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420 Reed St

Port Townsend, WA 98368

2 bd 2 ba 1,764 sqft Built 1987 Lot 30,492 sqft single_family
Most recent sale
$1,225,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $1,225,000 MLS #1973915
Aug 5, 2022 Price changed $1,225,000 MLS #1973915
Jul 26, 2022 Listed $1,497,000 MLS #1973915
Apr 7, 2003 Sold $455,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $576,889 $398,300 $975,189 $8,364
2025 $576,889 $398,300 $975,189 $8,015
2024 $492,852 $379,838 $872,690 $7,829
2023 $451,781 $356,750 $808,531 $6,881
2022 $332,259 $326,251 $658,510 $6,384
2021 $297,887 $287,100 $584,987 $5,880
2020 $297,887 $287,100 $584,987 $5,527
2019 $274,973 $261,000 $535,973 $4,858
2018 $250,478 $261,000 $511,478 $5,220
2017 $225,430 $255,070 $480,500 $4,887
2016 $225,430 $255,070 $480,500 $4,454
2015 $200,382 $255,070 $455,452 $4,408
2014 $192,033 $255,070 $447,103 $3,952
2013 $166,985 $221,800 $388,785 $4,376
2012 $195,590 $274,750 $470,340 $4,121
2011 $195,590 $274,750 $470,340 $3,971
2010 $195,590 $274,750 $470,340 $3,660
2009 $195,590 $274,750 $470,340 $3,279
2008 $185,685 $222,815 $408,500 $3,310
2007 $185,685 $222,815 $408,500 $3,417

Property facts

Year built
1987
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,764 sqft
Lot size
30,492 sqft
ZIP code
98368
City
Port Townsend
Street
Reed St
Coordinates
48.12637, -122.76231

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
$4,057
Gross rental yield
3.97%
Implied cap rate
2.58%
Trend-extrapolated value

Frequently asked questions

When did 420 Reed St last sell?
420 Reed St most recently sold on Sep 9, 2022 for $1,225,000.
What is the current tax assessment for 420 Reed St?
The most recent total assessment for 420 Reed St (year 2026) is $975,189 with $8,364 in property tax.
How does 420 Reed St's assessment compare to its last sale price?
The current assessment is 20.4% below the last sale price of $1,225,000.
When was 420 Reed St built?
420 Reed St was built in 1987.
How does 420 Reed St compare to others on Reed St?
We track 4 other properties on Reed St. Browse the list under "Other properties on Reed St" to compare beds, baths, and sale history.
What are the property facts for 420 Reed St?
420 Reed St is a 2 bed, 2 bath, 1,764 sqft, 30,492 sqft lot single_family.
Is 420 Reed St a flip candidate?
No — 420 Reed St does not appear in our flips dataset.
Is 420 Reed St a tax-appeal candidate?
No — 420 Reed 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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