Listed by COMPASS, Bought with Windermere Real Estate/M2, LLC
NOT LISTED FOR SALE

100 Olympic Place Unit 16 Port Ludlow, WA 98365

Port Ludlow Neighborhood

Estimated Value: $401,000 - $440,000

4 Beds
4 Baths
1,600 Sq Ft
$859/mo HOA Fee

Last Sold July 03, 2024

Last sale price $390,000 $244 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,370/month

42 Days on Market

Highlights

  • Boathouse
  • Docks
  • Fitness Center
  • Views of a Sound
  • Home fronts a sound
  • Clubhouse

About This Home

As of July 2024

Resort vacation condo with nightly rentals allowed! Situated in sought-after Port Ludlow Resort, this meticulously maintained 1600 sq ft corner unit was built in 2005 and showcases 4 spacious primary bedrooms, each accompanied by its own en suite bathroom. Notably, 2 of the bedrooms offer external access or can be conveniently reached from within the unit, ideal setup for short-term rentals. Every window affords breathtaking views of water, mountains or the lush garden. Within the resort, residents can take advantage of amenities including 27 miles of biking and hiking trails, two pools, hot tub, sauna, pickleball courts, business and fitness center. Beyond the resort, Port Ludlow presents vibrant outdoor recreation waiting for exploration!

Last Agent to Sell the Property

James Karrer

COMPASS License #22022473 Listed on: 04/18/2024

COMPASS

Co-Listed By

Greg Nelson

COMPASS License #128174

Last Buyer's Agent

Gary Luckenbach

Windermere Real Estate/M2, LLC License #40494

Windermere Real Estate/M2, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2225277

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,537

Year Built

  • Built in 2005

Lot Details

  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $859 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Bay
  • Strait Views
  • Canal
  • Mountain

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Alarm System

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Off-Street Parking

Outdoor Features

  • Boathouse
  • Docks
  • Balcony
  • Patio

Location

  • Ground Level Unit

Schools

  • Chimacum Elementary School
  • Chimacum Mid Middle School
  • Chimacum High School

Utilities

  • Baseboard Heating
  • Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area maintenance, garbage, lawn service, road maintenance
  • 40 Units
  • Brendan Mcgeer Association
  • Secondary HOA Phone (206) 855-1131
  • Admiralty Condos
  • Admiralty Condos Subdivision
  • Park Manager: Vacasa

Amenities

  • Community Garden
  • Sauna
  • Clubhouse

Recreation

  • Boathouse
  • Boat Dock
  • Sport Court
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,537

Year Built

Built in 2005

Lot Details

0

HOA Fees

$859 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2005
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Admiralty Condos
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1600
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,End Unit,Ground Floor
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2225277?w=Consumer&agent=142976
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 4
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Ice Maker, Washer, Fireplace, Water Heater
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Stories: 2
  • Bathrooms: 4
  • BathsFullMain: 4
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • StorageNo: 16
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: In the carport
  • NWM_NumberOfBathtubs: 4
  • NWM_NumberOfShowers: 4

Exterior Features

  • Roof: Composition
  • View: Bay, Canal, Mountain(s), Sound, Strait
  • View: Yes
  • Waterfront Features: Bay/Harbor, Saltwater, Sound
  • Waterfront: Yes
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • ViewFrom: Unit
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach,Deeded Access

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport, Off Street
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: AlarmSystem
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Entry hall closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat House, Club House, Dock, Exercise Room, Garden Space, High Speed Int Avail, Hot Tub, Outside Entry, Indoor Pool, Pool, Sauna, See Remarks
  • Park Manager Name: Vacasa
  • Senior Community: No
  • Association Fee: 859
  • Association Fee Frequency: Monthly
  • Phone: 206-855-1131
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Brendan McGeer
  • CommonPropertyFeatures: Athletic Court,Boat House,Clubhouse,Dock,Exercise Room,Garden Space,High Speed Int Avail,Hot Tub,Outside Entry,Pool-Indoor,Pool-Outdoor,Sauna,See Remarks

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Garbage, Lawn Service, Road Maintenance

Schools

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

Lot Info

  • Parcel Number: 990300116
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: MLS

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: true

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3537

Multi Family

  • Number Of Units In Community: 40
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Chimacum Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 26, 2024
Sold by
Breeze Barbara A
Bought by
Bellanich Larry and Bellanich Alice
Seller's Agent
James Karrer
COMPASS
Buyer's Agent
Gary Luckenbach
Windermere Real Estate/M2, LLC
List Price
$413,000
Sold Price
$390,000
Premium/Discount to List
-$23,000
-5.57%
Views
85
Current Estimated Value
$415,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,667
Avg. Annual Appreciation
5.23%
Original Mortgage
$292,500
Outstanding Balance
$288,973
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$126,694

Purchase Details

Listed on
Jul 7, 2017
Closed on
Nov 30, 2017
Sold by
Demony John W
Bought by
Breeze Barbara A
Seller's Agent
Sally Derrig
Port Ludlow Brokers LLC
Buyer's Agent
Sandy Eagon
KW North Sound
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$187,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bellanich Larry $390,000 Frontier Title
Breeze Barbara A -- First American Title
Breeze Barbara A $250,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellanich Larry $292,500
Previous Owner Breeze Barbara A $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $390,000 -5.6% $244 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $413,000 +65.2% $258 / Sq Ft
12/13/2017 12/13/17 Sold $250,000 -9.1% $156 / Sq Ft View Prior Sale
10/29/2017 10/29/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $275,000 0.0% $172 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
08/15/2017 08/15/17 Price Changed $275,000 -8.0% $172 / Sq Ft
07/07/2017 07/07/17 For Sale $299,000 -- $187 / 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 $3,583 $399,200 $80,000 $319,200
2023 $3,583 $452,800 $100,000 $352,800
2022 $3,233 $432,800 $100,000 $332,800
2021 $2,742 $352,800 $84,000 $268,800
2020 $2,631 $280,800 $52,000 $228,800
2019 $2,324 $259,200 $48,000 $211,200
2018 $2,286 $230,000 $46,000 $184,000
2017 $2,195 $200,000 $40,000 $160,000
2016 $2,068 $195,000 $35,000 $160,000
2015 -- $181,125 $43,125 $138,000
2014 -- $157,500 $37,500 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2225277

Northwest Multiple Listing Service (NWMLS)

APN: 990300116