NOT LISTED FOR SALE

2921 Cedar Ave Lummi Island, WA 98262

Estimated Value: $417,000 - $481,000

2 Beds
2 Baths
840 Sq Ft
$533/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $199,999 $238 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,654/month

311 Days on Market

Highlights

  • Waterfront Community
  • Clubhouse
  • Softwood Flooring
  • Community Boat Launch
  • Wooded Lot
  • 1 Fireplace

About This Home

As of February 2017

City living have you stressed out? Welcome to Piney Cottage! This adorable 2 bedroom/2 bath cabin sits among the trees and has peekaboo easterly views across the water. New appliances, wood floors, well maintained, everything you'd want in a cabin plus raised garden beds and a small playhouse included. Single car detached garage. Ownership includes beach rights, boat launch, swim lake & club house. It's ready for you to enjoy fishing, crabbing, boating, hiking, and the Saturday Market.

Last Agent to Sell the Property

Kenneth Swanson

Windermere Real Estate Whatcom License #97660 Listed on: 03/18/2016

Windermere Real Estate Whatcom

Co-Listed By

Linda Swanson

Windermere Real Estate Whatcom

Last Buyer's Agent

Kenneth Swanson

Windermere Real Estate Whatcom License #97660 Listed on: 03/18/2016

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM909990

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,774

Year Built

  • Built in 1995

Lot Details

  • Partially Fenced Property
  • Terraced Lot
  • Wooded Lot
  • Property is zoned RRI

Parking

  • Detached Garage

Home Design

  • Cabin
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Softwood Flooring
  • Limited Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 3701235323940000

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

$2,774

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Skylights
  • Floor Covering: Fir/Softwood
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 840
  • Square Footage Finished: 840

Exterior Features

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

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Stove/Free Standing, Wall
  • Power Company: Puget Sound Energy
  • Sewer: Septic
  • Sewer Company: Private Septic
  • Water Company: LISECC
  • Water Heater: bedroom closet main floor-electric
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 55
  • Community Name: Lummi Island
  • Project: Lummi Island Scenic Estates
  • Community Features: Boat Launch, Ccrs, Clubhouse, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Beach Elem
  • Middle School: Vista Mid
  • High School: Ferndale High
  • School District: FRN

Lot Info

  • Lot Number: 60
  • Lot Details: Paved Street
  • Lot Dimensions: 57 x 177
  • Lot Sq Ft: 10055
  • Lot Topography Vegetation: Sloped, Terraces, Wooded
  • Parcel Number: 3701235323940000
  • Zoning Code: RRI
  • Zoning Jurisdiction: County
  • Lot Topography: Sloped, Terraces, Wooded

Tax Info

  • Tax Amount: 1910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Feb 10, 2017
Sold by
Dempsey Paul and Dempsey Leslie
Bought by
Miller Mathew J and Lawson Theresa M
Seller's Agent
Kenneth Swanson
Windermere Real Estate Whatcom
Buyer's Agent
Kenneth Swanson
Windermere Real Estate Whatcom
List Price
$199,999
Sold Price
$199,999
Current Estimated Value
$448,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,137
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Nov 1, 2006
Sold by
Olson James L
Bought by
Lummi Island Piney Cottage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2003
Sold by
Olson Kristen and Olson Julie
Bought by
Olson James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1999
Sold by
Olson James L and Olson Kristen
Bought by
Olson James L and Olson Kristen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Miller Mathew J $199,999 First American Title Ins Co
Lummi Island Piney Cottage Llc $237,280 Whatcom Land Title
Olson James L -- First American Title Insuran
Olson James L -- First American Title Ins Co
Olson James L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lummi Island Piney Cottage Llc $189,600
Previous Owner Olson James L $67,000
Previous Owner Olson James L $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2017 02/21/17 Sold $199,999 0.0% $238 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $199,999 0.0% $238 / Sq Ft
01/01/2017 01/01/17 Off Market $199,999 -- --
05/05/2016 05/05/16 For Sale $199,999 0.0% $238 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $199,999 0.0% $238 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $199,999 -- $238 / 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 $2,774 $376,873 $175,814 $201,059
2023 $2,774 $363,153 $169,414 $193,739
2022 $2,447 $303,900 $141,772 $162,128
2021 $2,103 $245,084 $114,334 $130,750
2020 $2,099 $200,882 $93,713 $107,169
2019 $1,895 $182,205 $85,000 $97,205
2018 $2,073 $189,690 $90,090 $99,600
2017 $1,942 $159,146 $75,595 $83,551
2016 $1,906 $156,646 $74,425 $82,221
2015 $1,766 $151,847 $72,475 $79,372
2014 -- $138,883 $66,300 $72,583
2013 -- $134,993 $65,000 $69,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM909990

Northwest Multiple Listing Service (NWMLS)

APN: 370123-532394-0000