NOT LISTED FOR SALE

121 Olympus Blvd Port Ludlow, WA 98365

Estimated Value: $486,000 - $550,000

1 Bed
1 Bath
1,040 Sq Ft
$498/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $450,000 $433 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,985/month

6 Days on Market

Highlights

  • Water Views
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Deck
  • Cottage
  • Recessed Lighting

About This Home

As of February 2022

Cottage by the Sea! Take in the vast saltwater and Cascade mountain views at this property. Located just minutes from the luxurious Port Ludlow Resort & Bay Club. Home features new exterior paint & flooring, ductless heat pump, and new tankless hot water heater. Public beach access within walking distance. Less than 20 minutes to historic Port Gamble. Port Ludlow is home to a championship golf course & a marina capable of mooring vessels up to 200'. Explore 30+ miles of hiking trails with abundant wildlife.

Last Agent to Sell the Property

Josh Villalobos

IDEAL Real Estate License #141106 Listed on: 01/18/2022

IDEAL Real Estate

Last Buyer's Agent

. Not MLS

Not MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1940

Lot Details

  • 0.68 Acre Lot
  • Partially Fenced Property
  • Fenced Front Yard
  • Wood Fence
  • Level Lot
  • Irregular Lot
  • Property is zoned RR-5

Property Views

  • Water
  • Mountain

Home Design

  • Cottage
  • Block Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Recessed Lighting
  • Vinyl Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Exhaust Fan In Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Detached Carport Spaces
  • Gravel Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 978900052

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,954

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Addendum: Living room wired for speaker system. Seller never used; buyer to verify condition. Previous owner drew plans for another home to be built on upper part of property; buyer to verify feasibility.
  • Additional Comments: Great job Bill Groen!
  • Bathroom Equipment: Exhaust Fan
  • Ceilings: Textured, Vaulted
  • Class: Residential
  • Foundation: Concrete Block
  • Heat: Wall, Wood, Ductless Heat Pump
  • Lot Dimensions: Irreg
  • Number Of Bedrooms: 1
  • Patio Deck: Concrete, Covered, Deck, Patio, Wood
  • Road Access: Public, Paved
  • Section: 4
  • Sewage: Private, Gravity, Septic, Installed
  • Finished Sq Ft: 1040
  • Structure Type: 1 Story
  • Style: Cottage
  • Assessor Parcel Number: 978900052
  • Type: Site Built/Single Res.
  • View: Salt Water & Mountains
  • View 2: Unobstructed Mountains, Unobstructed Salt Water
  • Year Built: 1940
  • Zoning Code: RR-5
  • Zoning Description: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Oven, Washer
  • Dining Area: Off Kitchen
  • Floors: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Recessed Lighting
  • Range: 1E
  • Total Sq Ft: 1565
  • Walls: Drywall, Paint, Textured

Exterior Features

  • Exterior Features: Covered Porch
  • Fenced: Front Yard, Partial, Wood
  • Number Of Acres: 0.68
  • Roof: Composition
  • Siding: Fiber Cement

Garage/Parking

  • Carport: 2 Car, Detached, Enclosed, Storage
  • Driveway: Gravel
  • Garage Sq Ft: 525
  • Parking: On Site

Utilities

  • Water: Community, Hooked Up

Condo/Co-op/Association

  • Fee: $250/year for community water

Schools

  • Schools: Chimacum Ps, Chimacum Ms, Chimacum Hs

Lot Info

  • Lot Description: Irregular
  • Topography: Level, Slight Slope, Terraced

Tax Info

  • Taxes Dollar: 1954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 11, 2022
Sold by
Kiliam Benjamin D
Bought by
Lopeman Ryan J
Seller's Agent
Josh Villalobos
IDEAL Real Estate
Buyer's Agent
. Not MLS
Not MLS Office
List Price
$399,950
Sold Price
$450,000
Premium/Discount to List
$50,050
12.51%
Current Estimated Value
$517,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,432
Avg. Annual Appreciation
3.73%

