Listed by Windermere Real Estate Whatcom, Bought with HomeSmart One Realty
NOT LISTED FOR SALE

5724 Sterling Ave Ferndale, WA 98248

Estimated Value: $443,000 - $504,000

2 Beds
1.5 Baths
1,229 Sq Ft
$383/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $420,000 $342 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,798/month

55 Days on Market

Highlights

  • 0.66 Acre Lot
  • Fruit Trees
  • Property is near public transit
  • Craftsman Architecture
  • Mountain View
  • Wood Flooring

About This Home

As of June 2022

This is a golden opportunity to invest in this great property and get up to five more parcels to build mountain view townhomes. The value is in the land, but the 2 bed/1.5 bath house of 1229 sf finished (and 1229 sf basement is unfinished) is also in good shape and it does have original character. The services are all in the street and this property is in a growing area just West of Downtown Ferndale near shopping, restaurants, the library, and schools. The land has a gentle slope to the South so these homes could be staggered a bit and there is plenty of room for an easement (see attached photo). It was too close to the PO and Library to fly a drone but hopefully you get the lay of the land and mountain views.

Last Agent to Sell the Property

Lynda Hinton

Windermere Real Estate Whatcom License #24074 Listed on: 02/24/2022

Windermere Real Estate Whatcom

Last Buyer's Agent

Amar Singh

HomeSmart One Realty License #128287

HomeSmart One Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1893541

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,056

Year Built

  • Built in 1940

Lot Details

  • 0.66 Acre Lot
  • West Facing Home
  • Partially Fenced Property
  • Sloped Lot
  • Fruit Trees
  • Property is in good condition
  • Zoning described as RO

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,229 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Room
  • Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Water Heater
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902195500280000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,056

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1940
  • Inclusions: Dishwasher,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2458
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,190

Interior Features

  • Fireplaces: 1
  • Basement: Finished
  • Appliances: Dishwasher, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Concrete, Hardwood, Wall to Wall Carpet, Dining Room, High Tech Cabling, Water Heater
  • Living Area: 1229
  • Main Level Bedrooms: 2
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1229
  • SquareFootageUnfinished: 1229
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected, Wood
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: City Of Ferndale
  • WaterCompany: City Of Ferndale
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ferndale
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3902195500280000
  • Topography: Sloped
  • Land Lease: No
  • Lot Size Acres: 0.66
  • Lot Size: Irregular
  • Lot Size Sq Ft: 28750
  • Zoning Description: RO
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3056

Multi Family

  • EnergySource: Natural Gas,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
Baldwin Beverlery R and Baldwin Beverly
Bought by
Baldwin Bevelry R and Jack N Baldwin Trust
Current Estimated Value
$471,050

Purchase Details

Closed on
Mar 17, 1999
Sold by
Baldwin Beverly
Bought by
Baldwin Beverly
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baldwin Bevelry R -- None Available
Baldwin Beverly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sterling Ave Multifamily Llc $4,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $420,000 -39.6% $342 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $695,000 0.0% $566 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $695,000 -- $566 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,009 $285,468 $285,468 --
2023 $3,009 $432,269 $294,297 $137,972
2022 $3,034 $410,124 $187,260 $222,864
2021 $3,056 $338,945 $154,760 $184,185
2020 $2,959 $313,846 $143,300 $170,546
2019 $2,276 $273,350 $124,810 $148,540
2018 $2,654 $249,916 $114,110 $135,806
2017 $2,407 $219,013 $100,000 $119,013
2016 $2,260 $214,803 $85,987 $128,816
2015 $2,265 $202,300 $81,409 $120,891
2014 -- $198,083 $79,560 $118,523
2013 -- $195,233 $78,000 $117,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1893541

Northwest Multiple Listing Service (NWMLS)

APN: 390219-550028-0000