NOT LISTED FOR SALE

4954 Magellan Dr Freeland, WA 98249

Estimated Value: $735,000 - $1,370,000

2 Beds
3 Baths
1,858 Sq Ft
$507/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $348,000 $187 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $5,327/month

12 Days on Market

Highlights

  • Waterfront Community
  • Deck
  • Ceramic Tile Flooring
  • Views of a Sound
  • Attached Garage
  • Partially Fenced Property

About This Home

As of January 2017

Western exposure, natural light in abundance, sound and Olympic views: Gracious one-level home with open floor plan positioned on a large lot to take full advantage of the views. Backyard is fenced and offers a deck to enhance your viewing pleasure. Could be the perfect full-time residence or vacation retreat. Move-in ready and waiting for those special touches to make this house your home. Call for a list of updates and recent improvements. Community beach access nearby. Priced to sell!

Last Agent to Sell the Property

Bernadette Aguiar-Johnson

Windermere RE/South Whidbey License #8571 Listed on: 11/11/2016

Co-Listed By

Ann Muniz

Windermere RE/South Whidbey

Last Buyer's Agent

Wendy Oliver

Coldwell Banker Danforth License #5283

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1045161

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,001

Year Built

  • Built in 1995

Lot Details

  • Partially Fenced Property
  • Level Lot

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number S737504000040

Community Details

Overview

  • Freeland Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,001

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Estimated Sq Ft: 1858
  • Square Footage Finished: 1858

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Sound

Garage/Parking

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

Utilities

  • Heating And Cooling: Wall
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Company: Light House Shores
  • Water Heater: Garage-Electric
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Freeland
  • Project: Lighthouse Shores#4
  • Community Features: Ccrs, Community Waterfront/Pvt Beach

Schools

  • School District: SWI

Lot Info

  • Lot Number: 3,4,5,9
  • Lot Details: Paved Street
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 15900
  • Lot Topography Vegetation: Level
  • Parcel Number: S737504000040
  • Zoning Jurisdiction: County
  • Lot Topography: Level

Tax Info

  • Tax Amount: 2262

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Jan 20, 2017
Sold by
Newlon Michael C and Newlon Carol S
Bought by
Raines Karen I
Seller's Agent
Bernadette Aguiar-Johnson
Windermere RE/South Whidbey
Buyer's Agent
Wendy Oliver
Coldwell Banker Danforth
List Price
$350,000
Sold Price
$348,000
Premium/Discount to List
-$2,000
-0.57%
Current Estimated Value
$941,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,112
Avg. Annual Appreciation
11.83%
Original Mortgage
$278,400
Outstanding Balance
$230,607
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$678,413

Purchase Details

Closed on
Oct 13, 2003
Sold by
Gormley Donald W and Gormley Frances A
Bought by
Newlon Michael C and Newlon Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Raines Karen I -- Premier Title Of Island
Newlon Michael C $276,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raines Karen I $278,400
Previous Owner Newlon Michael C $220,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $348,000 -0.6% $187 / Sq Ft
11/24/2016 11/24/16 Pending -- -- --
11/11/2016 11/11/16 For Sale $350,000 -- $188 / 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
2024 $4,001 $607,247 $260,000 $347,247
2023 $4,001 $611,576 $260,000 $351,576
2022 $3,606 $532,275 $210,000 $322,275
2021 $3,480 $453,658 $170,000 $283,658
2020 $3,071 $445,851 $170,000 $275,851
2019 $2,714 $403,426 $200,000 $203,426
2018 $2,937 $354,023 $150,000 $204,023
2017 $2,175 $355,217 $150,000 $205,217
2016 $2,262 $287,253 $100,000 $187,253
2015 -- $289,653 $100,000 $189,653
2013 -- $280,563 $85,000 $195,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1045161

Northwest Multiple Listing Service (NWMLS)

APN: S7375-04-00004-0