NOT LISTED FOR SALE

691 N Bay Way Port Ludlow, WA 98365

Estimated Value: $404,000 - $690,000

2 Beds
2 Baths
1,664 Sq Ft
$330/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $390,000 $234 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,171/month

16 Days on Market

Highlights

  • Water Views
  • Deck
  • Traditional Architecture
  • Boat or Launch Ramp
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of August 2021

Enjoy panoramic views of Mt. Baker and Oak Bay from this beautiful property in a wonderful neighborhood. Home was designed to capture the views, with lots of windows and great lighting throughout. Heat Pump/AC to stay comfortable. Wood-burning fireplace on the main level. Wrap-around balcony and new roof were installed in 2017. Open living area and large balcony create a great setting for relaxing, entertaining, watching ships pass or a good sunrise. Added potential with some TLC. Have a look today!

Last Agent to Sell the Property

Jake Tjernell

eXp Realty, LLC License #118486 Listed on: 06/28/2021

eXp Realty, LLC

Last Buyer's Agent

. Not MLS

Not MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1982

Lot Details

  • 0.27 Acre Lot
  • East or West Exposure
  • Landscaped
  • Irregular Lot
  • Sloped Lot
  • Raised Garden Beds
  • Property is zoned RR-5

Property Views

  • Water
  • Mountain

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Site Parking

Outdoor Features

  • Boat or Launch Ramp
  • Boat Ramp
  • Deck
  • Wood Patio
  • Outdoor Storage
  • Outbuilding

Utilities

  • Heating System Uses Wood
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic System

Additional Features

  • North or South Exposure
  • Pump House

Listing and Financial Details

  • Assessor Parcel Number 921292059

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,402

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Ceilings: Vaulted
  • Class: Residential
  • Heat: Free-Standing, Heat Pump, Stove, Wood
  • Level Entry Main: Full, Finished, Mbr, Full Bath, Kitchen, Utility Room, Great Room
  • Lot Dimensions: Irregular
  • Number Of Bedrooms: 2
  • Patio Deck: Deck, Wood
  • Recreation Facilities: Boat Launch
  • Road Access: Private
  • Sewage: Septic, Installed
  • Finished Sq Ft: 1664
  • Structure Type: 1 Story W/Basement
  • Style: Traditional
  • Assessor Parcel Number: 921292059
  • Type: Site Built/Single Res.
  • View: Salt Water & Mountains
  • View 2: Unobstructed Mountains, Unobstructed Salt Water
  • Waterfront: Boat Ramp
  • Year Built: 1982
  • Zoning Code: RR-5
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Washer
  • Dining Area: Island, Living-Dining
  • Floors: Hardwood, Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan
  • Level Lower: Finished, Daylight, Br2, Full Bath, Exterior Entry

Exterior Features

  • Exterior Features: Outbuilding, Pump House, Storage
  • Number Of Acres: 0.27
  • Roof: Composition
  • Siding: Fiber Cement

Garage/Parking

  • Driveway: Paved
  • Parking: On Site

Utilities

  • Water: Private, Well

Schools

  • School District: 49-Chimacum
  • Schools: Chimacum Hs

Lot Info

  • Lot Description: Irregular
  • Topography: Medium Slope, Northern Exposure, Southern Exposure, Eastern Exposure, Western Exposure

Multi Family

  • Number Of Units: 1

Tax Info

  • Taxes Dollar: 2402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 10, 2021
Sold by
Southworth Thomas J
Bought by
Gerrish Alexander Li and Gerrish Krister Denise
Seller's Agent
Jake Tjernell
eXp Realty, LLC
Buyer's Agent
. Not MLS
Not MLS Office
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Current Estimated Value
$549,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,776
Avg. Annual Appreciation
8.67%
Original Mortgage
$344,250
Outstanding Balance
$313,030
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$236,746
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
Gerrish Alexander Li $405,000 First Amer Ttl Of Jefferson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerrish Alexander Li $344,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $390,000 -8.2% $234 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $425,000 -- $255 / Sq Ft
Source: Olympic Listing Service

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 $2,935 $394,866 $141,900 $252,966
2023 $2,935 $365,967 $124,000 $241,967
2022 $2,448 $349,968 $119,000 $230,968
2021 $2,402 $262,720 $108,750 $153,970
2020 $2,280 $242,615 $100,050 $142,565
2019 $2,207 $222,510 $91,350 $131,160
2018 $2,305 $216,807 $91,350 $125,457
2017 $2,249 $201,052 $87,000 $114,052
2016 $1,918 $201,052 $87,000 $114,052
2015 $1,890 $170,404 $82,000 $88,404
2014 -- $170,404 $82,000 $88,404
2013 -- $170,405 $82,000 $88,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Olympic Listing Service

MLS Number: 351131

Olympic Listing Service

APN: 921292059