NOT LISTED FOR SALE

502 Westpark Ln Lopez Island, WA 98261

Estimated Value: $999,797 - $1,972,000

3 Beds
1 Bath
2,344 Sq Ft
$644/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $850,000 $363 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $8,703/month

Highlights

  • Bay View
  • 1 Fireplace
  • Wood Siding
  • Wood Flooring

About This Home

As of March 2019

Nicely built, needs some finishing touches

Last Buyer's Agent

Heidi Hernandez

Windermere RE/Lopez Island License #123107

Windermere RE/Lopez Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1432451

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,997

Year Built

  • Built in 2006

Lot Details

  • Sloped Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Bay Views
  • Natural lighting in basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Utilities

  • Well
  • Septic System

Community Details

  • Lopez Island Community

Listing and Financial Details

  • Assessor Parcel Number 251244010000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,997

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2344
  • Square Footage Finished: 2344

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay

Utilities

  • Sewer: Septic
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Lopez Island

Schools

  • School District: LPZ

Lot Info

  • Lot Sq Ft: 220414
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 251244010000
  • Zoning Jurisdiction: County
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 4385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Lopez Driftwood Llc
Bought by
Richard Strachan Revocable Trust and Strachan
Current Estimated Value
$1,508,449

Purchase Details

Closed on
Apr 10, 2021
Sold by
Strachan Richard
Bought by
Richard Strachan Revocable Trust and Strachan

Purchase Details

Listed on
Mar 29, 2019
Closed on
Mar 20, 2019
Sold by
Wallace David J and Wallace Carole
Bought by
Strachan Richard
Buyer's Agent
Heidi Hernandez
Windermere RE/Lopez Island
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Mcffe Don D and Mcffe Kathleen M
Bought by
Wallace Davdi J and Wallace Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richard Strachan Revocable Trust -- None Listed On Document
Richard Strachan Revocable Trust -- None Listed On Document
Lopez Driftwood Llc -- None Available
Strachan Richard $850,000 San Juan Title
Wallace Davdi J $100,107 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Carole A $423,000
Previous Owner Wallace Davdi J $306,000
Previous Owner Wallace David J $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $850,000 0.0% $363 / Sq Ft
03/29/2019 03/29/19 For Sale $850,000 -- $363 / 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 $5,997 $907,230 $257,390 $649,840
2023 $5,997 $1,005,300 $349,620 $655,680
2022 $5,239 $813,700 $269,930 $543,770
2021 $4,929 $661,430 $179,950 $481,480
2020 $4,763 $631,250 $179,950 $451,300
2019 $3,878 $614,710 $179,950 $434,760
2018 $4,385 $826,460 $498,110 $328,350
2017 $3,209 $525,190 $185,250 $339,940
2016 $2,690 $455,130 $195,000 $260,130
2015 $2,690 $462,980 $195,000 $267,980
2014 $2,690 $477,810 $195,000 $282,810
2012 $2,690 $465,290 $195,000 $270,290
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1432451

Northwest Multiple Listing Service (NWMLS)

APN: 251244-010-000