Almost new townhome, ideal for investment, or for yourself! Located in a quiet setting off back off of the main street, yet walk-able to all of downtown Ferndale amenities, parks & schools. Features include hard-to-find 2 car garage, low maintenance vinyl plank flooring & efficient heat pumps upstairs w/A/C. Floor plan includes 1 bed 1 bath on main floor (plumbed for kitchenette as well) & 2 bed 2 baths up. These are residential townhomes (no HOA!) that can be purchased individually or as a tri-plex. This is a low maintenance lifestyle for living in, or an amazing investment. Property tax exemption on development & current rents offer excellent cash flow! Rents raising to reach a 6.0% cap rate.
Sold
Listed by:
Paul Balzotti,
John L. Scott Bellingham
Bought with: COMPASS
$455,000
2055 Salam Loop, Ferndale, WA 98248
3beds
1,595sqft
Single Family Residence
Built in 2021
3,920.4 Square Feet Lot
$504,500 Zestimate®
$285/sqft
$2,624 Estimated rent
Home value
$504,500
$479,000 - $530,000
$2,624/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 24, 2023 at 03:25pm
Listed by:
Paul Balzotti,
John L. Scott Bellingham
Bought with:
Galen Hirss, 111047
COMPASS
Source: NWMLS,MLS#: 2038723
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Heating
- Heat Pump
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher_, Dryer, GarbageDisposal_, Refrigerator_, StoveRange_, Washer, Dishwasher, Garbage Disposal, Refrigerator, StoveRange, Water Heater Location: Garage
Features
- Bath Off Primary
- Flooring: Vinyl Plank, Carpet
- Windows: Double Pane/Storm Window
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,595
- Total interior livable area: 1,595 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window
- Has view: Yes
- View description: Territorial
Lot
- Size: 3,920 sqft
- Features: Curbs, Dead End Street, Paved, Cable TV, Deck, High Speed Internet, Patio
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 390220003038000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cement Planked, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2021
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Ferndale
- Water: Public, Company: City of Ferndale
- Utilities for property: Comcast, Comcast
Community & neighborhood
Location
- Region: Ferndale
- Subdivision: Ferndale
Other
Other facts
- Listing terms: Assumable,Cash Out,Conventional,FHA,State Bond,USDA Loan,VA Loan
- Cumulative days on market: 776 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2023 | Sold | $455,000-3.7%$285/sqft |
Source:  NWMLS #2038723 | ||
| 3/13/2023 | Pending sale | $472,500$296/sqft |
Source: NWMLS #NWM2038723 | ||
| 2/23/2023 | Listed for sale | $472,500-81.7%$296/sqft |
Source: NWMLS #2038723 | ||
| 6/3/2021 | Sold | $2,575,000$1,614/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,365 +9.7% | $448,547 +1.7% |
| 2023 | $3,068 +261.9% | $440,836 +328% |
| 2022 | $848 +43.5% | $102,993 +56% |
Find assessor info on the county website
Neighborhood: 98248
Nearby schools
GreatSchools rating
- 3/10Central Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Vista Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Ferndale High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- High: Ferndale High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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