Listed by John L. Scott Ocean Shores, Bought with John L. Scott Ocean Shores
NOT LISTED FOR SALE

358 Otsego St SW Ocean Shores, WA 98569

Estimated Value: $451,000 - $576,000

3 Beds
2 Baths
1,440 Sq Ft
$359/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $539,000 $374 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,007/month

15 Days on Market

Highlights

  • Airport or Runway
  • Low Bank Waterfront Property
  • Community Boat Launch
  • Airstrip
  • Golf Course Community
  • New Construction

About This Home

As of February 2024

PRICE REDUCTION -- BRAND NEW CANAL FRONT -- Nearly complete beautifully detailed 3 bedroom, 2 bath home right around the corner from the ocean beach access and downtown shopping. This custom home features stainless steel appliances, gas/propane range, pot-filler faucet, granite waterfall counters, under cabinet lighting, whole house water filter system, tankless water heater, stone fireplace surround, mini-split air and heat, beautiful luxury laminate flooring, tiled master shower, flush baseboards, Hardie-board paneled exterior. Spacious outdoor deck on the fresh-water canal, Ideal setting for canoes, kayaks and boats.

Last Agent to Sell the Property

Thorn Ward

John L. Scott Ocean Shores License #13429 Listed on: 12/13/2023

John L. Scott Ocean Shores

Last Buyer's Agent

Kimberly Colegrove

John L. Scott Ocean Shores License #135361

John L. Scott Ocean Shores

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2185693

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 68x150x51x150
  • Low Bank Waterfront Property
  • 68 Feet of Waterfront
  • Street terminates at a dead end
  • South Facing Home
  • Brush Vegetation
  • Level Lot
  • Dunes
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Canal Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Airstrip
  • Canal Access
  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Ocean Shores Elementary School
  • North Beach Mid Middle School
  • North Beach High School

Utilities

  • Ductless Heating Or Cooling System
  • Propane
  • Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Built by Ben Dunca
  • Ocean Shores Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Airport or Runway
  • Clubhouse

Recreation

  • Community Boat Launch
  • Golf Course Community
  • Sport Court
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,618

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2023
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: 11
  • Unit Levels: One
  • New Construction: Yes
  • CalculatedSquareFootage: 1440
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • EstimatedCompletionDate: 2024-01-15
  • NewConstruction: Completed
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2185693?w=Consumer&agent=7088
  • Special Features: NewHome

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Double Pane/Storm Window, Vaulted Ceiling(s), Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 1440
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 1440
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Canal
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Canal Access
  • Waterfront: Yes
  • Builder Name: Ben Dunca
  • Direction Faces: South
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 68
  • WaterAccess: Deeded Access

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: city
  • WaterCompany: city
  • WaterHeaterLocation: garage
  • WaterHeaterType: tankless gas

Condo/Co-op/Association

  • Community Features: Airfield, Athletic Court, Boat Launch, CCRs, Club House, Golf, Park, Playground, Trail(s)
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Beach
  • High School: North Beach High
  • Middle Or Junior School: North Beach Mid

Lot Info

  • Parcel Number: 092300053600
  • Topography: Dune,Level
  • Land Lease: No
  • Lot Size Acres: 0.2066
  • Lot Size: 68x150x51x150
  • Lot Size Sq Ft: 9000
  • Zoning Description: R-1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Propane
  • MLSLotSizeSource: plat
  • MLSSquareFootageSource: builder
  • ZoningJurisdiction: City
  • LotNumber: 536

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2618

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Ocean Shores Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Feb 12, 2024
Sold by
Dunca Benjamin
Bought by
Chapman Christopher T and Keithly-Chapman Diane M
Seller's Agent
Thorn Ward
John L. Scott Ocean Shores
Buyer's Agent
Kimberly Colegrove
John L. Scott Ocean Shores
List Price
$549,000
Sold Price
$539,000
Premium/Discount to List
-$10,000
-1.82%
Views
14
Current Estimated Value
$517,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,903
Avg. Annual Appreciation
1.27%
Original Mortgage
$431,200
Outstanding Balance
$425,673
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$124,439

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 9, 2019
Sold by
Warren Allen A
Bought by
Dunca Benjamin and Dunca Christina
Seller's Agent
William Stanley
Windermere R.E. Ocean Shores
Buyer's Agent
William Stanley
Windermere R.E. Ocean Shores
List Price
$53,000
Sold Price
$53,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.80%
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
Chapman Christopher T $539,000 None Listed On Document
Dunca Benjamin $53,000 Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Christopher T $431,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $539,000 -1.8% $374 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/13/2023 12/13/23 For Sale $549,000 +935.8% $381 / Sq Ft
09/13/2019 09/13/19 Sold $53,000 0.0% --
08/26/2019 08/26/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $53,000 -- --
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 $3,174 $501,320 $85,500 $415,820
2023 $3,126 $400,595 $129,400 $271,195
2022 $2,618 $309,746 $86,250 $223,496
2021 $587 $309,746 $86,250 $223,496
2020 $469 $56,875 $56,875 $0
2019 $386 $43,750 $43,750 $0
2018 $408 $35,000 $35,000 $0
2017 $417 $35,000 $35,000 $0
2016 $400 $35,000 $35,000 $0
2014 -- $35,000 $35,000 $0
2013 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2185693

Northwest Multiple Listing Service (NWMLS)

APN: 092300053600