NOT LISTED FOR SALE

5559 2nd Ave Ferndale, WA 98248

Estimated Value: $500,000 - $615,000

3 Beds
1 Bath
1,301 Sq Ft
$421/Sq Ft Est. Value

About This Home

This home is located at 5559 2nd Ave, Ferndale, WA 98248 and is currently estimated at $547,623, approximately $420 per square foot. 5559 2nd Ave is a home located in Whatcom County with nearby schools including Central Elementary School, Vista Middle School, and Ferndale High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2021
Sold by
Lynn Arestad and Lynn Jeri
Bought by
Arestad James and Arestad Jeri Lynn
Current Estimated Value
$547,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Outstanding Balance
$242,444
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$289,545

Purchase Details

Closed on
Aug 20, 2014
Sold by
Dowdy Richard A and Dowdy Emily E
Bought by
Arestad James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,561
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2012
Sold by
Whatcom Educational Credit Union
Bought by
Dowdy Richard A and Thomson Emily E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,020
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 2009
Sold by
Lineham Timothy J
Bought by
Dowdy Richard A and Thomson Emily E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,260
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2006
Sold by
Long Terrence H and Steenburgen Long Mary Beth
Bought by
Linehan Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2000
Sold by
Maddox Rosalie M and Helder Anne Elizabeth
Bought by
Long Terrence H and Steenburgen Long Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,184
Interest Rate
8.26%
Mortgage Type
FHA
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
Arestad James $313 Bc Law Firm Pa
Arestad James -- Accommodation
Arestad James $235,000 Whatcom Land Title
Dowdy Richard A -- Whatcom Land Title
Dowdy Richard A $201,180 Chicago Title Insurance
Linehan Timothy J $1,280 Stewart Title Company
Long Terrence H $124,200 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arestad James $261,000
Previous Owner Arestad James W $22,000
Previous Owner Arestad James $232,561
Previous Owner Dowdy Richard A $191,020
Previous Owner Dowdy Richard A $197,260
Previous Owner Linehan Timothy J $140,000
Previous Owner Linehan Timothy J $270,000
Previous Owner Long Terrence H $203,500
Previous Owner Long Terrence H $123,184
Source: Public Records

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 $3,484 $505,361 $213,400 $291,961
2023 $3,484 $500,732 $220,000 $280,732
2022 $3,246 $438,780 $140,445 $298,335
2021 $3,270 $362,627 $116,070 $246,557
2020 $3,166 $335,775 $107,475 $228,300
2019 $2,435 $292,450 $93,608 $198,842
2018 $2,840 $267,378 $85,583 $181,795
2017 $2,236 $234,316 $75,000 $159,316
2016 $2,099 $199,560 $77,168 $122,392
2015 $2,104 $187,921 $73,059 $114,862
2014 -- $184,012 $71,400 $112,612
2013 -- $181,387 $70,000 $111,387
Source: Public Records

Map

Washington Whatcom County Ferndale 98248

5559 2nd Ave, Ferndale, WA

This home is located at 5559 2nd Ave, Ferndale, WA 98248 and is currently estimated at $547,623, approximately $420 per square foot. 5559 2nd Ave is a home located in Whatcom County with nearby schools including Central Elementary School, Vista Middle School, and Ferndale High School.

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.

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