NOT LISTED FOR SALE

2916 Cedar Ave Lummi Island, WA 98262

Estimated Value: $455,000 - $492,665

2 Beds
1 Bath
1,280 Sq Ft
$369/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $400,000 $312 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,724/month

Highlights

  • Waterfront Community
  • Clubhouse
  • 2 Fireplaces
  • Community Boat Launch
  • Deck
  • Limited Views

About This Home

As of March 2021

The perfect spot to get away from it all. Cute, woodsy cabin. 1280 square feet. 2 bed/1.75 baths. Large 16' x 20' shop has lots of versatile uses. New roofing, toilets, carpeting. Located on Lummi Island in the Scenic Estates neighborhood. Members enjoy a salt water boat launch, marina docks in the summer, clubhouse sitting right on the shoreline, freshwater swim lake and much, much more. The 5 minute ferry ride across Hales Passage will open the door to hiking, kayaking, sailing, crabbing, fishing and beachcombing. Home to the Willows Inn, one of the top rated restaurants in N America. Relax and recharge yourself with island living. It's hard not too!!

Last Agent to Sell the Property

Kenneth Swanson

Windermere Real Estate Whatcom License #97660 Listed on: 02/12/2021

Windermere Real Estate Whatcom

Last Buyer's Agent

Angela Dixon

Lummi Island Realty LLC License #23319

Lummi Island Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1729556

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1963

Lot Details

  • 7,405

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Limited Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Propane
  • Septic System

Additional Features

  • Deck
  • Property is zoned RRI

Listing and Financial Details

  • Assessor Parcel Number 3701235474060000

Community Details

Overview

  • Lummi Island Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,052

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1280
  • Square Footage Finished: 1280

Exterior Features

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

Garage/Parking

  • Parking Type: Off Street, K

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Private Septic
  • Water Company: LISECC
  • Water Heater: lower closet-Electric
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 77
  • Community Name: Lummi Island
  • Project: Lummi Island Scenic Estates
  • Community Features: Boat Launch, CCRs, Clubhouse, Community Waterfront/Pvt Beach, K

Schools

  • School District: FRN

Lot Info

  • Lot Number: 44
  • Lot Details: Paved Street
  • Lot Dimensions: 85 x 128 x 109 x 60
  • Lot Sq Ft: 7600
  • Parcel Number: 3701235474060000
  • Zoning Code: RRI
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 2327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 18, 2021
Sold by
Dempsey Paul and Dempsey Leslie
Bought by
Smith Scott A and Spicher Sandra A
Seller's Agent
Kenneth Swanson
Windermere Real Estate Whatcom
Buyer's Agent
Angela Dixon
Lummi Island Realty LLC
List Price
$399,500
Sold Price
$400,000
Premium/Discount to List
$500
0.13%
Current Estimated Value
$471,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,916
Avg. Annual Appreciation
3.66%
Original Mortgage
$300,000
Outstanding Balance
$269,065
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$202,851

Purchase Details

Closed on
May 2, 2006
Sold by
Leede Carla A
Bought by
Dempsey Paul C and Dempsey Leslie M
Source: Public Records

Range of Values:

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List Price
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
Smith Scott A $400,000 Whatcom Land Title Co Inc
Dempsey Paul C $255,280 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Scott A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $400,000 +0.1% $313 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $399,500 -- $312 / 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 $3,052 $418,528 $206,840 $211,688
2023 $3,052 $403,292 $199,310 $203,982
2022 $2,713 $337,490 $166,790 $170,700
2021 $2,331 $272,173 $134,510 $137,663
2020 $2,327 $223,084 $110,250 $112,834
2019 $1,879 $202,344 $100,000 $102,344
2018 $2,055 $188,078 $62,370 $125,708
2017 $1,926 $157,786 $52,335 $105,451
2016 $1,887 $155,298 $51,525 $103,773
2015 $1,749 $150,353 $50,175 $100,178
2014 -- $137,509 $45,900 $91,609
2013 -- $133,340 $45,000 $88,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1729556

Northwest Multiple Listing Service (NWMLS)

APN: 370123-547406-0000