5786 Portal Way Ferndale, WA 98248
Estimated payment $5,534/month
Highlights
- No HOA
- High Speed Internet
- Carpet
- Patio
- Property is Fully Fenced
About This Home
Welcome to 5786 Portal Way, a multi-family Tri-Plex situated in Ferndale boasting 2 bed/2 bath and over 3,300 total sqft. Each unit has all appliances including W/D. Interior is in fantastic condition. Ample parking and ZERO vacancy over a 6 year current ownership. Fantastic tenants who are individually metered and fire sprinkled. Tenants cover their own utilities. Rents are under market value and leases available upon request. Close to Ferndale bus lines and amenities. Take advantage of recent interest rate drops, today!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2376574
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,014
Year Built
- Built in 2006
Lot Details
- 9,583 Sq Ft Lot
- Property is Fully Fenced
- Sprinkler System
Home Design
- Triplex
- Poured Concrete
- Composition Roof
- Metal Construction or Metal Frame
- Vinyl Construction Material
Interior Spaces
- 3,304 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 5 Parking Spaces
- Open Parking
Outdoor Features
- Patio
Utilities
- Heating System Mounted To A Wall or Window
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Ferndale Subdivision
Listing and Financial Details
- Assessor Parcel Number 3902202341190000
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,576 | $668,689 | $213,400 | $455,289 |
| 2023 | $4,576 | $657,778 | $220,000 | $437,778 |
| 2022 | $4,629 | $625,634 | $140,445 | $485,189 |
| 2021 | $4,662 | $517,052 | $116,070 | $400,982 |
| 2020 | $4,514 | $478,764 | $107,475 | $371,289 |
| 2019 | $3,472 | $416,989 | $93,608 | $323,381 |
| 2018 | $4,049 | $381,241 | $85,583 | $295,658 |
| 2017 | $3,367 | $334,099 | $75,000 | $259,099 |
| 2016 | $3,157 | $300,529 | $69,451 | $231,078 |
| 2015 | $3,166 | $282,614 | $65,753 | $216,861 |
| 2014 | -- | $276,873 | $64,260 | $212,613 |
| 2013 | -- | $273,300 | $63,000 | $210,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $965,000 | 0.0% | $292 / Sq Ft | |
| 08/31/2025 08/31/25 | Off Market | $965,000 | -- | -- | |
| 05/15/2025 05/15/25 | For Sale | $965,000 | +83.8% | $292 / Sq Ft | |
| 06/29/2018 06/29/18 | Sold | $525,000 | 0.0% | $159 / Sq Ft | View Prior Sale |
| 06/08/2018 06/08/18 | Pending | -- | -- | -- | |
| 06/04/2018 06/04/18 | For Sale | $525,000 | +29.6% | $159 / Sq Ft | |
| 02/18/2016 02/18/16 | Sold | $405,000 | -2.4% | $123 / Sq Ft | View Prior Sale |
| 12/09/2015 12/09/15 | Pending | -- | -- | -- | |
| 06/08/2015 06/08/15 | For Sale | $415,000 | -- | $126 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance | |
| Warranty Deed | $525,000 | Chicago Title Inc | |
| Warranty Deed | $405,000 | Whatcom Land Title | |
| Warranty Deed | $475,280 | Stewart Title Company | |
| Warranty Deed | $80,000 | First American Title Insuran |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $454,000 | New Conventional | |
| Previous Owner | $324,000 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2376574
APN: 390220-234119-0000
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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.
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