NOT LISTED FOR SALE

7162 Orcas Rd Orcas, WA 98280

Estimated Value: $3,793,000 - $9,490,000

3 Beds
1 Bath
4,566 Sq Ft
$1,478/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $7,300,000 $1,599 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $40,200/month

50 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Views of a Sound
  • Craftsman Architecture
  • Orcas Island High School Rated A
  • Docks
  • Fruit Trees

About This Home

As of April 2021

EXTRAORDINARY WEST SOUND WATERFRONT Amazing low bank shoreline estate with year-round sunsets, walk out beach, and 40' protected, deep-water joint use dock. Main house renovation, not yet completed, designed by premier Seattle architect George Suyama provides a stunning modern design for the classic structure. Large 3BD, 3BA main house & separate 2 bedroom, 2 bathroom guest house. Light-filled, open concept design with spacious deck ideal for entertaining. Over 31 pastoral acres, infinitely private, with gardens, fruit trees, a pond & plenty of room for a gentleman's farm. Fiber optic installed & finishing touches in process. Located minutes to the ferry landing & Orcas amenities, including grocery store, restaurants, shops, & post office.

Last Listed By

Wally Gudgell

COMPASS License #11589 Listed on: 12/11/2020

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1697663

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,320

Year Built

  • Built in 1996

Lot Details

  • Low Bank Waterfront Property
  • Property fronts a saltwater canal
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Value in Land

Parking

  • Detached Garage

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Views of a Sound
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tideland Water Rights
  • Docks
  • Deck

Utilities

  • Well
  • Septic System
  • High Speed Internet

Community Details

  • Orcas Community

Listing and Financial Details

  • Assessor Parcel Number 261614001

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,320

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1996
  • 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, Jetted Tub, Loft, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4566
  • Square Footage Finished: 4566

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Sound
  • Waterfront: Bank-Low, Bank-Medium, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 640

Garage/Parking

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

Utilities

  • Heating And Cooling: Heat Pump
  • Power Company: OPALCO
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Heater: Basement-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Orcas

Schools

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

Lot Info

  • Lot Details: Paved Street, Secluded, Value In Land
  • Lot Sq Ft: 1353427
  • Lot Topography Vegetation: Brush, Fruit Trees, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 261614001
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Fruit Trees, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 29206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Apr 12, 2021
Sold by
Debroglio Michael F
Bought by
West Sound Garden Llc
Seller's Agent
Wally Gudgell
COMPASS
Buyer's Agent
Mary Clure
Orcas Island Realty
List Price
$7,500,000
Sold Price
$7,300,000
Premium/Discount to List
-$200,000
-2.67%
Total Days on Market
50
Current Estimated Value
$6,750,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$549,989
Avg. Annual Appreciation
1.87%

Purchase Details

Listed on
Apr 10, 2017
Closed on
Oct 4, 2018
Sold by
Moukhomadeeva Safiya and Broglio Michael F
Bought by
Broglio Michael F
Seller's Agent
Wally Gudgell
COMPASS
Buyer's Agent
Sam Buck
Coldwell Banker San Juan Is.
List Price
$4,500,000
Sold Price
$4,000,000
Premium/Discount to List
-$500,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.84%
Original Mortgage
$2,800,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
West Sound Garden Llc $7,300,000 San Juan Title Llc
Broglio Michael F -- Chicago Title
Debroglio Michael F -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broglio Michael F De $2,765,891
Previous Owner Debroglio Michael F $2,800,000
Previous Owner Haslett Haslett A $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $7,300,000 -2.7% $1,599 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $7,500,000 +87.5% $1,643 / Sq Ft
10/11/2018 10/11/18 Sold $4,000,000 -11.1% $876 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
04/10/2017 04/10/17 For Sale $4,500,000 -- $986 / 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 $33,320 $6,284,660 $1,274,050 $5,010,610
2022 $35,018 $5,976,500 $1,274,830 $4,701,670
2021 $26,584 $4,687,620 $1,062,360 $3,625,260
2020 $29,206 $3,471,280 $1,062,360 $2,408,920
2019 $19,979 $3,717,430 $996,880 $2,720,550
2018 $16,246 $2,523,550 $997,350 $1,526,200
2017 $13,336 $2,046,000 $890,310 $1,155,690
2016 $16,089 $1,853,240 $934,420 $918,820
2015 $16,089 $1,955,060 $1,038,230 $916,830
2014 $16,089 $2,333,020 $993,970 $1,339,050
2012 $16,089 $2,086,700 $927,280 $1,159,420
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1697663

Northwest Multiple Listing Service (NWMLS)

APN: 261614-001-000