NOT LISTED FOR SALE

787 Olele Point Rd Port Ludlow, WA 98365

Estimated Value: $1,837,000 - $2,461,189

3 Beds
1 Bath
2,140 Sq Ft
$977/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $2,225,000 $1,040 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $12,857/month

10 Days on Market

Highlights

  • Boathouse
  • Views of a Sound
  • Deck
  • Low Bank Waterfront Property
  • Fruit Trees
  • Secluded Lot

About This Home

As of August 2021

Extraordinary waterfront treasure at Olele Point! Beyond the wrought-iron gate an exquisite canvas of velvet green lawns, majestic white pines and a stately, one of a kind manor all framed by 600’ of the pristine waters of Admiralty Inlet & Oak Bay. Profound natural beauty with astute privacy and endless mesmerizing vistas punctuate the signature, custom built home. Art becomes life through purposeful design, unparalleled quality, artisanal craftsmanship and exquisite materials. Wrapped in stone, dressed in Pennsylvania Bluestone, Honduras Mahogany and Italian marble and roofed in copper all of the details evoke strength and luxury. The windswept grounds sing romance, invite gatherings and promote happiness, a rare find not to be missed!

Last Agent to Sell the Property

Ty Evans

Windermere RE Bainbridge License #18714 Listed on: 06/07/2021

Windermere RE Bainbridge

Co-Listed By

Rick Franz

Windermere Real Estate/East License #1956

Last Buyer's Agent

Chris Periot

360 Real Estate Group License #124716

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1780225

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,051

Year Built

  • Built in 1993

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Metal Roof
  • Stone

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boathouse
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Propane
  • Shared Well
  • Septic System
  • High Speed Internet

Community Details

  • Port Ludlow Community

Listing and Financial Details

  • Assessor Parcel Number 977400008

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,051

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1993
  • 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, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet, Q
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 5
  • Bedrooms: 3.00
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Upper
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2715
  • Square Footage Finished: 2140

Exterior Features

  • Exterior: Stone
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Mountain, Sound, Territorial
  • Waterfront: Bank-Low, Bank-Medium

Garage/Parking

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

Utilities

  • Heating And Cooling: Radiant
  • Power Company: Jefferson PUD
  • Septic Approved for Number of Bedrooms: 5
  • Sewer: Septic
  • Water Heater: Mechanical Room-Propane
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Port Ludlow

Schools

  • Elementary School: Chimacum Creek Prima
  • Middle School: Chimacum Mid
  • High School: Chimacum High
  • School District: CHI

Lot Info

  • Lot Number: 11 & 12
  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 252648
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 977400008
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 12249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
Richard Helm
Bought by
Helm Richard and Ecklund Katrina
Current Estimated Value
$2,090,730

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 10, 2021
Sold by
Ecklund Katrina
Bought by
Helm Richard
Seller's Agent
Ty Evans
Windermere RE Bainbridge
Buyer's Agent
Chris Periot
360 Real Estate Group
List Price
$2,198,000
Sold Price
$2,225,000
Premium/Discount to List
$27,000
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.68%

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 2, 2021
Sold by
Dunlap Barbara and Dunlap Ronald
Bought by
Helm Richard
Seller's Agent
Ty Evans
Windermere RE Bainbridge
Buyer's Agent
Chris Periot
360 Real Estate Group
List Price
$2,198,000
Sold Price
$2,225,000
Premium/Discount to List
$27,000
1.23%
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
Helm Richard -- First American Title
Helm Richard -- Jefferson Title Company
Helm Richard $2,225,000 Jefferson Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Helm Richard $950,000
Previous Owner Helm Richard $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $2,225,000 +1.2% $1,040 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $2,198,000 -- $1,027 / 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 $15,051 $1,916,743 $1,031,708 $885,035
2022 $12,532 $1,871,514 $1,026,708 $844,806
2021 $12,249 $1,377,495 $876,291 $501,204
2020 $11,600 $1,270,266 $806,188 $464,078
2019 $11,332 $1,163,035 $736,084 $426,951
2018 $12,004 $1,144,472 $736,084 $408,388
2017 $11,708 $1,072,295 $701,033 $371,262
2016 $10,895 $1,072,295 $701,033 $371,262
2015 $10,753 $978,169 $696,033 $282,136
2014 -- $978,169 $696,033 $282,136
2013 -- $978,170 $696,035 $282,135
Source: Public Records

Agents Affiliated with this Home

  • Ty Evans

    Seller's Agent in 2021

    Ty Evans

    Windermere Corporate

    (206) 795-0202

    191 Total Sales

    Ty Evans
    Section Image
  • Rick Franz

    Seller Co-Listing Agent in 2021

    Rick Franz

    Windermere Corporate

    (206) 999-9718

    114 Total Sales

    Rick Franz
    Section Image
  • Chris Periot

    Buyer's Agent in 2021

    Chris Periot

    360 Real Estate Group

    (360) 731-1874

    19 Total Sales

    Chris Periot
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1780225

Northwest Multiple Listing Service (NWMLS)

APN: 977400008

Washington Jefferson County Port Ludlow 98365

787 Olele Point Rd, Port Ludlow, WA

This home is located at 787 Olele Point Rd, Port Ludlow, WA 98365 since 07 June 2021 and is currently estimated at $2,090,730, approximately $976 per square foot. This property was built in 1993. 787 Olele Point Rd 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.

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Based on information submitted to the MLS GRID

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