$405,000
SOLD FEB 18, 2016

5786 Portal Way Ferndale, WA 98248

-- Bed
-- Bath
3,300 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$123 Per Sq Ft

2% Below List Price

183 Days on Market

Highlights

  • Thermal Windows
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of June 2018

Unique opportunity to invest in an upcoming Ferndale location! This newer (2005) Ferndale Tri-plex
is a very well maintained investment property located just minutes from I5, a very short walk from
Vanderyacht park, and just a block away from the new Ferndale Crossings 25,000 square foot retail
center (featuring Anytime Fitness, Crusin Coffee, and more). This tri-plex features sprinklers,
laminate flooring, washer/dryer in each unit, and nice spaces giving them a homey feel.

Last Agent to Sell the Property

Jason Loeb

Windermere Real Estate Whatcom License #91977 Listed on: 06/08/2015

Windermere Real Estate Whatcom

Last Buyer's Agent

Jason Loeb

Windermere Real Estate Whatcom License #91977 Listed on: 06/08/2015

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 800101

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,166

Year Built

  • Built in 2005

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 126x80
  • Sprinkler System

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Schools

  • Ferndale High School

Utilities

  • High Speed Internet

Community Details

  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902202341190000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,166

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2005
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3300
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 680

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Ferndale
  • WaterCompany: Ferndale
  • WaterSewerGarbage: 3600

Schools

  • Junior High Dist: Ferndale
  • High School: Ferndale High

Lot Info

  • Parcel Number: 3902202341190000
  • Lot Size Acres: 0.21
  • Lot Size: 126x80
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 34656
  • Net Operating Income: 25645
  • Number Of Units Total: 3
  • Insurance Expense: 1044
  • Leasable Area: 3300
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Stocker Shannon A and The Shannon Asche Stocker Livi
Bought by
Portal Way Properties Llc
Current Estimated Value
$941,584

Purchase Details

Closed on
Nov 21, 2018
Sold by
Stocker Shannon
Bought by
Stocker Shannon A and The Shannon Asche Stocker Livi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jun 19, 2018
Sold by
North Star Investing Llc
Bought by
Stocker Shannon
Seller's Agent
Derek Worchel
Best Choice Network LLC
Buyer's Agent
Brent Mcmillan
Windermere Real Estate Whatcom
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

Purchase Details

Listed on
Jun 8, 2015
Closed on
Feb 12, 2016
Sold by
Menenberg 4 Llc
Bought by
North Star Investing Llc
Seller's Agent
Jason Loeb
Windermere Real Estate Whatcom
Buyer's Agent
Jason Loeb
Windermere Real Estate Whatcom
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$324,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2006
Sold by
Snow Clarence and Snow Georgia
Bought by
Menenberg #4 Llc

Purchase Details

Closed on
Jul 7, 2004
Sold by
Dawkins Jean and Dawkins Shirley
Bought by
Snow Clarence and Snow Georgia
Source: Public Records

Range of Values:

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Average Value
Not Available
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

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $454,000 New Conventional
Previous Owner $324,000 Commercial
Previous Owner $320,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $525,000 0.0% $159 / Sq Ft
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
12/09/2015 12/09/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $415,000 -- $126 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

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 $4,576 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 800101

Northwest Multiple Listing Service (NWMLS)

APN: 390220-234119-0000