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
Highlights
- 280 Feet of Waterfront
- Spa
- Contemporary Architecture
- Orcas Island High School Rated A
- Strait Views
- Secluded Lot
About This Home
As of December 2020A 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
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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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

APN: 161012-005-000
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