Listed by CENTURY 21 North Homes Realty
$675,000
$24K PRICE DROP

5861 Malloy Ave Ferndale, WA 98248

Estimated payment $4,131/month

Total Views 12,708
6 Beds
4 Baths
3,284 Sq Ft
$206 Price per Sq Ft

Highlights

  • Mountain View
  • No HOA
  • High Speed Internet
  • Wood Flooring
  • Patio
  • Partially Fenced Property

About This Home

Discover this one of a kind Ferndale home, a versatile multi-family investment with a freshly painted exterior and new carpet, offering 3,284 sqft of living space! The property includes a main house with 3 bedrooms, 1 bath, original oak floors, a kitchen, dining room, living room with a wood fireplace, and a laundry room, alongside a separate living space with 3 bedrooms, 1.75 baths, a second kitchen, and a living room - perfect for maximizing rental potential. Both spaces feature dual front entries and share a back door through the laundry room, with the option to block off for privacy. Set on a .25 acre lot with fruit trees and garden sheds, this home is ideally located near Ferndale High School, downtown, and the Nooksack River.

Listing Agent

Traci Cypher

CENTURY 21 North Homes Realty License #87573 Listed on: 05/21/2025

CENTURY 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2379596

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,750

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,284 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Skyline Elementary School
  • Vista Mid Middle School
  • Ferndale High School

Utilities

  • High Speed Internet

Community Details

  • No Home Owners Association
  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902195582150000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,750

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1955
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3284
  • Special Features: VirtualTour
  • Cumulative Days on Market: 71

Interior Features

  • Possible Use: Residential
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Ferndale
  • WaterCompany: City of Ferndale
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ferndale
  • High School: Ferndale High
  • Middle Or Junior School: Vista Mid

Lot Info

  • Parcel Number: 3902195582150000
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Assessor Sketch

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 22.5
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 30000
  • Net Operating Income: 24116
  • Number Of Units Total: 2
  • Insurance Expense: 1132
  • Leasable Area: 3284
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4749.66

MLS Schools

  • Elementary School: Skyline Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,334 $633,319 $201,663 $431,656
2023 $4,334 $622,954 $207,900 $415,054
2022 $3,312 $447,634 $112,356 $335,278
2021 $3,336 $369,944 $92,856 $277,088
2020 $3,229 $342,550 $85,980 $256,570
2019 $2,484 $298,351 $74,886 $223,465
2018 $2,897 $272,773 $68,466 $204,307
2017 -- $239,044 $60,000 $179,044
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $675,000 -3.4% $206 / Sq Ft
05/21/2025 05/21/25 For Sale $699,000 -- $213 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $308,280 Whatcom Land Title
Quit Claim Deed -- None Available
Warranty Deed $160,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Closed $302,421 FHA
Previous Owner $260,000 Unknown
Previous Owner $195,000 Fannie Mae Freddie Mac
Previous Owner $14,500 Stand Alone Second
Previous Owner $128,000 No Value Available
Closed $15,000 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2379596

Northwest Multiple Listing Service (NWMLS)

APN: 390219-558215-0000