Listed by John L. Scott Whidbey Island S, Bought with John L. Scott Whidbey Island S
NOT LISTED FOR SALE

197 Lighthouse Way Freeland, WA 98249

Estimated Value: $1,069,000 - $1,234,000

3 Beds
2 Baths
1,891 Sq Ft
$604/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $700,000 $370 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,710/month

Highlights

  • Boathouse
  • Waterfront Community
  • Community Boat Launch
  • Low Bank Waterfront Property
  • Views of a Sound
  • Deck

About This Home

As of May 2018

This home is located at 197 Lighthouse Way, Freeland, WA 98249 since 25 May 2018 and is currently estimated at $1,142,167, approximately $604 per square foot. This property was built in 1976. 197 Lighthouse Way is a home located in Island County with nearby schools including South Whidbey Elementary School, South Whidbey Middle School, and South Whidbey High School.

Last Agent to Sell the Property

Cheryl Keefe

John L. Scott Whidbey Island S License #6587 Listed on: 05/25/2018

John L. Scott Whidbey Island S

Last Buyer's Agent

Kim Kramer

John L. Scott Whidbey Island S License #22450

John L. Scott Whidbey Island S

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1299897

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,979

Year Built

  • Built in 1976

Lot Details

  • Low Bank Waterfront Property
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot

Parking

  • Attached Carport

Property Views

  • Views of a Sound

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boathouse
  • Deck
  • Patio

Utilities

  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number S737500020120

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,979

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Dining Room
  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Dining Room: Main
  • Living Room: Main
  • Estimated Sq Ft: 1891
  • Square Footage Finished: 1891

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Sound
  • Waterfront: Bank-Low

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Company: King Water
  • Water Heater: Utility Room-Electric
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Bush Point
  • Project: Div 1 Lighthouse Shores
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: So. Whidbey High
  • School District: SWI

Lot Info

  • Lot Number: 12
  • Lot Details: Corner Lot, Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 8832
  • Parcel Number: S737500020120

Tax Info

  • Tax Amount: 1973

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
May 21, 2018
Sold by
Uren James G and Uren Gerda A
Bought by
Merryfield Michael J and The Michael J And Shelley F Me
Seller's Agent
Cheryl Keefe
John L. Scott Whidbey Island S
Buyer's Agent
Kim Kramer
John L. Scott Whidbey Island S
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,142,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,167
Avg. Annual Appreciation
6.98%
Source: Public Records

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
Merryfield Michael J $700,000 Premier Title Of Island Coun
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $700,000 0.0% $370 / Sq Ft
05/25/2018 05/25/18 For Sale $700,000 -- $370 / 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
2024 $5,979 $913,878 $650,000 $263,878
2023 $5,979 $917,340 $650,000 $267,340
2022 $5,273 $795,218 $550,000 $245,218
2021 $5,136 $665,962 $450,000 $215,962
2020 $4,984 $660,682 $450,000 $210,682
2019 $1,899 $658,388 $500,000 $158,388
2018 $1,973 $245,975 $130,000 $115,975
2017 $1,667 $236,932 $120,000 $116,932
2016 $1,735 $218,850 $100,000 $118,850
2015 -- $220,767 $100,000 $120,767
2013 -- $205,118 $85,000 $120,118
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Keefe

    Seller's Agent in 2018

    Cheryl Keefe

    John L Scott

    (206) 930-7316

    23 in this area

    97 Total Sales

    Cheryl Keefe
    Section Image

  • K

    Buyer's Agent in 2018

    Kim Kramer

    John L Scott

    (360) 914-0105

    6 in this area

    20 Total Sales

    Kim Kramer
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1299897

Northwest Multiple Listing Service (NWMLS)

APN: S7375-00-02012-0

Washington Island County Freeland 98249

197 Lighthouse Way, Freeland, WA

This home is located at 197 Lighthouse Way, Freeland, WA 98249 since 25 May 2018 and is currently estimated at $1,142,167, approximately $604 per square foot. This property was built in 1976. 197 Lighthouse Way is a home located in Island County with nearby schools including South Whidbey Elementary School, South Whidbey Middle School, and South Whidbey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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