NOT LISTED FOR SALE

0 24th & Gibbs-Parcel 987300702 Port Townsend, WA 98368

Estimated Value: $38,000

0.23 Acre
$165,217 Price per Acre
10,019 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $37,500

Est. 1% increase in value since last sale

Current estimated payment $231/month

16 Days on Market

About This Lot

As of February 2024

This expansive 10,000sqft level treed lot, nestled in an established Port Townsend neighborhood, presents a rare opportunity for those with vision and ambition. Imagine the possibilities as you embark on crafting a haven within the lush surroundings of mature trees. The canvas is yours to design, with ample space for innovative architectural concepts. This blank slate eagerly awaits your touch to bring forth a thoughtfully planned community or a unique residential retreat. Zoned R-III multi-family, it offers a wide variety of potential development options. Road and utility extension will be needed. With proximity to town amenities, this parcel is ideal for development now or add it to your portfolio for future use.

Last Agent to Sell the Property

Abbie Little

Bell Tower Brokers License #123641 Listed on: 02/05/2024

Last Buyer's Agent

Tim Horvath

RE/MAX FIRST Inc Port Ludlow License #130032

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2197039

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $236

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Zoning described as R-III

Schools

  • Salish Coast Elementary School
  • Blue Heron Mid Middle School
  • Port Townsend High School

Community Details

  • No Home Owners Association
  • Phoenix Addition Condos
  • Hamilton Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 & 2 / 7
  • Assessor Parcel Number 987300702

Property Details

Property Type

Land

Est. Annual Taxes

$236

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: PHOENIX ADDITION
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Evergreens,Heavily Forested
  • Restrictions: No Restrictions
  • Special Features: None
  • Cumulative Days on Market: 505

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Road Surface Type: See Remarks
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: See Remarks
  • WaterJurisdiction: City of Port Townsend

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: Available
  • GasStatus: Not Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Port Townsend #50
  • High School: Port Townsend High
  • Middle Or Junior School: Blue Heron Mid

Lot Info

  • Parcel Number: 987300702
  • Lot Size Acres: 0.23
  • Lot Size: 100x100
  • Lot Size Sq Ft: 10019
  • Zoning Description: R-III
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 1 & 2

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 236

MLS Schools

  • Elementary School: Salish Coast Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Feb 29, 2024
Sold by
Cochrane Geneva R
Bought by
Cochrane Andrew P
Seller's Agent
Abbie Little
Bell Tower Brokers
Buyer's Agent
Tim Horvath
RE/MAX FIRST Inc Port Ludlow
List Price
$75,000
Sold Price
$37,500
Premium/Discount to List
-$37,500
-50%
Views
17
Current Estimated Value
$38,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500

Purchase Details

Listed on
Feb 5, 2024
Closed on
Feb 28, 2024
Sold by
Rayne Savannagh K
Bought by
Cochrane Andrew P
Seller's Agent
Abbie Little
Bell Tower Brokers
Buyer's Agent
Tim Horvath
RE/MAX FIRST Inc Port Ludlow
List Price
$75,000
Sold Price
$37,500
Premium/Discount to List
-$37,500
-50%
Views
17

Purchase Details

Closed on
Nov 16, 2020
Sold by
Sloan Stephen E H and Sloan Betty Lou
Bought by
Rayne Savannagh K
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
Cochrane Andrew P $313 Jefferson Title Company
Cochrane Andrew P $37,500 Jefferson Title Company
Rayne Savannagh K $16,875 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $37,500 -50.0% --
02/21/2024 02/21/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $75,000 -- --
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
2023 $236 $22,500 $22,500 $0
2022 $212 $22,500 $22,500 $0
2021 $218 $18,563 $18,563 $0
2020 $204 $18,563 $18,563 $0
2019 $185 $16,875 $16,875 $0
2018 $195 $16,875 $16,875 $0
2017 $184 $15,750 $15,750 $0
2016 $178 $15,750 $15,750 $0
2015 $175 $15,750 $15,750 $0
2014 -- $15,750 $15,750 $0
2010 -- $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2197039

Northwest Multiple Listing Service (NWMLS)

APN: 987300702