NOT LISTED FOR SALE

5701 Shannon Ave Ferndale, WA 98248

Estimated Value: $888,000 - $1,054,935

10.5 Acres
$92,521 Price per Acre
457,380 Sq Ft Lot

Last Sold February 08, 2018

Last sale price $1,000,000

Est. 3% decrease in value since last sale

Current estimated payment $5,567/month

About This Lot

As of February 2018

The second tax parcel ID # is 390219133088

Last Buyer's Agent

Bryant Davis

RE/MAX Whatcom County, Inc.

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1244278

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,181

Lot Details

Utilities

  • Sewer in Street

Community Details

  • Ferndale Community

Listing and Financial Details

  • Assessor Parcel Number 390219133035

Property Details

Property Type

Land

Est. Annual Taxes

$5,181

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 42 - Multi-Family
  • Restrictions: CCAndR
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained, Paved

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: In Street

Condo/Co-op/Association

  • Community Name: Ferndale

Lot Info

  • General Zoning Classification: Residential
  • Lot Sq Ft: 457380
  • Parcel Number: 390219133035
  • Zoning Jurisdiction: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Jeter Russell D
Bought by
Shannon Highlands Llc
Current Estimated Value
$971,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,880,000
Outstanding Balance
$2,739,992
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
-$1,768,524

Purchase Details

Listed on
Feb 8, 2018
Closed on
Feb 5, 2018
Sold by
Gildnes Gayle
Bought by
Jeter Russell D and R Jeter Family Trust
Buyer's Agent
Bryant Davis
RE/MAX Whatcom County, Inc.
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.38%

Purchase Details

Closed on
May 13, 2013
Sold by
Gildnes Gayle
Bought by
Gildnes Gayle and Olaf A Gildnes Credit Trust

Purchase Details

Closed on
Nov 13, 2012
Sold by
Shannon Terrace Llc
Bought by
Gildnes Gayle and Estate Of Olaf Gildnes
Source: Public Records

Range of Values:

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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
Shannon Highlands Llc -- Chicago Title
Jeter Russell D -- Chicago Title Insurance
Gildnes Gayle -- None Available
Gildnes Gayle $1,000,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Highlands Llc $2,880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2018 02/08/18 Sold $1,000,000 0.0% --
02/08/2018 02/08/18 For Sale $1,000,000 -- --
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 $5,181 $722,530 $722,530 --
2023 $5,181 $744,876 $744,876 $0
2022 $1,609 $219,251 $219,251 $0
2021 $1,563 $179,714 $179,714 $0
2020 $1,737 $160,465 $160,465 $0
2019 $1,412 $160,465 $160,465 $0
2018 $1,775 $155,060 $155,060 $0
2017 $1,495 $146,490 $146,490 $0
2016 $1,384 $133,380 $133,380 $0
2015 $1,417 $123,900 $123,900 $0
2014 -- $123,900 $123,900 $0
2013 -- $118,332 $118,332 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1244278

Northwest Multiple Listing Service (NWMLS)

APN: 390219-133035-0000