Listed by John L. Scott Bellingham, Bought with Windermere Real Estate Whatcom
NOT LISTED FOR SALE

3480 Bailey Way Ferndale, WA 98248

Estimated Value: $682,251 - $786,000

3 Beds
2 Baths
1,516 Sq Ft
$486/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $214,000 $141 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $4,227/month

29 Days on Market

About This Home

As of March 2013

Opportunity Knocks! Solid home on 2+ acres of level ground, plus detached 2 car garage! Beautiful western exposure and views to the north, this is an amazing setting at sunset. Home is structurally sound with newer roof, siding and double pane vinyl windows. Inside needs updating through out, but this is priced right. Excellent opportunity for you to make this your own and create sweat equity. Take advantage of HomePath renovation loan available with as little as 3 percent down!

Last Agent to Sell the Property

Paul Balzotti

John L. Scott Bellingham License #52322 Listed on: 11/27/2012

John L. Scott Bellingham

Last Buyer's Agent

Stephen Mason

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM426742

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$4,477

Year Built

1930

Lot Details

0

Listing Details

  • Condition: Fair
  • Special Features: 20
  • Year Built: 1930

Interior Features

  • Basement: Unfinished
  • Features: Ceiling Fan(s), Double Pane/Storm Window, Dining Room
  • Floor: Hardwood, Vinyl, Wall to Wall Carpet
  • Sq Ft Unfinished: 1096

Exterior Features

  • Exterior: Metal/Vinyl
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Deck, High Speed Internet, Outbuildings, RV Parking, Shop
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Spaces: 3

Utilities

  • Appliances: Dishwasher, Range/Oven
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Lake Terrell Water
  • Water Source: Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Mar 19, 2013
Sold by
Fannie Mae
Bought by
Byma Michael and Byma Magali
Seller's Agent
Paul Balzotti
John L. Scott Bellingham
Buyer's Agent
Stephen Mason
Windermere Real Estate Whatcom
List Price
$214,000
Sold Price
$214,000
Current Estimated Value
$736,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,313
Avg. Annual Appreciation
10.31%
Original Mortgage
$226,697
Outstanding Balance
$159,684
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$576,629

Purchase Details

Closed on
Nov 16, 2012
Sold by
Holyfield Craig Thomas
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 29, 2003
Sold by
Bailey Susan E
Bought by
Holyfield Craig Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Byma Michael -- Chicago Title Insurance
Federal National Mortgage Association $243,750 First American Title Ins
Holyfield Craig Thomas $166,323 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byma Michael $226,697
Previous Owner Holyfield Craig Thomas $154,400
Closed Holyfield Craig Thomas $38,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $214,000 0.0% $141 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
11/27/2012 11/27/12 For Sale $214,000 -- $141 / 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 $4,477 $617,901 $207,760 $410,141
2023 $4,477 $617,901 $207,760 $410,141
2022 $3,872 $551,697 $185,500 $366,197
2021 $3,577 $409,168 $158,752 $250,416
2020 $3,640 $346,753 $134,536 $212,217
2019 $3,012 $319,582 $123,994 $195,588
2018 $3,369 $301,468 $116,966 $184,502
2017 $3,156 $258,771 $100,400 $158,371
2016 $2,568 $258,771 $100,400 $158,371
2015 $2,636 $208,591 $103,230 $105,361
2014 -- $208,591 $103,230 $105,361
2013 -- $208,591 $103,230 $105,361
Source: Public Records

Agents Affiliated with this Home

  • Paul Balzotti

    Seller's Agent in 2013

    Paul Balzotti

    John L Scott

    (360) 920-5901

    112 Total Sales

    Paul Balzotti
    Section Image

  • S

    Buyer's Agent in 2013

    Stephen Mason

    Windermere Real Estate Whatcom

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM426742

Northwest Multiple Listing Service (NWMLS)

APN: 390110-278390-0000

Washington Whatcom County Ferndale 98248

3480 Bailey Way, Ferndale, WA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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