$1,000,000
SOLD DEC 18, 2024

8306 Portal Way Blaine, WA 98230

7.53 Acres
$132,802 Price per Acre
328,007 Sq Ft Lot

Recently Sold

$531 Per Sq Ft

28% Below List Price

About This Lot

As of December 2024

Here's an outstanding opportunity: Zoned Rural Industrial Manufacturing. Close to the Canadian Border and a major Exit with all-weather roads. It could be ideal for trucking operations, the trucking industry, storage, or just a great business location. Located on I-5 near Exit.270 Buyers are to do their due diligence and verify all information prior to purchase.

Last Agent to Sell the Property

Sam Randhawa

Doug Freeman Real Estate License #24027736 Listed on: 11/08/2023

Last Buyer's Agent

Sam Randhawa

Doug Freeman Real Estate License #24027736 Listed on: 11/08/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2178140

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,028

Lot Details

  • 7.53 Acre Lot
  • Level Lot
  • Zoning described as RIM

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Blaine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4001221103000000

Property Details

Property Type

Land

Est. Annual Taxes

$6,028

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • PropertyFeatures: Brush,Lightly Treed,Partially Cleared
  • Restrictions: No Restrictions
  • Special Features: None

Interior Features

  • Possible Use: Industrial
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: WEST

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Not Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: In Street
  • GasStatus: In Street
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Parcel Number: 4001221103000000
  • Topography: Level
  • Lot Size Acres: 7.53
  • Lot Size Sq Ft: 328007
  • Zoning Description: RIM
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Industrial-Light
  • PublicLandSurvey: 400122

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6027.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Dec 16, 2024
Sold by
Portal Properties Llc
Bought by
Jr Cheema Ltd
Seller's Agent
Sam Randhawa
Doug Freeman Real Estate
Buyer's Agent
Sam Randhawa
Doug Freeman Real Estate
List Price
$1,395,000
Sold Price
$1,000,000
Premium/Discount to List
-$395,000
-28.32%
Views
33

Purchase Details

Listed on
Dec 21, 2020
Closed on
Dec 16, 2021
Sold by
Shen Joseph and Pao Dorothy
Bought by
Portal Properties Llc
Seller's Agent
Paul Holtzheimer
Windermere Real Estate Whatcom
Buyer's Agent
Sam Randhawa
Doug Freeman Real Estate
List Price
$1,200,000
Sold Price
$700,000
Premium/Discount to List
-$500,000
-41.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
May 21, 2007
Sold by
Birch Bay Gardens Inc
Bought by
Shen Joseph P and Pao Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2005
Sold by
Mcmillan Steve and Mcmillan Renee
Bought by
Birch Bay Gardens Inc

Purchase Details

Closed on
May 6, 2005
Sold by
Van Wingerden Portal Properties Llc
Bought by
Mcmillan Steve and Mcmillan Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.02%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 15, 2002
Sold by
Vanwingerden Michael J and Vanwingerden Kathleen J
Bought by
Van Wingerden Portal Properties Llc

Purchase Details

Closed on
Jun 27, 2000
Sold by
Armistead Neil R
Bought by
Vanwingerden Michael J and Vanwingerden Kathleen J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $1,000,000 Chicago Title
Warranty Deed $1,500,000 Chicago Title Bellingham
Warranty Deed $820,280 Chicago Title Insurance
Quit Claim Deed -- --
Warranty Deed $475,600 First American Title Insuran
Quit Claim Deed -- --
Warranty Deed -- Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $615,000 Purchase Money Mortgage
Previous Owner $400,000 Stand Alone First
Closed $75,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2025 09/18/25 For Sale $1,700,000 +70.0% --
12/18/2024 12/18/24 Sold $1,000,000 -22.8% $531 / Sq Ft
09/04/2024 09/04/24 Price Changed $1,295,000 -7.2% $687 / Sq Ft
08/13/2024 08/13/24 For Sale $1,395,000 +39.5% $740 / Sq Ft
08/11/2024 08/11/24 Off Market $1,000,000 -- --
11/08/2023 11/08/23 For Sale $1,395,000 +99.3% $740 / Sq Ft
12/17/2021 12/17/21 Sold $700,000 -36.4% $372 / Sq Ft View Prior Sale
12/03/2021 12/03/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $1,100,000 -8.3% $584 / Sq Ft
12/21/2020 12/21/20 For Sale $1,200,000 -- $637 / 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 $6,018 $891,153 $891,153 --
2023 $6,018 $848,717 $848,717 $0
2022 $6,028 $738,015 $738,015 $0
2021 $6,258 $666,256 $666,256 $0
2020 $6,937 $628,543 $628,543 $0
2019 $5,559 $628,543 $628,543 $0
2018 $7,299 $574,012 $574,012 $0
2017 $6,907 $574,012 $574,012 $0
2016 $6,883 $574,012 $574,012 $0
2015 $7,073 $574,012 $574,012 $0
2014 -- $574,012 $574,012 $0
2013 -- $574,012 $574,012 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2178140

Northwest Multiple Listing Service (NWMLS)

APN: 400122-110300-0000