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2987 Concept Ln

Port Orchard, WA 98367

4 bd 3 ba 2,900 sqft Built 1989 Lot 51,401 sqft single_family
Most recent sale
$660,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $660,000 MLS #1921062
Apr 22, 2022 Listed $650,000 MLS #1921062
Nov 7, 2019 Sold $475,000 MLS #1501442
Sep 29, 2019 Price changed $475,000 MLS #1501442
Sep 11, 2019 Price changed $490,000 MLS #1501442
Aug 23, 2019 Relisted $500,000 MLS #1501442
Aug 6, 2019 Listed $500,000 MLS #1501442
Oct 6, 2015 Listing removed $259,900 NWMLS
Apr 25, 2011 Sold $267,950 Public Record
Mar 1, 2011 Listed $259,900 MLS #188941
Jul 22, 2010 Listing removed $304,900 NWMLS
Jul 12, 2010 Price changed $304,900 MLS #64699
Jun 5, 2010 Price changed $314,900 MLS #64699
May 3, 2010 Listed $335,000 MLS #64699
Mar 17, 2009 Listing removed $414,950 NWMLS
Mar 21, 2008 Listed $414,950 MLS #28049231
Jun 18, 1992 Sold $149,500 Public Record
Jul 21, 1989 Sold $89,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $514,330 $91,930 $606,260 $5,597
2025 $514,330 $91,930 $606,260 $5,283
2024 $514,330 $91,930 $606,260 $5,123
2023 $413,060 $85,850 $498,910 $5,089
2022 $401,240 $79,770 $481,010 $4,999
2021 $382,390 $75,970 $458,360 $5,088
2020 $335,790 $74,090 $409,880 $4,991
2019 $285,110 $74,090 $359,200 $4,072
2018 $255,540 $74,090 $329,630 $4,247
2017 $221,060 $74,090 $295,150 $3,612
2016 $214,690 $74,090 $288,780 $3,536
2015 $210,430 $74,090 $284,520 $3,416
2014 $210,430 $74,090 $284,520 $3,463
2013 $210,430 $74,090 $284,520 $3,447
2012 $214,740 $87,510 $302,250 $3,460
2011 $223,240 $90,220 $313,460 $3,354
2010 $238,200 $93,700 $331,900 $3,316
2009 $262,920 $103,390 $366,310 $3,194
2008 $274,150 $107,700 $381,850 $3,217

Property facts

Year built
1989
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,900 sqft
Lot size
51,401 sqft
ZIP code
98367
City
Port Orchard
Street
Concept Ln
Coordinates
47.50037, -122.61486

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
$6,670
Gross rental yield
12.13%
Implied cap rate
7.88%
Trend-extrapolated value

Frequently asked questions

When did 2987 Concept Ln last sell?
2987 Concept Ln most recently sold on Jun 29, 2022 for $660,000.
What is the current tax assessment for 2987 Concept Ln?
The most recent total assessment for 2987 Concept Ln (year 2026) is $606,260 with $5,597 in property tax.
How does 2987 Concept Ln's assessment compare to its last sale price?
The current assessment is 8.1% below the last sale price of $660,000.
When was 2987 Concept Ln built?
2987 Concept Ln was built in 1989.
How does 2987 Concept Ln compare to others on Concept Ln?
We track 4 other properties on Concept Ln. Browse the list under "Other properties on Concept Ln" to compare beds, baths, and sale history.
What are the property facts for 2987 Concept Ln?
2987 Concept Ln is a 4 bed, 3 bath, 2,900 sqft, 51,401 sqft lot single_family.
Is 2987 Concept Ln a flip candidate?
No — 2987 Concept Ln does not appear in our flips dataset.
Is 2987 Concept Ln a tax-appeal candidate?
No — 2987 Concept 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
+1.2%
Implied 1-yr
+4.9%
2026 Q3
$599.2K
2026 Q4
$605.9K
ZIP 98367 — Median Price History + Forecast

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