Listed by COMPASS
$469,000
$30K PRICE DROP

2125 4th St Port Townsend, WA 98368

Estimated payment $2,797/month

Total Views 16,765
2 Beds
2 Baths
1,125 Sq Ft
$417 Price per Sq Ft

Highlights

  • Fruit Trees
  • Property is near public transit
  • Wood Flooring
  • Port Townsend High School Rated 9+
  • Secluded Lot
  • No HOA

About This Home

Great opportunity in Port Townsend! Two tax parcels zoned C-2, offering residential, commercial, and business options for a savvy buyer. The 4th street lot has two separate residences: a main house with 2 bd/1 ba and 761 sq ft, and a studio ADU with 320 sq ft. Both residences have been hugely upgraded since last sale, including new metal roofs, hardwood floors, cabinets, appliances, bathroom remodels, mini split in main house, new plumbing, and interior paint throughout. There is a separate workshop with power for projects and storage. The empty rear lot is a canvas for your creativity and vision, or an investment to hang on to as Castle Hill continues to develop. Units currently occupied by tenants, financials available to review!

Listing Agent

Paul Rice

COMPASS License #24002485 Listed on: 02/17/2025

COMPASS

Co-Listing Agent

Louisa Cranston

COMPASS License #22008038

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2332754

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,129

Year Built

  • Built in 1928

Lot Details

  • 8,712 Sq Ft Lot
  • North Facing Home
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden
  • 974700318

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Salish Coast Elementary School
  • Blue Heron Mid Middle School
  • Port Townsend High School

Utilities

  • Baseboard Heating
  • Water Heater

Additional Features

  • Outbuilding
  • ADU includes 1 Bathroom
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Castle Hill Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,129

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1928
  • Inclusions: Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1455
  • SeniorExemption: false
  • SOCComments: Please request BBC in offer
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2332754?w=Consumer&agent=106957
  • Special Features: None
  • Cumulative Days on Market: 108

Interior Features

  • Basement: None
  • Appliances: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Ceramic Tile, Water Heater
  • Living Area: 1125
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1125
  • 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: Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • ADUBaths: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Metal
  • Lot Features: Paved, Secluded
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Direction Faces: North
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Pillar/Post/Pier, Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 4, 7, 8

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless
  • Heating Yn: Yes
  • PowerCompany: Jefferson County PUD
  • SewerCompany: City of Port Townsend
  • WaterCompany: City of Port Townsend
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric
  • CableConnected: Astound
  • InternetConnected: Astound

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Port Townsend #50
  • High School: Port Townsend High
  • Middle Or Junior School: Blue Heron Mid

Lot Info

  • Parcel Number: 974700301
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Additional Parcels Description: 974700318
  • Zoning: C-II
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings,Shop
  • MLSLotSizeSource: MLS
  • MLSSquareFootageSource: MLS
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2129

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Salish Coast Elementary

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,129 $236,518 $95,000 $141,518
2022 $2,256 $257,249 $90,000 $167,249
2021 $1,978 $232,009 $77,625 $154,384
2020 $2,029 $196,153 $67,500 $128,653
2019 $2,194 $196,153 $67,500 $128,653
2018 $1,547 $230,772 $67,500 $163,272
2017 $1,332 $142,075 $35,700 $106,375
2016 $1,204 $130,668 $35,700 $94,968
2015 $1,171 $122,754 $35,700 $87,054
2014 -- $118,797 $35,700 $83,097
2013 -- $113,140 $34,000 $79,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Price Changed $469,000 -6.0% $417 / Sq Ft
02/17/2025 02/17/25 For Sale $499,000 +86.2% $444 / Sq Ft
01/10/2018 01/10/18 Sold $268,000 -2.9% $352 / Sq Ft
12/16/2017 12/16/17 Pending -- -- --
12/08/2017 12/08/17 For Sale $276,000 0.0% $363 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $276,000 0.0% $363 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
08/09/2017 08/09/17 Price Changed $276,000 -3.5% $363 / Sq Ft
07/25/2017 07/25/17 Price Changed $286,000 -4.3% $376 / Sq Ft
07/17/2017 07/17/17 For Sale $299,000 +53.7% $393 / Sq Ft
04/10/2016 04/10/16 Sold $194,500 -2.7% $189 / Sq Ft
03/03/2016 03/03/16 Price Changed $199,900 +17.9% $194 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
02/18/2016 02/18/16 Price Changed $169,500 -3.1% $165 / Sq Ft
01/13/2016 01/13/16 For Sale $175,000 +42.9% $170 / Sq Ft
04/19/2013 04/19/13 Sold $122,500 0.0% $161 / Sq Ft
04/07/2013 04/07/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $122,500 -- $161 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Jefferson Title
Warranty Deed $267,977 First American Title
Warranty Deed $194,500 None Available
Warranty Deed -- Jefferson Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,900 New Conventional
Previous Owner $188,000 New Conventional
Previous Owner $184,775 New Conventional
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2332754

Northwest Multiple Listing Service (NWMLS)

APN: 974700301