This home's estimate is 59.8% lower than the average sale price ($590K) of 6 comparable homes.
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111 Sherman Rd, Port Ludlow, WA 98365
About this home
Big-time Port Ludlow fixer! NOTHING is priced this low here! This one is not for the faint-hearted and will require cash or rehab loan only (foundation, wiring, deck, curtain drain & likely mound septic due to standing water) but what an opportunity in today's market. Come see the beautiful farmland setting, huge detached gar/shop, and great potential this one offers for an ambitious buyer! Sold as-is, no warr of any kind. Deck is unsafe, do NOT walk on it. Buyer to verify all info.

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Market trends in 98365, WA
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
- OPEN OCT 17, 12PM TO 2PM$598,5002 beds2.5 baths2,035 sq ft31 Sea Vista Pl, Port Ludlow, WA 98365Ruth Gribbin-Schmitt • Coldwell Banker Best Homes
- $760,0004 beds2.5 baths2,357 sq ft25 Evans, Port Ludlow, WA 98365Lindsey Montgomery • Windermere R.E. Port Townsend
- $1,228,0003 beds3 baths3,198 sq ft333 South Bay Ln, Port Ludlow, WA 98365Sheri Griffith • John L. Scott Port Ludlow
- $1,499,9993 beds3 baths3,031 sq ft3221 Teal Lake Rd, Port Ludlow, WA 98365Dennis Balduf • REally Properties Inc
- 3D WALKTHROUGH$1,199,9003 beds4 baths3,460 sq ft110 Groves Way, Port Ludlow, WA 98365James Shute • KW Greater Seattle
- $1,550,0002 beds3 baths1,975 sq ft131 S Bay Way, Port Ludlow, WA 98365Holley Carlson • The Agency - Port Townsend
- $615,0002 beds2 baths1,498 sq ft61 Clipper Ln, Port Ludlow, WA 98365Becky Belding • Windermere R.E. Port Ludlow
See all
Provided by Redfin
Sale history for 111 Sherman Rd
$42/sq ft
$42/sq ft
$49/sq ft
$89/sq ft
$88/sq ft
Tax history for 111 Sherman Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Covered Spaces: 3
- Garage Spaces: 3
- Has Garage
Interior
- Bedroom Information
- # of Bedrooms: 1
- # of Bedrooms Main: 1
- Bedrooms Possible: 1
- Bathroom Information
- # of Three Quarter Baths (Total): 2
- # of Three Quarter Baths (Main): 1
- # of Three Quarter Baths (Lower): 1
- Basement Information
- Basement Features: Finished
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- # of Fireplaces Main: 1
- Heating & Cooling
- Has Heating
- Interior Features
- Interior Features: Fireplace
Exterior
- Building Information
- Building Information: Built On Lot
- Roof: See Remarks
- Exterior Features
- Exterior Features: See Remarks
- Property Information
- Energy Source: Electric
- Sq. Ft. Finished: 1,920
- Style Code: 16 - 1 Story w/Bsmnt.
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Has View
- Lot Information
- MLS Lot Size Source: realist
- Lot Size Units: Square Feet
- Lot Size Acres: 0.43
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $2,020
- Tax Year: 2016
- Financial Information
- Listing Terms: Cash Out, Rehab Loan
- Buyer Financing: Other
Utilities
- Utility Information
- Water Source: Public
- Water Company: PUD Jefferson
- Power Company: PUD Jefferson
- Sewer: Septic Tank
- Sewer Company: Septic
- Utilities: Septic System, Electric
Location
- Multi-Unit Information
- Furnished: Unfurnished
- School Information
- Elementary School: Buyer To Verify
- Middle Or Junior High School: Buyer To Verify
- High School: Buyer To Verify
- High School District: Chimacum #49
- Location Information
- Directions: HWY 104; left on Shine Rd; right on Sherman.
- Community Information
- Senior Exemption: false
Public facts
- Beds: 1
- Baths: 1.0
- Sq. Ft.: 1,920
- Stories: 1.0
- Lot Size: 0.43 acres
- Style: Single Family Residential
- Year Built: 1930
- Year Renovated: 1982
- County: Jefferson County
- APN: 821344011
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Thursday, January 5, 2017
- Green Information
- Power Production Type: Electric
- Home Information
- Living Area: 1,920
- Living Area Units: Square Feet
- Calculated Square Footage: 1920
- MLS Square Footage Source: realist
- Building Area Total: 1920
- Building Area Units: Square Feet
- Foundation Details: Post & Pillar, Poured Concrete
- Structure Type: House
- Levels: One
Around this home
Schools
Public 2-6 • Assigned • 11.3mi
Public 7-12 • Assigned • 11.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 86° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
7 unhealthy days expected this year, 8 days in 30 years
Sun exposure
In this area, properties receive around 8.5 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 98365
Home values near 111 Sherman Rd
| Address | Redfin Estimate |
|---|---|
1 Beds | 2 Baths | 1116 Sq. Ft. | $459,456 |
3 Beds | 2.5 Baths | 2340 Sq. Ft. | $776,095 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 3400 Sq. Ft. | $1,004,059 |
3 Beds | 2 Baths | 1974 Sq. Ft. | $380,826 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 960 Sq. Ft. | $253,242 |
3 Beds | 3 Baths | 1792 Sq. Ft. | $677,306 |
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