2 months on rocket

2041-2047 Salam Loop, Ferndale, WA, 98248

$1,554,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,000 SqFt
$389/SqFt
House

Location

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2041-2047 Salam Loop, Ferndale$1,554,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year Built2022
HeatingZoned, Other
CoolingDuctless
ViewCity, Territorial
MLS #2289577
Lot Size0.13 Acres
StatusActive

About 2041-2047 Salam Loop

Incredible turn-key investment opportunity on the edge of downtown Ferndale! 4 new construction zero lot line townhomes with 2 beds 1.5 baths & deep (1.5 car) garage. Create shop/workout space in back! Highly efficient units feature heat pumps w/AC. Private washer/dryers. Other townhomes in project have a proven track record for rent & low-fee property management available to facilitate everything. Also ideal to live in 1 unit & rent the rest. Building improvements have 7 years of tax exemptions upon completion of project. Versatile investment as these can sell as separate units. More units available in same project. Slated for 8-year tax exemption on building improvements. Walking distance to parks, schools, downtown & close to I-5 access

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Stories: 3
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: John L. Scott Bellingham
  • Office Phone: (360) 671-9640
  • Listing Agent: Paul Balzotti

Interior Features

Interior Information:

  • Flooring Type: Vinyl Plank, Carpet
  • Interior: Wall to Wall Carpet

Exterior Features

Exterior Information:

  • View: City, Territorial
  • Exterior: Cement Planked, Stone, Wood Products

Lot Features

Lot Information:

  • Lot: Curbs, Paved, Sidewalk
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Zoned, Other
  • Cooling: Ductless

Other

Directions Information:

  • Directions: East on Main Street in Ferndale, turn right (north) in front of Ace Hardware, then left on Salam Loop. Show 2009 Salam Loop.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,554,000
  • Price Per SqFt: $389/SqFt
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Housing Market Comparison

See how this home compares to others in Ferndale, WA.

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Ferndale, WA

City

Med. Sold Price

$610.9K

Med. Price/SqFt

$341

Avg. Days On Market

37

# of Sold Homes

32

2041-2047 Salam Loop vs Ferndale

67 DAYS ON ROCKET

+30 Days

$1,554,000

+$943K More

$389/SqFt

+$47 More

KEY TAKEAWAY

This property is $943K more than the Median Sold Price and $47/SqFt more than other homes in Ferndale, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2289577

Listing Office:

  • Office Name: John L. Scott Bellingham
  • Office Phone: (360) 671-9640
  • Listing Agent: Paul Balzotti

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 2:17:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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7.5% / 6.68%

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-453788
4
/10

  • Central Elementary School

  • 5610 2nd Ave

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-453789
4
/10

  • Skyline Elementary School

  • 2225 Thornton St

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-453790
4
/10

  • Cascadia Elementary School

  • 6175 Church Rd

  • 1.52 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,829. The majority of Ferndale, WA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2041-2047 Salam Loop

What is the listing price of this property?

The listing price of 2041-2047 Salam Loop property is $1,554,000.

What type of property is this?

The property 2041-2047 Salam Loop is a house located in Ferndale, Washington, 98248.

Is this property for sale now?

Active Listing: 2041-2047 Salam Loop is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 2041-2047 Salam Loop is 4,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2041-2047 Salam Loop is 2022.

Rocket Homes›Washington›Whatcom County›Ferndale›98248›2041-2047 Salam Loop

This home is located at 2041-2047 Salam Loop in Ferndale, WA and zip code 98248. This 4,000 square foot home, which was built in 2022, sits on a 0.13 acre lot. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $1,554,000.

In October 2024 more than 10 listings in Ferndale, WA were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 9 were sold below. In October 2024 in Ferndale, WA there were 3.6% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $610,950, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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