NOT LISTED FOR SALE

2009 Salam Loop Ferndale, WA 98248

Estimated Value: $385,000 - $399,000

2 Beds
1.5 Baths
1,000 Sq Ft
$392/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $390,000 $390 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,401/month

Highlights

  • New Construction
  • Deck
  • No HOA
  • City View
  • Property is near public transit
  • 1 Car Attached Garage

About This Home

As of May 2024

Incredible turn-key opportunity on the edge of downtown Ferndale. New construction zero lot line townhome with 2 beds 1.5 baths, 2 decks & deep (nearly 2 car) garage. Space for a car, plus workshop/storage in back. Highly efficient units feature heat pumps w/ AC. Private washer/dryers. Building improvements have 8 year tax exemption, so you only pay taxes on the land! Walking distance to parks, schools, downtown & close to I-5 access. Owner appliances upgrade package available OR seller will way $4,000 towards interest rate buy-down. Excellent to live in OR rent as a high income & low maintenance investment! No HOA.

Last Agent to Sell the Property

Paul Balzotti

John L. Scott Bellingham License #52322 Listed on: 05/01/2024

John L. Scott Bellingham

Last Buyer's Agent

Syed Hashimi

RE/MAX Whatcom County, Inc. License #23008579

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2233156

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $695

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,485 Sq Ft Lot
  • Street terminates at a dead end
  • Zero Lot Line

Parking

  • 1 Car Attached Garage

Property Views

  • City
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,000 Sq Ft Home
  • Multi-Level Property
  • Electric Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3902200240150000

Community Details

Overview

  • No Home Owners Association
  • Ferndale Subdivision

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$695

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 32 - Townhouse
  • Year Built: 2022
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: Yes
  • CalculatedSquareFootage: 1000
  • SeniorExemption: false
  • NewConstruction: Under Construction
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet, Double Pane/Storm Window
  • Living Area: 1000
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1000
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Ferndale
  • WaterCompany: City of Ferndale
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Parcel Number: 3902200240150000
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3485
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2023
  • Tax Annual Amount: 695

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Apr 23, 2024
Sold by
4Th Street Apartments Llc
Bought by
Jit Investments Llc
Seller's Agent
Paul Balzotti
John L. Scott Bellingham
Buyer's Agent
Syed Hashimi
RE/MAX Whatcom County, Inc.
List Price
$390,000
Sold Price
$390,000
Total Days on Market
0
Views
3
Current Estimated Value
$392,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,379
Avg. Annual Appreciation
0.55%
Original Mortgage
$175,000
Outstanding Balance
$173,334
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$219,045

Purchase Details

Closed on
May 28, 2021
Sold by
Baya Pip Xv Llc
Bought by
4Th Street Apartments Llc
Source: Public Records

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Range of Values:

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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
Jit Investments Llc $390,000 Whatcom Land Title
4Th Street Apartments Llc $2,574,984 Whatcom Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jit Investments Llc $175,000
Closed 4Th Street Apartments Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $390,000 0.0% $390 / Sq Ft
05/01/2024 05/01/24 For Sale $390,000 -- $390 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

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 $2,478 $360,208 $137,498 $222,710
2023 $2,478 $355,894 $141,750 $214,144
2022 $645 $84,267 $84,267 $0
2021 $584 $72,000 $72,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2233156

Northwest Multiple Listing Service (NWMLS)

APN: 390220-024015-0000