Listed by Port Ludlow Brokers LLC
NOT LISTED FOR SALE

Estimated Value: $569,000 - $683,000

3 Beds
2 Baths
1,660 Sq Ft
$544/mo HOA Fee

Last Sold July 20, 2020

Last sale price $366,000 $220 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,231/month

123 Days on Market

Highlights

  • Unit is on the top floor
  • Waterfront
  • Secluded Lot
  • Bay View
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of July 2020

WATERSIDE LIVING - FULL VIEW OF INNER HARBOR & LUDLOW BAY - OPEN CONCEPT: LIVING, DINING, KITCHEN & LARGE DECK AREAS SURROUND W/ SPACIOUSNESS & LIGHT - SOME REMODELING IN KITCHEN & BATHS - MAIN FLOOR BDRMS - EASY STAIRS TO UPPER LEVEL VIEW LOFT & BONUS RM - EXPERIENCE UP CLOSE: BOAT, SEAPLANE, WILDLIFE, MARINA ACTIVITIES - MINUTES TO TRAILS, GOLF, PICKLE BALL, TENNIS, POOLS, RESORT AMENITIES - 2 HRS TO SEATTLE, SEA-TAC, OLYMPICS & COAST - THIS COULD BE YOUR HOME OR YOUR "HOME AWAY FROM HOME"

Last Agent to Sell the Property

Sally Derrig

Port Ludlow Brokers LLC License #50844 Listed on: 02/21/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1562019

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1971

Lot Details

  • Waterfront
  • End Unit
  • Street terminates at a dead end

HOA Fees

  • $544 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Schools

  • Chimacum Elementary School
  • Chimacum Mid Middle School
  • Chimacum High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 990200017

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, water/sewer
  • 30 Units
  • Mike Derrig Association
  • Secondary HOA Phone (360) 531-3113
  • Port Ludlow Condominiums
  • North Bay Condos Subdivision
  • Park Phone (360) 531-3113 | Manager MIKE DERRIG

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,684

Year Built

Built in 1971

Lot Details

0

HOA Fees

$544 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 34 - Condo (3 Levels)
  • Year Built: 1971
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: PORT LUDLOW CONDOMINIUMS
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 1660
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 8
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Primary Bath,Top Floor,Vaulted Ceilings
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 3
  • Stories: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • StorageNo: 91-5
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Range/Oven,Refrigerator,Washer
  • StorageLocation: GROUND LEVEL

Exterior Features

  • Roof: Composition
  • View: Bay
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • BusLineNearby: false

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 91-5

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Wood, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: HALL CLOSET
  • WaterHeaterType: ELECTRIC 50 GALLON

Condo/Co-op/Association

  • Community Features: Cable TV, Outside Entry
  • Park Manager Name: MIKE DERRIG
  • Park Manager Phone: 360-531-3113
  • Association Fee: 544
  • Association Fee Frequency: Monthly
  • Phone: 360-531-3113
  • Pets Allowed: See Remarks, Yes
  • AssociationContactName: MIKE DERRIG
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,High Speed Int Avail,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Water/Sewer

Schools

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

Lot Info

  • Parcel Number: 990200017
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: COUNTY

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3684

Multi Family

  • Number Of Units In Community: 30
  • UnitsInBuildingTotal: 6

MLS Schools

  • Elementary School: Chimacum Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jul 13, 2020
Sold by
Hudson Bruce H and Hudson Marilyn S
Bought by
Lewis Ernest R and Lewis Martha L
Seller's Agent
Sally Derrig
Port Ludlow Brokers LLC
List Price
$399,000
Sold Price
$366,000
Premium/Discount to List
-$33,000
-8.27%
Current Estimated Value
$622,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,195
Avg. Annual Appreciation
10.72%
Original Mortgage
$292,800
Outstanding Balance
$259,636
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$362,559
Source: Public Records

Range of Values:

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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
Lewis Ernest R $366,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Ernest R $292,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $366,000 -8.3% $220 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $399,000 -- $240 / 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 $4,495 $585,320 $221,000 $364,320
2023 $4,495 $569,480 $221,000 $348,480
2022 $3,756 $494,520 $195,000 $299,520
2021 $3,845 $410,670 $157,950 $252,720
2020 $3,684 $395,460 $152,100 $243,360
2019 $3,604 $365,040 $140,400 $224,640
2018 $3,400 $359,640 $135,000 $224,640
2017 $3,131 $299,700 $112,500 $187,200
2016 $2,864 $280,950 $93,750 $187,200
2015 $2,481 $252,793 $71,875 $180,918
2014 -- $219,820 $62,500 $157,320
2013 -- $219,820 $62,500 $157,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1562019

Northwest Multiple Listing Service (NWMLS)

APN: 990200017