$445,200
SOLD OCT 21, 2019

550 N Bay Way Port Ludlow, WA 98365

1 Bed
1 Bath
720 Sq Ft
1.08 Acres

Recently Sold

$618 Per Sq Ft

1% Below List Price

31 Days on Market

Highlights

  • Ocean View
  • RV Access or Parking
  • Northwest Architecture
  • Community Boat Launch
  • Deck
  • Wooded Lot

About This Home

As of October 2019

Captivating 180 Degree Views of the Shipping Lanes, Whidbey Island, the Cascades & Mt. Baker! This is the quintessential Beach Cottage - charming & beautifully maintained for some serious serene waterfront living! Quality construction showcases well designed living space and wood treatments throughout. Lovingly landscaped. Huge Views come with a Huge Deck for privacy & entertaining. Community Boat Launch - convenient spot to get your boat, kayak and crab pots in that water!

Last Agent to Sell the Property

Christine Cray

RE/MAX FIRST Inc Port Townsend License #88214 Listed on: 08/06/2019

RE/MAX FIRST Inc Port Townsend

Co-Listed By

Paula Clark

RE/MAX FIRST Inc Port Townsend License #2764

Last Buyer's Agent

Abbie Little

Bell Tower Brokers License #123641

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1498434

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1994

Lot Details

  • Street terminates at a dead end
  • Sloped Lot
  • Wooded Lot

Property Views

  • Ocean
  • Views of a Sound
  • Mountain

Home Design

  • Northwest Architecture
  • Concrete Foundation
  • Composition Roof
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • RV Access or Parking

Utilities

  • Private Water Source
  • Septic System

Additional Features

  • 1 Fireplace
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 921292005

Community Details

Overview

  • Port Ludlow Community

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,020

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Kitchen: Main
  • Estimated Sq Ft: 720
  • Square Footage Finished: 720

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Concrete Ribbon
  • Roof: Composition
  • View: Mountain, Ocean, Sound
  • Waterfront: Bank-Medium

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air, Insert
  • Power Company: JPUD 1
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Company: Oak Bay Way HOA
  • Water Heater: Exterior Access R of Front Door-Propane
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 17
  • Community Name: Port Ludlow
  • Project: Oak Bay Waterfront Tracts
  • Community Features: Boat Launch

Schools

  • Elementary School: Chimacum Elem
  • Middle School: Chimacum Mid
  • High School: Chimacum High
  • School District: CHI

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: 1055x434x773x809x185
  • Lot Sq Ft: 47045
  • Lot Topography Vegetation: Partial Slope, Wooded
  • Parcel Number: 921292005
  • Zoning Jurisdiction: County
  • Lot Topography: Partial Slope, Wooded

Tax Info

  • Tax Amount: 3571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Oct 14, 2019
Sold by
Kellenberger R C and Kellenberger Linda M
Bought by
Deadrick Frederick Mark and Dangerfield Vanessa
Seller's Agent
Christine Cray
RE/MAX FIRST Inc Port Townsend
Buyer's Agent
Abbie Little
Bell Tower Brokers
List Price
$449,999
Sold Price
$445,200
Premium/Discount to List
-$4,799
-1.07%
Current Estimated Value
$721,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,976
Avg. Annual Appreciation
8.44%
Original Mortgage
$356,160
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $445,200 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $356,160 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $445,200 -1.1% $618 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $449,999 0.0% $625 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $449,999 -- $625 / 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
2023 $4,020 $501,757 $332,200 $169,557
2022 $3,554 $489,050 $327,200 $161,850
2021 $3,477 $382,476 $270,750 $111,726
2020 $3,293 $352,540 $249,090 $103,450
2019 $3,229 $322,604 $227,430 $95,174
2018 $3,422 $318,466 $227,430 $91,036
2017 $3,338 $299,360 $216,600 $82,760
2016 $3,074 $299,360 $216,600 $82,760
2015 $3,032 $272,849 $211,600 $61,249
2014 -- $272,849 $211,600 $61,249
2013 -- $272,850 $211,600 $61,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1498434

Northwest Multiple Listing Service (NWMLS)

APN: 921292005