Listed by Keller Williams Eastside, Bought with Realty One Group Orca
NOT LISTED FOR SALE

557 Michael Way Camano Island, WA 98282

Estimated Value: $930,000 - $1,150,208

3 Beds
3 Baths
2,677 Sq Ft
$384/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $1,070,000 $400 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,021/month

4 Days on Market

Highlights

  • Views of a Sound
  • Sauna
  • Two Primary Bedrooms
  • Spa
  • RV Access or Parking
  • 5 Acre Lot

About This Home

As of September 2023

NW Contemporary home on 5 acres. Enjoy beautiful sunrises & stunning views of the Cascade Mts and water. Remodeled kitchen & 3 bedrooms, newer appliances, gas stove, new flooring, custom railing, light fixtures, and exterior freshly painted. Main floor has primary suite w/shower, 2nd bedrm & bathroom, plus heated floors. Loft space great for an office/guest room. Finished lower level has media room, gym, sauna and 3rd bedroom with ¾ bath. Detached oversized garage w/workshop, storage shed, large carport, room for RV/boat. Spacious backyard with nice deck and hottub. Surrounded by nature: eagles soaring, owls hooting, & deer walking thru the yard. Camano is the no-ferry island, w/ 2 state parks, and Dusty Cellars Winery down the block.

Last Agent to Sell the Property

Gerald Overbeck

Keller Williams Eastside License #109360 Listed on: 08/10/2023

Keller Williams Eastside

Last Buyer's Agent

Kathleen Lantz

Realty One Group Orca License #119802

Realty One Group Orca

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2148896

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,701

Year Built

  • Built in 1999

Lot Details

  • 5 Acre Lot
  • Open Space
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,677 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Sauna
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Double Master Bedroom
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Outbuilding

Schools

  • Elger Bay Elementary School
  • Stanwood High School

Utilities

  • Radiant Heating System
  • Generator Hookup
  • Propane
  • Water Heater
  • Septic Tank

Community Details

  • Camano Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number R231123374400

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,701

Year Built

Built in 1999

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 15 - Multi Level
  • Year Built: 1999
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Green Island Hills #14
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2677
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceramic Tile, Laminate, Second Primary Bedroom, Bath Off Primary, Double Pane/Storm Window, Hot Tub/Spa, Sauna, Vaulted Ceiling(s), Wired for Generator, Water Heater
  • Living Area: 2677
  • Main Level Bedrooms: 2
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • SquareFootageFinished: 2677
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Sound, Territorial
  • Lot Features: Open Space, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Radiant
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: Septic
  • WaterCompany: Green Island Hills
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Boiler

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 30
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Stanwood-Camano
  • High School: Stanwood High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: R231123374400
  • Topography: Sloped
  • Land Lease: No
  • Lot Size Acres: 5
  • Lot Size Sq Ft: 217800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Hot Tub/Spa,Outbuildings,Patio,Propane,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5701

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Elger Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Sep 3, 2023
Sold by
Kaulia Cameron H and Kaulia Mackenzle M
Bought by
Zahnow Bradley and Zahnow Sheila
Seller's Agent
Gerald Overbeck
Keller Williams Eastside
Buyer's Agent
Kathleen Lantz
Realty One Group Orca
List Price
$998,950
Sold Price
$1,070,000
Premium/Discount to List
$71,050
7.11%
Views
77
Current Estimated Value
$1,027,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,698
Avg. Annual Appreciation
-1.94%
Original Mortgage
$670,000
Outstanding Balance
$655,386
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$371,916

Purchase Details

Closed on
Jun 29, 2020
Sold by
Kaulia Cameron H and Kaulia Mackenzie M
Bought by
Kaulia Cameron H and Kaulia Mackenzie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2018
Closed on
Jul 12, 2018
Sold by
Priest Susanna
Bought by
Kaulia Cameron H and Popovich Mackenzie M
Seller's Agent
Cindy Chaves
RE/MAX Town Center
Buyer's Agent
Jennifer Larson
John L Scott Westwood
List Price
$532,000
Sold Price
$510,000
Premium/Discount to List
-$22,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2014
Sold by
Larson Roy G and Harsch Patti
Bought by
Priest Susanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Zahnow Bradley $1,070,000 None Listed On Document
Kaulia Cameron H -- Chicago Title Company Of Wa
Kaulia Cameron H $510,000 Chicago Title
Priest Susanna $328,280 Ctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zahnow Bradley $670,000
Previous Owner Kaulia Cameron H $300,000
Previous Owner Kaulia Cameron H $350,000
Previous Owner Priest Susanna $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $1,070,000 +7.1% $400 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $998,950 +95.9% $373 / Sq Ft
07/13/2018 07/13/18 Sold $510,000 -4.1% $191 / Sq Ft View Prior Sale
06/22/2018 06/22/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $532,000 -- $199 / 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 $6,276 $1,001,346 $420,000 $581,346
2023 $6,276 $819,287 $400,000 $419,287
2022 $5,614 $764,019 $380,000 $384,019
2021 $5,150 $605,702 $280,000 $325,702
2020 $4,944 $538,210 $220,000 $318,210
2019 $4,135 $510,093 $260,000 $250,093
2018 $4,160 $426,714 $230,000 $196,714
2017 $3,303 $397,857 $200,000 $197,857
2016 $3,606 $350,212 $150,000 $200,212
2015 -- $368,375 $140,000 $228,375
2013 -- $423,004 $150,000 $273,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2148896

Northwest Multiple Listing Service (NWMLS)

APN: R23112-337-4400