Listed by COMPASS, Bought with Windermere R.E. Port Townsend
NOT LISTED FOR SALE

1298 Hancock St Port Townsend, WA 98368

Estimated Value: $688,000 - $974,595

3 Beds
1 Bath
1,450 Sq Ft
$583/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $433,000 $299 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,162/month

3 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Secluded Lot
  • Fruit Trees
  • Northwest Architecture
  • Wood Flooring

About This Home

As of July 2019

A once-in-a-lifetime opportunity to purchase a beautiful single-level home situated on the corner of a city block's worth of R-III zoned raw land. This home boasts spacious single-level living at its best, featuring a gorgeous kitchen with real wood cabinets and granite counters, big bedrooms and ample deck and garden space, plus attached two-car garage. Live in the house while you develop the surrounding properties, rent it out for an early return on your investment, or keep as is for privacy.

Last Agent to Sell the Property

Paul Rice

COMPASS License #24002485 Listed on: 05/04/2019

COMPASS

Last Buyer's Agent

Michelle Sandoval

Windermere R.E. Port Townsend License #43646

Windermere R.E. Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1450803

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,611

Year Built

  • Built in 1978

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Brush Vegetation
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is zoned R-III

Parking

  • Attached Garage

Home Design

  • Northwest Architecture
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Castle Hill Community

Listing and Financial Details

  • Assessor Parcel Number 948314901

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,611

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Walk In Pantry
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1450
  • Square Footage Finished: 1450

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Block, Poured Concrete
  • Roof: Metal

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PUD No.1 of Jefferson County
  • Sewer: Sewer Connected
  • Sewer Company: City of Port Townsend
  • Water Company: City of Port Townsend
  • Water Heater: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Castle Hill
  • Project: Eisenbeis Addition

Schools

  • Elementary School: Salish Coast Element
  • Middle School: Blue Heron Mid
  • High School: Port Townsend High
  • School District: PTT

Lot Info

  • Lot Number: 1-8
  • Lot Details: Corner Lot, Cul-De-Sac, Dead End Street, Paved Street, Secluded
  • Lot Dimensions: 200x200
  • Lot Sq Ft: 40075
  • Lot Topography Vegetation: Brush, Fruit Trees, Garden Space, Level, Wooded
  • Parcel Number: 948314901
  • Zoning Code: R-III
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Fruit Trees, Garden Space, Level, Wooded

Tax Info

  • Tax Amount: 3120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Jul 8, 2019
Sold by
Mckelvey Sally H
Bought by
Smith Darbra Lynn and Nagle Eric William
Seller's Agent
Paul Rice
COMPASS
Buyer's Agent
Michelle Sandoval
Windermere R.E. Port Townsend
List Price
$429,000
Sold Price
$433,000
Premium/Discount to List
$4,000
0.93%
Current Estimated Value
$827,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,030
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Apr 10, 2013
Sold by
Mckelvey Troy
Bought by
Mckelvey Sally H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,800
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

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
Smith Darbra Lynn $433,000 First American Title
Mckelvey Sally H -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Darbra Lynn $100,000
Closed Smith Darbra Lynn $50,000
Previous Owner Mckelvey Sally H $173,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $433,000 +0.9% $299 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $429,000 -- $296 / 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 $7,611 $848,377 $335,500 $512,877
2022 $5,269 $808,877 $296,000 $512,877
2021 $4,473 $543,216 $184,125 $359,091
2020 $4,212 $444,702 $162,030 $282,672
2019 $3,090 $408,228 $147,300 $260,928
2018 $3,420 $325,116 $147,300 $177,816
2017 $3,022 $314,689 $142,800 $171,889
2016 $2,673 $296,907 $142,800 $154,107
2015 $2,635 $273,198 $142,800 $130,398
2014 -- $267,271 $142,800 $124,471
2013 -- $254,545 $136,000 $118,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1450803

Northwest Multiple Listing Service (NWMLS)

APN: 948314901