Listed by Bell Tower Brokers, Bought with Coldwell Banker Best Homes
NOT LISTED FOR SALE

1060 Olele Point Rd Port Ludlow, WA 98365

Estimated Value: $1,017,000 - $1,238,000

2 Beds
3 Baths
2,370 Sq Ft
$464/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $823,768 $348 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,504/month

24 Days on Market

Highlights

  • Views of a Sound
  • Fruit Trees
  • Secluded Lot
  • Craftsman Architecture
  • Deck
  • Wood Flooring

About This Home

As of October 2020

Have it all! Shy 10 acres, Water/Mtn View. PRIVACY. Beautiful 2+BR 1.75 bath home w/Craftsman details. LARGE Shop bldg (had home occupation permit, 3 phase) w/radiant floor heat, lg loft space + 12x20 office + bath. Sweet Garden Shed w/loft & fenced yard (ADU?) Features: remodeled kitchen, hardwood floors, propane cooktop, sunny DR, Lg family room w/separate entry. Grounds are gorgeous- forest wonderland w/trails & dreamy pond. Also: APN:921332040, 2.4 acres w/marketable timber. Move in ready!

Last Agent to Sell the Property

Teri Nomura

Bell Tower Brokers License #20757 Listed on: 06/29/2020

Last Buyer's Agent

Pam Begley

Coldwell Banker Best Homes License #114788

Coldwell Banker Best Homes

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1622516

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,536

Year Built

  • Built in 1991

Lot Details

  • 9.66 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in very good condition
  • Zoning described as RR 1:5

Parking

  • 4 Car Garage
  • Off-Street Parking

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • French Doors
  • Dining Room
  • Loft
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Chimacum Creek Prima Elementary School
  • Chimacum Mid Middle School
  • Chimacum High School

Utilities

  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • Septic System

Community Details

  • Built by Elmer Taylor, Gary Swett
  • Port Ludlow Subdivision

Listing and Financial Details

  • Tax Lot 42 + vac. land
  • Assessor Parcel Number 977400024

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,536

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1991
  • Inclusions: Dishwasher,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: long legal descriptions
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2370
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 64

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Concrete, Hardwood, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Jetted Tub, Loft, Skylight(s), Water Heater
  • Living Area: 2370
  • Bathrooms: 2.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2370
  • SquareFootageUnfinished: 3040
  • BathsFullGarage: 1
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven,Refrigerator
  • FireplacesLower: 1

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Sound, Territorial
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront: No
  • Builder Name: Elmer Taylor, Gary Swett
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: Fully Fenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available, Propane, Wood
  • PowerCompany: PUD #1
  • SewerCompany: Septic
  • WaterCompany: well
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Schools

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

Lot Info

  • Parcel Number: 977400024
  • Topography: Level,Rolling,Terraces
  • Lot Size Acres: 9.66
  • Lot Size: ~1308'x349
  • Lot Size Sq Ft: 420789
  • Zoning Description: RR 1:5
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Outbuildings,Propane,Shop
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor, Owner
  • ZoningJurisdiction: County
  • LotNumber: 42 + vac. land

Green Features

  • Power Production Type: Electric, Propane, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5536

MLS Schools

  • Elementary School: Chimacum Creek Prima

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Oct 7, 2020
Sold by
Swett Gary W and Swett Rachel F
Bought by
Freeman Lisa A and Freeman Stephen C
Seller's Agent
Teri Nomura
Bell Tower Brokers
Buyer's Agent
Pam Begley
Coldwell Banker Best Homes
List Price
$825,000
Sold Price
$823,768
Premium/Discount to List
-$1,232
-0.15%
Current Estimated Value
$1,098,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,859
Avg. Annual Appreciation
4.70%
Original Mortgage
$659,014
Outstanding Balance
$591,756
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$436,208

Purchase Details

Closed on
Apr 28, 2014
Sold by
Swett Gary W and Rachel Swett L
Bought by
Swett Gary W and Swett Rachel F

Purchase Details

Closed on
May 12, 2008
Sold by
Summit Greg and Rachell Summit L
Bought by
Swett Family Revocable Trust
Source: Public Records

Range of Values:

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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
Freeman Lisa A $823,768 Jefferson Title Co Inc
Swett Gary W -- None Available
Swett Family Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Lisa A $659,014
Closed Swett Gary W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $823,768 -0.1% $348 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $825,000 -- $348 / 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 $6,207 $781,381 $275,120 $506,261
2022 $5,944 $741,209 $257,960 $483,249
2021 $5,276 $646,330 $233,350 $412,980
2020 $5,008 $539,315 $214,682 $324,633
2019 $4,843 $494,676 $196,014 $298,662
2018 $5,066 $481,691 $196,014 $285,677
2017 $4,942 $446,386 $186,680 $259,706
2016 $4,421 $446,386 $186,680 $259,706
2015 $4,360 $393,878 $181,680 $212,198
2014 -- $393,878 $181,680 $212,198
2013 -- $393,880 $181,680 $212,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1622516

Northwest Multiple Listing Service (NWMLS)

APN: 977400024