Listed by Windermere Whidbey Island, Bought with Windermere RE/South Whidbey
NOT LISTED FOR SALE

Estimated Value: $567,000 - $641,000

2 Beds
1 Bath
873 Sq Ft
$683/Sq Ft Est. Value

Last Sold March 07, 2018

Last sale price $280,000 $321 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,581/month

140 Days on Market

Highlights

  • Ocean View
  • Community Boat Launch
  • Wooded Lot
  • Coupeville Elementary School Rated A-
  • Deck
  • Softwood Flooring

About This Home

As of March 2018

Looking for an affordable, turnkey Whidbey Island getaway? This charming beach cabin has been updated to include new carpets, new cabinets/counters, refinished rustic wood floors, new bathroom w/tile shower & more. Large picture windows bring the west side water views right into your living room and with one of Whidbey's most popular beaches just steps away, you'll enjoy some of the best kayaking and salmon fishing around. This property has everything you need for that magical island escape.

Last Agent to Sell the Property

Jason Joiner, CCIM

Windermere Whidbey Island License #23848 Listed on: 09/20/2017

Windermere Whidbey Island

Last Buyer's Agent

Lynne Hunsaker

Windermere RE/South Whidbey License #130432

Windermere RE/South Whidbey

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1196385

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,085

Year Built

  • Built in 1951

Lot Details

  • Property fronts a saltwater canal
  • Terraced Lot
  • Wooded Lot
  • Property is zoned Rural Residential

Parking

  • Off-Street Parking

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Strait Views
  • Mountain
  • Limited

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Deck
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number S731000090230

Community Details

Overview

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

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,085

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw
  • Floor Covering: Fir/Softwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 873
  • Square Footage Finished: 873

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Post And Block
  • Roof: Composition
  • View: Bay, Mountain, Ocean, Partial, Sound, Strait
  • Waterfront: Canal, No Bank, Saltwater
  • Waterfront Frontage: 65

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Wall
  • Power Company: Puget Sound Energy
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Lagoon Point Water Co
  • Water Heater: electric
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Lagoon Point
  • Project: Lagoon Point
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Coupeville Elem
  • Middle School: Coupeville Mid
  • High School: Coupeville High
  • School District: CPV

Lot Info

  • Lot Number: 23
  • Lot Dimensions: 65x170
  • Lot Sq Ft: 10520
  • Lot Topography Vegetation: Sloped, Terraces, Wooded
  • Parcel Number: S731000090230
  • Zoning Code: Rural Residential
  • Zoning Jurisdiction: County
  • Lot Topography: Sloped, Terraces, Wooded

Tax Info

  • Tax Amount: 1402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Mar 2, 2018
Sold by
Congdon Jeanne R
Bought by
Peterson Jesse and Peterson Jammie
Seller's Agent
Jason Joiner, CCIM
Windermere Whidbey Island
Buyer's Agent
Lynne Hunsaker
Windermere RE/South Whidbey
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$595,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,969
Avg. Annual Appreciation
10.63%
Original Mortgage
$224,000
Outstanding Balance
$191,320
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$404,649

Purchase Details

Closed on
Oct 26, 2017
Sold by
Speaziale Vincent T and Speaziale Mary T
Bought by
Congdon Jeanne R

Purchase Details

Closed on
Aug 2, 2005
Sold by
Chan Christopher E and Chan Beverly M
Bought by
Congdon Jeanne R and Speziale Vincent T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac
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
Peterson Jesse $280,000 Premier Title Of Iald County
Congdon Jeanne R -- None Available
Congdon Jeanne R $235,000 Land Title Co Island Cnty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Jesse $224,000
Previous Owner Congdon Jeanne R $170,791
Previous Owner Congdon Jeanne R $188,000
Previous Owner Chan Christopher E $47,750
Previous Owner Chan Christopher E $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $280,000 -2.1% $321 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
01/02/2018 01/02/18 Price Changed $285,900 -4.7% $327 / Sq Ft
12/01/2017 12/01/17 For Sale $299,900 +7.1% $344 / Sq Ft
12/01/2017 12/01/17 Off Market $280,000 -- --
09/20/2017 09/20/17 For Sale $299,900 -- $344 / 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 $4,085 $513,593 $370,000 $143,593
2023 $4,085 $515,528 $370,000 $145,528
2022 $3,473 $493,525 $360,000 $133,525
2021 $3,256 $377,636 $260,000 $117,636
2020 $2,669 $374,687 $260,000 $114,687
2019 $2,479 $300,595 $220,000 $80,595
2018 $1,815 $270,848 $190,000 $80,848
2017 $1,402 $173,664 $120,000 $53,664
2016 $1,467 $144,530 $90,000 $54,530
2015 $1,341 $145,395 $90,000 $55,395
2013 -- $125,055 $85,000 $40,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1196385

Northwest Multiple Listing Service (NWMLS)

APN: S7310-00-09023-0