2 months on rocket

1031 Discovery Ave SE, Ocean Shores, WA, 98569

$3,500,000

0 Baths
12,018 SqFt
$291/SqFt
House
Schools Nearby

Location

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Property Highlights

Year Built1968
WaterfrontCanal
ViewBay, Canal, Territorial
MLS #2202083
Lot Size1.28 Acres
StatusActive

About 1031 Discovery Ave SE

Discovery Shores is a 26 unit apartment complex located across from the OS Interpretive Center and the OS Marina (currently not operating) at the South end of Ocean Shores. It is a short distance to the OS Community Club. The owner purchased this property in 2020 and invested over $500,000 in deferred maintenance, unit conversions and upgrades. The South end of OS is experiencing substantial growth led by Oyhut Bay, a walkable community nearby. At some point there will be a new owner developer of the marina and the value of this property will adjust upwards. Tenants can kayak on the freshwater canal system that fronts the property. Buyer could also purchase The Constitution Apt's, listed at $4.8 M. Total for both is $7.95 Million.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 2
  • Living Area: 12,018 SqFt

Listing Office:

  • Office Name: Windermere R.E. Ocean Shores
  • Listing Agent: Jim Donahoe

Interior Features

Interior Information:

  • Flooring Type: Laminate, Vinyl
  • Interior: Laminate

Exterior Features

Exterior Information:

  • Waterfront: Canal
  • View: Bay, Canal, Territorial
  • Exterior: Wood Products

Lot Features

Lot Information:

  • Lot: Paved, Sidewalk
  • Lot Size: 1.28 Acres

School Info

Assigned Schools Information:

  • North Beach Senior High School, Public District Grades 9-12
  • North Beach Junior High School, Public District Grades 6-8
  • Ocean Shores Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Drive into Ocean Shores on Pt. Brown Ave. Continue 5+ miles South. Turn left on Discovery Ave. Discovery Shores will be on your right at the corner of Mt. Olympus Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
  • Price Per SqFt: $291/SqFt

HOA Fees:

  • Amount: $165
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,542
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ocean Shores, WA.

Med. Sold Price

$374.9K

Med. Price/SqFt

$282

Avg. Days On Market

109

# of Sold Homes

22

1031 Discovery Ave SE vs Ocean Shores

73 DAYS ON ROCKET

-36 Days

$3,500,000

+$3.1M More

$291/SqFt

+$8 More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $8/SqFt more than other homes in Ocean Shores, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2202083

Listing Office:

  • Office Name: Windermere R.E. Ocean Shores
  • Listing Agent: Jim Donahoe

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 2:47:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 21, 2020Home Sold
$1,073,461
May 23, 2018Home Sold
$150,000
Oct 11, 2004Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,542$246,150
2019$2,113$196,950
2018$1,734$157,500
2017$1,823$150,000

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6875031
4
/10
  • Ocean Shores Elementary School

  • 300 Mount Olympus Ave SE

  • 2.09 miles

  • Public District Grades KG-6

Middle School

school-card-donut-6875032
2
/10
  • North Beach Junior High School

  • 336 State Route 109

  • 8.22 miles

  • Public District Grades 6-8

High School

school-card-donut-6875033
3
/10
  • North Beach Senior High School

  • 336 State Route 115

  • 5.03 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,527. The majority of Ocean Shores, WA residents have income between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1031 Discovery Ave SE

What is the listing price of this property?

The listing price of 1031 Discovery Ave SE property is $3,500,000.

What type of property is this?

The property 1031 Discovery Ave SE is a house located in Ocean Shores, Washington, 98569.

Is this property for sale now?

Active Listing: 1031 Discovery Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1031 Discovery Ave SE are:
Ocean Shores Elementary School: GreatSchools Rating 4/10
North Beach Junior High School: GreatSchools Rating 2/10
North Beach Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,542 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 21, 2020 for $1,073,461. (source: MLS/tax record).

What is the square footage of this property?

The property 1031 Discovery Ave SE is 12,018 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1031 Discovery Ave SE is 1968.
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Rocket Homes›Washington›Grays Harbor County›Ocean Shores›98569›1031 Discovery Ave SE

This home is located at 1031 Discovery Ave SE in Ocean Shores, WA and zip code 98569. This 12,018 square foot home, which was built in 1968, sits on a 1.28 acre lot. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $3,500,000.

Over 3 listings were sold over their listed price in April 2024 in Ocean Shores, WA. In the same period over 15 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Ocean Shores, WA between March 2024 and April 2024 increased by 16.4%. While the average time on the market in April 2024 was 109 days, the median list price was $374,966.

From Rocket Homes Real Estate and based on county public records data.

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