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38 Terrace Dr

Port Townsend, WA 98368

2 bd 2 ba 2,528 sqft Built 1996 Lot 11,326 sqft single_family
Most recent sale
$699,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 10, 2023 Sold $662,921 Public Record
Aug 15, 2022 Sold $699,000 MLS #1961104
Jul 2, 2022 Listed $699,000 MLS #1961104
Dec 16, 1994 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $611,466 $129,800 $741,266 $6,210
2025 $611,466 $129,800 $741,266 $6,017
2024 $560,830 $113,000 $673,830 $5,905
2023 $560,830 $108,000 $668,830 $5,558
2022 $424,871 $99,600 $524,471 $5,047
2021 $389,465 $91,300 $480,765 $4,929
2020 $389,465 $91,300 $480,765 $4,599
2019 $354,059 $83,000 $437,059 $4,312
2018 $354,059 $83,000 $437,059 $4,194
2017 $296,033 $77,700 $373,733 $3,447
2016 $248,033 $77,700 $325,733 $3,264
2015 $248,033 $77,700 $325,733 $3,273
2014 $248,033 $77,700 $325,733 $3,170
2013 $236,222 $74,000 $310,222 $3,068
2012 $236,220 $74,000 $310,220 $3,756
2011 $318,280 $98,000 $416,280 $3,643
2010 $318,280 $98,000 $416,280 $3,265
2009 $318,280 $98,000 $416,280 $3,315
2008 $240,985 $56,000 $296,985 $2,584
2007 $240,985 $56,000 $296,985 $2,852

Property facts

Year built
1996
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
2,528 sqft
Lot size
11,326 sqft
ZIP code
98368
City
Port Townsend
Street
Terrace Dr
Coordinates
48.05755, -122.77780

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
$5,814
Gross rental yield
9.98%
Implied cap rate
6.49%
Trend-extrapolated value

Frequently asked questions

When did 38 Terrace Dr last sell?
38 Terrace Dr most recently sold on Aug 15, 2022 for $699,000.
What is the current tax assessment for 38 Terrace Dr?
The most recent total assessment for 38 Terrace Dr (year 2026) is $741,266 with $6,210 in property tax.
How does 38 Terrace Dr's assessment compare to its last sale price?
The current assessment is 6.0% above the last sale price of $699,000.
When was 38 Terrace Dr built?
38 Terrace Dr was built in 1996.
How does 38 Terrace Dr compare to others on Terrace Dr?
We track 6 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 38 Terrace Dr?
38 Terrace Dr is a 2 bed, 2 bath, 2,528 sqft, 11,326 sqft lot single_family.
Is 38 Terrace Dr a flip candidate?
No — 38 Terrace Dr does not appear in our flips dataset.
Is 38 Terrace Dr a tax-appeal candidate?
No — 38 Terrace Dr 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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