NOT LISTED FOR SALE

221 N Bay Ln Unit 2 Port Ludlow, WA 98365

Port Ludlow Neighborhood

Estimated Value: $434,220 - $568,000

2 Beds
1 Bath
1,170 Sq Ft
87 Sq Ft Lot

Last Sold September 13, 2017

Last sale price $290,000 $248 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,075/month

8 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Secluded Lot
  • 1 Fireplace
  • Contemporary Architecture
  • Wood Flooring
  • Open Space

About This Home

As of September 2017

A CONDO IN THE WOODS BY THE BAY - STAIRS TO BEACH FROM FRONT DECK - LARGE TILE ENTRY & HEARTH W/ FREE STANDING WOOD STOVE - CHERRY HARDWOOD FLOORS IN KITCHEN & DINING RMS - CORIAN & TILE COUNTERS - FRESH WALL COLORS & SPECIAL ACCENT LIGHTING - LG DECK BECOMES SUMMER OUTDOOR ENTERTAINING RM - CLEAN CONTEMPORARY END OF COMPLEX PRIVACY - SURROUNDED BY MARINA, GOLF, TRAILS, BOATING & WILDLIFE ACTIVITY - RESORT AMENITIES: POOLS INDOOR & OUT, PICKLE BALL, TENNIS - 2 HRS TO SEATTLE/SEATAC/OLYMPIC MTS

Last Agent to Sell the Property

Sally Derrig

Port Ludlow Brokers LLC License #50844 Listed on: 07/20/2017

Last Buyer's Agent

Barbara Saunders

The Agency - Port Townsend License #45769

The Agency - Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1160220

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 1973

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Open Space
  • Street terminates at a dead end

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • 1 Fireplace
  • Bay Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 990200050

Community Details

Overview

  • 6 Units
  • North Bay Condos Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,033

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: LOWER LEVEL WALKWAY
  • Storage Number: 902
  • Estimated Sq Ft: 1170
  • Window Coverings: SHADES

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Bay
  • Waterfront: Bank-Medium, Bay, Saltwater

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered
  • Parking Space Number: 221-2

Utilities

  • Heating And Cooling: Baseboard, Stove/Free Standing
  • Water Heater: HALL CLOSET-50 GALLON

Condo/Co-op/Association

  • Numberof Units in Building: 6
  • Numberof Units In Complex: 24
  • HOA Fees: 321
  • Community Name: North Bay Condos
  • Project: NORTH BAY CONDOS
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: SALLY DERRIG (360) 531-3113
  • Association Contact: SALLY DERRIG (360) 531-3113
  • Common Property Features: Outside Entry
  • Home Owner Dues Included: Garbage, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Ground Floor, Master Bath

Schools

  • Elementary School: Chimacum Elem
  • Middle School: Chimacum Mid
  • High School: Chimacum High
  • School District: CHI

Lot Info

  • Lot Details: Dead End Street, Open Space, Paved Street, Secluded
  • Parcel Number: 990200050

Tax Info

  • Tax Amount: 2463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2023
Sold by
Smith Eric S and Smith Rhoda S
Bought by
Smith Family Trust
Current Estimated Value
$508,555

Purchase Details

Listed on
Jul 20, 2017
Closed on
Aug 21, 2017
Sold by
Andrews Gregory R and Andrews Mary Lou
Bought by
Smith Eric S and Smith Rhoda S
Seller's Agent
Sally Derrig
Port Ludlow Brokers LLC
Buyer's Agent
Barbara Saunders
The Agency - Port Townsend
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Nov 9, 2011
Sold by
Randolph David R and Randolph Virginia L
Bought by
Andrews Gregory R and Andrews Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.95%
Mortgage Type
New Conventional
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
Smith Family Trust -- None Listed On Document
Smith Eric S $290,000 First American Title Of Jeff
Andrews Gregory R $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrews Gregory R $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2017 09/13/17 Sold $290,000 -3.0% $248 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $299,000 -- $256 / 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 $3,033 $382,355 $170,000 $212,355
2022 $3,069 $400,965 $150,000 $250,965
2021 $3,069 $334,733 $121,500 $213,233
2020 $2,943 $314,730 $117,000 $197,730
2019 $2,815 $290,520 $108,000 $182,520
2018 $2,656 $279,720 $97,200 $182,520
2017 $2,463 $233,100 $81,000 $152,100
2016 $2,254 $219,600 $67,500 $152,100
2015 $1,957 $197,858 $43,125 $154,733
2014 $2,224 $172,050 $37,500 $134,550
2013 $2,224 $172,050 $37,500 $134,550
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sally Derrig

    Port Ludlow Brokers LLC

    6 in this area

    6 Total Sales

    Sally Derrig
    Section Image

  • B

    Buyer's Agent in 2017

    Barbara Saunders

    The Agency - Port Townsend

    (360) 301-3431

    4 Total Sales

    Barbara Saunders
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1160220

Northwest Multiple Listing Service (NWMLS)

APN: 990200050

Washington Jefferson County Port Ludlow 98365 Port Ludlow

221 N Bay Ln Unit 2, Port Ludlow, WA

This home is located at 221 N Bay Ln Unit 2, Port Ludlow, WA 98365 since 20 July 2017 and is currently estimated at $508,555, approximately $434 per square foot. This property was built in 1973. 221 N Bay Ln Unit 2 is a home located in Jefferson County with nearby schools including Chimacum Creek Primary School, Chimacum School Pi Program, and Chimacum Elementary 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.

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Based on information submitted to the MLS GRID

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