NOT LISTED FOR SALE

261 Madrona St Eastsound, WA 98245

Estimated Value: $864,000 - $1,074,000

2 Beds
2 Baths
1,431 Sq Ft
$659/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $845,800 $591 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,297/month

73 Days on Market

Highlights

  • Craftsman Architecture
  • Fruit Trees
  • 1 Fireplace
  • Orcas Island High School Rated A-
  • Deck
  • Detached Garage

About This Home

As of November 2021

One of the original Eastsound Village homes built in 1948. Remodeled w/ new kitchen including cabinets, counters, GE appliances, flooring, & paint (inside & out). Multi-Use designation/location. Two bedrooms on the main floor w/ full bath, tiled shower, new half bath, open living space w/ over-size living room. Upper floor is freshly carpeted & ideal bonus space, office, studio or playroom. Lower basement has been dramatically changed w/ new drywall, carpet, very bright w/ utility room w/ washer/dryer & separate exterior door plus storage room. Fenced yard & attached (via roof only) 2 car garage. Close to all Eastsound business, shops & stores. Legal description subject to pending survey. Eastsound Water/Sewer & fiber optic in the road!

Last Agent to Sell the Property

Marty Zier

COMPASS License #13219 Listed on: 07/09/2021

COMPASS

Co-Listed By

Deborah Hansen

COMPASS License #18845

Last Buyer's Agent

Wally Gudgell

COMPASS License #11589

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1805339

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Value in Land

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Dishwasher
  • Finished Basement

Flooring

  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Orcas Elementary School
  • Orcas Isl Mid Middle School

Community Details

  • Eastsound Community

Listing and Financial Details

  • Assessor Parcel Number 271454305000

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Architecture: Craftsman
  • Effective Year Built: 1948
  • Building Information: Built On Lot
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Features: Dbl Pane/Storm Windw
  • Floor Covering: Laminate Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Refrigerator, Washer, K
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2454
  • Square Footage Finished: 1431
  • Square Footage Unfinished: 1023
  • Total Square Footage: 2454

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Detached, Driveway Parking
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Ductless Hp-Mini Split
  • Power Company: Orcas Power and Light Company
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Sewer Connected
  • Sewer Company: Eastsound Sewer & Water
  • Water Company: Eastsound Water Users
  • Water Heater: lower-Elec
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Eastsound

Schools

  • School District: ORC
  • Junior High: Orcas Isl Mid

Lot Info

  • Lot Details: Paved Street, Value In Land
  • Lot Sq Ft: 7336
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 271454305000
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Year: 2021
  • Tax Amount: 3241

MLS Schools

  • Elementary School: Orcas Elem
  • Senior High: Orcas Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Nov 10, 2021
Sold by
Orcas Fern St Llc
Bought by
White Chris T and White Lynda L
Seller's Agent
Marty Zier
COMPASS
Buyer's Agent
Wally Gudgell
COMPASS
List Price
$895,000
Sold Price
$845,800
Premium/Discount to List
-$49,200
-5.5%
Current Estimated Value
$943,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,438
Avg. Annual Appreciation
2.67%
Original Mortgage
$639,375
Outstanding Balance
$585,877
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$357,361

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 1, 2021
Sold by
Andrew Stewart R and Andrew Cynthia H
Bought by
Orcas Fern St Lc
Seller's Agent
Shea Sasan
Windermere RE Orcas Island
Buyer's Agent
Marty Zier
COMPASS
List Price
$705,000
Sold Price
$705,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.92%
Original Mortgage
$700,000
Interest Rate
2.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
White Chris T $845,800 San Juan Title Llc
Orcas Fern St Lc $705,000 San Juan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Chris T $639,375
Previous Owner Orcas Fern St Lc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2021 11/17/21 Sold $845,800 -5.5% $591 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $895,000 +27.0% $625 / Sq Ft
02/03/2021 02/03/21 Sold $705,000 0.0% $287 / Sq Ft View Prior Sale
02/03/2021 02/03/21 For Sale $705,000 -- $287 / 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 $4,379 $796,570 $237,020 $559,550
2023 $4,379 $801,820 $237,020 $564,800
2022 $3,892 $742,460 $237,020 $505,440
2021 $3,241 $518,200 $197,520 $320,680
2020 $3,324 $413,920 $185,240 $228,680
2019 $2,133 $413,920 $185,240 $228,680
2018 $2,169 $403,820 $260,240 $143,580
2017 $1,522 $269,480 $116,660 $152,820
2016 $2,078 $207,230 $98,030 $109,200
2015 $2,078 $200,690 $98,030 $102,660
2014 $2,078 $209,360 $106,700 $102,660
2012 $2,078 $270,380 $118,560 $151,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1805339

Northwest Multiple Listing Service (NWMLS)

APN: 271454-305-000