This home's estimate is 0.8% higher than the average sale price ($643K) of 6 comparable homes.
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535 Reed St, Port Townsend, WA 98368
About this home
TWO small homes at the top of Morgan Hill! Great location between Uptown and Fort Worden, a 400+ acre State Park. Original home is a 1930's bungalow. Old-fashioned ___ sq ft with wood floors. Larger BR was added on. In 2009 a two-story ADU was added to the property. The bedroom is upstairs. Bathroom on each floor, stacking washer/dryer in 1st floor bathroom. A bit of view of the water from the 2nd floor of the ADU. Two second floor decks. Quiet and very coveted neighborhood.

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Market trends in 98368, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
0 days MoM
- $474,9501 bed1 bath873 sq ft842 Washington St #210, Port Townsend, WA 98368Patty Luchino • Home Realty
- REDFIN OPEN TODAY, 2PM TO 4PM
- OPEN SUN, 12PM TO 2PM$750,0003 beds2.5 baths2,776 sq ft161 N Lyter Ave, Port Townsend, WA 98368Abbie Little • Bell Tower Brokers
- $850,0003 beds2 baths1,848 sq ft516 V St, Port Townsend, WA 98368Teresa Goldsmith • John L. Scott Port Townsend
- REDFIN OPEN SUN, 11AM TO 1PM
- $1,495,0009 beds3 baths5,746 sq ft415 Harrison St, Port Townsend, WA 98368Holley Carlson • The Agency - Port Townsend
- OPEN SEP 7, 12PM TO 2PM$575,0002 beds2 baths1,692 sq ft3295 Hastings, Port Townsend, WA 98368Susan Monroe Gentillalli • John L. Scott, Inc.
- $349,7002 beds2 baths1,196 sq ft65 Hancock St, Port Townsend, WA 98368Randi Walker • Keller Williams West Sound
- $775,0004 beds2.5 baths2,256 sq ft83 Shorts Ln, Port Townsend, WA 98368Dana Lammers • Coldwell Banker Best Homes
- 3D WALKTHROUGH$575,0002 beds2 baths1,226 sq ft211 N Stromberg Ave, Port Townsend, WA 98368Alyssa Ahern • Windermere RE West Sound Inc
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Provided by Redfin
Sale history for 535 Reed St
$642/sq ft
$628/sq ft
$88/sq ft
Tax history for 535 Reed St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Permits
Work on a new container.
Gas
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
- Parking Information
- Covered Spaces: 1
- Has Carport
- Carport Spaces: 1
Interior
- Bedroom Information
- # of Bedrooms: 2
- # of Bedrooms Main: 2
- Bedrooms Possible: 2
- Bathroom Information
- # of Full Baths (Total): 1
- # of Full Baths (Main): 1
- Basement Information
- Basement Features: None
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- # of Fireplaces Main: 1
- Heating & Cooling
- Has Heating
- Interior Features
- Interior Features: Ceramic Tile, Fir/Softwood, Skylight(s), Vaulted Ceiling(s), Walk-in Closet(s), Water Heater
- Appliances: Dryer, Washer
- Flooring: Ceramic Tile, Softwood
- Appliances Included: Dryer,Range/Oven,Refrigerator,Washer
- Second Living Quarters Information
- ADU # of Beds: 1
- ADU # of Baths: 2
Exterior
- Building Information
- Building Information: Built On Lot
- Construction Methods: Standard Frame
- Roof: Cedar Shake, Composition, Metal
- Exterior Features
- Exterior Features: See Remarks, Wood Products
- Property Information
- Sq. Ft. Finished: 740
- Style Code: 10 - 1 Story
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Condition: Good
- Has View
- Lot Information
- Lot Number: 5
- MLS Lot Size Source: Assessor
- Site Features: Deck,Fenced-Partially,High Speed Internet
- Zoning Jurisdiction: City
- Lot Features: Corner Lot, Paved
- Lot Size Units: Square Feet
- Lot Size Acres: 0.1148
- Lot Size Dimensions: 50' x 100'
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $1,660
- Tax Year: 2020
- Financial Information
- Listing Terms: Cash Out, Conventional
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Source: Public
- Water Company: City of PT
- Power Company: PUD #1
- Sewer: Sewer Connected
- Sewer Company: City of PT
- Utilities: High Speed Internet, Sewer Connected, Electricity Available, Propane
- Water Heater Location: Laundry
- Water Heater Type: Electric
Location
- Multi-Unit Information
- Furnished: Unfurnished
- School Information
- Elementary School: Salish Coast Elementary
- Middle Or Junior High School: Blue Heron Mid
- High School: Port Townsend High
- High School District: Port Townsend #50
- Location Information
- Directions: Up to the top of Morgan Hill, on the corner of Reed and Madison.
- Topography: Level
- Community Information
- Senior Exemption: false
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 714
- Stories: 1.0
- Lot Size: 4,792 square feet
- Style: Single Family Residential
- Year Built: 1930
- Year Renovated: —
- County: Jefferson County
- APN: 974101504
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- Offers Review Date: Friday, July 10, 2020
- On Market Date: Friday, July 3, 2020
- Green Information
- Power Production Type: Electric, Propane
- Home Information
- Living Area: 740
- Living Area Units: Square Feet
- Calculated Square Footage: 1540
- MLS Square Footage Source: Assessor
- Building Area Total: 740
- Building Area Units: Square Feet
- Foundation Details: Post & Pillar, Poured Concrete
- Building Name: Mountain View
- Structure Type: House
- Levels: One
Around this home
Schools
Public PreK-5 • Assigned • 1.6mi
Public 6-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 0.6mi
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 82° expected this year, 17 days in 30 years
Minimal risk of severe winds over next 30 years
9 unhealthy days expected this year, 9 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 98368
Home values near 535 Reed St
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 2680 Sq. Ft. | $1,222,877 |
2 Beds | 2 Baths | 1764 Sq. Ft. | $1,152,326 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2154 Sq. Ft. | $914,837 |
3 Beds | 2.5 Baths | 2446 Sq. Ft. | $804,793 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 3 Baths | 1682 Sq. Ft. | $754,929 |
4 Beds | 2 Baths | 2854 Sq. Ft. | $1,247,950 |
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