NOT LISTED FOR SALE

Estimated Value: $1,157,000 - $1,268,000

3 Beds
2.5 Baths
3,139 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $826,000 $263 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,251/month

259 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Bay View
  • Deck
  • Golf Course Community
  • Clubhouse
  • Contemporary Architecture

About This Home

As of August 2020

Tranquility at the Inner Harbor. This home offers 132' of medium to low bank waterfront w/water & Twin Island's view from virtually every room. Entry-level Living flows from living room w/high vaulted ceilings, fireplace & dining room into private kitchen & family room. Master suite w/walk-thru closet & full bath offer privacy from guest rooms & private bath on 2nd floor. Lookout room/office at the top of stairs for spectacular viewing. Custom home built by Rick Landers. HOME WARRANTY OFFERED!

Last Listed By

Kevin Miller

Ideal Real Estate License #5765 Listed on: 10/30/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1533878

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,487

Year Built

  • Built in 1992

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 194'x132'x256'x110'
  • Low Bank Waterfront Property
  • 132 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Property is in very good condition
  • Zoning described as MPR-SF-4

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Territorial

Home Design

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

Interior Spaces

  • 3,139 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Chimacum Elementary School
  • Chimacum Mid Middle School
  • Chimacum High School

Utilities

  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 969700003

Community Details

Overview

  • Built by Rick Landers
  • South Bay Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,487

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 15 - Multi Level
  • Year Built: 1992
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Ludlow Point Village Div 3
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 3136
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,085

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Heat Pump, Ceramic Tile, Hardwood, Wall to Wall Carpet, Ceiling Fan(s), Double Pane/Storm Window, Vaulted Ceiling(s), Water Heater
  • Living Area: 3139
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3139
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Bay, Territorial
  • Lot Features: Cul-De-Sac, Paved, Secluded
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Bank-Low, Bank-Medium, Bay/Harbor, Saltwater
  • Waterfront: Yes
  • Builder Name: Rick Landers
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame
  • PoolType: Community
  • WaterfrontFootage: 132

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: Sewer Connected
  • Water Source: Community
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • HeatingCoolingType: Heat Pump
  • PowerCompany: Jefferson Co PUD # 1
  • SewerCompany: Olympic Water & Sewer
  • WaterCompany: Olympic Water & Sewer
  • WaterHeaterLocation: Closet off 1/2 bath
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: CCRs, Club House, Community Waterfront/Pvt Beach, Golf, Tennis Courts
  • Senior Community: No
  • Association Fee: 83

Schools

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

Lot Info

  • Parcel Number: 969700003
  • Topography: PartialSlope,Sloped
  • Lot Size Acres: 0.56
  • Lot Size: 194'x132'x256'x110'
  • Lot Size Sq Ft: 24394
  • Zoning Description: MPR-SF-4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Assesor
  • ZoningJurisdiction: County
  • LotNumber: 3

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 6487

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Chimacum Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Aug 6, 2020
Sold by
Wilkinson Robert C and Wilkinson Revocable Living Tru
Bought by
Kwok Ivan and Seah Joycelin
Seller's Agent
Kevin Miller
Ideal Real Estate
Buyer's Agent
Krista Belova
COMPASS
List Price
$885,000
Sold Price
$826,000
Premium/Discount to List
-$59,000
-6.67%
Total Days on Market
259
Current Estimated Value
$1,196,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,206
Avg. Annual Appreciation
8.13%
Original Mortgage
$510,000
Outstanding Balance
$457,464
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$738,742

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
Kwok Ivan $826,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwok Ivan $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $826,000 -2.8% $263 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/04/2020 06/04/20 Price Changed $850,000 -1.7% $271 / Sq Ft
02/26/2020 02/26/20 Price Changed $865,000 -2.3% $276 / Sq Ft
01/28/2020 01/28/20 For Sale $885,000 +7.1% $282 / Sq Ft
01/15/2020 01/15/20 Off Market $826,000 -- --
10/30/2019 10/30/19 For Sale $885,000 -- $282 / 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 $7,433 $947,333 $310,000 $637,333
2022 $7,513 $942,333 $305,000 $637,333
2021 $7,503 $826,968 $286,000 $540,968
2020 $7,139 $777,328 $275,000 $502,328
2019 $6,487 $716,687 $253,000 $463,687
2018 $6,779 $656,047 $231,000 $425,047
2017 $6,611 $606,406 $220,000 $386,406
2016 $6,765 $606,406 $220,000 $386,406
2015 $6,675 $608,321 $335,500 $272,821
2014 -- $608,321 $335,500 $272,821
2013 -- $553,020 $305,000 $248,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1533878

Northwest Multiple Listing Service (NWMLS)

APN: 969700003