Listed by Redfin, Bought with COMPASS
NOT LISTED FOR SALE

9381 Reef Point Ln La Conner, WA 98257

Estimated Value: $1,228,000 - $1,775,499

3 Beds
2.5 Baths
2,064 Sq Ft
$765/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $2,000,000 $969 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $9,652/month

10 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Fruit Trees
  • Vaulted Ceiling
  • Bay View
  • Contemporary Architecture
  • Loft

About This Home

As of July 2022

First time on market! Exceptional, West-facing retreat on shy 1/2 acre w/ approx 100' of easy access waterfront & stunning views of the bay & Hope Island. NW contemporary custom build w/ massive vaulted wall of windows in pristine condition. Open plan great room living w/ custom, handmade & locally-sourced artistic touches throughout. Rare, fee-simple lot - no land lease! 10 min Kayak or SUP to Hope Island State Park. Bicycle enthusiasts will appreciate trips to Anacortes & Skagit Valley farm country. Minutes to DT La Conner. Fish, crab, and shellfish right out your door along with berries, apples, grapes, hops and an herb garden. Keep it all for yourself or AirBnB when not at home at $400-$500/night. Welcome to your Reef Point Experience!

Last Agent to Sell the Property

Derek House

Redfin License #22037740 Listed on: 05/27/2022

Redfin

Last Buyer's Agent

Wyatt Martin

COMPASS License #120689

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1939541

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,169

Year Built

  • Built in 2006

Lot Details

  • 0.4 Acre Lot
  • Low Bank Waterfront Property
  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • West Facing Home
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in very good condition

HOA Fees

  • $40 Monthly HOA Fees

Property Views

  • Bay
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,064 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Loft
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Generator Hookup
  • Shared Well
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Reef Point Community Bill Michaelson Association
  • Secondary HOA Phone (360) 466-2096
  • La Conner Subdivision

Listing and Financial Details

  • Assessor Parcel Number P65271

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,169

Year Built

Built in 2006

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 2006
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • New Construction: No
  • CalculatedSquareFootage: 2064
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,135

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Wired for Generator, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Loft, Vaulted Ceiling(s), Walk-In Pantry, Water Heater
  • Living Area: 2064
  • Main Level Bedrooms: 1
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 2064
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Bay, Territorial
  • Lot Features: Cul-De-Sac
  • View: Yes
  • Waterfront Features: Bank-Low, Bank-Medium, Bay/Harbor, Saltwater
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Shared Well
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Wood, Road Maintenance
  • HeatingCoolingType: Stove/Free Standing,Wall
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Skagit County Sewer District 1
  • WaterCompany: Reef Point Water Association
  • WaterHeaterLocation: Laundry
  • WaterHeaterType: Electric
  • CableConnected: Wave/Astound
  • InternetConnected: Wave/Astound

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 475
  • Association Fee Frequency: Annually
  • Phone: 360-466-2096
  • Association: Yes
  • AssociationContactName: Reef Point Community - Bill Michaelson

Schools

  • Junior High Dist: La Conner
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: P65271
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.396
  • Lot Size Sq Ft: 17250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: Realist- Buyer to Verify
  • MLSSquareFootageSource: Realist- Buyer to Verify
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: true

Tax Info

  • Year: 2022
  • Tax Annual Amount: 8169

Multi Family

  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 27, 2022
Sold by
Cowles Todd M and Cowles Holly B
Bought by
Pearce John W and Pearce Lindsay Mahler
Seller's Agent
Derek House
Redfin
Buyer's Agent
Wyatt Martin
COMPASS
List Price
$1,500,000
Sold Price
$2,000,000
Premium/Discount to List
$500,000
33.33%
Current Estimated Value
$1,593,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$406,661
Avg. Annual Appreciation
-9.37%
Original Mortgage
$648,000
Outstanding Balance
$624,145
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$852,797

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 17, 2022
Sold by
Cowles Todd M
Bought by
Cowles Todd M and Cowles Holly B
Seller's Agent
Derek House
Redfin
Buyer's Agent
Wyatt Martin
COMPASS
List Price
$1,500,000
Sold Price
$2,000,000
Premium/Discount to List
$500,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Outstanding Balance
$624,145
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$852,797

Purchase Details

Closed on
Oct 8, 2018
Sold by
Cowles Tanya H
Bought by
Cowles Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2018
Sold by
Anderson Willard and Anderson Marlene
Bought by
Cowles Todd M and Cowles Tanya H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2018
Sold by
Cowles Todd M
Bought by
Cowles Todd M and Cowles Tanya H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
Sold by
Anderson Willard and Anderson Marlene
Bought by
Cowles Todd M and Cowles Traci E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.52%
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
Pearce John W -- Chicago Title
Cowles Todd M -- Guardian Northwest Title Co
Cowles Todd M $320,000 Chicago Title
Cowles Todd M -- Chicago Title
Cowles Todd M -- Land Title Of Skagit County
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearce John W $648,000
Open Cowles Todd M $1,580,000
Closed Cowles Todd M $1,580,000
Previous Owner Cowles Todd M $447,000
Previous Owner Cowles Todd $450,000
Previous Owner Cowles Todd M $415,000
Previous Owner Cowles Todd M $360,000
Previous Owner Cowles Todd $50,000
Previous Owner Cowles Todd M $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $2,000,000 +33.3% $969 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $1,500,000 -- $727 / 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 $10,661 $1,249,900 $674,800 $575,100
2023 $10,661 $1,240,800 $674,800 $566,000
2022 $8,169 $1,058,900 $579,600 $479,300
2021 $8,437 $799,900 $470,400 $329,500
2020 $8,123 $740,000 $0 $0
2019 $8,565 $688,000 $0 $0
2018 $7,941 $735,800 $0 $0
2017 $6,797 $598,200 $0 $0
2016 $7,735 $540,000 $358,500 $181,500
2015 $8,101 $561,000 $379,500 $181,500
2013 $7,535 $561,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1939541

Northwest Multiple Listing Service (NWMLS)

APN: P65271