Last Sold Price
712 sqft$761/sqft
834 Old Samish Rd, Bellingham, WA 98229

Description

Great opportunity to acquire investment property, either owner-occupied or wealth-building and cash flow property. An eight unit property with one stick-built house, six park-owned manufactured units, and one pad rental. Seven minutes from the heart of Fairhaven and 14 minutes from downtown Bellingham, this property affords a rural setting just minutes from the city. Stable tenants and low turnover; solid 7% cap rate now. Rents below market: a little focus and effort would yield 8% or more.Great opportunity to acquire investment property, either owner-occupied or wealth-building and cash flow property. An eight unit property with one stick-built house, six park-owned manufactured units, and one pad rental. Seven minutes from the heart of Fairhaven and 14 minutes from downtown Bellingham, this property affords a rural setting just minutes from the city. Stable tenants and low turnover; solid 7% cap rate now. Rents below market: a little focus and effort would yield 8% or more.
LISTING CLOSED: 03/27/2017 12:00 AM

  1. Listed by John W Ramsey • Keller Williams Western Realty
    P: (866) 738-7070 johnramsey@kw.com
  2. Listed by JM Ramsey • Keller Williams Western Realty
    P: (866) 738-7070 Western@benkinney.com

Property Details for 834 Old Samish Road

Status
MLS #
1016890
Days on Market
160
Cumulative Days on Market
89
Taxes
$6,386 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1970
Lot Size
1.32 AC / 57,499 SF
Community Name
Bellingham
School District
Bellingham
Number of Assigned Spaces
10
Total Covered Parking
0
Entry Date
08-18-2016
Sewer
Septic Tank

Recent comparable sales

Median sold price

$575,000

Avg days on market

41

Sale-to-list ratio

96.9%

Bellingham, WA

9 comparable properties found

a view of a lush green hillside and houses
1/12
1

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Sold 11/06/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.8
Acres
$714,000 | 2119 Donovan Avenue, Bellingham, WA 98225
1/38
2

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Sold 07/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,288
Square Feet
0.23
Acres
$550,000 | 2415 SONORA Lane, Bellingham, WA 98229
1/22
3

$550,000

Sold 04/23/25

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Unavailable
Bathrooms
Unavailable
Square Feet
1.04
Acres
a view of a forest with trees in the background
1/20
4

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Sold 04/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Acres
a view of a city
1/13
5

$405,000

Sold 04/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.7
Acres
$600,000 | 556 Heron Point Lane, Bellingham, WA 98229
1/14
6

$600,000

Sold 01/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.18
Acres
$720,000 | 4334 Samish Crest Drive, Bellingham, WA 98229
1/21
7

$720,000

Sold 06/18/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.69
Acres
an aerial view of a houses with a lake view
1/21
8

$700,000

Sold 03/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.46
Acres
$560,000 | 900 25th Street, Bellingham, WA 98225
1/10
9

$560,000

Sold 10/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres

Location

Listing Courtesy of Keller Williams Western Realty

Sold By John L. Scott, Inc.

Add your commute

Building Information for 834 Old Samish Road

Stories1Residences8Year Built1970Building Size-Lot Size1.32 AC / 57,499 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,287 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,755

Property Taxes

$532

HOA Dues

$0

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Property Information for 834 Old Samish Road

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 860 - Bellingham
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From I-5 Exit 250, drive west on Old Fairhaven Parkway. Turn left at first right onto 30th; becomes 32nd after 0.7 mi. Turn left on Old Samish Rd after about 0.2 mi. On the left after about 1.6 mi.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2016
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Carpet
  • Features: Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 200
  • Power Production Type: Electric
  • Utilities: Septic System, Electric
Property and Assessments
  • New Construction YN: No
  • First Right Of Refusal: false
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 7
Lot Information
  • Lot Size Source: Realist
  • Parcel Number Free Text: 3703174021320000
  • Calculated Square Footage: 712
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 712.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 10
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $221
  • Total Expenses: 20488
  • Gross Adjusted Income: 62640
  • Gross Rent Multiplier: 9
  • Gross Scheduled Income: $62,640
  • Insurance Expense: $1,669
  • Net Operating Income: $42,152
  • Other Expenses: $12,012
  • Total Monthly Income: 5220
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4200.0
  • Leasable Area Units: Square Feet

Property History for 834 Old Samish Road

DateEvent & SourcePriceAppreciation
Mar 27, 2017

Sold

NWMLS #1016890

$542,000
Jan 25, 2017

Pending

NWMLS #1016890

Aug 18, 2016

Listed (Active)

NWMLS #1016890

$550,000
DateEvent & SourcePrice
03/27/2017

Sold

NWMLS #1016890

$542,000
01/25/2017

Pending

NWMLS #1016890

08/18/2016

Listed (Active)

NWMLS #1016890

$550,000

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

Public Records for 834 Old Samish Road

Taxable ValueLand$299,600Additions$237,948Total$537,548
Tax Record2021$5,384 ($449 / month)
Home Facts
Baths1Total Finished SqFt688 SqFtAbove Ground SqFt688 SqFtStories1Lot Size57,499 SqFtStyleMobile / Manufactured HomeYear Built1970ZoningR5ACountyWHATCOMAPN370317 402132 0000

Schools near 834 Old Samish 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 - K to 12
Rating
School
Distance
Wade King Elementary School
PublicPK to 5

Fairhaven Middle School
Public6 to 8

Sehome High School
Public9 to 12

Bellingham Family Partnership Program
PublicK 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 Keller Williams Western Realty

Based on information submitted to the MLS GRID as of 09/05/2024 05:32 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.