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40 Falcon Ln

Port Ludlow, WA 98365

3 bd 2 ba 1,320 sqft Built 1991 Lot 10,890 sqft single_family
Most recent sale
$492,000
Mar 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 22, 2022 Sold $492,000 MLS #1888743
Feb 13, 2022 Listed $485,000 MLS #1888743
Nov 6, 2020 Sold $385,000 MLS #1672913
Oct 6, 2020 Listed $385,000 MLS #1672913
Jul 29, 2004 Sold $190,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $398,179 $104,500 $502,679 $3,960
2025 $398,179 $104,500 $502,679 $4,015
2024 $381,588 $90,000 $471,588 $3,745
2023 $364,998 $85,000 $449,998 $3,487
2022 $318,766 $78,000 $396,766 $3,643
2021 $212,401 $47,500 $259,901 $2,554
2020 $212,401 $47,500 $259,901 $2,456
2019 $196,062 $43,700 $239,762 $2,239
2018 $179,724 $39,900 $219,624 $2,321
2017 $163,385 $38,000 $201,385 $2,202
2016 $155,216 $38,000 $193,216 $2,041
2015 $116,815 $60,088 $176,903 $2,040
2014 $116,815 $60,088 $176,903 $1,828
2013 $101,578 $52,250 $153,828 $1,726
2012 $101,580 $52,250 $153,830 $1,698
2011 $101,580 $52,250 $153,830 $2,090
2010 $101,580 $52,250 $153,830 $1,047
2009 $160,370 $75,000 $235,370 $1,042
2008 $124,730 $30,000 $154,730 $1,075
2007 $124,730 $30,000 $154,730 $1,213

Property facts

Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,320 sqft
Lot size
10,890 sqft
ZIP code
98365
City
Port Ludlow
Street
Falcon Ln
Coordinates
47.92563, -122.70085

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
$3,036
Gross rental yield
7.40%
Implied cap rate
4.81%
Trend-extrapolated value

Frequently asked questions

When did 40 Falcon Ln last sell?
40 Falcon Ln most recently sold on Mar 22, 2022 for $492,000.
What is the current tax assessment for 40 Falcon Ln?
The most recent total assessment for 40 Falcon Ln (year 2026) is $502,679 with $3,960 in property tax.
How does 40 Falcon Ln's assessment compare to its last sale price?
The current assessment is 2.2% above the last sale price of $492,000.
When was 40 Falcon Ln built?
40 Falcon Ln was built in 1991.
How does 40 Falcon Ln compare to others on Falcon Ln?
We track 5 other properties on Falcon Ln. Browse the list under "Other properties on Falcon Ln" to compare beds, baths, and sale history.
What are the property facts for 40 Falcon Ln?
40 Falcon Ln is a 3 bed, 2 bath, 1,320 sqft, 10,890 sqft lot single_family.
Is 40 Falcon Ln a flip candidate?
Yes — 40 Falcon Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40 Falcon Ln a tax-appeal candidate?
No — 40 Falcon Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.7%
Implied 1-yr
+23.0%
2026 Q3
$1.07M
2026 Q4
$1.07M
ZIP 98365 — Median Price History + Forecast

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