NOT LISTED FOR SALE

1524 Cove Beach Way Camano Island, WA 98282

Estimated Value: $1,080,000 - $1,211,000

2 Beds
2 Baths
1,408 Sq Ft
$813/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $1,180,000 $838 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,648/month

53 Days on Market

Highlights

  • Boathouse
  • Ocean View
  • Gated Community
  • Low Bank Waterfront Property
  • RV Access or Parking
  • Deck

About This Home

As of July 2024

Immerse yourself in tranquil PNW waterfront living. This remodeled 1,408 sq.ft. 2BR home features rich solid wood interiors/exteriors - enveloping you in rustic elegance. Sweeping Salish Sea & Olympic Mtn. views to 93 ft low-bank beach embrace you. Retreat to the primary suite haven of authentic wood beauty. Let rhythmic waves lull you to sleep.Enjoy the expansive deck as sunsets paint the sky. Listen for whales. Convenient boathouse, davit & private buoy.An hour from Seattle, this thoughtfully remodeled turn-key home offers ultimate lock-and-leave convenience for rejuvenating escapes or island lifestyle. Short-term rental use allowed.

Last Agent to Sell the Property

Anne Taylor

North48 Real Estate License #2137 Listed on: 04/14/2024

Last Buyer's Agent

Josh Murphy

COMPASS License #21010105

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2220051

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,648

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 93 x 38 x 93 x 38
  • Low Bank Waterfront Property
  • 93 Feet of Waterfront
  • Ocean Front
  • Home fronts a sound
  • Street terminates at a dead end
  • West Facing Home
  • Gated Home
  • Level Lot
  • Drought Tolerant Landscaping

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Property Views

  • Ocean
  • Views of a Sound
  • Mountain

Home Design

  • Cabin
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Boathouse
  • Deck

Schools

  • Elger Bay Elementary School
  • Stanwood Mid Middle School
  • Stanwood High School

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Propane
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R231231052270

Community Details

Overview

  • Konan And Michele Luce Association
  • Secondary HOA Phone (360) 926-8565
  • Built by Dan Wickstrom Partial Remodel
  • Westside Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,648

Year Built

Built in 1968 | Remodeled

Lot Details

0

HOA Fees

$17 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,Microwaves,Refrigerators,StovesRanges,Washers,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1408
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 366

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Vaulted Ceiling(s), Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 1408
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1408
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sea, Sound
  • Lot Features: Dead End Street, Drought Res Landscape
  • View: Yes
  • Waterfront Features: Bank-Low, Bulkhead, Saltwater, Sea, Sound
  • Waterfront: Yes
  • Builder Name: Dan Wickstrom Partial Remodel
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Remodeled
  • Structure Type: House
  • WaterfrontFootage: 93
  • WaterAccess: Deeded Access,Tideland Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: SecurityGate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Stove/Free Standing, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Sno Co PUD
  • SewerCompany: N/A
  • WaterCompany: Camano Cooperative Water & Power
  • WaterHeaterType: Electric (2)

Condo/Co-op/Association

  • Community Features: CCRs, Gated
  • Senior Community: No
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Phone: 360-926-8565
  • Association: Yes
  • AssociationContactName: Konan and Michele Luce

Schools

  • Junior High Dist: Stanwood-Camano
  • High School: Stanwood High
  • Middle Or Junior School: Stanwood Mid

Lot Info

  • Parcel Number: R231231052270
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.427
  • Lot Size: 93 x 38 x 93 x 38
  • Lot Size Sq Ft: 18600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cable TV,Deck,Gated Entry,High Speed Internet,Moorage,Propane,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6648

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Elger Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2024
Closed on
Jul 3, 2024
Sold by
Richman James A and Richman Penne J
Bought by
Anderson David L and Anderson Jodee L
Seller's Agent
Anne Taylor
North48 Real Estate
Buyer's Agent
Josh Murphy
COMPASS
List Price
$1,195,000
Sold Price
$1,180,000
Premium/Discount to List
-$15,000
-1.26%
Total Days on Market
53
Views
38
Current Estimated Value
$1,144,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,034
Avg. Annual Appreciation
-3.29%
Original Mortgage
$880,000
Outstanding Balance
$873,198
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$271,768

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 1, 2017
Sold by
Rancich Demmert Steven L and Rancich Demmert Karen
Bought by
Richman James A and Richman Penne J
Seller's Agent
Janet Sollid
Sollid Real Estate, LLC
Buyer's Agent
Anne Taylor
North48 Real Estate
List Price
$675,000
Sold Price
$665,000
Premium/Discount to List
-$10,000
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%

Purchase Details

Listed on
Aug 12, 2012
Closed on
Dec 12, 2012
Sold by
Scott Michal A and Scott Jo Ann
Bought by
Rancich Demmert Steven L and Rancich Demmert Karen
Seller's Agent
Darcy Drysdale
Preview Properties NW LLC
Buyer's Agent
Janet Sollid
Sollid Real Estate, LLC
List Price
$510,000
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$408,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Anderson David L $1,180,000 Land Title
Richman James A $665,000 Land Title & Escrow Skagit &
Rancich Demmert Steven L $510,000 Land Title Escrow Island Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson David L $880,000
Previous Owner Rancich Demmert Steven L $408,000
Previous Owner Scott Michal A $200,000
Previous Owner Scott Michal A $233,000
Previous Owner Scott Michal A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $1,180,000 -1.3% $838 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $1,195,000 0.0% $849 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $1,195,000 +79.7% $849 / Sq Ft
06/15/2017 06/15/17 Sold $665,000 -1.5% $512 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $675,000 +32.4% $520 / Sq Ft
12/20/2012 12/20/12 Sold $510,000 0.0% $393 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
08/12/2012 08/12/12 For Sale $510,000 -- $393 / 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 $6,648 $867,939 $575,930 $292,009
2023 $6,648 $871,490 $575,930 $295,560
2022 $6,761 $821,767 $550,930 $270,837
2021 $6,924 $733,646 $500,930 $232,716
2020 $6,657 $727,828 $500,930 $226,898
2019 $6,405 $691,036 $525,930 $165,106
2018 $5,460 $666,520 $500,930 $165,590
2017 $4,924 $525,798 $400,930 $124,868
2016 $5,066 $527,400 $400,930 $126,470
2015 $5,199 $522,070 $400,930 $121,140
2013 -- $596,241 $494,596 $101,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2220051

Northwest Multiple Listing Service (NWMLS)

APN: R23123-105-2270