NOT LISTED FOR SALE

2137 Siddle St Ferndale, WA 98248

Estimated Value: $1,238,000 - $1,406,000

8 Beds
8 Baths
4,010 Sq Ft
$334/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $745,000 $186 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,880/month

26 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wall to Wall Carpet
  • Thermal Windows
  • Property is in very good condition

About This Home

As of October 2017

Newer Four-plex in central Ferndale location. Have always been rented and well maintained. Financials are exact giving a 5%+ CAP Rate. One unit available to show and the remaining units upon of accepted offer. Well built units by experienced builder. Sprinkler system. Four-plex next door also available (2143 Siddle Drive).

Last Agent to Sell the Property

Phil Dyer

Sterling Real Estate Group License #4145 Listed on: 07/05/2017

Sterling Real Estate Group

Co-Listed By

Andi Dyer

RE/MAX Whatcom County, Inc. License #26707

Last Buyer's Agent

Phil Dyer

Sterling Real Estate Group License #4145 Listed on: 07/05/2017

Sterling Real Estate Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1152056

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,886

Year Built

  • Built in 2011

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 167x75x146x77
  • Property is in very good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 4,010 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Central Elementary School
  • Vista Mid Middle School
  • Ferndale High School

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902195341100000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,886

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2011
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4010
  • Special Features: None
  • Cumulative Days on Market: 378

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, High Efficiency - 90%+, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Ferndale
  • WaterCompany: City of Ferndale
  • WaterSewerGarbage: 2850

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 25

Schools

  • Junior High Dist: Ferndale
  • High School: Ferndale High
  • Middle Or Junior School: Vista Mid

Lot Info

  • Parcel Number: 3902195341100000
  • Lot Size Acres: 0.27
  • Lot Size: 167x75x146x77
  • Lot Size Sq Ft: 11761
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: High Efficiency - 90%+, Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4720

Multi Family

  • Gross Scheduled Income: 56640
  • Net Operating Income: 44396
  • Number Of Units Total: 6
  • Electric Expense: 25
  • Insurance Expense: 1042
  • Leasable Area: 4010
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4886

MLS Schools

  • Elementary School: Central Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Lewis Timothy G and Lewis Rebecca W
Bought by
Lewis Timothy G and Lewis Rebecca W
Current Estimated Value
$1,340,485

Purchase Details

Listed on
Jul 5, 2017
Closed on
Oct 9, 2017
Sold by
York Ronney J and York Linda L
Bought by
Lewis Timothy G and Lewis Rebecca W
Seller's Agent
Phil Dyer
Sterling Real Estate Group
Buyer's Agent
Phil Dyer
Sterling Real Estate Group
List Price
$830,000
Sold Price
$745,000
Premium/Discount to List
-$85,000
-10.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$323,500
Outstanding Balance
$273,437
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,047,734

Purchase Details

Closed on
Jun 24, 2011
Sold by
Braithwaite David and Braithwaite Tanya
Bought by
York Ronney J and York Linda L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lewis Timothy G -- None Available
Lewis Timothy G $745,000 Chicago Title Insurance
York Ronney J $102,780 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Timothy G $323,500
Previous Owner York Ronney J $349,300
Previous Owner York Ron J $351,000
Previous Owner York Ronney J $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2017 10/17/17 Sold $745,000 -10.2% $186 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $830,000 -- $207 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $6,916 $1,018,233 $224,070 $794,163
2023 $6,916 $994,618 $231,000 $763,618
2022 $6,542 $884,264 $234,075 $650,189
2021 $6,590 $730,795 $193,450 $537,345
2020 $6,380 $676,680 $179,125 $497,555
2019 $4,908 $589,368 $156,013 $433,355
2018 $5,723 $538,842 $142,638 $396,204
2017 $4,886 $472,212 $125,000 $347,212
2016 $4,579 $436,024 $93,704 $342,320
2015 $4,592 $409,975 $88,715 $321,260
2014 -- $401,667 $86,700 $314,967
2013 -- $396,540 $85,000 $311,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1152056

Northwest Multiple Listing Service (NWMLS)

APN: 390219-534110-0000