Listed by Windermere RE Whatcom, Inc., Bought with Windermere RE Whatcom, Inc.
NOT LISTED FOR SALE

5889 Cedar St Ferndale, WA 98248

Estimated Value: $618,776 - $872,000

3 Beds
3 Baths
2,720 Sq Ft
$274/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $510,000 $188 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,195/month

292 Days on Market

Highlights

  • Territorial View
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Thermal Windows

About This Home

As of September 2020

Ideal 1031 Solution. Newer Ferndale duplex with spacious 3 bedroom, 2.5 bath, 2-story units. 3 identical duplexes available. This is the GREEN Bldg. Buy one or all 3. Each on their own lot and priced the same. Great Opportunity. Units have large kitchens and living rooms on main floor and all bedrooms up. Washer/Dryer units included.Nice fenced yard areas and 2 designated parking spaces per unit. All units are month to month leases.

Last Agent to Sell the Property

Kurt Swanson

Windermere RE Whatcom, Inc. License #21247 Listed on: 10/04/2019

Windermere RE Whatcom, Inc.

Co-Listed By

Brad Howell

Windermere RE Whatcom, Inc. License #114717

Last Buyer's Agent

Jacson Bevens

Windermere RE Whatcom, Inc. License #127233

Windermere RE Whatcom, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1527869

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,635

Year Built

  • Built in 2008

Lot Details

  • 6,534 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Ferndale Subdivision

Listing and Financial Details

  • Tax Lot Lot D
  • Assessor Parcel Number 390220-252267

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,635

Year Built

Built in 2008

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2008
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2720
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Ferndale
  • WaterCompany: City of Ferndale

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Parcel Number: 390220-252267
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Outbuildings
  • MLSLotSizeSource: assessor
  • ZoningClass: Multi-Family
  • LotNumber: Lot D

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3635

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2022
Sold by
Cedar Park Living Llc
Bought by
Resg Homes Llc
Current Estimated Value
$746,194

Purchase Details

Listed on
Oct 4, 2019
Closed on
Sep 18, 2020
Sold by
Michael Andes
Bought by
Cedar Park Living Llc
Seller's Agent
Kurt Swanson
Windermere RE Whatcom, Inc.
Buyer's Agent
Jacson Bevens
Windermere RE Whatcom, Inc.
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$382,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2019
Closed on
Aug 21, 2020
Sold by
Walkup and Karen
Bought by
Andes Michael
Seller's Agent
Kurt Swanson
Windermere RE Whatcom, Inc.
Buyer's Agent
Jacson Bevens
Windermere RE Whatcom, Inc.
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2007
Sold by
Jeffrey Sean and Jeffrey Angie
Bought by
Walkup Lee and Walkup Karen

Purchase Details

Closed on
Jun 21, 2006
Sold by
Friberg Family Llc
Bought by
Jeffrey Sean and Jeffrey Angie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Resg Homes Llc -- Chicago Title
Cedar Park Living Llc $10,000 Andes Michael
Cedar Park Llc $10,000 None Listed On Document
Cedar Park Living Lcl -- None Available
Cedar Park Llc -- None Available
Andes Michael $8,183,000 Whatcom Land Title
Andes Michael $386,125 Whatcom Land Title Co Inc
Andes Michael $510,000 Whatcom Land Title
Walkup Lee $90,280 First American Title Insuran
Jeffrey Sean $85,280 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andes Michael $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $510,000 -4.1% $188 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
01/30/2020 01/30/20 Price Changed $532,000 -1.3% $196 / Sq Ft
10/04/2019 10/04/19 For Sale $539,000 -- $198 / 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 $4,256 $569,206 $203,700 $365,506
2024 $3,894 $567,388 $203,700 $363,688
2023 $3,894 $559,700 $210,000 $349,700
2022 $3,727 $503,805 $117,974 $385,831
2021 $3,755 $416,367 $97,499 $318,868
2020 $3,635 $385,534 $90,279 $295,255
2019 $2,796 $335,789 $78,630 $257,159
2018 $3,261 $307,001 $71,889 $235,112
2017 $2,872 $269,040 $63,000 $206,040
2016 $2,691 $256,273 $46,301 $209,972
2015 $2,699 $240,889 $43,835 $197,054
2014 -- $236,034 $42,840 $193,194
2013 -- $233,092 $42,000 $191,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1527869

Northwest Multiple Listing Service (NWMLS)

APN: 390220-252267-0000

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