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  • Listed by: RE/MAX Equity Group • Lorna Murray
    Bought with: Coldwell Banker Bain
    $375,000

    5115 NE Lamms Lane, Poulsbo, WA 98370

    2beds
    1,824sqft
    Single Family Residence
    Built in 1981
    1.06 Acres Lot
    $375,100 Zestimate®
    $206/sqft
    $2,925 Estimated rent

    Home value

    $375,100

    $356,000 - $398,000

    $2,925/mo

    Zestimate® history
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    What's special

    Cozy propane fireplaceHuge bonus roomSpacious family roomBeautiful lawn areasBuilt-ins and unique touches
    Opportunities like this rarely come available in this price range! Whether you’re an investor looking for your next project or a buyer wanting to build instant sweat equity with an FHA rehab loan or conventional Rehab financing, this property is packed with potential. With a little vision and effort, this home can truly become a spectacular home~ This charming home offers amazing bones and incredible character throughout, featuring a spacious family room with a cozy propane fireplace plus an additional wood-burning fireplace in the kitchen area. Built-ins and unique touches add warmth and charm you simply can’t recreate. The home includes 2 bedrooms plus a huge bonus room that may work as a possible 3rd bedroom — buyer to verify uses. Bring your contractor and ideas for this straightforward rehab opportunity! New flooring, wall finishing, a roof update, and fresh landscaping could transform this property and create immediate equity potential. The large one-car garage includes an added workshop area, offering excellent storage, hobby, or workspace options. Nestled on a gorgeous private 1-acre setting, the property is surrounded by massive mature rhododendrons, beautiful lawn areas, and lush landscaping both front and back. The peaceful setting feels like your own private retreat while still being conveniently located close to shopping, restaurants, amenities, and everything wonderful that Poulsbo has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lorna Murray,

    RE/MAX Equity Group

    Bought with:

    Sarah D Haapala, 140295

    Coldwell Banker Bain

    Source: NWMLS as distributed by MLS GRID,MLS#: 2527453MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen without eating space
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Fireplace, Stove/Free Standing, Electric, Propane
    Cooling
    • None
    Features
    • Bath Off Primary, Dining Room
    • Number of fireplaces: 2
    • Fireplace features: Electric, Gas, Main Level: 2, Fireplace
    Interior area
    • Total structure area: 1,824
    • Total interior livable area: 1,824 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached Garage
    • Has garage: Yes
    • Covered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Dining Room, Fireplace
    Lot
    • Size: 1.06 Acres
    • Features: Paved, Secluded, Outbuildings, Shop
    Details
    • Parcel number: 05260220652007
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Products
    • Roof: Composition
    Condition
    • Year built: 1981

    Utilities & green energy

    • Sewer: Septic Tank, Company: Septic
    • Water: Community, See Remarks, Company: Well

    Community & HOA

    Community
    • Subdivision: Poulsbo
    Location
    • Region: Poulsbo

    Financial & listing details

    • Price per square foot: $206/sqft
    • Tax assessed value: $366,880
    • Annual tax amount: $3,379
    • Date on market: 7/1/2026
    • Cumulative days on market: 21 days
    • Listing terms: Rehab Loan

    Price history

    DateEventPrice
    6/2/2026Sold$375,000+2.7%$206/sqft
    Source: NWMLS as distributed by MLS GRID #2527453 Report a problem
    5/22/2026Pending sale$365,000$200/sqft
    Source: NWMLS as distributed by MLS GRID #2527453 Report a problem
    5/21/2026Listed for sale$365,000$200/sqft
    Source: NWMLS as distributed by MLS GRID #2527453 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,180 +1113.6%$366,880 -4.6%
    2023$262 -2.2%$384,460
    2022$268 -1%$384,460 +25.4%
    2021$271 -9.2%$306,630 +2.5%
    2020$298 -4.4%$299,280 +11.3%
    2019$312 -16.3%$268,940 +24.9%
    2018$372 $215,330
    2017$372 -4.1%$215,330 +11.3%
    2016$388 -6.8%$193,540
    2015$417 $193,540 +2.9%
    2014$417 +1.8%$188,090
    2013$409 -0.4%$188,090 -6.8%
    2012$411 +4.8%$201,770 -4.9%
    2011$392 +8.3%$212,240 -9.8%
    2010$362 +7.8%$235,270 -7.8%
    2009$336 +2.2%$255,180 -3.2%
    2008$329 -6%$263,730 +19.2%
    2007$350 -82.5%$221,270 +42.7%
    2005$2,001 $155,020 +17.3%
    2002-- $132,160 +5.5%
    2001$1,738 -3%$125,220 +4.2%
    2000$1,791 $120,190
    Find assessor info on the county website

    Neighborhood: 98370

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: David Wolfle Elem
    • Middle: Kingston Middle
    • High: Kingston High School

    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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    Estimated market value
    $375,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $375,100