Listed by Windermere Real Estate Co., Bought with RE/MAX Whatcom County, Inc.
NOT LISTED FOR SALE

5875 Cedar St Ferndale, WA 98248

1 Bed
5 Baths
7,405 Sq Ft
7,405 Sq Ft Lot

Last Sold December 31, 2024

Last sale price $450,000 $61 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 1-Story Property
  • Concrete Flooring

About This Home

As of December 2024

Investor Special in Ferndale! This 5-plex is a diamond in the rough, ready for your vision and expertise. Down to the studs, it offers a rare opportunity to design and finish a multi-family property exactly to your specifications. With no permits yet pulled, you're free to customize the layout and finishes. Units are at various stages of completion, giving you flexibility to maximize value. Great for savvy investors looking to increase rental income. Don’t miss this chance to create something special!

Last Agent to Sell the Property

Jamin Glenn-harrison

Windermere Real Estate Co. License #78822 Listed on: 10/29/2024

Windermere Real Estate Co.

Co-Listed By

Tracie Gulit

Windermere RE North, Inc. License #113006

Last Buyer's Agent

Chris Edwards

RE/MAX Whatcom County, Inc. License #135039

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2306414

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,832

Year Built

  • Built in 1976

Lot Details

  • 7,405

Home Design

  • Fixer Upper
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 7,405 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Open Parking

Additional Features

  • 7,405 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902202452480000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,832

Year Built

Built in 1976

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7405
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Concrete
  • Interior Amenities: Concrete
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, See Remarks
  • Property Condition: Fixer
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Ferndale
  • WaterCompany: City of Ferndale

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Parcel Number: 3902202452480000
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: WCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3832

Multi Family

  • Number Of Units Total: 5
  • EnergySource: Electric
  • UnitsBelowGrade: false
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $450,000 0.0% $61 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $450,000 -- $61 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2025 $4,131 $439,291 $238,774 $200,517
2024 $3,832 $550,689 $238,774 $311,915
2023 $3,832 $550,689 $238,774 $311,915
2022 $3,378 $456,602 $234,588 $222,014
2021 $2,964 $377,358 $193,875 $183,483
2020 $2,867 $304,320 $156,350 $147,970
2019 $2,216 $264,856 $136,075 $128,781
2018 $2,949 $243,300 $125,000 $118,300
2017 $2,787 $243,300 $125,000 $118,300
2016 $2,778 $248,703 $132,500 $116,203
2015 $2,683 $248,703 $132,500 $116,203
2014 -- $234,625 $125,000 $109,625
2013 -- $234,625 $125,000 $109,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2306414

Northwest Multiple Listing Service (NWMLS)
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