NOT LISTED FOR SALE

173 Willis Ln Olga, WA 98279

Estimated Value: $1,178,000 - $2,341,000

3 Beds
2 Baths
1,540 Sq Ft
$1,115/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $1,500,000 $974 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,310/month

27 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Ocean View
  • Craftsman Architecture
  • Orcas Island High School Rated A
  • Property has ocean access
  • Deck

About This Home

As of August 2022

BUOY BAY WATERFRONT HOME WITH STUNNING MT BAKER VIEWS. Situated on just under 1 acre, this 3 bedroom/2 bath home enjoys open space, vaulted ceilings and lots of light. The large, covered deck is perfect for entertaining. Grow your fruits and vegetables in the large, fully fenced garden. A lovely path meanders down to the stairs for access to a wonderful beach, perfect for launching your kayak. Includes a permitted mooring buoy so you can moor your boat and enjoy crabbing, fishing, & shrimping. Close to Obstruction Pass State Park, Olga and Doe Bay amenities. This is island living!

Last Listed By

John Dunning

Windermere RE Orcas Island License #11832 Listed on: 05/09/2022

Windermere RE Orcas Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1930269

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,088

Year Built

  • Built in 2017

Lot Details

  • 0.91 Acre Lot
  • Low Bank Waterfront Property
  • Home fronts a sound
  • Street terminates at a dead end
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Property Views

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

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Dining Room
  • Vinyl Plank Flooring
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Deck
  • Outbuilding

Utilities

  • Heat Pump System
  • Generator Hookup
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Olga Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 161550010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,088

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2017
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Mt Baker View Tracts
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1540
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,031

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Interior Amenities: Heat Pump, Wired for Generator, Bath Off Primary, Double Pane/Storm Window, Dining Room, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 1540
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1540
  • 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,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, Sound, Strait
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront Features: Bank-Low, Bank-Medium, Ocean Access, Saltwater, Sound
  • Waterfront: Yes
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Septic System, Electricity Available
  • HeatingCoolingType: Heat Pump
  • PowerCompany: OPALCO
  • WaterCompany: Doe Bay Water
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 161550010
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.9101
  • Lot Size Sq Ft: 39644
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • LotNumber: 10

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7088

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jul 19, 2022
Sold by
Lutz Edwin C and Lutz Peggy W
Bought by
Monroy-Hernandez Andres and Olson Kristina
Seller's Agent
John Dunning
Windermere RE Orcas Island
Buyer's Agent
Mary Clure
Orcas Island Realty
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%
Total Days on Market
27
Current Estimated Value
$1,717,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,775
Avg. Annual Appreciation
2.64%
Original Mortgage
$1,050,000
Outstanding Balance
$1,016,941
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$594,628

Purchase Details

Closed on
Jul 21, 2011
Sold by
Thompson Sandra J and Marshall Sandra J
Bought by
Lutz Edwin C and Elston Peggy W

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
Monroy-Hernandez Andres -- Chicago Title
Lutz Edwin C $439,525 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroy-Hernandez Andres $1,050,000
Previous Owner Lutz Edwin C $270,000
Previous Owner Thompson Sandra $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $1,500,000 -16.7% $974 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $1,800,000 -- $1,169 / 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 $8,895 $1,660,540 $475,790 $1,184,750
2022 $7,089 $1,496,050 $475,910 $1,020,140
2021 $6,435 $956,840 $396,590 $560,250
2020 $6,602 $830,550 $396,590 $433,960
2019 $4,918 $830,670 $396,590 $434,080
2018 $4,506 $906,260 $611,760 $294,500
2017 $2,886 $562,710 $317,240 $245,470
2016 $3,227 $394,810 $333,090 $61,720
2015 $3,227 $432,760 $333,090 $99,670
2014 $3,227 $388,400 $302,810 $85,590
2012 $3,227 $469,950 $336,290 $133,660
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1930269

Northwest Multiple Listing Service (NWMLS)

APN: 161550-010-000