Seller's Agent in 2023
Mary Clure
Orcas Island Realty
(360) 961-7523
163 Total Sales
Listed by Orcas Island Realty, Bought with Orcas Island Realty
507 Cascade Way Eastsound, WA 98245
Estimated Value: $1,226,000 - $1,771,000
2
Beds
1
Bath
1,872
Sq Ft
$768/Sq Ft
Est. Value
Highlights
- Ocean View
- Second Kitchen
- Deck
- Orcas Island High School Rated A
- Fruit Trees
- Contemporary Architecture
About This Home
As of March 2023Pride of ownership abounds in 2 bed/1 bath main house w/loft and spacious storage. Guest apartment, office, 3 large garages and shop. Stunning year-round views, near Moran State Park trail head looking south over the Salish Sea. Vaulted, open beam ceilings. Custom-featured cherry cabinets, glass tile inlays, soapstone counter & double sink. Locally-milled knotty pine floors, hydronic baseboard heat w/propane boiler. 1000sf, 3-side ipe mahagony deck. Metal roof, cedar shake siding. 540sf apartment over garage w/full bath, kitchenette, on-demand hot water. 3-car garage w/warehouse, office, 1/2 bath, 200amp/220v. Fiber to all, Washington Water. Fenced irrigated (by catchment) gardens w/vineyard, fruit trees, native plants, pond.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1973855
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,788
Year Built
- Built in 2003
Lot Details
- 0.6 Acre Lot
- South Facing Home
- Terraced Lot
- Fruit Trees
- Wooded Lot
- Garden
- Property is in very good condition
Parking
- 3 Car Detached Garage
Property Views
- Ocean
- Views of a Sound
- Territorial
Home Design
- Contemporary Architecture
- Block Foundation
- Metal Roof
- Wood Siding
Interior Spaces
- 1,872 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Gas Fireplace
- French Doors
- Dining Room
- Loft
- Softwood Flooring
- Storm Windows
- Rough-In Basement
Kitchen
- Second Kitchen
- Oven or Range
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 1 Bathroom
Laundry
- Dryer
- Washer
Eco-Friendly Details
- Rain Water Catchment
Outdoor Features
- Deck
- Outbuilding
Additional Homes
- 540 SF Accessory Dwelling Unit
- ADU includes 1 Bedroom and 1 Bathroom
Utilities
- Propane
- Septic Tank
- High Speed Internet
Community Details
- No Home Owners Association
- Eastsound Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 173152006000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2022
Closed on
Mar 3, 2023
Sold by
Obrien Marian and Whitaker Keith
Bought by
Trust Agreement Of Steven G Groath and Groath
Seller's Agent
Mary Clure
Orcas Island Realty
Buyer's Agent
Asya Eberle
Orcas Island Realty
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,279
Avg. Annual Appreciation
4.25%
Original Mortgage
$1,040,000
Outstanding Balance
$1,008,520
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$428,759
Purchase Details
Closed on
May 26, 2006
Sold by
Renzelman Gary D and Renzelman Janine E
Bought by
Whitaker Keith and Obrien Marian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.24%
Mortgage Type
Negative Amortization
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trust Agreement Of Steven G Groath | $1,300,000 | Chicago Title | |
| Whitaker Keith | $670,000 | San Juan Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trust Agreement Of Steven G Groath | $1,040,000 | |
| Previous Owner | Whitaker Keith G | $75,000 | |
| Previous Owner | Obrien Marian | $506,437 | |
| Previous Owner | Whitaker Keith | $536,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2023 03/10/23 | Sold | $1,300,000 | -6.8% | $694 / Sq Ft |
| 01/25/2023 01/25/23 | Pending | -- | -- | -- |
| 10/05/2022 10/05/22 | For Sale | $1,395,000 | 0.0% | $745 / Sq Ft |
| 09/24/2022 09/24/22 | Pending | -- | -- | -- |
| 09/04/2022 09/04/22 | For Sale | $1,395,000 | -- | $745 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $7,801 | $1,452,320 | $220,000 | $1,232,320 |
| 2022 | $4,787 | $985,300 | $200,000 | $785,300 |
| 2021 | $4,733 | $638,720 | $102,000 | $536,720 |
| 2020 | $4,939 | $606,920 | $102,000 | $504,920 |
| 2019 | $5,673 | $617,660 | $102,000 | $515,660 |
| 2018 | $5,072 | $1,190,150 | $707,840 | $482,310 |
| 2017 | $3,777 | $634,550 | $111,150 | $523,400 |
| 2016 | $4,035 | $519,710 | $117,000 | $402,710 |
| 2015 | $4,035 | $531,290 | $117,000 | $414,290 |
| 2014 | $4,035 | $521,680 | $117,000 | $404,680 |
| 2012 | $4,035 | $534,970 | $130,000 | $404,970 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Asya Eberle
Orcas Island Realty
(415) 699-3133
71 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1973855
APN: 173152-006-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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