NOT LISTED FOR SALE

101 Merredith St Port Ludlow, WA 98365

Estimated Value: $1,262,265 - $1,421,000

2 Beds
3 Baths
2,627 Sq Ft
$515/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $753,000 $287 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,912/month

3 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Spa
  • Bay View
  • Community Boat Launch
  • RV Access or Parking
  • Deck

About This Home

As of May 2017

Exceptional home and property: Southern exposure looking straight down Hood Canal plus Olympic Mt & Mt Rainier views and extensive waterfront decks, hot tub, path and hinged stairs to sand and pebble beach. Light and bright home with main floor master suite. Community has large waterfront parcel and boat launch ramp( one block away). 2 car gar + parking for 5 more (1 full R/V hook-up). Very private feeling despite neighbors on either side. Neighborhood boat launch is 1 block from property.

Last Agent to Sell the Property

Teri Hewson

John L. Scott, Inc. License #6058 Listed on: 03/24/2017

John L. Scott, Inc.

Co-Listed By

Tara Scouten

John L. Scott, Inc. License #115176

Last Buyer's Agent

Max Schuster

Ideal Real Estate License #122104

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1087998

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,548

Year Built

  • Built in 1986

Lot Details

  • Low Bank Waterfront Property
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Garden

Property Views

  • Bay
  • Canal
  • Mountain

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 2 Fireplaces
  • Wood Flooring
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Tideland Water Rights
  • Bulkhead
  • Deck
  • Patio

Utilities

  • Propane
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 994400102

Community Details

Overview

  • Shine Community

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,548

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Security System, Skylights, Vaulted Ceilings
  • Floor Covering: Hardwood
  • Appliances That Stay: Dishwasher, Range/Oven
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.25
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms Main: 3
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Basement: Daylight
  • Den or Office: Main
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Recreation Room: Upper
  • Estimated Sq Ft: 2627
  • Square Footage Finished: 2627

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Canal, Mountain
  • Waterfront: Bank-Low, Bulkhead, Canal, Saltwater, Tideland Rights
  • Waterfront Frontage: 108

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Heat Pump, High Efficiency (Unspecified), Stove/Free Standing
  • Power Company: PUD
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Shine Water
  • Water Heater: Basement/Crawl Space-electric
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Shine
  • Project: amended Shine plat
  • Community Features: Boat Launch, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Chimacum Elem
  • Middle School: Chimacum Mid
  • High School: Chimacum High
  • School District: CHI

Lot Info

  • Lot Number: 2
  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: 113x193x108x206
  • Lot Sq Ft: 21780
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Terraces
  • Parcel Number: 994400102
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 6484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 5, 2017
Sold by
Hansten Philip D and Hansten Rath L
Bought by
Johnson Philip M and Johnson Ann W
Seller's Agent
Teri Hewson
John L. Scott, Inc.
Buyer's Agent
Max Schuster
Ideal Real Estate
List Price
$749,500
Sold Price
$753,000
Premium/Discount to List
$3,500
0.47%
Current Estimated Value
$1,352,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,816
Avg. Annual Appreciation
7.21%
Original Mortgage
$424,000
Outstanding Balance
$349,171
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,003,645
Source: Public Records

Range of Values:

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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
Johnson Philip M $753,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Philip M $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2017 05/11/17 Sold $753,000 +0.5% $287 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $749,500 -- $285 / 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 $8,548 $1,141,087 $494,625 $646,462
2023 $8,548 $1,084,426 $466,071 $618,355
2022 $8,537 $1,079,426 $461,071 $618,355
2021 $8,415 $935,923 $436,057 $499,866
2020 $8,023 $867,917 $403,756 $464,161
2019 $7,293 $799,912 $371,456 $428,456
2018 $7,126 $731,907 $339,155 $392,752
2017 $6,484 $632,598 $339,155 $293,443
2016 $6,492 $589,771 $323,005 $266,766
2015 $6,406 $582,032 $318,005 $264,027
2014 -- $582,032 $318,005 $264,027
2013 -- $582,030 $318,005 $264,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1087998

Northwest Multiple Listing Service (NWMLS)

APN: 994400102