Listed by Coldwell Banker Bain, Bought with Designed Realty
$1,005,000
SOLD NOV 4, 2024

3480 Timothy Way Camano Island, WA 98282

3 Beds
3 Baths
2,260 Sq Ft
0.5 Acres

Recently Sold

$445 Per Sq Ft

7% Below List Price

Highlights

  • Views of a Sound
  • Deck
  • Vaulted Ceiling
  • Spa
  • Contemporary Architecture
  • 2 Car Detached Garage

About This Home

As of November 2024

Come experience this southwest-facing contemporary home designed around a dynamic panorama outside every window. The ever-evolving view reflects all facets of Pacific NW beauty with snow-capped mountains, the ebb and flow of water, captivating sunsets & migrating wildlife. The home's open-concept kitchen, living & dining areas connect to a full-length deck complete w/ hot tub. Upstairs is the primary bedroom w/ walk-in closet, ensuite bath & private deck. A large loft area spans to a ¾ bath & two additional bedrooms (w/ Mt. Rainier view). Minutes to the community's private waterfront, where beachcombing, whale watching & crabbing await. Other notable features: 935 sq ft garage w/ bonus room, propane stove, newer heat pump, siding & windows.

Last Agent to Sell the Property

Cullen Brain

Coldwell Banker Bain License #90019 Listed on: 04/18/2024

Coldwell Banker Bain

Last Buyer's Agent

Ghazal Salehi

Designed Realty License #139947

Designed Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2223586

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,613

Year Built

  • Built in 1981

Lot Details

  • 0.5 Acre Lot
  • Southwest Facing Home
  • Sloped Lot

HOA Fees

  • $281 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Property Views

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

Home Design

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

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher
  • Trash Compactor

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Heating System
  • High Efficiency Heating System
  • Heat Pump System
  • Propane
  • Shared Well
  • Water Heater

Community Details

  • South Camano Subdivision

Listing and Financial Details

  • Assessor Parcel Number S619200000120

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,613

Year Built

Built in 1981

Lot Details

0

HOA Fees

$281 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Trash Compactor,Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2260
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Hot Tub/Spa, Laminate, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wall to Wall Carpet, Water Heater
  • Living Area: 2260
  • Main Level Bathrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2260
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Trash Compactor,Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Mountain(s), See Remarks, Sound, Strait, Territorial
  • View: Yes
  • Waterfront: No
  • Direction Faces: Southwest
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Shared Well
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump
  • Heating Yn: Yes
  • WaterHeaterLocation: Under Stairs
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 3375
  • Association Fee Frequency: Annually
  • Association: Yes
  • Common Interest: Residential

Schools

  • Junior High Dist: Stanwood-Camano

Lot Info

  • Parcel Number: S619200000120
  • Topography: Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Hot Tub/Spa,Propane,Shop
  • MLSLotSizeSource: County records
  • MLSSquareFootageSource: County Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7613

Multi Family

  • EnergySource: Electric,Propane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Oct 14, 2024
Sold by
Formo Susan S and Formo Jason
Bought by
Konstad Revocable Trust and Konstad
Seller's Agent
Cullen Brain
Coldwell Banker Bain
Buyer's Agent
Ghazal Salehi
Designed Realty
List Price
$1,075,000
Sold Price
$1,005,000
Premium/Discount to List
-$70,000
-6.51%
Views
101
Current Estimated Value
$1,072,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,154
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Sep 26, 2018
Sold by
Formo Susan S
Bought by
Formo Susan S

Purchase Details

Listed on
May 22, 2014
Closed on
Jun 5, 2015
Sold by
Durus Patricia A
Bought by
Formo David A and Formo Susan S
Seller's Agent
Dianna Pence
Windermere Real Estate/CIR
Buyer's Agent
Tamara Matthews
Windermere Real Estate/CIR
List Price
$639,000
Sold Price
$500,000
Premium/Discount to List
-$139,000
-21.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$400,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2010
Sold by
Duruz Patricia A
Bought by
Duruz Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,005,000 Rainier Title Company
Special Warranty Deed -- None Available
Warranty Deed $500,000 Land Title & Escrow Of Islan
Interfamily Deed Transfer -- Land Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $140,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2024 11/04/24 Sold $1,005,000 -6.5% $445 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $1,075,000 0.0% $476 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $1,075,000 +115.0% $476 / Sq Ft
06/15/2015 06/15/15 Sold $500,000 -8.9% $198 / Sq Ft View Prior Sale
05/11/2015 05/11/15 Pending -- -- --
04/15/2015 04/15/15 Price Changed $549,000 -5.2% $217 / Sq Ft
11/22/2014 11/22/14 Price Changed $579,000 -3.3% $229 / Sq Ft
08/12/2014 08/12/14 Price Changed $599,000 -6.3% $237 / Sq Ft
05/23/2014 05/23/14 For Sale $639,000 -- $253 / 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 $7,613 $992,838 $525,000 $467,838
2023 $7,613 $998,817 $525,000 $473,817
2022 $6,470 $859,470 $425,000 $434,470
2021 $5,896 $701,870 $375,000 $326,870
2020 $5,675 $619,072 $300,000 $319,072
2019 $4,951 $588,393 $350,000 $238,393
2018 $5,098 $514,146 $275,000 $239,146
2017 $4,149 $490,650 $250,000 $240,650
2016 $4,103 $443,657 $200,000 $243,657
2015 -- $421,887 $200,000 $221,887
2013 -- $441,501 $210,917 $230,584
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2223586

Northwest Multiple Listing Service (NWMLS)

APN: S6192-00-00012-0