MAJOR PRICE REDUCTION: Dramatic Million Dollar Views from this Scenic Heights home, just waiting for the buyer who can bring imagination and skills to update this home to be worthy of its views. This home currently has living on the main level, 3BR, 1 Bath, large kitchen area and a finished walk-out basement that has the potential to be a MIL. The landscaping of this yard provides outstanding color and blooms from Springtime to Fall. New 50K Septic installed by the current owner with updated landscaping in the septic area. Bring your offers and start living on Island Time.
Sold
Listed by: Windermere Lake Stevens
Bought with: RE/MAX Gateway
$675,000
550 SW Waterloo Avenue, Oak Harbor, WA 98277
3beds
2,610sqft
Single Family Residence
Built in 1962
0.42 Acres Lot
$677,200 Zestimate®
$259/sqft
$3,217 Estimated rent
Home value
$677,200
$609,000 - $758,000
$3,217/mo
Zestimate® history
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$3,937/mo
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List your homeWhat's special
Large kitchen areaFinished walk-out basementMillion dollar views
Zillow last checked:
Listing updated:
Listed by:
Bonnie Roulstone,
Windermere Lake Stevens
Bought with:
Cristie Arnold, 131983
RE/MAX Gateway
Source: NWMLS as distributed by MLS GRID,MLS#: 2326600
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Other
- Level: Lower
Den office
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, Fireplace Insert, Forced Air, Electric, Oil, Propane
Cooling
- None
Appliances
- Included: Dishwasher, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Refrigerator(s), Water Heater: Electric, Water Heater Location: Basement
Features
- Ceiling Fan(s)
- Flooring: Hardwood, Laminate, Vinyl, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 2
- Fireplace features: Electric, Gas, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,610
- Total interior livable area: 2,610 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached Garage, RV Parking
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Water Heater
- Has view: Yes
- View description: Bay, City, Sound
- Has water view: Yes
- Water view: Bay,Sound
Lot
- Size: 0.42 Acres
- Dimensions: 191 x 102 x 171 x 102
- Features: Corner Lot, Paved, Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, Propane, RV Parking
- Topography: Level,Sloped
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 5663500000040
- Zoning: OH
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1962
- Major remodel year: 1982
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank
- Water: Public, Company: City of Oak Harbor
- Utilities for property: Xfinity, Xfinity
Community & neighborhood
Location
- Region: Oak Harbor
- Subdivision: Scenic Heights/Vista
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 142 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Sold | $675,000-3.6%$259/sqft |
Source:  NWMLS as distributed by MLS GRID #2326600 Report a problem | ||
| 7/10/2025 | Pending sale | $700,000$268/sqft |
Source: NWMLS as distributed by MLS GRID #2326600 Report a problem | ||
| 7/3/2025 | Price change | $700,000-11.9%$268/sqft |
Source: NWMLS as distributed by MLS GRID #2326600 Report a problem | ||
| 4/23/2025 | Price change | $795,000-2.9%$305/sqft |
Source: NWMLS as distributed by MLS GRID #2326600 Report a problem | ||
| 3/17/2025 | Listed for sale | $819,000+230.2%$314/sqft |
Source: NWMLS as distributed by MLS GRID #2326600 Report a problem | ||
| 10/1/2003 | Sold | $248,000$95/sqft |
Source: NWMLS as distributed by MLS GRID #23098653 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,827 +9.7% | $569,155 +9.1% |
| 2023 | $4,401 -9.1% | $521,653 -3.4% |
| 2022 | $4,839 +21.8% | $539,868 +45.6% |
| 2021 | $3,974 +9.8% | $370,666 +10.2% |
| 2020 | $3,619 +12.4% | $336,433 -1.5% |
| 2019 | $3,219 -13.3% | $341,540 +6% |
| 2018 | $3,712 +2% | $322,176 +0.5% |
| 2017 | $3,640 +16.3% | $320,641 +9.3% |
| 2016 | $3,129 -4.7% | $293,304 -0.9% |
| 2015 | $3,283 | $295,971 +1.6% |
| 2013 | -- | $291,304 |
| 2012 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | $431,858 -0.6% |
| 2008 | -- | $434,531 -0.6% |
| 2007 | -- | $437,204 +18.3% |
| 2006 | -- | $369,722 +35.6% |
| 2005 | -- | $272,632 +19.6% |
| 2002 | -- | $227,973 +12.7% |
| 2000 | $2,100 | $202,337 |
Find assessor info on the county website
Neighborhood: 98277
Nearby schools
GreatSchools rating
- 7/10Oak Harbor Intermediate SchoolGrades: 5-6Distance: 1.6 mi
- 7/10North Whidbey Middle SchoolGrades: 7-8Distance: 2 mi
- 6/10Oak Harbor High SchoolGrades: 9-12Distance: 2 mi
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- Washington
- Island County
- Oak Harbor
- 98277
- 550 SW Waterloo Avenue
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