ground SqFt3,028 SqFtLot Size23,958 SqFtStyleQuadraplexYear Built2005ZoningPRM2.5CountyWHATCOMAPN380307 180106 0000

Schools near 4140 Deemer Road

This home is within Bellingham Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Cordata Elementary School
PublicPK to 5

Shuksan Middle School
Public6 to 8

Squalicum High School
Public9 to 12

Visions (Seamar Youth Center)
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Real Estate Whatcom

Based on information submitted to the MLS GRID as of 09/05/2024 05:45 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.