Listed by Windermere RE West Sound Inc.
$699,000
$26K PRICE DROP

262 Margaret St Port Ludlow, WA 98365

Estimated payment $4,164/month

Total Views 5,782
3 Beds
3 Baths
2,322 Sq Ft
$301 Price per Sq Ft

Highlights

  • Community Boat Launch
  • Rooftop Deck
  • Bay View
  • Second Kitchen
  • RV Access or Parking
  • Contemporary Architecture

About This Home

Beautiful custom 3 story home with water views of the bay and Hood Canal on quiet dead end street off Shine Rd. Access to community park/beach & boat launch close by. Bdrm & full bath on each floor. Two kits (one w/o stove), propane FP on main & upper floor. Very well maintained inside & out & gently lived in. Updates: Lux plank vinyl foors on main, new kit area on main, gorgeous glass & metal entry door, ext upper front of home, some new light fixtures & living room blinds. Large deck off the middle floor for easy access/w closed in storage underneath. Amazing landscape on oversized lot. Detached double gar/shop. Two tax parcels. Great location just 15 mins from stores/eats & services. Five min to the bridge. Perfect for multi gen living.

Listing Agent

Christine Todd

Windermere RE West Sound Inc. License #93326 Listed on: 08/07/2025

Windermere RE West Sound Inc.

Co-Listing Agent

Jet Woelke

Windermere RE West Sound Inc. License #26253

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2412271

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,212

Year Built

  • Built in 2004

Lot Details

  • 0.53 Acre Lot
  • Street terminates at a dead end
  • South Facing Home
  • Partially Fenced Property
  • Level Lot
  • Garden
  • 994600209
  • Property is in good condition

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Bay
  • Canal

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,322 Sq Ft Home
  • Multi-Level Property
  • Skylights
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Second Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Outbuilding

Schools

  • Chimacum Elementary School
  • Chimacum Mid Middle School
  • Chimacum High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Propane
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Debbie Lund/Shineplathoa@Gmail.Com Association
  • Shine Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,212

Year Built

Built in 2004

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 15 - Multi Level
  • Year Built: 2004
  • Inclusions: Dishwasher(s),Dryer(s),Leased Equipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Contemporary
  • Building Name: 2nd Shine Plat
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2322
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2412271?w=Consumer&agent=63750
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Second Kitchen, Double Pane/Storm Window, Dining Room, Fireplace, Jetted Tub, Skylight(s), Walk-In Closet(s), Water Heater
  • Living Area: 2322
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2322
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Bay, Canal
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Direction Faces: South
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: House
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage, Off Street, RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Fireplace Insert, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Jefferson PUD
  • WaterCompany: PUD of Jefferson Co
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric
  • InternetConnected: CenturyLink

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Park
  • Senior Community: No
  • Association Fee: 291
  • Association Fee Frequency: Annually
  • Association: Yes
  • AssociationContactName: Debbie Lund/shineplathoa@gmail.com

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Chimacum #49
  • High School: Chimacum High
  • Middle Or Junior School: Chimacum Mid

Lot Info

  • Parcel Number: 821333028
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.53
  • Lot Size Sq Ft: 23087
  • Additional Parcels Description: 994600209
  • Zoning: RR
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,Propane,Rooftop Deck,RV Parking
  • MLSLotSizeSource: County Records
  • MLSSquareFootageSource: County Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5212.43

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Chimacum Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,898 $651,394 $199,500 $451,894
2023 $4,898 $617,246 $185,000 $432,246
2022 $4,496 $612,246 $180,000 $432,246
2021 $4,433 $489,154 $155,250 $333,904
2020 $4,229 $453,804 $143,750 $310,054
2019 $3,849 $418,454 $132,250 $286,204
2018 $4,339 $383,103 $120,750 $262,353
2017 $3,910 $383,103 $120,750 $262,353
2016 $4,058 $353,503 $115,000 $238,503
2015 $4,134 $362,935 $110,000 $252,935
2014 -- $374,962 $110,000 $264,962
2013 -- $374,960 $110,000 $264,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $699,000 -3.6% $301 / Sq Ft
08/07/2025 08/07/25 For Sale $725,000 +98.9% $312 / Sq Ft
07/31/2015 07/31/15 Sold $364,500 0.0% $153 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
07/10/2015 07/10/15 Price Changed $364,500 -2.7% $153 / Sq Ft
05/23/2015 05/23/15 Price Changed $374,500 -6.3% $157 / Sq Ft
05/04/2015 05/04/15 For Sale $399,500 -- $168 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $364,500 Jefferson Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $291,600 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2412271

Northwest Multiple Listing Service (NWMLS)

APN: 821333028