Kyle Van Der Velde
van der Velde and Company
(360) 685-1247
150 Total Sales
7 in Ferndale
$423K - $719K Price Range
5778 2nd Ferndale, WA 98248
Ferndale AreaEstimated Value: $808,985
Studio
--
Bath
7,326
Sq Ft
$110/Sq Ft
Est. Value
Highlights
- Softwood Flooring
- Forced Air Heating System
- Wood Siding
- No HOA
- Baseboard Heating
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
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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
- Wood Siding
- Stucco
- Wood Composite
Interior Spaces
- 7,326 Sq Ft Home
- 2-Story Property
Flooring
- Softwood
- Laminate
- Ceramic Tile
Parking
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2024
Closed on
Jul 9, 2024
Sold by
Bought by
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
$392,000
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2021
Sold by
Bought by
Purchase Details
Listed on
May 8, 2020
Closed on
Sep 29, 2020
Sold by
Bought by
Seller's Agent
Mary Kay Robinson
Windermere RE Whatcom, Inc.
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
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ferndale, WA
-
Kyle Van Der Velde
-
Jim Skerjanc
Jim Skerjanc
HomeSmart One Realty
(360) 383-5923
53 Total Sales
1 in Ferndale
$432,000 Price
-
Rick Moore
Rick Moore
eXp Realty
(360) 594-5416
55 Total Sales
1 in Ferndale
$600,000 Price
-
Ashleigh Abhold
Ashleigh Abhold
Responds QuicklyHansen Group Real Estate Inc
(360) 685-8093
131 Total Sales
4 in Ferndale
$290K - $650K Price Range
-
Cody Stacy
Cody Stacy
eXp Realty
(253) 509-7276
114 Total Sales
14 in Ferndale
$345K - $895K Price Range
-
Krista Kenner
Krista Kenner
COMPASS
(206) 258-7440
101 Total Sales
2 in Ferndale
$260K - $436K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $800,000 | Whatcom Land Title | ||
| $313 | None Listed On Document | ||
| -- | None Available | ||
| $575,000 | Chicago Title | ||
| $575,000 | Chicago Title Co Of Wa |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $400,000 | ||
| Previous Owner | $450,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,735 | $637,191 | $201,365 | $435,826 |
| 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
Seller's Agent in 2024
Cody Stacy
eXp Realty
(360) 223-5799
114 Total Sales
-
Mary Kay Robinson
Seller's Agent in 2020
Mary Kay Robinson
Windermere RE Whatcom, Inc.
(360) 303-1911
43 Total Sales
-
Tommy Mutchler
Buyer's Agent in 2020
Tommy Mutchler
Real Broker LLC
(360) 296-3794
44 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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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