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Unit #503
Sold Closed March 27, 2020
$335,000
1 Bedroom
1 Bathroom
753 Sqft Condo
Unit 503
Floor 5
Built 2007
1 Parking Space
HOA Dues $366 / month
SALE HISTORY
List price was $335,000
It took 3 days to go pending.
Then 22 days to close at $335,000
Closed at $445/SQFT.
Rare top floor unit in the Drake with Bay and Island Views! Bright west facing looking to South Hill, Lummi and Orcas. Great sunsets! 1 bed & 1 bath + Den condominium. Very large living room for entertaining. Unit 503 has 2 decks and a large separate tiled walk in shower plus soaking tub. W/D in unit. Excellent rental history at $1500 per month since 2008. 1 inside parking space on the 2nd floor. Large locker included. The Drake is one of Bellingham's most finely finished condos.
Offer Review
No offer review date was specified
Project
Drake Condominiums
Listing source NWMLS MLS #
1568788
Listed by
Doug Foster, HomeSmart One Realty
Buyer's broker
Elise Badgley, RE/MAX Whatcom County, Inc.
We don't currently have a buyer representative in this area. To be sure that you're getting objective advice, we always suggest buyers work with their own agent, someone who is not affiliated with the seller.
Time Adjusted Estimated Value
Assumptions: The original sale amount reflected a normal arms length sale. Any major updates would add to the value. Any damage or deferred maintenance would subtract from the value.
Bedroom & Bathroom Layout
MAIN
BDRM
FULL
BTH
Property History
Sep 16, 2024
Sold
$520,000
NWMLS #2250496 Annualized 12% / yr
Aug 02, 2024
Went Pending
$524,950
Jun 24, 2024
Listed
$524,950
Aug 04, 2021
Sold
$365,000
NWMLS #1795153 Annualized 6.5% / yr
Mar 26, 2020
Sold
$335,000
NWMLS #1568788 Annualized 4.6% / yr
Sep 16, 2013
Sold
$249,000
NWMLS #518080 Annualized -0.8% / yr
May 05, 2008
Sold
$260,000
More
Listing Details
  • Sale Price
    $335,000
  • Closing Date
    March 27, 2020
  • Last List Price
    $335,000
  • Original Price
    Same
  • List Date
    March 2, 2020
  • Pending Date
    March 5, 2020
  • Days to go Pending
    3 days
  • $/sqft (Total)
    $445/sqft
  • $/sqft (Finished)
    $445/sqft
  • Listing Source
  • MLS Number
    1568788
  • Listing Broker
    Doug Foster
  • Listing Office
    HomeSmart One Realty
  • Buyer's Broker
    Elise Badgley
  • Buyer Broker's Firm
    RE/MAX Whatcom County, Inc.
Monthly Payment Estimate
  • Principal and Interest
    $1,756 / month
  • HOA
    $366 / month
  • Property Taxes
    $211 / month
  • Homeowners Insurance
    $69 / month
  • TOTAL
    $2,402 / month

  • based on 20% down
    ($67,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Condo Details
  • Unit #
    503
  • Unit Floor
    5
  • Sqft (Total)
    753 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Condo
  • Sub Type
    Condo (1 Level)
  • Bedrooms
    1 Bedroom
  • Bathrooms
    1 Bathroom
  • Lot Size
    Unspecified
  • Lot Size Source
    Unspecified
  • Project
    Drake Condominiums
  • Total Stories
    1 story
  • Sqft Source
    county
Property Tax Info
  • 2019 Property Taxes
    $2,534 / year
  • No Senior Exemption
Public Parcel Data & Maps
  • County
    Whatcom County
  • Parcel #
    3803205334540032
  • County Website
    Unspecified
  • County Parcel Map
    Unspecified
  • County GIS Map
    Unspecified
  • About
    County links provided by Mainview LLC
Schools
  • School District
    Bellingham
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    $366 / month
  • Fees Assessed
    Monthly
  • HOA Dues Include
    Central Hot Water
    Common Area Maintenance
    Garbage
    Water/Sewer
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Community Features
  • Community Features
    Elevator
    Fire Sprinklers
    High Speed Int Avail
    Lobby Entrance
    Common Garage
Building
  • Name
    Drake Condominiums
  • Units in Complex
    44
  • Units in Building
    44
  • Stories in Building
    5
Parking
  • Has Garage
    No
  • Nbr of Assigned Spaces
    1
  • Parking Space Info
    8
Views
  • Bay
    Partial
Construction
  • Year Built
    2007
  • Home Builder
    Unspecified
HVAC
  • Includes
    Other-See Remarks
Cooling
Heating
Interior
  • Flooring
    Ceramic Tile
    Hardwood
    Carpet
Property
  • Lot Features
    Paved
    Sidewalk
Appliances
  • Included
    Dishwasher
    Dryer
    Disposal
    Microwave
    Range/Oven
    Refrigerator
    Washer
Terms
  • Bank Owned (REO)
    No
Utilities
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    Unspecified
  • MLS Area #
    Area 860
  • Number of Photos
    16
  • Last Modification Time
    Sunday, March 28, 2021 12:53 AM
  • System Listing ID
    1967876
Update Info
Listing details based on information submitted to the MLS GRID as of Sunday, March 28, 2021 12:53 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.
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Sold March 27, 2020
$335,000  
1 BR    1 BA    753 SQFT  
NWMLS #1568788. Doug Foster, HomeSmart One Realty
Map 
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.