NOT LISTED FOR SALE

0 Rainier & 7th St Unit 1886943 Port Townsend, WA 98368

Estimated Value: $483,000

2.35 Acres
$205,532 Price per Acre
102,366 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $400,000

Est. 21% increase in value since last sale

Current estimated payment $2,700/month

Highlights

  • 2.35 Acre Lot
  • No HOA
  • Open Space
  • Territorial View

About This Lot

As of July 2022

Terrific opportunity for two parcels in the new Howard Street corridor! Multitude of uses both commercial & residential, and street frontage for great visibility from both Sims Way and Discovery Road. Stub outs in place for city water and sewer. Electrical vault on site makes these lots ready for use! Zoned CII-S Rainier Street/ Upper Sims Sub-Area- See PTMC Chapter 17.31

Last Agent to Sell the Property

Michelle Sandoval

Windermere R.E. Port Townsend License #43646 Listed on: 02/15/2022

Windermere R.E. Port Townsend

Last Buyer's Agent

Michelle Sandoval

Windermere R.E. Port Townsend License #43646 Listed on: 02/15/2022

Windermere R.E. Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1886943

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,576

Lot Details

  • 2.35 Acre Lot
  • Open Space
  • Zoning described as C-II

Schools

  • Blue Heron Mid Middle School
  • Port Townsend High School

Additional Features

  • Territorial Views
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Swan Park Condos
  • Castle Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 997800501
  • Tax Block 5

Property Details

Property Type

Land

Est. Annual Taxes

$2,576

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Swan Park
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Partially Cleared,Pasture Land
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Territorial
  • Lot Features: Open Space
  • View: Yes
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: County Maintained,County Right of Way
  • WaterJurisdiction: City of Port Townsend

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • 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: 997800501
  • Lot Size Acres: 2.35
  • Lot Size: 46,609
  • Lot Size Sq Ft: 102366
  • Zoning Description: C-II
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Agricultural,Commercial,Industrial-Light,Multi-Family,Residential
  • PublicLandSurvey: 9/30W/1W

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2576.31
  • AdditionalTaxIds: 997800602

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
Cheesy Ventures Llc
Bought by
City Of Port Townsend
Current Estimated Value
$483,000

Purchase Details

Closed on
Sep 23, 2015
Sold by
Cheesy Ventures Llc
Bought by
City Of Port Townsend

Purchase Details

Closed on
Aug 10, 2014
Sold by
Swan Julie
Bought by
Cheesy Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.11%
Mortgage Type
New Conventional
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
City Of Port Townsend -- First American Title
City Of Port Townsend $250 Jefferson Title Co Inc
Cheesy Ventures Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheesy Ventures Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $400,000 -5.9% --
06/18/2022 06/18/22 Pending -- -- --
03/31/2022 03/31/22 Price Changed $425,000 -5.6% --
02/15/2022 02/15/22 For Sale $450,000 -- --
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
2024 $1,665 $181,927 $181,927 --
2023 $1,665 $181,927 $181,927 $0
2022 $1,331 $181,927 $181,927 $0
2021 $1,378 $134,113 $134,113 $0
2020 $1,411 $134,113 $134,113 $0
2019 $858 $134,113 $134,113 $0
2018 $980 $87,711 $87,711 $0
2017 $919 $88,012 $88,012 $0
2016 $884 $88,012 $88,012 $0
2015 -- $88,012 $88,012 $0
2014 -- $105,368 $105,368 $0
2010 -- $167,250 $167,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1886943

Northwest Multiple Listing Service (NWMLS)

APN: 997800501