NOT LISTED FOR SALE

5351 Island View Way Bow, WA 98232

Estimated Value: $906,565 - $968,000

5 Acres
$182,073 Price per Acre
223,898 Sq Ft Lot

Last Sold March 29, 2024

Last sale price $900,000

Est. 4% increase in value since last sale

Current estimated payment $5,445/month

839 Days on Market

About This Lot

As of March 2024

Amazing opportunity! This is the final lot on sought-after Island View Way... Bow's premiere neighborhood. Enjoy 180-degree views of the Skagit flats towards Padilla & Samish Bays, the San Juan Islands, Canadian Gulf Islands, and Anacortes from a gently sloping 5.14-acre lot. All properties in the neighborhood are 5-acres, affording privacy and continuity. This lot is equipped with its own well, power run half-way up the lot, and high-speed Internet. Shovel ready...wetland study completed. Just bring your building plans! This is your opportunity to enjoy endless and ever-changing views just one-hour from Seattle and 40-minutes from the Canadian border. Appreciate the quiet and serenity of country living with easy access to I-5.

Last Listed By

Gabrielle Balolia

RE/MAX Whatcom County, Inc. License #138620 Listed on: 11/10/2021

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1862006

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,248

Lot Details

  • 5.14 Acre Lot
  • Street terminates at a dead end
  • Level Lot

Property Views

  • Bay
  • Strait Views
  • Territorial

Utilities

  • Well
  • Septic Design Applied
  • Sewer Not Available

Community Details

  • Chuckanut View Subdivision Condos
  • Bow Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number P108577

Property Details

Property Type

Land

Est. Annual Taxes

$3,248

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Chuckanut View Subdivision
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Corners Flagged,Pasture Land,Pond
  • Restrictions: CC&R,See Remarks
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,234

Interior Features

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

Exterior Features

  • View: Bay, See Remarks, Strait, Territorial
  • Lot Features: Dead End Street, Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: West

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Private Well
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Well Private, Electricity Connected, Septic Design Applied
  • ElectricityStatus: On Property
  • GasStatus: Not Available
  • SepticDesignApplied: true
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No

Schools

  • Junior High Dist: Burlington
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: P108577
  • Topography: Level,Sloped
  • Lot Size Acres: 5.14
  • Lot Size Sq Ft: 223898
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • IrrigationType: None

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3248

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Mar 22, 2024
Sold by
Templeton Bobby L and Templeton Charlene M
Bought by
Brooks Michelle
Seller's Agent
Gabrielle Balolia
RE/MAX Whatcom County, Inc.
Buyer's Agent
Gabrielle Balolia
RE/MAX Whatcom County, Inc.
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Total Days on Market
839
Views
131
Current Estimated Value
$935,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,855
Avg. Annual Appreciation
3.62%
Original Mortgage
$750,000
Outstanding Balance
$622,280
Interest Rate
6.77%
Mortgage Type
Seller Take Back
Estimated Equity
$313,575

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
Brooks Michelle $900,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Michelle $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $900,000 -18.2% --
02/27/2024 02/27/24 Pending -- -- --
03/24/2022 03/24/22 For Sale $1,100,000 0.0% --
03/18/2022 03/18/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $1,100,000 -- --
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 $3,073 $478,300 $478,300 --
2023 $3,073 $402,400 $402,400 $0
2022 $3,198 $409,000 $409,000 $0
2021 $3,249 $373,700 $373,700 $0
2020 $3,210 $353,000 $0 $0
2019 $2,978 $333,300 $0 $0
2018 $3,427 $329,000 $0 $0
2017 $2,907 $290,200 $0 $0
2016 $2,736 $254,500 $254,500 $0
2015 $2,916 $261,400 $261,400 $0
2013 $2,520 $205,800 $205,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1862006

Northwest Multiple Listing Service (NWMLS)

APN: P108577