NOT LISTED FOR SALE

5485 Olson Rd Ferndale, WA 98248

Estimated Value: $786,000 - $887,269

3 Beds
2 Baths
2,600 Sq Ft
$324/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $354,500 $136 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $5,188/month

42 Days on Market

Highlights

  • Stables
  • Fruit Trees
  • Deck
  • RV Access or Parking
  • Mountain View
  • Wood Flooring

About This Home

As of June 2015

Opportunity Knocks! Amazing shy 5 acre property includes 2,600 sq. ft. home, 2 detached garage/shops & large barn with stalls & tack room. Acreeage is fully fenced & is perfect horse property. Home has some remodeling complete, with hardwood in living, plus slate & tile in baths & laundry. Open kitchen with separate living & family room, plus large bonus room upstairs. Natural gas forced air heat & on-demand water heater. Solid home just needs your cosmetic updates to shine again. Don't delay!

Last Agent to Sell the Property

Paul Balzotti

John L. Scott Bellingham License #52322 Listed on: 01/12/2015

John L. Scott Bellingham

Last Buyer's Agent

Sally Farrell

BHHS Bayside Realty License #27172

BHHS Bayside Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM730751

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 1905

Lot Details

  • Gated Home
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Garden

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Farming

  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Well
  • Septic System

Community Details

  • Ferndale Community

Listing and Financial Details

  • Assessor Parcel Number 3901264852450000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,467

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1905
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2600
  • Square Footage Finished: 2600

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 6

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private Well
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Ferndale

Schools

  • Elementary School: Buyer To Verify
  • High School: Ferndale High
  • School District: FRN

Lot Info

  • Lot Details: Corner Lot, Paved Street
  • Lot Sq Ft: 198198
  • Lot Topography Vegetation: Equestrian, Fruit Trees, Garden Space, Level, Pasture
  • Parcel Number: 3901264852450000
  • Zoning Jurisdiction: County
  • Lot Topography: Equestrian, Fruit Trees, Garden Space, Level, Pasture

Tax Info

  • Tax Amount: 2914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2015
Closed on
Apr 13, 2015
Sold by
Butler Robert D and Hansey Karen M
Bought by
The Bank Of New York Mellon
Seller's Agent
Paul Balzotti
John L. Scott Bellingham
Buyer's Agent
Sally Farrell
BHHS Bayside Realty
List Price
$367,900
Sold Price
$354,500
Premium/Discount to List
-$13,400
-3.64%
Total Days on Market
42
Current Estimated Value
$843,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,567
Avg. Annual Appreciation
8.94%
Original Mortgage
$283,600
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Williams Gary D and Williams Doreen A
Bought by
Butler Robert D and Hansey Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,100
Interest Rate
6.73%

Purchase Details

Closed on
Oct 27, 1999
Sold by
Mathis Eugene and Mathis Janet
Bought by
Williams Gary D and Williams Doreen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.75%
Mortgage Type
Balloon
Source: Public Records

Similar Homes in the area

  • 2605 Lot 80 Longhorn Ln, Ferndale, WA 98248

    $805,900

    • 4 Beds
    • 3.5 Baths
    • 2,621 Sq Ft
    • 2605 Lot 80 Longhorn Ln
    • Ferndale, WA

    Stunning New Construction Craftsman with 3-Car Garage! Experience the perfect blend of charm and modern living in this beautifully designed 4-bedroom, 3.5-bath home. From the inviting covered porch to the airy vaulted ceilings, every detail reflects quality craftsmanship. The spacious layout features a private deck, walk-in closet in the primary suite, a generous pantry, and a dedicated utility

    Rob Weston Windermere Real Estate Whatcom

    Section Image
  • 5982 Ranch Loop, Ferndale, WA 98248

    $732,900

    • 3 Beds
    • 2.5 Baths
    • 2,298 Sq Ft
    • 5982 Ranch Loop
    • Ferndale, WA

    Discover the perfect blend of traditional elegance and modern convenience in this beautifully designed 3-bedroom, 2.5-bathroom craftsman-style home. The inviting facade sets the tone for relaxed living, while inside, vaulted ceilings and a spacious living room create an open, airy feel ideal for both everyday living and entertaining. The modern kitchen, equipped with sleek finishes and ample

    Rob Weston Windermere Real Estate Whatcom

    Section Image
  • 5986 Ranch Loop, Ferndale, WA 98248

    $725,500

    • 3 Beds
    • 2.5 Baths
    • 2,203 Sq Ft
    • 5986 Ranch Loop
    • Ferndale, WA

    Step into this beautifully designed 3-bedroom, 2.5-bath craftsman-style home and experience the perfect blend of classic charm and contemporary living. From the inviting front porch to the vaulted ceilings, every detail is crafted for comfort and style. The spacious living room is ideal for entertaining, while the modern kitchen, featuring sleek countertops and high-end appliances, makes meal

    Rob Weston Windermere Real Estate Whatcom

    Section Image
  • 5953 (Lot 64) Ranch Loop, Ferndale, WA 98248

    $714,900

    • 4 Beds
    • 2.5 Baths
    • 2,140 Sq Ft
    • 5953 (Lot 64) Ranch Loop
    • Ferndale, WA

