NOT LISTED FOR SALE

280 N Bay Way Port Ludlow, WA 98365

Estimated Value: $1,276,000 - $1,568,000

3 Beds
5 Baths
3,602 Sq Ft
$410/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $1,586,000 $440 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $8,998/month

10 Days on Market

Highlights

  • 180 Feet of Waterfront
  • RV Access or Parking
  • Secluded Lot
  • Views of a Sound
  • Deck
  • Wooded Lot

About This Home

As of June 2022

Meandering down a tree-lined drive you’ll find a truly stunning waterfront estate with incredible views of Puget Sound, Mt. Baker and Cascade Mountain range! Superb open floor plan is sophisticated and beautiful, yet warm and welcoming. Gather with friends to take in captivating views from the deck or stroll through the orchard and 3.4 acres of natural landscape. Three spacious ensuites boast water views w/the primary on the main and two on the lower level. The walk-out family room with wet bar, built-ins and fireplace downstairs is perfect for private guest quarters & more. Two unfinished rooms await your inspired ideas or simply use for storage. Shed could make a great shop/studio. Rare opportunity! Includes parcels 976800009 & 976800040.

Last Agent to Sell the Property

Pam Begley

Coldwell Banker Best Homes License #114788 Listed on: 05/16/2022

Coldwell Banker Best Homes

Last Buyer's Agent

Jennifer Goffin

Keller Williams Greater 360 License #116905

Keller Williams Greater 360

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1933713

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,343

Year Built

  • Built in 1998

Lot Details

  • 3.4 Acre Lot
  • 180 Feet of Waterfront
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • East Facing Home
  • Secluded Lot
  • Dunes
  • Sloped Lot
  • Wooded Lot
  • Garden
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Bay
  • Strait Views
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 3,602 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Detached Carport Space
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Patio
  • Outbuilding

Schools

  • Chimacum Creek Prima Elementary School
  • Chimacum Mid Middle School
  • Chimacum High School

Utilities

  • Central Air
  • Heat Pump System
  • Generator Hookup
  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • High Tech Cabling

Community Details

  • No Home Owners Association
  • Built by Ked-Ter Construction
  • Oak Bay Subdivision

Listing and Financial Details

  • Tax Lot 19, 20, 21 and 65, 66, 67
  • Assessor Parcel Number 976800009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,343

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1998
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Oak Bay Waterfront Tracts
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3602
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,123

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Heat Pump, Central A/C, Hardwood, Wall to Wall Carpet, Wet Bar, Wired for Generator, Bath Off Primary, Built-In Vacuum, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 3602
  • Main Level Bedrooms: 1
  • Bathrooms: 3.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3602
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 2
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), See Remarks, Sound, Strait, Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-Medium, Bay/Harbor, Saltwater, Sound, Tideland Rights
  • Waterfront: Yes
  • Builder Name: Ked-Ter Construction
  • Direction Faces: East
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 180

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Propane, Septic System, Electricity Available, Propane, Individual Well
  • HeatingCoolingType: Central A/C,Heat Pump,Wall
  • PowerCompany: Jefferson County PUD #1
  • WaterHeaterLocation: Lower level utilities room
  • WaterHeaterType: Electric
  • CableConnected: Dish Satellite
  • InternetConnected: DSL, Century Link

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 976800009
  • Topography: Dune,PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 3.4
  • Lot Size Sq Ft: 148103
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Outbuildings,Patio,Propane,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 19, 20, 21 and 65, 66, 67

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: true

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7343
  • AdditionalTaxIds: 976800040

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Chimacum Creek Prima

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 3, 2022
Sold by
Abrams Family Trust
Bought by
Altabef Steven M and Altabef Elizabeth M
Seller's Agent
Pam Begley
Coldwell Banker Best Homes
Buyer's Agent
Jennifer Goffin
Keller Williams Greater 360
List Price
$1,598,000
Sold Price
$1,586,000
Premium/Discount to List
-$12,000
-0.75%
Total Days on Market
10
Current Estimated Value
$1,476,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,812
Avg. Annual Appreciation
-4.67%
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
Altabef Steven M -- First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $1,586,000 -0.8% $440 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $1,598,000 -- $444 / 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 $9,666 $1,226,685 $473,903 $752,782
2022 $7,083 $1,187,467 $468,903 $718,564
2021 $6,944 $774,486 $387,383 $387,103
2020 $6,585 $714,821 $356,392 $358,429
2019 $6,394 $655,155 $325,401 $329,754
2018 $6,725 $640,818 $325,401 $315,417
2017 $6,559 $596,649 $309,906 $286,743
2016 $6,563 $596,649 $309,906 $286,743
2015 $6,476 $586,736 $332,626 $254,110
2014 -- $586,736 $332,626 $254,110
2013 -- $586,735 $332,625 $254,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1933713

Northwest Multiple Listing Service (NWMLS)

APN: 976800009