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Exterior
Entry Way
Bedroom
Living
Other
Bath
Kitchen

2171 Siddle Loop, Ferndale, WA 98248

$1,351,000

Last sold 09/27/2024 for $1.3M

—
bed
—
bath
4,324
Sqft ($301/Sqft)

House not for sale

About 2171 Siddle Loop

Property type House

Neighborhood

Year built 2020

HOA fee $0/month

Lot size 8,712 Sqft

Movoto estimate

Property description

Constructed in 2020, this four-plex presents a prime investment opportunity. Each unit features two bedrooms, two bathrooms, mini-split AC units, and a full washer and dryer. Additionally, every unit comes with an attached one-car garage with direct home entry and its own balcony. The property across the street, also a four-plex, is available for purchase as well. Situated in Ferndale, the location offers convenient access to the I-5 freeway and Main St.

Listed by

Listing Agent - Ronda Karn

Listing Office - RE/MAX Whatcom County, Inc.

Source: NWMLS

MLS#2284716 • last updated 2 years ago

Movoto checked NWMLS for data 10 minutes ago

Overview
Cooling/AC	Ductless HP-Mini Split
Levels/Style	Quadruplex
MLS #	2284716
SubType	Multi-Family
Type	Residential Income
SqFt	4324
Status	Sold
Lot Size (SqFt)	8712
Lot Size (Acres)	0.2
Property Tax	7576
Buying Office	John L. Scott Bellingham
Year Built	2020
Buying Office Phone	360-671-9640

Interior
Flooring	Vinyl Plank

Exterior
Roof	Composition
# Open Parking Spaces	9
# Covered Spaces	4
# Parking Spaces	13
# Uncovered Spaces	9
Exterior Features	Cement Planked

Amenities / Utilities
Sewer/ Septic	Available
Power Production: Type	Electric

Location
County	Whatcom
Subdivision	Ferndale
Area	870 - Ferndale/Custer
High School District	Ferndale
APN	3902194720900000
Zoning	Multi-Family

Multifamily Details
Net Operating Income	73955
Capitalization Rate	5.3
Expense: Insurance	2049
Gross Scheduled Income	91980
Gross Adjusted Income	73955
Total Expenses	18025
Gross Rent Multiplier	15.22
Nwm_Totalmonthlyincome	7665
Vacancy Rate	2

$1.35M

Range: $1.2M-$1.49M

Last 30 days

Rental est.: $2,022/month

• Gross rent multiplier: 53.6

Lower your payment with the loan terms that fit you.

Sep 2024
Public Records
Sep 27, 2024 Sold
$1,300,000
Sep 2024
MLS # 2284716
Sep 27, 2024 Sold
$1,300,000 (-7.1%)
Sep 6, 2024 Pending
—
Aug 30, 2024 Listed
$1,400,000 (+400.0%)
Aug 2019
Public Records
Aug 2, 2019 Sold
$280,000 (-13.8%)
May 2019
MLS # 1461013
May 21, 2019 Listed
$325,000
May 2019
MLS # 1408391
May 14, 2019 Price Change
$325,000 (-7.1%)
Mar 28, 2019 Price Change
$350,000 (-12.5%)
Feb 12, 2019 Price Change
$400,000 (-16.3%)
Feb 4, 2019 Listed
$478,000 (+99.2%)
Apr 2017
MLS # 977789
Apr 28, 2017 Sold
$240,000
Feb 20, 2017 Listed
—
Sep 5, 2016 Pending
—
Sep 2, 2016 Listed
—
Aug 22, 2016 Pending
—
Jul 19, 2016 Listed
$240,000
Jul 18, 2016 Listed
$240,000

Year Property taxes Tax assessment
2025
$9,001 +10.3%

$1,201,401 +10.26%
2024
$8,163 +2.7%

$1,089,567 +12.24%
2023
$7,948

$970,765

2171 Siddle Loop
$1.3M
870 - Ferndale/custer
—
98248
$679K -5% y/y
Ferndale
$682K -5% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2179 Siddle St, Ferndale, WA 98248	$483,000	3/2	1,184	0.05
2150 Washington St, Ferndale, WA 98248	$365,000	2/1	710	0.05
2152 Washington St, Ferndale, WA 98248	$549,000	3/1	1,586	0.06
2185 Siddle St, Ferndale, WA 98248	$504,000	3/1	1,260	0.06
2144 Washington St, Ferndale, WA 98248	$634,000	4/1	1,968	0.07
2174 Siddle St, Ferndale, WA 98248	$654,000	4/2	1,977	0.07
2178 Siddle St, Ferndale, WA 98248	$632,000	3/2	1,838	0.07
2170 Siddle St, Ferndale, WA 98248	$652,000	3/2	2,006	0.07

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.