NOT LISTED FOR SALE

Estimated Value: $1,260,482 - $1,422,000

3 Beds
3 Baths
3,463 Sq Ft
$392/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $925,000 $267 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,203/month

299 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Bay View
  • Deck
  • Golf Course Community
  • Clubhouse
  • Secluded Lot

About This Home

As of September 2020

Harmony and tranquility reside here. This beautiful, west-facing custom waterfront home overlooks the peaceful Inner Harbor of Port Ludlow. Located in a neighborhood of similar homes, enjoy main-level living on nearly an acre of manicured, private grounds with a path to the water's edge. The focal point from every room is oriented toward the water. Plenty of room for hobbies and guests with an inviting open floor plan ideal for entertaining. Whole house generator, composite deck and a patio.

Last Agent to Sell the Property

Karen Best

Coldwell Banker Best Homes License #9186 Listed on: 10/28/2019

Coldwell Banker Best Homes

Last Buyer's Agent

Karen Best

Coldwell Banker Best Homes License #9186 Listed on: 10/28/2019

Coldwell Banker Best Homes

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1535838

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,118

Year Built

  • Built in 2004

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Brush Vegetation
  • Secluded Lot
  • Sloped Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2 Fireplaces
  • Bay Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 969400033

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,118

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 3.00
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 3463
  • Square Footage Finished: 3463

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay
  • Waterfront: Bank-Low, Bay, No Bank, Saltwater
  • Waterfront Frontage: 104
  • Pool: Community

Garage/Parking

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

Utilities

  • Heating And Cooling: Heat Pump
  • Power Company: JPUD
  • Sewer: Sewer Connected
  • Sewer Company: OWSI
  • Water Company: OWSI
  • Water Heater: Garage-Electric
  • Water Source: Community, Public

Condo/Co-op/Association

  • Community Name: Ludlow Point Village
  • Project: LUDLOW POINT VILLAGE DIV 1
  • Community Features: CCRs, Clubhouse, Golf Course, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • School District: CHI

Lot Info

  • Lot Number: 33
  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 39204
  • Lot Topography Vegetation: Brush, Garden Space, Partial Slope
  • Parcel Number: 969400033
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Garden Space, Partial Slope

Tax Info

  • Tax Amount: 6544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Sep 11, 2020
Sold by
Lim Randolph K and Randolph K Lim Trust
Bought by
Leonard Erik B and Leonard Allison J
Seller's Agent
Karen Best
Coldwell Banker Best Homes
Buyer's Agent
Karen Best
Coldwell Banker Best Homes
List Price
$1,010,000
Sold Price
$925,000
Premium/Discount to List
-$85,000
-8.42%
Total Days on Market
299
Current Estimated Value
$1,356,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,121
Avg. Annual Appreciation
8.80%
Source: Public Records

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Range of Values:

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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
Leonard Erik B $925,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lim Randolph K $712,000
Previous Owner Lim Randolph K $57,000
Previous Owner Lim Randolph K $878,000
Previous Owner Lim Randolph K $878,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $925,000 -5.1% $267 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $975,000 -3.5% $282 / Sq Ft
03/11/2020 03/11/20 For Sale $1,010,000 +9.2% $292 / Sq Ft
03/10/2020 03/10/20 Off Market $925,000 -- --
03/03/2020 03/03/20 Price Changed $1,010,000 -1.5% $292 / Sq Ft
10/28/2019 10/28/19 For Sale $1,025,000 -- $296 / 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 $8,118 $1,034,894 $286,500 $748,394
2022 $7,360 $997,355 $281,500 $715,855
2021 $7,532 $810,029 $260,000 $550,029
2020 $7,182 $780,385 $250,000 $530,385
2019 $6,544 $721,098 $230,000 $491,098
2018 $6,628 $661,810 $210,000 $451,810
2017 $6,464 $592,878 $200,000 $392,878
2016 $6,490 $592,878 $200,000 $392,878
2015 $6,404 $583,641 $289,275 $294,366
2014 -- $583,641 $289,275 $294,366
2013 -- $555,850 $275,500 $280,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1535838

Northwest Multiple Listing Service (NWMLS)

APN: 969400033