NOT LISTED FOR SALE

5516 Myrtle Ave Freeland, WA 98249

Estimated Value: $614,000 - $693,000

2 Beds
1 Bath
1,220 Sq Ft
$543/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $607,100 $498 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,861/month

Highlights

  • Deck
  • Bamboo Flooring
  • 1 Fireplace
  • Territorial View
  • Modern Architecture
  • Level Lot

About This Home

As of November 2021

Classic mid-century modern home located in the heart of Freeland with easy access to shopping, dining, groceries and your business needs. This home is oozing with character with its shed style roof, wide-planked floors, vaulted ceilings and exposed beams. The property itself has so much potential as it is zoned commercial but can also be utilized in its current use as a residential property. At the end of Myrtle Avenue you will find the Freeland Park and boat launch for easy access to beach combing, boating or play dates in the park. This property was updated in 2016 and has a fresh coat of exterior paint. Also included is a cute little detached unit, perfect for a home office, art studio, zen/yoga room or whatever comes to the imagination.

Last Agent to Sell the Property

Louis Muniz

Windermere RE/South Whidbey License #115452 Listed on: 10/19/2021

Windermere RE/South Whidbey

Last Buyer's Agent

Michelle Santos

Array Real Estate License #117391

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1854155

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,386

Year Built

  • Built in 1979

Lot Details

  • Level Lot

Parking

  • Driveway

Home Design

  • Modern Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views
  • Dishwasher

Flooring

  • Bamboo
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Propane
  • Septic System

Community Details

  • Freeland Community

Listing and Financial Details

  • Assessor Parcel Number S637500000032

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,386

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Modern
  • Effective Year Built: 1979
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Vaulted Ceilings
  • Floor Covering: Bamboo/Cork, Ceramic Tile
  • Appliances That Stay: Dishwasher, Dryer, Refrigerator, Washer, K
  • Approved Number of Bedrooms: 3
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1220
  • Total Square Footage: 1220

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Driveway Parking

Utilities

  • Heating And Cooling: Forced Air, Stove/Free Standing
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Freeland Water
  • Water Heater: Closet-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Freeland

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SWI
  • Junior High: Buyer To Verify

Lot Info

  • Lot Details: Paved Street
  • Lot Dimensions: 102x151x102x148
  • Lot Sq Ft: 15682
  • Lot Topography Vegetation: Level
  • Parcel Number: S637500000032
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Year: 2021
  • Tax Amount: 2059

MLS Schools

  • Elementary School: Buyer To Verify
  • Senior High: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Nov 19, 2021
Sold by
Storrs Jason
Bought by
Musarra Jonathan and Trinh Nhang My
Seller's Agent
Louis Muniz
Windermere RE/South Whidbey
Buyer's Agent
Michelle Santos
Array Real Estate
List Price
$575,000
Sold Price
$607,100
Premium/Discount to List
$32,100
5.58%
Current Estimated Value
$661,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,760
Avg. Annual Appreciation
2.36%
Original Mortgage
$455,325
Outstanding Balance
$419,308
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$243,971

Purchase Details

Closed on
Jun 4, 2015
Sold by
Mccabe Geoffrey Lee and Estate Of Donald Lee Mccabe
Bought by
Storrs Jason

Purchase Details

Closed on
Apr 10, 2014
Sold by
Willis Karen J
Bought by
Hardy Derek J

Purchase Details

Closed on
Mar 1, 2011
Sold by
Hardy Derek J
Bought by
Willis Karyn J and Mccabe Donald Lee

Purchase Details

Closed on
Nov 3, 2009
Sold by
Mccabe Donald Lee
Bought by
Mccabe Donald Lee and Hardy Derek J

Purchase Details

Closed on
Sep 4, 2007
Sold by
Willis Karen J
Bought by
Mccabe Donald and Mccabe Jean
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
Musarra Jonathan $607,100 None Available
Storrs Jason $125,000 Premier Title Island County
Hardy Derek J -- None Available
Willis Karyn J -- None Available
Mccabe Donald Lee -- None Available
Mccabe Donald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musarra Jonathan $455,325
Previous Owner Storrs Jason $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $607,100 +5.6% $498 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $575,000 -- $471 / 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
2024 $3,386 $542,930 $230,000 $312,930
2023 $3,386 $516,558 $200,000 $316,558
2022 $2,322 $429,937 $140,000 $289,937
2021 $2,059 $290,138 $140,000 $150,138
2020 $1,951 $261,396 $115,000 $146,396
2019 $1,662 $254,094 $170,000 $84,094
2018 $1,221 $214,435 $130,000 $84,435
2017 $1,126 $144,537 $59,419 $85,118
2016 $1,172 $145,900 $59,419 $86,481
2015 -- $147,265 $59,419 $87,846
2013 -- $153,553 $59,419 $94,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1854155

Northwest Multiple Listing Service (NWMLS)

APN: S6375-00-00003-2