Sold420d on market
505 38th Street
Anacortes, WA, 98221 • 98221 • Skagit County
$785,000
$234/sqft
2Beds
2Baths
3,360Sqft
0.86 acLot
1940Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Bay · City · Sound · Territorial
Character Home
Built 1940 · 86 years of history
Anacortes
98221
Outdoor Living
Bath Off Primary · Double Pane/Storm Window · Dining Room · Fireplace · Hardwood · Jetted Tub · Laminate · Walk-In Closet(s)
2 Fireplaces
Gas · Lower Level: 1 · Main Level: 1 · Fireplace
3-Car Garage
Detached Carport · Detached Garage
Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 420 days ago · 2 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
420 days on market
Established listing
$234/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1940
Embrace the enchanted Pacific Northwest lifestyle from this .86-acre sanctuary perched above the sparkling Salish Sea. Panoramic vistas sweep from twinkling city lights across Fidalgo Bay to majestic Mt. Baker and the San Juan Islands. Minutes from charming Old Town's galleries and cafés, the ferry terminal, and The Store's fresh-baked delights. Watch orca pods glide past while sailboats dance on sun-dappled waters - all from your elevated vantage in the Olympic rain shadow's perfect microclimate. Year-round outdoor adventures await, from whale watching to island hopping. Visionary developers: transform this prime parcel into 6 residences or 12 cottages (improvements required), or rent while crafting your dream home in this maritime haven.
Standout features identified
Our analysis highlights twinkling city lights, san juan islands, and panoramic vistas as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,858/month
Principal & Interest$3,812
Property Tax$785
Insurance$262
Down payment20% ($157,000)
3%50%
Est. 6.12% rate · 30yr fixed · $628,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1940
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
Parking3 Garage spaces
Lot0.86 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1940
Stories1
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
RoofTile
ConstructionStucco
Water / SewerPublic, Company: City of Anacortes / Sewer Connected, Company: City of Anacortes
Parking & Outdoor
ParkingDetached Carport, Detached Garage
Garage3 spaces
BasementDaylight,Unfinished
Fireplaces2
Lot0.86 Acres
Location & Tax
Neighborhood98221
ZoningR2A
Annual tax$4,742
Parcel35023030060009
Bathrooms & Fees
Full baths1
Features & details
12 categories of property features
Interior Features
Interior
Bath Off Primary
Dining Room
Appliances
Dishwasher(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Flooring
Hardwood
Laminate
Vinyl
Heating
Fireplace
Forced Air
Electric
Natural Gas
Cooling
None
Fireplace
Gas
Lower Level: 1
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Exterior Features
Parking
Detached Carport
Detached Garage
Construction
Stucco
Patio & Porch
Bath Off Primary
Double Pane/Storm Window
Dining Room
Fireplace
Hardwood
Jetted Tub
Laminate
Walk-In Closet(s)
Lot Features
Corner Lot
Paved
Cable TV
Deck
Fenced-Partially
Gas Available
High Speed Internet
Views
Bay
City
Sound
Territorial
Room details
10 rooms detailed
Master Bedroom
MainBedroom
MainBathroom Full
MainBathroom Three Quarter
MainDen Office
MainDining Room
MainListing insights
Market data and value estimates
StatusSold
Days on market420
Est. value$789,500
Est. rent$2,991/mo
Tax rate0.76%
Price/sqft$234
On marketMar 8, 2025
PostedJan 17, 2025
Last sold$785,000
MLS statusSold
MLS updatedMar 14, 2025
Tour days6
Views2
How are the schools in Anacortes?
3 schools rated nearby
Location
Anacortes, WA, 98221
Price history
10 events
DateEventPrice$/sqftSource
Sep 4, 2025Listing Removed$2,800$1Zillow Rentals
Aug 19, 2025Listed For Rent$2,800$1Zillow Rentals
Feb 11, 2025Sold$785,000$234NWMLS as distributed by MLS GRID
Jan 22, 2025Pending Sale$785,000$234NWMLS as distributed by MLS GRID
Jan 17, 2025Listed For Sale$785,000$234NWMLS as distributed by MLS GRID
Nov 15, 2023Listing Removed——Zillow Rentals
Nov 1, 2023Listed For Rent$2,600$1Zillow Rentals
Jun 17, 2021Sold$710,000$211NWMLS as distributed by MLS GRID
Jun 3, 2021Pending Sale$699,000$208NWMLS as distributed by MLS GRID
May 28, 2021Listed For Sale$699,000$208NWMLS as distributed by MLS GRID
Listing Removed$2,800
Sep 4, 2025•$1/sqft•Zillow Rentals
Listed For Rent$2,800
Aug 19, 2025•$1/sqft•Zillow Rentals
Sold$785,000
Feb 11, 2025•$234/sqft•NWMLS as distributed by MLS GRID
Pending Sale$785,000
Jan 22, 2025•$234/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$785,000
Jan 17, 2025•$234/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Nov 15, 2023•Zillow Rentals
Listed For Rent$2,600
Nov 1, 2023•$1/sqft•Zillow Rentals
Sold$710,000
Jun 17, 2021•$211/sqft•NWMLS as distributed by MLS GRID
Pending Sale$699,000
Jun 3, 2021•$208/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$699,000
May 28, 2021•$208/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$4,967$658,100
Apr 8, 2023$4,742$629,200
Apr 8, 2022$4,414$595,700
Apr 8, 2021—$488,400
Apr 8, 2020$893$394,600
Apr 8, 2019$896$394,600
Apr 8, 2018$920$394,600
Apr 8, 2017$927$394,600
Apr 8, 2016$967$465,200
Apr 8, 2015$4,033$408,200
Apr 8, 2013$3,801$394,600
Apr 8, 2012$3,801$397,100
Apr 8, 2011$3,454$387,400
Apr 8, 2010$3,454$397,400
Apr 8, 2009$3,731$495,500
Apr 8, 2008$3,709$495,500
Apr 8, 2007$3,709$495,500
Apr 8, 2003$3,712$368,900
Apr 8, 2002$2,773$279,500
Apr 8, 2001$2,854$263,100
Apr 8, 2000$2,929$255,000
Nearby homes
Neighborhood details
Local context around this listing
Anacortes, WA • Skagit County
Nearby cities
AnacortesArlingtonBowBurlingtonConcreteHamiltonLa ConnerLyman
Nearby zip codes
9822198222
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 22:54:25 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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