Listing provided courtesy of RE/MAX Whatcom County, Inc. Bought with Prudential Kelstrup, Inc.
Off Market Jun 2005 for $1.3M
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Studio
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sq ft
2373 Mountain View Rd, Ferndale, WA 98248
About this home
One 2 bdrm, manager/owner unit. 27 one bedroom units and 8 studio units. Grand setting with 5 buildings and lots of parking. Buildings have been updated with low-maintenance vinyl siding. Back portion has been approved for up to 24 more units.
Multi-familyProperty Type
1974Year Built
2.61 acresLot Size
Listed by • RE/MAX Whatcom County, Inc.
Listed by Blake Boatman• RE/MAX Whatcom County, Inc.
Christopher Erdmann • Realogics Sotheby's Int'l Rlty
See all
Provided by Redfin
Sale history for 2373 Mountain View Rd
Date
Event
Price
Jun 2, 2005
Sold (MLS)
NWMLS as Distributed by MLS Grid #25045491
$1,330,000
Apr 1, 2005
Listed
NWMLS as Distributed by MLS Grid #25045491
$1,399,000
Apr 1, 2005
Delisted
NWMLS as Distributed by MLS Grid #25045491
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As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Whatcom County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 12, 2023.
RMM
Residential Multifamily-Medium Density
The main intent of the residential multifamily - medium density (RMM) zone is to provide housing opportunities in a variety of forms at urban densities of between 10 and 30 units per gross acre. The zone has been established in those areas of the City which predominantly consist of legal lots of record of one acre or more, thus enabling a variety of housing forms as well as the establishment of amenities and infrastructure necessary to serve the development, as compared to multifamily development on smaller properties that may have diminished opportunity to plan for or to establish comprehensive developments.; By requiring densities of between 10 and 30 units per gross acre, the medium density zone also acts as a transition zone between single-family residential zones and more dense multifamily, mixed use, or commercial zones.; The site and building design guidelines contained in this chapter are intended to provide applicants with a general description of the City’s expectations for design that will create a safe and attractive sense of place for the community and residents. Substantial flexibility is provided in order for applicants to identify creative, site-specific steps to address these issues.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Senior
Public service
Property details
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Electric Expense: $2,541
Insurance Expense: $6,100
Other Expense: $22,634
Net Operating Income: $109,292
Gross Adjusted Income: 169803
Gross Scheduled Income: $178,740
Total Monthly Income: 14895
Gross Rent Multiplier: 9
Total Expenses: 60511
Multi-Unit Information
Units In Building Total: 36
Vacancy Rate: 5
# of Units (Total): 3
Furnished: Unfurnished
Exterior
Building Information
Roof: Flat
Exterior Features
Exterior Features: Metal/Vinyl
Property Information
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Has View
Land Information
Possible Use: Multi-Family, Residential
Lot Information
Site Features: Cable TV,Deck,Gas Available,Patio
Zoning Jurisdiction: City
Lot Features: Paved
Lot Size Units: Square Feet
Lot Size Acres: 2.61
Lot Size Dimensions: See plat
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $12,288
Tax Year: 2004
Financial Information
Listing Terms: Conventional
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Water Company: City
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: City
Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
Water Sewer Garbage: 16948
Location
HOA Information
Association Fee Frequency: Annually
School Information
Elementary School: Mountain View Elementary
Middle Or Junior High School: Vista Mid
High School: Ferndale High
High School District: Ferndale
Location Information
Directions: Main St West, Left side after change to Mt. View
Community Information
Amenities: Coin Op Laundry,Storage,Thermal Windows
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Whatcom County
APN: —
Home facts updated by county records on Apr 12, 2023
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Friday, April 1, 2005
Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 0
Building Area Total: 0
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Multi Family
Stories Total: 2
Around this home
Schools
Eagleridge Elementary School
Public K-5 • Assigned • 1.2mi
4/10
Horizon Middle School
Public 6-8 • Assigned • 1.2mi
6/10
Ferndale High School
Public 9-12 • Assigned • 0.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 82° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Ferndale, WA • 98248
Average low and high temperatures (°F)
45
36
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52
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60
43
65
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70
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74
56
76
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70
54
58
46
50
42
47
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Dec
Sun exposure
In this area, properties receive around 7.4 hours in
June and 1.8 hours in December, placing it below the
U.S. average for solar exposure.