NOT LISTED FOR SALE

Estimated Value: $699,530 - $869,000

2 Beds
2 Baths
1,148 Sq Ft
$708/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $461,500 $402 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,808/month

5 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Wooded Lot
  • Tideland Water Rights
  • Views of a Sound
  • Garden
  • Brush Vegetation

About This Home

As of August 2017

A dreamy & quaint cabin retreat on the western shores of Marrowstone Island. This sweet, rustic wood cabin has lots of natural light with large windows, vaulted ceilings and bedrooms/bathrooms on both levels. Located on low-bank waterfront this sunny lot offers lots of outdoor living with a large deck for relaxing, beachfront with ownership of tidelands and lots of open grass area for yard games, garden space & an established pickle ball court. An island escape with views you don’t want to miss.

Last Agent to Sell the Property

Jan Garing

Windermere R.E. Port Townsend License #12925 Listed on: 07/05/2017

Windermere R.E. Port Townsend

Last Buyer's Agent

Gina Johnston

Windermere R.E. Port Townsend License #49540

Windermere R.E. Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1155294

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,867

Year Built

  • Built in 1981

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Brush Vegetation
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • Off-Street Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Cabin
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Tideland Water Rights
  • Outbuilding

Community Details

  • West Marrowstone Community

Listing and Financial Details

  • Assessor Parcel Number 021324016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,867

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Cabin
  • Homebuilder: Rod Lovegren
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Vaulted Ceilings
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1148
  • Square Footage Finished: 1148

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Bay, Mountain
  • Waterfront: Bank-Low, Bay, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Type: Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard, Stove/Free Standing
  • Power Company: PUD #1
  • Septic Approved for Number of Bedrooms: 2
  • Water Company: PUD #1
  • Water Heater: electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: West Marrowstone
  • Community Features: Community Waterfront/Pvt Beach

Schools

  • Elementary School: Chimacum Creek Prima
  • Middle School: Chimacum Mid
  • High School: Chimacum High
  • School District: CHI

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 31363
  • Lot Topography Vegetation: Brush, Garden Space, Level, Wooded
  • Parcel Number: 021324016
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Garden Space, Level, Wooded

Tax Info

  • Tax Amount: 3032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Aug 15, 2017
Sold by
Backman Mark Steven and Backman Mark
Bought by
Diaz Jessie Christopher N and Diaz Maria Lou A
Seller's Agent
Jan Garing
Windermere R.E. Port Townsend
Buyer's Agent
Gina Johnston
Windermere R.E. Port Townsend
List Price
$450,000
Sold Price
$461,500
Premium/Discount to List
$11,500
2.56%
Current Estimated Value
$812,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,883
Avg. Annual Appreciation
7.42%
Original Mortgage
$415,350
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2012
Sold by
Backman Mark Steven
Bought by
Backman Mark Steven and Backman William Harld
Source: Public Records

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
Diaz Jessie Christopher N $461,500 First American Title
Backman Mark Steven -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Jessie Christopher N $402,000
Closed Diaz Jessie Christopher N $415,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $461,500 +2.6% $402 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $450,000 -- $392 / 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 $3,867 $482,207 $297,500 $184,707
2022 $3,733 $463,638 $292,500 $171,138
2021 $3,910 $414,124 $278,300 $135,824
2020 $3,689 $408,900 $278,300 $130,600
2019 $3,445 $374,252 $254,100 $120,152
2018 $3,861 $351,704 $242,000 $109,704
2017 $3,020 $346,480 $242,000 $104,480
2016 $3,032 $288,070 $237,000 $51,070
2015 $2,990 $288,070 $237,000 $51,070
2014 -- $288,070 $237,000 $51,070
2013 -- $285,640 $237,000 $48,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1155294

Northwest Multiple Listing Service (NWMLS)

APN: 021324016