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1973 Somerset St

Ferndale, WA 98248

2 bd 1 ba 668 sqft Built 1929 Lot 8,712 sqft single_family
Most recent sale
$359,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $359,000 MLS #1964045
Jul 7, 2022 Listed $369,000 MLS #1964045
Nov 23, 2016 Sold $166,000 MLS #1028835
Sep 14, 2016 Listed $162,500 MLS #1028835
Oct 9, 2007 Sold $159,000 Public Record
Sep 12, 2005 Sold $152,000 Public Record
Oct 7, 1992 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $129,226 $213,400 $342,626 $2,821
2025 $129,226 $213,400 $342,626 $2,567
2024 $123,638 $220,000 $343,638 $2,392
2023 $114,465 $112,356 $226,821 $1,860
2022 $94,599 $92,856 $187,455 $1,678
2021 $87,594 $85,980 $173,574 $1,690
2020 $87,594 $85,980 $173,574 $1,636
2019 $76,291 $74,886 $151,177 $1,259
2018 $69,751 $68,466 $138,217 $1,468
2017 $61,126 $60,000 $121,126 $1,174
2016 $46,906 $57,876 $104,782 $1,104
2015 $44,020 $54,794 $98,814 $1,106
2014 $43,158 $53,550 $96,708 $1,113
2013 $42,688 $52,500 $95,188 $1,100
2012 $42,688 $52,500 $95,188 $1,040
2011 $42,688 $52,500 $95,188 $1,200
2010 $44,892 $66,420 $111,312 $1,233
2009 $45,005 $81,000 $126,005 $1,229
2008 $45,005 $81,000 $126,005 $1,286

Property facts

Year built
1929
Property type
single_family
Stories
Beds
2
Baths
1
Living area
668 sqft
Lot size
8,712 sqft
ZIP code
98248
City
Ferndale
Street
Somerset St
Coordinates
48.85192, -122.58878

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,536
Gross rental yield
5.13%
Implied cap rate
3.34%
Trend-extrapolated value

Frequently asked questions

When did 1973 Somerset St last sell?
1973 Somerset St most recently sold on Aug 15, 2022 for $359,000.
What is the current tax assessment for 1973 Somerset St?
The most recent total assessment for 1973 Somerset St (year 2026) is $342,626 with $2,821 in property tax.
How does 1973 Somerset St's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $359,000.
When was 1973 Somerset St built?
1973 Somerset St was built in 1929.
How does 1973 Somerset St compare to others on Somerset St?
We track 4 other properties on Somerset St. Browse the list under "Other properties on Somerset St" to compare beds, baths, and sale history.
What are the property facts for 1973 Somerset St?
1973 Somerset St is a 2 bed, 1 bath, 668 sqft, 8,712 sqft lot single_family.
Is 1973 Somerset St a flip candidate?
No — 1973 Somerset St does not appear in our flips dataset.
Is 1973 Somerset St a tax-appeal candidate?
No — 1973 Somerset St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.2%
2026 Q3
$676.5K
2026 Q4
$674.4K
ZIP 98248 — Median Price History + Forecast

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