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51 Molenda Ln

Port Townsend, WA 98368

3 bd 3 ba 2,064 sqft Built 1991 Lot 31,363 sqft single_family
Most recent sale
$600,000
Nov 23, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 23, 2021 Sold $600,000 MLS #1853166
Oct 28, 2021 Listed $525,000 MLS #1853166
Nov 22, 2013 Sold $290,281 Public Record
Oct 24, 2013 Listing removed $295,000 NWMLS
Oct 11, 2013 Listed $295,000 MLS #554395
Apr 28, 2005 Sold $305,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $514,375 $154,000 $668,375 $5,473
2025 $514,375 $154,000 $668,375 $5,062
2024 $455,387 $135,000 $590,387 $5,056
2023 $455,387 $130,000 $585,387 $5,142
2022 $318,840 $94,875 $413,715 $4,253
2021 $256,765 $786
2020 $256,765 $794
2019 $256,765 $788
2018 $256,765 $835
2017 $216,415 $77,500 $293,915 $805
2016 $185,515 $71,250 $256,765 $788
2015 $185,515 $71,250 $256,765 $2,523
2014 $185,515 $62,500 $248,015 $2,471
2013 $161,860 $62,500 $224,360 $2,167
2012 $221,220 $85,000 $306,220 $2,748
2011 $221,220 $85,000 $306,220 $2,698
2010 $221,220 $85,000 $306,220 $2,446
2009 $221,220 $85,000 $306,220 $2,482
2008 $144,625 $41,000 $185,625 $1,685
2007 $144,625 $41,000 $185,625 $1,805

Property facts

Year built
1991
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,064 sqft
Lot size
31,363 sqft
ZIP code
98368
City
Port Townsend
Street
Molenda Ln
Coordinates
48.00785, -122.86901

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,747
Gross rental yield
9.49%
Implied cap rate
6.17%
Trend-extrapolated value

Frequently asked questions

When did 51 Molenda Ln last sell?
51 Molenda Ln most recently sold on Nov 23, 2021 for $600,000.
What is the current tax assessment for 51 Molenda Ln?
The most recent total assessment for 51 Molenda Ln (year 2026) is $668,375 with $5,473 in property tax.
How does 51 Molenda Ln's assessment compare to its last sale price?
The current assessment is 11.4% above the last sale price of $600,000.
When was 51 Molenda Ln built?
51 Molenda Ln was built in 1991.
How does 51 Molenda Ln compare to others on Molenda Ln?
We do not currently track other properties on Molenda Ln.
What are the property facts for 51 Molenda Ln?
51 Molenda Ln is a 3 bed, 3 bath, 2,064 sqft, 31,363 sqft lot single_family.
Is 51 Molenda Ln a flip candidate?
No — 51 Molenda Ln does not appear in our flips dataset.
Is 51 Molenda Ln a tax-appeal candidate?
No — 51 Molenda 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
+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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