NOT LISTED FOR SALE

318 Otsego St SW Ocean Shores, WA 98569

Estimated Value: $526,000 - $643,000

3 Beds
1 Bath
1,585 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $272,900 $172 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,431/month

186 Days on Market

Highlights

  • Airport or Runway
  • Golf Course Community
  • RV Access or Parking
  • Airstrip
  • Community Boat Launch
  • Home fronts a canal

About This Home

As of October 2016

NEW WATERFRONT HOME at Ocean Shores, WA! Situated on a dead end street just a few blocks from a public beach path. 3br 2ba. 1585asf. 2-car garage. Open concept. Enter into the great room featuring a fireplace with stone surround and door leading to covered deck. Gorgeous wood laminate flooring. Stylish cabinetry. Breakfast bar. Granite slab counters. Central vac. Master suite. GenTran system. Hot/cold exterior spigot. 9000asf lot. 60' frontage. 1-year builder warranty.

Last Agent to Sell the Property

Steve Simmons

John L. Scott Ocean Shores License #84166 Listed on: 03/08/2016

John L. Scott Ocean Shores

Last Buyer's Agent

Linda Benson

John L. Scott Ocean Shores

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM906169

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,784

Year Built

  • Built in 2016

Lot Details

  • Home fronts a canal
  • Cul-De-Sac
  • Level Lot

Property Views

  • Canal
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Airstrip
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 092300051800

Community Details

Overview

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

Amenities

  • Airport or Runway
  • Clubhouse

Recreation

  • Community Boat Launch
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,784

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Contemporary
  • New Construction: Under Construction
  • Homebuilder: A&J Precision Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2016
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1585
  • Square Footage Finished: 1585

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Canal, Territorial
  • Waterfront: Canal
  • Waterfront Frontage: 60

Garage/Parking

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

Utilities

  • Heating And Cooling: Wall
  • Power Company: GH PUD
  • Sewer: Sewer Connected
  • Sewer Company: City of Ocean Shores
  • Water Company: City of Ocean Shores
  • Water Heater: electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Ocean Shores
  • Project: 11
  • Community Features: Airfield, Boat Launch, Ccrs, Clubhouse, Golf Course, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • Elementary School: Ocean Shores Elem
  • Middle School: North Beach Mid
  • High School: North Beach High
  • School District: NBC

Lot Info

  • Lot Number: 518
  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Dimensions: 60x150
  • Lot Sq Ft: 9000
  • Lot Topography Vegetation: Level
  • Parcel Number: 092300051800
  • Zoning Code: R-1
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Oct 24, 2016
Sold by
A & J Precision Homes Llc
Bought by
Monta Wayne K and Monta Barbara M
Seller's Agent
Steve Simmons
John L. Scott Ocean Shores
Buyer's Agent
Linda Benson
John L. Scott Ocean Shores
List Price
$272,900
Sold Price
$272,900
Current Estimated Value
$587,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,727
Avg. Annual Appreciation
8.70%
Original Mortgage
$200,000
Outstanding Balance
$162,802
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$411,980
Source: Public Records

Range of Values:

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Average Value
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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
Monta Wayne K $272,900 Ght
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monta Wayne K $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2016 10/25/16 Sold $272,900 0.0% $172 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $272,900 0.0% $172 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
07/21/2016 07/21/16 Price Changed $272,900 +3.0% $172 / Sq Ft
06/04/2016 06/04/16 For Sale $264,900 0.0% $167 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $264,900 -- $167 / 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
2025 $3,784 $597,634 $85,500 $512,134
2023 $3,784 $535,479 $129,400 $406,079
2022 $3,603 $426,196 $86,250 $339,946
2021 $3,780 $426,196 $86,250 $339,946
2020 $3,644 $366,097 $75,000 $291,097
2019 $3,164 $339,620 $62,500 $277,120
2018 $3,338 $287,280 $50,000 $237,280
2017 $2,303 $285,394 $50,000 $235,394
2016 -- $193,360 $45,000 $148,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM906169

Northwest Multiple Listing Service (NWMLS)

APN: 092300051800