Seller's Agent in 2024
Cody Stacy
eXp Realty
(360) 519-4028
14 in this area
108 Total Sales
5778 2nd Ferndale, WA 98248
Estimated Value: $808,985
--
Bed
--
Bath
7,326
Sq Ft
$110/Sq Ft
Est. Value
Highlights
- Softwood Flooring
- Forced Air Heating System
- Baseboard Heating
- No HOA
About This Home
As of July 2024A great investment opportunity with major expandability possibilities! 8% Cap Rate! Zoned Urban Residential gives you tons of versatility on highest and best use. Included with the sale is the adjacent lot that is 5,663 sqft. Boasting 7 units in total - five of them are beautiful, fully renovated units, 6th unit just needs some finishing touches. Renovate the store front for even more income. Huge laundry area with coin-op machines and storage units. Use 2 car garage for yourself or rent that too! Tenants will love living right across from Griffintown Park. Walking distance to downtown Ferndale shops, restaurants and Vanderyacht, Pioneer and Hovander Homestead parks!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2227808
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,392
Year Built
- Built in 1900
Lot Details
- 5,663 Sq Ft Lot
Home Design
- Flat Roof Shape
- Stucco
- Wood Composite
Interior Spaces
- 7,326 Sq Ft Home
- 2-Story Property
Flooring
- Softwood
- Laminate
- Ceramic Tile
Parking
- 6 Parking Spaces
- 2 Covered Spaces
- Open Parking
Utilities
- Forced Air Heating System
- Baseboard Heating
Community Details
- No Home Owners Association
- Ferndale Subdivision
Listing and Financial Details
- Assessor Parcel Number 3902201761000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2024
Closed on
Jul 9, 2024
Sold by
Logjam Llc and Garavaglia Marshall
Bought by
Tran Trong Hieu T
Seller's Agent
Cody Stacy
eXp Realty
Buyer's Agent
Cody Stacy
eXp Realty
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,985
Original Mortgage
$400,000
Outstanding Balance
$395,259
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2021
Sold by
Garavaglia Marshall and Garavaglia Keri
Bought by
Logjam Llc
Purchase Details
Listed on
May 8, 2020
Closed on
Sep 29, 2020
Sold by
Carlson Glen
Bought by
Garavaglia Marshall and Garavaglia Ken
Seller's Agent
Mary Kay Robinson
Windermere Real Estate Whatcom
Buyer's Agent
Tommy Mutchler
Real Broker LLC
List Price
$799,000
Sold Price
$575,000
Premium/Discount to List
-$224,000
-28.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tran Trong Hieu T | $800,000 | Whatcom Land Title | |
| Logjam Llc | -- | None Available | |
| Garavaglia Marshall | $575,000 | Chicago Title | |
| Garavaglia Marshall | $9,340,000 | Chicago Title | |
| Garavaglla Marshall | $575,000 | Chicago Title Co Of Wa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tran Trong Hieu T | $400,000 | |
| Previous Owner | Garavaglla Marshall | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2024 07/10/24 | Sold | $800,000 | -3.0% | $109 / Sq Ft | |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- | |
| 04/25/2024 04/25/24 | For Sale | $825,000 | +43.5% | $113 / Sq Ft | |
| 10/02/2020 10/02/20 | Sold | $575,000 | -14.8% | -- | View Prior Sale |
| 09/03/2020 09/03/20 | Pending | -- | -- | -- | |
| 08/06/2020 08/06/20 | Price Changed | $675,000 | -15.5% | -- | |
| 05/08/2020 05/08/20 | For Sale | $799,000 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $4,392 | $631,326 | $195,500 | $435,826 |
| 2023 | $4,392 | $631,326 | $195,500 | $435,826 |
| 2022 | $4,455 | $602,130 | $119,687 | $482,443 |
| 2021 | $4,039 | $497,644 | $98,918 | $398,726 |
| 2020 | $2,495 | $414,704 | $82,432 | $332,272 |
| 2019 | $1,814 | $230,473 | $82,432 | $148,041 |
| 2018 | -- | $199,196 | $54,625 | $144,571 |
Source: Public Records
Agents Affiliated with this Home
-
Cody Stacy
-
Mary Kay Robinson
Seller's Agent in 2020
Mary Kay Robinson
Windermere Real Estate Whatcom
(360) 303-1911
5 in this area
55 Total Sales
-
Tommy Mutchler
Buyer's Agent in 2020
Tommy Mutchler
Real Broker LLC
(360) 296-3794
9 in this area
48 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2227808
APN: 390220-176100-0000
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.
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
Nearby Homes
- 5802 2nd Ave
- 5786 Portal Way
- 5879 Anderson Ave
- 5873 Anderson Ave
- 5863 Cedar St
- 5604 3rd Ave
- 5865 Anderson Ave
- 1991 Alder St Unit 204
- 5829 Vista Dr
- 5861 Malloy Ave
- 2029 Maple St
- 2136 Hawthorne St
- 0 Riverside Dr Unit NWM2356867
- 5685 Correll Dr
- 5675 Rosemary Ave
- 77 xx Portal Way
- 2234 Main St
- 5686 Sunstone Place Unit 101
- 5682 Sunstone Place Unit 103
- 2333 Main St
- 2730 Willard St
- 1975 Willard St
- 5768 2nd Ave
- 1980 Willard St
- 1976 Washington St
- 0 xxx Willard St
- 5764 2nd Ave
- 5792 2nd Ave
- 1972 Beckler Ave
- 1971 Willard St
- 1966 Willard St
- 1962 Willard St
- 5794 2nd Ave
- 1972 Washington St
- 1972 Beckler (Aka Washington St) Ave
- 1959 Willard St Unit 5-9
- 1960 Willard St
- 5752 2nd Ave
- 1966 Washington St
- 5798 2nd Ave