Listed by RE/MAX Gateway, Bought with Whidbey View Homes
NOT LISTED FOR SALE

1402 Fossil Ln Oak Harbor, WA 98277

Estimated Value: $1,917,566 - $2,326,000

3 Beds
3.5 Baths
4,203 Sq Ft
$494/Sq Ft Est. Value

Last Sold October 08, 2024

Last sale price $2,200,000 $523 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $11,791/month

89 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Ocean View
  • Spa
  • Coupeville Elementary School Rated A-
  • Property has ocean access
  • RV Access or Parking

About This Home

As of October 2024

Indulge in the epitome of luxury living with this waterfront masterpiece in Penn Cove, boasting breathtaking views of the ocean, mountains & town of Coupeville's historic wharf. Every detail exudes opulence, from the custom beamed ceilings to the travertine and hardwood floors that grace this architectural gem. The gourmet kitchen for entertaining with slab granite countertops, is a culinary haven. Outside, a two-story fireplace sets the stage for gatherings on the expansive deck, overlooking the tranquil waters. With private beach access and tideland rights, enjoy seaside bliss in complete seclusion. Embrace exclusivity within the gated and fully fenced premises, where every moment promises unparalleled tranquility and sophistication.

Last Agent to Sell the Property

Kelli Lang

RE/MAX Gateway License #26135 Listed on: 05/31/2024

RE/MAX Gateway

Last Buyer's Agent

Pamela Z Hill

Whidbey View Homes License #17061

Whidbey View Homes

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2245619

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,720

Year Built

  • Built in 2008

Lot Details

  • 0.97 Acre Lot
  • Low Bank Waterfront Property
  • 100 Feet of Waterfront
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Sloped Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition
  • Zoning described as 330

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,203 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • 6 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Property has ocean access
  • Patio

Schools

  • Coupeville Elementary School
  • Coupeville Mid Middle School
  • Coupeville High School

Utilities

  • Radiant Heating System
  • Generator Hookup
  • Propane
  • Shared Well
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Yonkman
  • Penn Cove Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number S772500000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,720

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 2008
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Penn's Cove Manor
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 4203
  • SeniorExemption: false
  • SOCComments: ***2.5%***
  • Special Features: None

Interior Features

  • Fireplaces: 6
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Disposal, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Travertine
  • Interior Amenities: Second Primary Bedroom, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Hardwood, Hot Tub/Spa, Jetted Tub, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater, Wet Bar, Wired for Generator
  • Living Area: 4203
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 4203
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Ocean, Sound
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-Low, Bank-Medium, Ocean Access, Saltwater
  • Waterfront: Yes
  • Builder Name: Yonkman
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 100
  • WaterAccess: Beach Rights,Tideland Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Security: PartiallyFenced, SecurityGate, SecuritySystem
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Shared Well
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Coupeville
  • High School: Coupeville High
  • Middle Or Junior School: Coupeville Mid

Lot Info

  • Parcel Number: S772500000062
  • Topography: Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.97
  • Lot Size Sq Ft: 42253
  • Zoning Description: 330
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gated Entry,High Speed Internet,Hot Tub/Spa,Patio,Propane,RV Parking,Sprinkler System
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 6

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 12720.23

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Coupeville Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Oct 3, 2024
Sold by
Ross And Jennifer Geller Family Living T and Geller Ross S
Bought by
Gasper Kirk P and Gasper Michele L
Seller's Agent
Kelli Lang
RE/MAX Gateway
Buyer's Agent
Pamela Z Hill
Whidbey View Homes
List Price
$2,375,000
Sold Price
$2,200,000
Premium/Discount to List
-$175,000
-7.37%
Views
45
Current Estimated Value
$2,075,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$124,811
Avg. Annual Appreciation
-5.41%

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 16, 2019
Sold by
Zwicker Jason and Zwicker Francisca
Bought by
Ross And Jennifer Geller Family Liv Tr
Seller's Agent
Jason Zwicker
Heaton Dainard, LLC
Buyer's Agent
Anita Johnston
COMPASS
List Price
$1,345,000
Sold Price
$1,250,000
Premium/Discount to List
-$95,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Apr 6, 2017
Sold by
Saar Douglas A and Saar Tara
Bought by
Zwicker Jason and Zwicker Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,247
Interest Rate
4.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 31, 2017
Sold by
Eastside Funding Llc
Bought by
Zwicker Jason and Zwicker Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,247
Interest Rate
4.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 21, 2005
Sold by
Sparavalo Thomas W
Bought by
Saar Doug and Saar Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.6%
Mortgage Type
Seller Take Back
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
Gasper Kirk P $2,200,000 None Listed On Document
Ross And Jennifer Geller Family Liv Tr $1,250,000 Chicago Title Company Of Wa
Zwicker Jason $722,251 None Available
Zwicker Jason -- None Available
Saar Doug $160,000 Chicago Title Co Island Div
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zwicker Jason $663,247
Previous Owner Saar Doug $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2024 10/08/24 Sold $2,200,000 -9.5% $523 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $2,430,000 +2.3% $578 / Sq Ft
05/31/2024 05/31/24 For Sale $2,375,000 +90.0% $565 / Sq Ft
05/23/2019 05/23/19 Sold $1,250,000 -7.1% $297 / Sq Ft View Prior Sale
04/18/2019 04/18/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $1,345,000 -- $320 / 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
2025 $11,153 $1,932,336 $631,010 $1,301,326
2024 $12,720 $1,781,648 $576,010 $1,205,638
2023 $12,720 $1,792,364 $576,010 $1,216,354
2022 $10,992 $1,560,901 $451,010 $1,109,891
2021 $10,104 $1,274,078 $301,010 $973,068
2020 $8,505 $1,246,126 $301,010 $945,116
2019 $8,544 $1,053,705 $301,010 $752,695
2018 $9,327 $1,035,949 $301,010 $734,939
2017 $8,834 $989,617 $251,010 $738,607
2016 $9,299 $997,824 $251,010 $746,814
2015 $8,773 $1,006,032 $251,010 $755,022
2013 -- $1,002,049 $230,616 $771,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2245619

Northwest Multiple Listing Service (NWMLS)

APN: S7725-00-00006-2