Listed by Hammer Properties NW Inc., Bought with Hansen Group Real Estate Inc
NOT LISTED FOR SALE

5751 Sterling Ave Ferndale, WA 98248

6 Beds
6 Baths
4,790 Sq Ft
0.34 Acres

Last Sold February 21, 2012

Last sale price $317,500 $66 Per Sq Ft

43 Days on Market

Highlights

  • Corner Lot
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • Disabled Access
  • Wood Siding
  • 1-Story Property

About This Home

As of February 2012

Well kept & maintained 7-plex. Cosy garden - style apts. Walking distance to downtown & busline. All 1-bed 1-bath units, extremely low vacancy rates. This complex is a 10-cap +$160/mo from laundry not in the cap rate. $5,000/yr maintenance is an estimate.

Last Agent to Sell the Property

Brett Nichols

Hammer Properties NW Inc. License #26069 Listed on: 12/19/2011

Last Buyer's Agent

Jon Hansen

Hansen Group Real Estate Inc License #7746

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 304220

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 1977

Lot Details

  • 0.34 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

  • Slab Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 4,790 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Additional Features

  • Disabled Access
  • Cable TV Available

Community Details

  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902195220670000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,645

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Accessibility Features: Other
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 4790
  • SOCComments: Short Sale. bk ct needs to appv of sale.
  • Special Features: None
  • Cumulative Days on Market: 372

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Playground

Exterior Features

  • Roof: Torch Down
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Ferndale
  • WaterCompany: Ferndale
  • WaterSewerGarbage: 1300

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Parcel Number: 3902195220670000
  • Lot Size Acres: 0.3382
  • Lot Size Sq Ft: 14732
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Disabled Access,Fenced-Fully
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 43500

Multi Family

  • Gross Scheduled Income: 41580
  • Net Operating Income: 30437
  • Number Of Units Total: 7
  • Insurance Expense: 1200
  • Leasable Area: 4790
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2011
  • Tax Annual Amount: 3645

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

Property History

Date Event Price Change Sq Ft Price
02/21/2012 02/21/12 Sold $317,500 +2.4% $66 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $310,000 -- $65 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Brett Nichols

    Hammer Properties NW Inc.

    Section Image
  • Jon Hansen

    Buyer's Agent in 2012

    Jon Hansen

    Hansen Group Real Estate Inc

    (360) 224-7443

    9 in this area

    174 Total Sales

    Jon Hansen
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 304220

Northwest Multiple Listing Service (NWMLS)
Washington Whatcom County Ferndale 98248

5751 Sterling Ave, Ferndale, WA

This home is located at 5751 Sterling Ave, Ferndale, WA 98248 since 19 December 2011. This property was built in 1977. 5751 Sterling Ave is a home located in Whatcom County with nearby schools including Central Elementary School, Vista Middle School, and Ferndale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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