NOT LISTED FOR SALE

51 E Cormorant Place Grapeview, WA 98546

Estimated Value: $139,946 - $378,000

0.24 Acre
$1,079,054 Price per Acre
10,454 Sq Ft Lot

Last Sold July 24, 2020

Last sale price $99,900

Est. 159% increase in value since last sale

Current estimated payment $1,505/month

22 Days on Market

Highlights

  • Views of a Sound
  • Tideland Water Rights
  • Level Lot
  • Property fronts a saltwater canal

About This Lot

As of July 2020

Remarkable 78' salt waterfront lot on scenic McLains Cove off of Pickering Passage at Grapeview. This is a perfect location for your custom home or use as a recreational lot. Mostly cleared, gorgeous views, medium bank frontage with tidelands. Seller has confirmed water availability, nearby power in the street, expired septic permit. Quiet cove with moorage possibilities and perfect for kayaking. Located off of the main road on a quiet lane. Great neighborhood too!

Last Listed By

KEITH FULLER

Windermere RE/Himlie License #3891 Listed on: 04/29/2020

Windermere RE/Himlie

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1593352

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $746

Lot Details

  • Property fronts a saltwater canal
  • Level Lot

Additional Features

  • Views of a Sound
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 221135100005

Community Details

Overview

  • Grapeview Community

Recreation

  • Tideland Water Rights

Property Details

Property Type

Land

Est. Annual Taxes

$746

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Lightly Treed, Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: Manufactured Homes OK, No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained, Paved
  • View: Sound
  • Waterfront: Bank-Medium, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 78
  • Water Jurisdiction: Washington Water

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Available, In Street

Condo/Co-op/Association

  • Community Name: Grapeview
  • Project: Mclains Cove

Schools

  • Elementary School: Grapeview Elem
  • Middle School: Grapeview
  • High School: North Mason Snr High
  • School District: GRP

Lot Info

  • Lot Number: Tract 5
  • General Zoning Classification: Residential
  • Improvements: Fenced-Partially
  • Lot Details: Paved Street
  • Lot Sq Ft: 10454
  • Parcel Number: 221135100005
  • Survey: McLain's Cove
  • Topography: Level, Sloped
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jul 20, 2020
Sold by
Graeber Patricia L
Bought by
Mullen Richard P and Mullen Holly H
Seller's Agent
KEITH FULLER
Windermere RE/Himlie
Buyer's Agent
Trey Affolter
Wilcox Real Estate
List Price
$99,900
Sold Price
$99,900
Total Days on Market
22
Current Estimated Value
$258,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,073
Avg. Annual Appreciation
14.15%
Original Mortgage
$64,900
Outstanding Balance
$47,929
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$139,883

Purchase Details

Closed on
Oct 14, 2008
Sold by
Visi Timothy T
Bought by
Graeber Patricia L

Purchase Details

Closed on
Nov 17, 2006
Sold by
Davis James Alan and Cinquini Davis Mary Ann
Bought by
Visi Timothy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,300
Interest Rate
6.33%
Mortgage Type
New Conventional

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
Mullen Richard P $99,900 Land Title Co
Graeber Patricia L $77,801 None Available
Visi Timothy T $76,000 Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen Richard P $64,900
Previous Owner Visi Timothy T $72,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $99,900 0.0% --
05/21/2020 05/21/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $99,900 -- --
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 $746 $104,455 $93,455 $11,000
2023 $746 $95,045 $84,045 $11,000
2022 $839 $92,600 $81,600 $11,000
2021 $923 $92,600 $81,600 $11,000
2020 $888 $102,695 $91,695 $11,000
2018 $1,025 $92,890 $81,890 $11,000
2017 $615 $92,890 $81,890 $11,000
2016 $597 $58,530 $58,530 $0
2015 $634 $56,700 $56,700 $0
2014 -- $57,920 $57,920 $0
2013 -- $54,875 $54,875 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1593352

Northwest Multiple Listing Service (NWMLS)

APN: 22113-51-00005