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5480 Cleveland St

Port Townsend, WA 98368

3 bd 4 ba 2,689 sqft Built 1995 Lot 10,454 sqft single_family
Most recent sale
$775,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2024 Sold $875,000 NWMLS
May 31, 2024 Listed $880,000 NWMLS
Jun 2, 2022 Sold $775,000 MLS #1917983
Apr 28, 2022 Listed $775,000 MLS #1917983

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $645,220 $219,750 $864,970 $7,399
2025 $645,220 $219,750 $864,970 $7,267
2024 $473,970 $197,500 $671,470 $6,026
2023 $473,970 $192,500 $666,470 $5,673
2022 $392,034 $169,050 $561,084 $5,441
2020 $433,282 $1,185
2019 $433,282 $4,116
2018 $286,282 $147,000 $433,282 $4,464
2017 $267,812 $143,000 $410,812 $3,898
2016 $240,107 $143,000 $383,107 $3,386
2015 $203,168 $143,000 $346,168 $3,413
2014 $203,168 $143,000 $346,168 $3,199
2013 $184,698 $130,000 $314,698 $3,683
2012 $235,840 $160,000 $395,840 $3,468
2011 $235,840 $160,000 $395,840 $3,342
2010 $235,840 $160,000 $395,840 $3,081
2009 $235,840 $160,000 $395,840 $2,756
2008 $243,420 $100,000 $343,420 $2,783
2007 $243,420 $100,000 $343,420 $2,873

Property facts

Year built
1995
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,689 sqft
Lot size
10,454 sqft
ZIP code
98368
City
Port Townsend
Street
Cleveland St
Coordinates
48.13933, -122.78952

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,185
Gross rental yield
9.58%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 5480 Cleveland St last sell?
5480 Cleveland St most recently sold on Jun 2, 2022 for $775,000.
What is the current tax assessment for 5480 Cleveland St?
The most recent total assessment for 5480 Cleveland St (year 2026) is $864,970 with $7,399 in property tax.
How does 5480 Cleveland St's assessment compare to its last sale price?
The current assessment is 11.6% above the last sale price of $775,000.
When was 5480 Cleveland St built?
5480 Cleveland St was built in 1995.
How does 5480 Cleveland St compare to others on Cleveland St?
We track 8 other properties on Cleveland St. Browse the list under "Other properties on Cleveland St" to compare beds, baths, and sale history.
What are the property facts for 5480 Cleveland St?
5480 Cleveland St is a 3 bed, 4 bath, 2,689 sqft, 10,454 sqft lot single_family.
Is 5480 Cleveland St a flip candidate?
No — 5480 Cleveland St does not appear in our flips dataset.
Is 5480 Cleveland St a tax-appeal candidate?
No — 5480 Cleveland St 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
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$739.8K
2026 Q4
$755.8K
ZIP 98368 — Median Price History + Forecast

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