Listed by Windermere R.E. Port Townsend, Bought with Windermere R.E. Port Townsend
NOT LISTED FOR SALE

5334 Cape George Rd Port Townsend, WA 98368

Estimated Value: $254,000 - $268,380

0.43 Acre
$607,419 Price per Acre
18,731 Sq Ft Lot

Last Sold May 22, 2023

Last sale price $240,000

Est. 9% increase in value since last sale

Current estimated payment $1,524/month

4 Days on Market

Highlights

  • Bay View
  • Trails
  • Level Lot

About This Lot

As of May 2023

A rare jewel overlooking Discovery Bay and the foothills of the Olympics! Perched above community owned land this 18,731 sqft parcel offers great western exposure, desirable privacy, mature evergreens and madrones. 2 bedroom drain field reserved on the community drain field with electricity and water in the street, this property can be easily developed. 15 minutes to downtown Port Townsend and part of the coveted Ocean Grove neighborhood. HOA amenities include private greenbelt, walking trails with views of the bay, private (gated) beach access, community garden and RV storage. This property offers the benefits of waterfront without the big concerns.

Last Agent to Sell the Property

Jan Garing

Windermere R.E. Port Townsend License #12925 Listed on: 04/14/2023

Windermere R.E. Port Townsend

Last Buyer's Agent

Kirsten Campbell

Windermere R.E. Port Townsend License #22017975

Windermere R.E. Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2055701

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,450

Lot Details

  • 0.43 Acre Lot
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Bay
  • Mountain

Schools

  • Salish Coast Elementary School
  • Blue Heron Mid Middle School
  • Port Townsend High School

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 3&4 / 2
  • Assessor Parcel Number 977100203

Community Details

Overview

  • Association fees include common area maintenance
  • Albert Balach & Harry Cotton's Ocean Grove Estates Condos
  • Ocean Grove Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,450

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Albert Balach & Harry Cotton's Ocean Grove Estates
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens,Lightly Treed
  • Restrictions: CC&R,NO Manufactured Homes
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Bay, Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained
  • WaterJurisdiction: PUD #1
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: In Street
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Utilities: Common Area Maintenance, See Remarks, Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignInstalled: false
  • SepticSystemType: Community Drainfield

Condo/Co-op/Association

  • Community Features: CCRs, Trail(s)
  • Senior Community: No
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, See Remarks
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Port Townsend #50
  • High School: Port Townsend High
  • Middle Or Junior School: Blue Heron Mid

Lot Info

  • Parcel Number: 977100203
  • Topography: Level,Sloped
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18731
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 3&4
  • SlopeComment: West

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1450

MLS Schools

  • Elementary School: Salish Coast Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Morris David P and Morris Frances Lorraine
Bought by
David P Morris And Frances L Morris Trust and Morris
Current Estimated Value
$261,190

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 11, 2023
Sold by
Scheufler Christina Le
Bought by
Morris Frances and Morris David
Seller's Agent
Jan Garing
Windermere R.E. Port Townsend
Buyer's Agent
Kirsten Campbell
Windermere R.E. Port Townsend
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$120,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2019
Closed on
Jul 2, 2020
Sold by
Gilluly David and Karlson Elaine L
Bought by
Scheufler Christina
Seller's Agent
Susan Miller
Windermere R.E. Port Townsend
Buyer's Agent
Nicole Blasucci
Coldwell Banker Best Homes
List Price
$147,500
Sold Price
$146,500
Premium/Discount to List
-$1,000
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.77%

Purchase Details

Listed on
Apr 15, 2016
Closed on
Apr 12, 2016
Sold by
Decker William Andrews and Decker Carol Jeanette
Bought by
Gilluly David and Karlson Elaine L
Buyer's Agent
Susan Miller
Windermere R.E. Port Townsend
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Source: Public Records

Range of Values:

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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
David P Morris And Frances L Morris Trust -- None Listed On Document
Morris Frances -- First American Title
Scheufler Christina $146,500 Jefferson Title Company Inc
Gilluly David $130,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Frances $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $240,000 -4.0% --
04/18/2023 04/18/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $250,000 +70.6% --
07/08/2020 07/08/20 Sold $146,500 -0.7% --
06/18/2020 06/18/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $147,500 0.0% --
06/16/2020 06/16/20 For Sale $147,500 +0.7% --
01/01/2020 01/01/20 Off Market $146,500 -- --
07/16/2019 07/16/19 For Sale $149,000 +14.6% --
04/15/2016 04/15/16 Sold $130,000 0.0% --
04/15/2016 04/15/16 For Sale $130,000 -- --
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 $1,528 $178,500 $178,500 --
2023 $1,528 $170,000 $170,000 $0
2022 $1,491 $170,000 $170,000 $0
2021 $1,579 $151,250 $151,250 $0
2020 $1,600 $151,250 $151,250 $0
2019 $1,366 $151,250 $151,250 $0
2018 $1,563 $137,500 $137,500 $0
2017 $1,473 $137,500 $137,500 $0
2016 $1,683 $137,500 $137,500 $0
2015 $1,686 $165,000 $165,000 $0
2014 -- $165,000 $165,000 $0
2013 -- $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2055701

Northwest Multiple Listing Service (NWMLS)

APN: 977100203