NOT LISTED FOR SALE

Estimated Value: $1,298,000 - $1,796,000

4.11 Acres
$367,711 Price per Acre
179,001 Sq Ft Lot

Last Sold November 12, 2014

Last sale price $2,400,000 $854 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $8,721/month

392 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Bay View
  • Level Lot

About This Lot

As of November 2014

PRIME development site at Birch Bay! Formerly the Edgewater Resort. Located in the heart of the bay with 400 ft of road & beach frontage. Level, fully serviced, shovel ready site. Zoned Resort Commercial with up to an 88 unit potential. Mixed use residential/commercial permitted. Truly a once in a generation opportunity. Perfect for an investor or developer looking to the future. This may be the best & last site at Birch Bay for this type of development. Property includes second class tidelands.

Property Details

Property Type

  • Land

Lot Details

  • 4.11 Acre Lot
  • 400 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Zoning described as RC

Property Views

  • Bay Views
  • Strait Views

Schools

  • Blaine Elementary School
  • Blaine Mid Middle School
  • Blaine High School

Community Details

  • Birch Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 119790

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • PropertyFeatures: Recreational
  • LevelComment: Shovel Ready Site
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Bay, See Remarks, Strait
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Bay/Harbor, No Bank, Saltwater
  • Waterfront: Yes
  • Structure Type: Industrial
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: Southwest
  • WaterJurisdiction: Birch Bay Water & Sewer
  • WaterfrontFootage: 400 ft +/-

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: In Street

Condo/Co-op/Association

  • Community Features: Community Waterfront/Pvt Beach
  • Senior Community: No

Schools

  • Junior High Dist: Blaine
  • High School: Blaine High
  • Middle Or Junior School: Blaine Mid

Lot Info

  • Parcel Number: 119790
  • Topography: Level
  • Lot Size Acres: 4.1093
  • Lot Size: 400 ft +/- X 400 ft +/-
  • Lot Size Sq Ft: 179000
  • Zoning Description: RC
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningJurisdiction: County
  • ZoningClass: Commercial,Multi-Family,See Remarks

Tax Info

  • Year: 2013

MLS Schools

  • Elementary School: Blaine Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2012
Sold by
Vree John
Bought by
Vree John
Current Estimated Value
$1,511,034
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Vree John -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2014 11/12/14 Sold $2,400,000 -36.0% $854 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
05/15/2013 05/15/13 For Sale $3,750,000 -- $1,335 / 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
2025 $10,778 $1,541,116 $1,091,018 $450,098
2024 $10,423 $1,525,791 $1,080,169 $445,622
2023 $10,423 $1,525,791 $1,080,169 $445,622
2022 $10,260 $1,356,258 $960,150 $396,108
2021 $9,675 $1,144,967 $732,574 $412,393
2020 $9,454 $995,624 $637,021 $358,603
2019 $8,617 $937,017 $599,523 $337,494
2018 $8,384 $833,593 $533,350 $300,243
2017 $7,072 $730,859 $467,619 $263,240
2016 $7,307 $689,490 $441,150 $248,340
2015 $7,140 $687,214 $438,425 $248,789
2014 -- $655,638 $419,785 $235,853
2013 -- $648,486 $415,200 $233,286
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 488380

Northwest Multiple Listing Service (NWMLS)

APN: 400130-066370-0000