Property
Account |
| Property ID: | 39285 | Abbreviated Legal Description: | PORT TOWNSEND O.T. BLK 7 LOT 5(E 1/2), 6(E29'1) INCL TL DIST 34 & 35 |
| Parcel # / Geo ID: | 989700708 | Agent Code: | |
| Type: | Real | | |
| Tax Area: | 0110 - C-50F1E1H2 | Land Use Code | 58 |
| Open Space: | N | DFL | N |
| Historic Property: | N | Remodel Property: | N |
| Multi-Family Redevelopment: | N | | |
| Township: | 30N | Section: | 1 |
| Range: | 1W |
Location |
| Address: | 725 WATER ST PORT TOWNSEND, WA 98368 | Mapsco: | 114/026 |
| Neighborhood: | PORT TOWNSEND DOWNTOWN COMMERCIAL DISTRICT | Map ID: | |
| Neighborhood CD: | 6290C |
Owner |
| Name: | 725 WATER STREET LLC | Owner ID: | 94799 |
| Mailing Address: | PO BOX 408 PORT TOWNSEND, WA 98368-0408 | % Ownership: | 100.0000000000% |
| | | Exemptions: | |
Pay Tax Due
There is currently No Amount Due on this property.
Taxes and Assessment Details
Property Tax Information as of
10/24/2025
Click on "Statement Details" to expand or collapse a tax statement.
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Statement Details |
| | TOTAL: | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
|
| | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Values
| (+) Improvement Homesite Value: | + | $0 | |
| (+) Improvement Non-Homesite Value: | + | $1,632,744 | |
| (+) Land Homesite Value: | + | $0 | |
| (+) Land Non-Homesite Value: | + | $365,400 | |
| (+) Curr Use (HS): | + | $0 | $0 |
| (+) Curr Use (NHS): | + | $0 | $0 |
| | | -------------------------- | |
| (=) Market Value: | = | $1,998,144 | |
| (–) Productivity Loss: | – | $0 | |
| | | -------------------------- | |
| (=) Subtotal: | = | $1,998,144 | |
| (+) Senior Appraised Value: | + | $0 | |
| (+) Non-Senior Appraised Value: | + | $1,998,144 | |
| | | -------------------------- | |
| (=) Total Appraised Value: | = | $1,998,144 | |
| (–) Senior Exemption Loss: | – | $0 | |
| (–) Exemption Loss: | – | $0 | |
| | | -------------------------- | |
| (=) Taxable Value: | = | $1,998,144 | |
Taxing Jurisdiction
| Owner: | 725 WATER STREET LLC | | |
| % Ownership: | 100.0000000000% | | |
| Total Value: | N/A | | |
| Tax Area: | 0110 - C-50F1E1H2 |
| CE | COUNTY CURRENT EXPENSE | N/A | N/A | N/A | N/A | | |
| CNTYDD | DEVELOPMENTAL DISABILITIES | N/A | N/A | N/A | N/A | | |
| CNTYVET | VETERANS RELIEF | N/A | N/A | N/A | N/A | | |
| MENTAL | MENTAL HEALTH | N/A | N/A | N/A | N/A | | |
| PTGEN | CITY OF PT GENERAL | N/A | N/A | N/A | N/A | | |
| PTLLL | CITY OF PT - LIBRARY LID LIFT | N/A | N/A | N/A | N/A | | |
| PTMVBOND | CITY OF PT MV BOND | N/A | N/A | N/A | N/A | | |
| HOSP2CASH | HOSP DIST #2 GENERAL | N/A | N/A | N/A | N/A | | |
| SCH50BOND | SCHOOL DIST #50 BOND 2016 | N/A | N/A | N/A | N/A | | |
| SCH50CP | SCHOOL DIST #50 CAP PROJ | N/A | N/A | N/A | N/A | | |
| SCH50MO | SCHOOL DIST #50 EP & O | N/A | N/A | N/A | N/A | | |
| CONSERVE | CONSERVATION FUTURES | N/A | N/A | N/A | N/A | | |
| EMS1 | FIRE DIST #1 EMS | N/A | N/A | N/A | N/A | | |
| FD1 | FIRE DIST #1 GENERAL | N/A | N/A | N/A | N/A | | |
| PORTPT | PORT OF PT GENERAL | N/A | N/A | N/A | N/A | | |
| PORTPTIDD | PORT OF PT IDD 2019 | N/A | N/A | N/A | N/A | | |
| PUD1 | PUD #1 GENERAL | N/A | N/A | N/A | N/A | | |
| STATE | STATE SCHOOL PART 1 | N/A | N/A | N/A | N/A | | |
| STATE2 | STATE SCHOOL PART 2 | N/A | N/A | N/A | N/A | | |
| | Total Tax Rate: | N/A | | | | | |
| | | | | Taxes w/Current Exemptions: | N/A | | |
| | | | | Taxes w/o Exemptions: | N/A | | |
Improvement / Building
| Improvement #1: | Commercial/Industrial/Government Bldg | State Code: | 58 | 7830.0 sqft | Value: | $1,632,744 |
| Exterior Wall: | MASON | Floor Construction: | CONCR | | Foundation: | CONPR | Heating/Cooling: | HPUMP | | Interior Finish: | FIN | Roof Cover: | BLTUP |
|
Sketch
Property Image
Land
| 1 | 6290-6261Q | Comm/Apts along Water Street Facing Water | 0.0783 | 3410.00 | 0.00 | 0.00 | 0.00 | $363,950 | $0 |
| 2 | 9301F | Tidelands | 0.0000 | 0.00 | 0.00 | 0.00 | 0.00 | $1,450 | $0 |
Roll Value History
| 2025 | N/A | N/A | N/A | N/A | N/A |
| 2024 | $1,628,467 | $365,400 | $0 | $1,993,867 | $1,993,867 |
| 2023 | $1,628,467 | $360,400 | $0 | $1,988,867 | $1,988,867 |
| 2022 | $1,550,921 | $355,400 | $0 | $1,906,321 | $1,906,321 |
| 2021 | $1,768,053 | $333,060 | $0 | $2,101,113 | $2,101,113 |
Deed and Sales History
| 1 | 12/29/2015 | SWD | Statutory Warranty Deed | PENELOPE L VARTERESIAN | 725 WATER STREET LLC | | | $1,440,000.00 | 124643 | |
|   | |
| 2 | 02/16/2010 | WD | Warranty Deed | POITEVIN, ELLEN J B ESTAT | VARTERESIAN, PENELOPE | 0 | 0 | $0.00 | 114043 | 0 |
| 3 | 08/26/1999 | QCD | Quit Claim Deed | VARTERESIAN, PENELOPE L | POITEVIN, ELLEN J | 0 | 0 | $0.00 | 87693 | 0 |
Payout Agreement
| No payout information available.. |