NOT LISTED FOR SALE

561 Arabian Ln Port Townsend, WA 98368

Estimated Value: $1,047,000 - $1,102,988

3 Beds
3 Baths
2,720 Sq Ft
$395/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $598,859 $220 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,239/month

47 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Mountain View
  • Stables
  • Fruit Trees
  • Deck

About This Home

As of September 2018

A rare opportunity to own this beautiful 15 acre farm just minutes from downtown Port Townsend. This property offers everything! 3 barns, acres of pasture, fenced garden space, and tons of natural light. The unique home is well thought-out in design and really brings the great outdoors in by using French doors off the kitchen and lovely covered cabana style outdoor space with attached deck and lower patio to soak up the sun. All bedrooms are up with including a big master with en suite and deck.

Last Agent to Sell the Property

Ian Meis

Keller Williams Greater 360 License #115113 Listed on: 06/20/2018

Keller Williams Greater 360

Last Buyer's Agent

Teren MacLeod

RE/MAX FIRST Inc Port Townsend License #5640

RE/MAX FIRST Inc Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1315288

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,739

Year Built

  • Built in 1982

Lot Details

  • Street terminates at a dead end
  • Dog Run
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is zoned RR-5

Property Views

  • Mountain
  • Territorial

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Poured Concrete
  • Tile Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Farming

  • Barn
  • Pasture

Utilities

  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Stables

Community Details

  • W. Of Port Townsend Community

Listing and Financial Details

  • Assessor Parcel Number 001071002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,739

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Slate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Den or Office: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Lower
  • Estimated Sq Ft: 3200
  • Square Footage Finished: 2720

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Concrete Block, Post And Block, Poured Concrete
  • Roof: Tile
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, Stove/Free Standing
  • Sewer: Septic
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: W. of Port Townsend

Schools

  • School District: PTT

Lot Info

  • Lot Details: Dead End Street, Secluded
  • Lot Sq Ft: 655578
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Pasture, Wooded
  • Parcel Number: 001071002
  • Zoning Code: RR-5
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Pasture, Wooded

Tax Info

  • Tax Amount: 3899

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Sep 12, 2018
Sold by
Iardella Adams and Iardella Lawrence A
Bought by
Banks Joseph Edward and Banks Jenifer Marie
Seller's Agent
Ian Meis
Keller Williams Greater 360
Buyer's Agent
Teren MacLeod
RE/MAX FIRST Inc Port Townsend
List Price
$624,900
Sold Price
$598,859
Premium/Discount to List
-$26,041
-4.17%
Current Estimated Value
$1,074,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,135
Avg. Annual Appreciation
7.25%
Original Mortgage
$476,900
Outstanding Balance
$417,589
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$561,560
Source: Public Records

Range of Values:

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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
Banks Joseph Edward $598,859 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Joseph Edward $476,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $598,859 -4.2% $220 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $624,900 -- $230 / 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 $6,739 $993,282 $265,595 $727,687
2023 $6,739 $885,200 $229,425 $655,775
2022 $5,283 $813,559 $217,400 $596,159
2021 $4,933 $653,320 $201,685 $451,635
2020 $5,056 $576,076 $183,350 $392,726
2019 $4,741 $576,076 $183,350 $392,726
2018 $3,899 $576,076 $183,350 $392,726
2017 $3,670 $441,366 $177,667 $263,699
2016 $3,478 $441,366 $177,667 $263,699
2015 $3,484 $441,366 $177,667 $263,699
2014 -- $441,366 $177,667 $263,699
2013 -- $401,240 $161,515 $239,725
Source: Public Records

Agents Affiliated with this Home

  • Ian Meis

    Seller's Agent in 2018

    Ian Meis

    Keller Williams Greater 360

    (360) 301-6909

    81 Total Sales

    Ian Meis
    Section Image
  • Teren MacLeod

    Buyer's Agent in 2018

    Teren MacLeod

    RE/MAX

    (360) 774-1441

    32 Total Sales

    Teren MacLeod
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1315288

Northwest Multiple Listing Service (NWMLS)

APN: 001071002

Washington Jefferson County Port Townsend 98368

561 Arabian Ln, Port Townsend, WA

This home is located at 561 Arabian Ln, Port Townsend, WA 98368 since 20 June 2018 and is currently estimated at $1,074,994, approximately $395 per square foot. This property was built in 1982. 561 Arabian Ln is a home located in Jefferson County with nearby schools including Salish Coast Elementary School, Blue Heron Middle School, and Port Townsend High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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