NOT LISTED FOR SALE

1720 Memory Ln Port Townsend, WA 98368

Estimated Value: $508,000 - $543,000

3 Beds
2 Baths
1,436 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $505,000 $352 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,241/month

7 Days on Market

Highlights

  • Spa
  • Fruit Trees
  • Property is near public transit
  • Port Townsend High School Rated 9+
  • Deck
  • Territorial View

About This Home

As of August 2022

Step inside this bright, charming rambler and instantly feel at home. The open living space has an efficient floor plan to keep you feeling comfortable. A cozy propane insert, hardwood floors, and skylights add to that feeling. Nestled on a spacious corner lot with a circular driveway, an oversized deck with an almost-new hot tub, and a private patio area on the outside. Wonderful garden space with a raised bed, apple trees, mature landscaping, and a fully-fenced backyard. A separate living space can be used as a rental. Just 2 miles to downtown PT. Close to schools, the library, the hospital, restaurants, and grocery stores - not to mention a brewery, winery, and distillery! All of these adjacent to park, playground, and trails.

Last Listed By

Gina Johnston

Windermere R.E. Port Townsend License #49540 Listed on: 06/29/2022

Windermere R.E. Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1960261

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1978

Lot Details

  • 6,970 Sq Ft Lot
  • South Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in good condition

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit

Utilities

  • Propane
  • Water Heater

Community Details

  • No Home Owners Association
  • Port Townsend Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 932400005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Building Name: Bishop Park Addn.
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1436
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,019

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Hot Tub/Spa, Skylight(s), Water Heater
  • Living Area: 1436
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 1436
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Propane, Sewer Connected, Electricity Available, Propane
  • HeatingCoolingType: Baseboard,Stove/Free Standing
  • PowerCompany: Jefferson County PUD #1
  • SewerCompany: City of Port Townsend
  • WaterCompany: City of Port Townsend
  • WaterHeaterLocation: Laundry room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Port Townsend #50

Lot Info

  • Parcel Number: 932400005
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Hot Tub/Spa,Outbuildings,Patio,Propane
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: City
  • LotNumber: 5

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3500

Multi Family

  • EnergySource: Electric,Propane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 6, 2022
Sold by
Tharp Douglas S
Bought by
Douglas S Tharp And Johanna Watzinger-Tharp F
Seller's Agent
Gina Johnston
Windermere R.E. Port Townsend
Buyer's Agent
Sophia Elan
Windermere R.E. Port Townsend
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%
Total Days on Market
7
Current Estimated Value
$524,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,111
Avg. Annual Appreciation
0.23%
Original Mortgage
$378,750
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2022
Closed on
Jul 28, 2022
Sold by
Fritz Deborah K
Bought by
Tharp Douglas S and Watzinger-Tharp Johanna
Seller's Agent
Gina Johnston
Windermere R.E. Port Townsend
Buyer's Agent
Sophia Elan
Windermere R.E. Port Townsend
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2021
Sold by
Fritz Deborah
Bought by
Fritz Deborah K and Fritz Family Trust

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 28, 2020
Sold by
Reidel Charles Allan and Reidel Marcia Lynne
Bought by
Fritz Deborah
Seller's Agent
Staci Matthes
RE/MAX FIRST Inc Port Ludlow
Buyer's Agent
Christy Kinnaird
Seattle Living Spaces
List Price
$370,000
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$351,500
Interest Rate
3.1%
Mortgage Type
New Conventional

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
Douglas S Tharp And Johanna Watzinger-Tharp F -- --
Tharp Douglas S -- Jefferson Title
Fritz Deborah K -- None Available
Fritz Deborah $370,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tharp Douglas S $378,750
Previous Owner Fritz Deborah $351,500
Previous Owner Reidel Charles $175,000
Previous Owner Reidel Marcia $136,625
Previous Owner Reidel Marcia $150,000
Previous Owner Reidel Marcia $30,000
Previous Owner Reidel Marcia $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $505,000 +1.2% $352 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $499,000 +34.9% $347 / Sq Ft
08/04/2020 08/04/20 Sold $370,000 0.0% $258 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $370,000 0.0% $258 / Sq Ft
06/17/2020 06/17/20 For Sale $370,000 -2.4% $258 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $379,000 -- $264 / 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 $4,030 $448,729 $105,000 $343,729
2022 $3,503 $423,729 $80,000 $343,729
2021 $2,141 $360,839 $73,440 $287,399
2020 $2,018 $212,430 $67,320 $145,110
2019 $1,742 $195,148 $61,200 $133,948
2018 $1,849 $183,098 $61,200 $121,898
2017 $1,598 $169,891 $56,700 $113,191
2016 $1,494 $156,831 $56,700 $100,131
2015 $1,460 $152,477 $56,700 $95,777
2014 -- $148,124 $56,700 $91,424
2013 -- $141,070 $54,000 $87,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1960261

Northwest Multiple Listing Service (NWMLS)

APN: 932400005