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
$480,000
7036 Elk Rd, Ferndale, WA 98248
--beds
0baths
1,161sqft
MultiFamily
Built in 1993
-- sqft lot
$675,500 Zestimate®
$413/sqft
$2,075 Estimated rent
Home value
$675,500
$608,000 - $750,000
$2,075/mo
Zestimate® history
Owner options
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$2,903/mo
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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 & HOA
Location
- Region: Ferndale
Financial & listing details
- Price per square foot: $413/sqft
- Tax assessed value: $585,236
- Annual tax amount: $4,601
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2024 | Sold | $480,000+117.6%$413/sqft |
Source: Public Record Report a problem | ||
| 5/19/2017 | Sold | $220,592+0.3%$190/sqft |
Source: Public Record Report a problem | ||
| 2/17/2017 | Sold | $220,000-8.3%$189/sqft |
Source:  NWMLS as distributed by MLS GRID #1068046 Report a problem | ||
| 2/3/2017 | Pending sale | $239,900$207/sqft |
Source: RE/MAX Whatcom County, Inc. #1068046 Report a problem | ||
| 1/18/2017 | Price change | $239,900-11.1%$207/sqft |
Source: RE/MAX Whatcom County, Inc. #1068046 Report a problem | ||
| 8/9/2016 | Listed for sale | $269,900$232/sqft |
Source: RE/MAX Whatcom County, Inc. #936376 Report a problem | ||
| 8/3/2016 | Pending sale | $269,900$232/sqft |
Source: RE/MAX Whatcom County, Inc. #936376 Report a problem | ||
| 5/4/2016 | Listed for sale | $269,900-1.9%$232/sqft |
Source: RE/MAX Whatcom County, Inc. #936376 Report a problem | ||
| 4/2/2016 | Listing removed | $275,000$237/sqft |
Source: Windermere Real Estate/Whatcom, Inc. #865604 Report a problem | ||
| 2/10/2016 | Price change | $275,000-4.8%$237/sqft |
Source: Windermere Real Estate/Whatcom, Inc. #865604 Report a problem | ||
| 5/8/2015 | Listed for sale | $289,000$249/sqft |
Source: Sterling Real Estate Group Report a problem | ||
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% |
| 2021 | $3,933 +13.8% | $420,272 +24.1% |
| 2020 | $3,455 | $338,703 +9.5% |
| 2019 | $3,455 -0.9% | $309,316 +17% |
| 2018 | $3,485 +33.4% | $264,417 +6% |
| 2017 | $2,613 -18.1% | $249,449 +0.5% |
| 2016 | $3,191 +13.7% | $248,285 +6.2% |
| 2015 | $2,807 | $233,850 +5.2% |
| 2014 | $2,807 +2.3% | $222,369 -0.2% |
| 2013 | $2,744 | $222,738 -3% |
| 2012 | -- | $229,627 |
| 2011 | -- | $229,627 |
| 2010 | -- | -- |
| 2009 | $1,596 -5.4% | $289,635 |
| 2008 | $1,687 -49.5% | $289,635 -7% |
| 2007 | $3,339 +59.6% | $311,425 +101.4% |
| 2005 | $2,092 | $154,645 |
| 2004 | $2,092 -3.5% | $154,645 |
| 2003 | $2,169 +4.2% | $154,645 |
| 2002 | $2,081 +17.3% | $154,645 +18.8% |
| 2001 | $1,773 | $130,195 |
| 2000 | -- | $130,195 |
| 1999 | -- | $130,195 |
Find assessor info on the county website
Neighborhood: 98248
Nearby homes
- $535,8003 bd1 ba1.3k sqft7054 Elk Rd, Ferndale, WA 98248Off Market
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- $983,2004 bd4 ba3.1k sqft3005 Fox Rd, Ferndale, WA 98248Off Market
- $688,0003 bd2 ba1.9k sqft7039 Elk Rd, Ferndale, WA 98248Off Market
- $520,9003 bd2 ba1.5k sqft7017 Elk Rd, Ferndale, WA 98248Off Market
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- $598,9003 bd1 ba1.4k sqft2989 Fox Rd, Ferndale, WA 98248Off Market
Nearby schools
GreatSchools rating
- 4/10Custer Elementary SchoolGrades: K-5Distance: 1.6 mi
- 6/10Horizon 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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- Washington
- Whatcom County
- Ferndale
- 98248
- 7036 Elk Rd
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