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2232 Lancaster Way

Ferndale, WA 98248

3 bd 2 ba 1,535 sqft Built 2002 Lot 15,682 sqft single_family
Most recent sale
$600,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $600,000 MLS #1922735
May 12, 2022 Listed $565,000 MLS #1922735
Jul 15, 2011 Sold $245,000 Public Record
May 24, 2011 Listing removed $247,500 NWMLS
Apr 29, 2011 Listed $247,500 MLS #214773
Sep 23, 2002 Sold $218,839 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $303,707 $168,053 $471,760 $3,906
2025 $303,707 $168,053 $471,760 $3,527
2024 $290,573 $173,250 $463,823 $3,228
2023 $308,142 $140,445 $448,587 $3,675
2022 $254,662 $116,070 $370,732 $3,318
2021 $235,804 $107,475 $343,279 $3,343
2020 $205,379 $93,608 $298,987 $3,236
2019 $187,771 $85,583 $273,354 $2,489
2018 $164,553 $75,000 $239,553 $2,903
2017 $166,686 $68,349 $235,035 $2,633
2016 $156,431 $64,709 $221,140 $2,470
2015 $153,367 $63,240 $216,607 $2,476
2014 $151,698 $62,000 $213,698 $2,497
2013 $151,698 $62,000 $213,698 $2,469
2012 $151,698 $62,000 $213,698 $2,334
2011 $156,673 $66,420 $223,093 $2,404
2010 $157,065 $81,000 $238,065 $2,329
2009 $157,065 $81,000 $238,065 $2,322
2008 $162,155 $81,000 $243,155 $2,482

Property facts

Year built
2002
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,535 sqft
Lot size
15,682 sqft
ZIP code
98248
City
Ferndale
Street
Lancaster Way
Coordinates
48.86921, -122.60299

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,531
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 2232 Lancaster Way last sell?
2232 Lancaster Way most recently sold on May 27, 2022 for $600,000.
What is the current tax assessment for 2232 Lancaster Way?
The most recent total assessment for 2232 Lancaster Way (year 2026) is $471,760 with $3,906 in property tax.
How does 2232 Lancaster Way's assessment compare to its last sale price?
The current assessment is 21.4% below the last sale price of $600,000.
When was 2232 Lancaster Way built?
2232 Lancaster Way was built in 2002.
How does 2232 Lancaster Way compare to others on Lancaster Way?
We track 8 other properties on Lancaster Way. Browse the list under "Other properties on Lancaster Way" to compare beds, baths, and sale history.
What are the property facts for 2232 Lancaster Way?
2232 Lancaster Way is a 3 bed, 2 bath, 1,535 sqft, 15,682 sqft lot single_family.
Is 2232 Lancaster Way a flip candidate?
No — 2232 Lancaster Way does not appear in our flips dataset.
Is 2232 Lancaster Way a tax-appeal candidate?
No — 2232 Lancaster Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.2%
2026 Q3
$676.5K
2026 Q4
$674.4K
ZIP 98248 — Median Price History + Forecast

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