NOT LISTED FOR SALE

540 Ocean View Dr Oak Harbor, WA 98277

Estimated Value: $373,993 - $403,000

2 Beds
1 Bath
960 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $284,800 $297 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,267/month

3 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • 1 Fireplace
  • Property is near public transit
  • Territorial View
  • Storm Windows

About This Home

As of August 2020

Minutes from Deception Pass Park, Cornet Bay & NAS Whidbey - this nicely remodeled rambler is the perfect starter home! Features include an open concept spacious kitchen w/ eating bar & ss appliances, large living room w/ fireplace, updated bath, 2 bedrooms plus an extra bonus room perfect for a home office/den, exercise room or 3rd bedroom. Private fully fenced back yard w/ shed. Exterior recently painted. New roof to be installed prior to closing. You will not want to miss this opportunity!!!

Last Agent to Sell the Property

Michelle Foggin

RE/MAX Gateway License #79132 Listed on: 06/29/2020

RE/MAX Gateway

Last Buyer's Agent

Michelle Foggin

RE/MAX Gateway License #79132 Listed on: 06/29/2020

RE/MAX Gateway

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1622519

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,318

Year Built

  • Built in 1977

Lot Details

  • 7,800 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Territorial Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Oak Harbor High School

Utilities

  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number S757500040030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,318

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1977
  • Inclusions: Dishwasher,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 960
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Double Pane/Storm Window, Water Heater
  • Living Area: 960
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 960
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: Partially Fenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available, Wood
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Northgate Water Association
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: CCRs

Schools

  • Junior High Dist: Oak Harbor
  • High School: Oak Harbor High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: S757500040030
  • Topography: Level
  • Lot Size Acres: 0.1791
  • Lot Size Sq Ft: 7800
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2318

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 6, 2020
Sold by
Wolf Bethany L
Bought by
Wolf Eric
Seller's Agent
Michelle Foggin
RE/MAX Gateway
Buyer's Agent
Michelle Foggin
RE/MAX Gateway
List Price
$280,000
Sold Price
$284,800
Premium/Discount to List
$4,800
1.71%
Current Estimated Value
$390,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,948
Avg. Annual Appreciation
6.23%
Original Mortgage
$291,350
Outstanding Balance
$258,350
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$132,398

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jul 28, 2020
Sold by
Dearth Richard R and Hogan Tania M
Bought by
Wolf Eric
Seller's Agent
Michelle Foggin
RE/MAX Gateway
Buyer's Agent
Michelle Foggin
RE/MAX Gateway
List Price
$280,000
Sold Price
$284,800
Premium/Discount to List
$4,800
1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,350
Outstanding Balance
$258,350
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$132,398

Purchase Details

Closed on
Jan 23, 2007
Sold by
Simpson Timothy S
Bought by
Dearth Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2004
Sold by
Va
Bought by
Simpson Timothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,420
Interest Rate
6.06%
Mortgage Type
VA
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
Wolf Eric -- Chicago Title Company Of Wa
Wolf Eric $284,800 Chicago Title Company Of Wa
Dearth Richard R $182,500 Chicago Title Co Island Div
Simpson Timothy S -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Eric $291,350
Previous Owner Dearth Richard R $182,500
Previous Owner Simpson Timothy S $112,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $284,800 +1.7% $297 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $280,000 -- $292 / 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
2025 $2,600 $380,159 $210,000 $170,159
2024 $2,600 $365,839 $190,000 $175,839
2023 $2,600 $367,926 $190,000 $177,926
2022 $2,836 $343,008 $180,000 $163,008
2021 $2,369 $273,387 $130,000 $143,387
2020 $2,318 $227,086 $110,000 $117,086
2019 $1,940 $223,954 $140,000 $83,954
2018 $1,881 $204,233 $120,000 $84,233
2017 $1,422 $174,791 $90,000 $84,791
2016 $1,280 $140,288 $70,000 $70,288
2015 $1,266 $121,403 $50,000 $71,403
2013 -- $119,750 $45,000 $74,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1622519

Northwest Multiple Listing Service (NWMLS)

APN: S7575-00-04003-0