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  • Listed by: Windermere RE West Sound Inc • Christine Todd
    Bought with: PropertiesNW of Gig Harbor Ltd
    $625,000

    262 Margaret Street, Port Ludlow, WA 98365

    3beds
    2,322sqft
    Single Family Residence
    Built in 2004
    0.53 Acres Lot
    $624,400 Zestimate®
    $269/sqft
    $3,207 Estimated rent

    Home value

    $624,400

    $581,000 - $674,000

    $3,207/mo

    Zestimate® history
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    What's special

    Quiet dead end street
    Beautiful custom multi level home with water views of the bay & Hood Canal on quiet dead end street off Shine Rd. Access to community park/beach & boat launch a half block away..Excellent spot to launch a kayak. Perfect for multi gen living. Bdrm & full bath on each floor. Two kits (one w/o stove), propane FP on main & upper floor. Main floor guest quarters make entertaining a snap.Very well maintained inside & out & gently lived in. Updates: Lux plank vinyl foors on main, new kit area on main, gorgeous glass & metal entry door, ext upper front of home, some new light fixtures & living room blinds. Large deck off the middle floor for easy access/w closed in storage underneath for yard supplies, Amazing landscape on oversized lot with several spots to sit a while and enjoy the sounds of nature. Detached double gar/shop. Two tax parcels. The wetlands behind the property protect the privacy.Great location just 15 mins from stores/eats & services. Five min to the Hood Canal Bridge.Come explore this property and all that Jefferson County has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Todd,

    Windermere RE West Sound Inc,

    Jorgette Glavin,

    Windermere RE West Sound Inc

    Bought with:

    Emily Niles, 120756

    PropertiesNW of Gig Harbor Ltd

    Source: NWMLS as distributed by MLS GRID,MLS#: 2412271MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Third
    Bedroom
    • Level: Second
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Third
    Bathroom full
    • Level: Second
    Bathroom full
    • Level: Main
    Den office
    • Level: Third
    Dining room
    • Level: Second
    Entry hall
    • Level: Main
    Great room
    • Level: Main
    Kitchen with eating space
    • Level: Second
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Second
    Utility room
    • Level: Second
    Heating
    • Fireplace, Fireplace Insert, Wall Furnace, Electric, Propane
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Closet
    Features
    • Dining Room
    • Flooring: Ceramic Tile, Laminate, Vinyl Plank, Carpet
    • Windows: Dbl Pane/Storm Window, Skylight(s)
    • Basement: None
    • Number of fireplaces: 2
    • Fireplace features: Gas, Main Level: 1, Upper Level: 1, Fireplace
    Interior area
    • Total structure area: 2,322
    • Total interior livable area: 2,322 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Off Street, RV Parking
    • Has garage: Yes
    • Covered spaces: 2
    Features
    • Levels: Multi/Split
    • Entry location: Main
    • Patio & porch: Second Kitchen, Dbl Pane/Storm Window, Dining Room, Fireplace, Jetted Tub, Skylight(s), Walk-In Closet(s), Water Heater
    • Spa features: Bath
    • Has view: Yes
    • View description: Bay, Canal
    • Has water view: Yes
    • Water view: Bay,Canal
    Lot
    • Size: 0.53 Acres
    • Features: Dead End Street, Paved, Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, Propane, Rooftop Deck, RV Parking
    • Topography: Level
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 821333028
    • Zoning: RR
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard
    • Other equipment: Leased Equipment: Propane Tank

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Multi Level
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Wood Products, Cement Plank
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Good
    • Year built: 2004
    • Major remodel year: 2004

    Utilities & green energy

    • Electric: Company: Jefferson PUD
    • Sewer: Septic Tank
    • Water: Public, Company: PUD of Jefferson Co
    • Utilities for property: Centurylink

    Community & HOA

    Community
    • Features: Boat Launch, CCRs, Park
    • Subdivision: Shine
    HOA
    • Services included: Common Area Maintenance, See Remarks
    • HOA fee: $291 annually
    Location
    • Region: Port Ludlow

    Financial & listing details

    • Price per square foot: $269/sqft
    • Tax assessed value: $651,394
    • Annual tax amount: $5,212
    • Date on market: 10/21/2025
    • Cumulative days on market: 305 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    7/22/2026Sold$625,000-3.8%$269/sqft
    Source: NWMLS as distributed by MLS GRID #2412271 Report a problem
    6/8/2026Pending sale$649,900$280/sqft
    Source: NWMLS as distributed by MLS GRID #2412271 Report a problem
    5/12/2026Price change$649,900-2.3%$280/sqft
    Source: NWMLS as distributed by MLS GRID #2412271 Report a problem
    4/9/2026Price change$665,000-1.5%$286/sqft
    Source: NWMLS as distributed by MLS GRID #2412271 Report a problem
    11/19/2025Price change$675,000-2%$291/sqft
    Source: NWMLS as distributed by MLS GRID #2412271 Report a problem
    10/15/2025Price change$689,000-1.4%$297/sqft
    Source: NWMLS as distributed by MLS GRID #2412271 Report a problem
    9/2/2025Price change$699,000-3.6%$301/sqft
    Source: NWMLS as distributed by MLS GRID #2412271 Report a problem
    8/7/2025Listed for sale$725,000+98.9%$312/sqft
    Source: NWMLS as distributed by MLS GRID #2412271 Report a problem
    7/31/2015Sold$364,500$157/sqft
    Source: NWMLS as distributed by MLS GRID #777866 Report a problem
    7/30/2015Pending sale$364,500$157/sqft
    Source: John L Scott Real Estate #777866 Report a problem
    7/11/2015Price change$364,500-2.7%$157/sqft
    Source: John L Scott Real Estate #777866 Report a problem
    5/24/2015Price change$374,500-6.3%$161/sqft
    Source: John L Scott Real Estate #777866 Report a problem
    5/5/2015Listed for sale$399,500$172/sqft
    Source: John L Scott Real Estate #777866 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,265 +7.5%$651,394 +5.5%
    2023$4,898 +3.4%$617,246 +0.8%
    2022$4,736 +5.3%$612,246 +25.2%
    2021$4,496 +1.4%$489,154 +16.9%
    2019$4,433 +4.8%$418,454 +9.2%
    2018$4,229 +9.9%$383,103
    2017$3,849 -11.3%$383,103 +8.4%
    2016$4,339 +11%$353,503 -2.6%
    2015$3,910 -3.6%$362,935 -3.2%
    2014$4,058 $374,962 +0%
    2013$4,058 -0.4%$374,960
    2010$4,075 --
    Find assessor info on the county website

    Neighborhood: 98365

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chimacum Elem
    • Middle: Chimacum Mid
    • High: Chimacum High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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