Listed by eXp Realty, Bought with Peace Arch Real Estate
NOT LISTED FOR SALE

2165 Eastview Place Ferndale, WA 98248

Estimated Value: $1,227,000 - $1,332,000

8 Beds
4 Baths
4,144 Sq Ft
$306/Sq Ft Est. Value

Last Sold January 02, 2020

Last sale price $790,000 $191 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,147/month

29 Days on Market

Highlights

  • Mountain View
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of January 2020

Investor Alert! Great opportunity for even a 1st time Investor to own a multi-family in this rapidly appreciating Ferndale Real Estate Market! Located close to retail shops, restaurants, & schools, these spacious 2BD 1BA units offer fireplace, large living room, kitchen w/WD, balcony/deck, plus a garage for every tenant for extra parking or storage. Great occupancy history with long term tenants with room to bring to market rents. Ask about possible Package Deal with MLS #1535277

Last Agent to Sell the Property

Dee Dee Swartz

eXp Realty License #111539 Listed on: 10/10/2019

eXp Realty

Last Buyer's Agent

Julia Mullenix

Peace Arch Real Estate License #133679

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1530021

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,083

Year Built

  • Built in 1968

Lot Details

  • 0.33 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,144 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Mountain View Elementary School
  • Vista Mid Middle School
  • Ferndale High School

Community Details

  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902194752320000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,083

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4144
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: 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: Sewer Connected, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: City of Ferndale
  • WaterCompany: City of Ferndale
  • WaterSewerGarbage: 2964

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 3902194752320000
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4600

Multi Family

  • Gross Scheduled Income: 55200
  • Net Operating Income: 42609
  • Number Of Units Total: 4
  • Electric Expense: 300
  • Insurance Expense: 1560
  • Leasable Area: 4144
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4083

MLS Schools

  • Elementary School: Mountain View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 2, 2020
Sold by
Clarenbach Todd
Bought by
Fink Douglas and Fink Barbara
Seller's Agent
Dee Dee Swartz
eXp Realty
Buyer's Agent
Julia Mullenix
Peace Arch Real Estate
List Price
$825,000
Sold Price
$790,000
Premium/Discount to List
-$35,000
-4.24%
Current Estimated Value
$1,266,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,045
Avg. Annual Appreciation
8.43%
Original Mortgage
$592,500
Outstanding Balance
$525,004
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$741,041

Purchase Details

Closed on
Mar 29, 2004
Sold by
Clarenbach Todd D
Bought by
Fdale 1 Llc

Purchase Details

Closed on
Jul 31, 2002
Sold by
Marks Garret H and Marks Gail L
Bought by
Clarenbach Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2000
Sold by
Jaresiah Beth Shean Enterprises Ltd
Bought by
Marks Garret H and Marks Gail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fink Douglas $790,000 Whatcom Land Title
Fdale 1 Llc -- --
Clarenbach Todd $268,000 Stewart Title Company
Marks Garret H $205,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fink Douglas $592,500
Previous Owner Clarenbach Todd $201,000
Previous Owner Marks Garret H $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2020 01/02/20 Sold $790,000 -4.2% $191 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $825,000 -- $199 / 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 $6,078 $892,714 $224,070 $668,644
2023 $6,078 $873,927 $231,000 $642,927
2022 $5,443 $735,720 $234,075 $501,645
2021 $5,483 $608,032 $193,450 $414,582
2020 $5,308 $563,007 $179,125 $383,882
2019 $4,083 $490,363 $156,013 $334,350
2018 $4,762 $448,324 $142,638 $305,686
2017 $3,479 $392,887 $125,000 $267,887
2016 $3,265 $310,496 $110,240 $200,256
2015 $3,273 $292,306 $104,370 $187,936
2014 -- $286,255 $102,000 $184,255
2013 -- $282,250 $100,000 $182,250
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1530021

Northwest Multiple Listing Service (NWMLS)

APN: 390219-475232-0000