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Property profile & analytics
OFF-MARKET
Residential income homes
1124 Gdn St, Bellingham, WA 98225-5124
Entity Owned
8-yr Hold
Property ID
US90-1433026
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1895
Total area
2,232 SF
Lot
0.16 ac (6,970 SF)
Zoning code
RM1.0
APN
380331 230542 0000
UPID
US90-1433026
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Inn Vestige LLC · 8 yrs held
Inn Vestige LLC
since 2017
7 recorded transactions
Zoning & alternative use
RM1.0 · Bellingham, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bellingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$4,728
Tax year 2021
Assessed value
$653,753
Assessed 2022
Previous assessed
$653,753
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$238,140
Assessed improvement
$415,613
Land market value
$238,140
Improvement market value
$415,613
Total market value
$653,753
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1895
Heating
FORCED AIR
Stories
2
Bathrooms
3
Total area
2,232 SF
Lot
0.16 ac (6,970 SF)
Zoning code
RM1.0
APN
380331 230542 0000
UPID
US90-1433026
Jurisdiction
WHATCOM
Zoning & alternative use
RM1.0 · Bellingham, WA
Zoning RM1.0 · permitted uses
RM1.0 · Bellingham, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1895
Heating
FORCED AIR
Stories
2
Bathrooms
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
Inn Vestige LLC
Entity
Mailing address
320 MOREY AVE, BELLINGHAM, WA 98225-6343
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2017
—
Inn Vestige LLC
Miller,david C
Quit Claim Deed
related
—
May 16, 2011
$300,000
David C Miller
Jaeger,tim B & Rose
Warranty Deed
$310,000 · Whidbey Island Bank
Jul 7, 2006
—
Tim B Jaeger
April R Jaeger
Quit Claim Deed
$96,000 · National City Bank
Jun 25, 1996
$215,000
Tim B Jaeger
Zwick,trudy
Grant Deed
$193,500 · Interwest Savings Bank
—
—
April R Jaeger
—
Deed Of Trust
related
$196,500 · Washington Mutual Fsb
—
—
David C|dascher Erica H Miller
—
Deed Of Trust
related
$237,000 · Whatcom Educational Cu
—
—
Tim B Jaeger
—
Deed Of Trust
related
$250,000 · Frontier Bank
—
—
Timothy B Jaeger
—
Deed Of Trust
related
$185,000 · Frontier Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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