Listed by RJR Real Estate Inc.
$799,000
$96K PRICE DROP

5739 Vista Dr Ferndale, WA 98248

Estimated payment $4,733/month

Total Views 5,306
6 Beds
3 Baths
3,604 Sq Ft
$222 Price per Sq Ft

Highlights

  • 0.68 Acre Lot
  • No HOA
  • High Efficiency Heating System

About This Home

Development Opportunity; Location excellence -- .68 acre in downtown Ferndale. Whatcom County needs more rentals; City prefers as many units as possible. A minimum of 11-20 additional units.....have some cash flow while you're getting permits with existing large duplex: 3 bdrm/1 ba unit upstairs and 3 bdrm/1 ba unit downstairs; each unit has 1,800 sq ft. Property sits way back off road which allows spacious indoor and outdoor areas for tenants.

Listing Agent

Bill Goldstone

RJR Real Estate Inc. License #123149 Listed on: 04/11/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2357521

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,955

Year Built

  • Built in 1960

Home Design

  • Duplex
  • Block Foundation
  • Built-Up Roof

Interior Spaces

  • 3,604 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 9 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

  • Central Elementary School
  • Vista Mid Middle School
  • Ferndale High School

Additional Features

  • 0.68 Acre Lot
  • High Efficiency Heating System

Community Details

  • No Home Owners Association
  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 390220009051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,955

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1960
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3604
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, See Remarks
  • Total Bedrooms: 6
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Built-Up
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Concrete
  • Exterior Features: Cement/Concrete
  • Foundation Details: Block
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: 90%+ High Efficiency
  • Heating Yn: Yes
  • CableConnected: Comcast
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ferndale
  • High School: Ferndale High
  • Middle Or Junior School: Vista Mid

Lot Info

  • Parcel Number: 390220009051
  • Lot Size Acres: 0.68
  • Lot Size Sq Ft: 29621
  • Zoning Description: Multi-Family,See Remarks
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 16.5
  • LeasedItems: None
  • TotalMonthlyIncome: 4500

Multi Family

  • Gross Scheduled Income: 54000
  • Net Operating Income: 47145
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 3604
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4955

MLS Schools

  • Elementary School: Central Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,544 $660,771 $256,670 $404,101
2023 $4,544 $653,167 $264,608 $388,559
2022 $3,337 $451,040 $194,132 $256,908
2021 $3,361 $372,760 $160,440 $212,320
2020 $3,254 $345,157 $148,559 $196,598
2019 $2,503 $300,622 $129,391 $171,231
2018 $2,919 $274,849 $118,298 $156,551
2017 $2,446 $240,863 $103,670 $137,193
2016 $2,293 $218,331 $45,714 $172,617
2015 $2,300 $205,277 $43,280 $161,997
2014 -- $201,121 $42,297 $158,824
2013 -- $198,564 $41,468 $157,096
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 Price Changed $799,000 -4.8% $222 / Sq Ft
05/26/2025 05/26/25 Price Changed $839,000 -6.3% $233 / Sq Ft
04/11/2025 04/11/25 For Sale $895,000 -- $248 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $515,000 Chicago Title
Quit Claim Deed -- None Listed On Document
Sheriffs Deed -- None Available
Warranty Deed $305,280 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $536,250 Construction
Closed $511,000 Construction
Previous Owner $274,500 Purchase Money Mortgage
Previous Owner $58,000 Credit Line Revolving
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2357521

Northwest Multiple Listing Service (NWMLS)

APN: 390220-009051-0000