NOT LISTED FOR SALE

398 Olympic View Ave NE Ocean Shores, WA 98569

Estimated Value: $96,000 - $280,000

0.21 Acre
$701,496 Price per Acre
9,000 Sq Ft Lot

Last Sold June 17, 2022

Last sale price $95,000

Est. 53% increase in value since last sale

Current estimated payment $839/month

216 Days on Market

Highlights

  • Airport or Runway
  • Golf Course Community
  • Bay View
  • Airstrip
  • Community Boat Launch
  • Clubhouse

About This Lot

As of June 2022

Gorgeous lot with views of the bay and the Cascade mountains when cleared. This property sits between the bay and our sleepy little airport. You will enjoy watching the occasional small plane take off and land, the tide rolling in and out, spotting wildlife, bird watching and our stunning sunrises. You can use the property to camp 90 days out of the year or build your bayview dream house. Close to downtown and everything our growing community has to offer.

Last Agent to Sell the Property

Mary Gordon

North Beach Realty OS LLC License #120137 Listed on: 10/08/2021

North Beach Realty OS LLC

Last Buyer's Agent

Mary Gordon

North Beach Realty OS LLC License #120137 Listed on: 10/08/2021

North Beach Realty OS LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1849675

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $238

Lot Details

  • 9,000 Sq Ft Lot
  • Zoning described as R1

Property Views

  • Bay
  • Territorial

Schools

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

Utilities

  • Sewer in Street

Listing and Financial Details

  • Legal Lot and Block 20 / 9
  • Assessor Parcel Number 094900902000

Community Details

Overview

  • Div 23 Condos
  • Ocean Shores Subdivision

Amenities

  • Airport or Runway
  • Clubhouse

Recreation

  • Community Boat Launch
  • Golf Course Community
  • Community Playground
  • Park
  • Airstrip

Property Details

Property Type

Land

Est. Annual Taxes

$238

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: DIV 23
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,382

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Bay, Territorial
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • WaterJurisdiction: City of Ocean Shores

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: Not Available

Condo/Co-op/Association

  • Community Features: Airfield, Boat Launch, Club House, Golf, Park, Playground
  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 094900902000
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 9000
  • Zoning Description: R1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 20

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 238

MLS Schools

  • Elementary School: Ocean Shores Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Jun 14, 2022
Sold by
Elly Siregar
Bought by
Howard And Micki Hall Living Trust
Seller's Agent
Mary Gordon
North Beach Realty OS LLC
Buyer's Agent
Mary Gordon
North Beach Realty OS LLC
List Price
$114,900
Sold Price
$95,000
Premium/Discount to List
-$19,900
-17.32%
Current Estimated Value
$144,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,929
Avg. Annual Appreciation
23.57%

Purchase Details

Closed on
Nov 9, 2006
Sold by
Wadi Rashid
Bought by
Wadi Rashid and Siregar Elly

Purchase Details

Closed on
Jul 14, 2006
Sold by
National Recreational Properties Of Ocea
Bought by
Wadi Rashid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,469
Interest Rate
6.76%
Mortgage Type
Seller Take Back
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
Howard And Micki Hall Living Trust -- Coast Title
Wadi Rashid -- None Available
Wadi Rashid $69,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wadi Rashid $68,469
Previous Owner National Recreational Properties Of Ocea $1,658,772
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $95,000 -17.3% --
05/12/2022 05/12/22 Pending -- -- --
10/08/2021 10/08/21 For Sale $114,900 -- --
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 $609 $96,250 $75,000 $21,250
2023 $471 $50,000 $50,000 $0
2022 $301 $35,660 $35,660 $0
2021 $238 $35,660 $35,660 $0
2020 $494 $23,000 $23,000 $0
2019 $441 $46,000 $46,000 $0
2018 $466 $40,000 $40,000 $0
2017 $375 $40,000 $40,000 $0
2016 $400 $31,500 $31,500 $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: 1849675

Northwest Multiple Listing Service (NWMLS)

APN: 094900902000