NOT LISTED FOR SALE

5616 3rd Ave Ferndale, WA 98248

Estimated Value: $749,978

-- Bed
-- Bath
3,570 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 5616 3rd Ave, Ferndale, WA 98248 and is currently estimated at $749,978, approximately $210 per square foot. 5616 3rd 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
Sep 26, 2023
Sold by
Whatcom Land Title
Bought by
Mbcb Properties Llc
Current Estimated Value
$749,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,737
Outstanding Balance
$443,935
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$306,043

Purchase Details

Closed on
Oct 7, 2021
Sold by
Fern Llc
Bought by
Whatcom Land Title Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,750
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2020
Sold by
Willis Jr John T and Willis Frances M
Bought by
Morris Steven and Morris Sharon

Purchase Details

Closed on
Sep 8, 2014
Sold by
Pea Pod Industries Llc
Bought by
Fern Llc

Purchase Details

Closed on
Mar 28, 2014
Sold by
Belay Llc
Bought by
Pea Pod Industries Llc

Purchase Details

Closed on
Oct 12, 2007
Sold by
Peterson Allen C and Peterson Kristeen M
Bought by
Belay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2005
Sold by
Snyder Gary R and Snyder Alix Ann
Bought by
Peterson Allen C and Peterson Kristeen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.81%
Mortgage Type
Commercial
Source: Public Records

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.

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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
Mbcb Properties Llc $313 Whatcom Land Title
Whatcom Land Title Company Inc $633,000 Whatcom Land Title
Morris Steven $7,045,000 Chicago Title
Fern Llc -- None Available
Pea Pod Industries Llc $965,280 First American Title Ins
Belay Llc $450,280 Stewart Title Company
Peterson Allen C $349,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbcb Properties Llc $452,737
Previous Owner Whatcom Land Title Company Inc $474,750
Previous Owner Belay Llc $450,000
Previous Owner Peterson Allen C $249,000
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 $5,700 $819,596 $280,000 $539,596
2023 $5,700 $819,596 $280,000 $539,596
2022 $7,380 $636,519 $247,181 $389,338
2021 $6,690 $824,411 $204,288 $620,123
2020 $7,436 $687,009 $170,240 $516,769
2019 $6,110 $687,009 $170,240 $516,769
2018 $8,131 $670,907 $166,250 $504,657
2017 $5,519 $670,907 $166,250 $504,657
2016 $5,502 $492,560 $131,600 $360,960
2015 $5,752 $492,560 $131,600 $360,960
2014 -- $503,040 $134,400 $368,640
2013 -- $503,040 $134,400 $368,640
Source: Public Records

Map

Washington Whatcom County Ferndale 98248

5616 3rd Ave, Ferndale, WA

This home is located at 5616 3rd Ave, Ferndale, WA 98248 and is currently estimated at $749,978, approximately $210 per square foot. 5616 3rd 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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