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4975 Magellan Drive

4975 Magellan Drive, Freeland, WA 98249
Property in Island
Sold Mar 21, 2016
$375,000
$300,000 by Homestreet Bank
Mortgage Due Apr 01, 2046
Local assessors in Freeland, WA have categorized 4975 Magellan Drive as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 7,920 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4975 Magellan Drive has a total of 800 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of aluminum. Lots of concrete were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a gravity heating system is the primary heating source. The property was last sold in Mar 14, 2016 for $375,000. That's $468.75 per sqft. 4975 Magellan Drive was last assessed in 2023. The total value of the property was assessed at $599,253. Specifically, the land the property is located on was valued at $450,000. While improvements on the property were assessed at a total of $149,253. 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 $3,345. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Aluminium
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,920
  • Total Building Area: 800
  • Gross Building Area: 800
  • Building Area: 800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Gravity
  • Heated Square Feet: 800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LIGHTHSE SH 2
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LIGHTHSE SH 2 LOT 41 BLK 1 1/124 INT IN RES A LHS 2 & 3

Ownership

  • Current Owner : LACKIE JULIE
  • Current Owner 2: LACKIE PETER
  • Previous Owner : MCLAUGHLIN CASEY J
  • Previous Owner 2: MCLAUGHLIN LISA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Whidbey School District
  • Census Tract: 971302

Zoning

  • Zoning: 10

Geography

  • Parcel: S7375-02-01041-0
  • Block: 1
  • Lot: 41
  • Municipality: RURAL S WHIDBEY
  • Latitude: 48.0293
  • Longitude: -122.602

    Address

  • Full Address: 4975 Magellan Dr
  • Address - House Number: 4975
  • Address - Street Name: Magellan
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Freeland
  • Carrier Code: R009
  • 4-Digit Zip Code: 9604
  • Zip Code: 98249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,345
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 82
  • Final Value: 666,228
  • High Value: 762,581
  • Low Value: 569,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: HOMESTREET BANK
  • First Open Lien Mortgage Recording Date: Mar 21, 2016
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $599,253
  • Market Land Value: $450,000
  • Market Improvement Value: $149,253

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $599,253
  • Assessed Land Value: $450,000
  • Assessed Improvements Value: $149,253

    Sales

  • Current Sale Contract Date: Mar 14, 2016
  • Current Sale Recording Date: Mar 21, 2016
  • Current Sale Transaction ID: 1849167016
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4396128

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTREET BANK
  • First Mortgage Transaction Date: Mar 21, 2016
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2046

About Island



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Frequently Asked Questions

What neighborhood is 4975 Magellan Drive located in?
The 4975 Magellan Drive is a located in the neighborhood of Island in Island, Freeland.
What is the average sales price for listings in 4975 Magellan Drive?
The average sales price for units in 4975 Magellan Drive is $0 currently.

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