$1,225,000
SOLD JAN 18, 2018

1523 Madison St Port Townsend, WA 98368

6 Beds
2 Baths
3,746 Sq Ft
0.29 Acres

Recently Sold

$327 Per Sq Ft

2% Below List Price

Highlights

  • Ocean View
  • Victorian Architecture
  • Attached Garage
  • Wood Flooring
  • 1 Fireplace
  • Patio

About This Home

As of September 2022

This 1890 Victorian on Morgan Hill with waterviews from almost every window is truly a PT treasure! The main house was beautifully restored in 2007 with no expense spared to preserve the character and quality: replacement of all windows; bathroom remodel; new plumbing and wiring; all floors replaced/renewed; main floor walls and ceiling restored; iron fence with electric gate; kitchen/dining remodel with Italian granite counters. Beautiful living space above the garage is equally exquisite.

Last Agent to Sell the Property

Staci Matthes

RE/MAX FIRST Inc Port Ludlow License #23012340 Listed on: 11/08/2017

RE/MAX FIRST Inc Port Ludlow

Co-Listed By

Holley Carlson

The Agency - Port Townsend License #6199

The Agency - Port Townsend

Last Buyer's Agent

Holley Carlson

The Agency - Port Townsend License #6199

The Agency - Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1210921

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,274

Year Built

  • Built in 1890

Lot Details

  • Dog Run
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Strait Views

Home Design

  • Victorian Architecture
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Propane
  • High Speed Internet

Community Details

  • Uptown Community

Listing and Financial Details

  • Assessor Parcel Number 974100503

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,274

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Victorian
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Security System
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 6.00
  • Bathrooms: 3.50
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 3746
  • Square Footage Finished: 3746

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block, Poured Concrete
  • Roof: Composition
  • View: Bay, Ocean, Sound, Strait

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Radiant, Stove/Free Standing
  • Power Company: PUD #1
  • Sewer: Sewer Connected
  • Sewer Company: City of Port Townsend
  • Water Company: City of Port Townsend
  • Water Heater: Garage closet-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Uptown
  • Project: Mountain View Addition

Schools

  • Elementary School: Grant Street Elem
  • Middle School: Blue Heron Mid
  • High School: Port Townsend High
  • School District: PTT

Lot Info

  • Lot Number: 7 & 8
  • Lot Details: Paved Street
  • Lot Dimensions: 100x125
  • Lot Sq Ft: 12502
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 974100503
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 7945

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Sep 23, 2022
Sold by
David Winters
Bought by
Frederica S Lofquist Living Trust
Seller's Agent
Holley Carlson
The Agency - Port Townsend
Buyer's Agent
Holley Carlson
The Agency - Port Townsend
List Price
$2,050,000
Sold Price
$2,050,000
Current Estimated Value
$2,044,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,642
Avg. Annual Appreciation
-0.09%
Original Mortgage
$1,050,000
Outstanding Balance
$1,000,102
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$1,044,256

Purchase Details

Listed on
Nov 8, 2017
Closed on
Jan 9, 2018
Sold by
Sebben Jack E
Bought by
Winters David and Wanstall Sandra
Seller's Agent
Staci Matthes
RE/MAX FIRST Inc Port Ludlow
Buyer's Agent
Holley Carlson
The Agency - Port Townsend
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$525,000
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 8, 2007
Sold by
Kennedy Jerry F
Bought by
Sebben Jack E
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Frontier Title & Escrow
Warranty Deed $1,225,000 First American Title
Warranty Deed $825,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 New Conventional
Previous Owner $525,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $2,050,000 0.0% $547 / Sq Ft
09/29/2022 09/29/22 For Sale $2,050,000 +67.3% $547 / Sq Ft
01/18/2018 01/18/18 Sold $1,225,000 -2.0% $327 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $1,250,000 -- $334 / 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 $15,274 $1,782,527 $440,715 $1,341,812
2023 $15,274 $1,703,573 $415,433 $1,288,140
2022 $12,953 $1,571,446 $390,650 $1,180,796
2021 $11,982 $1,336,976 $349,688 $987,288
2020 $11,301 $1,192,879 $307,725 $885,154
2019 $9,590 $1,096,816 $279,750 $817,066
2018 $8,487 $1,010,108 $235,625 $774,483
2017 $7,945 $781,378 $236,785 $544,593
2016 $7,047 $781,378 $236,785 $544,593
2015 $6,908 $720,868 $236,785 $484,083
2014 -- $700,697 $236,785 $463,912
2013 -- $609,300 $205,900 $403,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1210921

Northwest Multiple Listing Service (NWMLS)

APN: 974100503