NOT LISTED FOR SALE

1518 Cove Beach Way Camano Island, WA 98282

Estimated Value: $1,160,000 - $1,440,114

2 Beds
5 Baths
2,850 Sq Ft
$458/Sq Ft Est. Value

Last Sold November 01, 2012

Last sale price $825,000 $289 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,028/month

181 Days on Market

About This Home

As of November 2012

Westside "no bank" waterfront. 2 bedrooms with 3 more possible sleeping rooms. A beautiful home with the personal touch of an artist. Designed to take full advantage of waterfront living-Large open windows, decks, river rock fireplace, open floor plan with vaulted ceiling.Master has its own fireplace & veranda.View windows overlooking the Saratoga Passage, boat traffic, whales and lots of eagles.Enjoy the sunsets and snow-capped Olympic Mtns.Has a mooring ball right out front, for your boat!

Last Agent to Sell the Property

Susan Picht

Coldwell Banker Bain License #28977 Listed on: 04/02/2012

Coldwell Banker Bain

Last Buyer's Agent

Anne Taylor

North48 Real Estate License #2137

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM338404

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2018
Sold by
Larsen Eric P and Larsen Christine A
Bought by
Fay William and Fay Jody Beth
Total Days on Market
181
Current Estimated Value
$1,304,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$403,763
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$864,006

Purchase Details

Listed on
Apr 2, 2012
Closed on
Nov 8, 2012
Sold by
Fay Patricia J
Bought by
Larsen Eric P and Larsen Christine A
Seller's Agent
Susan Picht
Coldwell Banker Bain
Buyer's Agent
Anne Taylor
North48 Real Estate
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$417,000
Interest Rate
3.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Fay William $1,125,000 Land Title & Escrow Island C
Larsen Eric P $825,280 Lt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fay William $475,000
Previous Owner Larsen Eric P $417,000
Previous Owner Fay Patricia J $100,000
Previous Owner Fay Patricia J $215,000
Previous Owner Fay Patricia J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2012 11/01/12 Sold $825,000 0.0% $289 / Sq Ft
09/30/2012 09/30/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $825,000 -- $289 / 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 $8,464 $1,104,703 $575,750 $528,953
2023 $8,464 $1,111,134 $575,750 $535,384
2022 $8,398 $1,041,382 $550,750 $490,632
2021 $8,575 $912,366 $500,750 $411,616
2020 $8,054 $902,466 $500,750 $401,716
2019 $6,847 $836,948 $525,750 $311,198
2018 $7,405 $712,861 $400,750 $312,111
2017 $6,691 $714,687 $400,750 $313,937
2016 $6,832 $718,336 $400,750 $317,586
2015 $7,025 $705,577 $400,750 $304,827
2013 -- $718,114 $398,335 $319,779
Source: Public Records

Agents Affiliated with this Home

  • Susan Picht

    Seller's Agent in 2012

    Susan Picht

    Coldwell Banker Bain

    (206) 724-8768

    19 Total Sales

    Susan Picht
    Section Image

  • A

    Buyer's Agent in 2012

    Anne Taylor

    North48 Real Estate

    (425) 268-7291

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM338404

Northwest Multiple Listing Service (NWMLS)

APN: R23123-111-2220

Washington Island County Camano Island 98282

1518 Cove Beach Way, Camano Island, WA

This home is located at 1518 Cove Beach Way, Camano Island, WA 98282 since 02 April 2012 and is currently estimated at $1,304,529, approximately $457 per square foot. This property was built in 1998. 1518 Cove Beach Way is a home located in Island County with nearby schools including Elger Bay Elementary School, Stanwood Middle School, and Stanwood 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) 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. ©2025 NWMLS.

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