NOT LISTED FOR SALE

Estimated Value: $405,000 - $821,000

1 Bed
1 Bath
592 Sq Ft
$943/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $255,000 $431 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,125/month

63 Days on Market

Highlights

  • Views of a Sound
  • Wooded Lot
  • 1 Car Garage
  • Deck
  • 1-Story Property
  • Brush Vegetation

About This Home

As of February 2020

Mud Bay view cabin Estate Sale cozy one bedroom 592 sq. ft. fixer home with a dethatched garage with second floor studio with a bath room. Buildings Appears to have good bones. Total remodel required, being sold as is condition. The 3.5 acres is mostly wooded with a view of Mud Bay, Lopez Sound and the islands from the upper portion of the property Close to public access on Mud Bay.

Last Agent to Sell the Property

Gary Berg

Lopez Island Realty License #12112 Listed on: 10/16/2019

Last Buyer's Agent

Gary Berg

Lopez Island Realty License #12112 Listed on: 10/16/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1532329

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1960

Lot Details

  • 3.5 Acre Lot
  • Brush Vegetation
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Garage

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Cabin
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 592 Sq Ft Home
  • 1-Story Property
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Propane
  • Well
  • Septic Tank
  • Septic System

Community Details

  • Lopez Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 141814008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,604

Year Built

Built in 1960

Lot Details

3.5 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1960
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 592
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: Daylight
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 592
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 592
  • SquareFootageUnfinished: 264
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available, Wood
  • PowerCompany: Orcas Power & Light

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Lopez Island

Lot Info

  • Parcel Number: 141814008
  • Topography: Level,PartialSlope
  • Lot Size Acres: 3.5
  • Lot Size Sq Ft: 152460
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Outbuildings,Propane
  • MLSLotSizeSource: SJC Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Feb 10, 2020
Sold by
Lambert Mary Jane
Bought by
Strom Michael and Nelson Sara
Seller's Agent
Gary Berg
Lopez Island Realty
Buyer's Agent
Gary Berg
Lopez Island Realty
List Price
$290,000
Sold Price
$255,000
Premium/Discount to List
-$35,000
-12.07%
Current Estimated Value
$558,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,397
Avg. Annual Appreciation
14.03%

Purchase Details

Closed on
Feb 2, 2016
Sold by
Estate Of Henry Edward Ferchen
Bought by
Ferchen Sylvia J

Purchase Details

Closed on
Oct 27, 2015
Sold by
Ferchen Henry Edward
Bought by
Ferchen Sylvia J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Strom Michael $255,000 None Available
Ferchen Sylvia J -- None Available
Ferchen Sylvia J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $255,000 -12.1% $431 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $290,000 -- $490 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $3,087 $524,270 $302,670 $221,600
2023 $3,087 $502,680 $272,400 $230,280
2022 $1,949 $284,190 $191,170 $93,020
2021 $1,800 $231,350 $159,310 $72,040
2020 $1,832 $221,860 $159,310 $62,550
2019 $1,604 $227,990 $159,310 $68,680
2018 $1,698 $220,850 $197,900 $22,950
2017 $1,488 $198,210 $159,310 $38,900
2016 $1,442 $205,750 $167,270 $38,480
2015 $1,442 $204,550 $167,270 $37,280
2014 $1,442 $185,790 $152,060 $33,730
2012 $1,442 $229,490 $174,780 $54,710
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1532329

Northwest Multiple Listing Service (NWMLS)

APN: 141814-008-000

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