Listed by Windermere RE/South Whidbey, Bought with COMPASS
NOT LISTED FOR SALE

5271 Bounty Loop Freeland, WA 98249

Estimated Value: $531,000 - $760,000

2 Beds
2 Baths
1,293 Sq Ft
$490/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $275,000 $213 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,731/month

40 Days on Market

Highlights

  • 1 Acre Lot
  • Wooded Lot
  • Vaulted Ceiling
  • Deck
  • Territorial View
  • Wood Flooring

About This Home

As of January 2019

A lovely Lindal cedar cabin on 1 acre! With some TLC this will be a wonderful place to call home. A chicken coop in the backyard and plenty of space for gardens provide an excellent opportunity for Whidbey Island life! 3 covered parking spaces, including a one car garage, could be used for vehicles or work space. The Bounty Loop neighborhood features access to a paved trail through the Trillium Community Forest. Bring your interior design ideas and make this sweet property your own!

Last Agent to Sell the Property

Lynne Hunsaker

Windermere RE/South Whidbey License #130432 Listed on: 10/31/2018

Windermere RE/South Whidbey

Last Buyer's Agent

Tim Miller

COMPASS License #23005425

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1380284

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $543

Year Built

  • Built in 1990

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 220x197
  • Brush Vegetation
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • 3 Car Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,293 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Loft
  • Territorial Views
  • Storm Windows
  • Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

Outdoor Features

  • Deck

Schools

  • So. Whidbey High School

Utilities

  • Water Heater
  • Septic Tank
  • Septic System

Community Details

  • Freeland Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number S754000000193

Home Details

Home Type

Single Family

Est. Annual Taxes

$543

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1990
  • Inclusions: RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1293
  • SeniorExemption: true
  • Special Features: VirtualTour
  • Cumulative Days on Market: 976

Interior Features

  • Basement: None
  • Appliances: Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Loft, Vaulted Ceiling(s), Water Heater
  • Living Area: 1293
  • Main Level Bedrooms: 1
  • Bathrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 1293
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Septic System, Electric, Pellet
  • HeatingCoolingType: Stove/Free Standing,Wall
  • PowerCompany: Puget Sound Energy
  • WaterCompany: Mutiny Bay Park
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No

Schools

  • Junior High Dist: South Whidbey Island
  • High School: So. Whidbey High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: S754000000193
  • Topography: Level
  • Lot Size Acres: 1
  • Lot Size: 220x197
  • Lot Size Sq Ft: 43560
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Island County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Pellet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2018
  • Tax Annual Amount: 543

Multi Family

  • EnergySource: Electric,Pellet

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Jan 14, 2019
Sold by
Mcgahan Newland Susan
Bought by
Woody Kaitlin and Peterson Michael
Seller's Agent
Lynne Hunsaker
Windermere RE/South Whidbey
Buyer's Agent
Tim Miller
COMPASS
List Price
$307,500
Sold Price
$275,000
Premium/Discount to List
-$32,500
-10.57%
Current Estimated Value
$633,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,570
Avg. Annual Appreciation
12.33%
Original Mortgage
$261,250
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Woody Kaitlin $275,000 Premier Title Of Island Coun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woody Kaitlin $325,481
Closed Peterson Michael D $29,118
Closed Peterson Michael $29,118
Closed Woody Kaitlin $264,000
Closed Woody Kaitlin $261,250
Previous Owner Bowers Deborah $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $275,000 -7.6% $213 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/27/2018 11/27/18 Price Changed $297,500 -3.3% $230 / Sq Ft
10/31/2018 10/31/18 For Sale $307,500 -- $238 / 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 $3,343 $506,080 $230,000 $276,080
2023 $3,343 $509,956 $230,000 $279,956
2022 $3,001 $457,007 $200,000 $257,007
2021 $2,787 $376,536 $150,000 $226,536
2020 $2,540 $355,855 $135,000 $220,855
2019 $586 $332,634 $190,000 $142,634
2018 $543 $263,103 $120,000 $143,103
2017 $567 $244,037 $100,000 $144,037
2016 $559 $245,909 $100,000 $145,909
2015 -- $232,779 $85,000 $147,779
2013 -- $231,820 $65,000 $166,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1380284

Northwest Multiple Listing Service (NWMLS)

APN: S7540-00-00019-3