NOT LISTED FOR SALE

Estimated Value: $699,000 - $794,000

2 Beds
2 Baths
1,495 Sq Ft
$494/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $552,000 $369 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,488/month

125 Days on Market

Highlights

  • Waterfront Community
  • Golf Course Community
  • Clubhouse
  • Views of a Sound
  • Craftsman Architecture
  • Deck

About This Home

As of November 2020

This desirable single-level craftsman in Ludlow Cove Cottages lives large with an open home plan perfect for entertaining, complete with gourmet kitchen, large quartz island, and built-in serving bar. Bedroom and hall closets are upgraded with Closets by Design. Sprinkler and drip systems for both front and back landscaped yards. Fully fenced private backyard, and relaxing front porch with crowning view of Ludlow Cove. Friendly, quiet neighborhood with trails for walking or to launch your kayak!

Last Listed By

Chris Murphy

COMPASS License #111144 Listed on: 07/21/2020

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1633313

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,740

Year Built

  • Built in 2015

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Parking

  • Detached Garage

Property Views

  • Views of a Sound
  • Bay Views

Home Design

  • Craftsman Architecture
  • Concrete Foundation
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Propane
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 968900002

Community Details

Overview

  • Ludlow Cove Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,740

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Craftsman
  • Homebuilder: Westharbor Homes
  • Building Information: Built On Lot, Planned Unit Dev
  • Entrance Level: Main
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1495
  • Square Footage Finished: 1495

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Concrete Ribbon
  • Roof: Composition
  • View: Bay, Sound

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Heat Pump, Insert, Ductless Hp-Mini Split
  • Power Company: Jefferson County PUD
  • Sewer: Sewer Connected
  • Sewer Company: OWSI
  • Water Company: OWSI
  • Water Heater: Closet-Electric
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 207
  • Community Name: Ludlow Cove
  • Project: Ludlow Cove Cottages
  • Community Features: CCRs, Clubhouse, Golf Course, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: CHI

Lot Info

  • Lot Number: 2
  • Lot Details: Paved Street
  • Lot Sq Ft: 6539
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 968900002
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 4381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Nov 16, 2020
Sold by
Marks Cynthia Rae
Bought by
William Chilcote Kenneth and Chilcote Priscilla M
Seller's Agent
Chris Murphy
COMPASS
Buyer's Agent
Jamie Jensen
John L. Scott Port Ludlow
List Price
$559,000
Sold Price
$552,000
Premium/Discount to List
-$7,000
-1.25%
Total Days on Market
125
Current Estimated Value
$738,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,365
Avg. Annual Appreciation
6.17%
Original Mortgage
$414,000
Outstanding Balance
$375,063
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$345,935

Purchase Details

Closed on
Sep 19, 2017
Sold by
Port Ludlow Associates Llc
Bought by
Marks Cynthia Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,635
Interest Rate
4.25%
Mortgage Type
FHA

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
William Chilcote Kenneth $552,000 First American Title
Marks Cynthia Rae $473,814 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Chilcote Kenneth $414,000
Previous Owner Marks Cynthia R $31,500
Previous Owner Marks Cynthia Rae $327,635
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $552,000 0.0% $369 / Sq Ft
08/15/2020 08/15/20 Price Changed $552,000 -1.3% $369 / Sq Ft
07/21/2020 07/21/20 For Sale $559,000 -- $374 / 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
2023 $4,740 $598,342 $108,000 $490,342
2022 $4,597 $576,760 $103,000 $473,760
2021 $4,572 $501,689 $102,375 $399,314
2020 $4,382 $469,229 $98,438 $370,791
2019 $3,991 $432,832 $90,563 $342,269
2018 $4,489 $396,435 $82,688 $313,747
2017 $4,260 $394,888 $82,500 $312,388
2016 $4,416 $381,306 $82,500 $298,806
2015 -- $390,083 $75,000 $315,083
2014 -- $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1633313

Northwest Multiple Listing Service (NWMLS)

APN: 968900002