NOT LISTED FOR SALE

3998 Saltspring Dr Ferndale, WA 98248

Estimated Value: $1,155,596 - $1,226,000

0.17 Acre
$7,083,229 Price per Acre
7,405 Sq Ft Lot

Last Sold December 11, 2015

Last sale price $165,000

Est. 630% increase in value since last sale

Current estimated payment $7,010/month

27 Days on Market

Highlights

  • Waterfront Community
  • Golf Course Community
  • Clubhouse
  • Views of a Sound
  • Community Boat Launch
  • Tennis Courts

About This Lot

As of December 2015

Beautiful waterfront lot on Lummi Bay with fantastic Mt Baker views over the Bay. Water shares available this year for building your dream home on the beach. 50’ of waterfront at the south end of Sandy Point Shores peninsula is a great place to relax around your beach fire pit, enjoy walks on the beach, bird watchers paradise with Eagles, Herons, Kingfishers and more! Sandy Point Amenities include Marina & Boat Launch, Golf Course, Pool, Clubhouse, Tennis, play areas. Come live the dream!

Last Agent to Sell the Property

Shari Draper

Windermere Real Estate Whatcom License #72807 Listed on: 08/05/2015

Windermere Real Estate Whatcom

Last Buyer's Agent

Shari Draper

Windermere Real Estate Whatcom License #72807 Listed on: 08/05/2015

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM827517

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,515

Lot Details

  • Street terminates at a dead end
  • Level Lot

Property Views

  • Views of a Sound
  • Bay
  • Strait Views
  • Canal
  • Mountain

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 39731

Community Details

Overview

  • Sandy Point Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Golf Course Community
  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$7,515

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained, Paved
  • Road On Which Sideof Property: north
  • View: Bay, Canal, Mountain, Sound, Strait
  • Waterfront Frontage: 50'
  • Water Jurisdiction: Sandy Point

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Sewer: In Street
  • Water: Available

Condo/Co-op/Association

  • Community Name: Sandy Point
  • Project: Sandy Point Shores
  • Community Features: Boat Launch, CCRs, Clubhouse, Golf Course, Community Waterfront/Pvt Beach, Tennis Courts

Fee Information

  • Assessment Fees: Sewer, Water

Schools

  • Elementary School: Eagleridge Elem
  • Middle School: Horizon Mid
  • High School: Ferndale High
  • School District: FRN

Lot Info

  • Lot Number: 33
  • General Zoning Classification: Residential
  • Improvements: Cable Tv Available, Fenced-Fully
  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: 50 x 150
  • Lot Sq Ft: 7405
  • Parcel Number: 39731
  • Topography: Level
  • Zoning Jurisdiction: County
  • Zoning Remarks: RR3

Tax Info

  • Tax Amount: 1496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2015
Closed on
Dec 8, 2015
Sold by
Wilbur Jack W
Bought by
Martin Douglas and Martin Diana
Seller's Agent
Shari Draper
Windermere Real Estate Whatcom
Buyer's Agent
Shari Draper
Windermere Real Estate Whatcom
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$1,204,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,039,149
Avg. Annual Appreciation
22.41%
Original Mortgage
$123,750
Outstanding Balance
$55,768
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,148,381
Source: Public Records

Range of Values:

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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
Martin Douglas $165,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Douglas $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2015 12/11/15 Sold $165,000 -5.7% --
09/01/2015 09/01/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $175,000 -- --
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 $7,515 $1,024,634 $339,144 $685,490
2023 $7,515 $1,069,661 $354,042 $715,619
2022 $6,398 $887,680 $293,800 $593,880
2021 $6,321 $713,067 $260,000 $453,067
2020 $6,725 $636,763 $257,205 $379,558
2019 $5,149 $613,108 $247,650 $365,458
2018 $5,125 $531,038 $214,500 $316,538
2017 $1,176 $405,103 $203,580 $201,523
2016 $1,102 $98,235 $98,235 $0
2015 $1,496 $92,500 $92,500 $0
2014 -- $126,500 $126,500 $0
2013 -- $126,500 $126,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM827517

Northwest Multiple Listing Service (NWMLS)

APN: 380116-089473-0000