NOT LISTED FOR SALE

118 Cascade Way Eastsound, WA 98245

Rosario Estates Neighborhood

Estimated Value: $970,805 - $1,630,000

3 Beds
3 Baths
1,900 Sq Ft
$625/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $960,000 $505 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,048/month

19 Days on Market

Highlights

  • Views of a Sound
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Orcas Island High School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of May 2022

Incredible southern water views overlooking East Sound, very near Rosario Resort and Mansion. Enjoy the sunshine from the expansive deck of this updated three bedroom, three bath home. Newly painted bright interior with peaceful water views from most rooms. Convenient location near Moran State Park, Cascade Lake and trails. Efficient single level layout with entry, primary bedroom suite, and living spaces on the main floor. Lower level has third bedroom & bath, plus bonus room. New shop/garage for storage or single car. Natural landscaping for easy maintenance. A spectacular place to enjoy your time on Orcas! Explore the trails and lakes of fabulous Moran State Park. Don't miss this opportunity.

Last Listed By

Lisa Wolford

Orcas Island Realty License #11203 Listed on: 04/09/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1897700

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 1976

Lot Details

  • 0.55 Acre Lot
  • South Facing Home
  • Level Lot
  • Garden
  • Drought Tolerant Landscaping
  • Value in Land
  • Property is in good condition

Property Views

  • Views of a Sound
  • Strait Views
  • Mountain Views

Home Design

  • Traditional Architecture
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • French Doors
  • Dining Room
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Schools

  • Orcas Elementary School
  • Orcas Isl Mid Middle School
  • Orcas Isl High School

Utilities

  • Propane
  • Water Heater
  • Sewer Not Available
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Rosario Subdivision

Listing and Financial Details

  • Assessor Parcel Number 173152016000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,247

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1976
  • Inclusions: Dishwasher,Dryer,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1900
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,099

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Dining Room, French Doors, Jetted Tub, Vaulted Ceiling(s), Water Heater
  • Living Area: 1900
  • Main Level Bedrooms: 2
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • SquareFootageFinished: 1900
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Sound, Strait
  • Lot Features: Drought Res Landscape, Value In Land
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement/Concrete
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Sewer: None
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Electricity Available, Propane
  • HeatingCoolingType: Stove/Free Standing,Wall
  • PowerCompany: OPALCO
  • WaterCompany: Washington Water
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Orcas Island
  • High School: Orcas Isl High
  • Middle Or Junior School: Orcas Isl Mid

Lot Info

  • Parcel Number: 173152016000
  • Topography: Level,PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.55
  • Lot Size Sq Ft: 23958
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet,Shop
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3247

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Orcas Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 12, 2022
Sold by
Martinek and Patricia
Bought by
Cahalan Joseph Ryan and Cahalan Megan Lee
Seller's Agent
Lisa Wolford
Orcas Island Realty
Buyer's Agent
Shea Sasan
Windermere RE Orcas Island
List Price
$998,000
Sold Price
$960,000
Premium/Discount to List
-$38,000
-3.81%
Total Days on Market
19
Current Estimated Value
$1,187,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,951
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
Sep 14, 2006
Sold by
Vaw Llc
Bought by
Martinek Brian C and Martinek Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2006
Sold by
Laursen John C and Laursen Barbara
Bought by
Vaw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Wright Ernest F
Bought by
Laursen John C and Laursen Barbara

Range of Values:

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Average Value
Not Available
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
Cahalan Joseph Ryan -- Chicago Title
Martinek Brian C $475,000 San Juan Title Llc
Vaw Llc -- San Juan Title Llc
Laursen John C -- San Juan Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinek Brian C $139,809
Previous Owner Martinek Brian C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $960,000 -3.8% $505 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $998,000 -- $525 / 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 $5,548 $1,023,780 $261,800 $761,980
2022 $3,247 $891,600 $238,000 $653,600
2021 $3,113 $425,880 $117,600 $308,280
2020 $3,259 $394,060 $117,600 $276,460
2019 $2,840 $402,560 $117,600 $284,960
2018 $2,473 $579,860 $347,090 $232,770
2017 $1,983 $304,900 $108,880 $196,020
2016 $2,799 $268,210 $114,610 $153,600
2015 $2,799 $274,040 $114,610 $159,430
2014 $2,799 $296,490 $114,610 $181,880
2012 $2,799 $335,870 $127,340 $208,530
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1897700

Northwest Multiple Listing Service (NWMLS)

APN: 173152-016-000