Great Investment opportunity in a quiet, mid-county location. Two homes on 7 acres, with potential to boost equity. 3 bedroom manufactured home needs some cosmetic repair, but is in good condition. Second home is fixer, approx 880 sf. with potential second bedroom. 3 sources of income, with CREPS income of $2,194 annually. New owner can remove from program if desired.
Sold for $480,000 on 09/13/24
$480,000
7036 Elk Rd, Ferndale, WA 98248
--beds
0baths
1,161sqft
MultiFamily
Built in 1993
-- sqft lot
$685,800 Zestimate®
$413/sqft
$2,079 Estimated rent
Home value
$685,800
$617,000 - $761,000
$2,079/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric
Appliances
- Included: Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 1,161 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
Lot
- Size: 7.04 Acres
Details
- Parcel number: 3901023181800000
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Other
- Roof: Composition
Condition
- Year built: 1993
Utilities & green energy
- Sewer: Septic
Community & neighborhood
Location
- Region: Ferndale
Other
Other facts
- Building condition: Fair
- Form 17: Provided
- Foundation: See Remarks
- General zoning: See Remarks
- Lot details: Paved Street
- Leased items: None
- Possesion: Closing
- Sewer: Septic
- Potential terms: Cash Out
- Property type: MULT
- Range/oven1: Y
- Range/oven2: Y
- Show map link: Y
- Status: P
- Preliminary title ordered: Y
- Bank/REO Owned: Y
- Style: 52
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2024 | Sold | $480,000+117.6%$413/sqft |
Source: Public Record | ||
| 5/19/2017 | Sold | $220,592+0.3%$190/sqft |
Source: Public Record | ||
| 2/17/2017 | Sold | $220,000-8.3%$189/sqft |
Source:  NWMLS #1068046 | ||
| 2/3/2017 | Pending sale | $239,900$207/sqft |
Source: RE/MAX Whatcom County, Inc. #1068046 | ||
| 1/18/2017 | Price change | $239,900-11.1%$207/sqft |
Source: RE/MAX Whatcom County, Inc. #1068046 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,601 +8.5% | $585,236 -0.9% |
| 2023 | $4,239 +1.8% | $590,283 +20% |
| 2022 | $4,163 +5.8% | $491,713 +17% |
Find assessor info on the county website
Neighborhood: 98248
Nearby schools
GreatSchools rating
- 7/10Custer Elementary SchoolGrades: K-5Distance: 1.6 mi
- 5/10Horizon Middle SchoolGrades: 6-8Distance: 2.6 mi
- 5/10Ferndale High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- District: Ferndale
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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