NOT LISTED FOR SALE

581 Fairmount Rd Port Townsend, WA 98368

Estimated Value: $740,000 - $982,958

1 Bed
1 Bath
840 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $550,000 $655 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,097/month

184 Days on Market

Highlights

  • Ocean Front
  • Deck
  • High Speed Internet
  • RV Access or Parking
  • Wooded Lot
  • Gated Home

About This Home

As of April 2020

Escape the busyness of the city to your own private beach cabin retreat featuring over 1.04 acres of manicured grounds, stunning Water views, 300ft of no bank waterfront access. Featuring a large modern style kitchen, new SS appliances, upgraded floors, and stunning counter tops.No CC&R's, perfect to be a full-time Air BNB,Room for 2nd dwelling, or extend off Cabin,R.V. hook up. Enjoy entertaining guests on a large sundeck that looks across a stunning 180-degree waterfront view of Discovery Bay.

Last Agent to Sell the Property

David Lothrop

The Preview Group License #135003 Listed on: 09/09/2019

The Preview Group

Last Buyer's Agent

Julie Berryman

JKB Brokerage, LLC License #75147

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1516423

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1956

Lot Details

  • Ocean Front
  • Property fronts a saltwater canal
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Wooded Lot
  • Value in Land

Property Views

  • Ocean
  • Bay
  • Territorial

Home Design

  • Cabin
  • Block Foundation
  • Metal Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate Flooring

Parking

  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Bulkhead
  • Deck

Utilities

  • Shared Well
  • Septic System
  • High Speed Internet

Community Details

  • Fairmount Community

Listing and Financial Details

  • Assessor Parcel Number 902241013

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,156

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, Loft
  • Floor Covering: Laminate
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 2
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 840
  • Square Footage Finished: 840
  • Square Footage Unfinished: 280

Exterior Features

  • Exterior: Cement/Concrete, Wood
  • Foundation: Concrete Block
  • Roof: Metal
  • View: Bay, Ocean, Territorial
  • Waterfront: Bulkhead, No Bank, Ocean, Saltwater
  • Waterfront Frontage: 300

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Ductless Hp-Mini Split
  • Power Company: PUD
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Heater: utility room-Electric
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Fairmount

Schools

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

Lot Info

  • Lot Details: Value In Land
  • Lot Dimensions: 45302.4
  • Lot Sq Ft: 45302
  • Lot Topography Vegetation: Level, Wooded
  • Parcel Number: 902241013
  • Lot Topography: Level, Wooded

Tax Info

  • Tax Amount: 1780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Apr 15, 2020
Sold by
Sea Kota Inc
Bought by
Reischling James F and Myrick Lynda
Seller's Agent
David Lothrop
The Preview Group
Buyer's Agent
Julie Berryman
JKB Brokerage, LLC
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Current Estimated Value
$861,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,240
Avg. Annual Appreciation
8.54%
Original Mortgage
$495,000
Outstanding Balance
$436,836
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$424,404
Source: Public Records

Range of Values:

Collateral Analytics

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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
Reischling James F $550,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reischling James F $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $550,000 -2.7% $655 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
01/01/2020 01/01/20 Price Changed $565,000 -5.8% $673 / Sq Ft
10/17/2019 10/17/19 Price Changed $599,950 -4.0% $714 / Sq Ft
09/09/2019 09/09/19 For Sale $625,000 -- $744 / 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 $6,156 $764,579 $543,125 $221,454
2023 $6,156 $726,315 $513,188 $213,127
2022 $6,188 $677,502 $483,750 $193,752
2021 $5,519 $609,982 $463,200 $146,782
2020 $1,780 $508,138 $373,588 $134,550
2019 $1,586 $159,849 $121,916 $37,933
2018 $1,378 $152,237 $116,110 $36,127
2017 $1,233 $114,796 $111,110 $3,686
2016 $1,128 $114,796 $111,110 $3,686
2015 $1,131 $114,796 $111,110 $3,686
2014 -- $114,796 $111,110 $3,686
2013 -- $114,795 $111,110 $3,685
Source: Public Records

Agents Affiliated with this Home

  • David Lothrop

    Seller's Agent in 2020

    David Lothrop

    The Preview Group

    (425) 299-6497

    42 Total Sales

    David Lothrop
    Section Image
  • Julie Berryman

    Buyer's Agent in 2020

    Julie Berryman

    JKB Brokerage, LLC

    (360) 271-6719

    168 Total Sales

    Julie Berryman
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1516423

Northwest Multiple Listing Service (NWMLS)

APN: 902241013

Washington Jefferson County Port Townsend 98368

581 Fairmount Rd, Port Townsend, WA

This home is located at 581 Fairmount Rd, Port Townsend, WA 98368 since 09 September 2019 and is currently estimated at $861,240, approximately $1,025 per square foot. This property was built in 1956. 581 Fairmount Rd 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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