Listed by Windermere Real Estate Whatcom, Bought with Roopa Group
NOT LISTED FOR SALE

1313 NW Falls Creek Loop Oak Harbor, WA 98277

8 Beds
4 Baths
4,106 Sq Ft
0.3 Acres

Last Sold September 29, 2022

Last sale price $825,000 $201 Per Sq Ft

43 Days on Market

Highlights

  • Territorial View
  • Central Air
  • Wall to Wall Carpet
  • Broadview Elementary School Rated A-
  • Property is in very good condition

About This Home

As of September 2022

Two 4-plex properties offered for sale. Professionally managed and well maintained, these 2 Bedroom, 1 bath units in 4-plex buildings are strategically located in close proximity to NAS Whidbey Naval Air Station, Oak Harbor. Owners have maintained each property to well above normal standards in each unit and the properties. NAS Whidbey continues to grow creating a high demand for housing for the pilots, flight and support crews and their families. With limited on-base housing the Naval Air Station’s growth has created a high demand for multi-family housing in the greater Oak Harbor market. These units are an excellent, hard to find, investment opportunity, including 1031 exchange. Purchase separately or together as a two-building purchase.

Last Agent to Sell the Property

Robert Sandoz

Windermere Real Estate Whatcom License #11307 Listed on: 06/29/2022

Windermere Real Estate Whatcom

Last Buyer's Agent

Roopa Kannasani

Roopa Group License #23000060

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1960504

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,150

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Property is in very good condition

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 4,106 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Central Air

Community Details

  • Oak Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number S763200000390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,150

Year Built

Built in 2004

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2004
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4106
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 379

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Central A/C, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Cooling Y N: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Oak Harbor
  • WaterCompany: City of Oak Harbor
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 415
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Oak Harbor

Lot Info

  • Parcel Number: S763200000390
  • Lot Size Acres: 0.295
  • Lot Size Sq Ft: 12851
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17.36
  • LeasedItems: None
  • TotalMonthlyIncome: 5300

Multi Family

  • Gross Scheduled Income: 65325
  • Net Operating Income: 53151
  • Number Of Units Total: 4
  • Insurance Expense: 1522
  • Leasable Area: 3790
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5150

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $825,000 -17.1% $201 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $995,000 +132.5% $242 / Sq Ft
08/01/2014 08/01/14 Sold $427,950 -0.5% --
07/21/2014 07/21/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $429,950 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Sandoz

    Seller's Agent in 2022

    Robert Sandoz

    Windermere Real Estate Whatcom

    (360) 296-7292

    24 Total Sales

    Section Image
  • Roopa Kannasani

    Buyer's Agent in 2022

    Roopa Kannasani

    Roopa Group

    (425) 499-8894

    1,057 Total Sales

    Section Image
  • Victoria Foreman

    Seller's Agent in 2014

    Victoria Foreman

    KW NCW

    (509) 888-0038

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1960504

Northwest Multiple Listing Service (NWMLS)

Washington Island County Oak Harbor 98277

1313 NW Falls Creek Loop, Oak Harbor, WA

This home is located at 1313 NW Falls Creek Loop, Oak Harbor, WA 98277 since 29 June 2022. This property was built in 2004. 1313 NW Falls Creek Loop is a home located in Island County with nearby schools including Broadview Elementary School, Oak Harbor Middle School, and Oak Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes