NOT LISTED FOR SALE

740 N Bay Way Port Ludlow, WA 98365

Estimated Value: $979,000 - $1,436,508

2 Beds
2.5 Baths
2,824 Sq Ft
$443/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $1,400,000 $496 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $7,620/month

Highlights

  • Low Bank Waterfront Property
  • Community Boat Launch
  • Wood Burning Stove
  • Views of a Sound
  • Deck
  • Contemporary Architecture

About This Home

As of October 2023

Outstanding panoramic views of Mt Baker, shipping lanes & wildlife from nearly every room in this 2824 sq ft custom-built home. Two BR, 2.5 baths, Brazilian cherry floors, gourmet kitchen, new appliances, open floor plan, primary BR on main, 2 propane fireplaces & tons of storage. 220 feet of low-bank waterfront on a shy acre. Adjacent community boat ramp. Enjoy fishing, crabbing, & kayaking, or simply relax in peace & quiet. Watch eagles, otters & porpoises from 2 decks & 3 outdoor seating areas. Lovely drought tolerant gardens. The ultimate heated 3 car garage w/RV door, 50-amp, 220, LED lights, TV & deluxe metal cabinets. Septic, well & generator. Close to Port Townsend, parks, marinas. Don't miss out- see this dream waterfront property!

Last Agent to Sell the Property

Teri Nomura

Bell Tower Brokers License #20757 Listed on: 09/19/2023

Co-Listed By

Ginny Erickson

Windermere R.E. Port Townsend License #22008020

Last Buyer's Agent

Robyn Garing

Windermere R.E. Port Townsend License #127241

Windermere R.E. Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2162899

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,746

Year Built

  • Built in 1997

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 135x42x223x220x209
  • Low Bank Waterfront Property
  • 220 Feet of Waterfront
  • Home fronts a sound
  • Street terminates at a dead end
  • Northeast Facing Home
  • Sloped Lot
  • Garden
  • Drought Tolerant Landscaping
  • Property is in very good condition
  • Zoning described as RR 1:5

Parking

  • 3 Car Detached Garage

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 2,824 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Stove
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Slate Flooring
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Chimacum Creek Prima Elementary School
  • Chimacum Mid Middle School
  • Chimacum High School

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Generator Hookup
  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot long legal
  • Assessor Parcel Number 921292014

Community Details

Overview

  • No Home Owners Association
  • Oak Bay Subdivision

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,746

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1997
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,TrashCompactor,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2824
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: true
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Trash Compactor, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Slate, Vinyl Plank, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wired for Generator, Fireplace, Water Heater
  • Living Area: 2824
  • Main Level Bedrooms: 1
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2824
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Trash Compactor,Washer
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Metal
  • View: Bay, Mountain(s), Sound, Territorial
  • Lot Features: Dead End Street, Drought Res Landscape
  • View: Yes
  • Waterfront Features: Bank-Low, Bank-Medium, Saltwater, Sound
  • Waterfront: Yes
  • Direction Faces: Northeast
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame
  • WaterfrontFootage: 220

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Radiant, Stove/Free Standing, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD #1
  • SewerCompany: septic
  • WaterCompany: well
  • WaterHeaterLocation: Lower utility room
  • WaterHeaterType: Electric
  • CableConnected: Astound
  • InternetConnected: Astound

Condo/Co-op/Association

  • Community Features: Boat Launch
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Chimacum #49
  • High School: Chimacum High
  • Middle Or Junior School: Chimacum Mid

Lot Info

  • Parcel Number: 921292014
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.99
  • Lot Size: 135x42x223x220x209
  • Lot Size Sq Ft: 43124
  • Zoning Description: RR 1:5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Outbuildings,Patio,Propane,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • LotNumber: long legal

