NOT LISTED FOR SALE

501 E 2nd St Unit 505 Port Angeles, WA 98362

Estimated Value: $378,000

2 Beds
1 Bath
942 Sq Ft
$401/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $370,000 $393 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,307/month

9 Days on Market

Highlights

  • Sauna
  • Territorial View
  • No HOA
  • Fruit Trees
  • Wood Flooring
  • 3-minute walk to Jessie Webster Park

About This Home

As of November 2024

Discover a chic sanctuary in the heart of the city that was fully re-crafted in 2018. It feels like a stylish brand new home with new: lifetime guaranteed windows, bathroom, open concept kitchen with new appliances and new duel ductless heat pump in living room and bedrooms. With new wiring and new plumbing, it is ready to go. The house has a clawfoot tub with shower, Laundry room with washer and dryer included. A charming front porch adds to the curb appeal. Its' 942 square ft. is beautiful, economical to heat, and easy to maintain. Cedar fenced private backyard provides a protected area in the back for pets and BBQ's. and a detached workshop AND a 2 person sauna in the small outbuilding. Off alley parking for at least 3 cars.

Last Agent to Sell the Property

Amy Powell

BrokersGroup R.E.Professionals License #104656 Listed on: 10/08/2024

BrokersGroup R.E.Professionals

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2298660

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1925

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • South Facing Home
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in very good condition
  • Zoning described as P-CA

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Sauna
  • Territorial Views

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Additional Features

  • Outbuilding
  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association
  • Central East Port Angeles Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,337

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1925
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 942
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2298660?w=Consumer&agent=90158
  • Special Features: None
  • Cumulative Days on Market: 222

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Hardwood, Laminate, Sauna, Wall to Wall Carpet
  • Living Area: 942
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 942
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: City of PA
  • SewerCompany: City of PA
  • WaterCompany: City of PA

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Port Angeles

Lot Info

  • Parcel Number: 063000512745
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1607
  • Lot Size: 50 x 140
  • Lot Size Sq Ft: 7000
  • Zoning Description: P-CA
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings
  • MLSLotSizeSource: county
  • MLSSquareFootageSource: county
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2337

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Nov 13, 2024
Sold by
Cottingham Edward W and Cottingham Margaret B
Bought by
Spatz Peter
Seller's Agent
Amy Powell
BrokersGroup R.E.Professionals
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Views
23
Current Estimated Value
$378,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,000
Avg. Annual Appreciation
3.24%
Original Mortgage
$296,000
Outstanding Balance
$294,545
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$83,455
Source: Public Records

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
Spatz Peter $370,000 Horizon Title Group
Spatz Peter $370,000 Horizon Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spatz Peter $296,000
Closed Spatz Peter $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $370,000 -3.9% $393 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $385,000 +94.4% $409 / Sq Ft
01/26/2018 01/26/18 Sold $198,000 0.0% $210 / Sq Ft
12/18/2017 12/18/17 Price Changed $198,000 -5.7% $210 / Sq Ft
11/29/2017 11/29/17 For Sale $210,000 +197.9% $223 / Sq Ft
04/28/2017 04/28/17 Sold $70,500 +0.8% $75 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $69,950 0.0% $74 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $69,950 -- $74 / 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
2025 $2,570 $238,813 $55,000 $183,813
2023 $2,570 $272,123 $60,500 $211,623
2022 $2,577 $247,908 $55,000 $192,908
2021 $2,483 $219,578 $70,000 $149,578
2020 $2,061 $195,020 $70,000 $125,020
2018 $1,732 $161,417 $62,720 $98,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2298660

Northwest Multiple Listing Service (NWMLS)

APN: 84630