NOT LISTED FOR SALE

43 W Alder St Port Ludlow, WA 98365

Estimated Value: $181,000 - $263,000

0.58 Acre
$382,759 Price per Acre
25,265 Sq Ft Lot

Last Sold August 25, 2022

Last sale price $255,000

Est. 13% decrease in value since last sale

Current estimated payment $1,303/month

32 Days on Market

Highlights

  • Waterfront Community
  • Bay View
  • Level Lot
  • Community Boat Launch
  • Clubhouse

About This Lot

As of August 2022

Four view lots in Paradise Bay with a gorgeous Mount Baker and Hood Canal view. The property features 2 driveways, 2 RV pads, two outbuildings, two 50 amp power hook ups and one 30 amp plug in. The hard work has been done with a 2-bedroom septic system already installed and PUD water. Plenty of opportunity for building, or keeping as-is with three recreational vehicle sites. A terrific location just across the Hood Canal Bridge that offers tons of recreation and leisure with a championship golf course and marina close by at Port Ludlow. Ownership comes with use of a community beach and boat launch. Kayaking, fishing, crabbing, or whatever floats your boat on the beautiful Hood Canal.

Last Listed By

Tim Thompson

The Agency Bainbridge Island License #96537 Listed on: 07/20/2022

The Agency Bainbridge Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1965416

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $823

Year Built

  • 1994

Lot Details

  • 0.58 Acre Lot
  • Level Lot
  • Zoning described as RR-5

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • Bay
  • Canal
  • Mountain

Utilities

  • Septic Design Applied
  • Septic Design Installed
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 3,4,5,6 / 8
  • Assessor Parcel Number 983400806

Community Details

Overview

  • Association fees include common area maintenance
  • Paradise Bay Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community

Property Details

Property Type

Land

Est. Annual Taxes

$823

Year Built

1994

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: See Remarks,Unknown
  • Improvements: Cabin,Outbuilding(s)
  • LevelComment: Level lot with gentle slope to the East
  • Special Features: None
  • Year Built (Public Record): 1994
  • Cumulative Days on Market: 1,012

Interior Features

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

Exterior Features

  • View: Bay, Canal, Mountain(s)
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • RoadOnWhichSide: North
  • WaterJurisdiction: Water Dist No 1 of Jefferson County

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: On Property, See Remarks
  • Electricity On Property: Yes
  • Utilities: Common Area Maintenance, Electricity Connected, Septic Design Installed, Septic Design Applied
  • ElectricityStatus: On Property
  • GasStatus: Not Available
  • SepticDesignApplied: true
  • SepticDesignInstalled: true

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Club House, Community Waterfront/Pvt Beach
  • Senior Community: No
  • Association Fee: 40
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Junior High Dist: Chimacum #49
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 983400806
  • Topography: Level
  • Lot Size Acres: 0.58
  • Lot Size Sq Ft: 25264
  • Zoning Description: RR-5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 3,4,5,6
  • PublicLandSurvey: 22/28n/1E

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 823
  • AdditionalTaxIds: 983400803,983400804,983400805

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 23, 2022
Sold by
Carter and Diane
Bought by
Mckenna Judith and Donovan Arnold
Seller's Agent
Tim Thompson
The Agency Bainbridge Island
Buyer's Agent
Lisa Troupe
Muljat Group
List Price
$289,000
Sold Price
$255,000
Premium/Discount to List
-$34,000
-11.76%
Total Days on Market
32
Current Estimated Value
$222,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,000
Avg. Annual Appreciation
-4.86%

Purchase Details

Closed on
May 23, 2018
Sold by
Smith Luann M
Bought by
Carter Joe and Carter Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 1, 2016
Sold by
Miller Patrick P and Miller Pamela I
Bought by
Smith Luann M

Range of Values:

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Average Value
Not Available
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
Mckenna Judith -- First American Title
Carter Joe $75,000 First American Title
Smith Luann M $65,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Joe $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $255,000 -5.2% --
08/21/2022 08/21/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $269,000 -6.9% --
07/20/2022 07/20/22 For Sale $289,000 -- --
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
2023 $830 $96,414 $63,500 $32,914
2022 $449 $91,414 $58,500 $32,914
2021 $470 $41,733 $28,200 $13,533
2020 $443 $41,733 $28,200 $13,533
2019 $423 $37,822 $25,850 $11,972
2018 $438 $36,126 $24,675 $11,451
2017 $428 $33,910 $23,500 $10,410
2016 $386 $33,910 $23,500 $10,410
2015 $377 $32,564 $21,500 $11,064
2014 -- $32,564 $21,500 $11,064
2013 -- $32,565 $21,500 $11,065
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1965416

Northwest Multiple Listing Service (NWMLS)

APN: 983400806