NOT LISTED FOR SALE

5268 Olson Rd Ferndale, WA 98248

Estimated Value: $913,000 - $1,271,770

4 Beds
2 Baths
3,508 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $495,000 $141 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $6,795/month

7 Days on Market

Highlights

  • Horses Allowed On Property
  • Fruit Trees
  • Northwest Architecture
  • RV Access or Parking
  • Mountain View
  • Secluded Lot

About This Home

As of September 2019

Stunning mountain views grace this high end home awaiting your finishing touches. From the exposed beams and tall banks of windows to the rock fireplace and waterfall, this home exudes architectural excellence. Curved design takes advantage of the views. Extremely private too. Great soils for horses!

Last Agent to Sell the Property

Rob Merhaut

RE/MAX Whatcom County, Inc. License #8258 Listed on: 08/02/2019

RE/MAX Whatcom County, Inc.

Last Buyer's Agent

Nathan Martin

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1500363

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,801

Year Built

  • Built in 1982

Lot Details

  • Open Space
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden

Property Views

  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace
  • Ceramic Tile Flooring

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet

Additional Features

  • Patio
  • Pasture
  • Horses Allowed On Property

Community Details

  • Ferndale Community

Listing and Financial Details

  • Assessor Parcel Number 3901360283080000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,801

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Dbl Pane/Storm Windw, Dining Room, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile
  • Bedrooms: 4.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3508
  • Square Footage Finished: 3508
  • Square Footage Unfinished: 3508

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete, Slab
  • Roof: Composition
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Baseboard, High Efficiency (Unspecified), Radiant, Wall
  • Power Company: PSE
  • Sewer: Septic
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Ferndale

Schools

  • High School: Ferndale High
  • School District: FRN

Lot Info

  • Lot Details: Open Space, Paved Street, Secluded
  • Lot Sq Ft: 372438
  • Lot Topography Vegetation: Brush, Equestrian, Fruit Trees, Garden Space, Level, Partial Slope, Pasture
  • Parcel Number: 3901360283080000
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Equestrian, Fruit Trees, Garden Space, Level, Partial Slope, Pasture

Tax Info

  • Tax Amount: 4772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2016
Sold by
Hovander Star and Hovander Starlare
Bought by
Option One Mortgage Corporation
Current Estimated Value
$1,112,562

Purchase Details

Closed on
May 25, 2016
Sold by
Sand Canyon Corporation
Bought by
Syncretic Financial Inc

Purchase Details

Closed on
Jul 23, 2013
Sold by
Hovander Star and Hovander Starlare
Bought by
Sand Canyon Corporation and Option One Mortgage Corporation

Purchase Details

Closed on
Apr 14, 2011
Sold by
Hovander Star
Bought by
Olson & Imhoff Farm Llc

Purchase Details

Closed on
Jul 6, 2006
Sold by
Hovander Steve H
Bought by
Hovander Star

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
12.5%
Mortgage Type
Unknown
Source: Public Records

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
Option One Mortgage Corporation -- None Available
Syncretic Financial Inc -- None Available
Sand Canyon Corporation $325,000 None Available
Olson & Imhoff Farm Llc -- None Available
Hovander Star -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muheim Andrew S $447,400
Previous Owner Hovander Star $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $495,000 0.0% $141 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $495,000 +31.6% $141 / Sq Ft
06/17/2019 06/17/19 Sold $376,000 +9.0% $107 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $345,000 -- $98 / 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 $8,801 $1,222,264 $367,580 $854,684
2023 $8,801 $1,233,712 $411,900 $821,812
2022 $6,824 $906,967 $185,094 $721,873
2021 $6,298 $734,499 $161,590 $572,909
2020 $5,246 $622,457 $136,941 $485,516
2019 $4,725 $469,227 $126,796 $342,431
2018 $4,673 $482,307 $115,496 $366,811
2017 $4,088 $351,460 $21,000 $330,460
2016 $4,085 $327,377 $21,020 $306,357
2015 $3,955 $327,377 $21,020 $306,357
2014 -- $320,895 $32,756 $288,139
2013 -- $313,335 $31,317 $282,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1500363

Northwest Multiple Listing Service (NWMLS)

APN: 390136-028308-0000