Listed by Windermere RE North, Inc., Bought with John L. Scott Bellingham
NOT LISTED FOR SALE

627 F St Blaine, WA 98230

Estimated Value: $885,000 - $1,000,522

8 Beds
8 Baths
4,368 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $596,000 $136 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,400/month

7 Days on Market

Highlights

  • Deck
  • Patio
  • Wall to Wall Carpet

About This Home

As of March 2019

Townhouse style fourplex in convenient location only 2 minutes from the border. Within easy walking and biking distance to parks, schools, downtown and marina. All units are approx 1092 sq ft with 2 bedrooms and a bathroom upstairs and open floor-plan living downstairs. Semi-private backyard space off alley and space for each unit to park 2 cars off-street in front. Opportunity to Cash Flow and an amazing owner-occupied purchase! Second building also available MLS #1406196

Last Agent to Sell the Property

Tracie Gulit

Windermere RE North, Inc. License #113006 Listed on: 02/05/2019

Windermere RE North, Inc.

Last Buyer's Agent

Sarah Colin

John L. Scott Bellingham License #27889

John L. Scott Bellingham

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1406128

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1994

Lot Details

  • 0.34 Acre Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 4,368 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Blaine Mid Middle School
  • Blaine High School

Community Details

  • Blaine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 410131139064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,984

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1994
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4368
  • SOCComments: Thank you for your hard work!
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Blaine
  • WaterCompany: Blaine
  • WaterSewerGarbage: 550

Schools

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

Lot Info

  • Parcel Number: 410131139064
  • Lot Size Acres: 0.3444
  • Lot Size Sq Ft: 15002
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 4680

Multi Family

  • Gross Scheduled Income: 53760
  • Net Operating Income: 47626
  • Number Of Units Total: 4
  • Insurance Expense: 1600
  • Leasable Area: 4368
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3984

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Feb 27, 2019
Sold by
Blaine Investments Llc
Bought by
Blakley Brandon E
Seller's Agent
Tracie Gulit
Windermere RE North, Inc.
Buyer's Agent
Sarah Colin
John L. Scott Bellingham
List Price
$575,000
Sold Price
$596,000
Premium/Discount to List
$21,000
3.65%
Current Estimated Value
$937,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,381
Avg. Annual Appreciation
7.07%
Original Mortgage
$580,656
Outstanding Balance
$507,557
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$429,824

Purchase Details

Closed on
May 23, 2018
Sold by
Moler Lloyd W and The Lloyd Moler Trust
Bought by
Blaine Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2014
Sold by
Branstiter John R
Bought by
Chase Robert and Chase Lingyun Zhu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.89%
Mortgage Type
Commercial
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
Blakley Brandon E $596,000 Whatcom Land Title
Blaine Investments Llc $1,185,000 Chicago Title Ins
Chase Robert $70,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blakley Brandon E $580,656
Previous Owner Blaine Investments Llc $1,185,000
Previous Owner Chase Robert $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $596,000 +3.7% $136 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $575,000 -- $132 / 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 $5,340 $793,407 $199,800 $593,607
2023 $5,340 $793,407 $199,800 $593,607
2022 $5,073 $714,781 $180,000 $534,781
2021 $4,838 $581,303 $165,140 $416,163
2020 $4,604 $505,481 $143,600 $361,881
2019 $4,287 $462,888 $131,500 $331,388
2018 $3,984 $420,647 $119,500 $301,147
2017 $3,553 $352,006 $100,000 $252,006
2016 $3,639 $352,006 $100,000 $252,006
2015 $3,566 $347,905 $66,244 $281,661
2014 -- $332,936 $63,393 $269,543
2013 -- $329,306 $62,700 $266,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1406128

Northwest Multiple Listing Service (NWMLS)

APN: 410131-139064-0000