NOT LISTED FOR SALE

641 Olele Point Rd Port Ludlow, WA 98365

Estimated Value: $1,034,000 - $1,259,000

2 Beds
2 Baths
1,496 Sq Ft
$774/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $711,000 $475 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,759/month

7 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • 1 Fireplace
  • RV Access or Parking
  • Wood Flooring
  • Attached Garage

About This Home

As of July 2018

Life is better on the beach - and in this amazing custom waterfront home. Have endless fun on the easy-to-access sand beach and watching the ever changing views. The open floor plan features vaulted ceilings, radiant floor heat and a floor-to-ceiling rock-faced gas fireplace. Main level master with a walk-in tiled shower and of course, fabulous water views. The efficient, granite-tiled kitchen offers stainless steel appliances and cherry cabinetry. Finished bonus room over the 2 car shop/garage.

Last Agent to Sell the Property

Karen Best

Coldwell Banker Best Homes License #9186 Listed on: 06/18/2018

Coldwell Banker Best Homes

Co-Listed By

Caroline Erickson

Realty One Group Pacifica License #133421

Last Buyer's Agent

Christine Cray

RE/MAX FIRST Inc Port Townsend License #88214

RE/MAX FIRST Inc Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1302434

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,155

Year Built

  • Built in 2004

Lot Details

  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Level Lot

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Stone

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Outbuilding

Utilities

  • Propane
  • Shared Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Oak Bay Community

Listing and Financial Details

  • Assessor Parcel Number 977400002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,155

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Kitchen: Main
  • Estimated Sq Ft: 1496
  • Square Footage Finished: 1496

Exterior Features

  • Exterior: Cement/Concrete, Stone
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Medium, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 119

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Radiant, Hot Water Recirc Pump
  • Power Company: PUD
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Oak Bay
  • Project: OLELE POINT

Schools

  • School District: CHI

Lot Info

  • Lot Number: 4 & 5
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 31363
  • Lot Topography Vegetation: Level
  • Parcel Number: 977400002
  • Zoning Jurisdiction: County
  • Lot Topography: Level

Tax Info

  • Tax Amount: 6022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Hussey Leon Ranlett and Hussey Linda Ellen
Bought by
Hussey Revocable Living Trust and Hussey
Current Estimated Value
$1,157,921

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jul 3, 2018
Sold by
Eickhof Brasfidld D and Eickhof Laura A
Bought by
Hussey Leon R and Hussey Linda E
Seller's Agent
Karen Best
Coldwell Banker Best Homes
Buyer's Agent
Christine Cray
RE/MAX FIRST Inc Port Townsend
List Price
$599,000
Sold Price
$711,000
Premium/Discount to List
$112,000
18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Mar 25, 2010
Sold by
County Of Jefferson
Bought by
Brasfield Michael D and Eickhoff Laura A
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
Hussey Revocable Living Trust $313 None Listed On Document
Hussey Leon R $711,000 First American Title
Brasfield Michael D $2,200 None Available
Brasfield Michael D $2,250 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2018 07/16/18 Sold $711,000 +18.7% $475 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $599,000 -- $400 / 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 $7,155 $974,299 $438,988 $535,311
2023 $7,155 $906,117 $394,080 $512,037
2022 $6,356 $868,919 $389,080 $479,839
2021 $6,237 $694,790 $322,050 $372,740
2020 $5,916 $641,416 $296,286 $345,130
2019 $5,736 $588,042 $270,522 $317,520
2018 $6,022 $574,236 $270,522 $303,714
2017 $5,874 $533,744 $257,640 $276,104
2016 $5,135 $533,744 $257,640 $276,104
2015 $5,066 $459,891 $252,640 $207,251
2014 -- $459,891 $252,640 $207,251
2013 -- $459,890 $252,640 $207,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1302434

Northwest Multiple Listing Service (NWMLS)

APN: 977400002