Listed by Orcas Island Realty, Bought with Orcas Island Realty
NOT LISTED FOR SALE

1102 Shark Reef Rd Lopez Island, WA 98261

Estimated Value: $2,005,000 - $2,947,000

2 Beds
2 Baths
1,619 Sq Ft
$1,536/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $2,350,000 $1,452 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $14,429/month

96 Days on Market

Highlights

  • Ocean View
  • Fruit Trees
  • Modern Architecture
  • Home fronts a sound
  • Deck
  • No HOA

About This Home

As of August 2023

Escape to your modern waterfront 2 bed/2 bath home on 3.5 west facing acres. Sustainably created by architect/designer team for themselves. Look across a natural meadow to spectacular water & Olympic Mt views. Security of high bank combined w/ convenient beach access 5 minutes away. Focus is on quality, custom design & exceptional attention to detail. The 24 x 44 great room boasts unobstructed floor to ceiling windows & a raw steel fireplace/media cabinet in a wall of reclaimed wood w/ back-lit LEDs. The house is tight & energy efficient, w/ the best in new tech (smart hm), fiber & EV charging. Well established low maintenance landscaping w/ rain garden, ornamental grasses, patio. Turn-key vacation rental possible.Published Internationally.

Last Agent to Sell the Property

Mary Clure

Orcas Island Realty License #2040 Listed on: 03/22/2023

Last Buyer's Agent

Miramonee Darling

Orcas Island Realty License #132363

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2045244

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,863

Year Built

  • Built in 2017

Lot Details

  • 3.52 Acre Lot
  • Home fronts a sound
  • Street terminates at a dead end
  • West Facing Home
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in very good condition

Property Views

  • Ocean
  • Views of a Sound
  • Strait Views
  • Mountain

Home Design

  • Modern Architecture
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Double Oven
  • Stove
  • Dishwasher

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy Recovery Ventilator
  • Rain Water Catchment

Utilities

  • High Efficiency Heating System
  • Heat Pump System
  • Radiant Heating System
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Hot Water Circulator
  • Septic Tank
  • High Speed Internet
  • High Tech Cabling

Additional Features

  • Deck
  • Pasture

Community Details

  • No Home Owners Association
  • Built by Green Design
  • Lopez Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 240413003000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,863

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2017
  • Inclusions: Dishwasher,DoubleOven,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1619
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 851

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Refrigerator, Stove/Range, Washer
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete
  • Interior Amenities: Ceramic Tile, Concrete, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Fireplace, Water Heater
  • Living Area: 1619
  • Main Level Bedrooms: 2
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 1619
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 2
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Ocean, Sea, Sound, Strait
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront Features: Bank-High, Saltwater, Sound
  • Waterfront: Yes
  • Builder Name: Green Design
  • Direction Faces: West
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, None, Off Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well, Private, Water Catchment System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Heat Pump, High Efficiency (Unspecified), Hot Water Recirc Pump, HRV/ERV System, Radiant, Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: OPALCO
  • WaterHeaterLocation: Utility room
  • WaterHeaterType: Tankless
  • InternetConnected: Rock Island Fiber LTE

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lopez Island
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 240413003000
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 3.52
  • Lot Size Sq Ft: 153331
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Electric Car Charging,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • IrrigationComments: Automated drip

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: true

Tax Info

  • Year: 2023
  • Tax Annual Amount: 9863

Multi Family

  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jul 31, 2023
Sold by
Original Evergreen Experience Llc
Bought by
Reily Peter and Gonzales Nancy
Seller's Agent
Mary Clure
Orcas Island Realty
Buyer's Agent
Miramonee Darling
Orcas Island Realty
List Price
$2,500,000
Sold Price
$2,350,000
Premium/Discount to List
-$150,000
-6%
Views
223
Current Estimated Value
$2,486,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,080
Avg. Annual Appreciation
2.76%
Original Mortgage
$1,175,000
Outstanding Balance
$1,148,695
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$1,337,385

Purchase Details

Closed on
Jun 26, 2020
Sold by
Original Evergreen Experience Llc
Bought by
Wisemana Terry and Wisemana Adrinne

Purchase Details

Closed on
Jan 3, 2014
Sold by
Didiego Caroline and Ferris James
Bought by
Original Evergreen Experience Llc

Purchase Details

Listed on
Jan 4, 2012
Closed on
Oct 24, 2013
Sold by
Morgan Robert L and Norgan Nancy J
Bought by
Didiego Caroline S
Seller's Agent
Dianne Pressenda
Windermere RE/Lopez Island
Buyer's Agent
Dianne Pressenda
Windermere RE/Lopez Island
List Price
$455,000
Sold Price
$388,000
Premium/Discount to List
-$67,000
-14.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%
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
Reily Peter $2,350,000 San Juan Title
Wisemana Terry -- None Available
Original Evergreen Experience Llc -- None Available
Didiego Caroline -- None Available
Didiego Caroline S $426,339 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reily Peter $1,175,000
Previous Owner Original Evergreen Experience Llc $150,000
Previous Owner Morgan Robert L $543,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $2,350,000 -6.0% $1,452 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $2,500,000 +544.3% $1,544 / Sq Ft
10/30/2013 10/30/13 Sold $388,000 -14.7% $372 / Sq Ft
01/10/2012 01/10/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $455,000 -- $436 / 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 $10,596 $2,266,330 $419,270 $1,847,060
2023 $10,596 $1,801,460 $364,580 $1,436,880
2022 $7,865 $1,569,580 $394,580 $1,175,000
2021 $6,988 $1,004,960 $358,710 $646,250
2020 $5,326 $900,950 $311,920 $589,030
2019 $4,172 $689,220 $308,750 $380,470
2018 $5,105 $765,570 $537,160 $228,410
2017 $3,887 $613,070 $308,750 $304,320
2016 $2,470 $553,710 $325,000 $228,710
2015 $2,470 $378,120 $325,000 $53,120
2014 $2,470 $436,290 $325,000 $111,290
2012 $2,470 $440,420 $325,000 $115,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2045244

Northwest Multiple Listing Service (NWMLS)

APN: 240413-003-000