Purchase Details

Listed on
Jul 1, 2019
Closed on
Oct 4, 2019
Sold by
Ness Brian W Van
Bought by
Killam Benjamin David
Seller's Agent
Sheryl Payseno-Burley
Windermere Sequim East
Buyer's Agent
Ian Meis
Keller Williams Greater 360
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.60%
Original Mortgage
$198,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2013
Closed on
Feb 18, 2014
Sold by
Johnson Mark and Johnson Nancy
Bought by
Vanness Brian W
Seller's Agent
Karen Best
Coldwell Banker Best Homes
Buyer's Agent
Karen Best
Coldwell Banker Best Homes
List Price
$149,900
Sold Price
$154,900
Premium/Discount to List
$5,000
3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$158,061
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2013
Sold by
Johnson Nancy
Bought by
Johnson Mark and Johnson Nancy

Purchase Details

Closed on
Aug 14, 2009
Sold by
Johnson Nancy
Bought by
Johnson Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopeman Ryan J -- Clallam Title
Killam Benjamin David $220,000 First American Title
Vanness Brian W -- None Available
Johnson Mark -- Jefferson Title Co Inc
Johnson Nancy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Killam Benjamin David $198,000
Previous Owner Vanness Brian W $158,061
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2022 02/16/22 Sold $450,000 +12.5% $433 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $399,950 +81.8% $385 / Sq Ft
10/11/2019 10/11/19 Sold $220,000 -8.3% $212 / Sq Ft View Prior Sale
09/10/2019 09/10/19 Pending -- -- --
08/28/2019 08/28/19 Price Changed $240,000 0.0% $231 / Sq Ft
08/28/2019 08/28/19 For Sale $240,000 +9.1% $231 / Sq Ft
08/26/2019 08/26/19 Off Market $220,000 -- --
08/22/2019 08/22/19 For Sale $280,000 0.0% $269 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/26/2019 07/26/19 Price Changed $280,000 -6.7% $269 / Sq Ft
07/13/2019 07/13/19 Price Changed $300,000 -6.3% $288 / Sq Ft
07/01/2019 07/01/19 For Sale $320,000 +106.6% $308 / Sq Ft
02/26/2014 02/26/14 Sold $154,900 +3.3% $149 / Sq Ft View Prior Sale
10/10/2013 10/10/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $149,900 0.0% $144 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $149,900 -- $144 / Sq Ft
Source: Olympic Listing Service

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 $3,153 $428,549 $232,650 $195,899
2023 $3,153 $393,882 $206,500 $187,382
2022 $1,991 $380,364 $201,500 $178,864
2021 $1,954 $212,274 $153,750 $58,524
2020 $1,836 $196,072 $141,450 $54,622
2019 $1,804 $177,920 $129,150 $48,770
2018 $1,869 $175,969 $129,150 $46,819
2017 $1,824 $162,016 $123,000 $39,016
2016 $1,617 $162,016 $123,000 $39,016
2015 $1,592 $143,310 $118,000 $25,310
2014 -- $143,310 $118,000 $25,310
2013 -- $143,310 $118,000 $25,310
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Josh Villalobos

    IDEAL Real Estate

    Section Image

  • .

    Buyer's Agent in 2022

    . Not MLS

    Not MLS Office

  • Sheryl Payseno-Burley

    Seller's Agent in 2019

    Sheryl Payseno-Burley

    Windermere Real Estate / Sequim East

    (360) 460-9363

    110 Total Sales

    Sheryl Payseno-Burley
    Section Image
  • Ian Meis

    Buyer's Agent in 2019

    Ian Meis

    Keller Williams Greater 360

    (360) 301-6909

    76 Total Sales

    Ian Meis
    Section Image
  • Karen Best

    Seller's Agent in 2014

    Karen Best

    Coldwell Banker Best Homes

    (360) 301-1710

    117 Total Sales

    Karen Best
    Section Image
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Map

Source: Olympic Listing Service

MLS Number: 360057

Olympic Listing Service

APN: 978900052

Washington Jefferson County Port Ludlow 98365

121 Olympus Blvd, Port Ludlow, WA

Not Listed for Sale

Detached

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