What an opportunity! A buildable parcel made up of 4 lots at the very tippy top of Morgan Hill. Located on an established road with utilities in the street. This is an ideal location with easy access to Ft. Worden to the North & Uptown to the South. Surrounded by trees to the north & full sun access to the south, this is the ideal spot to have your cake & eat it too. Be surrounded by verdant nature while also having tons of light. A beloved public trail in the unimproved Madison Street bordering the West side of the property allows easy access to explore the whole parcel. Bring your architect & start dreaming your home into reality.
Property Details
Property Features
Listing Office:
Office Name: Bell Tower Brokers
Office Phone: (360) 344-2143
Listing Agent: Abbie Little
Exterior Features
Exterior Information:
View: Territorial
Lot Features
Lot Information:
Lot: Paved
Lot Size: 0.46 Acres
School Info
Assigned Schools Information:
Blue Heron Middle School, Public District Grades 1-8
Other
Directions Information:
Directions: Hwy 20 turns into Water Street, North on Monroe, Right on Jackson at the Y, Left on Reed and property is on the Right at the corner of Madison.
Price Information
Listing Price Info
Price Summary:
List Price: $439,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Port Townsend, WA.
This property is $238.8K less than the Median Sold Price in Port Townsend, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2280913
Listing Office:
Office Name: Bell Tower Brokers
Office Phone: (360) 344-2143
Listing Agent: Abbie Little
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.
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: 10/30/2024, 5:17:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,259
Per Month
Principal & Interest
$2,192
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,383
Powered By
Advertisement
NMLS#3030
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.
Middle School
5
/10
Blue Heron Middle School
3939 San Juan Ave
Distance between this listing and this school0.72 miles
Public District Grades 1-8
Nearby Schools
6
/10
Coupeville Elementary School
6 S Main St
Distance between this listing and this school6.95 miles
Public District Grades PK-5
6
/10
Chimacum Elementary School
91 W Valley Rd
Distance between this listing and this school7.86 miles
Public District Grades 3-5
9
/10
Broadview Elementary School
473 SW Fairhaven Dr
Distance between this listing and this school12.51 miles
Public District Grades KG-5
Assigned Schools
5
/10
Blue Heron Middle School
3939 San Juan Ave
Distance between this listing and this school0.72 miles
Public District Grades 1-8
Nearby Schools
4
/10
Grant Street Elementary School
1637 Grant St
Distance between this listing and this school1.65 miles
Public District Grades PK-8
4
/10
Coupeville Middle School
501 S Main St
Distance between this listing and this school6.68 miles
Public District Grades 6-8
Nearby Schools
7
/10
Port Townsend High School
1500 Van Ness St
Distance between this listing and this school0.60 miles
Public District Grades 9-12
9
/10
Ocean
1637 Grant St
Distance between this listing and this school1.65 miles
Public District Grades KG-12
7
/10
Coupeville High School
501 S Main St
Distance between this listing and this school6.68 miles
The neighbors living near this home have an average income of $52,257. Typical income of Port Townsend, WA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 540 Reed St Unit 974402203
What is the listing price of this property?
The listing price of 540 Reed St Unit 974402203 property is $439,000.
What type of property is this?
The property 540 Reed St Unit 974402203 is land located in Port Townsend, Washington, 98368.
Is this property for sale now?
Active Listing: 540 Reed St Unit 974402203 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 540 Reed St Unit 974402203 are: Blue Heron Middle School: GreatSchools Rating 5/10
How much acreage is this property?
The property 540 Reed St Unit 974402203 is 0.46 acres.
Interested in 540 Reed St Unit 974402203? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 540 Reed St Unit 974402203 in Port Townsend, WA and zip code 98368. This home sits on a 0.46 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $439,000.
In September 2024 more than 10 listings in Port Townsend, WA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 14 were sold below. Between August 2024 and September 2024, Port Townsend, WA real estate market has seen increase in the number of listings by 3.1%. The median list price of listings available in September 2024 was $677,847, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The 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. 
PGA/LPGA
PGA/LPGA
Figure Skating
Soccer
Stein Mart
Old Navy
Dick's Sporting Goods
Bob Evans
Jimmy Johns
Arbys
Lincoln
Buick
GMC
News/Talk/Information
Adult Standards
New Country