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7746

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Chimacum Creek Prima

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 2, 2023
Sold by
Erickson David G and Erickson Kathleen A
Bought by
Fossil Llc
Seller's Agent
Teri Nomura
Bell Tower Brokers
Buyer's Agent
Robyn Garing
Windermere R.E. Port Townsend
List Price
$1,400,000
Sold Price
$1,400,000
Views
21
Current Estimated Value
$1,250,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$149,373
Avg. Annual Appreciation
-6.35%
Original Mortgage
$750,000
Outstanding Balance
$738,566
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$512,061

Purchase Details

Listed on
Sep 18, 2015
Closed on
Oct 26, 2015
Sold by
Croft James W and Croft Linda K
Bought by
Erickson David G and Erickson Kathleen A
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Teri Hewson
John L. Scott, Inc.
List Price
$629,500
Sold Price
$615,000
Premium/Discount to List
-$14,500
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%

Purchase Details

Closed on
Jul 6, 2012
Sold by
Zimmer Carl W and Zimmer Catherine H
Bought by
Croft James W and Croft Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2006
Sold by
Deering George and Deering Christine
Bought by
Zimmer Carl W and Zimmer Catherine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Fossil Llc -- Jefferson Title Company
Erickson David G $615,000 First American Title
Croft James W $550,000 First American Title Of Jeff
Zimmer Carl W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fossil Llc $750,000
Previous Owner Croft James W $417,000
Previous Owner Zimmer Carl W $662,500
Previous Owner Zimmer Carl W $990,000
Previous Owner Deering George W $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $1,400,000 0.0% $496 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $1,400,000 +127.6% $496 / Sq Ft
10/30/2015 10/30/15 Sold $615,000 -1.6% $218 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
10/05/2015 10/05/15 Price Changed $625,000 -0.7% $221 / Sq Ft
09/18/2015 09/18/15 For Sale $629,500 -- $223 / 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 $8,151 $1,033,661 $570,280 $463,381
2022 $7,211 $1,007,598 $565,280 $442,318
2021 $7,071 $789,344 $466,050 $323,294
2020 $6,700 $728,112 $428,766 $299,346
2019 $6,533 $666,881 $391,482 $275,399
2018 $6,900 $654,907 $391,482 $263,425
2017 $6,730 $612,317 $372,840 $239,477
2016 $6,969 $612,317 $372,840 $239,477
2015 $6,877 $624,946 $427,480 $197,466
2014 -- $624,946 $427,480 $197,466
2013 -- $624,945 $427,480 $197,465
Source: Public Records

Agents Affiliated with this Home

  • Teri Nomura

    Seller's Agent in 2023

    Teri Nomura

    Bell Tower Brokers

    (360) 531-1602

    85 Total Sales

    Teri Nomura
    Section Image
  • Ginny Erickson

    Seller Co-Listing Agent in 2023

    Ginny Erickson

    Sally Bowman Real Estate

    (206) 250-5144

    27 Total Sales

    Ginny Erickson
    Section Image
  • Robyn Garing

    Buyer's Agent in 2023

    Robyn Garing

    Sally Bowman Real Estate

    (360) 301-2324

    99 Total Sales

    Robyn Garing
    Section Image
  • Chris Nye

    Seller's Agent in 2015

    Chris Nye

    MLS4owners.com

    (253) 460-1900

    973 Total Sales

    Chris Nye
    Section Image
  • Teri Hewson

    Buyer's Agent in 2015

    Teri Hewson

    John L Scott

    (360) 731-7260

    53 Total Sales

    Teri Hewson
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2162899

Northwest Multiple Listing Service (NWMLS)

APN: 921292014

Washington Jefferson County Port Ludlow 98365

740 N Bay Way, Port Ludlow, WA

This home is located at 740 N Bay Way, Port Ludlow, WA 98365 since 19 September 2023 and is currently estimated at $1,250,627, approximately $442 per square foot. This property was built in 1997. 740 N Bay Way is a home located in Jefferson County with nearby schools including Chimacum Creek Primary School, Chimacum School Pi Program, and Chimacum Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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