NOT LISTED FOR SALE

47 Orcutt Ln Lopez Island, WA 98261

Estimated Value: $2,131,000

2 Beds
1 Bath
528 Sq Ft
$4,036/Sq Ft Est. Value

Last Sold July 20, 2016

Last sale price $382,000 $723 Per Sq Ft

Est. 458% increase in value since last sale

Current estimated payment $12,328/month

425 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • 1 Fireplace
  • Partially Fenced Property
  • Deck
  • Tideland Water Rights
  • Level Lot

About This Home

As of July 2016

CABIN SITS ON A SUNNY LOT with approx 255’ of no bank waterfront & tidelands facing the interior of delightful Fisherman Bay. Excellent crabbing & kayaking off your private beach. Add a buoy & moor your boat. Boat ramp, launch & marinas are just across the bay. Otis Perkins Beach & Landbank beach are nearby. Adjoining uphill acreage is also available.

Last Agent to Sell the Property

Jim Gorton

Windermere Lopez Island Listed on: 03/09/2015

Last Buyer's Agent

Jim Gorton

Windermere Lopez Island Listed on: 03/09/2015

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM756329

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,711

Year Built

  • Built in 1975

Lot Details

  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Bay Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Outbuilding

Utilities

  • Private Water Source
  • Shared Well
  • Septic System

Community Details

  • Lopez Island Community

Listing and Financial Details

  • Assessor Parcel Number 252250064

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,711

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Loft
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 528
  • Square Footage Finished: 528

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Block
  • Roof: Composition
  • View: Bay
  • Waterfront: Bay, No Bank, Tideland Rights
  • Waterfront Frontage: 255

Utilities

  • Heating And Cooling: Baseboard, Stove/Free Standing, Wall
  • Power Company: Opalco
  • Sewer: Septic
  • Water Source: Private, Shared Well

Condo/Co-op/Association

  • Community Name: Lopez Island

Schools

  • Elementary School: Lopez Elem
  • Middle School: Lopez Mid High
  • High School: Lopez Mid High
  • School District: LPZ

Lot Info

  • Lot Details: Dead End Street
  • Lot Dimensions: 39814
  • Lot Sq Ft: 39814
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 252250064
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 2761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2015
Closed on
Jul 11, 2016
Sold by
Radke Lawrence F
Bought by
Krumme Katherine
Seller's Agent
Jim Gorton
Windermere Lopez Island
Buyer's Agent
Jim Gorton
Windermere Lopez Island
List Price
$475,000
Sold Price
$382,000
Premium/Discount to List
-$93,000
-19.58%
Current Estimated Value
$2,131,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,749,000
Avg. Annual Appreciation
8.45%
Original Mortgage
$157,000
Outstanding Balance
$128,735
Interest Rate
3.6%
Mortgage Type
Seller Take Back
Estimated Equity
$666,932

Purchase Details

Closed on
Jan 2, 1974
Sold by
Gaupholm Emil O E
Bought by
Radke Larry F and Radke Molly M
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
Krumme Katherine $381,820 San Juan Title
Radke Larry F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krumme Katherine $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2016 07/20/16 Sold $382,000 -15.1% $723 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
03/09/2016 03/09/16 Price Changed $450,000 -5.3% $852 / Sq Ft
06/30/2015 06/30/15 For Sale $475,000 +24.3% $900 / Sq Ft
04/21/2015 04/21/15 Off Market $382,000 -- --
03/17/2015 03/17/15 For Sale $475,000 -- $900 / 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 $6,711 $1,133,480 $267,900 $865,580
2022 $4,572 $852,440 $267,950 $584,490
2021 $3,766 $576,970 $243,630 $333,340
2020 $3,458 $481,730 $221,470 $260,260
2019 $2,840 $445,060 $221,430 $223,630
2018 $2,461 $481,510 $363,770 $117,740
2017 $2,011 $293,580 $236,470 $57,110
2016 $1,692 $284,590 $253,410 $31,180
2015 $1,692 $285,150 $253,410 $31,740
2014 $1,692 $291,520 $253,460 $38,060
2012 $1,692 $270,000 $230,410 $39,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM756329

Northwest Multiple Listing Service (NWMLS)

APN: 252250-064-000