NOT LISTED FOR SALE

173 Falls Dr Eastsound, WA 98245

Estimated Value: $2,113,000 - $3,210,000

3 Beds
1 Bath
6,080 Sq Ft
$460/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $1,600,000 $263 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $15,868/month

57 Days on Market

Highlights

  • Ocean View
  • Spa
  • Northwest Architecture
  • Orcas Island High School Rated A-
  • Deck
  • Secluded Lot

About This Home

As of November 2017

"Perched above the Salish Sea" lies an extraordinary estate of 15 private acres, 180 degree sound and island views. Gated entry. Lovely landscaped garden amidst oasis ponds. 3 Bed/3.5 Baths, Soaring beamed ceilings, skylights, radiant floor heat, 3 fireplaces. French doors open to large deck for perfect sunrises and expansive views of Mt. Baker and BC skyscrapers. Fantastic designed home with gym, library, large master, chefs kitchen and guest house with loft. Cigar room. Generator included.

Last Agent to Sell the Property

Angela Pepka

Realogics Sotheby's Int'l Rlty License #114743 Listed on: 06/23/2017

Realogics Sotheby's Int'l Rlty

Co-Listed By

Kathryn Bowes

Island Grp Sotheby's Int Rlty License #90559

Last Buyer's Agent

Wally Gudgell

COMPASS License #11589

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1143637

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Open Space
  • Dog Run
  • Gated Home
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • Detached Garage

Property Views

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

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Ceramic Tile Flooring
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet

Community Details

  • Eastsound Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 172111002

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

15.09 Acres

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Nw Contemporary
  • Approved Accessory Dwelling: Main
  • Homebuilder: Lundgren
  • Building Information: Additional Dwelling, Built On Lot
  • Entrance Level: Main
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, 2nd Master Br, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Hot Tub/Spa, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 3
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 6080

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Mountain, Ocean, Sound, Strait, Territorial
  • Waterfront: Bank-High

Garage/Parking

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

Utilities

  • Heating And Cooling: Radiant, Stove/Free Standing
  • Power Company: OPALCO
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Water Heater: Bottom Floor-Radient
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Eastsound
  • Project: Twin Lakes Preserve
  • Community Features: Ccrs

Schools

  • School District: ORC

Lot Info

  • Lot Number: 5B
  • Lot Details: Open Space, Secluded
  • Lot Sq Ft: 657373
  • Lot Topography Vegetation: Brush, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 172111002
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 9315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Nov 2, 2017
Sold by
Hohman Stephen Joseph and Hohman Laura Ann
Bought by
Stephenson Michael and Stephenson Alexandra
Seller's Agent
Angela Pepka
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Wally Gudgell
COMPASS
List Price
$1,698,000
Sold Price
$1,600,000
Premium/Discount to List
-$98,000
-5.77%
Current Estimated Value
$2,795,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,195,164
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Jan 23, 2015
Sold by
Iwarsson B J and Iwarsson Barbara
Bought by
Hohman Stephen Joseph and Hohman Laura Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Stephenson Michael -- None Available
Hohman Stephen Joseph $1,399,820 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2017 11/16/17 Sold $1,600,000 -5.8% $263 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $1,698,000 -- $279 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $17,631 $3,622,920 $377,000 $3,245,920
2023 $17,631 $3,311,000 $342,730 $2,968,270
2022 $13,570 $3,009,930 $342,730 $2,667,200
2021 $14,343 $1,848,270 $285,610 $1,562,660
2020 $14,862 $1,866,050 $285,610 $1,580,440
2019 $12,006 $1,884,420 $285,610 $1,598,810
2018 $11,886 $2,736,110 $1,510,940 $1,225,170
2017 $9,315 $1,495,200 $336,200 $1,159,000
2016 $9,163 $1,292,200 $373,550 $918,650
2015 $9,163 $1,307,990 $373,550 $934,440
2014 $9,163 $1,356,040 $339,590 $1,016,450
2012 $9,163 $1,376,110 $377,320 $998,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1143637

Northwest Multiple Listing Service (NWMLS)

APN: 172111-002-000

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