NOT LISTED FOR SALE

1520 Shine Rd Port Ludlow, WA 98365

Estimated Value: $1,150,000 - $1,412,000

2 Beds
1 Bath
1,508 Sq Ft
$854/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $950,000 $630 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,471/month

Highlights

  • Views of a Sound
  • Community Boat Launch
  • Deck
  • Barn
  • Fruit Trees
  • Northwest Architecture

About This Home

As of August 2020

Magical waterfront compound merges 180 degrees of southern exposure, looking straight down Hood Canal, with the towering Olympic Mountains as a backdrop. This former waterfront farm was redesigned by acclaimed northwest architect Jim Cutler. The focus of his attention was the incredible saltwater and mountain views. This inspirational 3 acre parcel includes original barns, personal beach access, tree house built by the renown TreeHouse Workshop Co., orchard, and garden space.

Last Agent to Sell the Property

Jan Garing

Windermere R.E. Port Townsend License #12925 Listed on: 08/28/2020

Windermere R.E. Port Townsend

Last Buyer's Agent

Jan Garing

Windermere R.E. Port Townsend License #12925 Listed on: 08/28/2020

Windermere R.E. Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1654692

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,383

Year Built

  • Built in 1910

Lot Details

  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Gated Home
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is zoned County

Property Views

  • Views of a Sound
  • Canal
  • Mountain

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Softwood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Farming

  • Barn
  • Pasture

Utilities

  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 721031001

Community Details

Overview

  • Shine Community

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,383

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Nw Contemporary
  • Homebuilder: James Cutler/addition
  • Building Information: Built On Lot
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Dbl Pane/Storm Windw, French Doors, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Fir/Softwood, Hardwood, Laminate
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • 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
  • Extra Finished Room: Upper
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1508
  • Square Footage Finished: 1508

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Canal, Mountain, Sound
  • Waterfront: Bank-Medium, Canal, Saltwater, Sound
  • Waterfront Frontage: Approx. 192'

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard, Stove/Free Standing
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Shine
  • Community Features: Boat Launch, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Chimacum Creek Prima
  • Middle School: Chimacum Mid
  • High School: Chimacum High
  • School District: CHI

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 130680
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Pasture, Steep Slope
  • Parcel Number: 721031001
  • Zoning Code: County
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Pasture, Steep Slope

Tax Info

  • Tax Amount: 6038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Aug 22, 2020
Sold by
Merkle Daniel R
Bought by
Abramson Michael D and Lopilato Karen P
Seller's Agent
Jan Garing
Windermere R.E. Port Townsend
Buyer's Agent
Jan Garing
Windermere R.E. Port Townsend
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$1,287,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,985
Avg. Annual Appreciation
6.15%
Original Mortgage
$510,000
Outstanding Balance
$451,562
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$836,423

Purchase Details

Closed on
Feb 17, 2012
Sold by
Siegel Robert J and Siegel Maureen
Bought by
Merkle Daniel R

Purchase Details

Closed on
Jul 23, 2005
Sold by
Walker John H and Walker John R
Bought by
Siegel Robert J and Merkle Daniel R

Purchase Details

Closed on
Aug 11, 2004
Sold by
Fairhall Jeffrey and Fairhell Jeffrey
Bought by
Siegel Robert J and Merkle Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Second
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
Abramson Michael D $950,000 First American
Merkle Daniel R $255,500 None Available
Siegel Robert J -- First American Title
Siegel Robert J -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abramson Michael D $510,000
Previous Owner Siegel Robert J $341,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $950,000 0.0% $630 / Sq Ft
08/28/2020 08/28/20 For Sale $950,000 -- $630 / 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 $7,383 $937,156 $460,080 $477,076
2023 $7,383 $932,156 $455,080 $477,076
2022 $7,607 $927,156 $450,080 $477,076
2021 $6,233 $830,385 $418,860 $411,525
2020 $5,940 $638,970 $402,750 $236,220
2019 $5,400 $588,580 $370,530 $218,050
2018 $6,090 $538,189 $338,310 $199,879
2017 $5,567 $538,189 $338,310 $199,879
2016 $5,722 $503,908 $322,200 $181,708
2015 $5,645 $511,035 $317,200 $193,835
2014 -- $511,035 $317,200 $193,835
2013 -- $511,035 $317,200 $193,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1654692

Northwest Multiple Listing Service (NWMLS)

APN: 721031001