NOT LISTED FOR SALE

2990 Cove Ave Lummi Island, WA 98262

Estimated Value: $811,000 - $911,306

2 Beds
2.5 Baths
2,172 Sq Ft
$397/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $815,000 $375 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,305/month

3 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Community Boat Launch
  • Deck
  • Views of a Sound
  • Clubhouse
  • Contemporary Architecture

About This Home

As of April 2023

Excellent craftsmanship & attention to detail create a custom-built feel in this contemporary two bedroom (+office/studio), three bathroom waterfront home. The open flow, tempered w/ warm wood detailing, wall-to-wall built-ins & a clerestory window wall give you an up-close + personal feel of the uninterrupted water & mountain views. Plus, a large deck on the main floor! The primary suite features a walk-out deck, large bathroom w/ a deep soaking tub, & walk-in closet. In addition to the second bedroom, there is an inviting den on the main floor could be perfect for an office. Great garage space + storage. A bonus generator plumbed to the propane tank makes it easy when you need it! Ownership incl. a boat launch, clubhouse + swimming lake!

Last Agent to Sell the Property

Angela Dixon

Lummi Island Realty LLC License #23319 Listed on: 03/02/2023

Lummi Island Realty LLC

Last Buyer's Agent

Angela Dixon

Lummi Island Realty LLC License #23319 Listed on: 03/02/2023

Lummi Island Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2035275

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,588

Year Built

  • Built in 2007

Lot Details

  • 0.71 Acre Lot
  • 160 Feet of Waterfront
  • Street terminates at a dead end
  • Brush Vegetation
  • Terraced Lot
  • Wooded Lot
  • Garden
  • Zoning described as RRI

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,172 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Generator Hookup
  • Propane
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3701144140140000

Community Details

Overview

  • Built by Echo Point Construction
  • Lummi Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,588

Year Built

Built in 2007

Lot Details

0

HOA Fees

$81 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 2007
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Scenic Estates
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2172
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 877

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Other, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Wired for Generator, Water Heater
  • Living Area: 2172
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2172
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 2
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound, Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-High, Saltwater
  • Waterfront: Yes
  • Builder Name: Echo Point Construction
  • Exterior Features: Cement/Concrete, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 160
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Insert
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: LISE
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Propane
  • CableConnected: Pogozone
  • InternetConnected: Pogozone

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Club House, Park, Playground
  • Senior Community: No
  • Association Fee: 969
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel Number: 3701144140140000
  • Topography: PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.7058
  • Lot Size Sq Ft: 30744
  • Zoning Description: RRI
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio,Propane
  • MLSLotSizeSource: 30744
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5588

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Beach Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 27, 2023
Sold by
Hood Cheryl Lee and Hood Roscoe J
Bought by
Kessler Rodger and Fried Danit A
Seller's Agent
Angela Dixon
Lummi Island Realty LLC
Buyer's Agent
Angela Dixon
Lummi Island Realty LLC
List Price
$825,000
Sold Price
$815,000
Premium/Discount to List
-$10,000
-1.21%
Views
3
Current Estimated Value
$861,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,827
Avg. Annual Appreciation
2.78%
Original Mortgage
$315,000
Outstanding Balance
$306,129
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$564,165

Purchase Details

Listed on
Mar 10, 2017
Closed on
Jan 20, 2018
Sold by
Dunn Brenden C and Dunn Jennifer A
Bought by
Hood Cheryl Lee and Addington Roscoe J
Seller's Agent
Angela Dixon
Lummi Island Realty LLC
Buyer's Agent
Angela Dixon
Lummi Island Realty LLC
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$434,160
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kessler Rodger -- Whatcom Land Title
Hood Cheryl Lee $480,000 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessler Rodger $100,000
Open Kessler Rodger $315,000
Previous Owner Hood Cheryl Lee $378,800
Previous Owner Hood Cheryl Lee $434,160
Previous Owner Dunn Jennifer A $100,000
Previous Owner Dunn Brendan C $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $815,000 -1.2% $375 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $825,000 +71.9% $380 / Sq Ft
01/25/2018 01/25/18 Sold $480,000 -3.0% $221 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
10/26/2017 10/26/17 Price Changed $495,000 -2.0% $228 / Sq Ft
10/02/2017 10/02/17 Price Changed $505,000 -3.8% $233 / Sq Ft
08/18/2017 08/18/17 For Sale $525,000 0.0% $242 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
08/01/2017 08/01/17 Price Changed $525,000 -2.8% $242 / Sq Ft
06/26/2017 06/26/17 Price Changed $540,000 -1.8% $249 / Sq Ft
03/10/2017 03/10/17 For Sale $550,000 -- $253 / 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 $6,336 $790,142 $340,352 $449,790
2023 $6,336 $837,499 $360,751 $476,748
2022 $5,588 $700,850 $301,890 $398,960
2021 $4,801 $565,210 $243,463 $321,747
2020 $4,793 $463,270 $199,553 $263,717
2019 $3,691 $420,199 $181,000 $239,199
2018 $4,044 $373,143 $165,165 $207,978
2017 $3,789 $313,245 $138,650 $174,595
2016 $3,741 $308,422 $136,290 $172,132
2015 $3,464 $300,990 $133,930 $167,060
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2035275

Northwest Multiple Listing Service (NWMLS)

APN: 370114-414014-0000