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1030 Timber Lane

1030 Timber Lane, Freeland, WA 98249
Property in Island
Sold Jun 24, 2022
$375,000
Sold Jun 09, 2017
$199,000
$189,050 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2047
1030 Timber Lane in Freeland, WA was first built in 2001 and is 23 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a mobile home style. It is a single story home. There is a 1 partial bathroom. 1030 Timber Lane has 1,215 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,286 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a flat style roof made of aluminum. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a evaporative cooler. As for heating, the home is utilizing electric heaters and being fueled with electricity. The property was last sold in Jun 6, 2022 for $375,000. That's $308.64 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2017 for $199,000. 1030 Timber Lane was last assessed in 2023. The total value of the property was assessed at $235,065. Specifically, the land the property is located on was valued at $120,000. While improvements on the property were assessed at a total of $115,065. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,475. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Quality: D
  • Building Style: Mobile home
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Aluminium
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,286
  • Total Building Area: 1,215
  • Gross Building Area: 1,215
  • Building Area: 1,215
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Electric
  • Heated Square Feet: 1,215
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYWOOD
  • Land Acres: 0.19
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • County Land Use Code: Pipeline or right-of-way
  • Mobile Home Indicator: T
  • Legal Description 1: BAYWOOD LOT 34 TGW 1/36TH INT E32

Ownership

  • Current Owner : MCCORMACK JEFFREY
  • Current Owner 2: MCCORMACK SHARLA
  • Previous Owner : JONES MATTHEW R
  • Owner Before Previous Owner: TADIQUE JARED
  • Owner Before Previous Owner 2: YOUNG REBECCA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: South Whidbey School District
  • Census Tract: 971800

Zoning

  • Zoning: 10

Geography

  • Parcel: S6090-00-00034-0
  • Lot: 34
  • Municipality: RURAL S WHIDBEY
  • Latitude: 48.011
  • Longitude: -122.56

    Address

  • Full Address: 1030 Timber Ln
  • Address - House Number: 1030
  • Address - Street Name: Timber
  • Address - Suffix Type: Ln
  • State: WA
  • City Name: Freeland
  • Carrier Code: R009
  • 4-Digit Zip Code: 9417
  • Zip Code: 98249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,475
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 77
  • Final Value: 310,103
  • High Value: 364,535
  • Low Value: 255,671

    Market Valuation

  • Market Total Value: $235,065
  • Market Land Value: $120,000
  • Market Improvement Value: $115,065

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,065
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $115,065

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Transaction ID: 11890739843
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4547126
  • Previous Sale Recording Date: Jun 09, 2017
  • Previous Sale Contract Date: Jun 06, 2017
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Jun 24, 2022
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 09, 2017
  • Previous Mortgage Loan Amount: $189,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Freeland



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Frequently Asked Questions

What neighborhood is 1030 Timber Lane located in?
The 1030 Timber Lane is a located in the neighborhood of Island in Freeland, Freeland.
What is the average sales price for listings in 1030 Timber Lane?
The average sales price for units in 1030 Timber Lane is $0 currently.

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