Listed by Windermere Prof Partners, Bought with Windermere RE West Sound Inc.
NOT LISTED FOR SALE

18388 Shallow Bay Ave NW Poulsbo, WA 98370

Estimated Value: $1,016,000 - $2,306,078

3 Beds
3 Baths
2,704 Sq Ft
$690/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $2,050,000 $758 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $11,418/month

Highlights

  • Low Bank Waterfront Property
  • Spa
  • Bay View
  • North Kitsap High School Rated A-
  • RV Access or Parking
  • Two Primary Bedrooms

About This Home

As of October 2022

Rarely does a property come to market with such commanding & panoramic views of all of Poulsbo on the water as well as Mt. Rainier in all her glory. This lovely home on .64 level acre offers two bedrooms/en suites on 1st floor as well as a third on 2nd floor, ideal for guests. Eat-in kitchen atop a Brazilian cherry island with high end appliances. Open concept living flows from here into rooms bathed in natural light & views of Liberty Bay. Beautiful gardens, firepit, several patios & new deck provide options for dining al fresco. 2-car detached garage, shop & RV parking check even more boxes. This property is being with some furnishings included.

Last Agent to Sell the Property

Sue Rand

Windermere Prof Partners License #75595 Listed on: 08/11/2022

Windermere Prof Partners

Last Buyer's Agent

Jim Robb

Windermere RE West Sound Inc. License #117629

Windermere RE West Sound Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1982000

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,942

Year Built

  • Built in 1946

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 85x360x89x376
  • Low Bank Waterfront Property
  • 89 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • West Facing Home
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in very good condition

Property Views

  • Bay
  • City
  • Mountain

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,704 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 4 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Spa Bath

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Spa
  • Bulkhead
  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Poulsbo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22260130282001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,942

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1946
  • Inclusions: Dishwasher,DoubleOven,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2704
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 4
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Electric, Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Slate, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Second Primary Bedroom, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Hot Tub/Spa, Jetted Tub, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 2704
  • Main Level Bedrooms: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 3
  • SquareFootageFinished: 2704
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 2
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s)
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Bay/Harbor, Bulkhead, Saltwater
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 89
  • BusRouteNumber: 332

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Detached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available, Natural Gas Connected, Individual Well
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Individual well
  • WaterHeaterLocation: exterior "closet" off utility
  • WaterHeaterType: 2 tanks, both gas
  • CableConnected: Comcast Xfinity
  • InternetConnected: Comcast Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Kitsap #400

Lot Info

  • Parcel Number: 22260130282001
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.64
  • Lot Size: 85x360x89x376
  • Lot Size Sq Ft: 27878
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Hot Tub/Spa,Outbuildings,Patio,RV Parking,Shop
  • MLSLotSizeSource: County records
  • MLSSquareFootageSource: Appraisal

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 9942

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 28, 2022
Sold by
Hike Lynn Griffin and Hike Larry D
Bought by
Iversen Larry D
Seller's Agent
Sue Rand
Windermere Prof Partners
Buyer's Agent
Jim Robb
Windermere RE West Sound Inc.
List Price
$1,863,500
Sold Price
$2,050,000
Premium/Discount to List
$186,500
10.01%
Current Estimated Value
$1,866,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$183,480
Avg. Annual Appreciation
-3.12%

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 23, 2020
Sold by
Loofburrow John Richard and Loofburrow Pamela Ann
Bought by
Gadziala Thomas and Connor Kevin
Seller's Agent
Sandi Nelson
Coldwell Banker Bain
Buyer's Agent
Sue Rand
Windermere Prof Partners
List Price
$1,449,000
Sold Price
$1,380,000
Premium/Discount to List
-$69,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.43%

Purchase Details

Closed on
Sep 13, 2017
Sold by
Loofburrow John Richard and Loofburrow Pamela Ann
Bought by
Loofburrow John Richard and Loofburrow Pamela Ann

Purchase Details

Closed on
Mar 31, 2010
Sold by
Rust Michael J and Rust Jarilyn I
Bought by
Loofburrow John Richard and Loofburrow Pamela A

Purchase Details

Closed on
Oct 20, 2003
Sold by
Jordal Jacob J and Jordal Ellen R
Bought by
Rust Michael J and Rust Jarilyn I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Iversen Larry D -- Aegis Title
Iversen Larry D -- Aegis Title
Gadziala Thomas $1,380,000 Land Title Company
Loofburrow John Richard -- --
Loofburrow John Richard $719,280 Pacific Nw Title
Rust Michael J $435,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rust Michael J $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $2,050,000 +10.0% $758 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $1,863,500 +35.0% $689 / Sq Ft
06/25/2020 06/25/20 Sold $1,380,000 -4.8% $510 / Sq Ft View Prior Sale
05/25/2020 05/25/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $1,449,000 -- $536 / 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
2026 $18,269 $2,091,530 $611,230 $1,480,300
2025 $18,269 $2,091,530 $611,230 $1,480,300
2024 $16,636 $1,966,960 $612,660 $1,354,300
2023 $11,243 $1,302,140 $555,670 $746,470
2022 $9,942 $1,093,080 $463,060 $630,020
2021 $8,973 $910,750 $409,630 $501,120
2020 $7,986 $797,450 $356,200 $441,250
2019 $8,003 $797,450 $356,200 $441,250
2018 $7,129 $638,810 $270,150 $368,660
2017 $7,192 $638,810 $270,150 $368,660
2016 $7,809 $638,810 $270,150 $368,660
2015 $7,314 $601,800 $270,150 $331,650
2014 -- $550,920 $270,150 $280,770
2013 -- $550,920 $270,150 $280,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1982000

Northwest Multiple Listing Service (NWMLS)

APN: 222601-3-028-2001