Listed by John L. Scott Bellingham, Bought with BHHS Bayside Realty
NOT LISTED FOR SALE

5485 Olson Rd Ferndale, WA 98248

Estimated Value: $765,000 - $887,454

3 Beds
2 Baths
2,600 Sq Ft
$315/Sq Ft Est. Value

Last Sold June 12, 2015

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

Est. 131% increase in value since last sale

Current estimated payment $4,819/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%
Current Estimated Value
$819,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,114
Avg. Annual Appreciation
8.46%

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

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
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
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 List to Sale Price per Sq Ft
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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM730751

Northwest Multiple Listing Service (NWMLS)

APN: 390126-485245-0000