NOT LISTED FOR SALE

5690 Correll Dr Unit 103 Ferndale, WA 98248

Estimated Value: $351,000 - $455,000

2 Beds
2 Baths
913 Sq Ft
5.39 Acres

Last Sold May 22, 2015

Last sale price $181,000 $198 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,350/month

55 Days on Market

Highlights

  • Territorial View
  • Garage
  • Wall to Wall Carpet

About This Home

As of May 2015

This is an excellent condo unit on one level, with adequate living area with two bedrooms, living room, dining area, master bedroom and guest bedroom, two car garage. Correll Commons is a 55 and older community that is very well managed, nice friendly environment. Club house with kitchenette, game area/meeting room, exercise room. This unit would also make an excellent rental investment with excellent management.

Last Agent to Sell the Property

Herman Gunst

Muljat Group License #39145 Listed on: 03/09/2015

Muljat Group

Last Buyer's Agent

Herman Gunst

Muljat Group License #39145 Listed on: 03/09/2015

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM753032

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 2009

Lot Details

  • Street terminates at a dead end

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 3902304745300048

Community Details

Overview

  • Ferndale Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,691

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 913

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Cement/Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage, Off Street

Utilities

  • Heating And Cooling: Wall
  • Water Heater: Garage-Gas

Condo/Co-op/Association

  • HOA Fees: 140
  • Community Name: Ferndale
  • Project: Bldg-J Correll Commons
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Catherine Berry (360) 296-3382
  • Common Property Features: Age Restriction, Cable Tv, Club House, Disabled Access, Exercise Room, Game/Rec Rm
  • Home Owner Dues Included: Water/Sewer, Snow Removal, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Disabled Access, Ground Floor, Master Bath, Skylights, Vaulted Ceilings, Walk-In Closet

Schools

  • Elementary School: Mtn View Elem
  • Middle School: Horizon Mid
  • High School: Ferndale High
  • School District: FRN

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Parcel Number: 3902304745300048

Tax Info

  • Tax Amount: 2092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2015
Closed on
May 19, 2015
Sold by
Fan Li
Bought by
Walker Gloria E
Seller's Agent
Herman Gunst
Muljat Group
Buyer's Agent
Herman Gunst
Muljat Group
List Price
$199,000
Sold Price
$181,000
Premium/Discount to List
-$18,000
-9.05%
Current Estimated Value
$401,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,043
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Dec 11, 2014
Sold by
New Worc I Development & Management Llc
Bought by
Fan Li

Purchase Details

Closed on
Dec 22, 2010
Sold by
Correll Retirement Development Llc
Bought by
New Worc I Development & Management Llc

Purchase Details

Closed on
Jun 24, 2009
Sold by
Homestead Nw Dev Co
Bought by
Correll Retirement Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.83%
Mortgage Type
Commercial
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
Walker Gloria E $181,000 First American Title Ins
Fan Li -- Whatcom Land Title
New Worc I Development & Management Llc $2,587,280 Whatcom Land Title
Correll Retirement Development Llc $1,000,280 Whatcom Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Correll Retirement Development Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $181,000 +1.1% $198 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
05/01/2015 05/01/15 Price Changed $179,000 -7.7% $196 / Sq Ft
04/01/2015 04/01/15 Price Changed $194,000 -2.5% $212 / Sq Ft
03/09/2015 03/09/15 For Sale $199,000 -- $218 / 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 $2,691 $386,500 $40,000 $346,500
2023 $2,691 $386,500 $40,000 $346,500
2022 $2,287 $288,719 $65,195 $223,524
2021 $2,262 $255,502 $57,694 $197,808
2020 $2,235 $232,268 $52,448 $179,820
2019 $1,570 $206,460 $46,620 $159,840
2018 $1,972 $172,360 $38,920 $133,440
2017 $1,793 $162,750 $36,750 $126,000
2016 $1,787 $160,000 $27,500 $132,500
2015 -- $160,000 $27,500 $132,500
2014 -- $179,000 $27,500 $151,500
2013 -- $179,000 $27,500 $151,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM753032

Northwest Multiple Listing Service (NWMLS)

APN: 390230-474530-0048