Listed by Windermere RE Orcas Island, Bought with COMPASS
NOT LISTED FOR SALE

516 Marilee Ln Eastsound, WA 98245

Estimated Value: $973,000 - $4,356,880

1 Bed
2 Baths
2,642 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $575,000 $218 Per Sq Ft

Est. 363% increase in value since last sale

Current estimated payment $15,105/month

5 Days on Market

About This Home

As of May 2014

Older, fixer, interesting home on very special view site! West to NW marine and island views from the top of the knob. Sunny house site with fenced garden/orchard close by. Outbuildings for your projects and storage. Close to Eastsound Village, 3 BR septic system make this a good value for the "fixer" crew. Selling in the "as is" condtiion.

Last Agent to Sell the Property

Stu Stephens

Windermere RE Orcas Island Listed on: 01/03/2014

Last Buyer's Agent

Marty Zier

COMPASS License #13219

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM577650

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Year Built

1977

Lot Details

0

Listing Details

  • Condition: Fixer
  • Sq Ft Finished: 2642
  • Form 17: Provided
  • Special Features: None
  • Stories: 3
  • Year Built: 1977

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Partially Finished
  • Features: 2nd Kitchen, Bath Off Master, Double Pane/Storm Window, Dining Room, Loft, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 1
  • Floor: Bamboo/Cork, Concrete, Hardwood, Vinyl, Wall to Wall Carpet
  • Water Heater Location: basement-Electric

Exterior Features

  • Roof: Cedar Shake, Flat, Torch Down
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake, Flat, Torch Down
  • Site Features: Deck, Partial Fence, Outbuildings
  • View: Sound, Territorial
  • Lot Topography: Brush, Fruit Trees, Garden Space, Partial Slope, Steep Slope, Terraces, Wooded

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Heating and Cooling: Forced Air
  • Power Company: OPALCO
  • Sewer: Septic
  • Water Company: Eastsound Water Users
  • Water Source: Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2014
Closed on
May 5, 2014
Sold by
Fischer Michael
Bought by
Lippmann Kurt and Lippmann Sharilyn
Seller's Agent
Stu Stephens
Windermere RE Orcas Island
Buyer's Agent
Marty Zier
COMPASS
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$2,664,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,089,940
Avg. Annual Appreciation
14.07%

Purchase Details

Closed on
Sep 7, 2006
Sold by
Fischer Mary K
Bought by
Britt Frederick W and Britt Mary Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,400
Interest Rate
7.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 7, 2005
Sold by
Fischer Mary K
Bought by
The Mary K Fischer Living Trust Agreemen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lippmann Kurt $78,339 First American Title
Britt Frederick W $875,500 San Juan Title Llc
The Mary K Fischer Living Trust Agreemen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Britt Frederick W $700,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $575,000 0.0% $218 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $575,000 -- $218 / 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 $14,211 $3,283,850 $1,339,520 $1,944,330
2023 $14,211 $2,664,810 $1,148,160 $1,516,650
2022 $9,405 $1,656,530 $956,910 $699,620
2021 $6,930 $1,274,450 $736,190 $538,260
2020 $6,512 $893,940 $566,300 $327,640
2019 $6,469 $817,460 $508,310 $309,150
2018 $6,147 $1,106,910 $807,610 $299,300
2017 $4,982 $769,150 $508,290 $260,860
2016 $4,805 $686,750 $535,040 $151,710
2015 $4,805 $578,470 $535,040 $43,430
2014 $4,805 $506,410 $486,470 $19,940
2012 $4,805 $463,060 $441,870 $21,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM577650

Northwest Multiple Listing Service (NWMLS)

APN: 271643-003-000