Seller's Agent in 2025
Kyle Martin
Muljat Group
(360) 961-7474
3 in this area
61 Total Sales
Listed by Muljat Group, Bought with MJB Real Estate Group
1848 Eastgate Loop Ferndale, WA 98248
--
Bed
--
Bath
5,616
Sq Ft
$40/mo
HOA Fee
Highlights
- Territorial View
- Cul-De-Sac
- Property is in very good condition
- Corner Lot
- Vinyl Plank Flooring
- Wood Siding
About This Home
As of October 2025Modern 4-plex built in 2020 with strong rental history, low vacancy, and high-end finishes throughout. Each unit features quartz countertops, soft-close cabinets, stainless steel appliances, and LVP flooring. Second level offers an open layout with kitchen, private deck, living room, and half bath. All bedrooms and laundry are on the top floor; primary suite includes ensuite bath and walk-in closet. Ground floor includes a full-size 2-car garage that has has extra room for storage, including exterior access door. Turnkey investment in a prime location with 6.43%CAP / 13.67 GRM. A rare opportunity with reliable cash flow and minimal maintenance.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2360799
Property Details
Home Type
- Co-Op
Est. Annual Taxes
- $10,466
Year Built
- Built in 2020
Lot Details
- 10,019 Sq Ft Lot
- Cul-De-Sac
- Street terminates at a dead end
- Corner Lot
- Property is in very good condition
HOA Fees
- $40 Monthly HOA Fees
Home Design
- Slab Foundation
- Composition Roof
- Wood Siding
- Cement Board or Planked
Interior Spaces
- 5,616 Sq Ft Home
- 3-Story Property
- Territorial Views
Flooring
- Carpet
- Laminate
- Vinyl Plank
Parking
- 8 Parking Spaces
- 8 Covered Spaces
Schools
- Cascadia Elementary School
- Vista Mid Middle School
- Ferndale High School
Utilities
- Ductless Heating Or Cooling System
- Heating System Mounted To A Wall or Window
Community Details
- East Gate Condos
- Ferndale Subdivision
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 3902173150890000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2025
Closed on
Sep 26, 2025
Sold by
Maccliff Ventures Llc
Bought by
Bruno Forneron Living Trust and Forneron
Seller's Agent
Kyle Martin
Muljat Group
Buyer's Agent
Jeff Engen
MJB Real Estate Group
List Price
$1,625,000
Sold Price
$1,546,000
Premium/Discount to List
-$79,000
-4.86%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,389
Avg. Annual Appreciation
2.42%
Purchase Details
Closed on
May 20, 2020
Sold by
Braithwaite David and Braithwaite Tanya
Bought by
Maccliff Ventures Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,546,000 | Chicago Title | |
| Warranty Deed | $205,000 | Chicago Title Bellingham |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2025 10/01/25 | Sold | $1,546,000 | -1.8% | $275 / Sq Ft |
| 08/04/2025 08/04/25 | Pending | -- | -- | -- |
| 05/27/2025 05/27/25 | Price Changed | $1,575,000 | -3.1% | $280 / Sq Ft |
| 04/18/2025 04/18/25 | For Sale | $1,625,000 | -- | $289 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,471 | $1,402,625 | $264,810 | $1,137,815 |
| 2024 | $9,467 | $1,396,964 | $264,810 | $1,132,154 |
| 2023 | $9,467 | $1,361,610 | $273,000 | $1,088,610 |
| 2022 | $8,411 | $1,136,825 | $224,712 | $912,113 |
| 2021 | $1,527 | $939,523 | $185,712 | $753,811 |
| 2020 | $758 | $156,852 | $156,852 | $0 |
| 2019 | -- | $70,000 | $70,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Martin
-
Kyle Coston
K
Seller Co-Listing Agent in 2025
Kyle Coston
Muljat Group
(360) 733-3030
2 in this area
12 Total Sales
-
Jeff Engen
Buyer's Agent in 2025
Jeff Engen
MJB Real Estate Group
(360) 393-9783
17 in this area
150 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2360799
APN: 390217-315089-0000
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Based on information submitted to the MLS GRID
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