Listed by Windermere RE/South Whidbey, Bought with Windermere RE Greenwood
NOT LISTED FOR SALE

5734 Mutiny Bay Rd Freeland, WA 98249

Estimated Value: $1,426,000 - $6,311,000

4 Beds
3 Baths
3,127 Sq Ft
$1,212/Sq Ft Est. Value

Last Sold July 29, 2013

Last sale price $1,600,000 $512 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $23,096/month

347 Days on Market

About This Home

As of July 2013

Rare opportunity to own 100+/- ft of no-bank Mutiny Bay waterfront on over an acre. Menlo Beach is one of the finest beaches on Whidbey with sugar-sand, fantastic southwest exposure, big ship, Olympics and extraordinary sunsets. This 4 bedroom home is everything you expect of a comfortable waterfront property including large river rock fireplace, lots of sleeping areas and a gourmet kitchen. Very high quality throughout with a casual beach feel that is just right. Bring your flip flops!

Last Agent to Sell the Property

Steve Strehlau

Windermere RE/South Whidbey License #2867 Listed on: 07/07/2012

Windermere RE/South Whidbey

Co-Listed By

Leslie Manchester

Windermere RE Greenwood License #5149

Last Buyer's Agent

Derek Olson

Windermere RE Greenwood License #3791

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM378833

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$29,381

Year Built

1989

Lot Details

0

Listing Details

  • Condition: Very Good
  • Leased Equipment: Propane Tank
  • Sq Ft Finished: 3127
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Features: Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, French Doors, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Slate, Wall to Wall Carpet
  • Water Heater Location: Laundry Room-Propane

Exterior Features

  • Roof: Composition
  • Homebuilder: Ralph Hastings
  • Community Features: Private Beach Access
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street, Secluded
  • Roof: Composition
  • Site Features: Cable TV, High Speed Internet, Propane
  • View: Mountain, Sound
  • Waterfront: Saltwater, Sound, Tideland Rights
  • Lot Topography: Level

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Spaces: 3

Utilities

  • Heating: Radiant
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Radiant
  • Power Company: PSE
  • Sewer: Septic
  • Water Company: Lehman
  • Water Source: Community

Schools

  • School District: SWI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2012
Closed on
Jul 12, 2013
Sold by
Rayle Betty Dean and Burgess Julie Dean
Bought by
Greyber Robert Winston and Greyber Natasha Betsy
Seller's Agent
Steve Strehlau
Windermere RE/South Whidbey
Buyer's Agent
Derek Olson
Windermere RE Greenwood
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$3,789,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,189,670
Avg. Annual Appreciation
7.34%
Original Mortgage
$1,200,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 28, 2011
Sold by
Rayle Betty Dean
Bought by
Rayle Betty Dean

Purchase Details

Closed on
Sep 8, 2009
Sold by
Rayle Frank B and Rayle Betty Dean
Bought by
Rayle Frank Burford and Rayle Betty Dean Johnston
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Greyber Robert Winston $1,600,000 Lt
Rayle Betty Dean -- None Available
Rayle Frank Burford -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greyber Robert Winston $3,000,000
Closed Greyber Robert W $500,000
Closed Greyber Robert Winston $1,200,000
Closed Greyber Robert Winston $1,200,000
Previous Owner Rayle Frank B $249,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2013 07/29/13 Sold $1,600,000 0.0% $512 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
07/07/2012 07/07/12 For Sale $1,600,000 -- $512 / 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 $29,381 $4,526,787 $3,551,000 $975,787
2023 $29,381 $4,534,786 $3,551,000 $983,786
2022 $21,938 $3,999,084 $3,101,000 $898,084
2021 $19,435 $2,788,216 $2,001,000 $787,216
2020 $19,139 $2,515,933 $1,751,000 $764,933
2019 $18,877 $2,544,902 $1,801,000 $743,902
2018 $20,406 $2,496,814 $1,751,000 $745,814
2017 $17,948 $2,500,640 $1,751,000 $749,640
2016 $15,214 $2,413,854 $1,751,000 $662,854
2015 -- $1,980,940 $1,751,000 $229,940
2013 -- $1,946,758 $1,588,988 $357,770
Source: Public Records

Agents Affiliated with this Home

  • Steve Strehlau

    Seller's Agent in 2013

    Steve Strehlau

    Windermere Corporate

    (206) 819-3411

    38 in this area

    89 Total Sales

    Section Image
  • Leslie Manchester

    Seller Co-Listing Agent in 2013

    Leslie Manchester

    Windermere Corporate

    (206) 949-9991

    37 Total Sales

    Section Image
  • Derek Olson

    Buyer's Agent in 2013

    Derek Olson

    Windermere Corporate

    (206) 650-6157

    3 in this area

    20 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM378833

Northwest Multiple Listing Service (NWMLS)

APN: S7505-00-00023-0

Washington Island County Freeland 98249

5734 Mutiny Bay Rd, Freeland, WA

This home is located at 5734 Mutiny Bay Rd, Freeland, WA 98249 since 07 July 2012 and is currently estimated at $3,789,670, approximately $1,211 per square foot. This property was built in 1989. 5734 Mutiny Bay Rd is a home located in Island County with nearby schools including South Whidbey Elementary School, South Whidbey Middle School, and South Whidbey 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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