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

6581 Olson Rd Ferndale, WA 98248

Estimated Value: $95,000 - $331,000

4.87 Acres
$51,049 Price per Acre
212,137 Sq Ft Lot

Last Sold December 02, 2022

Last sale price $285,000

Est. 13% decrease in value since last sale

Current estimated payment $1,421/month

178 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Open Space
  • Secluded Lot

About This Lot

As of December 2022

Mount Baker view acreage, with all the hard work done and nearly ready to start construction! Just shy of 5 acres with a 3 bedroom Septic System in place, Electric in place, Driveway in place, Water hooked up to property already and blueprints drafted. Critical area study done and Wetland Delineation report done. Natural gas also available in street. All the hard work is done. This flat and private paradise is ready for all your ideas and dreams. Lightly treed for plenty of privacy, while still letting in tons of natural light and Cascade views. Centrally located in Ferndale, between Birch Bay and Bellingham. Only 5 minutes from i5, with all the quiet, country living you could ask for. Buyer to verify all information.

Last Agent to Sell the Property

Joe Wystup

John L. Scott Bellingham License #135178 Listed on: 05/13/2022

John L. Scott Bellingham

Last Buyer's Agent

Carmen Rojo

eXp Realty License #20123621

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1933761

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,445

Lot Details

  • 4.87 Acre Lot
  • Open Space
  • Secluded Lot
  • Level Lot

Property Views

  • Mountain Views

Schools

  • Cascadia Elementary School
  • Horizon Mid Middle School
  • Ferndale High School

Utilities

  • Shared Water Source
  • Community Well
  • Septic Design Applied
  • Septic Design Installed
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3901114841180000

Property Details

Property Type

Land

Est. Annual Taxes

$1,445

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Comm. Grade Timber,Corners Flagged,Partially Cleared
  • Improvements: Cable TV Available,Fenced-Partially
  • AssessmentFees: Gas
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Farm & Ranch, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Mountain(s)
  • Lot Features: Open Space, Secluded
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • WaterJurisdiction: Aldergrove Water Association

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Community Well, On Property, See Remarks, Share Available
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected, Septic Design Installed, Septic Design Applied
  • ElectricityStatus: On Property
  • GasStatus: Available
  • SepticDesignApplied: true
  • SepticDesignInstalled: true
  • SepticSystemType: Mound

Condo/Co-op/Association

  • Community Features: Community Well
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ferndale
  • High School: Ferndale High
  • Middle Or Junior School: Horizon Mid

Lot Info

  • Parcel Number: 3901114841180000
  • Topography: Level
  • Lot Size Acres: 4.87
  • Lot Size Sq Ft: 212137
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Assessor's Office
  • ZoningJurisdiction: County
  • ZoningClass: Agricultural,Farm & Ranch,Residential

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 82

MLS Schools

  • Elementary School: Cascadia Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Nov 22, 2022
Sold by
Coty Robert A and Coty Joselyn M
Bought by
Hernandez David Nunez and Mejia Natalia Ramirez
Seller's Agent
Joe Wystup
John L. Scott Bellingham
Buyer's Agent
Carmen Rojo
eXp Realty
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$248,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,389
Avg. Annual Appreciation
-4.59%
Original Mortgage
$185,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2003
Sold by
Farinha Michael A and Farinha Connie K
Bought by
Coty Robert A and Coty Joselyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back
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
Hernandez David Nunez -- Whatcom Land Title
Coty Robert A -- Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez David Nunez $185,000
Previous Owner Coty Robert A $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $285,000 0.0% --
11/07/2022 11/07/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $285,000 0.0% --
09/26/2022 09/26/22 Pending -- -- --
08/26/2022 08/26/22 Price Changed $285,000 -5.0% --
05/13/2022 05/13/22 For Sale $300,000 -- --
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 $1,445 $219,150 $219,150 --
2023 $1,445 $219,150 $219,150 $0
2022 $81 $136,477 $136,477 $0
2021 $80 $136,477 $136,477 $0
2020 $85 $4,821 $4,821 $0
2019 $79 $120,776 $120,776 $0
2018 $95 $0 $0 $0
2017 $72 $0 $0 $0
2016 $71 $0 $0 $0
2015 $70 $0 $0 $0
2014 -- $4,773 $4,773 $0
2013 -- $4,407 $4,407 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1933761

Northwest Multiple Listing Service (NWMLS)

APN: 390111-484118-0000