NOT LISTED FOR SALE

301 Falls Dr Eastsound, WA 98245

Estimated Value: $3,252,997 - $4,614,000

3 Beds
4 Baths
4,134 Sq Ft
$907/Sq Ft Est. Value

Last Sold June 22, 2017

Last sale price $1,800,000 $435 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $22,245/month

10 Days on Market

Highlights

  • Ocean View
  • Greenhouse
  • Northwest Architecture
  • Orcas Island High School Rated A
  • Deck
  • Secluded Lot

About This Home

As of June 2017

PRIVACY, VIEWS, LUXURY & SPECTACULAR artistic touches describe this home designed by architect Roy Lundgren. Impeccably built. 3 bdrms +bonus rm, 2 offices, library w/loft space ALL with water views! 6 baths, 3 fireplaces, guesthouse w/kitchen. Garden space & deluxe greenhouse. Easy-care landscaping. Waterfall view from master bedroom! End of road location. 23 acres. Enter private gate to Twin Lakes Nature Preserve. Moran Park hiking trails & lakes nearby. Unbelievable peaceful location. Utopia!

Last Agent to Sell the Property

Kathryn Bowes

Island Grp Sotheby's Int Rlty License #90559 Listed on: 03/24/2017

Island Grp Sotheby's Int Rlty

Co-Listed By

Angela Pepka

Realogics Sotheby's Int'l Rlty License #114743

Last Buyer's Agent

Kathryn Bowes

Island Grp Sotheby's Int Rlty License #90559 Listed on: 03/24/2017

Island Grp Sotheby's Int Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1087920

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,243

Year Built

  • Built in 2002

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Gated Home
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Drought Tolerant Landscaping
  • Property is zoned Forest Resource-20

Parking

  • Detached Garage

Property Views

  • Ocean
  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Tile Roof
  • Stucco
  • Stone

Interior Spaces

  • 4 Bathrooms
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Greenhouse

Utilities

  • Propane
  • Shared Well
  • Well
  • Septic System
  • High Speed Internet

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 172111004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,243

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Nw Contemporary
  • Approved Accessory Dwelling: Main
  • Homebuilder: Rick Dalgarno
  • Building Information: Additional Dwelling, Built On Lot
  • Entrance Level: Main
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wet Bar, 2nd Master Br, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Loft, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Vinyl
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 4.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 4
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 3
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4134
  • Square Footage Finished: 4134
  • Square Footage Unfinished: 805

Exterior Features

  • Exterior: Stone, Stucco
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Mountain, Ocean, Sound, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Radiant, Hepa Air Filtration
  • Power Company: OPALCO
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private Well
  • Water Heater: lower main(1)+(1) guest qtrs.-Viessman
  • Water Source: Individual Well, Shared Well

Condo/Co-op/Association

  • HOA Fees: 167
  • Community Name: Eastsound
  • Project: Twin Lakes Nature Preserve
  • Community Features: Ccrs

Schools

  • Elementary School: Orcas Elem
  • Middle School: Orcas Isl Mid
  • High School: Orcas Isl High
  • School District: ORC

Lot Info

  • Lot Details: Dead End Street, Drought Res Landscpe, Open Space, Secluded
  • Lot Sq Ft: 1017997
  • Lot Topography Vegetation: Level, Partial Slope, Sloped, Terraces, Wooded
  • Parcel Number: 172111004000
  • Zoning Code: Forest Resource-20
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope, Sloped, Terraces, Wooded

Tax Info

  • Tax Amount: 12282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Jun 5, 2017
Sold by
Herbold Robert J and Herbold Patricia L
Bought by
Karandikar Mahesh and Yang Tong
Seller's Agent
Kathryn Bowes
Island Grp Sotheby's Int Rlty
Buyer's Agent
Kathryn Bowes
Island Grp Sotheby's Int Rlty
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%
Current Estimated Value
$3,749,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,949,749
Avg. Annual Appreciation
9.37%
Original Mortgage
$800,000
Outstanding Balance
$650,115
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,099,634
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
Karandikar Mahesh $1,799,820 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karandikar Mahesh $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Sold $1,800,000 -5.0% $435 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $1,895,000 -- $458 / 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 $22,243 $4,529,080 $392,360 $4,136,720
2023 $22,243 $4,183,650 $356,690 $3,826,960
2022 $16,505 $3,645,670 $356,690 $3,288,980
2021 $16,265 $2,252,410 $297,240 $1,955,170
2020 $16,852 $2,117,550 $297,240 $1,820,310
2019 $15,401 $2,138,250 $297,240 $1,841,010
2018 $16,762 $2,320,610 $1,941,920 $378,690
2017 $12,773 $2,111,960 $388,550 $1,723,410
2016 $11,925 $1,775,100 $431,720 $1,343,380
2015 $11,925 $1,769,820 $431,720 $1,338,100
2014 $11,925 $1,882,480 $392,470 $1,490,010
2012 $11,925 $1,901,990 $436,080 $1,465,910
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kathryn Bowes

    Island Grp Sotheby's Int Rlty

    Section Image
  • Angela Pepka

    Seller Co-Listing Agent in 2017

    Angela Pepka

    Reaologics Sothebys International Realty

    (425) 442-6203

    10 Total Sales

    Angela Pepka
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1087920

Northwest Multiple Listing Service (NWMLS)

APN: 172111-004-000

Washington San Juan County Eastsound 98245

301 Falls Dr, Eastsound, WA

This home is located at 301 Falls Dr, Eastsound, WA 98245 since 24 March 2017 and is currently estimated at $3,749,749, approximately $907 per square foot. This property was built in 2002. 301 Falls Dr is a home located in San Juan County with nearby schools including Orcas Island Elementary School, Orcas Island Middle School, and Orcas Island High 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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