Listed by Orcas Island Realty, Bought with Orcas Island Realty
NOT LISTED FOR SALE

1585 Forest Ln Olga, WA 98279

Estimated Value: $1,180,000 - $1,654,000

2 Beds
2.5 Baths
2,085 Sq Ft
$647/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $1,200,000 $576 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,592/month

4 Days on Market

Highlights

  • Waterfront Community
  • Ocean View
  • Deck
  • Orcas Island High School Rated A
  • Clubhouse
  • Secluded Lot

About This Home

As of October 2020

Superb quality furnished 2 bedrm/2.5 bath home on Eagle Lake w/ 2 lots (15 &17). Imagine 290+ acres of private land w/ hiking trails, 17 acre lake w/ small islands to explore by canoe or paddle board, a beach on Georgia Strait for strolling, community garden/play field all bordered by Moran State Park & preserved parcels. Interior design upgrades to kitchen, bath, lighting, dining and laundry rooms by JAS Design Build. New furnace, driveway and flagstone patio. High speed internet, sep studio.

Last Agent to Sell the Property

Mary Clure

Orcas Island Realty License #2040 Listed on: 08/08/2020

Last Buyer's Agent

Marcela Barrientos

Orcas Island Realty License #125999

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1634285

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,068

Year Built

  • Built in 1997

Lot Details

  • 7,840 Sq Ft Lot
  • Secluded Lot
  • Terraced Lot
  • Wooded Lot
  • Property is in very good condition

HOA Fees

  • $658 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Ocean
  • Views of a Sound
  • Strait Views
  • Lake
  • Territorial

Home Design

  • Concrete Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,085 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Propane
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • High Tech Cabling

Listing and Financial Details

  • Tax Lot 15 and 17
  • Assessor Parcel Number 172650015000

Community Details

Overview

  • Built by Kamrin Erikson Co.
  • Eagle Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Property is near a preserve or public land

Amenities

  • Clubhouse

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,068

Year Built

Built in 1997

Lot Details

0

HOA Fees

$658 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1997
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Eagle Lake
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2085
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 52

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Double Oven, Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete
  • Interior Amenities: Ceramic Tile, Concrete, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Skylight(s), Water Heater
  • Living Area: 2085
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2085
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Metal
  • View: Lake, Ocean, See Remarks, Sound, Strait, Territorial
  • Lot Features: Adjacent to Public Land, Secluded
  • View: Yes
  • Waterfront: No
  • Builder Name: Kamrin Erikson Co.
  • Exterior Features: Wood
  • Foundation Details: Concrete Ribbon
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None, Off Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Utilities: High Speed Internet, Septic System, Propane, Wood
  • PowerCompany: OPALCO
  • WaterCompany: Eagle Lake Water
  • WaterHeaterLocation: Under House
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: CCRs, Club House, Community Waterfront/Pvt Beach
  • Association Fee: 658
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Orcas Island
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 172650015000
  • Topography: PartialSlope,Terraces
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Patio,Propane
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • LotNumber: 15 and 17

Green Features

  • Power Production Type: Propane, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 7068

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Sep 30, 2020
Sold by
Johnson James C and Johnson Tiffany A
Bought by
Murphy Mary Madeline and Schaper Vincent
Seller's Agent
Mary Clure
Orcas Island Realty
Buyer's Agent
Marcela Barrientos
Orcas Island Realty
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$1,349,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,814
Avg. Annual Appreciation
2.78%
Original Mortgage
$840,000
Outstanding Balance
$745,033
Interest Rate
2.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$626,966

Purchase Details

Listed on
Mar 13, 2013
Closed on
Sep 9, 2014
Sold by
Pregulman Robert Jay and Hale Randall L
Bought by
Johnson James C and Johnson Tiffany A
Seller's Agent
Wally Gudgell
COMPASS
Buyer's Agent
Mary Clure
Orcas Island Realty
List Price
$659,000
Sold Price
$600,000
Premium/Discount to List
-$59,000
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$480,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Pregulman Robert J and Hale Randall L
Bought by
Pregulman Robert J and Hale Randall L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Murphy Mary Madeline $1,200,000 San Juan Title
Johnson James C $5,820 First American Title
Pregulman Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Mary Madeline $840,000
Previous Owner Johnson James C $480,000
Previous Owner Pregulman Robert Jay $560,000
Previous Owner Pregulman Robert Jay $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $1,200,000 -4.0% $576 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $1,250,000 +108.3% $600 / Sq Ft
09/15/2014 09/15/14 Sold $600,000 -9.0% $265 / Sq Ft
07/26/2014 07/26/14 Pending -- -- --
04/08/2014 04/08/14 Price Changed $659,000 0.0% $292 / Sq Ft
04/08/2014 04/08/14 For Sale $659,000 +9.8% $292 / Sq Ft
07/21/2013 07/21/13 Off Market $600,000 -- --
03/12/2013 03/12/13 For Sale $679,000 -- $300 / 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
2023 $6,964 $1,293,140 $154,440 $1,138,700
2022 $7,605 $1,087,520 $140,400 $947,120
2021 $7,207 $1,028,090 $70,200 $957,890
2020 $6,465 $932,040 $58,500 $873,540
2019 $5,664 $813,140 $45,000 $768,140
2018 $4,765 $1,343,150 $706,750 $636,400
2017 $3,956 $595,580 $70,350 $525,230
2016 $3,934 $544,770 $78,170 $466,600
2015 $3,934 $557,920 $78,170 $479,750
2014 $3,934 $529,150 $88,820 $440,330
2012 $3,934 $614,870 $126,890 $487,980
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1634285

Northwest Multiple Listing Service (NWMLS)

APN: 172650-015-000