Listed by ONE Realty, Bought with Windermere RE Whatcom, Inc.
NOT LISTED FOR SALE

Estimated Value: $583,743 - $741,000

3 Beds
2 Baths
2,365 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2018

Last sale price $415,000 $175 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,850 / mo

1 Day on Market

Highlights

  • Deck
  • Thermal Windows
  • Property is in very good condition
  • Territorial View
  • High Speed Internet
  • Partially Fenced Property

About This Home

As of July 2018

3 bedroom, 2 bath units. Sharp newer duplex in great condition. Just blocks away from the border crossing and Peace Arch Park. Tenants pay all utilities and maintain the yard. Both units are below market rent of $1,300 per month. With monthly rent increased to $1,300 per unit, the cap rate increases to 6.00 %! Walking distance to downtown Blaine, post office, stores, etc. This is a perfect fit for owner to occupy one unit and rent out the other!

Last Agent to Sell the Property

David Simms

ONE Realty License #29080 Listed on: 06/15/2018

Last Buyer's Agent

Jason Loeb

Windermere RE Whatcom, Inc. License #91977

Windermere RE Whatcom, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1312147

Northwest Multiple Listing Service (NWMLS)

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 2005

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 75 x 130
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,365 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Blaine Elementary School
  • Blaine Mid Middle School
  • Blaine High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Blaine Condos
  • Blaine Subdivision

Listing and Financial Details

  • Legal Lot and Block 17,18,19 / 3
  • Assessor Parcel Number 415136539239

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,354

Year Built

Built in 2005

Lot Details

9,750 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2005
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Blaine
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 2365
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Blaine city
  • WaterCompany: Blaine city

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Blaine
  • High School: Blaine High
  • Middle Or Junior School: Blaine Mid

Lot Info

  • Parcel Number: 415136539239
  • Lot Size Acres: 0.2238
  • Lot Size: 75 x 130
  • Lot Size Sq Ft: 9750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 17,18,19

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2350

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2354

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Blaine Elem

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 24, 2018
Sold by
Bought by
Seller's Agent
David Simms
ONE Realty
Buyer's Agent
Jason Loeb
Windermere RE Whatcom, Inc.
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$642,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,186
Avg. Annual Appreciation
5.59%
Original Mortgage
$221,925
Outstanding Balance
$189,112
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$453,074

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 20, 2018
Sold by
Bought by
Seller's Agent
David Simms
ONE Realty
Buyer's Agent
Jason Loeb
Windermere RE Whatcom, Inc.
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,925
Outstanding Balance
$189,112
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$453,074

Purchase Details

Closed on
Feb 18, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,920
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2004
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$415,000 Whatcom Land Title
$403,500 Whatcom Land Title
$274,900 First American Title Ins
$34,000 First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $221,925
Closed $249,000
Previous Owner $219,920
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/26/2018 07/26/18 Sold $415,000 0.0% $175 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $415,000 -- $175 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,837 $569,177 $162,560 $406,617
2024 $3,794 $563,541 $160,950 $402,591
2023 $3,794 $563,541 $160,950 $402,591
2022 $3,361 $507,695 $145,000 $362,695
2021 $3,205 $385,118 $107,341 $277,777
2020 $3,050 $334,885 $93,340 $241,545
2019 $2,840 $306,667 $85,475 $221,192
2018 $2,640 $278,682 $77,675 $201,007
2017 $2,354 $233,207 $65,000 $168,207
2016 $2,368 $233,207 $65,000 $168,207
2015 $2,320 $226,355 $55,204 $171,151
2014 -- $216,615 $52,828 $163,787
2013 -- $214,253 $52,250 $162,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1312147

Northwest Multiple Listing Service (NWMLS)

APN: 415136-539239-0000

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