NOT LISTED FOR SALE

1203 Island Dr Lummi Island, WA 98262

Estimated Value: $478,084 - $516,000

2 Beds
1 Bath
1,177 Sq Ft
$423/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $260,000 $221 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,041/month

103 Days on Market

Highlights

  • Waterfront Community
  • Clubhouse
  • 1 Fireplace
  • Community Boat Launch
  • Deck
  • Attached Garage

About This Home

As of September 2019

Unwind on a 5 min ferry ride to this move-in ready 2 bed/1 bath, 1177 sf cabin on Lummi Island, w/new windows, electrical, heaters, flooring (kitchen, bedrooms & bath), track lighting in kitchen & bedrooms. Large rebuilt cedar deck w/view of Mt Baker & water. Gas fireplace in LR. Full-size W/D. 390 sf garage w/heat perfect for a small boat & storage. Plus 2 out buildings, one an outdoor kitchen. Access to boat launch & only boat dock on the Island, clubhouse, swim lake & great drinking water.

Last Listed By

Kenneth Swanson

Windermere Real Estate Whatcom License #97660 Listed on: 05/16/2019

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1456036

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,379

Year Built

  • Built in 1965

Lot Details

  • 6,970

Home Design

  • Slab Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Partially Finished Basement
  • Natural lighting in basement
  • Oven or Range

Flooring

  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Additional Features

  • Deck
  • Property is zoned RRI
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 3701234724370000

Community Details

Overview

  • Lummi Island Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,379

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator
  • Floor Covering: Laminate, Vinyl
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Fireplaces: 1
  • Basement: Daylight, Partially Finished
  • Living Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 1177
  • Square Footage Finished: 1177

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete, Slab
  • Roof: Metal

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Wall
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Private septic
  • Water Company: Lummi Island Scenic Estates C.C.
  • Water Heater: Electric
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 71
  • Community Name: Lummi Island
  • Project: Lummi Island Scenic Estates
  • Community Features: Boat Launch, CCRs, Clubhouse, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Beach Elem
  • Middle School: Vista Mid
  • High School: Ferndale High
  • School District: FRN

Lot Info

  • Lot Details: Paved Street
  • Lot Dimensions: 75'x84'x78'x104'
  • Lot Sq Ft: 7169
  • Parcel Number: 3701234724370000
  • Zoning Code: RRI
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 1570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Sep 3, 2019
Sold by
Slater J Timothy and Slater Kiersten T
Bought by
Gaston Zachary and Polletta Gaston Theresa
Seller's Agent
Kenneth Swanson
Windermere Real Estate Whatcom
Buyer's Agent
Lisa Berg
eXp Realty
List Price
$289,000
Sold Price
$260,000
Premium/Discount to List
-$29,000
-10.03%
Total Days on Market
103
Current Estimated Value
$497,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,771
Avg. Annual Appreciation
11.53%

Purchase Details

Closed on
Sep 23, 2004
Sold by
Ruthven Edward Franklin and Ruthven Beverly June
Bought by
Slater J Timothy and Slater Kiersten T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

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
Gaston Zachary $260,000 Whatcom Land Title
Slater J Timothy $165,000 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaston Zachary $160,000
Previous Owner Slater J Timothy $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $260,000 -6.1% $221 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/06/2019 08/06/19 Price Changed $277,000 -4.2% $235 / Sq Ft
05/16/2019 05/16/19 For Sale $289,000 -- $246 / 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 $3,379 $463,725 $175,814 $287,911
2023 $3,379 $446,844 $169,414 $277,430
2022 $3,001 $373,935 $141,772 $232,163
2021 $2,579 $301,565 $114,334 $187,231
2020 $2,575 $247,175 $93,713 $153,462
2019 $1,569 $224,195 $85,000 $139,195
2018 $1,716 $156,419 $57,519 $98,900
2017 $1,608 $131,228 $48,265 $82,963
2016 $1,576 $129,161 $47,518 $81,643
2015 $1,461 $125,087 $46,273 $78,814
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1456036

Northwest Multiple Listing Service (NWMLS)

APN: 370123-472437-0000