NOT LISTED FOR SALE

40 W Spruce St Port Ludlow, WA 98365

Estimated Value: $448,000 - $522,000

1 Bed
1 Bath
1,072 Sq Ft
$447/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $375,000 $350 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,776/month

32 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Deck
  • Views of a Sound
  • Clubhouse
  • Bamboo Flooring

About This Home

As of September 2021

Welcome to Paradise Bay, it's a small quiet community with a private beach and boat launch. This is a 1 bedroom, 2 bathroom house, with a bonus room. The upstairs bedroom has a partial view of the beautiful water and mountains. Relax in your jetted tub in the shower that heats the water as you soak. The bonus room on the main level could be used as a bedroom, office or living room. It also has a partial water and mountain view. The main floor has radiant heat under the tile flooring that is supplied by a separate water heater. The back yard has some large Cherry Blossom trees and a outbuilding for storage.

Last Agent to Sell the Property

Ethan Lawson

Better Properties Gig Harbor License #123665 Listed on: 07/15/2021

Better Properties Gig Harbor

Last Buyer's Agent

Ethan Lawson

Better Properties Gig Harbor License #123665 Listed on: 07/15/2021

Better Properties Gig Harbor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1805104

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,776

Year Built

  • Built in 2006

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Property is zoned RR-5

Property Views

  • Views of a Sound
  • Mountain
  • Territorial
  • Limited

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material
  • Wood Composite

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 983400810

Community Details

Recreation

  • Community Boat Launch
  • Waterfront Community

Additional Features

  • Paradise Bay Community
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,776

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Jetted Tub
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 1
  • Bedrooms: 1.00
  • Bathrooms: 1.75
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1072
  • Square Footage Finished: 1072

Exterior Features

  • Exterior: Metal/Vinyl, Wood, Wood Products
  • Foundation: Poured Concrete, Slab
  • Roof: Composition
  • View: Mountain, Partial, Sound, Territorial

Garage/Parking

  • Parking Type: K

Utilities

  • Heating And Cooling: Radiant, Wall
  • Power Company: PUD
  • Septic Approved for Number of Bedrooms: 1
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: PUD
  • Water Heater: Closet-Electric
  • Water Source: Community, Public

Condo/Co-op/Association

  • HOA Fees: 3
  • Community Name: Paradise Bay
  • Project: Paradise Bay Estates
  • Community Features: Boat Launch, Clubhouse, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Chimacum Mid
  • High School: Chimacum High
  • School District: CHI

Lot Info

  • Lot Number: 10
  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: 49 x 99
  • Lot Sq Ft: 4792
  • Lot Topography Vegetation: Level
  • Parcel Number: 983400810
  • Zoning Code: RR-5
  • Zoning Jurisdiction: County
  • Lot Topography: Level

Tax Info

  • Tax Amount: 1536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 23, 2021
Sold by
Chesledon Joseph John
Bought by
Hannon Anna Chalice and Hannon Christopher King
Seller's Agent
Ethan Lawson
Better Properties Gig Harbor
Buyer's Agent
Ethan Lawson
Better Properties Gig Harbor
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Total Days on Market
32
Current Estimated Value
$479,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,528
Avg. Annual Appreciation
8.04%
Original Mortgage
$14,503
Outstanding Balance
$13,453
Interest Rate
2.8%
Mortgage Type
Unknown
Estimated Equity
$486,112

Purchase Details

Closed on
Feb 24, 2015
Sold by
Chesledon Charles Joseph
Bought by
Chesledon Joseph John

Purchase Details

Closed on
May 15, 2013
Sold by
Chesledon Joseph John
Bought by
Chesledon Charles Joseph and Chesledon Joseph
Source: Public Records

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Range of Values:

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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
Hannon Anna Chalice $375,000 First Amer Ttl Of Jefferson
Chesledon Joseph John -- None Available
Chesledon Charles Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannon Anna C $14,503
Open Hannon Anna Chalice $362,598
Previous Owner Chesledon Joseph John $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $375,000 +2.7% $350 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/13/2021 08/13/21 Price Changed $365,000 -3.9% $340 / Sq Ft
08/05/2021 08/05/21 Price Changed $379,900 -5.0% $354 / Sq Ft
07/15/2021 07/15/21 For Sale $400,000 -- $373 / 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
2023 $2,776 $345,580 $74,500 $271,080
2022 $1,452 $340,580 $69,500 $271,080
2021 $1,536 $152,582 $39,000 $113,582
2020 $1,422 $152,582 $39,000 $113,582
2019 $1,352 $136,227 $35,750 $100,477
2018 $1,398 $130,233 $34,125 $96,108
2017 $1,364 $119,871 $32,500 $87,371
2016 $1,231 $119,871 $32,500 $87,371
2015 $1,212 $108,626 $17,500 $91,126
2014 -- $108,626 $17,500 $91,126
2013 -- $108,625 $17,500 $91,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1805104

Northwest Multiple Listing Service (NWMLS)

APN: 983400810