Listed by eXp Realty, Bought with PRO RLTYSRVCS Eastside
$250,000
SOLD AUG 20, 2024

5502 Cedar Cove SW Longbranch, WA 98351

5 Acres
$48,263 Price per Acre
225,641 Sq Ft Lot

Recently Sold

6% Below List Price

35 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Home fronts a creek
  • 5.18 Acre Lot
  • Ocean View
  • Gated Community
  • Secluded Lot

About This Lot

As of August 2024

Take a look at this South Sound slice of heaven offering 5.18 acres of bliss in a gated & exclusive enclave known as Whiskey Beach Estates. Dappled with striking Madronas & native evergreens, this lot gently cascades into a westerly slope offering multiple creative options to frame the filtered water and mountain views. The community is served by two, shared wells, and power is onsite. Lots of legwork completed! Approved septic plans and geo-tech studies included. 320' of private neighborhood beach is at your fingertips to access prime shoreline & offers panoramic views of the Olympic Mountains to the northwest. The lot is conveniently bisected by a private road, offering a prime investment for those wishing to subdivide in the future.

Last Agent to Sell the Property

Steven Venetta

eXp Realty License #138443 Listed on: 05/02/2024

eXp Realty

Last Buyer's Agent

Cheyanne Shere

PRO RLTYSRVCS Eastside License #21034491

PRO RLTYSRVCS Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2232396

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,508

Lot Details

  • 5.18 Acre Lot
  • Home fronts a creek
  • 95 Feet of Waterfront
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot

HOA Fees

  • $77 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Schools

  • Evergreen Elementary School
  • Key Peninsula Mid Middle School
  • Peninsula High School

Utilities

  • Community Well
  • Septic Design Applied

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 002021-1-025

Community Details

Overview

  • Association fees include road maintenance, security, snow removal
  • Whiskey Beach Estates Condos
  • Longbranch Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,508

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • Buyer Agency Compensation: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Whiskey Beach Estates
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: CC&R,NO Manufactured Homes
  • LevelComment: Grand majority of lot is level
  • Special Features: None
  • Cumulative Days on Market: 692

Interior Features

  • Possible Use: Residential
  • Possible Bedrooms: 3
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Bay, Mountain(s), Sea, Sound, Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-High, Bay/Harbor, Creek, Saltwater, Sound
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: Privately Maintained
  • RoadOnWhichSide: road dissects property
  • WaterfrontFootage: 95
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach,Deeded Access

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: Community Well
  • Security: SecurityGate, SecurityServices
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Road Maintenance, Snow Removal, Natural Gas Available, Electricity Available, Septic Design Applied
  • ElectricityStatus: In Street
  • GasStatus: Available
  • SepticDesignApplied: true
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: CCRs, Gated, Trail(s), Community Well
  • Senior Community: No
  • Association Fee: 919
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Road Maintenance, Security, Snow Removal
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Peninsula
  • High School: Peninsula High
  • Middle Or Junior School: Key Peninsula Mid

Lot Info

  • Parcel Number: 002021-1-025
  • Topography: Cliffs,Level,Rolling,Sloped
  • Lot Size Acres: 5.18
  • Lot Size Sq Ft: 225641
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: NWMLS
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 8
  • SlopeComment: Southwest toward the Case Inlet

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2508

MLS Schools

  • Elementary School: Evergreen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Aug 9, 2024
Sold by
Hake Justin and Hake Sarah
Bought by
Gunther Mareike and Caudillo Francisco
Seller's Agent
Steven Venetta
eXp Realty
Buyer's Agent
Cheyanne Shere
PRO RLTYSRVCS Eastside
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Total Days on Market
35
Views
23
Current Estimated Value
$257,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,668
Avg. Annual Appreciation
3.75%

Purchase Details

Listed on
Mar 7, 2021
Closed on
Jul 9, 2021
Sold by
Arnold Steven L and Arnold Shari L
Bought by
Hake Justin and Hake Sarah
Seller's Agent
Robert Home
Windermere Prof Partners
Buyer's Agent
Sarah Lauer
The Agency Bainbridge Island
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$132,300
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2018
Sold by
Friedman Wesley O and Arterburn David L
Bought by
Arnold Steven L and Arnold Shari L

Purchase Details

Closed on
Apr 4, 2003
Sold by
Chinella Ralph and Chinella Lynnea I
Bought by
Friedman Wesley O and Arterburn David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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 $250,000 Wfg National Title
Warranty Deed $189,000 Wfg Natl Ttl Co Of Wa Llc
Warranty Deed $115,669 Ticor Title
Warranty Deed $148,500 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,300 New Conventional
Previous Owner $111,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $250,000 -5.7% --
06/06/2024 06/06/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $265,000 +40.2% --
07/16/2021 07/16/21 Sold $189,000 0.0% --
04/13/2021 04/13/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $189,000 -- --
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 $2,548 $304,000 $304,000 --
2023 $2,548 $285,000 $285,000 $0
2022 $2,220 $258,400 $258,400 $0
2021 $2,247 $210,100 $210,100 $0
2019 $1,775 $179,300 $179,300 $0
2018 $1,959 $168,500 $168,500 $0
2017 $1,959 $170,700 $170,700 $0
2016 $1,667 $161,500 $161,500 $0
2014 $2,088 $134,500 $134,500 $0
2013 $2,088 $134,500 $134,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2232396

Northwest Multiple Listing Service (NWMLS)

APN: 002021-1025