NOT LISTED FOR SALE

388 Cornet Bay Rd Oak Harbor, WA 98277

Estimated Value: $885,946 - $1,019,000

3 Beds
3 Baths
2,714 Sq Ft
$354/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $500,000 $184 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,486/month

127 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Bay View
  • Northwest Architecture
  • RV Access or Parking
  • Deck
  • Wood Flooring

About This Home

As of September 2015

Exquisite low bank home located in Cornet Bay next to Deception Pass State Park/ 2 min. from the marina. Main floor has Mstr bdrm w/ensuite and walk-in closet & Lvg Rm w/wood FP & custom built-in shelves. Two bonus rooms for library/office/hobby. Cherry floors & Gas FP in lower great rm. Both levels have decks w/water views. Enjoy large patio w/fire pit for outdoor entertaining.Large storage room. Dual water heaters/heat pump both heat & A/C allowing for year round comfort. Upgraded Septic.

Last Agent to Sell the Property

Lori Reece

RE/MAX Whatcom County, Inc. License #14060 Listed on: 04/08/2015

RE/MAX Whatcom County, Inc.

Last Buyer's Agent

Melanie Archuleta

WMC License #103271

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM765620

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 1995

Lot Details

  • Low Bank Waterfront Property
  • Terraced Lot
  • Garden
  • Property is zoned County

Home Design

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

Interior Spaces

  • 2 Fireplaces
  • Bay Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • North Whidbey Community

Listing and Financial Details

  • Assessor Parcel Number 280681

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,524

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Homebuilder: Allen
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Laminate
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 3.00
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2814
  • Square Footage Finished: 2714

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay
  • Waterfront: Bank-Low
  • Waterfront Frontage: 175

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Heater: Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: North Whidbey

Schools

  • School District: OH

Lot Info

  • Lot Number: 3,4, part of 5
  • Lot Details: Paved Street
  • Lot Dimensions: 218x298x175x210
  • Lot Sq Ft: 42253
  • Lot Topography Vegetation: Garden Space, Partial Slope, Terraces
  • Parcel Number: 280681
  • Zoning Code: County
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Partial Slope, Terraces

Tax Info

  • Tax Amount: 4997

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Sep 8, 2015
Sold by
Casad Anthony Merle and Casad Judith
Bought by
White Thomas E and White Ellen Marie Morley
Seller's Agent
Lori Reece
RE/MAX Whatcom County, Inc.
Buyer's Agent
Melanie Archuleta
WMC
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Current Estimated Value
$960,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,237
Avg. Annual Appreciation
6.65%
Original Mortgage
$475,000
Outstanding Balance
$372,054
Interest Rate
3.91%
Mortgage Type
VA
Estimated Equity
$588,183
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
White Thomas E $500,000 First Amer Title Island Cnty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Thomas E $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $500,000 -8.9% $184 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $549,000 -- $202 / 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 $5,524 $778,804 $345,000 $433,804
2024 $5,427 $784,420 $345,000 $439,420
2023 $5,427 $775,036 $330,000 $445,036
2022 $5,205 $697,901 $300,000 $397,901
2021 $5,136 $505,430 $155,000 $350,430
2020 $4,755 $497,374 $155,000 $342,374
2019 $4,360 $464,002 $200,000 $264,002
2018 $4,947 $464,816 $200,000 $264,816
2017 $4,657 $466,440 $200,000 $266,440
2016 $4,321 $469,766 $200,000 $269,766
2015 -- $420,187 $200,000 $220,187
2013 -- $449,097 $223,336 $225,761
Source: Public Records

Agents Affiliated with this Home

  • Lori Reece

    Seller's Agent in 2015

    Lori Reece

    RE/MAX Whatcom County

    (360) 739-1001

    3 Total Sales

    Lori Reece
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM765620

Northwest Multiple Listing Service (NWMLS)

APN: S6365-00-00003-0

Washington Island County Oak Harbor 98277

388 Cornet Bay Rd, Oak Harbor, WA

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Based on information submitted to the MLS GRID

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