340 CherrySumas, WA 98295

  • Investment properties
  • 12,576 SF
Off market
$415,376 Estimated

Property Details for 340 Cherry

Year built
1938
Lot size
0.38 AC
Property size (Sq ft)
12,576 SF
Zone code
BG
Property type
Investment properties
Property subtype
Live-work space
APN
410434 531309 0000
APU
4104345313090000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,905,640
    6.5%
    $3,605,210
    7%
    $3,347,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,899,220
    Geo Method
    $2,470,320
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $7,204,780
    Retail / Commercial
    $3,651,880
    Hospitality / Lodging
    $2,601,220
    Office
    $3,548,750
    Institutional / Educational
    $3,735,940
    Residential Income
    $4,371,050
    Multifamily
    $5,428,930
    Automotive / Energy
    $3,202,230
    Parking / Income-Based Land
    $1,138,290
    Restaurant / Food Service
    $1,803,290
    Healthcare / Senior Housing
    $3,731,580

Location Insight

City
Sumas
County
Whatcom
State
Washington
Latitude
49.0003
Longitude
-122.264
CBSA code
13380
CBSA name
BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$4,406
$61,875
$353,501
$415,376
-
$61,875
$353,501
$415,376

FAQs

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Please email our support team at [email protected] and they will add the team member.
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