Listed by ONE Realty, Bought with RE/MAX Whatcom County, Inc.
NOT LISTED FOR SALE

2274 Aspen Ave Unit 1 & 2 Ferndale, WA 98248

Estimated Value: $577,094 - $868,000

2 Beds
6 Baths
4,000 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 26, 2019

Last sale price $425,000 $106 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,394/month

574 Days on Market

Highlights

  • Deck
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of March 2019

Nicely remodeled duplex! Each unit has 4 bedrooms and 3 baths. Approximately 2,000 square feet. One unit has a 1 car garage. Laminate flooring downstairs, hardwood in the living rooms, vinyl in the bathroom and carpet in the bedrooms. Renters provide their own washer/dryers.

Last Agent to Sell the Property

Mike Corning

ONE Realty License #41923 Listed on: 07/19/2017

Last Buyer's Agent

Luis Reyes

RE/MAX Whatcom County, Inc. License #115627

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1164376

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 0.26

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 1 Covered Space
  • Open Parking

Additional Features

  • Deck
  • 0.26 Acre Lot
  • Cable TV Available

Community Details

  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 180670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,864

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1965
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4000
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 2500

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Parcel Number: 180670
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11326
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3200

Multi Family

  • Gross Scheduled Income: 38400
  • Net Operating Income: 32113
  • Number Of Units Total: 2
  • Insurance Expense: 703
  • Leasable Area: 4000
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Mar 12, 2019
Sold by
Land Of Widom Llc
Bought by
Mahmoudian Ahmad
Seller's Agent
Mike Corning
ONE Realty
Buyer's Agent
Luis Reyes
RE/MAX Whatcom County, Inc.
List Price
$445,000
Sold Price
$425,000
Premium/Discount to List
-$20,000
-4.49%
Current Estimated Value
$763,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,274
Avg. Annual Appreciation
9.31%
Original Mortgage
$361,250
Outstanding Balance
$317,600
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$445,674
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
Mahmoudian Ahmad $425,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmoudian Ahmad $361,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2019 03/26/19 Sold $425,000 -4.5% $106 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $445,000 +4.7% $111 / Sq Ft
01/20/2019 01/20/19 Off Market $425,000 -- --
11/16/2018 11/16/18 Price Changed $445,000 -3.3% $111 / Sq Ft
10/25/2018 10/25/18 Price Changed $460,000 -1.1% $115 / Sq Ft
04/16/2018 04/16/18 Price Changed $465,000 -2.1% $116 / Sq Ft
08/25/2017 08/25/17 Price Changed $475,000 -4.1% $119 / Sq Ft
07/19/2017 07/19/17 Price Changed $495,500 +0.1% $124 / Sq Ft
07/19/2017 07/19/17 For Sale $495,000 -- $124 / 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 $4,311 $628,355 $224,070 $404,285
2023 $4,311 $619,736 $231,000 $388,736
2022 $3,935 $531,897 $196,623 $335,274
2021 $3,964 $439,583 $162,498 $277,085
2020 $3,837 $407,032 $150,465 $256,567
2019 $2,952 $354,513 $131,051 $223,462
2018 $3,442 $324,121 $119,816 $204,305
2017 $1,864 $284,042 $105,000 $179,042
2016 $0 $166,364 $78,546 $87,818
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1164376

Northwest Multiple Listing Service (NWMLS)

APN: 390219-237310-0000