6420 Malloy Rd $479,000

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    6420 Malloy Rd Ferndale, WA 98248

    • 8.55 Acres
    • Vacant Land
    Listing# 1404429 | Active

    $479,000

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    Days On Market: 240 0 Views
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    Property Details

    Investment Opportunity. This parcel is 8.55 acres located within the City Limits of Ferndale. Zoned Residential Single Family 4-7 homes per acre. Prior research showed a possibility of up to 31 new residential building lots. Possible owner financing with $148,000 down, leaving balance of $350,000 at 6% interest. Interest only payments would be $1,750 per month (or more at Buyers option) PLUS a 1188 SQFT Double Wide built in 1991 currently rented at $800 per month.

    • General Features
      • County Whatcom
      • Style 41-Res-Over 1 Acre
      • Property Type VacantLand
      • Gen.Zone Cla Residential
      • Zoning Jurisdiction City
      • County Whatcom
    • Property Features
      • Property Features Pasture Land
      • Topography Level, Sloped
      • Slopes to the: East
      • Lot Sq Ft 372,438
      • Lot Details Paved Street
      • Road Info County Maintained, Paved
      • View Territorial
    • Utilities and Taxes
      • Water Drilled Well
      • Electricity On Property
      • Sewer Available
      • Gas Not Available
      • Tax Year 0
      • Annual Taxes $0
    • Schools
      • School District Ferndale
      • Senior High Ferndale High
      • Junior High Horizon Mid
      • Elementary School Cascadia Elem

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    Neighborhood

    98248 (Ferndale) Demographics

    38Median Age
    327Population Density (per sq. mile)
    36%College Educated
    $62,251 Estimated Median Income
    6,235Estimated Total Home Owners
    2,267Estimated Total Renters
    73% / 27%Estimated Owner / Renter Divide
    0Estimated Average Household Size
    23,163Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $428,500 Median Sales Price
    30 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $479,000
        7/29/2019 3:41:08 PM Price Reduced Source New Value: $479,000 -3.82%
        5/1/2019 2:21:09 PM Status Changed Source New Value: Active
        1/25/2019 11:51:00 AM New in Database Source New Value: $498,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.