NOT LISTED FOR SALE

Estimated Value: $582,000 - $605,000

0.3 Acre
$1,978,107 Price per Acre
13,068 Sq Ft Lot

Last Sold February 04, 2022

Last sale price $65,000

Est. 841% increase in value since last sale

Current estimated payment $3,452/month

16 Days on Market

Highlights

  • Waterfront Community
  • Clubhouse
  • Territorial View
  • Community Boat Launch
  • Secluded Lot
  • Tennis Courts

About This Lot

As of February 2022

Attention builders. this plug and go lot has power, water and sewer in the street. This lovely buildable lot in the desirable resort of Port Ludlow! Surrounded by lovely upscale homes and a natural environment, easy access to miles of walking trails. Private community water is available for $500, electricity is on the street. Sewer hook up fee is $15,000. Just a short walk to the waterfront Beach clubhouse with indoor/outdoor pools, tennis & pickleball courts, gym, marina, restaurants, community parks and public beaches. World-class, champion golf course is just 3 miles away. Whatever your interests or hobbies are, you're likely to find it here. Water and Sewer by Olympic Water and Sewer.

Last Agent to Sell the Property

Tim Horvath

RE/MAX FIRST Inc Port Ludlow License #130032 Listed on: 12/11/2021

Last Buyer's Agent

Tim Horvath

RE/MAX FIRST Inc Port Ludlow License #130032 Listed on: 12/11/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1871790

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $262

Lot Details

  • 0.3 Acre Lot
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Zoning described as MPR-SF-4

HOA Fees

  • $60 Monthly HOA Fees

Schools

  • Chimacum Mid Middle School
  • Chimacum High School

Additional Features

  • Territorial Views
  • Sewer in Street

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 990700048

Community Details

Overview

  • Association fees include common area maintenance
  • Port Ludlow #3 Condos
  • North Bay Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts
  • Community Playground
  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$262

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Port Ludlow #3
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens,Heavily Forested
  • Restrictions: CC&R,NO Manufactured Homes
  • Special Features: None
  • Cumulative Days on Market: 1,293

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Corner Lot, Paved, Secluded
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved,Privately Maintained
  • WaterJurisdiction: Olympic Water & Sewer

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: In Street
  • Water Source: Available, In Street, See Remarks
  • Electricity On Property: Yes
  • Utilities: Common Area Maintenance, Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignApplied: false
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Club House, Community Waterfront/Pvt Beach, Park, Playground, Tennis Courts, Trail(s)
  • Senior Community: No
  • Association Fee: 719
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Junior High Dist: Chimacum #49
  • High School: Chimacum High
  • Middle Or Junior School: Chimacum Mid

Lot Info

  • Parcel Number: 990700048
  • Topography: Level,Sloped
  • Lot Size Acres: 0.3
  • Lot Size: 157x88 Approx
  • Lot Size Sq Ft: 13068
  • Zoning Description: MPR-SF-4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 48

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 262

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Ferguson And Cole Inc
Bought by
Nancy Ann Petrucela Family Trust and Petrucela
Current Estimated Value
$611,598

Purchase Details

Closed on
Sep 20, 2023
Sold by
Forsberg Gina N and Forsberg Chaz W
Bought by
Ferguson And Cole Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.49%
Mortgage Type
New Conventional
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
Nancy Ann Petrucela Family Trust $585,000 Pacific Northwest Title
Ferguson And Cole Inc $80,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson And Cole Inc $350,000
Previous Owner Ferguson And Cole Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $65,000 -3.0% --
12/27/2021 12/27/21 Pending -- -- --
12/22/2021 12/22/21 For Sale $67,000 0.0% --
12/12/2021 12/12/21 Pending -- -- --
12/11/2021 12/11/21 For Sale $67,000 -- --
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 $520 $60,000 $60,000 $0
2022 $341 $60,000 $60,000 $0
2021 $262 $32,500 $32,500 $0
2020 $255 $22,500 $22,500 $0
2019 $236 $20,700 $20,700 $0
2018 $246 $18,900 $18,900 $0
2017 $249 $18,000 $18,000 $0
2016 $301 $18,000 $18,000 $0
2015 $583 $23,000 $23,000 $0
2014 -- $48,588 $48,588 $0
2010 -- $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1871790

Northwest Multiple Listing Service (NWMLS)

APN: 990700048