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1735 Cormorant Bay Rd

Orcas Island, WA 98245

2 bd 2 ba 2,168 sqft Built 1972 Lot 58,836 sqft single_family
Most recent sale
$1,665,000
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 19, 2021 Sold $1,665,000 MLS #1611126
Jun 12, 2021 Price changed $1,720,000 MLS #1611126
Aug 5, 2020 Price changed $1,850,000 MLS #1611126
Jun 5, 2020 Listed $1,960,000 MLS #1611126
Jul 19, 2019 Price changed $2,100,000 MLS #1482629
Jun 28, 2019 Listed $2,295,000 MLS #1482629

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $1,149,670 $1,004,540 $2,154,210 $14,588
2025 $1,149,670 $1,004,540 $2,154,210 $12,415
2024 $1,083,440 $1,063,200 $2,146,640 $9,215
2023 $835,430 $733,240 $1,568,670 $9,302
2022 $529,160 $564,030 $1,093,190 $8,087
2021 $504,150 $564,030 $1,068,180 $8,253
2020 $479,230 $564,030 $1,043,260 $8,273
2019 $399,600 $564,030 $963,630 $7,692
2018 $340,610 $564,030 $904,640 $7,213
2017 $261,080 $592,220 $853,300 $6,168
2016 $273,740 $592,220 $865,960 $6,037
2015 $276,020 $592,220 $868,240 $6,159
2014 $305,800 $658,020 $963,820 $6,668
2013 $279,090 $658,020 $937,110 $6,354
2012 $279,090 $658,020 $937,110 $6,980
2011 $436,270 $851,700 $1,287,970 $6,402
2010 $436,270 $851,700 $1,287,970 $2,933
2009 $436,270 $851,700 $1,287,970 $5,968
2008 $341,680 $317,400 $659,080 $3,686
2007 $341,680 $317,400 $659,080 $3,869

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,168 sqft
Lot size
58,836 sqft
ZIP code
98245
City
Orcas Island
Street
Cormorant Bay Rd
Coordinates
48.64442, -123.01474

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1735 Cormorant Bay Rd last sell?
1735 Cormorant Bay Rd most recently sold on Nov 19, 2021 for $1,665,000.
What is the current tax assessment for 1735 Cormorant Bay Rd?
The most recent total assessment for 1735 Cormorant Bay Rd (year 2026) is $2,154,210 with $14,588 in property tax.
How does 1735 Cormorant Bay Rd's assessment compare to its last sale price?
The current assessment is 29.4% above the last sale price of $1,665,000.
When was 1735 Cormorant Bay Rd built?
1735 Cormorant Bay Rd was built in 1972.
How does 1735 Cormorant Bay Rd compare to others on Cormorant Bay Rd?
We track 6 other properties on Cormorant Bay Rd. Browse the list under "Other properties on Cormorant Bay Rd" to compare beds, baths, and sale history.
What are the property facts for 1735 Cormorant Bay Rd?
1735 Cormorant Bay Rd is a 2 bed, 2 bath, 2,168 sqft, 58,836 sqft lot single_family.
Is 1735 Cormorant Bay Rd a flip candidate?
No — 1735 Cormorant Bay Rd does not appear in our flips dataset.
Is 1735 Cormorant Bay Rd a tax-appeal candidate?
Yes — 1735 Cormorant Bay Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.6%
Implied 1-yr
-18.4%
2026 Q3
$616.5K
2026 Q4
$576.1K
ZIP 98245 — Median Price History + Forecast

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