2224 Sedge Street

Lynden, WA 98264

$795,000
Last Sold Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Tremendous opportunity to get into the rental market or expand your portfolio! This nearly new Lynden duplex is turnkey
and offers a nice and open floor plan, 3 beds + 2 baths, a double car garage, no step entry, stainless steel appliances,
washers and dryers, a covered patio, & a fully fenced yard. The rental market in Lynden is on fire with historically low
vacancy rates coupled with rapidly increasing rental rates. Don’t miss out on this great low maintenance investment
opportunity that provides strong
...Tremendous opportunity to get into the rental market or expand your portfolio! This nearly new Lynden duplex is turnkey
and offers a nice and open floor plan, 3 beds + 2 baths, a double car garage, no step entry, stainless steel appliances,
washers and dryers, a covered patio, & a fully fenced yard. The rental market in Lynden is on fire with historically low
vacancy rates coupled with rapidly increasing rental rates. Don’t miss out on this great low maintenance investment
opportunity that provides strong and consistent returns!
  1. Listed by Loren Van Corbach • Windermere Real Estate Whatcom

Property Details for 2224 Sedge Street

Community Name
Lynden
School District
Lynden
View
Territorial
Number of Assigned Spaces
4
Total Covered Parking
2
Entry Date
09-14-2021
Energy Source
Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere Real Estate Whatcom

Sold By Windermere Real Estate Whatcom

Add your commute
LISTING UPDATED: 10/04/2021 01:56 PM

Property Details for 2224 Sedge Street

StatusSold
MLS #1839503
Days on Market1
Cumulative Days on Market900
Taxes$4,256 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2016
Lot Size0.19 AC / 8,276 SF
CountyWhatcom County

Location

Listing Courtesy of Windermere Real Estate Whatcom

Sold By Windermere Real Estate Whatcom

Add your commute

Building Information for 2224 Sedge Street

Stories1Residences2Year Built2016Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$4,693 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,339

Property Taxes

$355

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2224 Sedge Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio
  • Area: 885 - Lynden
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Lynden Mid
  • High School: Lynden High
  • Directions: Take Guide Meridian North, go East on Badger Rd, South on Northwood Rd, West on Aaron Dr. Property is on the right on Sedge St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Hardwood, Vinyl, Carpet
  • Features: Hardwood
  • Fireplace: No
Exterior Features
  • Exterior: Cement/Concrete
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Forced Air
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: City of Lynden
  • Water Company: City of Lynden
  • Power Production Type: Natural Gas
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 24
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 40031519552
  • Building Condition: Very Good
  • Calculated Square Footage: 0
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 5356
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $44,700
  • Insurance Expense: $1,100
  • Net Operating Income: $39,344
  • Other Expenses: $0
  • Total Monthly Income: 3725
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1662
  • Rent Unit 1: $1,875.00
  • Bedrooms Unit 1: 3
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1226
  • Rent Unit 2: $1,850.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2888.0
  • Leasable Area Units: Square Feet

Property History for 2224 Sedge Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2224 Sedge Street

Taxable ValueLand$198,561Additions$469,826Total$668,387
Tax Record2021$4,996 ($416 / month)
Home Facts
Baths4Total Finished SqFt2,533 SqFtAbove Ground SqFt2,533 SqFtStories1Lot Size8,276 SqFtStyleDuplexYear Built2016ZoningRM3CountyWHATCOMAPN400315 195520 0000

Schools near 2224 Sedge Street

This home is within Lynden School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Vossbeck Elementary School
PublicK to 5

Lynden Middle School
Public6 to 8

Lynden High School
Public9 to 12

Impact Reengagement Program
Public9 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.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Real Estate Whatcom

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.