Listed by Orcas Island Realty, Bought with Orcas Island Realty
NOT LISTED FOR SALE

205 Gibbs Rd Eastsound, WA 98245

Estimated Value: $1,200,000 - $1,365,000

6 Acres
$205,716 Price per Acre
270,508 Sq Ft Lot

Last Sold March 24, 2020

Last sale price $385,000

Est. 255% increase in value since last sale

Current estimated payment $8,047/month

1 Day on Market

Highlights

  • Ocean View
  • Orcas Island High School Rated A
  • Level Lot

About This Lot

As of March 2020

Southwest marine & sunset views in ideal location near Orcas ferry landing, restaurants, & marina. Developed building site on a sunny knoll above Warm Valley has views to West Sound. Improvements include a roughed in driveway, new fencing, camping trailer with water & installed septic, high speed internet. Outbuilding for storage & construction supplies. Gibb's Road is shared access for 5 properties. Private well + rights to a second well, 2 buried 1800gal water tanks. Stunning 6+ ac property.

Last Agent to Sell the Property

Asya Eberle

Orcas Island Realty License #22011283 Listed on: 02/21/2020

Last Buyer's Agent

Suzana Roach

Orcas Island Realty License #131488

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1566157

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,029

Lot Details

  • Street terminates at a dead end
  • Level Lot

Property Views

  • Ocean
  • Bay
  • Territorial

Utilities

  • Shared Well

Community Details

  • Eastsound Community

Listing and Financial Details

  • Assessor Parcel Number 261533009000

Property Details

Property Type

Land

Est. Annual Taxes

$6,029

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Partially Cleared
  • Style: 41 - Res-Over 1 Acre
  • Restrictions: CCAndR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

  • Road Information: Access Easement, Privately Maintained, Recorded Maint. Agrm
  • Road On Which Sideof Property: Right
  • View: Bay, Ocean, Territorial

Utilities

  • Electricity: On Property
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 3
  • Septic Designedand Appliedfor: Y
  • Septic System Installed: Y
  • Septic System Type: Sand Filter
  • Sewer: On Property
  • Water: Drilled Well, On Property, Private Well, Shared Well

Condo/Co-op/Association

  • Community Name: Eastsound

Fee Information

  • Assessment Fees: Road

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: ORC

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Fenced-Partially, Outbuilding(s)
  • Lot Details: Dead End Street
  • Lot Dimensions: 270507
  • Lot Sq Ft: 270507
  • Parcel Number: 261533009000
  • Slopeof Property: Southwest
  • Soils Feasibility Available: Y
  • Topography: Level, Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: R5

Tax Info

  • Tax Amount: 1827

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Mar 10, 2020
Sold by
Finley Sharon Kay and Finley Wally
Bought by
Kuntz Ronald J and Kuntz Kathleen G
Seller's Agent
Asya Eberle
Orcas Island Realty
Buyer's Agent
Suzana Roach
Orcas Island Realty
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$1,366,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981,258
Avg. Annual Appreciation
27.32%

Purchase Details

Listed on
Dec 15, 2018
Closed on
Apr 26, 2019
Sold by
Clark Gordon T and Clark Denise L
Bought by
Finley Sharon Klay and Finley Wally
Seller's Agent
Mary Clure
Orcas Island Realty
Buyer's Agent
Asya Eberle
Orcas Island Realty
List Price
$345,000
Sold Price
$330,000
Premium/Discount to List
-$15,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%
Original Mortgage
$230,000
Interest Rate
4.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 2018
Sold by
Clark Gordon T and Clark Denise L
Bought by
Clare Mary

Purchase Details

Closed on
Dec 3, 2009
Sold by
Goad Stephen A and Fabian Kimberly A
Bought by
Clark Gordon T and Clark Denise L

Purchase Details

Closed on
Jan 18, 2005
Sold by
Kay Ronald D and Kay Sandra R
Bought by
Goad Stephen A and Goad Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.69%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kuntz Ronald J $385,000 San Juan Title Llc
Finley Sharon Klay $55,610 Chicago Title Company Of Wa
Clare Mary -- None Available
Clark Gordon T $215,000 San Juan Title
Goad Stephen A $200,215 San Juan Title Ins
Goad Stephen A $200,215 San Juan Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finley Sharon Klay $230,000
Previous Owner Goad Stephen A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2020 03/24/20 Sold $385,000 0.0% --
02/22/2020 02/22/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $385,000 +16.7% --
05/07/2019 05/07/19 Sold $330,000 -4.3% --
04/14/2019 04/14/19 Pending -- -- --
12/15/2018 12/15/18 For Sale $345,000 -- --
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 $6,029 $1,135,100 $447,300 $687,800
2022 $2,724 $381,570 $344,080 $37,490
2021 $2,457 $370,320 $344,080 $26,240
2020 $1,828 $317,960 $286,730 $31,230
2019 $1,408 $229,340 $209,640 $19,700
2018 $1,443 $174,700 $174,700 $0
2017 $1,374 $174,700 $174,700 $0
2016 $1,760 $183,430 $183,430 $0
2015 $1,760 $183,430 $183,430 $0
2014 $1,760 $193,080 $193,080 $0
2012 $1,760 $180,450 $180,450 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1566157

Northwest Multiple Listing Service (NWMLS)

APN: 261533-009-000