Listed by COMPASS, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $1,615,000 - $3,015,000

2 Beds
3.5 Baths
3,525 Sq Ft
$550/mo HOA Fee

Last Sold March 28, 2022

Last sale price $2,700,000 $766 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $14,623/month

Highlights

  • Ocean View
  • Unit is on the top floor
  • Property is near public transit
  • Fairhaven Middle School Rated A-
  • Penthouse
  • 2-minute walk to Boulevard Park

About This Home

As of March 2022

At water's edge and irreplaceable living! Rare opportunity and one-of-a-kind luxury home. Park Place Residences designed by a notable architect with concrete/steel construction. West-facing 18 foot floor to ceiling windows welcome you to enjoy the sweeping views and beauty of the PNW. Your private gated entry opens to your dramatic atrium leading to your front door. Impeccably-curated with luxury and sophistication in mind. Magazine worthy kitchen. Entertaining spaces inside and out. Elevator-ready. Lavish primary suite with covered deck. Radiant floors throughout. Private 2-car garage. Steps away from Boulevard Park and Trails. Easy stroll to historic Fairhaven with shops and restaurants. Lengthy upgrade list available. Here’s your chance!

Last Agent to Sell the Property

Michelle Harrington

COMPASS License #24000382 Listed on: 03/02/2022

COMPASS

Last Buyer's Agent

Kyle Van Der Velde

eXp Realty License #118901

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1892861

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,683

Year Built

  • Built in 2009

Lot Details

  • End Unit
  • Northwest Facing Home
  • Sprinkler System

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • City
  • Mountain
  • Territorial

Home Design

  • Penthouse
  • Modern Architecture
  • Flat Roof Shape

Interior Spaces

  • 3,525 Sq Ft Home
  • 4-Story Property
  • 1 Fireplace
  • Insulated Windows
  • French Doors
  • Alarm System

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Gas Dryer
  • Washer

Parking

  • 3 Car Garage
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Lowell Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3702011144770001

Community Details

Overview

  • Association fees include common area maintenance, lawn service
  • 4 Units
  • Bill Miller Association
  • Secondary HOA Phone (425) 233-7045
  • Park Place Residences Condos
  • South Hill Subdivision
  • Park Phone (360) 733-0956 | Manager Jan Bowman & Associates, Inc.

Recreation

  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,683

Year Built

Built in 2009

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 34 - Condo (3 Levels)
  • Year Built: 2009
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Park Place Residences
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 3525
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,End Unit,French Doors,Insulated Windows,Jetted/Soaking Tub,Penthouse,Primary Bath,Sprinkler System,Top Floor,Walk-in Closet
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Travertine, Carpet
  • Interior Amenities: Hot Water Recirc Pump, Tankless Water Heater, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Gas, Ice Maker, Washer, Water Heater
  • Stories: 4
  • Bathrooms: 3
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • WindowCoverings: Shades

Exterior Features

  • Roof: Flat
  • View: Bay, City, Mountain(s), Ocean, Sound, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Northwest
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Steel & Concrete
  • ViewFrom: Unit
  • BusRouteNumber: WTA 1

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Off Street, Uncovered
  • Total Parking Spaces: 3
  • ParkingSpaceNumbers: n/a

Utilities

  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: Hot Water Recirc Pump,Radiant,Tankless Water Heater
  • ApplianceHookups: Cooking-Gas,Dryer-Gas,Ice Maker,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas Tankless

Condo/Co-op/Association

  • Community Features: Fire Sprinklers, Trail(s)
  • Park Manager Name: Jan Bowman & Associates, Inc.
  • Park Manager Phone: 360-733-0956
  • Senior Community: No
  • Association Fee: 550
  • Association Fee Frequency: Monthly
  • Phone: 425-233-7045
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Bill Miller
  • CommonPropertyFeatures: Fire Sprinklers,Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 3702011144770001
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 12683

Multi Family

  • Number Of Units In Community: 4
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Lowell Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2022
Sold by
George Rucker Thomas and Clare Elizabeth
Bought by
Rucker Living Trust
Current Estimated Value
$2,368,137

Purchase Details

Listed on
Mar 2, 2022
Closed on
May 11, 2022
Sold by
Rucker Living Trust
Bought by
Rucker Thomas George and Patterson Elizabeth Clare
Seller's Agent
Michelle Harrington
COMPASS
Buyer's Agent
Kyle Van Der Velde
eXp Realty
List Price
$2,685,000
Sold Price
$2,700,000
Premium/Discount to List
$15,000
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.42%
Original Mortgage
$1,700,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 21, 2022
Sold by
Miller William D and Miller Elizabeth A
Bought by
Rucker Living Trust
Seller's Agent
Michelle Harrington
COMPASS
Buyer's Agent
Kyle Van Der Velde
eXp Realty
List Price
$2,685,000
Sold Price
$2,700,000
Premium/Discount to List
$15,000
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Whidbey Island Bank
Bought by
Miller William D and Lee Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2009
Sold by
Frank & Madelyn Thomas Family Llc
Bought by
Whidbey Island Bank

Purchase Details

Closed on
Aug 19, 2005
Sold by
Thomas Frank E and Thomas Madelyn S
Bought by
F & M Thomas Llc

Purchase Details

Closed on
Jan 1, 1998
Sold by
Thomas Frank E and Thomas Madelyn S
Bought by
Frank & Madelyn Thomas Family Llc
Source: Public Records

Range of Values:

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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
Rucker Living Trust -- Priority Title And Escrow
Rucker Thomas George -- None Listed On Document
Rucker Living Trust $2,700,000 Chicago Title
Miller William D $1,100,280 First American Title Ins
Whidbey Island Bank $2,830,000 First American Title Insuran
F & M Thomas Llc -- --
Thomas Frank E -- --
Frank & Madelyn Thomas Family Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rucker Thomas George $1,700,000
Previous Owner Miller William D $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $2,700,000 +0.6% $766 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $2,685,000 -- $762 / 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 $15,228 $1,957,879 $465,658 $1,492,221
2023 $15,228 $1,957,879 $465,658 $1,492,221
2022 $13,468 $1,702,463 $404,910 $1,297,553
2021 $12,683 $1,442,769 $343,145 $1,099,624
2020 $12,101 $1,254,531 $298,375 $956,156
2019 $11,045 $1,156,250 $275,000 $881,250
2018 $11,600 $1,058,280 $260,040 $798,240
2017 $10,623 $954,100 $234,400 $719,700
2016 $9,818 $912,100 $228,400 $683,700
2015 $9,244 $878,200 $219,400 $658,800
2014 -- $800,000 $200,000 $600,000
2013 -- $800,000 $200,000 $600,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1892861

Northwest Multiple Listing Service (NWMLS)

APN: 370201-114477-0001