Sold635d on marketHistoric · 126 yrs
5778 2nd Avenue
Ferndale, WA, 98248 • 98248 • Whatcom County
$800,000
$109/sqft
7,326Sqft
0.13 acLot
1900Built
Property DNA
Character Home
Built 1900 · 126 years of history
Ferndale
98248
Outdoor Living
Ceramic Tile · Fir/Softwood · Laminate Hardwood
Ceramic Tile & Softwood Floors
Quality flooring throughout
This home is in high demand
Listed 635 days ago · 1 views · Top 10% likely to sell soon
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
635 days on market
Established listing
$109/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 10% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1900 · Historic
A great investment opportunity with major expandability possibilities! 8% Cap Rate! Zoned Urban Residential gives you tons of versatility on highest and best use. Included with the sale is the adjacent lot that is 5,663 sqft. Boasting 7 units in total - five of them are beautiful, fully renovated units, 6th unit just needs some finishing touches. Renovate the store front for even more income. Huge laundry area with coin-op machines and storage units. Use 2 car garage for yourself or rent that too! Tenants will love living right across from Griffintown Park. Walking distance to downtown Ferndale shops, restaurants and Vanderyacht, Pioneer and Hovander Homestead parks!
Estimated monthly payment
Based on current rates
$4,979/month
Principal & Interest$3,912
Property Tax$800
Insurance$267
Down payment20% ($160,000)
3%50%
Est. 6.18% rate · 30yr fixed · $640,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1900
HeatingBaseboard, Forced Air, Electric, Natural Gas
CoolingNone
Parking2 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionFair
Year built1900
Systems
HeatingBaseboard, Forced Air, Electric, Natural Gas
CoolingNone
RoofFlat
ConstructionStucco, Wood Products
Water / SewerPublic, Company: City of Ferndale / Sewer Connected, Company: City of Ferndale
Parking & Outdoor
ParkingOpen
Lot5,662 sqft
Location & Tax
Neighborhood98248
Annual tax$4,392
Parcel3902201770970000
Features & details
6 categories of property features
Interior Features
Flooring
Ceramic Tile
Softwood
Laminate
Heating
Baseboard
Forced Air
Electric
Natural Gas
Cooling
None
Exterior Features
Parking
Open
Construction
Stucco
Wood Products
Patio & Porch
Ceramic Tile
Fir/Softwood
Laminate Hardwood
Listing insights
Market data and value estimates
StatusSold
Days on market635
Est. rent$3,286/mo
Tax rate0.70%
Price/sqft$109
On marketJul 5, 2024
PostedApr 25, 2024
Last sold$800,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
Views1
How are the schools in Ferndale?
3 schools rated nearby
Location
Ferndale, WA, 98248
Price history
9 events
DateEventPrice$/sqftSource
Jul 10, 2024Sold$800,000$109NWMLS as distributed by MLS GRID
Apr 30, 2024Pending Sale$825,000$113NWMLS as distributed by MLS GRID
Apr 25, 2024Listed For Sale$825,000$113NWMLS as distributed by MLS GRID
Oct 2, 2020Sold$575,000$78NWMLS as distributed by MLS GRID
Sep 4, 2020Pending Sale$675,000$92Windermere Real Estate/Whatcom, Inc.
Aug 6, 2020Price Change$675,000$92Windermere Real Estate/Whatcom, Inc.
Jul 6, 2020Listed For Sale$799,000$109Windermere Real Estate/Whatcom, Inc.
Jun 2, 2020Pending Sale$799,000$109Windermere Real Estate/Whatcom, Inc.
May 9, 2020Listed For Sale$799,000$109Windermere Real Estate/Whatcom, Inc.
Sold$800,000
Jul 10, 2024•$109/sqft•NWMLS as distributed by MLS GRID
Pending Sale$825,000
Apr 30, 2024•$113/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$825,000
Apr 25, 2024•$113/sqft•NWMLS as distributed by MLS GRID
Sold$575,000
Oct 2, 2020•$78/sqft•NWMLS as distributed by MLS GRID
Pending Sale$675,000
Sep 4, 2020•$92/sqft•Windermere Real Estate/Whatcom, Inc.
Price Change$675,000
Aug 6, 2020•$92/sqft•Windermere Real Estate/Whatcom, Inc.
Listed For Sale$799,000
Jul 6, 2020•$109/sqft•Windermere Real Estate/Whatcom, Inc.
Pending Sale$799,000
Jun 2, 2020•$109/sqft•Windermere Real Estate/Whatcom, Inc.
Listed For Sale$799,000
May 9, 2020•$109/sqft•Windermere Real Estate/Whatcom, Inc.
Tax history
5 years of records
YearTax paidAssessed value
Apr 7, 2017—$253,821
Apr 7, 2016$3,076$245,760
Apr 7, 2015$2,745$245,760
Apr 7, 2014$2,745$245,760
Apr 7, 2013$2,810$245,760
Nearby homes
Neighborhood details
Local context around this listing
Ferndale, WA • Whatcom County
Nearby cities
AcmeBellinghamBlaineCusterDemingFerndaleLyndenMaple Falls
Nearby zip codes
98248
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 07:43:27 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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