261 Madrona St
Orcas Island, WA 98245
2 bd 2 ba 2,454 sqft Built 1948 Lot 7,336 sqft single_family
Most recent sale
$845,800
Nov 17, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 17, 2024 | Listed | $1,295,000 | NWMLS |
| Nov 17, 2021 | Sold | $845,800 | MLS #1805339 |
| Jul 10, 2021 | Listed | $895,000 | MLS #1805339 |
| Mar 17, 2021 | Listed | $695,000 | MLS #1743517 |
| Feb 3, 2021 | Sold | $705,000 | MLS #1725459 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | $228,680 | $185,240 | $413,920 | $3,324 |
| 2019 | $228,680 | $185,240 | $413,920 | $2,133 |
| 2018 | $143,580 | $116,660 | $260,240 | $2,169 |
| 2017 | $152,820 | $116,660 | $269,480 | $1,522 |
| 2016 | $109,200 | $98,030 | $207,230 | $1,424 |
| 2015 | $102,660 | $98,030 | $200,690 | $1,678 |
| 2014 | $102,660 | $130,700 | $233,360 | $1,468 |
| 2013 | $102,660 | $106,700 | $209,360 | $1,845 |
| 2012 | $151,820 | $118,560 | $270,380 | $2,078 |
| 2011 | $151,280 | $229,940 | $381,220 | $1,906 |
| 2010 | $151,280 | $229,940 | $381,220 | $1,748 |
| 2008 | $151,280 | $229,940 | $381,220 | $1,333 |
Property facts
Year built
1948
Property type
single_family
Stories
—
Beds
2
Baths
2
Living area
2,454 sqft
Lot size
7,336 sqft
ZIP code
98245
City
Orcas Island
Street
Madrona St
Coordinates
48.69639, -122.90368
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,644
Gross rental yield
8.01%
Implied cap rate
5.20%
Trend-extrapolated value
—
Frequently asked questions
When did 261 Madrona St last sell?
261 Madrona St most recently sold on Nov 17, 2021 for $845,800.
What is the current tax assessment for 261 Madrona St?
The most recent total assessment for 261 Madrona St (year 2020) is $413,920 with $3,324 in property tax.
How does 261 Madrona St's assessment compare to its last sale price?
The current assessment is 51.1% below the last sale price of $845,800.
When was 261 Madrona St built?
261 Madrona St was built in 1948.
How does 261 Madrona St compare to others on Madrona St?
We track 4 other properties on Madrona St. Browse the list under "Other properties on Madrona St" to compare beds, baths, and sale history.
What are the property facts for 261 Madrona St?
261 Madrona St is a 2 bed, 2 bath, 2,454 sqft, 7,336 sqft lot single_family.
Is 261 Madrona St a flip candidate?
No — 261 Madrona St does not appear in our flips dataset.
Is 261 Madrona St a tax-appeal candidate?
No — 261 Madrona St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.6%
Implied 1-yr
-18.4%
2026 Q3
$616.5K
2026 Q4
$576.1K
ZIP 98245 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madrona St