Listed by Keller Williams Western Realty, Bought with Epique Realty
NOT LISTED FOR SALE

251 & 261 9th St Blaine, WA 98230

Estimated Value: $454,387 - $513,000

2 Beds
1 Bath
1,596 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $480,000 $301 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,801/month

76 Days on Market

Highlights

  • No HOA
  • Wall to Wall Carpet
  • 1-Story Property
  • Patio

About This Home

As of May 2023

Stunning duplex in the heart of Blaine just a short drive to Canada or to Bellingham. Perfect for that investor looking for a cash-flowing property or great for that first-time home buyer looking to move in this summer. Each side of the property is 2 bed 1 bath and is currently rented out for over $1,400 a month. Each unit is equipped with a washer/ dryer so no need for going to the laundry mat. Tenants enjoy plenty of parking with 3 spots per side. With a cap rate of over 5 percent, this one is not going to last long. Each side has tenants that are paying market value and want to stay.

Last Agent to Sell the Property

Kathryn Sentinella

Keller Williams Western Realty License #111054 Listed on: 02/02/2023

Keller Williams Western Realty

Co-Listed By

Ben Kinney

Keller Williams Western Realty License #24329

Last Buyer's Agent

CeCelia Breivik

Epique Realty License #133678

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2029800

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,148

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in good condition

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Twin Cedars Lla Condos
  • Blaine Subdivision

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 4101312441680000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,148

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Twin Cedars Lla
  • New Construction: No
  • CalculatedSquareFootage: 1596
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: City of Blaine
  • SewerCompany: City of Blaine
  • WaterCompany: City of Blaine
  • WaterSewerGarbage: 3600

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Blaine

Lot Info

  • Parcel Number: 4101312441680000
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • MLSLotSizeSource: Realist
  • LotNumber: B

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2885

Multi Family

  • Gross Scheduled Income: 34620
  • Net Operating Income: 25494
  • Number Of Units Total: 2
  • Insurance Expense: 1600
  • Leasable Area: 1800
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Triple T Holding Co Llc
Bought by
Skyline 9 Llc
Current Estimated Value
$487,097

Purchase Details

Listed on
Feb 2, 2023
Closed on
Apr 26, 2023
Sold by
Okwudire Towela and Okwudire Chinedum
Bought by
Triple T Holding Co Llc
Seller's Agent
Kathryn Sentinella
Keller Williams Western Realty
Buyer's Agent
CeCelia Breivik
Epique Realty
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%

Purchase Details

Closed on
Sep 14, 2022
Sold by
Chilson Family Living Trust
Bought by
Okwudire Towela and Okwudire Chinedum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,125
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2006
Sold by
Sayler Kimberly Ann
Bought by
Sayler Bruce

Purchase Details

Closed on
Jul 22, 2003
Sold by
806 D Street Llc
Bought by
Fredin Pete and Fredin Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Skyline 9 Llc $313 None Listed On Document
Triple T Holding Co Llc -- Whatcom Land Title
Okwudire Towela -- Whatcom Land Title
Sayler Bruce -- Chicago Title Insurance
Sayler Bruce $205,280 Chicago Title Insurance
Fredin Pete $139,900 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okwudire Towela $325,125
Previous Owner Fredin Pete $111,920
Closed Fredin Pete $27,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $480,000 -5.7% $301 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/29/2023 03/29/23 Price Changed $509,000 -1.2% $319 / Sq Ft
02/20/2023 02/20/23 Price Changed $515,000 +6.2% $323 / Sq Ft
02/20/2023 02/20/23 For Sale $485,000 0.0% $304 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $485,000 -- $304 / 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 $2,630 $390,416 $155,400 $235,016
2023 $2,630 $390,416 $155,400 $235,016
2022 $2,719 $351,726 $140,000 $211,726
2021 $2,049 $246,143 $99,084 $147,059
2020 $1,949 $214,037 $86,160 $127,877
2019 $1,815 $196,002 $78,900 $117,102
2018 $1,687 $178,116 $71,700 $106,416
2017 $1,504 $149,051 $60,000 $89,051
2016 $1,421 $149,051 $60,000 $89,051
2015 $1,392 $135,800 $50,185 $85,615
2014 -- $129,956 $48,025 $81,931
2013 -- $128,538 $47,500 $81,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2029800

Northwest Multiple Listing Service (NWMLS)

APN: 410131-244168-0000