NOT LISTED FOR SALE

265 Ludlow Bay Rd Port Ludlow, WA 98365

Port Ludlow Neighborhood

Estimated Value: $856,000 - $1,009,229

2 Beds
1 Bath
1,040 Sq Ft
$882/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $500,000 $481 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,594/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • 1 Fireplace
  • Bay View
  • Contemporary Architecture
  • Detached Garage

About This Home

As of August 2016

Charming waterfront cottage, first time on the market ever! At your door is one of the best sugar sand beaches in the Pacific NW. The cottage is cozy with two bedrooms & a loft. Like lawn games? Play croquet, badminton & horseshoes all at the same time on the large lawn. Don't worry about the septic system either, you get sewer, city water & a well for irrigation. There is also a large shed & heated garage. Take this once in a lifetime opportunity to capture your dreams!

Last Agent to Sell the Property

Jim Lake

John L. Scott, Inc. License #107837 Listed on: 05/17/2016

John L. Scott, Inc.

Last Buyer's Agent

Jim Lake

John L. Scott, Inc. License #107837 Listed on: 05/17/2016

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM942209

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,051

Year Built

  • Built in 1982

Lot Details

  • Level Lot
  • Property is zoned 11

Property Views

  • Bay
  • Mountain

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Wall to Wall Carpet

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Community Details

  • Ludlow Beach Tracts Community

Listing and Financial Details

  • Assessor Parcel Number 968700109

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,051

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Loft
  • Floor Covering: Wall To Wall Carpet
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1040
  • Square Footage Finished: 1040

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Mountain
  • Waterfront: No Bank
  • Waterfront Frontage: 110 FT

Garage/Parking

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

Utilities

  • Heating And Cooling: Heat Pump
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Olympic Water & Sewer
  • Water Company: Olympic
  • Water Heater: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Ludlow Beach Tracts
  • Project: Ludlow Beach Tracks

Schools

  • School District: CHI

Lot Info

  • Lot Number: 9B
  • Lot Details: Paved Street
  • Lot Sq Ft: 28946
  • Lot Topography Vegetation: Level
  • Parcel Number: 968700109
  • Zoning Code: 11
  • Zoning Jurisdiction: County
  • Lot Topography: Level

Tax Info

  • Tax Amount: 1285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Aug 22, 2016
Sold by
Grove Pamela Jayne
Bought by
Drennen Andrew James and Drennen Brenna Mae
Seller's Agent
Jim Lake
John L. Scott, Inc.
Buyer's Agent
Jim Lake
John L. Scott, Inc.
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$917,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,307
Avg. Annual Appreciation
6.91%
Original Mortgage
$100,000
Outstanding Balance
$75,937
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$826,381

Purchase Details

Closed on
Jun 26, 2013
Sold by
Grove Raymond L
Bought by
Grove Pamela J and Grove Raymond L
Source: Public Records

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Range of Values:

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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
Drennen Andrew James $500,000 Jefferson Title Co Inc
Grove Pamela J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drennen Andrew James $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $500,000 0.0% $481 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $500,000 -- $481 / 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 $6,051 $773,429 $455,000 $318,429
2022 $5,683 $754,584 $450,000 $304,584
2021 $5,816 $627,291 $409,500 $217,791
2020 $5,547 $603,763 $393,750 $210,013
2019 $5,042 $556,706 $362,250 $194,456
2018 $5,469 $509,650 $330,750 $178,900
2017 $4,992 $489,181 $315,000 $174,181
2016 $4,455 $457,817 $315,000 $142,817
2015 $4,395 $400,528 $316,000 $84,528
2014 -- $400,528 $316,000 $84,528
2013 -- $400,530 $316,000 $84,530
Source: Public Records

Agents Affiliated with this Home

  • Jim Lake

    Seller's Agent in 2016

    Jim Lake

    John L Scott

    (360) 779-7555

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM942209

Northwest Multiple Listing Service (NWMLS)

APN: 968700109

Washington Jefferson County Port Ludlow 98365 Port Ludlow

265 Ludlow Bay Rd, Port Ludlow, WA

This home is located at 265 Ludlow Bay Rd, Port Ludlow, WA 98365 since 17 May 2016 and is currently estimated at $917,307, approximately $882 per square foot. This property was built in 1982. 265 Ludlow Bay Rd is a home located in Jefferson County with nearby schools including Chimacum Creek Primary School, Chimacum School Pi Program, and Chimacum Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information submitted to the MLS GRID

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