NOT LISTED FOR SALE

8362 Portal Way Blaine, WA 98230

Estimated Value: $634,747

5 Acres
$126,381 Price per Acre
218,780 Sq Ft Lot

Last Sold January 31, 2025

Last sale price $475,000 $265 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,896/month

11 Days on Market

About This Lot

As of January 2025

5 ACRES INDUSTRAIL MANUFACTURING with I-5 Visibility: 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 Listed By

Ron Freeman

Doug Freeman Real Estate License #11672 Listed on: 12/12/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2316402

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,356

Year Built

  • 1932

Lot Details

  • 5.02 Acre Lot
  • Lot Dimensions are 344.7' x 634.70'
  • Zoning described as RIM

Property Views

  • Territorial Views

Schools

  • Custer Elementary School
  • Vista Mid Middle School
  • Ferndale High School

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Blaine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4001220353700000

Property Details

Property Type

Land

Est. Annual Taxes

$4,356

Year Built

1932

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
  • SeniorExemption: false
  • PropertyFeatures: Corners Flagged
  • Restrictions: Unknown
  • AssessmentFees: Electric
  • Special Features: None
  • Year Built: 1932
  • Cumulative Days on Market: 170

Interior Features

  • Possible Use: Commercial, Industrial, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,County Right of Way,Paved
  • RoadOnWhichSide: West

Garage/Parking

  • Carport Y N: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ferndale
  • High School: Ferndale High
  • Middle Or Junior School: Vista Mid

Lot Info

  • Parcel Number: 4001220353700000
  • Lot Size Acres: 5.0225
  • Lot Size: 344.7' X 634.70'
  • Lot Size Sq Ft: 218781
  • Zoning Description: RIM
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Legal Description
  • ZoningJurisdiction: County
  • ZoningClass: Commercial,Industrial,Industrial-Light,See Remarks
  • PublicLandSurvey: 22/40/01
  • SlopeComment: level - mostly

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4355.8

MLS Schools

  • Elementary School: Custer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Jan 27, 2025
Sold by
Positive Realism Inc
Bought by
8362 Portal Way Llc
Seller's Agent
Ron Freeman
Doug Freeman Real Estate
Buyer's Agent
paul oglesbee
ONE Realty
List Price
$649,000
Sold Price
$475,000
Premium/Discount to List
-$174,000
-26.81%
Total Days on Market
11
Views
5
Current Estimated Value
$634,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,747
Avg. Annual Appreciation
218.88%

Purchase Details

Listed on
Dec 12, 2024
Closed on
Dec 9, 2024
Sold by
Sihota Kamaljit and Sihota Harneet
Bought by
Positive Realism Inc
Seller's Agent
Ron Freeman
Doug Freeman Real Estate
Buyer's Agent
paul oglesbee
ONE Realty
List Price
$649,000
Sold Price
$475,000
Premium/Discount to List
-$174,000
-26.81%
Views
5

Purchase Details

Closed on
Apr 1, 2015
Sold by
Freeman Ron and Freeman Janine L
Bought by
Sihota Kamaljit and Sihota Harnett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 11, 2007
Sold by
Stewart Ted
Bought by
Stewart Glen

Purchase Details

Closed on
Jul 14, 2006
Sold by
Stewart Glen
Bought by
Stewart Ted

Purchase Details

Closed on
Apr 10, 2001
Sold by
Freeman Ron and Freeman Janine L
Bought by
Wild Carrot Creations Inc and Lulu Island Greenhouses Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8%

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
8362 Portal Way Llc $475,000 Chicago Title
Positive Realism Inc $313 None Listed On Document
Sihota Kamaljit $390,000 Whatcom Land Title Co Inc
Sihota Kamaljit $390,000 Whatcom Land Title
Stewart Glen -- None Available
Stewart Ted -- None Available
Wild Carrot Creations Inc $375,000 Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sihota Kamaljit $775,000
Previous Owner Sihota Kamaljit $350,000
Previous Owner Sihota Kamaljit $300,000
Previous Owner Sihota Kamaljit $350,000
Previous Owner Sihota Kamaljit $300,000
Previous Owner Sihota Kamaljit $290,000
Previous Owner Wild Carrot Creations Inc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $475,000 -26.8% $265 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $649,000 -- $362 / 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 $4,325 $637,496 $637,496 --
2023 $4,325 $607,139 $607,139 $0
2022 $4,085 $527,947 $527,947 $0
2021 $4,234 $446,825 $446,825 $0
2020 $4,689 $421,533 $421,533 $0
2019 $3,765 $421,533 $421,533 $0
2018 $4,919 $384,962 $384,962 $0
2017 $4,657 $384,962 $384,962 $0
2016 $3,983 $384,962 $384,962 $0
2015 $1,423 $329,967 $329,967 $0
2014 -- $394,735 $306,869 $87,866
2013 -- $394,735 $306,869 $87,866
Source: Public Records

Agents Affiliated with this Home

  • Ron Freeman

    Seller's Agent in 2025

    Ron Freeman

    Doug Freeman Real Estate

    (360) 815-8000

    69 Total Sales

    Ron Freeman
    Section Image
  • Sam Randhawa

    Seller Co-Listing Agent in 2025

    Sam Randhawa

    Doug Freeman Real Estate

    (360) 300-0001

    16 Total Sales

    Sam Randhawa
    Section Image

  • p

    Buyer's Agent in 2025

    paul oglesbee

    ONE Realty

    (360) 255-1081

    5 Total Sales

    paul oglesbee
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2316402

Northwest Multiple Listing Service (NWMLS)

APN: 400122-035370-0000

Washington Whatcom County Blaine 98230

8362 Portal Way, Blaine, WA

Homes for Sale in Blaine, WA

This home is located at 8362 Portal Way, Blaine, WA 98230 since 12 December 2024 and is currently estimated at $634,747, approximately $354 per square foot. This property was built in 1932. 8362 Portal Way is a home located in Whatcom County with nearby schools including Custer Elementary School, Horizon Middle School, and Ferndale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.