Listed by COMPASS, Bought with Century 21 North Homes Realty
NOT LISTED FOR SALE

5139 Bercot Rd Freeland, WA 98249

Estimated Value: $2,791,000 - $4,143,101

3 Beds
2.5 Baths
3,655 Sq Ft
$949/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $3,800,000 $1,040 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $19,835/month

24 Days on Market

Highlights

  • Boathouse
  • Views of a Sound
  • 0.99 Acre Lot
  • 100 Feet of Waterfront
  • Docks
  • Fruit Trees

About This Home

As of September 2020

Meticulously built Custom Holmes Harbor Retreat on shy 1 acre with 100 ft of waterfront, private dock w/ boathouse, main house + 3 private cottages. Open concept living w/ dramatic 2-story great room offers casual yet luxurious waterfront living. Wet bar; chef’s kitchen; den. Effortless indoor/outdoor flow w/ expansive porch. 3 bedrooms upstairs inc master w/ private deck & luxe bath. 2,000 bottle wine cellar. Private and elegant legacy property is the perfect Whidbey Island paradise.

Last Agent to Sell the Property

Bob Bennion

COMPASS License #4166 Listed on: 07/06/2020

COMPASS

Co-Listed By

Mary P. Snyder

COMPASS License #43978

Last Buyer's Agent

Kim Newton

Century 21 North Homes Realty License #120587

Century 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1626076

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,764

Year Built

  • Built in 2001

Lot Details

  • 0.99 Acre Lot
  • 100 Feet of Waterfront
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Fruit Trees

Parking

  • 3 Car Garage

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,655 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Dining Room
  • Views of a Sound
  • Partially Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Propane
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Freeland Subdivision

Listing and Financial Details

  • Assessor Parcel Number R229030784000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,764

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2001
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3655
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 61

Interior Features

  • Fireplaces: 1
  • Basement: Partially Finished
  • Appliances: Double Oven, Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, Hardwood, Stone, Carpet
  • Interior Amenities: Ceramic Tile, Concrete, Hardwood, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Security System
  • Living Area: 3655
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3655
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Metal
  • View: Sound
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 100

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System, Fully Fenced
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available
  • PowerCompany: Puget Power
  • WaterCompany: Freeland

Schools

  • Junior High Dist: South Whidbey Island

Lot Info

  • Parcel Number: R229030784000
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.99
  • Lot Size Sq Ft: 43124
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cable TV,Deck,Dock,Fenced-Partially,High Speed Internet,Irrigation,Moorage,Outbuildings,Patio,Propane
  • MLSLotSizeSource: ICR
  • MLSSquareFootageSource: Architect Plans
  • IrrigationComments: 10 zones

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 8764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Gormley William and Gormley Jill
Bought by
William J Gormley And Jill T Gormley Revocabl and Gormley
Current Estimated Value
$3,417,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 28, 2020
Sold by
Schuster Mark R
Bought by
Gormley William and Gormley Jill
Seller's Agent
Bob Bennion
COMPASS
Buyer's Agent
Kim Newton
Century 21 North Homes Realty
List Price
$3,950,000
Sold Price
$3,800,000
Premium/Discount to List
-$150,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.70%
Source: Public Records

Range of Values:

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Average Value
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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
William J Gormley And Jill T Gormley Revocabl $313 None Listed On Document
Gormley William -- Land T&E Of Island Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner William J Gormley And Jill T Gormley Revocabl $1,500,000
Previous Owner Schuster Mark R $563,300
Previous Owner Schuster Mark R $585,000
Previous Owner Schuster Mark R $600,000
Previous Owner Schuster Mark R $648,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $3,800,000 -3.8% $1,040 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $3,950,000 -- $1,081 / 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 $13,512 $2,145,320 $725,940 $1,419,380
2023 $13,512 $2,081,825 $650,940 $1,430,885
2022 $13,585 $1,962,464 $650,940 $1,311,524
2021 $10,164 $1,724,420 $500,940 $1,223,480
2020 $9,452 $1,313,081 $450,940 $862,141
2019 $8,764 $1,253,883 $500,940 $752,943
2018 $9,492 $1,156,008 $400,940 $755,068
2017 $8,713 $1,160,248 $400,940 $759,308
2016 $9,059 $1,168,748 $400,940 $767,808
2015 -- $1,177,251 $400,940 $776,311
2013 -- $1,203,642 $416,646 $786,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1626076

Northwest Multiple Listing Service (NWMLS)

APN: R22903-078-4000