NOT LISTED FOR SALE

Estimated Value: $841,000 - $922,000

2 Beds
2 Baths
2,079 Sq Ft
$423/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $625,000 $301 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,548/month

89 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Rooftop Deck
  • Views of a Sound
  • Community Boat Launch
  • RV Access or Parking

About This Home

As of October 2020

Private waterfront acreage estate. Sturdy dayite basement home could be 2 units. Needs remodeling - your touches. Spellbinding views of Filucy Bay, Mcdemot Pt, Manke Pt, Faraway Estate, McNeil Island. Detached oversize dbl car garage, hi clearance dbl carport + 36x20 hi-clearance RV warehouse-garage/shop bldg.Low-Medium Bank with short solid steel stairway to beachside terrace atop newer rock bulkhead. Steps to sand & gravel beach. Floating dock. Deep water anchorage.
Boatramp & Marina nearby.

Last Listed By

Robert Home

Windermere Prof Partners License #4033 Listed on: 05/28/2020

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1606271

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1973

Lot Details

  • 1.69 Acre Lot
  • Low Bank Waterfront Property
  • 93 Feet of Waterfront
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Gated Home
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Zoning described as R-10

Parking

  • 8 Car Detached Garage
  • Detached Carport Space
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,079 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Finished Basement
  • Natural lighting in basement

Bedrooms and Bathrooms

Outdoor Features

  • Bulkhead
  • Docks
  • Rooftop Deck
  • Outbuilding

Schools

  • Evergreen Elementary School
  • Key Peninsula Mid Middle School
  • Peninsula High School

Utilities

  • Mini Split Air Conditioners
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

Community Details

Overview

  • Secondary HOA Phone (253) 225-1004
  • Filucy Bay Subdivision

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,195

Year Built

Built in 1973

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1973
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2079
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: SA must fully participate to earn
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/1606271?w=Consumer&agent=16532
  • Special Features: None
  • Cumulative Days on Market: 188

Interior Features

  • Basement: Daylight, Finished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Ductless HP-Mini Split, Vaulted Ceiling(s)
  • Living Area: 2079
  • Main Level Bedrooms: 1
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 2079
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound, Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-Low, Bay/Harbor, Bulkhead, Saltwater, Sound
  • Waterfront: Yes
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • ConstructionMethods: Standard Frame
  • WaterfrontFootage: 93

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 8
  • Garage Spaces: 8
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, DetachedCarport, DetachedGarage, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: SecurityGate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Septic System, Electric, Individual Well
  • PowerCompany: Peninsula Light

Condo/Co-op/Association

  • Community Features: Boat Launch
  • Senior Community: No
  • Phone: 253-225-1004

Schools

  • Junior High Dist: Peninsula
  • High School: Peninsula High
  • Middle Or Junior School: Key Peninsula Mid

Lot Info

  • Parcel Number: 0020243027
  • Topography: Level
  • Lot Size Acres: 1.6896
  • Lot Size: 92.5 x 803+-
  • Lot Size Sq Ft: 73600
  • Zoning Description: R-10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Gated Entry,Moorage,Outbuildings,Rooftop Deck,RV Parking,Shop
  • MLSLotSizeSource: county
  • MLSSquareFootageSource: county
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6195

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Evergreen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Oct 20, 2020
Sold by
Graves Joni and Estate Of John Tudor Graves Jr
Bought by
Phillips Stephen John and Phillips Carrie
Seller's Agent
Robert Home
Windermere Prof Partners
Buyer's Agent
Mavis MacFarlane
HomeSmart Real Estate Assoc
List Price
$799,000
Sold Price
$625,000
Premium/Discount to List
-$174,000
-21.78%
Total Days on Market
89
Current Estimated Value
$878,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,827
Avg. Annual Appreciation
9.04%
Original Mortgage
$500,000
Outstanding Balance
$451,977
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$471,525

Purchase Details

Closed on
Jan 4, 2019
Sold by
Graves Joni
Bought by
Testamentary Graves John T and John T Graves Jr Testamentary Special Ne

Purchase Details

Closed on
Mar 1, 2000
Sold by
Jones Mary E
Bought by
Graves John T and Graves Ruth Marise

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
Phillips Stephen John $625,000 Wfg Natl Ttl Co Of Wa Llc
Testamentary Graves John T -- None Available
Graves John T $325,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Stephen John $500,000
Previous Owner Graves John T $90,000
Previous Owner Graves John T $220,000
Previous Owner Graves John T $50,000
Previous Owner Graves John T $142,400
Previous Owner Graves John T $145,000
Previous Owner Graves John T $90,000
Previous Owner Graves John T $50,000
Previous Owner Graves John T $103,000
Previous Owner Graves John T $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $625,000 -6.6% $301 / Sq Ft
09/02/2020 09/02/20 Price Changed $669,000 -7.0% $322 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $719,000 -4.0% $346 / Sq Ft
07/15/2020 07/15/20 Price Changed $749,000 -6.3% $360 / Sq Ft
05/28/2020 05/28/20 For Sale $799,000 -- $384 / 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 $7,824 $966,900 $539,600 $427,300
2023 $7,824 $871,300 $505,800 $365,500
2022 $7,217 $895,200 $458,600 $436,600
2021 $6,718 $625,100 $310,300 $314,800
2019 $5,607 $560,500 $250,400 $310,100
2018 $5,496 $529,100 $235,200 $293,900
2017 $4,835 $465,000 $212,500 $252,500
2016 $4,639 $401,200 $201,100 $200,100
2014 $5,278 $370,700 $167,100 $203,600
2013 $5,278 $356,900 $167,100 $189,800
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1606271

Northwest Multiple Listing Service (NWMLS)

APN: 002024-3027