    Step into this beautifully designed 4-bedroom, 2.5-bath craftsman-style home and experience the perfect blend of classic charm and contemporary living. From the inviting front porch to the vaulted ceilings, every detail is crafted for comfort and style. The spacious living room is ideal for entertaining, while the modern kitchen, featuring sleek countertops and high-end appliances, makes meal

    Rob Weston Windermere Real Estate Whatcom

    Section Image
  • 5949 (Lot 62) Ranch Loop, Ferndale, WA 98248

    $704,900

    • 3 Beds
    • 2.5 Baths
    • 1,869 Sq Ft
    • 5949 (Lot 62) Ranch Loop
    • Ferndale, WA

    This craftsman-style house offers a comfortable, inviting living space w/ southern exposure. Step inside to discover an open room concept, spacious living room features a cozy fireplace w/ a custom mantle. The large kitchen is a chef's dream, boasting an island and a walk-in pantry for all your storage needs. The adjacent dining area provides ample space for meals or entertaining guests. On the

    Rob Weston Windermere Real Estate Whatcom

    Section Image
  • 5947 (Lot 61) Ranch Loop, Ferndale, WA 98248

    $699,900

    • 3 Beds
    • 2.5 Baths
    • 1,919 Sq Ft
    • 5947 (Lot 61) Ranch Loop
    • Ferndale, WA

    Step into this beautifully designed 3-bedroom, 2.5-bath craftsman-style home and experience the perfect blend of classic charm and contemporary living. From the inviting front porch to the vaulted ceilings, every detail is crafted for comfort and style. The spacious living room is ideal for entertaining, while the modern kitchen, featuring sleek countertops and high-end appliances, makes meal

    Rob Weston Windermere Real Estate Whatcom

    Section Image
  • 5942 Lot 47 Ranch Loop, Ferndale, WA 98248

    $729,900

    • 3 Beds
    • 2.5 Baths
    • 2,315 Sq Ft
    • 5942 Lot 47 Ranch Loop
    • Ferndale, WA

    Charming Craftsman-Style New Construction! Discover timeless elegance and modern comfort in this beautifully crafted 3-bedroom, 2.5-bath home. Featuring a spacious open layout with vaulted ceilings, this home is perfect for both relaxing and entertaining. Enjoy a private deck off the dining area, a well-appointed kitchen with pantry, and a walk-in closet in the primary suite. Step outside to a

    Rob Weston Windermere Real Estate Whatcom

    Section Image
  • 6216 Fernridge Ct, Ferndale, WA 98248

    $680,000

    • 3 Beds
    • 2.5 Baths
    • 2,176 Sq Ft
    • 6216 Fernridge Ct
    • Ferndale, WA

    *$2,000 lender credit available* Skip the new construction - this one's move-in ready & upgraded! Immaculate Malloy Terrace home w/ thoughtful touches throughout: central A/C, blackout blinds in the bedrooms, wired for a hot tub, gas BBQ hookups. An open-concept layout with 9' ceilings and luxury laminate & tile throughout - no carpet anywhere. Floor-to-ceiling stone fireplace adds warmth &

    Mikala Murphy Hansen Group Real Estate Inc

    Section Image
  • Unlisted Address

    $999,995

    • 3 Beds
    • 1.5 Baths
    • 1,992 Sq Ft

    2,000+ square foot house 2 story gorgeous Mount Baker view Property SOLD AS IS. Has 5 bedrooms 3 bath natural gas heat flooring: cedar, wood, tile, linoleum exterior is hardie plank siding partial enclosed porch 3 separate entrances, multi-generational floor plan 2 kitchens 2 living spaces 2 laundry areas live downstairs and rent the upstairs w/ separate entry, or live in full house. plenty of

    Jason Furbush Keller Williams North Seattle

    Section Image

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
The Bank Of New York Mellon $299,485 Nextitle
Butler Robert D $222,623 Chicago Title Insurance
Williams Gary D $232,078 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Steven Russell $273,000
Closed Carpenter Kris $283,600
Previous Owner Butler Robert D $279,000
Previous Owner Butler Robert D $233,100
Previous Owner Williams Gary D $216,000
Closed Williams Gary D $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $354,500 +1.4% $136 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/03/2015 02/03/15 Price Changed $349,500 -5.0% $134 / Sq Ft
01/12/2015 01/12/15 For Sale $367,900 -- $142 / 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 $5,467 $740,762 $335,542 $405,220
2023 $5,467 $765,635 $376,000 $389,635
2022 $4,964 $676,330 $242,154 $434,176
2021 $4,584 $536,765 $192,184 $344,581
2020 $4,689 $454,885 $162,868 $292,017
2019 $3,728 $421,186 $150,802 $270,384
2018 $4,389 $383,651 $137,363 $246,288
2017 $4,080 $345,631 $123,750 $221,881
2016 $4,089 $343,564 $130,061 $213,503
2015 $2,927 $343,564 $130,061 $213,503
2014 -- $238,883 $38,077 $200,806
2013 -- $233,616 $37,076 $196,540
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM730751

Northwest Multiple Listing Service (NWMLS)

APN: 390126-485245-0000