Listed by Lopez Village Properties, LLC, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

1108 Channel Rd Lopez Island, WA 98261

Estimated Value: $2,964,000 - $6,684,000

4 Beds
3.5 Baths
3,981 Sq Ft
$1,203/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $3,500,000 $879 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $28,306/month

8 Days on Market

Highlights

  • 316 Feet of Waterfront
  • Bay View
  • Fireplace in Primary Bedroom
  • Greenhouse
  • Craftsman Architecture
  • Deck

About This Home

As of June 2020

Casual elegance and rustic charm under two separate roofs of this extraordinary waterfront estate. Nearly 3 private, beautifully landscaped acres including coveted west side beach access. Enjoy sunsets sitting by the fireplace on the screened porch, right off the gourmet kitchen, featuring top of the line appliances. Across the courtyard is "Cedar Lodge" a unique building with pro wood shop, basketball court and game loft Superior construction and timeless sensibility deserve a closer look.

Last Agent to Sell the Property

Jennifer Turunen

Lopez Village Properties, LLC Listed on: 05/21/2020

Last Buyer's Agent

Gina Borges-Valdez

Coldwell Banker Bain License #137530

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1603722

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,519

Year Built

  • Built in 2001

Lot Details

  • 2.96 Acre Lot
  • 316 Feet of Waterfront
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Garden
  • Property is in very good condition

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Strait Views
  • Mountain

Home Design

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

Interior Spaces

  • 3,981 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • French Doors
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Sport Court
  • Deck
  • Patio
  • Greenhouse

Utilities

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

Community Details

  • Built by Needham
  • Lopez Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 253312005

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,519

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2001
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,TrashCompactor,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3981
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 4
  • Basement: None
  • Appliances: Dryer, Trash Compactor, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Security System, Water Heater
  • Living Area: 3981
  • Main Level Bedrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 0
  • FireplacesMain: 3
  • SquareFootageFinished: 3981
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Trash Compactor,Washer
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Strait
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront: Yes
  • Builder Name: Needham
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 316

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: Security Gate, Security System, Partially Fenced
  • Heating Yn: Yes
  • Utilities: Septic System, Propane
  • PowerCompany: Opalco
  • WaterHeaterType: Gas

Schools

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

Lot Info

  • Parcel Number: 253312005
  • Topography: Level
  • Lot Size Acres: 2.9572
  • Lot Size: 2.9
  • Lot Size Sq Ft: 128816
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Deck,Fenced-Fully,Gated Entry,Green House,Irrigation,Patio,Propane,Shop
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 20519

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 17, 2020
Sold by
Waite Leslie A and Waite Nancy J
Bought by
Plath Daniel Hanses and Plath Brianne Donnelly
Seller's Agent
Jennifer Turunen
Lopez Village Properties, LLC
Buyer's Agent
Gina Borges-Valdez
Coldwell Banker Bain
List Price
$3,800,000
Sold Price
$3,500,000
Premium/Discount to List
-$300,000
-7.89%
Current Estimated Value
$4,788,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,288,446
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Feb 6, 2018
Sold by
Waite Leslie A and Waite Nancy J
Bought by
Waite Leslie A and Waite Nancy J

Purchase Details

Listed on
May 28, 2014
Closed on
Sep 15, 2014
Sold by
Hutcheson Mark A and Hutcheson Julie O
Bought by
Walle Leslie A and Waite Nancy J
Seller's Agent
Diane Webster
America at Home Real Estate
Buyer's Agent
John Lackey
Keller Williams Western Realty
List Price
$3,398,000
Sold Price
$3,075,000
Premium/Discount to List
-$323,000
-9.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,500,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Plath Daniel Hanses $3,500,000 Chicago Title Bellingham
Waite Leslie A -- None Available
Walle Leslie A $3,074,820 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walle Leslie A $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2020 06/19/20 Sold $3,500,000 -7.9% $879 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $3,800,000 +23.6% $955 / Sq Ft
09/19/2014 09/19/14 Sold $3,075,000 -9.5% $772 / Sq Ft View Prior Sale
07/16/2014 07/16/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $3,398,000 -- $854 / 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 $35,023 $5,612,930 $484,990 $5,127,940
2023 $35,023 $6,026,770 $421,730 $5,605,040
2022 $23,750 $5,313,090 $421,730 $4,891,360
2021 $22,524 $3,082,590 $383,390 $2,699,200
2020 $20,597 $2,934,790 $333,380 $2,601,410
2019 $19,125 $2,705,210 $333,380 $2,371,830
2018 $21,196 $4,110,990 $2,512,050 $1,598,940
2017 $14,460 $2,571,480 $333,380 $2,238,100
2016 $9,581 $2,087,130 $350,930 $1,736,200
2015 $9,581 $2,114,780 $350,930 $1,763,850
2014 $9,581 $1,889,910 $350,930 $1,538,980
2012 $9,581 $1,727,440 $350,930 $1,376,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1603722

Northwest Multiple Listing Service (NWMLS)

APN: 253312-005-000