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5580 Old Settler Drive

5580 Old Settler Drive, Ferndale, WA 98248
Property in Whatcom
Sold Dec 27, 2021
$650,000
$520,000 by Better Mortgage Corporation
Mortgage Due Jan 01, 2052
Sold Dec 27, 2021
$650,000
$520,000 by Better Mortgage Corporation
Mortgage Due Jan 01, 2052
Local assessors in Ferndale, WA have categorized 5580 Old Settler Drive as a residential type of property. The home was built in 2010 and is 14 years old. The property's lot size has been calculated to be 8,712 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5580 Old Settler Drive has a total of 2,032 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 650 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5580 Old Settler Drive was last sold in Dec 20, 2021 for $650,000. According to our calculations, that's $242.36 per sqft. Prior to that sales transaction, the property was sold for $650,000 in Dec 20, 2021. Current property owners are expected to pay $4,710 in taxes per year. The property on 5580 Old Settler Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $611,522. To break that down further, the land itself was valued at $231,000. While improvements to the property were assessed at a total of $380,522. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 650
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,682
  • Gross Building Area: 2,770
  • Building Area: 2,032
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,032
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PIONEER MEADOWS LLA
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Dormitory, group quarters (residential)
  • Legal Description 1: LOT B PIONEER MEADOWS LLA AS REC AF 2110501749

Ownership

  • Current Owner : SPONBERG HANS CURTIS
  • Current Owner 2: SPONBERG SARAH JEAN
  • Previous Owner : ARMSTRONG
  • Previous Owner 2: SHONA
  • Owner Before Previous Owner: ARMSTRONG ERIC
  • Owner Before Previous Owner 2: ARMSTRONG SHONA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Ferndale School District
  • Census Tract: 010600

Zoning

  • Zoning: RS10.5

Geography

  • Account Number: 97966
  • District: FERNDALE 502
  • Parcel: 390228-376378-0000
  • Lot: B
  • Meridian: SEC 28 TWN 39 RNG 02
  • Municipality: FERNDALE 502 C6 L
  • Latitude: 48.8429
  • Longitude: -122.56

    Address

  • Full Address: 5580 Old Settler Dr
  • Address - House Number: 5580
  • Address - Street Name: Old Settler
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Ferndale
  • Carrier Code: R009
  • 4-Digit Zip Code: 8819
  • Zip Code: 98248

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,710
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.2102
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 658,367
  • High Value: 796,805
  • Low Value: 519,930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 27, 2021
  • First Open Lien Mortgage Loan Amount: $520,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $611,522
  • Market Land Value: $231,000
  • Market Improvement Value: $380,522

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611,522
  • Assessed Land Value: $231,000
  • Assessed Improvements Value: $380,522

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 27, 2021
  • Current Sale Transaction ID: 11880297573
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3879
  • Previous Sale Recording Date: Dec 27, 2021
  • Previous Sale Contract Date: Dec 20, 2021
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELLER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Dec 27, 2021
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BETTER MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Dec 27, 2021
  • Previous Mortgage Loan Amount: $520,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

About Ferndale



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Frequently Asked Questions

What neighborhood is 5580 Old Settler Drive located in?
The 5580 Old Settler Drive is a located in the neighborhood of Whatcom in Ferndale, Ferndale.
What is the average sales price for listings in 5580 Old Settler Drive?
The average sales price for units in 5580 Old Settler Drive is $0 currently.

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