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480 Madrona St

Orcas Island, WA 98245

3 bd 3 ba 1,840 sqft Built 2006 Lot 5,998 sqft single_family
Most recent sale
$810,000
Dec 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2021 Sold $810,000 MLS #1839762
Oct 1, 2021 Listed $885,000 MLS #1839762
Aug 7, 2007 Sold $403,000 Public Record
Nov 10, 2005 Sold $245,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $734,770 $204,710 $939,480 $6,437
2025 $734,770 $204,710 $939,480 $5,291
2024 $707,350 $194,960 $902,310 $4,934
2023 $608,960 $194,960 $803,920 $4,821
2022 $434,460 $162,470 $596,930 $4,480
2021 $366,110 $147,700 $513,810 $4,019
2020 $366,110 $147,700 $513,810 $4,156
2019 $370,320 $147,700 $518,020 $3,588
2018 $295,330 $147,700 $443,030 $2,777
2017 $238,710 $105,500 $344,210 $2,208
2016 $189,850 $110,770 $300,620 $2,133
2015 $195,510 $105,490 $301,000 $2,260
2014 $208,330 $105,490 $313,820 $2,223
2013 $210,540 $105,490 $316,030 $2,078
2012 $204,760 $95,900 $300,660 $2,494
2011 $267,130 $186,000 $453,130 $2,290
2010 $267,130 $186,000 $453,130 $2,102
2009 $267,130 $186,000 $453,130 $2,137
2008 $267,130 $186,000 $453,130 $2,025
2007 $101,120 $97,200 $198,320 $1,212

Property facts

Year built
2006
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,840 sqft
Lot size
5,998 sqft
ZIP code
98245
City
Orcas Island
Street
Madrona St
Coordinates
48.69834, -122.90308

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,232
Gross rental yield
6.27%
Implied cap rate
4.08%
Trend-extrapolated value

Frequently asked questions

When did 480 Madrona St last sell?
480 Madrona St most recently sold on Dec 16, 2021 for $810,000.
What is the current tax assessment for 480 Madrona St?
The most recent total assessment for 480 Madrona St (year 2026) is $939,480 with $6,437 in property tax.
How does 480 Madrona St's assessment compare to its last sale price?
The current assessment is 16.0% above the last sale price of $810,000.
When was 480 Madrona St built?
480 Madrona St was built in 2006.
How does 480 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 480 Madrona St?
480 Madrona St is a 3 bed, 3 bath, 1,840 sqft, 5,998 sqft lot single_family.
Is 480 Madrona St a flip candidate?
No — 480 Madrona St does not appear in our flips dataset.
Is 480 Madrona St a tax-appeal candidate?
Yes — 480 Madrona St 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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