NOT LISTED FOR SALE

Estimated Value: $899,000 - $1,046,000

2 Beds
2 Baths
1,495 Sq Ft
$661/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $998,000 $668 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,263/month

3 Days on Market

Highlights

  • Boathouse
  • Golf Course Community
  • Clubhouse
  • Low Bank Waterfront Property
  • Bay View
  • Property is near public transit

About This Home

As of September 2022

Experience serenity as you gaze out onto the Bay from this single story cottage style waterfront home. Rare opportunity to own a premier lot in the highly desirable & charming neighborhood of Ludlow Cove. Boasting w/natural light, the open concept living features engineered hardwood floors throughout, oversized quartz island, generous dining & cozy fireplace to make your space cozy & special. Primary bedroom is spacious w/large walk in closet heated floors in primary bath w/walk in shower. 2nd bdrm & office space located ideally opposite primary. Relax on your oversized deck or explore the calm waters in your kayak launched from the gazebo. Enjoy miles of walking trails, 300 slip marina, waterfront inn & a championship 18-hole golf course.

Last Listed By

Lori Montone

Port Ludlow Brokers LLC License #125707 Listed on: 08/05/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1971171

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,189

Year Built

  • Built in 2016

Lot Details

  • 6,534 Sq Ft Lot
  • Low Bank Waterfront Property
  • 78 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Level Lot
  • Property is in very good condition

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,495 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Dining Room
  • Bay Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Heat Pump System
  • Propane
  • Private Water Source
  • Water Heater
  • High Tech Cabling

Additional Features

  • Boathouse
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 968900020

Community Details

Overview

  • Built by Westharbor Homes
  • Ludlow Cove Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,189

Year Built

Built in 2016

Lot Details

0

HOA Fees

$195 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2016
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: The Cove
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1495
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 969

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Interior Amenities: Heat Pump, Ceramic Tile, Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Walk-In Pantry, Water Heater
  • Living Area: 1495
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1495
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Bay, See Remarks
  • Lot Features: Cul-De-Sac, Paved
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Bank-Low, Bay/Harbor
  • Waterfront: Yes
  • Builder Name: Westharbor Homes
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • PoolType: Community
  • WaterfrontFootage: 78

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electricity Available, Propane, Common Area Maintenance, See Remarks
  • HeatingCoolingType: Heat Pump,Radiant
  • PowerCompany: PUD 1
  • SewerCompany: Olympic Water and Sewer
  • WaterCompany: Olympic Water and Sewer
  • WaterHeaterLocation: Closet/hall
  • WaterHeaterType: Electric
  • CableConnected: Astound/Wave
  • InternetConnected: Astound/Wave

Condo/Co-op/Association

  • Community Features: CCRs, Club House, Community Waterfront/Pvt Beach, Golf, Park, Playground, Tennis Courts, Trail(s)
  • Senior Community: No
  • Association Fee: 195
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Chimacum #49
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 968900020
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Boat House
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: County
  • LotNumber: 20

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6189

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 29, 2022
Sold by
Bracilano Katharine W
Bought by
Kras James Edward and Kras Amanda J
Seller's Agent
Lori Montone
Port Ludlow Brokers LLC
Buyer's Agent
Kara Rogers
Keller Williams Realty
List Price
$998,950
Sold Price
$998,000
Premium/Discount to List
-$950
-0.1%
Total Days on Market
3
Current Estimated Value
$988,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,185
Avg. Annual Appreciation
-0.95%
Original Mortgage
$793,600
Outstanding Balance
$765,372
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$207,632

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 5, 2019
Sold by
Perkins Linda S
Bought by
Bracilano Katharine W
Seller's Agent
Karen Best
Coldwell Banker Best Homes
Buyer's Agent
Jim Fox
Windermere R.E. Port Townsend
List Price
$689,500
Sold Price
$695,000
Premium/Discount to List
$5,500
0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$484,350
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2015
Sold by
Port Ludlow Associates Llc
Bought by
Perkins Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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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
Kras James Edward -- Frontier Title & Escrow
Bracilano Katharine W $695,000 Jefferson Title Co Inc
Perkins Linda S $530,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kras James Edward $793,600
Previous Owner Bracilano Katharine W $200,000
Previous Owner Bracilano Katharine W $484,350
Previous Owner Perkins Linda S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $998,000 -0.1% $668 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $998,950 +43.7% $668 / Sq Ft
09/12/2019 09/12/19 Sold $695,000 +0.7% $465 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
08/06/2019 08/06/19 Price Changed $689,900 +0.1% $461 / Sq Ft
08/06/2019 08/06/19 For Sale $689,500 0.0% $461 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $689,500 -- $461 / 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 $6,723 $852,173 $334,750 $517,423
2022 $6,189 $829,676 $329,750 $499,926
2021 $6,201 $677,847 $279,825 $398,022
2020 $5,931 $638,654 $269,063 $369,591
2019 $5,395 $588,699 $247,538 $341,161
2018 $6,075 $538,744 $226,013 $312,731
2017 $5,806 $536,877 $225,500 $311,377
2016 $2,137 $523,339 $225,500 $297,839
2015 -- $185,000 $185,000 $0
2014 -- $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1971171

Northwest Multiple Listing Service (NWMLS)

APN: 968900020