NOT LISTED FOR SALE

1045 Mary Ave Blaine, WA 98230

Estimated Value: $549,000 - $755,000

3 Beds
3 Baths
2,570 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $699,000 $272 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,797/month

116 Days on Market

Highlights

  • Deck
  • Engineered Wood Flooring
  • Thermal Windows
  • Territorial View
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2023

Attention Investors! Don't miss out on this incredible duplex opportunity that could be the perfect addition to your investment portfolio. Located in the sought-after heart of Blaine, this property offers a range of enticing features. Safe and quiet neighborhood with nice walkability. Well maintained, with owner having a scheduled maintenance plan during ownership. Very desired floor plan w/ 3 BR/2 bath on each side, fireplace, & washer dryer. Very large, shared yard with privacy fencing between units & garden space backing onto forested greenbelt. Offering a strong 6.5% cap rate, this duplex is a rare find! Minutes from downtown, Blaine Schools, enjoyment of ocean views, and Canadian Border.

Last Agent to Sell the Property

Erika Buse

COMPASS License #125354 Listed on: 03/25/2023

COMPASS

Last Buyer's Agent

Erika Buse

COMPASS License #125354 Listed on: 03/25/2023

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2048953

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,706

Year Built

  • Built in 2004

Lot Details

  • 8,712 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • High Efficiency Heating System

Community Details

  • No Home Owners Association
  • Blaine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 114405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,706

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2004
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2570
  • Special Features: None
  • Cumulative Days on Market: 471

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Engineered Hardwood, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, High Efficiency (Unspecified)
  • Heating Yn: Yes
  • PowerCompany: City of Blaine
  • SewerCompany: City of Blaine
  • WaterCompany: City of Blaine
  • CableConnected: comcast
  • WaterSewerGarbage: 1068

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Blaine

Lot Info

  • Parcel Number: 114405
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: assessor
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6.8
  • LeasedItems: Furnace/Burner,Washer/Dryer,Water Tank
  • TotalMonthlyIncome: 3900

Multi Family

  • Gross Scheduled Income: 55200
  • Net Operating Income: 47284
  • Number Of Units Total: 2
  • Insurance Expense: 1038
  • Leasable Area: 2570
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
Aug 10, 2023
Sold by
Foote-Garrison Jonathan
Bought by
Chahal Amanjodh Singh and Chahal Ravneet Kaur
Seller's Agent
Erika Buse
COMPASS
Buyer's Agent
Erika Buse
COMPASS
List Price
$759,000
Sold Price
$699,000
Premium/Discount to List
-$60,000
-7.91%
Views
128
Current Estimated Value
$641,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,014
Avg. Annual Appreciation
-2.23%
Original Mortgage
$676,520
Outstanding Balance
$665,327
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$3,361

Purchase Details

Listed on
Mar 28, 2017
Closed on
May 15, 2017
Sold by
Thomasson Brian and Thomasson Ashley
Bought by
Foote Garrison Jonathan
Seller's Agent
Brian Thomasson
HomeSmart One Realty
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$402,573
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2011
Sold by
Anderson Paul N and Anderson Julie A
Bought by
Thomasson Brian and Thomasson Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Hillview Builders Inc
Bought by
Anderson Paul N and Anderson Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,100
Interest Rate
5.14%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 4, 2003
Sold by
Carter Everitt Llc
Bought by
Hillview Builders Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Chahal Amanjodh Singh $689,000 Chicago Title
Foote Garrison Jonathan $410,000 Whatcom Land Title Co Inc
Thomasson Brian $253,280 Stewart Title Company
Anderson Paul N -- Whatcom Land Title
Hillview Builders Inc -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chahal Amanjodh Singh $676,520
Closed Chahal Amanjodh Singh $676,520
Previous Owner Foote Garrison Jonathan $402,573
Previous Owner Thomasson Brian $204,000
Previous Owner Thomasson Brian $202,400
Previous Owner Anderson Paul N $186,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $699,000 0.0% $272 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $699,000 -1.4% $272 / Sq Ft
06/19/2023 06/19/23 Price Changed $709,000 -1.4% $276 / Sq Ft
06/02/2023 06/02/23 Price Changed $719,000 -1.4% $280 / Sq Ft
04/21/2023 04/21/23 Price Changed $729,000 -4.0% $284 / Sq Ft
03/25/2023 03/25/23 For Sale $759,000 +85.1% $295 / Sq Ft
05/18/2017 05/18/17 Sold $410,000 +2.5% $160 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $400,000 -2.4% $156 / Sq Ft
04/07/2017 04/07/17 Off Market $410,000 -- --
04/07/2017 04/07/17 For Sale $400,000 -- $156 / 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 $3,585 $532,396 $160,950 $371,446
2023 $3,585 $532,396 $160,950 $371,446
2022 $3,243 $479,636 $145,000 $334,636
2021 $3,093 $371,634 $99,084 $272,550
2020 $2,943 $323,160 $86,160 $237,000
2019 $2,741 $295,930 $78,900 $217,030
2018 $2,547 $268,925 $71,700 $197,225
2017 $2,271 $225,042 $60,000 $165,042
2016 $2,368 $225,042 $60,000 $165,042
2015 $2,320 $226,357 $56,207 $170,150
2014 -- $216,617 $53,788 $162,829
2013 -- $214,255 $53,200 $161,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2048953

Northwest Multiple Listing Service (NWMLS)

APN: 400106-272120-0000