NOT LISTED FOR SALE

2173 Siddle Loop Ferndale, WA 98248

Estimated Value: $1,280,827 - $1,457,000

8 Beds
8 Baths
4,324 Sq Ft
$311/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $1,302,000 $301 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,084/month

33 Days on Market

About This Home

As of November 2024

Constructed in 2020, this four-plex presents a prime investment opportunity. Each unit features two bedrooms, two bathrooms, mini-split AC units, and a full washer and dryer. Additionally, every unit comes with an attached one-car garage with direct home entry and its own balcony. The property across the street, also a four-plex, is available for purchase as well. Situated in Ferndale, the location offers convenient access to the I-5 freeway and Main St.

Last Listed By

Ronda Karn

RE/MAX Whatcom County, Inc. License #125258 Listed on: 08/30/2024

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2284770

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,430

Year Built

  • Built in 2020

Lot Details

  • 7,841

Home Design

  • Quadruplex
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 4,324 Sq Ft Home
  • 2-Story Property
  • Vinyl Plank Flooring

Parking

  • 12 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • 7,841 Sq Ft Lot
  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association
  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902194670900000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,430

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2020
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4324
  • Special Features: None
  • Cumulative Days on Market: 181

Interior Features

  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 84
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 84

Utilities

  • Sewer: Sewer Connected
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • WaterSewerGarbage: 8400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Parcel Number: 3902194670900000
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.07
  • LeasedItems: None
  • TotalMonthlyIncome: 7740

Multi Family

  • Gross Scheduled Income: 92880
  • Net Operating Income: 75001
  • Number Of Units Total: 4
  • Insurance Expense: 2049
  • Leasable Area: 4324
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Oct 30, 2024
Sold by
Caliber Properties Llc
Bought by
Singh Shihn Amanjeet and Singh Rupal Bawa
Seller's Agent
Ronda Karn
RE/MAX Whatcom County, Inc.
Buyer's Agent
Alex Kobzar
Zonda Real Estate
List Price
$1,400,000
Sold Price
$1,302,000
Premium/Discount to List
-$98,000
-7%
Total Days on Market
33
Views
7
Current Estimated Value
$1,346,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,457
Original Mortgage
$1,223,880
Outstanding Balance
$1,217,820
Interest Rate
6.08%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Singh Shihn Amanjeet $1,302,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Shihn Amanjeet $1,223,880
Previous Owner Caliber Properties Llc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $1,302,000 -7.0% $301 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $1,400,000 -- $324 / 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 $7,430 $1,096,610 $203,700 $892,910
2023 $7,430 $1,068,567 $210,000 $858,567
2022 $7,252 $970,765 $234,075 $736,690
2021 $7,252 $810,022 $201,188 $608,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2284770

Northwest Multiple Listing Service (NWMLS)

APN: 390219-467090-0000