NOT LISTED FOR SALE

222 Cypress Ln Olga, WA 98279

Estimated Value: $1,540,000 - $4,030,000

3 Beds
2.5 Baths
3,051 Sq Ft
$1,021/Sq Ft Est. Value

Last Sold December 15, 2020

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

Est. 13% increase in value since last sale

Current estimated payment $18,345/month

49 Days on Market

Highlights

  • 280 Feet of Waterfront
  • Spa
  • Contemporary Architecture
  • Orcas Island High School Rated A
  • Strait Views
  • Secluded 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.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,526

Year Built

  • Built in 2003

Lot Details

  • 5.69 Acre Lot
  • 280 Feet of Waterfront
  • Street terminates at a dead end
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Property is in very good condition
  • Zoning described as 11

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Strait Views
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Split Foyer
  • 3-Story Property
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,051 Sq Ft Home
  • 2 Fireplaces
  • French Doors
  • Natural lighting in basement

Kitchen

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

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Bedroom
  • Accessible Kitchen
  • Central Living Area
  • Accessible Utilities
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Spa
  • Patio
  • Outbuilding

Additional Homes

  • ADU includes 2 Bedrooms and 2 Bathrooms

Schools

  • Orcas Elementary School
  • Orcas Isl Mid Middle School
  • Orcas Isl High School

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Propane
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • Bj Arnold Association
  • Olga Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Tax Lot Portion of Lot 2
  • Assessor Parcel Number 161012005000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,526

Year Built

Built in 2003

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 13 - Tri-Level
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Elevator Installed, Accessible Entrance, Accessible Kitchen, Accessible Utility, Other
  • Year Built: 2003
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,TrashCompactor,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Channel Properties
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 4051
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Private Spa: Yes
  • Appliances: Dryer, Trash Compactor, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Split
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Hardwood, See Remarks, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Double Pane/Storm Window, Elevator, French Doors, Security System, Water Heater
  • Living Area: 3051
  • Main Level Bedrooms: 2
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 3051
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Trash Compactor,Washer
  • FireplacesUpper: 2
  • ADUBaths: 2
  • ADUBeds: 2

Exterior Features

  • Roof: Metal, See Remarks
  • View: Mountain(s), Strait, Territorial
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 280

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community, See Remarks
  • Security: Security System
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Septic System, Electricity Available, Propane, Wood
  • PowerCompany: OPALCO
  • WaterCompany: Doe Bay Water
  • WaterHeaterLocation: Lower
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 17
  • Association Fee Frequency: Monthly
  • AssociationContactName: BJ Arnold

Schools

  • Junior High Dist: Orcas Island
  • High School: Orcas Isl High
  • Middle Or Junior School: Orcas Isl Mid

Lot Info

  • Parcel Number: 161012005000
  • Topography: Level,Sloped,Terraces
  • Lot Size Acres: 5.69
  • Lot Size Sq Ft: 247856
  • Zoning Description: 11
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Electric Car Charging,High Speed Internet,Hot Tub/Spa,Outbuildings,Patio,Propane,Shop,Sprinkler System
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • LotNumber: Portion of Lot 2
  • IrrigationComments: Sprinklers at house, cottage, studio

Green Features

  • Efficiency: High Efficiency (Unspecified)
  • Power Production Type: Electric, Propane, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 13526

MLS Schools

  • Elementary School: Orcas Elem

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
List Price
$2,750,000
Sold Price
$2,750,000
Current Estimated Value
$3,114,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,883
Avg. Annual Appreciation
2.60%
Original Mortgage
$200,000
Outstanding Balance
$175,750
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$2,939,133
Source: Public Records

Range of Values:

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Average Value
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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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2024 $22,348 $4,301,410 $737,060 $3,564,350
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

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1640167

Northwest Multiple Listing Service (NWMLS)

APN: 161012-005-000