NOT LISTED FOR SALE

222 Cypress Ln Olga, WA 98279

Estimated Value: $1,558,000 - $4,248,000

3 Beds
1 Bath
3,051 Sq Ft
$1,072/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $2,750,000 $901 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $20,075/month

49 Days on Market

Highlights

  • Spa
  • Strait Views
  • Secluded Lot
  • Orcas Island High School Rated A
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of December 2020

A Jeff Luth, Soldano Luth Architects, designed private contemporary waterfront home built on a point with 180 degrees of view over Rosario Strait, Cypress, Sinclair and to Mount Baker. The ~3,000 main house has three bedrooms with an elevator servicing the entry and first floor. Every room has a marine view. Uphill, out of view of the house, is a 2 bedroom guest house, two ~400 sq. ft. studios, ~700 sq. ft. shop, three-car carport, and a natural stream that runs down the property past the house.

Last Listed By

Dave Douglass

Windermere RE Orcas Island Listed on: 08/02/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1640167

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,348

Year Built

  • Built in 2003

Lot Details

  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Drought Tolerant Landscaping
  • Property is zoned 11

Parking

  • Attached Garage

Property Views

  • Strait Views
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Tideland Water Rights
  • Patio
  • Outbuilding

Utilities

  • Propane
  • Septic System
  • High Speed Internet

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 161012005000

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,348

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, French Doors, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Basement: Daylight, Fully Finished
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3051
  • Square Footage Finished: 3051

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Mountain, Strait, Territorial
  • Waterfront: Bank-High, Saltwater, Strait, Tideland Rights
  • Waterfront Frontage: 280

Garage/Parking

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

Utilities

  • Heating And Cooling: High Efficiency (Unspecified), Radiant, Wall, Hot Water Recirc Pump
  • Power Company: OPALCO
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Company: Doe Bay Water
  • Water Heater: Lower-Gas
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 17
  • Community Name: Olga
  • Project: Channel Properties
  • Community Features: CCRs

Schools

  • Elementary School: Orcas Elem
  • Middle School: Orcas Isl Mid
  • High School: Orcas Isl High
  • School District: ORC

Lot Info

  • Lot Number: Portion of Lot 2
  • Lot Details: Dead End Street, Drought Res Landscpe, Secluded
  • Lot Sq Ft: 247856
  • Lot Topography Vegetation: Brush, Level, Sloped, Terraces, Wooded
  • Parcel Number: 161012005000
  • Zoning Code: 11
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Level, Sloped, Terraces, Wooded

Tax Info

  • Tax Amount: 13526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2020
Closed on
Dec 10, 2020
Sold by
Arnold Richard A and Arnold J B
Bought by
Chandler Christopher
Seller's Agent
Dave Douglass
Windermere RE Orcas Island
Buyer's Agent
Dave Douglass
Windermere RE Orcas Island
List Price
$2,750,000
Sold Price
$2,750,000
Total Days on Market
49
Current Estimated Value
$3,269,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,381
Avg. Annual Appreciation
4.00%
Original Mortgage
$200,000
Outstanding Balance
$180,173
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$3,087,184

Purchase Details

Closed on
Dec 30, 2019
Sold by
Arnold Richard A and Arnold J B
Bought by
Vanderburg John T and Vanderburg Jacqueline L

Range of Values:

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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
Chandler Christopher $2,750,000 San Juan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandler Christopher $200,000
Closed Chandler Christopher $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $2,750,000 0.0% $901 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $2,750,000 0.0% $901 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $2,750,000 -- $901 / 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 $22,348 $4,217,690 $614,210 $3,603,480
2022 $21,510 $3,670,590 $614,420 $3,056,170
2021 $13,203 $2,093,830 $512,010 $1,581,820
2020 $13,644 $1,719,500 $512,010 $1,207,490
2019 $11,613 $1,731,870 $512,010 $1,219,860
2018 $10,464 $2,030,420 $1,463,920 $566,500
2017 $9,229 $1,318,060 $601,570 $716,490
2016 $9,352 $1,283,210 $631,630 $651,580
2015 $9,352 $1,300,680 $631,630 $669,050
2014 $9,352 $1,267,010 $574,200 $692,810
2012 $9,352 $1,375,960 $637,750 $738,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1640167

Northwest Multiple Listing Service (NWMLS)

APN: 161012-005-000