NOT LISTED FOR SALE

1121 S Point Rd Port Ludlow, WA 98365

Estimated Value: $625,000 - $688,452

1 Bed
1 Bath
552 Sq Ft
$1,175/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $460,000 $833 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,934/month

70 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Deck
  • Wooded Lot
  • Views of a Sound
  • Secluded Lot
  • Traditional Architecture

About This Home

As of March 2020

Secluded Waterfront Hideaway! Enter through a locked gate, and drive through a lush forest that opens up to a waterfront view of the sound and the Cascades in the background, Situated on this perch is a charming cottage with an ample deck for entertaining, or just watching the view in total privacy.

Last Agent to Sell the Property

Steve Crosland

Windermere R.E. Port Townsend License #113486 Listed on: 12/06/2019

Windermere R.E. Port Townsend

Last Buyer's Agent

Betsy Schairer

Coldwell Banker Bain License #25808

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1540698

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 1957

Lot Details

  • Low Bank Waterfront Property
  • Home fronts a canal
  • Gated Home
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned RR-5

Property Views

  • Views of a Sound
  • Bay
  • Canal
  • Mountain

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Microwave
  • Washer

Flooring

  • Wood
  • Vinyl

Parking

  • Detached Garage
  • Detached Carport Space

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Outbuilding

Utilities

  • Well
  • Septic System
  • Cable TV Available

Community Details

  • South Point Community

Listing and Financial Details

  • Assessor Parcel Number 721043006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,022

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Hardwood, Vinyl
  • Appliances That Stay: Microwave, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 552
  • Square Footage Finished: 552

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Block
  • Roof: Composition
  • View: Bay, Canal, Mountain, Sound
  • Waterfront: Bank-Low, Canal, Tideland Rights
  • Waterfront Frontage: 113

Garage/Parking

  • Parking Type: Carport-Detached, Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: Jefferson County PUD
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Company: Well
  • Water Heater: Kitchen-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: South Point

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Chimacum High
  • School District: CHI

Lot Info

  • Lot Number: 2
  • Lot Details: Secluded
  • Lot Dimensions: 663 X 113
  • Lot Sq Ft: 63162
  • Lot Topography Vegetation: Level, Wooded
  • Parcel Number: 721043006
  • Zoning Code: RR-5
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Wooded

Tax Info

  • Tax Amount: 989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Mar 11, 2020
Sold by
Topel Louis John and Estate Of Janet Jester
Bought by
Henshaw Heather
Seller's Agent
Steve Crosland
Windermere R.E. Port Townsend
Buyer's Agent
Betsy Schairer
Coldwell Banker Bain
List Price
$499,900
Sold Price
$460,000
Premium/Discount to List
-$39,900
-7.98%
Current Estimated Value
$648,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,613
Avg. Annual Appreciation
6.42%
Original Mortgage
$345,000
Outstanding Balance
$308,808
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$329,648

Purchase Details

Closed on
Feb 28, 2012
Sold by
Jester Harry A and Jester Janet A
Bought by
Jester Janet A
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
Henshaw Heather $460,000 Jefferson Title Co Inc
Jester Janet A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henshaw Heather $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2020 03/16/20 Sold $460,000 -8.0% $833 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
12/06/2019 12/06/19 For Sale $499,900 -- $906 / 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 $4,022 $501,950 $405,000 $96,950
2022 $3,973 $492,543 $400,000 $92,543
2021 $4,052 $428,710 $344,500 $84,210
2020 $3,698 $412,341 $331,250 $81,091
2019 $1,017 $363,235 $291,500 $71,735
2018 $1,050 $346,866 $278,250 $68,616
2017 $1,078 $327,378 $265,000 $62,378
2016 $1,065 $327,378 $265,000 $62,378
2015 $2,094 $327,207 $260,000 $67,207
2014 -- $327,207 $260,000 $67,207
2013 -- $327,205 $260,000 $67,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1540698

Northwest Multiple Listing Service (NWMLS)

APN: 721043006