NOT LISTED FOR SALE

1005 Cherry St Port Townsend, WA 98368

Estimated Value: $775,000 - $898,000

4 Beds
3 Baths
2,817 Sq Ft
$303/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $335,000 $119 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $5,198/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Softwood Flooring
  • Colonial Architecture
  • Deck
  • 1 Fireplace

About This Home

As of September 2016

Remarkable home that orients living space westward to capture maximum solar gain and views across Happy Valley to the Olympics. Incredibly private, yet right in town. Fir floors. Vaulted Ceilings. Glass front cabinets. Colinwood Farm stocks the 24 hour Farmstand within walking distance. Deck and upper sun porch. Built new to look old in 1990. Basement perfect for studio space or separate unit. Central location provides quick access to Fort Worden, North Beach, Uptown/Downtown.

Last Agent to Sell the Property

Jeff Ashmore

Ideal Real Estate License #106317 Listed on: 05/19/2016

Co-Listed By

Kevin Miller

Ideal Real Estate License #5765

Last Buyer's Agent

Max Schuster

Ideal Real Estate License #122104

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM943839

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,526

Year Built

  • Built in 1990

Lot Details

  • Partially Fenced Property
  • Brush Vegetation
  • Terraced Lot
  • Garden
  • Drought Tolerant Landscaping
  • Property is zoned R2

Property Views

  • Mountain
  • Territorial

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Propane
  • High Speed Internet

Community Details

  • Fort Worden Community

Listing and Financial Details

  • Assessor Parcel Number 985206902

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,526

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Colonial
  • Homebuilder: Duke Rhodes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Fir/Softwood, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight
  • Den or Office: Upper
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2817
  • Square Footage Finished: 2817
  • Square Footage Unfinished: 144

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard, Stove/Free Standing
  • Power Company: PUD
  • Sewer: Sewer Connected
  • Sewer Company: City of Port Townsend
  • Water Company: City of Port Townsend
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Fort Worden
  • Project: Pettygrove's 2nd Addition

Schools

  • Elementary School: Grant Street Elem
  • Middle School: Blue Heron Mid
  • High School: Port Townsend High
  • School District: PTT

Lot Info

  • Lot Number: 5-7 (S1/2 ea)
  • Lot Details: Drought Res Landscpe, Paved Street
  • Lot Dimensions: Appx 51'x142'x50'x134'
  • Lot Sq Ft: 7405
  • Lot Topography Vegetation: Brush, Garden Space, Partial Slope, Terraces
  • Parcel Number: 985206902
  • Zoning Code: R2
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Garden Space, Partial Slope, Terraces

Tax Info

  • Tax Amount: 3220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Sep 9, 2016
Sold by
Kulter Martin and Shapiro Marya
Bought by
Pace Michael and Marchant Sophie
Seller's Agent
Jeff Ashmore
Ideal Real Estate
Buyer's Agent
Max Schuster
Ideal Real Estate
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Current Estimated Value
$853,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,648
Avg. Annual Appreciation
10.13%
Original Mortgage
$285,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2011
Sold by
Kutler Martin
Bought by
Kutler Martin and Shapiro Marya

Purchase Details

Closed on
Apr 13, 2005
Sold by
Toews Adams Ingrid L
Bought by
Kutler Martin
Source: Public Records

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Range of Values:

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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
Pace Michael $335,000 First American Title
Kutler Martin -- None Available
Kutler Martin $355,000 Jefferson Title Co I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pace Michael $285,000
Closed Pace Michael $293,500
Closed Pace Michael $285,000
Previous Owner Kutler Martin J $42,818
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $335,000 +3.1% $119 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $325,000 -- $115 / 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
2023 $5,526 $615,620 $198,975 $416,645
2022 $4,207 $566,424 $184,500 $381,924
2021 $3,892 $433,554 $114,219 $319,335
2020 $3,671 $386,813 $100,513 $286,300
2019 $3,239 $355,652 $91,375 $264,277
2018 $3,691 $340,857 $91,375 $249,482
2017 $3,365 $339,629 $88,550 $251,079
2016 $3,220 $330,662 $88,550 $242,112
2015 $3,098 $329,155 $88,550 $240,605
2014 -- $314,194 $84,525 $229,669
2013 -- $299,230 $80,500 $218,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM943839

Northwest Multiple Listing Service (NWMLS)

APN: 985206902